trying to sell townhouse

[Luis Acevedo]

Hi Guys/Gals: I hope you can help me:

I have a townhouse located on Tybee Island, GA but I'm having a hard time selling it. The townhouse (2 beds/1.5 bath) has an HOA ($300 a month) that does not allow short term/vacation rentals, only long term (1 year) leases are allowed. Now every time someone sees the place, they love it but when they do their due diligent (no short term rentals) they move on to another place. The real estate agent says its priced right but no offers so I have been dropping the price. Its now selling for $225,300. Any advice???

P.S. I did have a tenants for two plus years but moved them out so I could sell the place.