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Best Buys


Best Buys are properties that, in my opinion represent some of the best deals available.  A properties value is determined by what a buyer will pay among other factors including but not limited to original purchase price, mortgage, previous sales, market value and the sellers and buyers perceived value.  View the Best Buys that have sold on Best Buys Solds.



Gulf Place Cabanas #202 - Santa Rosa Beach - $188,000 - Gulf view 2nd floor 1 bedrrom 1.5 bath unit with bunk beds.

Why?
Lowest priced unit in the Cabanas, gross rental income.  The average gross rental income for similar units managed by on site rental management was $8.579.47 with the lowest being $7,004.27 and the highest being $13,248.12.  This unit, rented through www.vrbo.com/4522  has grossed $12,467.00 in 2008 and already grossed $12,342.50 in 2009.  Rental income varies yearly and there is no guarantee that future rental income will match or exceed these numbers but the potential exists.


Ocean Reef- Panama City Beach - $259,900 2 Bedroom / 2 Bath 1146 sqft - $359,900 4 Bedroom / 3 Bath 1600 sqft - Gulf Front condo built in 2008.  Units are unfurnished.
Sold Since 1/1/09 - (15) 2 BR @ $230,000 - $259,900, (5) 4 BR @ $340,000 - $356,000
 

Why?
Price, value and location.  Best value for the dollar in Panama City Beach.  Located only 1.1 miles east of Pier Park this gulf front development offers spacious units with 9 foot ceilings, crown molding in living, dining, kitchen and foyer, granite counter tops in kitchen, custom cabinetry, large gulf front balconies 10' x 28' and more.  Amenities include COVERED BEACHSIDE, ASSIGNED PARKING, gulf front pool, gulf front hot tub, indoor heated pool, fitness room, steam room, sauna and 329 feet of beach.  LOW HOA dues of $285 per month!


Tropic Winds - Panama City Beach - $259,900 2 Bedroom / 2 Bath 1147 sqft - $349,900 3 Bedroom / 3 Bath 1432 sqft - Gulf Front condo built in 2009.  Units are unfurnished.
Sold Since 1/1/09 (25) 2 BR @ $249,900 - $400,000, (4) 3 BR @ $349,900 - $400,000

Why?
Price, value and location.  Newest Gulf Front condominium in Panama City Beach.  Large living room and master bedroom that open to a 10' x 28' balcony, 2 bedrooms will accomodate a king size beds, 9' ceilings, crown molding, tiled foyer, kitchen and baths, granite kitchen counter tops, laundry room, all appliances and COVERED BEACHSIDE, ASSIGNED PARKING. Amenities include indoor/outdoor gulf front pool, hot tub, steam room and sauna, fitness room, and over 330' of beachfront. Two Bedroom Penthouse units & End units are an additional $10,000.  LOW HOA dues of $247.88 per month!


Adagio #C103 - Santa Rosa Beach - $850,000 - 4 Bedroom / 3 Bath, 2220 sqft GULF FRONT luxury condominium south of Hwy 30A.  This is a short sale. (Posted 1/18/10)
Contingent 2/8/10 / Projected Close 6/1/2010

Why?
Location and price.  Adagio is a luxury condominium development south of Hwy 30A located in the Blue Mountain Beach community.  Built in 2005, Adagio is the premier rental property in the area with a 1,700 sqft gulf front pool, an 8,000 sqft terraced pool, 580 feet of beach front and many other amenities.  The original purchase price in 2005 was $1,980,000.


Inn at Seacrest Beach #205 - Seacrest Beach - $79,900 - Studio, 425 sqft north of Hwy 30A. Unfurnished. (Posted 1/25/10)
Pending 2/19/10 / Projected Close 3/10/10

Why?
Great price for a large studio with large balcony and gulf views, 9 ft ceilings, travertive floors located in Seacrest Beach between Alys Beach and Rosemary Beach.  Best value in this price range on Hwy 30A!


75 Wiggle Lane - Rosemary Beach - $599,000 - 2 Bedroom / 2 Bath with Loft, 1622 sqft north of Hwy 30A.  Furnished.  (Posted 1/27/10)

Why?
Location and price.  Lowest priced home for the most square feet in Rosemary Beach located behind the square.  Close to all the activities and amenities of Rosemary Beach.  Stainless steel appliances with bamboo floors throughout.


10 Scout Lane - Rosemary Beach - $989,000 - 6 Bedrooms / 6.5 Bath, 3127 sqft north of Hwy 30A.  Short Sale, unfurnished  .(Posted 1/27/10)

Why?
Location and price.  Lowest price per square foot in Rosemary Beach, lender approved price with attractive financing option.  Lender will help furnish with full price offer.


195 Wiggle Lane - Rosemary Beach - $800,000 - 3 Bedroom /  3.5 Bath, 2030 sqft north of Hwy 30A.  Furnished.  (Posted 1/27/10)

Why?
Location and price.  Lowest price per square foot for a 3 bedroom furnished home in Rosemary Beach.


Bella Vita B306 - Blue Mountain Beach - $745,000 - 3 Bedroom / 3 Bath, 1917 sqft gulf view south of Hwy 30A.  Furnished (Posted 2/21/10)

Why?
Location and price.  Bella Vita is a luxuary gulf front condominium south of Hwy 30A on Blue Mountain Rd.  Original purchase price was $1,625,000 in 2005.  This is the best deal on the gulf for a gulf front community!


 All Information is believed to be accurate and reliable but not guaranteed


Reports


To receive any of the following reports check the appropriate box and fill out the following information.



Gulf Place Cabanas #202 'Estimated Cash Flow Analysis'

An estimated cash flow analysis based on 2009 expenses and rental history through September 2009

Gulf Place 2004 - 2010 Analysis as of 1/31/10

Activity for Gulf Place for the period 1/1/10 -1/31/10 and an Analysis of sales since 2004 with last period and current period active listing statistics and 2009 yearly sales information.

Rosemary Beach Update and Analysis as of 1/31/10

Activity for Rosemary Beach for the period 12/1/09 -12/31/09 and an Analysis of sales since 2005 with last period and current period active listing statistics and 2009 and 2010 yearly sales information.


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