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Real Estate

“You can only buy the view once.”

You need to have local knowledge of the marketplace BEFORE you purchase. (Many owners come to us AFTER they have made a purchase that will not generate the revenue they expected.)

Things you need to know.

  • Complex rental restrictions.
  • How much annual revenue will this property likely generate?
  • How much are the monthly dues?
  • Does the association have an application and fee to rent a unit?
  • Is the association rental friendly?
  • Are there any municipal laws restricting rentals?
  • As a general rule, you want to purchase a rental unit that will produce 10% of the purchase price in gross rental income (e.g. a $600,000 condo should produce $60,000 in rentals).

Things that you DON’T need to know.

  • What is the annual occupancy rate?
    • Ask us why this does not matter.

“Fixing up a unit with a bad view costs the same as fixing up a unit with a spectacular view.”

What We Do

Help and Guide you every step of the way with expert advice and counsel. Many of our owners have more than one investment property. If you are successful, we are successful. In fact, many of our owners go on to purchase another investment property in our top tourist destination with its award-winning beaches.

Greg Mallare, our real estate advisor, can help you find the investment property or vacation home that best suits your needs. Our Florida Gulf Coast homes for sale range from small condos to luxury properties. Let us help you find a vacation property that will not only be a great place to enjoy but could also pay for itself.

Contact

Greg Mallare

727.492.1336

Greg@TeemingVR.com

About Greg

Greg is a current resident of Indian Shores and has lived there for over 20 years. He enjoys an active lifestyle by taking advantage of where he lives. He enjoys running, biking, and all water sports. Greg also serves as the President of Pipers Run Condominium Association in Indian Shores, FL. He is heavily involved in community organizations, both charitable and civic. Greg regularly participates and competes at marathon running and local triathlon events.

Broker: Coastal Properties Group – Christie’s International Real Estate