Crescent Beach is at the southern portion of St. Augustine Beach, approximately six miles south. This uncrowded slice of real estate paradise is situated between the intracoastal waterway and Atlantic Ocean and boasts a population of less than two-thousand residents. The oceanfront beach community largely consists of private residences, condos and vacation rentals. A1A divides beachfront condominiums from the private residences. The majority of condominiums located on the west side of A1A tend to cater to long-term or permanent residents while the oceanfront condos are more often occupied by short-term vacationers and renters. Not unlike that of St. Augustine Beach, the community is mindful of urban sprawl and implemented building restrictions making certain no construction projects such as skyscrapers or high-rise condos mar the breathtaking views of the beach renown for its views and majestic sunrises. The result is miles of unspoiled, spacious beaches with plenty of activities lending to a quality of life desired by many. Demand for condos on Crescent Beach remains steady. For example, Landmark realtor Jason Neely reported, "While many of the areas here are built up, we have a healthy inventory of condominiums which translates into the perfect opportunity for buyers. There are tremendous values to be had in and around the St. Augustine area beaches right now with prices adjusted accordingly." Neely was quick to illustrate such a glut of condo and vacation rental inventories are cyclical. For example, until recently condo units at Crescent Sandpiper, one of Crescent Beach's first condominium projects constructed in the seventies, rarely had vacancies but for the last year or so, "available vacancies can translate into excellent investment opportunities. The area is growing again," said Neely. "Quality beach property investments usually always provide positive returns," he added. The majority of construction in Crescent Beach began in 1979 and continued through the eighties and nineties at a feverish pace. Although much of the area is now built out and most of the land developed, established condo developments such as Atlantic East, Summerhouse, Barefoot Trace, Crescent Sandpiper, Windjammer and Tradewinds cater to both residents and vacationers year round in this idyllic beachfront community. Strong demand for condos and rental properties over the past few years led to an increase in prices nationwide, especially in desirable vacation destinations and popular beach communities throughout the state, yet the estimated median value for the average Crescent Beach condo remains a bargain compared to other waterfront communities throughout Florida. And despite the rising demand for condos and vacation rentals in Crescent Beach, the community's vacancy rate is just 68%, including seasonal lodging. The current real estate climate makes now the perfect time to find and purchase your dream condominium as a primary or seasonal residence or as a vacation rental investment. CondoCompany.com, the Internet's primary online informational condominium source can assist in locating the ideal condo or vacation rental conducive to your family's wants and requirements. Searching for the perfect beach getaway without the crowds? Search no more. CondoCompany.com, the Web's primary source of condo and vacation rental information is your number one portal for online condo-related information.
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