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florida girl

Beach Fanatic
Feb 3, 2006
1,453
67
Santa Rosa Beach
I fail to understand how the very few businesses left in Redfish keep the whole thing open! Seems that who ever is managing the place needs to adjust the rents or something. So many closed doors!
 

SHELLY

SoWal Insider
Jun 13, 2005
5,763
803
I fail to understand how the very few businesses left in Redfish keep the whole thing open! Seems that who ever is managing the place needs to adjust the rents or something. So many closed doors!

Whomever is holding the commercial loan on Redfish probably needs to make the monthly nut too--lowering the rents won't help do it; keeping the rents at the same rate isn't doing it; raising the rents certainly won't do it...same story that's happening with commerical RE loans across the nation. That "thud" you're hearing is the next shoe dropping.

.
 

Just Curious

Beach Fanatic
Apr 22, 2009
316
80
The problem is you can't see anything in the place. Their vegetation buffer(required) looks good, but hard to see through.
 

passin thru

Beach Fanatic
Jun 12, 2007
343
126
30a Resorts has just listed the former PJ's space for sale ... it's a commercial condominium space, including all the fixtures, available at an extremely attractive price.

Please PM me for details if you're interested.
 
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