Own the View—And the Income: A Performing Condo at Silver Dunes
Posted by The Morar Group on
Own the View—And the Income: A Performing Condo at Silver Dunes
In the height of 2020 and 2021, the second-home market experienced a surge unlike anything we had seen before. Along Florida’s Emerald Coast, vacation home sales accelerated rapidly, driven by historically low mortgage rates, a sudden shift toward remote work ,and the renewed importance of lifestyle. Properties moved swiftly, often above asking, and the demand for rental-ready homes was nearly insatiable.
Today, we are operating in a very different environment.
Gross rental figures reached their peak during the early post-pandemic years, but nightly rates and booking volume have since stabilized. Meanwhile, many properties remain priced with 2022 expectations, creating a disconnect…
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