Do I have to Eat My Words?

Back in March I wrote an entry about another new townhome development near the Atlantic Ocean just east of the Casa Marina are CLICK HERE to see what I said then.

The project is out of the ground and two of the buildings have been erected. Pics of the proposed development and the actual buildings are at the right. There is a noticeable difference between the proposal and the "as is". Now I understand the buildings are not complete. For example, the roofs have not been installed. "What?" you ask. That's right. These buildings are modular construction. They were made elsewhere and transported here and placed on concrete piers. The roofs will be installed later along with the balconies, etc.

The townhomes are like many of the new developments I have written about as far as planned amenities such as crown molding and individual pools. But if you look closely you will see that the "pool" is also preformed fiberglass. That is not the same as an in-ground poured pool in my opinion.

I was dismayed when I went by the development yesterday. We have not had any rain in about two weeks, but there is standing water at the far west side of the development. The area is known for flooding, but the city has spent a lot of money to create drains and injection lessen the problem. The standing water means trouble to me. There may be an explanation. I hope so.

It looks like about 1 1/2 blocks have been cleared to make way for this development. I does not look like the developer is going any further than the first two buildings. At least at this point.

I do not see the value in these townhomes. In fact, they look more like an urban "project" than a luxury townhome development near the ocean.

I also added a pic (bottom right) of another modular home being erected on James Street near the Historic Seaport. The building was put in place about two months ago and little has happened to the exterior since. The builder owns the adjacent lot and has poured piers for another house.

So far, I am not impressed with either of these modular projects.

I may have to eat my words for suggesting that the townhome project looks promising. As of now, it does not. Nor does the single family home on James Street. For the sake of the builders, I hope that both projects turn out okay. Time will tell.

As always, I would like to be your Realtor. Please give me a call and let me help you find your home in Paradise. 1-305-766-2642. Thanks.