Developer Makes Major Push to Unload Their Unsold 56 Condos

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   With the prices of the foreclosed and short sale units in the 50% +/- of original sale price area you might wonder what the 56 unsold units are going for and how they are being marketed.

   Below is the current advertisement for them via Pelican Realty.  If you are an owner here and want to sell then you are in competition with the Developer and now their prices have come down quite a lot from what they were previously.  At their old prices they would not have sold, at these prices they just might. 
 
   As you see below there have been substantial drops in price with the 2/2's going for 42% of original sale price, 3/2's at 45% and the 4/3's at 47% of original sale prices.

That is bad news for Owners as most of us would not want to match these prices.


 
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Nautilus Cove, Location: Panama City Beach
Affordable living, 168 Units featuring 2, 3, and 4 Bedroom Condominiums.

There is only 56 units left.
Visit the Nautilus Cove Web Site: (http://panamavr.com/nautiluscove)

Click here to view map:
https://maps.google.com/maps?hl=en&q=%22Panama+City+Beach

Description:  168 Units Featuring 2, 3 and 4 Bedroom Condominiums.

Prices start:
$65,900 for 2 Bedroom,
$79,900 for 3 Bedroom,
$89,900 for 4 Bedroom.

Questions?  If you have a question or would like more information about Nautilus Cove, please contact Robert Stalvey at 1-850-319-4409

Take a look at their web site at:   http://www.pelicanproperty.com/developments_details.php?id=56&TB_iframe=true&height=520&width=970