BMBV, you state your case very well in the above post. I feel the need to direct your attention to the property located west and adjacent to the subject property of 260 Blue Mtn Road. That property to which I refer is 248 Blue Mtn Rd. I believe you know the onwer, or should I say the other seller? He post regularly in this thread. In the recent meeting, I believe he is the one who spoke up and said that he didn't feel that the developer's representative was correct in stating that the surrounding property values would increase around the private beach access. (Personally, I agree that I don't think that would increase the values of adjacent properties.) Regardless of what I think, he just blew his case by increasing the asking price of his property from $6,000,000 to $6,200,000 in today's MLS. (Yes, some of us Realtors still track the market and the listings.) Did the seller see more potential for value and hence raise the price? Not looking like he fully believes what he preaches. One other point which is addressed regarding 248 Blue Mtn Rd, in the general comments of the listing are the following: (MLS # 450184 for those of you keeping tabs - accessible via www.emeraldcoasthomesonline.com, or your favorite Realtor.)
"Gated New Orleans style Gulf Front Estate located on the Gulf of Mexico off Hwy 30-A in Blue Mountain Beach between Destin and Panama City Beach. With about 77 ft of Gulf Frontage located on one of the highest bluffs in the surrounding area. Unique piece of property and rare opportunity to obtain one of the last lots of its kind with these amazing Gulf views along the Emerald Coast. Property is suitable for many uses.Development opportunity -- This lot is zoned as "In-Fill" to allow multiple dwellings if approved by zoning. Sea wall in place and a private beach access can be constructed.One owner home with the look and feel of a one story estate from New Orleans with Mexican tile, dark panel wood and detail finishes and gulf views from all angles (property needs a little TLC in current condition). A little time and imagination can turn this rare Estate Gulf Front lot into an opportunity of a life time. A must see."
Now again, I am not an attorney, but if I were the attorney or representative for Redfish Village, I would note these words during the meeting when the seller stands up to make his case. I would also note that the single family homes on both sides of the development were for sale.
I really cannot believe that someone fighting against private beach access would list his adjacent property for sale, noting that a "private beach access can be constructed."
I really have to throw some salt his way at anything he says on here.
1. "I believe you know the onwer, or should I say the other seller? He post regularly in this thread. "
I don't think this guy even knows how to use a PC, much less regularly post here. BTW, of course I know the owner...don't we all know our neighbors?;-)
2. "Regardless of what I think, he just blew his case by increasing the asking price of his property from $6,000,000 to $6,200,000 in today's MLS."
Can not a man ask what he wants for his property? As a real estate agent in the area, are you saying he will get what he asks simply because he raises his price? Why doesn't he just bump up the price another 3 million dollars? He will most certainly get that, right? That would then blow our argument regarding deminished property values to smitherines. No real estate slump here!
3. "Property is suitable for many uses.Development opportunity"
That statement is absolutely correct. There is a single family home there now.
a. it could be fixed up, even expanded; carriage house added
b. it could be demolished and another single family home built there
c. it could be demolished and probably 2 to 3 single family homes built there
d. it could be demolished and up to 4 gulf front condos could be built there
e. it could be demolished and townhomes built there
There ARE many suitable uses for the property. All of the above are more than welcomed "uses" of the property (by the neighbors I have spoken with).
4."Sea wall in place and a private beach access can be constructed."
SJ, this part I appreciate the least. The property you refer to lost the beach walkover during Hurricane Dennis. To this day, the walkover has not been rebuilt. He got caught with the May 1st cut-off this year. He just has not rebuilt his walkover yet. I believe that walkovers are "constructed", not "private deeded beach accesses" as you seem to allude to which require more lawyers and government approvals than nails and lumber.
5. " I really cannot believe that someone fighting against private beach access would list his adjacent property for sale, noting that a "private beach access can be constructed."
Hopefully you now understand what the owner meant by "private beach access can be constructed".
Thanks for your input.