The Plantation Point development in Rockledge Florida consists of homes built primarily around 2004 and 2005. These homes were being constructed during the "hot market" before the big drop! A lot of these homes were purchased at prices higher than the current market and now the prices have dropped and become really attractive!
There are 9 properties listed for sale at this time. The 4 lowest priced properties are now listed as short sales. A short sale is a situation where the probable selling price will be less than the mortgage owed. As a result the sale will be contingent on the lender's approval. A short sale does present opportunities but these transactions can take a much longer time to close!
The lowest priced home in this subdivision is a 4 bedroom 3 bath 1986 sq ft home priced at $239,900. Another interesting short sale is a 4 bedroom 3 bath 3 car garage 2500+ sq ft home at $259,000.
[With the competition from short sales so keen the other properties must compete - if they want to sell!]
If you would like information on any Rockledge or Viera homes for sale, please feel free to contact me. I can be reached at 321-693-3850 or by email to email@example.com.
Gary Waters, Florida licensed real estate agent, Waters Realty of Brevard, Melbourne, Florida.