$300,000 Half Acre Lot / Pines Blue Mountain Beach / LOWEST PRICED LISTING

I live in The Pines and I love it there.

A 1/2 acre is a big property, especially for 30-A. Ideal for people who value privacy. I planned my house so that it will be added onto in the future as my needs (and cash flow) change and with lots about 120'X220' there is plenty of room to expand.

Buying property was a huge decision for me and I have never regretted the choice I made.

Hey Uncle Timmy,

Thanks for the post! We live around the corner in the Gulf View Heights neighborhood and absolutely love it too. However, like you said, the greatest thing about the Pines is half-acre lots at the beach. It's a rare thing - especially along the 30A - most are 1/4 acre or less. If we had the money, we would love to buy it ourselves.

Great little sleeper development! What a steal of a deal! I bet this want be on the market 24 hours! :roll:

Hey Flyforfun,
Thanks for the lovely comments about the lot.
Perhaps you should snatch it up yourself before someone else does :roll:

Re: $288,000 Half Acre Lot / Pines Blue Mountain Beach / LOWEST PRICED LISTING

PRICE REDUCED TO $288,000 !
Seller will consider Owner Financing

For more info, please email.

Half Acre Lot / Pines Blue Mountain Beach / LOWEST PRICED LISTING

Why the rapid decrease?

Why the rapid decrease?

Speaking from my position as 'Master of the Obvious'...I'd say the owners are trying to find the market price.


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Why the rapid decrease?

It's not [SIZE=-1]necessarily a rapid decrease as the property has been on the market for a while. The seller has always tried to be fairly priced in comparison to other available lots in the subdivision and their intention has always been to sell it. This is not a seller that is just holding out -- they really are looking to sell and the current price reflects this. So, come on someone out there -- bring us an offer! [/SIZE]

This will make for a tidy profit for the seller if they get this price.

Ya Think !

This will make for a tidy profit for the seller if they get this price.

Yes, some folks had the insight to purchase property long before the last "boom" occurred. Some will make money and some will lose money. However, please don't assume that just because something looks like an obvious gain on paper, that the seller will be making a huge profit. There are many other personal & financial situations that take place in one's life that don't allow the consumer/buyer to see the whole picture. Just because someone bought low back in the day, does not mean that if they sell, they will walk away with some jackpot. The fact remains that this is currently the best deal / lowest priced lot in the subdivision regardless of what someone may have purchased it for many years ago.

Speaking from my position as 'Master of the Obvious'...I'd say the owners are trying to find the market price.


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Yes, some folks had the insight to purchase property long before the last "boom" occurred. Some will make money and some will lose money. However, please don't assume that just because something looks like an obvious gain on paper, that the seller will be making a huge profit. There are many other personal & financial situations that take place in one's life that don't allow the consumer/buyer to see the whole picture. Just because someone bought low back in the day, does not mean that if they sell, they will walk away with some jackpot. The fact remains that this is currently the best deal / lowest priced lot in the subdivision regardless of what someone may have purchased it for many years ago.

No need to apologize for trying to make money this is still a free society....sort of. I imagine others would like a "tidy profit" as well if they had anything to sell.

No need to apologize for trying to make money this is still a free society....sort of. I imagine others would like a "tidy profit" as well if they had anything to sell.

doboy, I want to pinch you sometimes.

People want/need to sell at a specific time. It may not be the most opportune time based on market conditions, but reality is some people have to sell for personal reasons.

I don't understand the mentality of researching what someone paid for something. If you did your homework and are in the market to buy something, it shouldn't matter, and isn't anyone's business IMO if the property is priced in the market in the opinion of the buyer.

One doesn't go to a new car dealer and ask how much it cost for the manufacturer to produce the vehicle.

and no, I don't have any stake in this property being offered.

doboy, I want to pinch you sometimes.

People want/need to sell at a specific time. It may not be the most opportune time based on market conditions, but reality is some people have to sell for personal reasons.

I don't understand the mentality of researching what someone paid for something. If you did your homework and are in the market to buy something, it shouldn't matter, and isn't anyone's business IMO if the property is priced in the market in the opinion of the buyer.

One doesn't go to a new car dealer and ask how much it cost for the manufacturer to produce the vehicle.

and no, I don't have any stake in this property being offered.

Pinching is good right?

doboy, I want to pinch you sometimes.

People want/need to sell at a specific time. It may not be the most opportune time based on market conditions, but reality is some people have to sell for personal reasons.

I don't understand the mentality of researching what someone paid for something. If you did your homework and are in the market to buy something, it shouldn't matter, and isn't anyone's business IMO if the property is priced in the market in the opinion of the buyer.

One doesn't go to a new car dealer and ask how much it cost for the manufacturer to produce the vehicle.

and no, I don't have any stake in this property being offered.

Actually, researching what someone paid for a property is a very good idea before buying a piece of property. It lets you know the basis in the property and tells you how low a seller may be willing to go in negotiations.

I most definitely go to the car dealer with knowledge of what the DEALER (current owner of the asset) paid for the car before starting negotiations. Don't you??? I don't understand the analogy with the manufacturing cost of the car--that has no relevance to doboy's point. Why wouldn't you do the same (understand what the current owner of the asset paid) on a much higher dollar purchase of real estate? You would be foolish not to understand the basis in the property as well as recent sales prices for similar properties in the area.

doboy, I want to pinch you sometimes.

People want/need to sell at a specific time. It may not be the most opportune time based on market conditions, but reality is some people have to sell for personal reasons.

I don't understand the mentality of researching what someone paid for something. If you did your homework and are in the market to buy something, it shouldn't matter, and isn't anyone's business IMO if the property is priced in the market in the opinion of the buyer.

One doesn't go to a new car dealer and ask how much it cost for the manufacturer to produce the vehicle.

and no, I don't have any stake in this property being offered.

that's true, but people use the internet to search dealer cost, however incomplete and inaccurate, and proceed to make asses of themselves trying to buy cars. In addition to the cost of a lot purchased for relatively little years ago, add all the carrying costs, the opportunity cost of not investing elsewhere, the property taxes, the vacations perhaps not taken, the indulgences of the moment not enjoyed, the changed plans that take away the dream of building at the beach, and you end up with far more than that number staring back at you on public records. The number is as irrelevant as the offer you may make for the lot purchased for higher than current market value. Will you adjust your offer higher to help mitigate the loss of someone who overpaid? Why would you then use a low cost basis to try to rationalize a lowball?

that's true, but people use the internet to search dealer cost, however incomplete and inaccurate, and proceed to make asses of themselves trying to buy cars. In addition to the cost of a lot purchased for relatively little years ago, add all the carrying costs, the opportunity cost of not investing elsewhere, the property taxes, the vacations perhaps not taken, the indulgences of the moment not enjoyed, the changed plans that take away the dream of building at the beach, and you end up with far more than that number staring back at you on public records. The number is as irrelevant as the offer you may make for the lot purchased for higher than current market value. Will you adjust your offer higher to help mitigate the loss of someone who overpaid? Why would you then use a low cost basis to try to rationalize a lowball?

I like to be armed with as many facts as possible when negotiating a deal. Knowing the owners original basis in a piece of property is simply another fact I like to have in my folder when going to the negotiating table. For instance, it can tell you a little about the potential tax gain or loss the owner will take on the sale. Every tidbit of info can help me formulate an offer for a car, house, lot, business, or any other asset that is subject to negotiation.

I'm not the kind of person that pays sticker for a car or asking price for a piece of real estate unless the facts point in that direction. I get the best deal possible. But, there are plenty of folks out there that do pay sticker without doing the research necessary to know they are paying more than they need to.

In addition to the cost of a lot purchased for relatively little years ago, add all the carrying costs, the opportunity cost of not investing elsewhere, the property taxes, the vacations perhaps not taken, the indulgences of the moment not enjoyed, the changed plans that take away the dream of building at the beach, and you end up with far more than that number staring back at you on public records.

Those "costs" are not relevant to the person buying the property. Why should the buyer feel obligated to pay a premium for the seller's "vacations not taken and indulgences not enjoyed?"


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Pinching is good right?

I like to be armed with as many facts as possible when negotiating a deal. Knowing the owners original basis in a piece of property is simply another fact I like to have in my folder when going to the negotiating table. For instance, it can tell you a little about the potential tax gain or loss the owner will take on the sale. Every tidbit of info can help me formulate an offer for a car, house, lot, business, or any other asset that is subject to negotiation.

I'm not the kind of person that pays sticker for a car or asking price for a piece of real estate unless the facts point in that direction. I get the best deal possible get. But, there are plenty of folks out there that do pay sticker without doing the research necessary to know they are paying more than they need to.

No one says that someone shouldn't be a good comparison shopper.
It would be foolish not to be in any large transaction.
I think being armed with information regarding the property, area tax issues, insurance knowledge, schools, neighborhood and the like are much more valuable in formulating an offer than what someone paid for a property.
I think sellers who had a low cost basis are not desperate enough to accept low ball offers from the vultures that are circling.
If you're an end user, seeking a second home, or even a long term investment, if the price is right, and one falls in love with a property, the sellers cost basis is irrelevant.

Pinching is good right?

Verrry good.

I like to be armed with as many facts as possible when negotiating a deal. Knowing the owners original basis in a piece of property is simply another fact I like to have in my folder when going to the negotiating table. For instance, it can tell you a little about the potential tax gain or loss the owner will take on the sale. Every tidbit of info can help me formulate an offer for a car, house, lot, business, or any other asset that is subject to negotiation.

I'm not the kind of person that pays sticker for a car or asking price for a piece of real estate unless the facts point in that direction. I get the best deal possible get. But, there are plenty of folks out there that do pay sticker without doing the research necessary to know they are paying more than they need to.

If you consider buying anything war, I agree with you. If you consider that there is a life after the transaction, I disagree. If you go into a car dealership, and purchase a vehicle where the salesman earns 50 bucks, and the desk takes in not much more than holdback, I guarantee there may come a day when you'll need service, and it won't be there. You'll have to go elsewhere. Service talks to retail, and decisions are made on the value of the relationship. Today, a local Toyota dealership replaced a high labor, non-warranty item on my wife's minivan because they value my business. I bought my 1st car there over 25 years ago. I want the retail guys to make something, because I want to be welcome there. You may take the short view, and that's fine. Most people conduct themselves accordingly. It's why the Yellow Pages have lots o' lawyers. Regarding real estate, there is a life in the community you buy into. You can take someone to the mat who is down on their financial luck, and I'll bet you'll see them again just when you least expect it. Having cost basis info is not a license to act like just the person you don't want residing next door, nor does it mean you pay up. It's your call, but one day you may be on the other side looking up. I, for one, think price is but one component of the deal. It's also about what you're buying, the use of said item, and when you buy it. I don't think the real estate mantra is price,price, price is it?

Those "costs" are not relevant to the person buying the property. Why should the buyer feel obligated to pay a premium for the seller's "vacations not taken and indulgences not enjoyed?"


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If your foolish enough to think the cost for the parcel is the only thing the owner's rolling through his head while you're lowballing him/her, you're kidding no one but yourself.