Take a look at this fabulous Destiny Homes for Sale.  This florida beach cottage features 5 bedrooms, a separate carriage house, and extra storage in the oversized two car garage.

destiny homes for sale

Destiny is a popular beachside community in Destin and has worldclass amenities including: deeded beach access, swimming pools, fitness center, tennis courts, and walking trails.

This home is a fantastic vacation rental and grosses over $43k annually.  Visitors love the layout of the home with its spacious rooms and decks that provide everyone with their privacy.

Priced at $699,000, this Destiny Home For Sale will not last long!

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Okaloosa Island is a stretch of white sand beaches that front the turquoise waters of the Gulf of Mexico.  For those looking at Okaloosa Island Condos For Sale, a quick review of sales data for the first quarter of 2010 might be helpful.

Okaloosa Island Condos For Sale - Key Data
  Q1 '09 Q1 '10 % Change
Condos Sold 14 33 136%
Average Sold Price $344,142 $273,278 -20.6%
Median Sold Price $316,500 $270,000 -17.2%
Highest Sales Price $600,000 $550,000  
Lowest Sales Price $175,000 $70,300  
Listings Under Contract 51 78 52.3%

As can be seen, sales of Okaloosa Island Condos have more than doubled this year while the average selling…

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I look at several Destin foreclosures each week but this one really caught my attention. When I pulled up to the home, my first impression was that the house was overpriced. However, I was pleasantly surprised when I took a look around.

While many Destin foreclosures require considerable repairs, the interior of this home was immaculate and the layout was fantastic for a vacation rental, 2nd home, or a weekend get away. The home has six bedrooms, 5 bathrooms, three large decks (including the observation tower), a swimming pool and is located less than 200 yards to the beach.

Unlike most foreclosures in Destin, this one is completely furnished. The only thing that needs fixed is the swimming pool. It is dirty and hasn't been used in quite sometime.…

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Destin Bayfront Homes


Joe's Bayou is one of Destin, Florida's most exclusive waterfront addresses for those seeking Destin bayfront homes and is popular among boating and yachting enthusiasts.  Joe's Bayou homes feature a diverse architecture style from basic Florida fishing cabins to luxury Medeterranean styled homes.  The home sites are large, over 1 acre in size, and many have swimming pools, guest houses, and are gated.


Anyone looking to purchase a waterfront home on Joe’s Bayou will be impressed with what this attractive bayou in Destin has to offer. Joe's Bayou homes are perfect for entertaining, year around living, or as a second home.  The privacy and serenity are only interuppted by the pelican's swooping down for one of the many bait fish…

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Destin Foreclosures, priced at market value, are leading the way in reducing the number of  available homes for sale in the area. 

Many buyers are anxiously looking at recent selling prices in an attempt to "guess" the market bottom. However, the first sign of  a strenghtening Destin real estate market is found by analyzing inventory trends*.

As demand fell for Destin homes in 2005, 2006, and 2007 (see chart below), inventory rose dramatically.  The primary reason for this was unrealistic sellers overpricing their homes. Buyers were looking but unwilling to pay the list price.

In late 2007, REO managers started listing foreclosures in Destin.  Often times, their list prices were more than 30% below competing homes.  Over time, traditional sellers…

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I get a lot of calls from people looking for a "deal".  I ask those folks to tell me what they mean but most people can't answer the question.

So if you want a deal, but can't exactly define one, I analyzed Junes sales of condos in Destin, FL on the gulf and this is what I came up with as the top 3 buys for Jun '09:

1. Grand Dunes, South Tower, Unit 550.  The specs for this unit are as follows:
2870 sf; 4br/4ba, direct gulf front, built in 2006 and sold for $975,000.  That works out to $339 per sf for a luxury gulf front condo. This was a normal sale and not a foreclosure or short sale.

2. Pelican Beach, Unit 310. The specs for this unit are as follows: 873 sf, 1br/2ba, direct gulf front, built in 1997 and sold for $237,500.  That works out to…

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The developer for Waterscape Condominiums has recently released several units for sale at steeply discounted liquidation prices.  Waterscape is an upscale, kid friendly, beach front, condominium located on over 490 ft of beach front on Okaloosa Island.

Waterscape is loaded with amenities including: lush tropical pool with zero entry, splash and wading pools for the kids, lazy river, fitness center, tiki bar, and much more.

The units are well-equipped with stainless steel appliances, crown molding, 9 ft. ceilings, tile, and carpet.  There are condos available in 1, 2, and 3 bedrooms. The sizes of each are:

1br:   864 square feet
2br:  1292 square feet
3br:  1490 square feet

Click the link below for a complete listing of condos available at…

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Demand for condos in Destin and along the Emerald Coast has picked up dramatically in the past 4 months.  This was to be expected with the precipitous decline in prices experienced in the past few years.

As a realtor, you would think I would be ecstatic. However, there's one major problem.  Fannie Mae, who provides financing for the bulk of residential properties in the country is now  refusing to finance condos.  Ok, that's not entirely true.  They will still finance condos that fit a very specific criteria.  The problem is that very few, if any, condos along the Emerald Coast of Florida, meet the criteria.  These are the same folks that Fannie Mae was literally throwing money at back in 2004 and 2005 to fund their condo purchases.  This is further…

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I received feedback from the bank today on two short sales. 

One was a beach front condominium in Destin that I had presented an offer of $210,000 to the bank about 3 months ago.  After several frustrating weeks of little to no communication from the bank, they finally called and told me that the appraisal came in at $260k and to bring another offer.

The second communication was regarding a home for sale in Destin.  The offer had been presented at $170,000 about four months ago.  Again, after several weeks with little to no communication, the bank came back and said that the property appraised for $200,000 and to bring a better offer.

What's the point? Simply this: APPRAISALS ARE THE HOLY GRAIL FOR THE BANKS. Listing a home or presenting an offer…

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For the past couple of years, we have all been talking about the correlation between property taxes and individuals ability to afford homes along the Emerald Coast.  After a couple of years of heated debate, Amendment 1 was put to a vote this week.  The amendment passed overwhelmingly this week as most residents want their tax bills lowered. 

The Key Points of Amendment 1 Are:

  1. It doubles Florida’s Homestead Exemption to $50,000 for non-school taxes.  The previous exemption was $25,000
  2. It Provides Portability.  This means that homesteaders can transfer $500,000 worth of the non-taxed value they’ve accumulated over the years to their next home.
  3. It does not take away the Save Our Homes Cap of 3%.
  4. Businesses receive a…

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