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You stated you owned property east of 83, however go to http://www.waltonpa.com/ and search for 'name', there is no 'Kevin Thompson' that owns anything in Walton County. You were asking others their background, their 'stake' to the whole access issue - sounds like there is an interest on who...

Did you hear otherwise? I'm not hearing this, I've seen this. It is fact and in writing.

Doesn't vagrant own property in BMB? If so, I think he has every right to have an opinion. On the lot 1 being denied, it is a fact.

For the record I don't live in BMB, but appears Vagrant does. Sounds like the 'many people' is you. Not sure why you are so concerned on Vagrant's reasoning on being against this. If it is denied, it's not going back to your side of the street b/c it appears to be a fact, lot 1 was denied...

This certainly has turned into a pissing in the wind thread! :boxing:

In one sense I agree with you, the final product has not been completed. If purchasing a unit with promised amenities (i.e. beach access, gazebo, picnic tables, bathrooms, whatever else they indicated...) and now the developer is advertising they do not have these things, much less the access...

Developers building condo project with promised private access with amenities. The proposed lot is in BMB. BMB residents don't want it there.

I won't speculate if Planning or BCC will allow it. But would be surprised if the neighbors of this proposed project did not become vocal to the BCC.

The lot was or still is improved w/a duplex. It is zoned Infill which would allow this proposed development. This is allowed with a major development order and required approval by both the BCC and the Planning Board. This would likely take 5 months.

Considering the lot purchased had a price tag of $5,000,000 and a loan around $3,000,000, it's hard to believe the developer would not have some sort of agreement or guarantee in place from the BCC or Planning already. Any developer worth his salt would not fork out that kind of money without...

See http://www.sowal.com/bb/showthread.php?t=7607 Sandestin Luau across from Hilton. YMMV on if this is a good or great deal - I think it is.

Have a contract on the unit for sale (in Bldg 2) - the assigned unit is still available. See prices in first post.

Building 1: For assignment - 4th Floor, NW view, 1206? SF 2 BR, 2.5 Baths, price is original contract of $499,999. Typical closing costs would apply. Building 2: For Sale - 5th Floor, NE view with some southerly exposure, 1,164? SF 2 BR, 2 Baths, price is $550,000. Typical closing costs...

Completed June 2006 and across from Hilton Sandestin Beach Golf Resort & Spa If Rented as 2 BR, 2 BA - $350/nt If Rented as 1 BR, 1 BA - $250/nt If Rented as Studio 1BR, 1BA - $150/nt More details, go to... http://www.vrbo.com/96519

:oops: Well we had an opportunity last June 2005 to assign at $800,000, but the greed was in place thinking of even a higher dollar now. Fast forward, we have a 2 bedroom Luau unit for sale for <$660,000 and not even a nibble. It appears the only sales (excluding original contract sales) were...

Any idea when they will be completed. I've kept hearing end of May, but we're almost at the end of May. Don't have MLS access, but last I saw in February were many, many assignable listings from $680k and up for two bedrooms.

Why the secrecy on price? Maybe you don't want to have an asking price that may have to lower later? Please share if willing.

Nice post, but why the big word (and using it twice! :idontno: ) Any rate, you mispelled it. Here is the correct spelling of cognoscente and definition for the less cognoscenti. :cool: Correct either with an e or i at the end. :oops:

They are all State of Florida licensed agents. You would only typically see a non-licensed person if they were not commissioned and only property available for sale is the owner (like Joe). The sales staff has a responsibility to the owner (Joe), but a greater responsibility to keeping...

I am selling all of my income producing properties this year. The six unit is the first to go. I think the real difficulty is finding not someone who wants to buy it, but someone who can find insurance. I'm sticking with vacant land and other paper investments.

Correct, it has to be in the same watershed. Sometimes there is simply no land to purchase in the same watershed, or the person owning the wetland doesn't want to sell. That is why mitigation banks came to existence. It is just easier instead of frantically trying to track down wetlands...

+190% on a six unit rental property 25 miles inland in NE Florida!

Another thing, I was involved with a transaction in the Tallahassee area last year with wetlands. They sold for $4500 per acre. The highest dollar wetland sale I have seen was $12000 per acre.

I live outside the Emerald Coast area, however do live in Florida. All of Florida has a Water Mgt District (WMD) assigned to it. I don't know which district handles yours, but they are the ones to contact. They will have a list of Mitigation Banks you can contact. Before you do that, the WMD...

Shelly is misguided with her stock knowledge i.e. gives an example of an unrelated company. But she may be on to something with her real estate opinion. You just have to look at MLS data...time on market, reduced asking prices as well as the end of s/d lots & condo projects selling out in...

It sends negative signals to the unknowledgeable. Someone who puts in a 10 share trade. The majority of massive sales by CEO's and execs are pre-planned and certain stock price amounts or dates trigger the sale or purchase. I respect you thought on the RE market and I'd say you're more...

Many CEO's and others on the Board will sell at a pre-determined number. The number of shares is also pre-determined. I stand by my comment that saying someone is 'insider selling' makes no sense. If Rummels doesn't sell any of his shares, do you think it makes Joe more money? The answer is...

You're getting it mixed up a little bit. "insider trading" is illegal, but "insider selling" makes no sense. You can sell shares if you want. Do I smell jealousy?

I keep looking for a real estate expert to discuss the bubble. Everything I've read is from economists or a financial expert. Real Estate is unlike the stock market, it doesn't implode. During a slow down it let's air out slowly and typically stabilizes. I've bought and sold scores of...

Skier, when will the bubble burst? What will happen? How much of a discount will I be able to buy along 30A? Partly joking, partly not. It's easy to say there won't or will be a RE bust. What are the ramifications if there is?

Re: Let the bidding begin... If I were to purchase there, I would want to know a lot of info they wouldn't provide. How many people are 'bidding'? Will it sell out at least at their minimum? I would not touch Alys b/c of the unknowns. Who's to say I pay $975,000 and you pay $775,000...

Re: Let the bidding begin... I doubt any multi-millionaire dollar development along 30a is going to use a non-licensed sales person. I would be shocked.

Re: Let the bidding begin... They ARE required to have a valid RE salesman license. You don't need a license if you are a property mgr renting apartments, rent condos for less than 12 months, etc. If you are selling Florida land for a commission, you must be licensed.

Re: Let the bidding begin... Did Cork say that they don't have to be licensed? They do have to be licensed.

Not sure a week determines a trend. Here's the latest release prices for the June 28th release.

Re: Let the bidding begin... I was reading a portion of the FREC (Florida Real Estate Commission) manual and thought I read you cannot have a lottery for sales. You can have a lottery to have the opportunity to purchase. You can submit a sealed bid for an auction, but I didn't think you...

Thanks, sounds wonderful - big lot for the area! I signed a contract for a lot in Highland Parks.

I think I already know the answer! It's north of what I indicated right and quite bigger. How the heck do you get there? Doesn't look like any roads even lead there from the northside!

I've attached a map. Is this the location?? How do you get there besides swimming?

Where is Sunset Point? Is it in Bay County? Obviously it sounds as if it is on the northside of the Bay, but trying to locate it on a map and can't find it.

Small anywhere else, but the small lots are 40' x 100', which seems typical for 30A. Phase 2 and 3 will have many larger lots. The lay of the land is interesting, it starts at 40 feet or so above sea level and goes to 74' where the community pool is located. Seems like a good neighborhood...

^Thank you Debbie, that is very helpful. :clap_1:

Re: New East-West connector road meeting 6/16/05 Not that I am some crazy bleeding liberal, but there can often be some bad with this type of right-of-way. If it bisects a crucial wetland or grassy swamp, the impervious surface of a new roadway impacts the sheet flows of natural drainage of...

I PM you. They are going to keep the parks natural with forest that is already there. 1st phase went for $350?k

Anyone have an opinion on Highland Parks? It hasn't broken ground, but is near Redfish.

Thanks. If anyone has a web address for the above I'd appreciate it. I only found info on Forest Lakes. And let me amend my original post, not 700k but up to 550k.

If it exists, I haven't found it yet. Not an individual lot outside a subdivision, but maybe an up and coming 'WaterColor' where the price snake hasn't bit quite as hard. Suggestions? Is there any nice communities started on the north side of the bay. I've heard about Cornerstone's, but...

Agreed. That's where the cards would come tumbling down. I'm not convinced that will happen though.

This is partially true. Typically a developer will require 20% down. They want 10% of this as cash and will accept the other 10% as a letter of credit. I've not seen a project yet where the developer would let you put nothing down and rely on a letter of credit for the full 20%.

You must own it for 12 months and a day. Having a contract is not sufficient, the developer still owns the ongoing incomplete condo. To get around this, legally by the way. You establish a LLC, have the LLC own the condo, get buyer prior to closing and 'sell' your LLC. As long as your LLC...