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Jims5543 Jims5543 is offline
I'm with Bill
 
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Join Date: Feb 2005
Location: Jensen Beach, FL
Posts: 13,028
I bid on construction services on a cool condo project here.

It is called an Auto Vault. Pre-construction sales price was 190k per unit. Condo fee was 100 a month. About 50 units were built. 20' ceilings inside, you could build a loft / man cave and not lose any floor space.

I had a contract in had to buy a unit and then Covid hit. I backed out.

My friend pushed forward and bought two units @ 190K each. He just sold them both for 250k each. Not a bad profit in 1 year.

The place sold out during the pre-construction sale.

It was so wildly successful they purchased 2 more sites and are developing them now in the next 2 towns to the north of me.

https://jensenbeachautovault.com/

Down in Palm Beach County there is a really nice one. Actually there are several now.

https://thehangargroup.com/


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Old 12-24-2021, 08:18 AM
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