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Ocean’s Edge At Jacksonville Beach Looks Forward To Continued Sales Success In 2012
Posted January 26, 2012
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JACKSONVILLE BEACH, Fla. - Ocean's Edge, located one block from the Atlantic Ocean in south Jacksonville Beach, achieved the highest number of new sales for any condominium community in the Northeast Florida region including Clay, Duval, Nassau and St. Johns counties.
As of December 31, 2011, Ocean's Edge has sold and closed 34 new beach condominiums, the highest number of new condominiums sold in any condominium community in the four counties listed above. Also in 2011, Ocean's Edge captured more than 40 percent of the total beaches market (Atlantic Beach, Neptune Beach, Jacksonville Beach and Ponte Vedra Beach) for condominiums priced $150,000 to $300,000, according to Multiple Listing Services (MLS) data.
"Homebuyers recognize the value of this outstanding community," said Victoria (Vikki) Robbins of Victoria Robbins Realty, Inc., the real estate company responsible for sales at Ocean's Edge. "We offer phenomenal pricing, financing options for virtually every buyer, and we have maintained our market value and pricing since we took over sales for the community in 2009. The enormous sales success of the community is a reflection of our commitment to current and future residents."
Ocean's Edge, which is owned by Denver-based Condo Capital Solutions LLC, is more than 70 percent sold out. The community appeals to all types of buyers, including first-time homebuyers, retirees and multi-generational families. Residents currently in the community range from newlyweds to buyers purchasing vacation or second homes.
The community has the distinction of being approved for both Federal Housing Administration (FHA) and Fannie Mae (FNMA) conventional mortgages, making it possible for qualified buyers to obtain low down payment, fixed-rate mortgages at competitive rates. In addition to these financing programs and having a very desirable property, amenities and location just steps from the beach, the sales team at Ocean's Edge utilizes a unique sales strategy - they do not negotiate on pricing.
"We made a commitment to our owners and buyers when we first opened for sales in late 2009 that we would not negotiate price and, as a result, we have never had low appraisals," Robbins said. "This is very unusual in our current economic climate."
Non-negotiable pricing makes the sales process much easier for prospective buyers, who do not want to think that another buyer might get a better deal than they did. It also takes the guess work out of appraisals. Robbins said it is easy to support this position by showing prospective buyers MLS printouts which clearly list asking price and closed price for each of the condominiums sold.
"Our community has enjoyed tremendous sales results and we fully expect that success to continue in 2012," Robbins said. "We simply offer one of the best values at the beach as demonstrated by our 2011 market share."
Ocean's Edge offers one-, two- and three-bedroom residences ranging in price from $161,000 to $259,000. The community's seaside-inspired designs feature gourmet kitchens, granite countertops, abundant natural lighting, all appliances including a full-size Whirlpool washer and dryer, and faux wood window blinds. In addition to the community's naturally beautiful setting, residents enjoy numerous amenities including a state-of-the-art fitness center, resort-style pool, poolside outdoor grill, summer kitchen, and private putting green.
Ocean's Edge is located in south Jacksonville Beach steps from the beach and a short walk to local dining, nightlife and retail venues. The community is less than one mile from J. Turner Butler Boulevard, providing quick access to the many professional, cultural and recreational opportunities offered throughout Northeast Florida.
To tour the available homes at Ocean's Edge and model homes in the community, call (904) 247-9052 or visit online at www.oceansedgeliving.com.
About Victoria Robbins Realty, Inc.
Founded in 1983, Victoria Robbins Realty, Inc. specializes in marketing Florida waterfront, equestrian and bank-owned properties. This specialized approach has earned the company a reputation for finding the most unique residential lots and homes in the Northeast Florida area. For more information about Victoria Robbins Realty, visit www.robbinsrealty.net.
About Condo Capital Solutions
Headquartered in Louisville, Colo., Condo Capital Solutions provides successful work-outs for condo projects and/or condo loans. The company offers a combination of strategic vision, more than $100 million of capital and an experienced team of condo professionals and partners who have profitably sponsored condo projects for more than 10 years. For more information about Condo Capital Solutions, visit www.condosolutions.biz.
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