Home Buying in 37202>Question Details

Megan Manly, Real Estate Pro in Nashville, TN

Where is the most affordable place to buy beachside property in the south?

Asked by Megan Manly, Nashville, TN Sun Jul 29, 2007

I'm looking to invest in a second home/vacation land. I would like to be within a 10 hour drive from Nashville, TN and I want a GREAT deal. I don't need to be in the heart of a popular area either. Any guidance?

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Hi Brian.

I am licensed in FL, but do not serve the Panhandle area. I do think it might be your best bet from Nashville, though. Lots of options and opportunities there.

Let us know where and when you buy. On second thought, you might get a lot of visitors...
0 votes Thank Flag Link Tue Jul 31, 2007
Deborah Madey, Real Estate Pro in Brick, NJ
MVP'08
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Brian,

I've lived on both coasts, so it's hard to say what a GREAT deal is - and it depends on what you like to do ... an average deal in Boca is a great deal in Cape Coral.

Beauford and St George Island is nice, Daytona is great if you like 10 miles of traffic and people parking on your front lawn .. I agree with Julia, the Destin area is kind of the "quiet" area with tons of great golf courses, it's not the flat lands of southern Florida.

The best thing for you is to find out yourself ... definitely go after the Easter holiday, the airfares are cheap, the rental cars are even cheaper and you can get a very comfortable suite for 40% off, then look around and see what you think ... depending on where you look after Easter, you'll see home prices come down 15/20%.

Good luck and happy hunting.!
1 vote Thank Flag Link Tue Feb 5, 2008
Hi Brian, I like the GA and SC coast. Beauford, SC or Tybee Island area in GA. The Gullah Islands offer beautiful barrier reef beaches without the high prices of Hilton Head or other area. They are less then 9 hours away. Savannah, a beautiful city with historic charm, is just a short drive away when you want a change from the beach. But who would want to leave the beach?
Web Reference: http://www.beaufortusa.com
1 vote Thank Flag Link Mon Dec 10, 2007
Now Brian,
Just call your CRS list along the coast near Destin, Santa Rosa, Sandestin, Panama City areas and get them to tell you the best right now......or Orange Beach,AL.....Laura
Web Reference: http://www.Laura-Scott.com
0 votes Thank Flag Link Sun Sep 14, 2008
Hi Brian
Look in Southeast or Southwest Florida. The Miami/ Fort Lauderdale/West Palm Beach areas are very hard hit by the housing crisis, which translates in to great deals for buyers. There is over 61 months supply of inventory in the southern part of the state and VERY motivated sellers, lots of foreclosures and many many many homes to choose from.
0 votes Thank Flag Link Tue Sep 9, 2008
Hey Brian, You need to check out the GoZone. It was an initiative set by President Bush a few years back to help the recovery following the Katrina Hurricane. I take it you are a full time Realtor so you would probably qualify. Basically, it is Mississippi, Alabama and Louisiana gulf coast properties in the devastated areas after Katrina. You can use whatever you spend on the property as a tax deductible investment spanning over a 5 year window. I think you can go back to 2001 and forward to 2010 but you need to verify that with a CPA. I am looking to buy something in that area within the next couple of years. But its a great way for full time real estate folks like us to invest in the area... Good luck. J. D. Inman / Franklin, TN
0 votes Thank Flag Link Tue Sep 9, 2008
32937 has beach side condos and homes from 50 dollars per sq ft and direct oceanfront condos from 200 dollars per sq ft. It is heaven on earth.
0 votes Thank Flag Link Tue Sep 9, 2008
Check out St George Island. It's a barrier island near Appalachicola. Here's a link to get you a started.
http://www.forgottencoastline.com/
If you want to be in a more populous area, look between Ft Walton and Pensacola.
0 votes Thank Flag Link Mon Feb 4, 2008
If you are looking for an affordable Daytona Beachside bungalow there are many great deals to be had !!!
The terrific bargains on fabulous Daytona beachside bungalows are perfect for primary residence and/or vacation or rental property! Most of these Daytona Beach bungalows are within walking distance of the Atlantic Ocean and the Halifax River. Walk or ride your bike to the beach!

Classic Daytona Beach Florida beach cottages are typically constructed of concrete block and include the
“classic Florida room” with terrazzo or hardwood floors and numerous other architectural “Florida charm” features including an inviting covered front porch perfect for enjoying tranquil Daytona Beach sunsets!!

There are currently 154 beachside homes and bungalows located on the Daytona Beach peninsula from Ponce Inlet , north to Ormond Beach. The prices range from 100K to 210K ,bargain prices for a home with classic Florida charm. Can’t imagine there’s better deals to be found for beachside property on the east coast of Florida. Many of these homes are lots with room for pools and gazebos!

Don’t wait for a better opportunity to buy a Daytona Beach bungalow. These 2 to 5 bedroom homes are perfect for a permanent residence, vacation home or rental property. Enjoy this friendly small town beachside atmosphere that's just a short drive to Orlando, Cape Canaveral, St. Augustine and many area attractions. Won't last!!!

Locate only an hour from Disney World and the Kennedy Space Center. Nascar racing at the Daytona International Speedway is just 15 minutes away! See the manatees at Blue Springs,DeLeon Springs. Deepsea fishing is a favorite with the Critter’s Fleet at Ponce Inlet. Watch a shuttle launch from Kennedy Space Center just an hour away.
0 votes Thank Flag Link Mon Dec 3, 2007
I would definately also agree to look at the panhandle of florida. LOTS of Nashvillians own homes in San Destin, Destin, and Pensacola Beach. San Destin is unique because it's not in the city, but it's still on the beach and most of the people who own homes there, depending on the part, are usually just vacationers as well.
0 votes Thank Flag Link Wed Aug 8, 2007
I like Florida panhandle....Pensacola and Panama City areas. Nice growth there now, but still not overwhelming for most.
Web Reference: http://www.teamlynn.com
0 votes Thank Flag Link Tue Jul 31, 2007
Bruce Lynn, Real Estate Pro in Coppell, TX
MVP'08
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PS:
that would be the GULF (west) coast of Florida.
0 votes Thank Flag Link Mon Jul 30, 2007
North Central Florida coast has some incredible opportunities, Cedar Key is one of my favorites (and, yes, I serve this area). Panhandle area (which I do not serve) is also great. I attached a link from FAR (Florida Association of REALTORs) which is fed by the MLS systems. It ain't pretty, but it will show about 90% of available listings with a generally reliable amount of accuracy. Best of luck and happy hunting!
0 votes Thank Flag Link Mon Jul 30, 2007
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