Thinking about buying an Ocean View South Florida Condo? Buyer
beware, there are several very important things to look for. Most of the South
Ocean Blvd. Condos units were built in the 1970’s-1980’s. so look first look if
the condo’s kitchen and bathrooms have been up-dated. Next has the condo
building been up-dated? Have there been several special assessments? If yes
that may be a good thing, especially if the current owner has already paid
them. And if they have paid for overall improvements to the building. Next, what
do they Condo Associations Financials look like? How much are they holding in reserve?
What percentage of condos are investment and or rentals? What is the minimum rental
time? How many times per year can you rent? Even if you plan on using the condo
3 months per year and not renting it out. Plans do change, and you may want to
rent the condo in the future. Seasonal Furnished rentals go for good money.
To get the best bang for your money look for units that have been
up-dated, including the building itself. Look for units were special
assessments have already been paid. Of course most important is if you like the
condo and the amenities the building has to offer.
If you are in the market please feel free to view my feature listing at http://WaterViewCondoPB.com
Karl R Schulz
Broker Owner
561-379-7881
