Rosemary Beach REO – 21 Round Rd

New REO in Rosemary Beach 21 Round Road – HOT PROPERTY ALERT!

SOLD for $1.9mil. Cash with quick close on April 24, 2015!!

UPDATE: Highest and Best Deadline 5pm CST April, 1st 2015.
UPDATE: Under Contract April 3rd, 2015 – only 9 days on market!

21 Round Road is a bank owned luxury home listed for $1.75mil in Rosemary Beach Florida. This amazing home on the Gulf side of Rosemary Beach, is in fantastic condition, and sells ready to rent or live in! Bank Owned homes do not come on the market very often in Rosemary Beach. The last REO on the south side of Rosemary Beach was 102 Round Road in 2012 for $1.45mil. It is back on the market as a resale for $3.295mil!

21 Round Road in Rosemary Beach will not last long. Call Craig @ 850-259-1788 for more info or email us.

Summary of 21 Round Road – REO

Whether you are looking for a second home or a rental investment property south of 30A, this Rosemary Beach REO has lots to offer. Situated in Rosemary Beach near Seacrest Beach, Alys Beach, and WaterSound, this home’s location simply can’t be beat. Only a short drive from the Northwest Florida Beaches International Airport, and close to all the shopping, dining, and community events along Scenic 30A. The sugar white sand beaches are only a short stroll away at the end of Green Turtle Ln. Enjoy Rosemary Beach’s finest amenities like swimming, tennis, fitness, parks, shopping and dining at your fingertips and within steps of this 5 bedroom, 4 and 1 half bath, 3 story coastal retreat.

This home boasts a wonderful floor plan with the kitchen, living, & dining room, 1 bedroom & 1 1/2 baths on the 1st level. Large master suite, bunk room, guest bedroom & 3 baths are located on the 2nd level. An enchanting courtyard with a small splash pool separates the main house and the fully appointed carriage house atop a 2-car garage. The carriage house features a full kitchen, living/dining room, half bath and built in bunks on 1st level. The second level includes a master bedroom and bath. Both the main house and the carriage house include an abundance of porches to enjoy the salty gulf breezes in the summer and the cool nights in the winter.

21 Round Road
Rosemary Beach, FL 32413
2,850sf or $614.04/sf
5 Bedrooms | 4.5 Baths
Built in 2004
REO
Offered at $1,750,000

Call Craig @ 850.259.1788 for more information about this Rosemary Beach REO!

Most Expensive Short Sales and Foreclosures Sold on 30a and Destin 2014

I have been tracking bank owned property and foreclosures for many years, and in 2014 we experienced a drastic decline in bank owned properties. I personally sold only two bank owned properties out of over 39 closed transactions in 2014. This was a significant decline and is a sign of the market recovery process. Foreclosures on 30A were down with only 31 REOs sold in 2014 compared to 48 in 2013 and 77 in 2012.

What does this all mean? Foreclosures are declining and many of the properties are high profile properties and thus the buying process gets very competitive. For example, 39 Sailfish came on the market in Seacrest Beach as an REO. There were over seven offers in 48 hours and I personally brought in 4 offers on the property which eventually sold for $50K over the asking price.

2014 had some very expensive REOs sell in 30A and Destin, however, nothing will beat the volume of Bank Owned Property in 2012.

2014 – REOs Sold Over $1 Million: 5 totaling $8,675,000
2013 – REOs Sold Over $1 Million: 6 totaling $8,270,785
2012 – REOs Sold Over $1 Million: 10 totaling $18,691,000

2013 Most Expensive Short Sales and Foreclosures Sold on 30A and Destin
2011 Most Expensive Short Sales and Foreclosures Sold on 30A and Destin
2010 Most Expensive Short Sales and Foreclosures Sold on 30A and Destin

Search Most Expensive Foreclosures and Short Sales for Sale on 30A and Destin

 

#1 Most Expensive Distressed Property Sold – 8858 E Co Hwy 30A in Seacrest

20140130001703651156000000-o8858 E Co Hwy 30A, a bank-owned property, was the most expensive distressed property sold in 2014. This 4-story, 6,724sf unique modern coastal retreat features 6 bedrooms, 9 full bathrooms and 2 half baths. Built in 2009 this beautiful gulf front home offers unobstructed gulf views, 2 master suites on the 3rd floor, a kitchen on the 2nd and 4th floors, gulf front pool with private beach access and luxury upgrades throughout. This REO sold for $3.5 million in September 2014.

 

#2 Most Expensive Distressed Property Sold – 4549 Scenic Highway 30A in Santa Rosa Beach

20140130074412343875000000-oThis gated Mediterranean compound on the West end of 30A is a massive 3-story retreat at 7,464sf with 6 bedrooms and 8 full baths. Built in 2000, this stunning Gulf front estate sold as a short sale for $2.55 million in January 2014.

 

 

 

 

#3 Most Expensive Distressed Property Sold – 606 Lagoon Dr in Holiday Isle

20140226194226687979000000-oThoughtfully designed with a gourmet kitchen, a wine tasting/storage closet, a built-in cigar humidor, 2 fireplaces, a steam shower and an elevator, this beautiful Holiday Isle home was built in 2008. This three-story, 7 Bedroom, 4 ½ Bath home was an REO that sold in May 2014 for $1.7 million.

 

 

 

#4 Most Expensive Distressed Property Sold – 3484 Scenic Hwy 98 in Destiny Shores

20140228141317034689000000-oThis pristine and well-maintained 3 bedroom Gulf-front home in Destiny Shores has deluxe upgrades at every turn. High ceilings adorned with crown molding, a gourmet kitchen equipped with high-end appliances and morning kitchens in the master bedroom and guest suite enhance the luxurious yet comfortably livable feel of the home. 3483 Scenic Hwy 98 is a modestly sized 2,641sf home with 3 bedrooms and 4 full baths. It sold as a short sale for $1.55 million in November 2014.

 

#5 Most Expensive Distressed Property Sold – 662 Harbor Blvd #1040 in Destin

20140131052341705656000000-oExquisite 2-story unit in Grand Harbor with breathtaking views of the Gulf of Mexico and the Destin Harbor. Features include upgraded travertine flooring, granite countertops, built-in bookcases, wet bar, gas fireplace, and sound-proof home theater. This Grand Harbor unit sold as a Bank of America foreclosure in April 2014 at $1.17 million, making it the 5th most expensive distressed property sold in 2014.

 

 

Premier Development Parcel on the Emerald Coast – Sunset Pass at Lake Powell

Sunset Pass at Lake Powell is the Emerald Coast’s Premier Waterfront Development Parcel

IMG_2865During the real estate market boom in 2004 and 2005, development parcels were the most coveted real estate. Developments  on Scenic 30A, Destin and Panama City Beach would be instant cash cows for the savvy developers. When the market crashed many of the prime developments were left unfinished or completely abandoned and became bank owned property. In 2011 many investors realized the potential of purchasing development tracts along the Emerald Coast. DR Horton and Kolter Homes bought many of the developments and the Emerald Coast has since becomes DR Horton’s #1 selling market in the country.

Sunset Pass has been off the market since 2006 while it’s owners waited out the market downturn. It is truly one of the last hidden gems on the Emerald Coast. With it’s ideal location, gulf and sunset views, this exceptional development site represents a once in a lifetime opportunity to own a race piece of Florida waterfront property.

Sunset Pass is an exceptional and rare investment opportunity to acquire one of the most highly desired waterfront development parcels in the Florida Panhandle.

Located on the eastern end of Philips Inlet on Lake Powell, this 39 acre site was recently approved for a 117-lot residential PUD with 22 waterfront parcels and boasts approximately 1,721 linear feet of water-frontage. Prime location convenient to Scenic Hwy 30A including Rosemary Beach and Alys Beach; Pier Park; and the Northwest Florida Beaches International Airport. With 39 contiguous waterfront acres and its stunning, unobstructed sunset views over the Gulf of Mexico and Lake Powell, Sunset Pass sets itself apart as one of the most highly desirable development sites on the Emerald Coast as well as the largest available from Destin to Panama City Beach.

For more details on this exceptional development opportunity please call Craig Baranowski 850.259.1788

23515 Panama City Beach Pkwy
Sunset Pass at Lake Powell
39.51 Acres Raw Land
1,721ft waterfront
2,147ft Frontage on PCB Pkwy
Zoned SR1 15 units/acre
Please call Craig @ 850.259.1788 for pricing and more information.

Emerald Grande REO Under $530K

20140729200927132232000000-oEmerald Grand Waterfront 3 Bedroom Unit W422 is a Wells Fargo REO

REDUCED to $509K!!

Emerald Grande is a waterfront condo on the west side of Destin overlooking Destin Harbor. Similar units in Emerald Grande generated $40K to $50K in gross rental income in 2013, several with over $53K booked through 2014. Priced just under $510K, this 3 bedroom unit originally sold in 2007 for over $750,000. This is a Wells Fargo REO. Emerald Grande Unit W422 is in good condition featuring several upgrades, including crown molding and stainless steel GE appliances. Phenomenal views of the Destin Harbor, East Pass, Destin Bridge and the Gulf of Mexico from the spacious private balcony overlooking the pool. This unit was recently updated with fresh interior paint and new carpet.

Emerald Grande amenities include 9,700 SF European spa and fitness center, state of the art business center with high speed wireless internet, on site restaurants and lounges, two marinas, full service valet and underground parking.

This Emerald Grande condo will not last long. Contact Craig Baranowski @ 850-259-1788 for more details.

Emerald Grande Unit W422
10 Harbor Blvd, Unit W422
Destin, FL 32541
1,249sf or $424/sf
3 Bedrooms | 2 Baths
Built in 2007
Wells Fargo Bank Owned Property/REO
Offered at $509,000

SOLD – $399,900 on January 27th, 2015

Emerald Grande Condos for Sale

Destin Gulf Front Short Sales & REOs

Interested in other great deals on short sales and REOs in Destin, 30A and Panama City Beach? Sign up for our newsletter or email us and we will get you on a foreclosure alert!

Village of South Walton 3 Bedroom REO Under $315K

SunTrust Bank Owned REO in Seacrest Beach: Village of South Walton Unit C318 – HOT PROPERTY ALERT!

Looking for a great investment or second home in Seacrest Beach? Village of South Walton unit #C318 is a SunTrust REO listed for $314,900. This fantastic deal in Seacrest Beach is expected to earn $30K to $35K annually in gross rental income.

This property will not last long. Call Craig @ 850-259-1788 for more info or email us.

Terrific location on 30A in Seacrest Beach! This 3rd floor unit overlooks the Peddler’s Pavilion which features a wide variety of shopping and dining from chic boutiques and bike rentals to Orange Leaf Frozen Yogurt, La Cocina Mexican Grill & Bar, and Acme Ice House. Located between Rosemary Beach and Alys Beach, this community offers convenient access to shopping, dining, and recreation in the surrounding communities of Seacrest Beach, Rosemary Beach and Alys Beach. In addition to close proximity of Seaside and WaterColor.

With Travertine flooring, maple cabinets in the baths and kitchen, brown granite kitchen countertops, and cultured marble in the baths, this unit is designed to wow! After admiring the view from your own private balcony overlooking 30A with peeks at the Gulf, take advantage of community amenities including a heated pool and access to Seacrest Beach’s 12,000+sf lagoon pool, or take the community’s tram service to deeded beach access through Sunset Beach.  All this right on 30A for $34K less than the next least expensive 3 bedroom unit currently listed in Village of South Walton. Don’t let this incredible opportunity pass you by!

10343 E Hwy 30A, #C318
Seacrest, FL 32413
1,326sf or $237.48/sf
3 Bedrooms | 2 Baths
Built in 2005
SunTrust REO
Offered at $314,900

SOLD – $316,000 on December 10th, 2014

All Village of South Walton 3 Bedroom Units
All Village of South Walton Units

Sunrise Beach Gulf Front REO for $270K

Sunrise Beach Gulf Front Unit 2002 is a Fannie Mae REO

Under Contract in less than 24 hours!

Sunrise Beach is a waterfront condo in Panama City Beach and close to Pier Park. Similar units in Sunrise Beach will generate $40K to $50K in gross rental income. Sunrise Beach units are in high demand with only 4 currently on the market. Priced at $270K it is currently listed $50K less than the last 4 sales of two bedroom w/ bunk room plans at over $315K. This is a Fannie Mae REO and is back on the market. Fannie Mae is not offering a first look period for primary residents, nor are they offering HomePath financing on this foreclosure. The unit is in good condition, but will need new appliances, carpet and fresh paint.

Sunrise Beach offers its residents hundreds of feet of dedicated gulf front beach, 5 story covered parking garage under the building, on-site gulf side gym, two pools and hot tubs, and children’s water play area. You’re also walking distance to many restaurants and just a 3 minute drive to Pier Park.

This Sunrise Beach condo will not last long. Contact Craig Baranowski @ 850-259-1788 for more details.

Sunrise Beach Unit 2002
14825 Front Beach Road Unit 2002
Panama City Beach, FL 32413
1,242sf or $217/sf
2Bedrooms | 2 Baths w/ Bunk Room
Built in 2005
Fannie Mae Bank Owned Property/ REO
Offered at $270,000

SOLD – $270,000 on September 12, 2014

Sunrise Beach Gulf Front Condos for Sale

Seacrest Beach REO for $599K

39 Sailfish Street in Seacrest Beach is a SunTrust REO

Sold for $650K in August 2014 by Team Baranowski. Multiple offers!

There are very few bank owned properties available that will come on the market in Seacrest Beach after the influx of distressed real estate in 2010 and 2011. 39 Sailfish Street was listed as a short sale in 2013 for $799,000 and was under contract when it foreclosed. The property has since foreclosed and is owned by SunTrust and is now a bank owned property and listed for $599K.

A lot has changed to the property since it was originally listed as a short sale. The property is in need of some TLC as many of the interior finishes have been removed. The cabinet panels and drawers have been removed in the kitchen and many of the fixtures and sinks have been removed. This is the bad news. The good news is that a savvy buyer can snatch this property up at a fantastic price on a home in Seacrest Beach. It is hard to envision what the home would look like fixed up based upon its current state. However, I am posting photos that I took last year when it was a short sale.

If you are looking for a great buy on a distressed property on Scenic 30A, this is a great home to consider. 39 Sailfish is one of the larger homes in Seacrest Beach and has a carriage house. This 5 bedroom / 5 bath home is 3,059sf and is priced at $196/sf which is well below the current $260/sf to $300/sf selling price point in Seacrest Beach. With its convenient location on the eastern end of 30A in Seacrest Beach, you are walking distance to Rosemary Beach and the shops at the Village in Seacrest which includes the new Acme Ice House and La Cocina.

This home will not last long. Contact Craig Baranowski @ 850-259-1788 for more details.

39 Sailfish Street
Seacrest Beach, FL 32413
3,059sf or $196/sf
5 Bedrooms | 5 Baths w/ Carriage House
Built in 2005
SunTrust Bank Owned Property/ REO
Offered at $599,900
SOLD – $650,000 August 20, 2014
 

Click below to see the most recent photos of this property:
39 Sailfish Street Property Photos from June 2014

39 Sailfish Street Property Photos from 2013 (Please see current MLS photos to view current condition of home)

 

Most Expensive Short Sales and Foreclosures Sold on 30A and Destin 2013

2013 was a game changer for foreclosures and short sales along the Emerald Coast. Foreclosures have skyrocketed in popularity with the ease of purchasing and lender incentives offered to prospective purchasers. These bank owned properties were highly sought after by buyers and created a purchasing frenzy in the market. I sold 52 properties in 2013 and many were bank owned REOs. Almost everyone of the foreclosures involved a highly competitive bidding scenario, one REO had 24 offers in 12 hours being on the market. It takes a savvy agent and a determined buyer to snatch these properties up. I will write up a post on shorts sales and foreclosures and how the market has changed in the next few weeks. In the meantime, enjoy the Most Expensive Short Sales and Foreclosures sold on 30A and Destin in 2013 list!

Search Most Expensive Foreclosures and Short Sales for Sale on 30A and Destin

#1 Most Expensive Distressed Property Sold – 12 White Cliffs Crest in The Village of White Crest

12 White Cliffs Crest in The Village of White Crest most expensive short sales and foreclosures sold on 30A12 White Cliffs Crest was the most expensive distressed property sold in 2013. This unique Italian villa features Roman statues on the front of the house, as well as other European-inspired details inside. Built in 2000 this beautiful gulf front home offers gulf views from 3 of its 5 bedrooms. This 4,400sf home with 5 Bedrooms, 5 full Baths and 3 half baths was a short sale and sold for $2.5 million in July 2013.

 

#2 Most Expensive Distressed Property Sold – 156 Kingston Rd in Rosemary Beach

156 Kingston Rd in Rosemary Beach most expensive short sales and foreclosures sold on 30AThis beautiful beach house in the heart of Rosemary Beach is a spacious two-story retreat at 4,919sf with 4 bedrooms and 4 baths offering deeded beach access. Built in 2009, this home sold as an REO for $1,475,000 in December 2013.

 

 

 

#3 Most Expensive Distressed Property Sold – 92 West Yacht Pond Ln in Watersound Beach

92 West Yacht Pond Ln in Watersound Beach most expensive short sales and foreclosures sold on 30AThoughtfully designed with marble countertops, ebonized walnut floors, and laundry on the 1st and 2nd floors, this beautiful Watersound home was built in 2008. This three-story, 4 Bedroom, 4 ½ Bath home was a short sale that sold in January 2013 for $1,450,000.

 

 

#4 Most Expensive Distressed Property Sold – 137 St Lucia Ln in The Retreat

137 St Lucia Ln in The Retreat most expensive short sales and foreclosures sold on 30AThis luxury 6 bedroom, 5 ½ bath home in The Retreat boasts scenic gulf views from 3 stories of porches and balconies, as well as an impressive kitchen and separate guest apartment above the garage. This 5,022sf home was an REO and sold for $1,450,000 in August 2013.

 

 

#5 Most Expensive Distressed Property Sold – 223 Somerset St in Alys Beach

223 Somerset St in Alys Beach most expensive short sales and foreclosures sold on 30AExquisitely decorated by Georgia Carle, this Alys Beach villa was featured in Veranda Magazine. This home, which is conveniently located directly across from the Caliza Pool and is 2,484sf with 3 bedrooms and 2 ½ baths, sold for $1.4 million in January 2013.

5 Million Dollar Gulf Front REO on 30A

8858 East County Highway 30A is the second most expensive gulf front REO of all time!

Since 2008 there have be only 20 gulf front homes that are bank owned REOs. The most expensive to date is the one of a kind showplace 4700 Ocean Boulevard in Destiny By the Sea in Destin Florida. This 8,820sf gulf front REO sold for $5,550,000 in February 2012. The second most expensive gulf front REO of all time on the Emerald Coast is located on the eastern end of Scenic 30A in Seacrest Florida. This contemporary gulf front residence is a massive 6, 724sf encompassing 4 levels with 6 bedrooms, 9 full baths and 2 half baths.  This full custom master piece showcases the premium gulf views from all levels of the home and is tricked out with all the high end finishes one would expect for a 5 million dollar home. This amazing home with a gulf front pool is designed for a big family or as a serious rental machine. The rental projections for this home are over $360,000 in gross rental income! With 20% down on this property you will cash flow over $60,000 per year or a cash on cash return of 6.67%. If you are looking for the ultimate gulf front retreat on Scenic 30A, this amazing home may be for you.

This amazing home is a must see. Call or text Craig 850.259.1788 or Tracy 850.259.4270 for a private showing.

8858 East County Highway 30A

Offered at $4,950,000 – Reduced to $4,500,000
Built in 2009
6,724sf
6 Bedrooms | 9 Baths | 2 Half Baths
4 levels
Gulf Front
REO/ Bank Owned

SOLD – $3,500,000 September 9, 2014

Sunrise Beach REO 44 Day Break Hot Property Alert

South Side 30A REO in Sunrise Beach Subdivision Needs TLC

9/30/2014 Update: SOLD! – $625K

6/19/2014 Update: Back on Market! Listed for $739K!

4/18/2013  Update: Property taken off market due to title issues call for more info 850.259.1788

Multiple Offer Scenario – Highest and Best by Saturday February 2nd 2013

44 Daybreak in Santa Rosa Beach Suntrust REOLocated on the South Side of Scenic 30A 44 Day Break is a SunTrust Mortgage REO. This home in the popular Sunrise Beach gated subdivision in Santa Rosa Beach is priced right at $410,000. 44 Daybreak is a large vacation home at 2,899sf, 4 Bedrooms, 4 Baths, 3 Stories and a pool. There are extensive porches to enjoy a balmy summers day on 30A with the the third floor porch offering gulf views. It is a very short walk to the private community beach access from this home.

Priced at $141/sf this home built in 1998 needs some TLC to get it back in shape. As with many REO’s on 30A, this particular one have great bones, but has been neglected for some time. From my assessment this home will need some repairs on the outside decks and stairs, exterior and interior paint. In addition, the exterior doors are in need of some serious love to get them functional. No signs of major issues or water leaks from my initial walk through.

44 Daybreak will sell very quickly and has been priced to sell in a multiple offer scenario. If you are interested in this property Craig Baranowski 850-259-1788 or Tracy Baranowski 850-259-4270 or email us info@teambaranowski.com.

44 DayBreak Court in Santa Rosa Beach
$739,000
SunTrust REO
2,899sf
4 Bedrooms | 4 Baths | Pool | 2 Fireplaces
Built in 1998
3 Stories
South Side of Scenic 30A
 
Here is an extensive photo gallery of 44 Daybreak. Please call 850-259-1788 with questions.

Redfish Village M1 407 Hot Property Alert

Redfish Village Short Sale Hot Buy on 30A!

UPDATE: SOLD for $365,000 in November 2012!! Two offers in first 3 hours on the market!!

Redfish Vllage M1 417 Short Sale REORedfish Village Luxury Condos in Santa Rosa Beach has long been a highly sought after community for it prime location, unique architecture and abundance of luxury amenities. In April of 2011 the remaining 57 developer units were released from a bulk buyer and the units sold out completely in a few weeks. This bulk sale was the beginning of the market rebound on Scenic 30A where record sales are being established in luxury communities such as WaterColor, Rosemary Beach and WaterSound.

Since the developer release at Redfish Village, new inventory has been sparse, keeping demand and buyer interest high for premium units. Unit M1 417 is a fourth floor corner unit in Redfish Village. This unit has amazing gulf views from the Living Room, Master Bedroom and large corner balcony. Originally, selling for $1.3mil this unit is a STEAL at $375,000!

This is a LENDER INITIATED SHORT SALE. Sales price and short sale terms have already been pre-negotiated and pre approved. Lender is committing to a 48 turn around on all offers.

This was the model unit at Redfish Village. Spacious 3 BD / 3 BA unit + bunk features stainless appliances, granite counter tops, & wood floors. This top floor unit also features gulf views from the living room, dining room, & master bedroom. You will also enjoy gulf views from your large corner balcony. Redfish Village owners enjoy private beach access, swimming pool, & Big Redfish Lake. Redfish Village is located just minutes to Seaside & WaterColor. Make this your escape to the beach! Redfish Village includes an open-air gathering place, luxurious pool, and the Redfish Village Beachwalk — an owners only private gateway and vista to the white sand beaches of the Gulf of Mexico. Other amenities include a private owners’ lounge with a sunlit reading room, and children’s play garden. This unit has an assigned covered parking space.

For more information on 102 Round Road in Rosemary Beach Florida please call Craig Baranowski 850-259-1788 or Tracy Baranowski 850-259-4270 or email us info@teambaranowski.com.

Redfish Village Unit M1 417
2050 Hwy 30-A West
Santa Rosa Beach, FL 32459
Built in 2007
1,6357sf
3 Bedrooms | 3 Baths
Lender Initiated Short Sale
Offered at $375,000
 

30A REOs and Bank Owned Property Search

Redfish Village Condos for Sale

Rosemary Beach REO 102 Round Road Hot Property Alert!

Rosemary Beach Foreclosure Hot Buy 102 Round Road

SOLD! May 10 2012 for $1.450mil!!

102 Round Road Rosemary Beach Florida is an REO30A Foreclosures have been extremely popular as they are typically great buys with easy closing terms. DistressedPropertyExpert.net foreclosure link 30A REOs and Bank Owned Property has been clicked over 19,000 times on our website. All of our hot property alerts we have published since 2010 have either sold or are under contract! Rosemary Beach homes have been very hot sellers for the past 12 months breaking sales records dating back to the beginning of the towns inception. When I previewed this home within the first hours of it hitting the market, there were already 3 buyers and several agents in the house. If you want a large Rosemary Beach Home on the South Side of 30A this home should be at the top of your list. 102 Round Road will not last long on the market!!

102 Round Road is a spectacular home situated on the South Side of Rosemary Beach on a large corner lot. This home has generated over $100K in gross rental income in one year when it was on the rental market. This custom Rosemary Beach home is in excellent condition and offers 6 bedrooms, 4.5 baths and approximately 3,787 square feet. This New Orleans style home was built with entertainment in mind featuring plenty of room for indoor and outdoor entertaining. The outdoor living area features dining, fountain, courtyard and 16 gas lanterns. Inside boasts exquisite architectural design and meticulous construction throughout. This home features 16 foot ceilings on the second level, two story master suite with private stairs, large fully equipped kitchen, formal dining, gas fire place, tower room with wet bar and much more. The carriage house has a 2 car garage below with a 1 bedroom, living and full kitchen above. Imagine closing the front door and strolling down the boardwalk past masterfully designed cottages, gardens and parks. Walk to one of the beautifully designed community pools or down the street to the dune walkover to enjoy the white sand beaches and emerald waters of the gulf coast. The Rosemary Beach town center features restaurants, shopping, the Town Hall and Post office. Sand paths and boardwalks weave through the tranquil cottages and common areas providing a haven for pedestrian traffic, community, and respite from gridlock, crowds and stress.

For more information on 102 Round Road in Rosemary Beach Florida please call Craig Baranowski 850-259-1788 or Tracy Baranowski 850-259-4270 or email us info@teambaranowski.com.

Rosemary Beach 102 Round Road
Built in 2002
3,787sf
6 Bedrooms | 4.5 Baths
Bank Owned
Offered at $1,475,000
 

30A REOs and Bank Owned Property Search

Rosemary Beach Homes for Sale

R0semary Beach Market Snapshot and Market Analysis

 

 

Seaside REO 304 Ruskin Place Under 1 Million

Three story “row house” in Seaside’s Ruskin Place Artist Community

UPDATE: Sold for $940K in May 2012!!

304 Ruskin Place in Seaside Florida

304 Ruskin Place Seaside Florida. I took this picture in April 2004

Every now and then a special property comes along that makes you dream about what it would be like to own that special spot. And every now and then an investment opportunity comes along that screams “solid endeavor”. Now imagine combining those two elements…doesn’t happen often, but it does. 304 Ruskin Place in Seaside Florida has that unique magic of not only being a solid investment opportunity but also a charming property that would bring many happy memories.

Ruskin place is located on the north side of Seaside’s town village. It is comprised of galleries, studios, private residences, and rental units. With white lights strung across the courtyard, the setting is something out of Charleston or Savannah. With only sixteen of these row houses’, each one taking on a personality of its own, it is very rare for one of these to come on the market…even more rare to come on the market as an REO or Distressed Property.

This three story row house could be used for a variety of live/work situations. The first floor has a full kitchen, bedroom, bath, and living area. Most commonly this floor is used as either retail space or as a single rental unit that could easily sleep a family of five. In past years this first floor lock-out was used to generate rental income in excess of 44,000 gross rental income.

The second floor is comprised of two terraces for outside living, living space with a cozy fireplace, walk-through kitchen with french doors, wet-bar, and a second living or dining area. Travel to the third floor and you are greeted with two bedrooms, each with their own ample sized bathroom. The master bedroom has it’s own over-sized deck to enjoy Seaside as well. From the third floor, take the spiral staircase up to the rooftop terrace. While on the rooftop terrace one is able to see all of Seaside and the Gulf of Mexico. With built-in bookcases and closets in corners, this townhouse makes use of every inch of available space.

Combining both modern and traditional elements, all the while maintaining the most unique artistic elements this townhouse will surely have you taking a second look.

Within walking distance to the chapel or to the ice cream shop, the opportunities for this property are endless. Ruskin Place has the highest concentration of full-time residents giving the true sense of community. With back street parking and reasonable HOA fees, this could be a viable living solution for a full time resident or a part time resident. Live the dream, live in Seaside, live at Ruskin Place.

With foreclosures and REOs in short supply, this Seaside bank owned property will not last long. For more information on 304 Ruskin Place in Seaside Florida please call Craig Baranowski 850-259-1788 or Tracy Baranowski 850-259-4270 or email us info@teambaranowski.com.

304 Ruskin Place Seaside Florida
2,730sf | $365/sf
3 Bedrooms | 5 Baths
Built in 1993
Bank Owned REO
Offered at $999,000

30A Foreclosures and REOs

Seaside Homes for Sale

WaterColor REO 194 Spartina Circle for Under 1 Million

194 Spartina Circle in WaterColor is an REO for 900K!

UPDATE: Sold for $914,500 March 27, 2012

194 Spartina Circle in WaterColor Florida is a Bank Owned Property REOWaterColor has had some really great distressed property buys in the past two years. There have been some amazing short sales and foreclosures sold in WaterColor since 2008. In fact, of the 282 homes sold 45 of them have been short sales or Bank Owned Property. WaterColor has consistently been a top selling development on 30A and almost all of the distressed inventory is gone. New distressed inventory is sparse with new foreclosure filings down from a peak of 13 homes in 2008 to only 5 in 2011.

 

194 Spartina is in the Camp WaterColor District and is conveniently located near the Camp WaterColor pool and park. The back of the home is right off a small secluded park that family and friends can enjoy. This foreclosure in WaterColor is a spacious 3,595sf with 4 Bedrooms and 4 Baths. Built in 2008, this home is loaded with the luxury elements of a WaterColor home including: Hardwood floors, granite counter tops, stainless appliances, extensive porches and outdoor amenities.

With foreclosures and REOs in short supply, this WaterColor bank owned property will not last long. For more information on 194 Spartina in WaterColor please call Craig Baranowski 850-259-1788 or Tracy Baranowski 850-259-4270 or email us info@teambaranowski.com.

194 Spartina Circle in WaterColor
3,595sf | $250/sf
4 Beds | 4 Baths
Built in 2008
Bank Owned
Offered at $900,000

30A Short Sales

30A Foreclosures and REOs

WaterColor Homes for Sale

Rosemary Beach REO for 624K

42 Trimingham Lane in Rosemary Beach Last of the REOs

UPDATE: Sold for $625,100 in March 2012!

42 Trimingham in Rosemary Beach is an REOIs this the last REO or Bank Owned Property in Rosemary Beach? As of today, this is the ONLY REO in Rosemary Beach available on the market. This does not mean that there will not be anymore foreclosures in Rosemary, however, I can say that last year there were over 23 distressed properties sold and new foreclosure starts in Rosemary Beach are almost nonexistent.

 

 

In 2009 there were 21 foreclosure starts in Rosemary Beach and in 2011 there were only 3, which represents an 85% reduction in foreclosure starts. Rosemary Beach Lis Pendens This is a very positive sign for our market and signals a massive shift in our market. It is my opinion that 2012 will see the market shift that has been slowly turning for the past 12 months. 2012 has already been a fantastic year with my buyers rushing in to get the last of the great buys.

42 Trimingham could be one of the last REOs in Rosemary Beach for a long time. This small cottage in Rosemary Beach overlooks Triangle Park. With close proximity to the Sky Pool, Fitness Center and Tennis, you will be just steps away from Rosemary amenities. Designed by Piazza Architecture, this home exudes charm and quality. Inside you will find wood and tile floors throughout, high ceilings, solid surface countertops and a stunning tower with built in beds. Outside is a refreshingly large 10×20 pool just waiting for an evening party.  If you are looking to purchase in Rosemary Beach for under $700K, this may be the last window of opportunity to do so. This property will not last thru the weekend!

For more information on 42 Trimingham Lane in Rosemary Beach please call Craig Baranowski 850-259-1788 or Tracy Baranowski 850-259-4270 or email us info@teambaranowski.com.

42 Trimingham Lane Rosemary Beach
1,592sf
3Bedrooms | 2.5 Baths
Built in 1999
Bank Owned
Offered at $624,900

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