Mount Alys

[imasunbum]

See Steeleing1's post above. I first heard the term from a car dealer working in Panama City. I thought the guy was so funny that I bought a car from him. He hated Panama City, saying that his wife made him move there. He said that Whitey had to much control over the city, and maybe that is where he got the name, but I have a feeling it has been around for a while. As for the Panty part, drive down the Strip during Spring Break, but don't crash.

Thats okay, I'm with you on the PANTY part (we usually stay off the strip all the time - not interested in exposing my daughter to that). It was the SHIITTY part I was questioning. PCB is certainly not 30A and different folks visit both for different reasons (I think?). I do. I have a place on the beach near the marina at PCB (Thomas Drive) and have a place on 30A, as well. We visit both. It seems these days most of our decisions on which place to go depends on our daughter. She enjoys the more upscale environment, shopping, restaurants and the pool at our place on 30A, but only wants to stay there occassionally. She usually wants to stay in PCB because we have our waverunners there and she is really into those (we enjoy them with her). If you are used to going there and know where to go, where to eat, what to do, it is really a lot more fun than most who post about it says. Anyway just wondering what your SHIITTY experience was or if that was just your general perception. I amy sound serious but I really do have a sense of humor. No offense taken.

 

[Kurt]

Since everyone is talking about Alys Beach, does anyone know what's happening on the west side of that development? I noticed a lot of heavy equipment there a couple of weeks ago, but I haven't been back since.

I was wondering as well. No signs or anything. May be St. Joe property.

 

[Smiling JOe]

imasunbum, Panama City and Panama City Beach are interesting cities, and one is quite different from the other. I have not had bad experiences in PCB, unless you count Spring Break, 1980 something, when we were removed from the hotel room by management.

Actually, the towns have some good things to offer. If you roll down the windows of your car as you drive down the Strip, you are likely to hear a bunch of teenagers yelling Yeee-hooo, as they hang their bodies half way out of the car. That is one big difference. Culture baby!

One of the reasons that I don't care for PCB is the same reason that kids so often enjoy it. Go-karts, bumper carts, jetskis, mini golf, Club la Vela, etc. Just a diffenence of preferences, one person's no better than another's.

Mostly, I just like quoting my salesman, Jerry McCoy. I think he use to play football for Univ of AL. Maybe you Bama fans can look him up to tell me if he is legit.

 

[Camp Creek Kid]

I was wondering as well. No signs or anything. May be St. Joe property.

I don't know exactly, but that property isn't related to Alys or St. Joe. It was on the market last year. Those owners sold it for their asking price of 24 mil and the new buyers flipped it the same day for 61 mil. I'm not joking. The developer is a big wig out of Miami who does the big high rise complexes, etc. It is an incredible amount of $$ for a piece of property with no deeded beach access. I can't see how the developer is going to get his money out of that property with the market in the slump that it is. However, I have a feeling that he is so loaded that a loss is not going to hurt too much.

 

[Smiling JOe]

The owner of record is listed as ZOHOURI DEVELOPMENTS SOUTH WALTON LLC, and Fred Zohouri from Atlanta is the Managing Mbr of the LLC. It consist of about 26 acres and sold for $61M in Sept '05, according to property records. From $24.5 M to $61M is a great flip, esp if it was an assignment and the original buyer had only an EMD holding the property. :shock:

Quick math = $2,350,000 per acre. If zoned 8 units per acre (and I have not looked to see), the raw land cost is only $293K per unit. With infrastructure costs, you can look at probably $400k per unit cost to developer. That price is not too bad all considered.

 

[imasunbum]

imasunbum, Panama City and Panama City Beach are interesting cities, and one is quite different from the other. I have not had bad experiences in PCB, unless you count Spring Break, 1980 something, when we were removed from the hotel room by management.

Actually, the towns have some good things to offer. If you roll down the windows of your car as you drive down the Strip, you are likely to hear a bunch of teenagers yelling Yeee-hooo, as they hang their bodies half way out of the car. That is one big difference. Culture baby!

One of the reasons that I don't care for PCB is the same reason that kids so often enjoy it. Go-karts, bumper carts, jetskis, mini golf, Club la Vela, etc. Just a diffenence of preferences, one person's no better than another's.

Mostly, I just like quoting my salesman, Jerry McCoy. I think he use to play football for Univ of AL. Maybe you Bama fans can look him up to tell me if he is legit.

Like I said - No offense taken - Please feel free to joke with me anytime. But...I think Mr. McCoy was pulling your leg. I'm pretty familiar w/AL Football and I am not familiar with a former player by that name. Like you said, he is a car salesman.

 

[John R]

it's called something with a 'P', i think. prestige, paramount, pinnacle???

st. joe of course wanted to buy it so watersound south would be one giant piece w/out a divot in the middle, and offered what the owner thought was a ridiculously low priceand told them to stuff it. the next time they went back, it was too late/too expensive to buy. st joe has some pretty good arial(sp) photos of it(since it's smack dab in the middle of their land) at the watersound sales center.


jr

 

[pk305]

It may be PROMENANCE....drove thru there today and say the sign....
(my spelling may not be totally correct)

 

[imasunbum]

It may be PROMENANCE....drove thru there today and say the sign....
(my spelling may not be totally correct)

I believe it is "Prominence". Go to www.prominencefl.com to get info.

 

[TooFarTampa]

Mostly, I just like quoting my salesman, Jerry McCoy. I think he use to play football for Univ of AL. Maybe you Bama fans can look him up to tell me if he is legit.

SJ, no one by that name is listed among Alabama's football lettermen.

http://www.rolltide.com/Football/7207.asp

But letters have to be earned. He could have been a walk-on/scout teamer. Maybe.

P.S. not a Bama fan.