BEST ANSWER
FIRST ANSWER
Here is my personal opinion - short and sweet
The Azure is an great project - newer - nice pool and units. Currently 30 active listings with 5 in short sale or foreclosure status
Waterscape is another great project - newer - nice pool and units. Currently 74 active listings with 1 in short sale or foreclosure status (Developer is in control of the project - maybe hard to get financing without using the developers lendor)
Gulf Dunes - nice project, units and pool. 10 active listings with 1 in short sale or foreclosure status
Islander - nice. older project. 9 active listings
Island Echo - nice older project. 9 active listings
I would suggest researching the HOA (for delinquencies, pending assesstments, reserves and so on) Insurance (building coverage, liability, umbrella and so on)
Let me know if you need any help. Good luck with your research.
Sun Aug 23 2009, 17:43