Pensacola condo? | FerrariChat

Pensacola condo?

Discussion in 'Florida' started by PSTexas, Aug 9, 2013.

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  1. PSTexas

    PSTexas Formula Junior
    Rossa Subscribed

    Feb 18, 2008
    535
    Southlake TX
    Full Name:
    Paul
    Looking at one - Pensacola beach.
    Any local insight on the prices of these? One I am looking at is 40% of the original sales price.

    Would love some opinions on the area.
    Thanks!
     
  2. kevfla

    kevfla Formula 3

    Nov 20, 2003
    2,086
    Full Name:
    gone 4 good
    Look into the cost of homeowners insurance on a theoretical 3rd or 4th-floor 2/2 condo. Might be eye-opening! Are you paying cash or financing it? More leeway without a lender being involved. Pensacola, being a Navy town on the Gulf of Mexico, probably has a high percentage of military retirees...whom are typically condo buyers. Could be a real smart investment on your part...

    KevFla
     
  3. cheesey

    cheesey Formula 3

    Jun 23, 2011
    1,921
    great area...it does have a cool season being as far north as it is, which is a great time of year to do outside things ( non beach ) with the heat turned down a bit ... Ferrari have a nice presence there as well, the community is not intense with tourism, yet plenty of things to do
     

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