Ariel Dunes II Pre-construction...

[Unplugged]

Has anyone on the forum reserved in this project? Thoughts/ comments?

 

[driftwood]

Yes I have a contract for a 2 br unit. My bias opinon is that it is going to be great! What are you trying to find out about it?

 

[Beachside]

Considering the success of Sandestin with the buildings that are off the beach but with a gulf view and included within the resort amenities, Ariel Dunes should do very well. One Beach Club and Luau are major successes.

Luau in Sandestin is already flipping 2 Bedroom units that they paid $500 - 600,000 for $900m - $1,100,000 and the building will not even close until July 2006.

 

[Unplugged]

I'm encouraged by contract assignments listing for $200K above orig purchase. Also, the location on Scenic 98 seems ideal: a nice sunset Gulf view yet just far enough off the beach to enjoy a slight buffer from the storms...

http://www.arieldunesii.com/location.html

 

[Kurt]

I think this may be it.

 

[Smiling JOe]

a sketch of Ariel Dunes II

 

[Smiling JOe]

We have two 2 br's in Luau and looking to flip one of them. I saw a handful of listings, but haven't seen any that have closed. Do you know of any that have closed?

They will not close until the CO is issued, expected mid 2006.

 

[ecopal]

>>>Beachside:12-16-2005 03:21 PM
"Luau in Sandestin is already flipping 2 Bedroom units that they paid $500 - 600,000 for $900m - $1,100,000 and the building will not even close until July 2006."<<<



sounds like the real estate market is alive and well in Sandestin.

 

[Smiling JOe]

True, but that wouldn't preclude the listing agent to put the listing in 'Pending'. There are none in pending, all are active. So I'm wondering if the poster above giving the handsome figures is relying on the available listings or does he/she know of some that are privately offered and are pending.

If a unit is reserved, according to the rules of the MLS, the listing is required to be changed to "reserved" within 24 hours. However, not everyone follows the rules.
Regarding the units in Luau, only 11 units have been entered as listed, and all 11 of them are listed as "active." Since there are more than 11 units in this building, this probably indicates that the other Agents are not following the rules of the MLS, or that the other units have not been listed. I have a good guess of which is correct.;-)

 

[SHELLY]

>>>Beachside:12-16-2005 03:21 PM
"Luau in Sandestin is already flipping 2 Bedroom units that they paid $500 - 600,000 for $900m - $1,100,000 and the building will not even close until July 2006."<<<



sounds like the real estate market is alive and well in Sandestin.

...or they haven't run out of "greater fools" in Sandestin.