"This place is practically IN the water. Gerard Drive often floods and has washovers in coastal storms. Teetering already on stilts, I would not make the investment even if the place was $300K. The erosion there gets worse every year. And what fool would buy it for the land - can't even imagine what kind of new construction would be permitted. And the insurance? You can forget anyone willing to insure for flood or casualty." ? anon [This Gives New Meaning To The Phrase "On The Waterfront"]
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