All About Townhomes in Destin & the Scenic 30A

Have you ever considered buying a townhome? In the Destin and Scenic 30A area there were 1,773 listings sold in the last three months. Townhomes made up 10% of these sales, behind single-family homes and condos.

Destin Townhomes differ from condos in a very specific way. With a condo, you share ownership of the roof, the underlying ground, and other common areas. With a townhome, you own the ground up to and including the roof. The only thing you share in a Destin townhome with your neighbor is the wall that separates you and any common amenities such as pool or tennis courts.

Destin townhomes offer a low maintenance lifestyle without sacrificing the space one is used to in a single-family home. Sizes range from cozy patio homes under 1000 sq. ft.…

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Destin Market Summary - October 2016

Sales in Destin and along Scenic 30A remain brisk as we enter fall. While units sold declined slightly, total dollar volume of sales increased. Inventories are near an all time low and we are seeing upward pressure on prices.

The next 8 weeks represent the seasonally best buying opportunity of the year. Most are focused on the holidays allowing savvy buyers an opportunity to negotiate with more anxious sellers.

For those taking advantage of this prime time of year for buying, we've included some tools to assist with your search. Secrets to Buying a Profitable Condo Rental, is worth a read, especially for anyone considering a possible rental investment. Spotlight on Seagrove Beach highlights a less commercial area of the Emerald Coast, perfect for a…

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Spotlight on Seagrove Beach

Seagrove Beach - A Bit of the Old & New

Seagrove Beach is a real treasure among the Scenic 30A Gulf front communities. Here, you won't find the wall-to-wall high rise condos as you would in Destin. Seagrove Beach is a charming beach neighborhood that has held fast to its roots. It's a blend of new and old visitors, some who have been returning here for generations. Especially enjoyed by families, the uncrowded white sand beaches offer hours of entertainment for the kids.

Home owners include a combination of permanent and seasonal residents. The abundance of natural beauty in the area, makes it easy to find a private homesite with a view. Large beachfront condos gather at the shore, where smaller homes are set back slightly. Others prefer the peace…

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Not to Be Missed Events in Destin & Scenic 30A

The entire Destin area and surrounding towns along the Emerald Coast is bustling with activities. Farmer's Markets, Fishing competitions, champagne strolls, wine and beer tasting, there is always something going on. We'll do our best to keep this list updated with the most popular events in the area. Please let us know if you have an activity you'd like added to the list.

MARCH, 2017

20th Annual Destin Cobia Tournament - March 1 - April 30th
The 20th Annual Destin Cobia Tournament presented by HarborWalk Marina attracts hundreds of first time to experienced anglers to compete. Tournament begins when the first cobia is caught and ends April 30th. This is a free event. http://harborwalkmarina.net/tournaments-and-events/

Seaside School Half…

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Congratulations New Summer Home Buyers!

Congratulations to these new home and condo owners in Destin and Fort Walton Beach. If you're new to the area, "welcome," you're going to love it. We're happy to help you find the perfect place to call "home."

Sold by Tim for 99% of the asking price in under 3 months!

$1,274,000 | MLS #752725
47 Tranquility Lane, Destin, FL 32541
New construction home in Destiny East.

Sold for 93% of the asking price by Niki.

$500,000 | MLS #724321
830 Gulf Shore Dr #5064, Destin FL
This beachfront condo in Tides of Destin was listed with another office for 505 days, when Niki discovered it and presented it to one of our clients.

Sold by Tim for 93% of the asking price in under 2.5 months!

$475,000 | MLS #754965
8541 Turnberry Court, Miramar…

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Destin Market Summary - September 2016

Here is the latest summary of the Destin real estate scene for September 2016. This gives you a snapshot of home, condo and land sales in Destin FL and the surrounding Emerald Coast.

Total residential sales for Destin and the surrounding towns were $267,488,702 with an average sale price of $432,830. Properties averaged only 123 days on the market with a closing price of 96% of the asking price. This was a robust September market, that sold more single-family homes and townhomes then the same time in 2015. Condo sales were down slightly, but prices increased 11%.

Strong September performing areas included:

• Fort Walton Beach: 141 sales
• Navarre: 122 sales
• Destin: 85 sales
• Niceville: 79 sales

Destin Home Sales

72 single-family…

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Council Updates for Walton and Okaloosa County

Okaloosa County Updates

The Destin City Council recently established the budget for 2016-17 which includes a 7.6% increase in property taxes.

The new millage rate will be 1.615. Here are some of the areas the extra money will be used:

• Stormwater and sidewalk repairs
• A marine unit with a personal watercraft for the Okaloosa County Sheriff’s Office
• Increased law enforcement coverage for spring break

Other decisions that resulted from the latest council meeting:

• A temporary tree-cutting ban
• With the 30-year contract with Gulf Power coming to an end, the council has decided to take proposals to do a feasibility analysis for purchasing the city's electrical utility. I wonder how many thousands of dollars they'll spend before…

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Are You Ready for the 2016 Destin Fishing Rodeo?

Are you ready for one of Destin's most anxiously awaited events? Taking place during the month of October, the 68th annual Destin Fishing Rodeo is coming up fast. Almost 1 year in the planning, the committee barely gets through one rodeo, when they have to start planning for the next year. Whatever they're doing, it works. The rodeo benefits the entire community and everyone gets involved. Even if you don't fish, there is always something going on at the docks.

Fishing Rodeo Quick Facts

• Participants come from all over the U.S. several countries, and last year spent $1.4 million on hotels, food and recreation
• Charter boat registration is even higher this year
• Over 200 awards are offered, all sponsored by local businesses
• There are 19…

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Eastern Shipbuilding Secures $10.5 Billion Contract

Eastern Shipbuilding, from the Panama City area has been awarded a huge $10.5 billion contract to construct the first series of nine offshore coast guard patrol cutters. The largest contract in U.S. Cast Guard history, this local company competed against seven other shipyards who also submitted proposals.

This contract translates to about 2,000 new jobs for the people of Northwest Florida. About 800 employees will be added to Eastern Shipbuilding's payroll, with a number required later on a contract basis for design and construction. Varying craftsmen jobs, engineering and administrative roles will be required. People will probably travel from as far as Okaloosa, and Fort Walton Counties for these opportunities.

It's really great to hear about a…

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Emerald Coast Condo Price Comparison for August

Perhaps you're considering purchasing a condo on the Emerald Coast, maybe for an investment, but you're not sure where. With so many places to choose from, sometimes it's hard to know where to begin. This graph below shows the average condo sale price for August 2016 in these popular areas along the Emerald Coast. It also shows the comparable price from August of 2015, so you can see just how your investment would have fared.

Notice, real estate along 30A West and the Miramar Beach, Sandestin Resort areas showed the most gains. 30A East and Navarre, showed some depreciation. This is only for one month, we'd be happy to send you updates for sold listings, or a monthly report of the stats in desired areas.

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