I usually shop at the last minute with Peterson and can grab an empty week for 1200-2500 beachfront home or stand alone townhouse right on the beach facing the gulf.
I'm self employed so I can be very flexible.
I saw a home in called San Souci in July on a cul de sac near Luna del Mar (right before that state preserve overrun with homosexuals)...a big modern wooden structure on a high dune....I might pay the big bucks to get that one...we really liked it.
but....young folks who I guess inherited money or are married doctors buy these 2-4 million dollar beachfront homes and still rent them for say 4-5K/week. Even if you rent them for all summer and then half rent for the rest....no way can you make the nut on a 2 million dollar 20-30 year mortgage and agent fees and taxes and upkeep.
baffles me.
I can rent "caddillac" property down there for 2-4 weeks a year for 40 years and never dent that kind of expense.
I've seen folks at Perdido and San Destin buy 3 bedroom condos in 88 for 150K and today they are worth 750K minimum.
Sweet for them
Our family mountain top digs at Grandfather Mt has about quadrupled since 84 as well.
It's much harder to find economic vacation digs....maybe some inland lakes ...Possum Kingdom?
It's much harder to find economic vacation digs....maybe some inland lakes ...Possum Kingdom?
Mexico Beach rentals are more economic. I hear that's the "new frontier".