FYI. Fulltime is not giving you his opinion, it is a fact that the house in question was 2800 sf, not 3317 as you stated. No need to look at tax rolls to try and figure it out, it is a fact. I know the house, the builder, the floor plan, etc. It was 2800 sf.
Watercolor
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FYI. Fulltime is not giving you his opinion, it is a fact that the house in question was 2800 sf, not 3317 as you stated. No need to look at tax rolls to try and figure it out, it is a fact. I know the house, the builder, the floor plan, etc. It was 2800 sf.
Got it. County records are wrong which is not surprising.
So, the actual data shows the sale to be even more out of range than the county records show. $900 per square foot in Phase II or a 100% premium over the average price per square foot.
Regardless of quality, finishes, etc, that price seems a tad high. Good news for the seller for sure. Probably not so good for the buyer from an investment perspective.
Answering WaterSounds question. IMO, height above sea level is a value item as is distance to Gulf. WaterColor and WaterSound, along with a number of properties along 30A, have an advantage of being above sea level and are built back behind primary dunes, in the transitional coastal zone or maritime forest. This property might indeed turn out to be a good investment as it will probably be high and dry for years to come. The only view isn't the beach. Many enjoy leaving the beach crowds at the end of the day and can still hear the waves lapping on the shore from the comfort of their porch swing nestled among the native landscape.
I appreciate that input Dunelaker. South of 30A but behind the dunes is a nice comfort zone. Gulfviews would be fantastic, but bought too soon!
Thanks
Thanks
Give it time, eventually everyone's got water front property. ;-)
well, maybe not
Wow, I feel like I just fell off the turnip truck. 
We live in Atlanta and thought prices were getting out of hand here but what is going on in the Florida panhandle is amazing. I had posted about building costs in Destiny and based on what I have read, we will not be building in Destiny. We will try to find a resale and rehab and see how those costs look. If the costs don't work, we will find another spot to retire to, simple as that. We don't have any choice really. I keep reading that the market is dropping in Florida but apparent the SoWal MSA is immune.
We live in Atlanta and thought prices were getting out of hand here but what is going on in the Florida panhandle is amazing. I had posted about building costs in Destiny and based on what I have read, we will not be building in Destiny. We will try to find a resale and rehab and see how those costs look. If the costs don't work, we will find another spot to retire to, simple as that. We don't have any choice really. I keep reading that the market is dropping in Florida but apparent the SoWal MSA is immune.
Quote [I understand the importance of proximity to the beach, but does "feet above sea level" have a place in the decision to purchase beach property...]
When we looked for property in WaterColor back in 2003, >20 ft above sea level was a requirement.
When we looked for property in WaterColor back in 2003, >20 ft above sea level was a requirement.
I'm trying to post a new thread and I keep getting a fatal error. Anyway, looking for a 2 bedroom/2 bath cottage - simple and not expensive. Vacation home. Anywhere in sowal but must be close to beach. Can anyone point me to a website where I can begin searching and looking at prices. Thanks.