At $309K, you're below the current median condo price of $375–$412K, which is appealing on the surface, but that $278/sqft price tag reflects the reality that this 1998 unit is competing in a market where older condos are getting dinged for looming reserve studies and special assessments—especially in a community with a median age of nearly 60. The waterfront location and private pool are genuine draws, but you'll want a thorough inspection of the building's structural condition and a hard look at what's in the capital reserves, since the recent 7% year-over-year dip in condo prices suggests buyers are increasingly cautious about hidden costs on aging oceanside properties.

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