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coondog

Beach Lover
Apr 27, 2009
153
29
Right...

So what's the issue? It's a private business and ultimately a private club.

When Watersound Beach was initially marketed to Owner's the Beach Club was marketed as a community amenity. When the Preliminary Application was filed with Walton County to build the Beach Club, then CEO Britt Greene, signed the application which contained that statement that the facility would be turned over to the HOA. Another issue is paying $20,000 for a membership, which included guest rights, only to later be given an ultimatum that unless you fire your existing management company and use Joe, we will take away the rights you initially bargained and paid for as part of your $20,000 initiation fee.
 
For private clubs making profit in their business is must. So asking to hire Joe for property management clearly shows that, it is getting some kind of benefit from this deal. Most of the times you can see that, private clubs have some weird rules and regulations. All the clubs have different set of rules. So nothing out of this world has occurred with St. Joe members.
 

coondog

Beach Lover
Apr 27, 2009
153
29
For private clubs making profit in their business is must. So asking to hire Joe for property management clearly shows that, it is getting some kind of benefit from this deal. Most of the times you can see that, private clubs have some weird rules and regulations. All the clubs have different set of rules. So nothing out of this world has occurred with St. Joe members.

The basic take away is that if you buy from St. Joe, don't trust what they tell you as they will either not deliver on initial promises or change the rules at some point to benefit them while harming their customers and members.
 

Matt J

SWGB
May 9, 2007
24,643
9,496
The basic take away is that if you buy from St. Joe, don't trust what they tell you as they will either not deliver on initial promises or change the rules at some point to benefit them while harming their customers and members.

Buyer beware, or at least read the fine print.
 

coondog

Beach Lover
Apr 27, 2009
153
29
Buyer beware, or at least read the fine print.

Our friends who are "renting" through St Joe Club and Resorts still HAS NOT HAD A SINGLE WEEK rented yet, while everyone else we know that rent through other firms have had many rentals throughout spring break. They really don't seem to have any idea what they are doing, and are so arrogant that they refuse to allow the use of VRBO as they think their system is superior. LOL.
 

mbo222

Beach Comber
Oct 23, 2009
29
4
Even worse is a beach club member who paid the $20k and does not rent. We can no longer have anyone (ie close friends staying at the house) use the club unless we are present. (and then they have to pay on top of that (wth us as chaperones).....now they did give us some "vouchers" after multiple members complained for what its worth) As a non-renting member I kind of like the fact no one is renting :~)...the beach club is silent like it was at inception. The real question is whether it is ultimately worth it to use the beach service, pay an upcharge on all the food and drink just to have private status. All the growth on 30A in developments without private access, makes this more attractive at any price?? Stay tuned...I bet JOE changes the rules again, like they always do.
 

coondog

Beach Lover
Apr 27, 2009
153
29
Even worse is a beach club member who paid the $20k and does not rent. We can no longer have anyone (ie close friends staying at the house) use the club unless we are present. (and then they have to pay on top of that (wth us as chaperones).....now they did give us some "vouchers" after multiple members complained for what its worth) As a non-renting member I kind of like the fact no one is renting :~)...the beach club is silent like it was at inception. The real question is whether it is ultimately worth it to use the beach service, pay an upcharge on all the food and drink just to have private status. All the growth on 30A in developments without private access, makes this more attractive at any price?? Stay tuned...I bet JOE changes the rules again, like they always do.

It is amazing how empty the beach is in front of the Beach Club these days. It is much busier on the beach in front of the Dunesider pool. Waiting list for members to get their initiation fees back continues to get longer. Paying $300 a month in dues just to allow you to buy a $10 beer, or $18 nachos, after you had to pay a $10 per person guest fee to walk in the door is a flawed business strategy. Per their earnings release yesterday, revenues from their Resort business was down 10% from last year, and all other operating revenues appeared to be down as well. There only real income appears to be from the continued liquidation of properties. What once was the largest owner of real estate in Florida has a rapidly shrinking asset base. Current management, especially those running the resort program do not appear to be up to the task as they continue to run off members with their constantly changing rules and arrogant attitude.
 

mbo222

Beach Comber
Oct 23, 2009
29
4
And as of last week, you can no longer take your $10 beer to the beach. They do not have a beach alcohol "license". They are working to rectify this. Wow.
 
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