At $650K for a 1979 waterfront condo, you're paying above the current median condo price ($375–$413K) in a market where condo values just dropped 7.4% year-over-year—largely due to buyers factoring in big-ticket reserve studies and special assessments on aging buildings. The real question is whether this unit's private pool and direct waterfront location justify the premium, especially given Windrush's 1979 construction year, when you'll want to dig into the reserve fund status and recent inspection reports to understand what's already been addressed versus what's looming. The demographic here skews retired (median age 59.8), which typically means slower appreciation and a narrower resale pool, so liquidity could be a consideration down the road.

AI-generated insight based on listing data and neighborhood context. Verify independently.