Mackin Realty - Island Specialist - Palm Island Real Estate - Don Pedro Island
 
 
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Michael Saunders & Company – Licensed Real Estate Broker
Palm Island and Don Pedro Island Real Estate

Palm Island and Don Pedro Island have shown dramatic increases in property value over the last six years. In 1999, inventory on the island was low while demand for island property was rising, driving up prices. The value of property is never determined by the realtor, the buyer, or the seller. It is determined by the supply and demand in the marketplace.

This quiet barrier island is a specialty real estate market. With the predominance of over-development in most of coastal Florida, both east and west, interest in property on the island just keeps growing. Beach front property is limited, and there can never be more natural landscape than what already exists. The supply will never rise, keeping this a worthwhile investment.

With no commercial development, no bridge, no high rises, just quiet beaches and sandy roads, this island is so unique from other barrier islands. At this time, just single family residential, low density homes are permitted on the island. And, property on the island is still less expensive than property on the islands both to the north and to the south.

In 1999, a typical beach front vacant property was selling for under $200,000 a parcel. Today, these same parcels are in the $1,000,000 plus category. Bay front vacant property in 1999 sold for $65,000 in dramatic contrast to the $500,000 plus selling price of today.

This island was a well hidden Florida treasure for many years, and is just now becoming a great discovery. For the past several years, there has been an influx of people relocating to the west coast of Florida. There has also been an influx of people wishing to purchase second beach cottages. And because of this recent interest, prices have maintained an upward movement from have built steadily on a strong foundation of previous sales.

Not interested in living here full time? Seasonal homes can also be used to generate rental income. Island vacation homes make great island vacation rentals. With resort availability on the island, and Mackin's history and knowledge in the rental and travel industries, it becomes an easy decision. Visit our rentals section and live that vacation yourself before making the choice of a lifetime.

With readily available staff and full MLS listings here for you, you can see why the demand is so high for yourself and why Kevin Mackin is the best choice for your west coast Florida dream.

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Michael Saunders & Company – Licensed Real Estate Broker – Palm Island Real Estate

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.