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Best Buys Solds


Best Buy Solds is the list of properties that were once posted on the Best Buys page.  These properties did actually sell and for good prices and the reasons that were identified. 


 

Adagio #F303 - Santa Rosa Beach - $575,000 - 3 Bedroom / 3 Bath, 1792 sqft luxury condominium south of Hwy 30A.  This is a short sale.
Sold 8/31/2009 @ $500,000

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 $904,000 unfurnished.


Gulf Place Caribbean #101 - Santa Rosa Beach - $239,000 - 2 Bedroom / 2 Bath, 1091 sqft condominium directly across the street from the beach.
Sold 12/3/09 @ $209,000

Why?
Lowest priced 2BR unit in the Caribbean.  There were three sales in 2008, a 2nd floor unit for $312,500, a 4th floor unit for $394,000 and one short sale, a 1st floor unit for $245,000.  The average sale price is $317,167.  Based on an August 2008 appraisal of a 4th floor unit for $325,000 the 2nd floor unit selling at $312,500 was within the appraised value and the 4th floor unit selling at $394,000 was above the appraisal.  Why did the 4th floor unit sell for $64,000 more than appraised value?  It was a cash deal and the seller and buyer negotiated for the furnishings, which included antiques and oil paintings.  There is another factor that really makes this a 'Best Buy'.  Call me for more details and to discuss buying strategies.  This unit is just waiting for an Offer!


Adagio #E104 - Santa Rosa Beach - $499,000 - 3 Bedroom / 3 Bath, 1792 sqft luxury condominium south of Hwy 30A.  Short sale sold fully furnished.
Sold 2/12/10 @ $480,000

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.


Inn at Seacrest Beach #205 - Seacrest Beach - $79,900 - Studio, 425 sqft north of Hwy 30A. Unfurnished. (Posted 1/25/10)
Sold 3/10/10 @ $78,000

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!


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, Pending 3/19/10)
Sold 5/3/10 @ $675,000

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!

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