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Ocean’s Edge Condominiums Captures 25 Percent Market Share in 2010

February 15th, 2011 · Leave a Comment

Ocean’s Edge, located one block from the Atlantic Ocean in South Jacksonville Beach, announced its 2010 sales transactions totaling $5,523,000.  In 2010, according to Multiple Listing Service data, Ocean’s Edge’s was able to capture more than 25 percent of the total beaches condominium market spanning the area from south Atlantic Beach to north Ponte Vedra Beach for condominium homes priced $150,000 to $500,000.

In addition to its attractive pricing starting at $161,000, Ocean’s Edge also has the distinction of maintaining both Federal Housing Administration (FHA) project approval and being the only condominium community at the beaches with Fannie Mae project approval, making it possible for qualified buyers to obtain low down payment, fixed-rate mortgages at competitive rates. Having these approvals, along with consistent appraisal values throughout 2010, are key reasons Ocean’s Edge has been able to capture and maintain such a high percentage of the condominium market share at the beaches.

For many buyers, the price point and financing options would be enough, but Ocean’s Edge is also located within walking distance of the beautiful Jacksonville beaches.  Homes at Ocean’s Edge reflect the surrounding coastal landscape with abundant natural light in all rooms and modern finishes throughout.

The first-rate amenities and activities at Ocean’s Edge’s include a beautiful new clubhouse, state-of-the-art fitness center, resort-style pool and lagoon, poolside outdoor grill and summer kitchen, lake with observation deck, and private putting green. Residents can also venture outside Ocean’s Edge and walk to local dining, nightlife and retail venues.

More information about Ocean’s Edge is available at www.oceansedgeliving.com/.

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