In an email from an agent, regarding White Shells (a development in the middle of nowhere):
"With this in mind, in the last 6 months we have reduced the prices of many White Shell apartments to meet the current market. Now is the perfect time to secure your dream beachfront property. For a snapshot of your new life make sure you visit our White Shells photo gallery."
With rent for a 2 bedroom apartment from $450 per week, I would hope that pricing would be no more than $550,000.