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Smiling JOe

SoWal Expert
Nov 18, 2004
31,644
1,773
I am thinking about building 2-4 rental houses 3 miles north of Grayton Beach, near the Bay. I would appreciate any constructive feedback regarding this idea. These would be seasonal rentals, and of course, I would be looking for Snow-Birds for the Winter. Peak season rents would need to be a minimum of about $900/week, and for the Snowbirds, I don't think I would have a problem keeping them filled at $900/mo.

Any thoughts?
 

Kurt

Admin
Oct 15, 2004
2,312
5,013
SoWal
mooncreek.com
I hadn't thought about short term North of 98 that's not on the water. Interesting idea. I think the key would be to do the right marketing to get them filled and get people to come back again and again.

Maybe try just one out first.
 
Smiling JOe said:
I am thinking about building 2-4 rental houses 3 miles north of Grayton Beach, near the Bay. I would appreciate any constructive feedback regarding this idea. These would be seasonal rentals, and of course, I would be looking for Snow-Birds for the Winter. Peak season rents would need to be a minimum of about $900/week, and for the Snowbirds, I don't think I would have a problem keeping them filled at $900/mo.

Any thoughts?

Is there a market for year round rentals there? OR Could you build and flip the houses?
 

Kurt

Admin
Oct 15, 2004
2,312
5,013
SoWal
mooncreek.com
Rent would have to be too high for long-term. Yes you could build and sell but Joe is looking for income so he can open his bar in Freeport. :D
 

JEANNE

Beach Comber
:shock: Marketing is definitely the key I would say. I have a house now in Grayton Beach on Defuniak Street about 300yards from the water and this past summer was very disappointing. So far the winter isn't much better. I do have it listed with a rental agency...but the market is getting very flooded. New houses are being built constantly. The more the houses available the thinner the pool for renters. Between the taxes, insurance and upkeep...it's becoming a struggle. Not to rain on your parade, but you have to be prepared for anything. My houses value has tripled in the last 3 years. :D I just hope I can hang on to it. Be careful!!
 

Kurt

Admin
Oct 15, 2004
2,312
5,013
SoWal
mooncreek.com
JEANNE said:
:shock: Marketing is definitely the key I would say. I have a house now in Grayton Beach on Defuniak Street about 300yards from the water and this past summer was very disappointing. So far the winter isn't much better. I do have it listed with a rental agency...but the market is getting very flooded. New houses are being built constantly. The more the houses available the thinner the pool for renters. Between the taxes, insurance and upkeep...it's becoming a struggle. Not to rain on your parade, but you have to be prepared for anything. My houses value has tripled in the last 3 years. :D I just hope I can hang on to it. Be careful!!

Hmmmm marketing a vacation rental in Grayton Beach. I wonder how you would go about that? :lol:
 
kurt said:
JEANNE said:
:shock: Marketing is definitely the key I would say. I have a house now in Grayton Beach on Defuniak Street about 300yards from the water and this past summer was very disappointing. So far the winter isn't much better. I do have it listed with a rental agency...but the market is getting very flooded. New houses are being built constantly. The more the houses available the thinner the pool for renters. Between the taxes, insurance and upkeep...it's becoming a struggle. Not to rain on your parade, but you have to be prepared for anything. My houses value has tripled in the last 3 years. :D I just hope I can hang on to it. Be careful!!

Hmmmm marketing a vacation rental in Grayton Beach. I wonder how you would go about that? :lol:

:idea: I hear there is a website :mrgreen:
 

Kurt

Admin
Oct 15, 2004
2,312
5,013
SoWal
mooncreek.com
RiverOtter said:
kurt said:
JEANNE said:
:shock: Marketing is definitely the key I would say. I have a house now in Grayton Beach on Defuniak Street about 300yards from the water and this past summer was very disappointing. So far the winter isn't much better. I do have it listed with a rental agency...but the market is getting very flooded. New houses are being built constantly. The more the houses available the thinner the pool for renters. Between the taxes, insurance and upkeep...it's becoming a struggle. Not to rain on your parade, but you have to be prepared for anything. My houses value has tripled in the last 3 years. :D I just hope I can hang on to it. Be careful!!

Hmmmm marketing a vacation rental in Grayton Beach. I wonder how you would go about that? :lol:

:idea: I hear there is a website :mrgreen:

Link please.
 
A

Anonymous

SoWal Guest
kurt said:
RiverOtter said:
kurt said:
JEANNE said:
:shock: Marketing is definitely the key I would say. I have a house now in Grayton Beach on Defuniak Street about 300yards from the water and this past summer was very disappointing. So far the winter isn't much better. I do have it listed with a rental agency...but the market is getting very flooded. New houses are being built constantly. The more the houses available the thinner the pool for renters. Between the taxes, insurance and upkeep...it's becoming a struggle. Not to rain on your parade, but you have to be prepared for anything. My houses value has tripled in the last 3 years. :D I just hope I can hang on to it. Be careful!!

Hmmmm marketing a vacation rental in Grayton Beach. I wonder how you would go about that? :lol:

:idea: I hear there is a website :mrgreen:

Link please.

Ask and ye shall receive :mrgreen: www.sowal.com/bb :mrgreen:

If it doesn't work try refreshing your screen :wink:
 
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