Friends of ours just spent a week looking at property in FL. They looked at 60 condos and never found one that fit their needs which would be for full time residency. The reason they couldn't find anything that suited them was that nearly every condo they looked at was built for short term rental. They had small closets and very little if any storage. Fine if you are renting it for a week or two but not so great if you are actually living there year round. If you are looking at developing that might be worth noting/doing more research on. All depends on the type of occupant you are hoping to attract: short term vs long term.
From what I gather, there are hundreds/thousands of vacant condos available.
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