Sea Isle City Market update

10/31/2016

With the arrival of the fall season, many of the homes that were put under contract shortly after the summer are now going to settlement and establishing the current market values. I have continued to see a slow increase in values since the spring when another surge of homes settled on the island.
This is also the time of year when we find out what properties will be developed over the winter and available for next summer. I personally have 5 new construction development projects that are underway. These projects range from the beach block to the mid-island and back on the meadows with views. Not all of the projects have hit the open market for sale yet, so please contact me if you have any interest in learning more.

Since my last update
46 units have sold, 45 units have been placed under contract  and 80 have come on the market for sale.

  • Dustin’s Sale Listing- Be sure to check out the video tours!
    140 93rd – This top floor unit offers more living space than most would expect. With an open layout, plenty of windows and sliders and views of the ocean and bay, this is a great Townsend’s Inlet getaway! The location provides for less than a block walk to the beach with no streets to cross! Asking $475,000 VIDEO TOUR: https://www.youtube.com/watch?v=RxDMMH3poOo
  • 5517 Sounds – This bayfront with a newly rebuilt boatslip offers a lifestyle that is second to none. Wake up to the morning meadow views. Enjoy the day on the boat or on the beach. Better yet, take your boat to a sand bar. Unwind at the end of each day to the priceless sunset views! There is also parking for 6 cars. In addition to unparalleled views, a recent price reduction make this the lowest priced bayfront side by side on the island! Asking $579,000 VIDEO TOUR: https://www.youtube.com/watch?v=3s3R3uFAK-4
  • 5508 Central – This is the seller’s primary residence and it is in picture perfect condition! No work will be needed for you to enjoy this spectacular house, just move in and start making memories of your own. Upgrades to the house include new stainless steel appliances, hardwood floors, granite kitchen counters, a rear patio and more! Asking $695,000 VIDEO TOUR: https://www.youtube.com/watch?v=_oo1l6m7yhE
  • 24 68th – Introducing an excellent opportunity to invest in an oversized townhouse located less than a block from the beach. The unique characteristics offered include a full garage and a large, well landscaped back yard that is prepped for an outdoor hot tub or outdoor kitchen. Inside you will be greeted with large bedrooms, renovated bath rooms, a renovated kitchen and hardwood floors. This house has an extensive rental history and will prove to be an excellent investment opportunity or endless potential as a family vacation home. Asking $749,900 VIDEO TOUR: https://www.youtube.com/watch?v=ObuY_pT62Mw
  • 221 36th – This location offers peace and tranquility from the panoramic views of the meadows. Upgrades to the home include 4 decks, the two meadow side decks are oversized and feature glass panels making it easy to watch all of the wildlife that this unique lot has to offer. Other upgrades include a shaft for the future addition of an elevator, the third floor HVAC placed in the attic, 12’ slider in the living room, hardwood floors throughout, granite kitchen counters and more! Most of the neighborhood is comprised of residents who do not rent. With completion scheduled for Spring 2017, this allows the option for the buyers to get in early and make their selections. Asking $899,000 VIDEO TOUR: https://www.youtube.com/watch?v=QUgvbKItjXI