St. Augustine is not the only area of the First Coast to experience a major transformation. St. Augustine Beach, a mere stone's throw from the mainland is fast becoming a favorite of those seeking the "daily-vacation" lifestyle. Luxury waterfront homes and beachfront condominium properties nestled neatly in a tranquil environment coupled with the modern amenities one expects to find only in the larger metropolitan areas make this locale a most excellent place to vacation or call home. Building restrictions (a maximum of four stories) on condominiums and vacation rentals preserve not only the community's small town charm and quaintness, but its aesthetic qualities. The approach is a strong draw for those seeking quality real estate investment opportunities amid miles of spacious and unspoiled beaches. Pet-friendly beaches, excellent fishing opportunities, majestic sunrises, easy access to entertainment, dining, schools and medical facilities make St. Augustine Beach, with its unrivaled vistas, one of the most sought after vacation destinations on the east coast of Florida. The area offers a high quality beach lifestyle yet allow residents easy access and unfettered commute to larger metropolitan areas located on the mainland. Such attributes make for an attractive draw for investors seeking unsurpassed real estate opportunities, especially as the demand for condominium and vacation rentals continue to climb. The current real estate climate is contributing to a large number of developers and builders slashing prices and offering buyer incentives unheard of just a few short years ago. Such a trend results in additional purchasing power for consumers as noted by CondoCompany.com, the Internet's leading portal regarding condominium and vacation rental information. As a tourist destination, Florida real estate historically bucks the national trend. Hank Fishkind is one of Florida's leading economic forecasting consultants. He maintains the area will continue to grow and that the state's housing market bottomed out in the Spring of 2007 and not only recovering, but thriving. "It is also important to note that Florida's housing markets, outside of Miami's condo market, have hit bottom months ago. The closing volume for new and for existing homes has stabilized. Population growth is holding up well as the state continues to attract large volumes of retirees and working families looking for jobs," said Fishkind. Developers of condo resorts on St. Augustine Beach such as the gated, upscale Seaside Anastasia, selected the area for its beauty and respite from traffic and bustle. The condos are strategically located within walking distance of the public pier, the farmer's market, senior center and Anastasia State Park Beach yet offer residents secure and private beachfront living. Offering a mild climate year round, numerable recreational opportunities, southern hospitality at its finest and unrivaled lodging accommodations year round, St. Augustine Beach makes for a magnificent permanent or vacation location. Find the accommodations you deserve with CondoCompany.com, the Internet and St. Augustine's primary source for the latest and up-to-date information regarding condo and vacation sales, rentals and purchases.
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