Foreclosure – Just Sold in Seagrove Beach, FL

This foreclosure just sold south of Scenic 30A in old Seagrove with close proximity to the beach.

For more information, call Christina Meinen at 850.974.9704 or Andy Meinen at 850.419.4777.

Property Details

Located on a quiet street very close to the beach on the south side of Scenic Highway 30A, this home features 3 bedrooms and 2 baths on the main level that are joined by an upstairs apartment with private entrance.

Just Sold in Rosemary Beach, FL

 

This home on the southside of Rosemary Beach just sold – great location, 3rd row back from the Gulf!

The market continues to move along Scenic 30A.

For more information, call Christina Meinen at 850.974.9704 or Andy Meinen at 850.419.4777.

Property Details

The corner lot upon which this Rosemary Beach home sits fronts a small park and is adjacent to a pedestrian boardwalk leading to the beach. The main house features three elevator-accessible floors while the three-story carriage house includes a two-car garage with private exterior parking for two additional vehicles.

The carriage house features a sleeping loft which doubles as the home’s sixth bedroom. The garage contains a washer and dryer for guests staying in the carriage house. Stainless steel kitchen appliances, American walnut hardwood floors, gorgeous stone floors in the baths and granite counters throughout are among some of its features.

Rosemary Beach offers amenities that include swimming at four pools, kayaking, biking, tennis and shopping.

Just Reduced: Gulf Views in Miramar Beach, FL

 

This amazing beach retreat was just reduced to $630,000.

Rental company guarantees $60,000 in rental income per year. Through March, the home has already booked 141 days for a gross rental income of nearly $52,000.

For more information, call Christina Meinen at 850.974.9704 or Andy Meinen at 850.419.4777.

 

Property Details

Located on a quiet street in Miramar Beach, this three-story beach home with Gulf views is a perfect vacation retreat. Current rental company is GUARANTEEING $60,000 in gross rental income per year.

As of March 16, 2012, the house has 141 nights rented for a total of $51,632. This five-bedroom, four-and-a-half bathroom home has a pool and a large open floor plan that is ideal for entertaining and family retreats.

When you enter the first floor, you’ll find tile floors, which run throughout the house, and three bedrooms and two full bathrooms. A bunk run with two bunk beds can sleep four comfortably. Two guest rooms face south and both have access to the first-floor deck and pool area.

Walk up the stairs to the second floor, which has great views and breezes from the wrap around balcony. The open living, dining and kitchen area is a perfect spot for bringing the family together to spend time. There is also a half bathroom and laundry room on the second floor.

The third and top floor has two more bedrooms, including the masters suite. The master bedroom as a walk-in closest, ample bathroom and a private balcony facing south capturing views of the beach and Gulf of Mexico. This home has space for six cars to park and is just steps for a small park and beach access at the end of Tang-O-Mar Drive.

The wide, white beach has enough space to set up camp for a day of relaxing and swimming. Tang-O-Mar is about a block away from the shopping and restaurants at Silver Sands Outlet Mall and Sandestin Golf and Beach Resort.

Current owner is paying $3,018 per year for homeowner’s and wind insurance. All room dimensions and square footage are approximate and should be verified by the buyer.

Just Sold in Ph. 1 in WaterColor, FL

This amazing home just sold in Phase 1 of WaterColor, FL.

Under contract in 11 days!

For more information, call Christina Meinen at 850.974.9704 or Andy Meinen at 850.419.4777.

Property Description

With three large bedrooms and three separate baths, a large living room with vaulted ceiling and pine walls, as well as a spacious kitchen with granite counters, stainless steel GE appliances, this home in the secluded Tennis District neighborhood of WaterColor is offered at the best price on the street!

A separate office with built-in desk and cabinets is another great feature, as is the convenient ground-floor master suite with grand walk-in closet and connecting bath. The ideal upstairs features a generous bedroom with separate bunk nook as well as a landing/play area.

2011 gross rentals were $35,413 with 79 owner nights booked. This home is being sold furnished with the exception of artwork and accessories.

Just Reduced in WaterSound Beach, FL

Just reduced in WaterSound, FL, this amazing vacation home is estimated to bring in nearly $115,000 in gross rental income a year but has never been rented so it is in pristine condition!

Don’t miss the opportunity to buy this wonderful beach retreat in one of Scenic 30A’s most sought after communities.

For more information, call Christina Meinen at 850.974.9704 or Andy Meinen at 850.419.4777.

Property Description

This amazing beach vacation home is located in the exclusive hamlet of WaterSound Beach on County Road 30A. 360 Blue Properties estimates this vacation home can do about $115,000 a year in gross rentals.

The back of the house sits next to Deer Lake State Park. The spacious floor plan is ideal for entertaining and family getaways. On the first floor, you’ll find a small library/sitting room off the foyer. There are two guest rooms with attached full bathrooms facing the front of the house. A convenient wet bar is located next to the master suite’s entrance.

The master suite has a private deck facing Deer Lake State Park. Up the stairs to the second floor you will find two more guest bedrooms and an open kitchen, dining and living area. This space is ideal for getting together with family and friends. The modern kitchen has a Swarovski crystal chandelier, marble countertops, dual gas ranges and separate freezer and refrigerator.

A cozy screened porch off the kitchen has a fireplace and separate area with gas grill hookup. The living and dining area has vaulted ceilings with a large porch off the living room facing secluded Deer Lake State Park. Two bedrooms with full bathrooms round out the second floor on this home.

On the third level there is an huge bonus room perfect for watching the game, playing cards and working out plus an additional room perfect for hanging out. Continue up the stairs to the fourth floor and you will find views of the Gulf of Mexico and pristine Deer Lake State Park. This is a great spot to watch those Florida sunsets.

House is being sold fully furnished minus a small exclusion list of items which is attached. All room dimensions and square footage are approximate and should be verified by the buyer. There is a $250 transfer fee, a 0.5% St. Joe Foundation fee, and a 0.25% New Buyer Fee.

 

Bill could help short sale sellers in 2013

WASHINGTON – April 2, 2012 – Under U.S. law, a homeowner with an underwater mortgage who goes through a short sale has part of his or her debt forgiven by a bank. The amount forgiven is legally considered income, as if the lender gave the owner a monetary gift by saying, “You no longer have to pay this.”

As a gift, that money is income and taxable by the IRS when the homeowner fills out his yearly income taxes. However, a temporary law effective through Dec. 31, 2012, nixes that amount as homeowner income, making the debt forgiveness tax-free. A short sale in 2012, then, allows a homeowner to walk away free of debt.

As it stands now, that rule expires next year, and underwater homeowners who go through a short sale could be taxed on the amount forgiven.

However, a bipartisan bill introduced late last week by U.S. Senators Debbie Stabenow (D-MI) and Dean Heller (R-NV) – the Mortgage Relief Act – would extend that rule past Dec. 31 if approved by both the House and Senate and signed by President Obama. Senators Robert Menendez (D-NJ), Sherrod Brown (D-OH) and Jeff Merkley (D-OR) cosponsored the legislation.

“It is bad enough that so many families are faced with mortgages that now exceed the value of their home,” says Stabenow. “But to add insult to injury, without this bill, the IRS would once again require these families to pay hundreds or thousands of dollars in additional income tax when they sell or refinance their home. That’s just wrong.”

Stabenow championed the original Mortgage Relief Act of 2007 designed to fix the problem that now expires at the end of 2012. Stabenow and Heller’s new bill will extend this tax protection for underwater homeowners through 2015.

Approximately, 20 to 25 percent of American homeowners are currently underwater on their mortgages.

© 2012 Florida Realtors®

Gulf-Front – Under Contract

This Gulf-front home is under contact in Panama City Beach, FL. The house is in a great location on Front Beach Road right down the street from Pier Park.

For more information, call Christina Meinen at 850.974.9704 or Andy Meinen at 850.419.4777.

Property Description

This classic, cement block beach house with original mosaic tile floor sits on a beautiful Gulf-front lot with incredible proximity to popular Pier Park. Pier Park offers a concert park, paved trails, retail and dining. The lot measures a generous 60 feet wide and expansive 124 feet deep.

 

Just Sold – Gulf Front, Best Priced 3 BR on 30A

This Gulf-front condo just sold in Seacrest, FL, along 30A.

Best priced 3 bedroom on the Gulf…don’t delay…the deals are moving quickly!

For more information, call Christina Meinen at 850.974.9704 or Andy Meinen at 850.419.4777.

Call us today to buy or sell your piece of Paradise!

Inventory is dwindling so if you are considering selling, please call us for a free Comparative Market Analysis.

Property Description

Each bedroom in this Gulf-front unit offers its own private bath. The living room features a vaulted ceiling as well as a spiral staircase to a sleeping loft with full bath. The balcony is a great spot for a cocktail and taking in the sunset. Capistrano is close to Camp Creek Golf Course, Alys Beach and Rosemary Beach.

Just Reduced and Guaranteed Rental Income in Miramar Beach, FL

This amazing vacation rental is guaranteed $60,000 in rental income a year by the rental company, and as of March 19, the home has booked $51,632 in gross rental income for 2012.

The home was just reduced to $649,000.

For more information, call Christina Meinen at 850.974.9704 or Andy Meinen at 850.419.4777. Please feel welcome to search all properties in the area on our website.

 

Call us today to buy or sell your piece of Paradise!

Big Plans for Sandestin

Sandestin, FL – There are some major events on the horizon for Sandestin Golf and Beach Resort.

Sandestin owner Tom Becnel said recently in a Northwest Florida Daily News article that he has two major new developments in the design phase, as well as several new additions to the resort this year.

Becnel is in the planning stages of a 96-unit condominium and a 36-home subdivision.

The condo project is slated for the Osprey Point property between the Heron Walk and Baypine Cottages communities in the Lakeside area of Sandestin. Becnel plans to market the units in the spring and if sales are strong, he will start construction this fall.

The new subdivision will be built across from the Burnt Pine Golf Club on a parcel of undeveloped land. Becnel couldn’t say when construction on that project would begin. But he did say that the is focusing on buyers, who are looking to stay in Sandestin for the long haul and not speculators.

Another project Becnel has been been working on is the $2-million renovation of the Bayside Inn that should wrap up at the end of March. The Inn will be rebranded with a new logo, furniture in all condos and a new pool deck, Becnel said.

The marina at Baytowne is also looking to get upgraded. Becnel applied for permits from the Army Corps of Engineers for a new pier and boat dock for 50 to 70 boats 100 feet or longer. The marina will also get a floating water park and will continue to rent YOLO boards this summer.

The Village of Baytowne Wharf will get two new tenants, Becnel said. The Hofbrau Beer Garden is scheduled to open by Spring Break. And a new Ben and Jerry’s ice cream shop will open in the next few months.

Sandestin is booming and will continue to grow. Call Andy Meinen at 850.419.4777 or Christina Meinen at 850.974.9704 today for more information about real estate and property in Sandestin.