Orange Beach and Gulf Shores Condo Trends

Abaco Pre-Construction

  

GULF SHORES LIKE YOU’VE
NEVER SEEN IT BEFORE.

Modern Luxury Beachfront Living

Abaco is pleased to announce one of the newest state-of-the-art gulf-front developments in Gulf Shores in the last decade!

Abaco is the only condominium in Gulf Shores to offer a gated community, climate controlled corridors leading to each unit, and a pool oasis complete with a lazy river . Buyers are eagerly anticipating these tower residences featuring contemporary architecture, modern amenities and technology, quality construction and unrivaled beach views. .

With only 78 units, Abaco features one-of-a-kind, climate-controlled walkways and elevators with north views of a beautiful body of water known as Little Lagoon. The 5th floor gulf-front Grand Parlor showcases a gathering area for owners including a Catering Kitchen and Bar, a Theater Room, a Gulf-Front Fitness Center with His and Hers Restrooms / Showers, Sauna and Steam Rooms.

The stunning pool oasis that includes everything from fountains to a lazy river is one of the more innovative designs in all of Gulf Shores. Abaco is everything an owner could desire for today’s beachfront living.

Residents will enjoy the gated community, yet be within a short walk of local restaurants, live music venues and family activities right in the heart of Gulf Shores.

Please Contact Seamitchell.com for more details and availability. Click here for the Pre-Construction PDF

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Junonia Beach Resort in Orange Beach Al.

PreConstruction in Orange Beach

Junonia Beach Resort in Orange Beach

Junonia Beach Resort is a new condo project in Orange Beach Alabama which will have 97 units with 3 and 4 bedroom condos. The complex is located in the heart of Orange Beach with walking distance to shopping and retail. The Developer has released the condos for sale and expects to sell out by the end of the year. Contact SeaMitchell Realty for complete details and floor plans, we can answer your questions and  reserve your condo Today!

Junonia Beach Resort by Seamitchell

For complete details, floor planavailable units just contact us at www.Seamitchell.com 

Sea You at The Beach!!!

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Gulf Coast Condo Sales

The Gulf Coast Market Report:

Baldwin County condo sales, which include condos along the Gulf Coast, improved 28.3 percent in September from the same period a year earlier. Through the month of September (YTD), condo sales are up 9.3 percent compared to 2012.

Click here to view or print the entire monthly report compliments of the ACRE Corporate Cabinet.
Historical Sales.jpgView full sizeBaldwin County condo sales up 28% in September. Inventory now down 55% from its September 2008 peak. Infograph courtesy of ACRE. All rights reserved.
Supply: Baldwin County condo inventory totaled 974 units, a decrease of 1.9 percent from September 2012. The level increased by 12 units or 1.2 percent from the prior month.  Historical data indicates that September inventory on average (Â?2008-2012) decreases from the month of August by 3.9%. Condo inventory during the month of September peaked in 2008 at 2,145 units. The inventory is now down 54.6% from the peak. In September, the months of condo supply stood at 8.3 months, a decrease of 23.5 percent from 10.8 months last September. In September 2008, it was 37.6 months of supply. This is the most balanced...

Caribe Resort in Orange Beach

Caribe Resort in Orange Beach

 

Caribe Resort is a spacious Caribbean style resort located in Orange Beach. 

You can also enjoy floor to ceiling views of Perdido Bay and the Perdido Pass from the balconies. Other unique unit features include granite countertops in kitchen and baths, designer stainless steel appliances, a wet bar with wine cooler and ice maker, a full-sized washer/dryer, high-speed wireless Internet access, and much more.

Certainly, Caribe's onsite amenities are world class:

Between the 'C' and 'D' towers is a zero-entry, three-tier pool with three tubular water slides and two hot tubs.'Kids of all ages' will be lined up to shoot down these slides. 

On the upper-deck, you will find a three-tier pool AND SIT BACK on an inner tube and relax as you float along our 980 foot long lazy river. Located on the upper-deck, our 18 inch deep lazy river has jets that push you along the lush landscaping and beautiful views of the Gulf of Mexico. Around the lazy river is a large sundeck, perfect for sunbathing or gathering with your family and friends. 

Each tower has a heated indoor pool and hot tub. The 'C' and 'D' indoor pools feature a kid-size water slide.

State-of-the-art fitness centers, one in each tower. Workout rooms feature cardio machines with televisions, top of the line strength training equipment and free weights, all with a view of an adjacent indoor pool. 

Practice your backhand on one of three complimentary, well-lit tennis courts. Tennis racquets and balls are available at Caribe Realty's on-site front desk.

Upon entering our lush, landscaped entrance, you can't miss our 10,000 sq. ft. Tiff Eagle, manicured...

Real Estate Supply and Demand

For some time now, there has been a general feeling in the condo market in Gulf Shores and Orange Beach, that things are on the road to recovery.  We have seen fewer and fewer foreclosures, sellers standing firm on their prices, and little by little, prices going up.  

Supply and Demand is a basic economic principal. The price of a product (a condominium unit) is determined by a balance between production (or in our case Availability) of a product, and the desires of those with purchasing power.

The ACRE division of the University of Alabama just published the May Condo Report for Baldwin County, Alabama.  You may view it here: baldwin_county_condos_April_2013.pdf  It is pretty clear to see, after reviewing the report that the majority of the indicators show improvement over the past several years.  You will notice that the Average Price and Median Price for condos has dropped a good bit since May of 2012.  I wouldn't let this worry you.  One of the largest condo complexes in our area Turquoise Place in Orange Beach, sold 106 units in 2012 at a cumulitive price in excess of 118 million dollars.  I have to say, it skewed the numbers a bit.  

If you are an investor, looking for a steal, we might still be able to find you one.  A great deal will be easier to find, and there are still opportunities for positive cash flow investments here at the beach.  Rentals are breaking records left and right this year, and if you buy now, you can still take advantage of a good portion of the rental season.

If you are a seller and you have been waiting patiently (or not so patiently) while the "fire sales" ran their course, now would be a great time to get back into the market.  Because of the decreased inventory, you may be able to be the only (name the size of your condo)...

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