With all the talk about the outlook for condominium sales in 2012, it is worth noting that there is a condominium sales leader right here in Northeast Florida.
Ocean’s Edge, located one block from the Atlantic Ocean in south Jacksonville Beach, achieved the highest number of new sales for any condominium community in the Northeast Florida region including Clay, Duval, Nassau and St. Johns counties.
As of December 31, 2011, Ocean’s Edge has sold and closed 34 new beach condominiums, the highest number of new condominiums sold in any condominium community in the four counties listed above. Also in 2011, Ocean’s Edge captured more than 40 percent of the total beaches market (Atlantic Beach, Neptune Beach, Jacksonville Beach and Ponte Vedra Beach) for condominiums priced $150,000 to $300,000, according to Multiple Listing Services (MLS) data.
“Homebuyers recognize the value of this outstanding community,” said Victoria (Vikki) Robbins of Victoria Robbins Realty, Inc., the real estate company responsible for sales at Ocean’s Edge.
Ocean’s Edge, which is owned by Denver-based Condo Capital Solutions LLC, is more than 70 percent sold out. The community appeals to all types of buyers, including first-time homebuyers, retirees and multi-generational families. Residents currently in the community range from newlyweds to buyers purchasing vacation or second homes.
The community has the distinction of being approved for both Federal Housing Administration (FHA) and Fannie Mae (FNMA) conventional mortgages, making it possible for qualified buyers to obtain low down payment, fixed-rate mortgages at competitive rates. In addition to these financing programs and having a very desirable property, amenities and location just steps from the beach. Ocean’s Edge offers one-, two- and three-bedroom residences ranging in price from $161,000 to $259,000.
More information is available here. Congratulations to Ocean’s Edge. We look forward to hearing about its continued success this year.
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