Destin, FL Real Estate News

By Mike Frazier, Northwest Tennessee Realtor
(Carousel Realty of Dyer County)
I received a google alert for the term Destin Pelican Beach Resort this morning. It was an article originally written in the Florida Sportsman Magazine just a few days ago. The reason the alert popped up is because the fishermen in the article stayed at the Pelican Beach Resort. They were quoted as saying they stayed on the 7th floor and had a view of the ocean and morning sun. They had to have stayed in a 2 bedroom on the angled side which has a somewhat side view of the beach. My #1004 is on the 10th floor and directly faces the gulf. Personally I prefer looking out of the condo directly at the ocean. It was be very easy from my balcony to be a fish spotter for a friend fishing from shore behind the resort. Here is a link to that Destin fishing article and I know you will enjoy. If y...
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By Clayton Bonjean, Broker | Owner | MBA
(Mainsail Realty Company)
Destin Gulf Front Condo - Sundestin - Bank Owned - JUST SOLD! Destin Gulf Front Condo Search Destin Gulf Front Homes, Condos and Lots For Sale - Click Here I just sold a Gulf Front Condo in Destin Florida.  The condo was a foreclosure "Bank Owned" and I represented the buyer in the transaction.  Sundestin is located in Destin Florida across from Big Kahunas Water Park and it is a fantastic rental property with a front desk, restaurant, game room, heated pool and beachfront access.  My buyer client got a great deal and he is very happy with his purchase.   Below are the details on the transaction. Number of Bedrooms - 1 Square Footage - 719 Sold Price - $160,000 Price Per Square Foot - 222.53 Date Sold - 1/26/2012 I would love to help you find a great deal on a Destin or Hwy 30A Gulf Fro...
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By Danny Margagliano, Danny "Wheels"
(World Impact Real Estate)
The summer of 2010 we were hit hard by the "scare" of oil on our local beaches.  But in fact it was a wonderful and beautiful summer.  My family and I fequented the beaches and did not ever see a sign of oil.  In 2011 my clients which are primarily investors had a fantastic rental season with very few open days on the books.  They are already mostly full for 2012 and are looking to buy additional beachfront and close to beach investment properties while prices are still attractive.  The inventory is dropping here and we are started to see a sign of price increases.  Let all hope for a great year in 2012 and I hope to see you all at the beach!  If you aren interested in buying or selling real estate in Destin, Miramar Beach, Sandestin or Santa Rosa Baech give me a call and I can show you...
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By Mike Frazier, Northwest Tennessee Realtor
(Carousel Realty of Dyer County)
Almost 3 years ago my wife and I purchased a Destin beachfront condo at the Pelican Beach Resort. At that time rentals were not quite up to par. The second year rentals were still not great but this past year 2011 the rental market came back. If you will remember, the oil spill really affected business in general all along the gulf coast. However, Destin never really saw any of that oil from the spill but people across the country were scared because of all the news hype. 2011 was the turn around year for the beach condo rental market.This year 2012 promises to be even better that last year. I am getting bookings every day and some are unable to book my unit because their dates are already taken. Click on that link up above to see if your dates are available and to get more information....
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By Danny Margagliano, Danny "Wheels"
(World Impact Real Estate)
Search all units at Marbella Condo Destin for Sale Marbella Condo in Destin, FL is located at the head of the Destin Harbor.  This water front luxury condo has its own private marina and boat club on site.  Marbella Condo in Destin has 3 and 4 bedroom units starting in the high 300's.  Boat slips are included with many units.  Marbella Condo has rental restrictions only allowing long term rentals.  Marbella Condo Destin offers a heated pool, cabana, gated garaged parking, private owners louange and more.  If you are interested in Buying or Selling at Marbella Condo Destin, FL please call Danny Margagliano for more information at 850-830-4747. MLS#571027 Search all Condos for Sale at Marbella Condo Destin
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By Danny Margagliano, Danny "Wheels"
(World Impact Real Estate)
Search all Crystal Shores Homes for Sale Crystal Shores is a neighborhood located in the subdivision of Crystal Beach Destin, FL.  This quaint neighborhood gives a much desired Florida beach feel with Florida cottage style homes, sidewalks throughout and a community pool.  Crystal Shores is only 1 block from the beautiful Destin beach.  From Crystal Shores, world class shopping is just a few block to the north and all the excitement of Destin's entertainment and nightlife is just minutes away.  The nice thing about Crystal Shores is that it is very close to all the action but quite and low key at home. If you are interested in buying or selling a home in Crystal Shores Destin call Danny Margagliano at 850-830-4747. Search all Crystal Shores Homes for Sale
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By Clayton Bonjean, Broker | Owner | MBA
(Mainsail Realty Company)
Destin Luxury Short Sales and Foreclosures | Santa Rosa Beach | Hwy 30A | FL The luxury home and condo markets are definitely improving in Destin Florida and on Hwy 30A.  Prices are at record lows and there are many amazing luxury properties still on the market.  I have helped many buyers find incredible deals on Destin and 30A luxury, gulf front, bay front, and water front properties. Click the Links Below to Search Destin, Sandestin and Hwy 30A Luxury Short Sales and Foreclosures.   Destin and 30A Luxury Short Sales and Foreclosures - Homes Destin and 30A Luxury Short Sales and Foreclosures - Condos Destin and 30A luxury Short Sales and Foreclosures - Lots I would love to help you find a great deal on a Destin, Sandestin or Hwy 30A luxury property.  I am certified distressed property ...
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By Danny Margagliano, Danny "Wheels"
(World Impact Real Estate)
Search all Kelly Plantation Homes for Sale Search all Kelly Plantation Lots for Sale Kelly Plantation in Destin, FL is a premier luxury gated Golf Course Community.  The homes at Kelly Plantation are situated around the 18 hole Championship Golf Course and teh Choctawhatchee Bay.  Kelly Plantation has various smaller neighborhoods within the subdivision that have different feels and restrictions.  All owners at Kelly Plantation Destin have access to the pool, club house and more.  To make Kelly Plantation in Destin, FL your new home call Danny Margagliano at 850-830-4747 View for Kelly Plantation Destin, FL community details Search all Kelly Plantation Homes for Sale Search all Kelly Plantation Lots for Sale
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By Danny Margagliano, Danny "Wheels"
(World Impact Real Estate)
Search all Destin Pointe Homes for Sale on Holiday Isle Destin Pointe subdivison on Holiday Isle Destin, FL is a gated waterfront community with single family homes as well as townhouses and small condo buildings.  Destin Pointe has a quaint feel with the Florida Cottage style homes.  There is a community pool and beach shuttle service.  The location of Destin Pointe allows guests and owners the convienence of walkig to empty and uncrowded beaches and the Destin Jetty. This has made Destin Pointe on Holiday Isle a top choice for vacation renters and second home owners.  If you are interested in Buying or Selling a home in Destin Pointe in Destin, FL call Danny Margagliano at 850-830-4747. Search all Destin Pointe Homes for Sale on Holiday Isle
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By Danny Margagliano, Danny "Wheels"
(World Impact Real Estate)
Search all Emerald Lakes Homes for Sale in Destin, FL Emerald Lakes subdivision in Destin, FL is located in the eastern portion of Destin on the bayside of Hwy 98.  Being a gated community adds to the privacy and sercurity.  There are many homes located along the lakes in the subdivision.  Emerald Lakes in Destin has many exclusive amenities including a large pool with BBQ grills, tennis, basketball and a park with slides and swings.  Throughout the Emerald Lakes streets are walking and bike paths and benches along the way to enjoy the lake views.  If you are interested in buying or selling in Emerald Lakes Destin call Danny Margagliano at 850-830-4747. Search all Emerald Lakes Homes for Sale in Destin, FL
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By Casey Joiner, Scenic Sotheby's International Realty
(Scenic Sotheby's International Realty www.caseyjoiner.com)
  Gorgeous renovation for this landmark Destin Florida gulf front development.  This 3 bedroom offers 1600 sq ft, full size kitchen, fully renovated tile bath and showers, generous balcony with wet bar, and gulf front master bed with views.  Inlet Reef Club has all of the amenities that both owners and vacation renters enjoy in Destin Florida.  The development offers 2 tennis courts, covered parking, workout facility, beach access, and gulf front pool.   I am including a link below to view all of the details for this property along with all pictures available.  Enjoy….and as always to do not hesitate with questions. CLICK HERE TO VIEW #208 INLET REEF CLUB
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By Clayton Bonjean, Broker | Owner | MBA
(Mainsail Realty Company)
Destin Gulf Front Bank Owned Condo | JUST SOLD! Click the link below to Search Destin Florida Gulf Front Homes, Condos and Lots.Destin Gulf Front Real Estate Search  I just sold a bank owned condo on Holiday Isle in Destin Florida.  The condo was located in the Holiday Surf and Racquet Club Resort.  I represented the buyers in the transaction and they are very happy with their purchase.   This bank owned Gulf Front Condo was on the 2nd floor, completely furnished, and had a great gulf view.  I enjoy helping Destin Gulf Front buyers and sellers.  This was a mulitple offer situation and we were very fortunate to come out on top. Below are the details of the transaction. Sale Price - $188,501 Number of Bedrooms - 2 Square Footage - 950 Price Per Square Foot - $198.42 Date Sold - 12/29/2011...
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By Danny Margagliano, Danny "Wheels"
(World Impact Real Estate)
Search Jetty East Condos for Sale in Destin, FL Jetty East Condo in Destin is a unique piece of real estate being that it sits so close to the Destin Pass and is also a beachfront condo.  Another great aspect of Jetty East is that the units start at 600 square feet allowing you to buy a beachfront condo in Destin for just over 100k.  The condo units at Jetty East are also available in 2, 3 and 4 bedrooms.  For more information on Buying or Selling at Jett East Condo in Destin, FL call Danny Margagliano at 850-830-4747. Search Condos for Sale at Jetty East Condo Destin, FL
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By Danny Margagliano, Danny "Wheels"
(World Impact Real Estate)
Search Sterling Sands Condos for Sale in Destin, FL Sterling Sands condo is a mid rise beachfront condo in Destin, FL.  Gulf views at Sterling Sands Desitn are availble from all units.  Sterling Sands condos have fully equipped kitchens and all condos have wahsers and dryers.  If you are intersted in buying or selling a condo at Sterling Sands Destin, FL call Danny Margagliano at 850-830-4747 Search all Condos for Sale at Sterling Sands Destin, FL  
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By Clayton Bonjean, Broker | Owner | MBA
(Mainsail Realty Company)
Destiny By The Sea - Destin FL - JUST SOLD! Click the link below to search Homes For Sale in Destiny By The Sea.   Destiny By The Sea Homes For Sale I just sold a luxury home in Destiny By The Sea in Destin Florida.  I acted as a buyer's agent in the transaction and my client is very happy with his purchase.  This home was a short sale and it took over 6 months from contract to closing.  The process took a while longer than normal because the seller was able to negotiate a full waiver of deficiency and we negotiated very hard on price.  We went back and forth many times with the lender to secure a great deal.  The home is in excellent condition with a gulf view and and an elevator.  The home was also offered completely furnished.  I love helping Destin Real Estate buyers and really enjo...
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By Wendy Rulnick, "It's Wendy... It's Sold!"
(Rulnick Realty, Inc.)
I was flattered to have been recently interviewed by Kiplinger Magazine regarding the state of short sales.  The story, "Escape the Debt Trap" is in the February edition of the magazine.  It highlighted one of my Destin Florida real estate client's experiences in short sales of her properties in Destin and Santa Rosa Beach, Florida.  Angela Angelovic hired me to help her "short sale" three houses over the last few years, two investment properties and a primary residence.  She is now on her way to rebuilding her financial life, feeling "relieved." The Kiplinger article emphasized that one-fifth of U.S. homeowners are "upside down" in their home's market value versus mortgage balance, and that short sale is a strategy that can help free you from your debt "trap".  Also discussed were met...
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By Danny Margagliano, Danny "Wheels"
(World Impact Real Estate)
Search all Homes for Sale in Regatta Bay Destin, FL Regatta Bay is a gated community in Destin, FL that is interwoven around the Reagatta Bay Golf Course and the Choctawhatchee Bay.  Regatta Bay is conveinently located next to The Destin Commons and the Mid Bay Bridge.  The homes in Regatta Bay are luxury custum built homes.  Homes start in the 400's along the Golf Course and up to the millions on the bay.  If you are interested in Buying or Selling in Regatta Bay Destin, FL call Danny Margagliano at 850-830-4747. Search all Regatta Bay Homes for Sale in Destin, FL
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By Wendy Rulnick, "It's Wendy... It's Sold!"
(Rulnick Realty, Inc.)
Regatta Bay, the gated golf course subdivision in Destin Florida, had 14 sales in 2011. Six were short sales and four were foreclosures, making distressed home sales the bulk of the market in Regatta Bay.  Who were the lien holders for these Destin homes?  Some of the short sale lenders were Flagstar,  Suntrust,  and Chase. The foreclosed homes that sold were owned by PHH Mortgage, Regions, Washington Mutual and First City Bank.  The incredible thing about the foreclosure sales was that one of the homes was never marketed as a short sale prior to foreclosure, another was only marketed for one month, one was marketed for six months but at a price far too high, and the last only for three months, with a 3 hour showing window available on some days of the week.  What does that tell you?  ...
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By John Moran, For Your Place At The Beach
(Keller Williams Realty's At The Beach Team)
Destin Harbor Front Homes For Sale You can Search all the Great Destin Harbor Front Homes For Sale Deals here including Destin Home Foreclosures and Destin Home Short Sales.   Here is what you will find regarding Destin Harbor Front Homes For Sale - even in the best of times there are not very many of them for sale at any given time so - if you want a Destin Harbor Front Home - you need to be able to find one early because they don’t last long.  Always remember - Good properties priced right always go fast.        For More information about Destin Harbor Front Homes For Sale check out The Destin Real Estate News where you will find information about:   Great Destin Homes: This is information about several really nice Destin Homes.  Great Destin Home Deals: where we list several of the ...
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By John Moran, For Your Place At The Beach
(Keller Williams Realty's At The Beach Team)
How A Destin Condo Short Sale Changed A Life Every now and then you run across a deal that actually changes someone’s life.  Earlier this year I had such a deal. Check this out. It Starts Like This: In 2004 our client bought a Gulf Front Condo in the Destin area with the idea that he would be able to quickly resell it for a giant profit.  The thinking was, everyone is doing it and getting rich, so why not me too?  Like so many other he buys a Gulf Front Condo for $790,000 and puts it on a rental program to get “some income” until the appreciation kicks in.  Sound familiar?    Then: The market turned on a dime in 2005 before he could sell.  This bad luck was followed by even more bad luck (oil spill – really, and oil spill?), the economy goes South …. And so on.  Sure enough he finds hi...
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