1.1 Million Carillon Beach Condo REO For 347K

Million Dollar Carillon Beach Luxury Condo at a Third of the Price!

UPDATE: SOLD for $344K in  January 2012!

Carillon Beach Condo Sunrise Sunset Unit 102 is a Bank Owned REOThe Sunrise and Sunset Luxury Condos at Carillon Beach originally sold for over $1.1 million. These condos are loaded with high end luxury amenities including a Wolf gourmet gas range, built-in refrigerator, wine fridge, gas grill on the porch, steam showers, custom cabinetry, spacious floor plan and a massive over-sized balcony. If you are looking for a luxury primary residence or second home this condo at Carillon Beach is for you. Carillon amenities include: gated community, pools, tennis  courts, over 3000 feet of private beach, fishing, park areas and playground. Restaurants, shopping and golf and all located within minutes of beautiful Carillon Beach. Conveniently located within minutes to Pier Park and Scenic 30a. Come and see for yourself and make Sunset at Carillon Beach your new home.

For more information on this bank owned condo in Carillon Beach please call Craig Baranowski 850-259-1788 or Tracy Baranowski 850-259-4270 or email us info@teambaranowski.com.

Carillon Beach REO Unit 102
Sunrise and Sunset Condos
116 Carillon Market Street Unit 102
2,319sf
3 Bedrooms | 3 Baths
Built in 2007
HOA $797/mo

Carillon Beach Homes and Condo Search Panama City MLS

Carillon Beach Homes and Condo Search Emerald Coast MLS

 

Rosemary Beach Short Sale on Spanish Town Lane

19 Spanish Town Lane is a Short Sale in Rosemary Beach!

UPDATE: SOLD for $1.7mil April 2012!!

Rosemary Beach Short Sale 19 Spanish Town LaneAs we near the end of 2012 I am beginning to sound like a broken record every time I speak with clients. “Distressed inventory is depleted, foreclosures are selling quickly, short sales are drying up in some communities”…clients looks at me as if I was speaking a foreign language. If you listen to the media there is a glut of distressed shadow inventory and a huge wave of foreclosures that is going to sweep our nation. However, if you look at our sales transactions and the amount of distressed inventory you will see a different picture.

There was a time when we have dozens of distressed properties in every community along 30A, including Rosemary Beach, WaterColor, WaterSound and Seacrest Beach. Going through our MLS we currently have 3 short sales in Rosemary Beach and no foreclosures. WaterColor there are only 6 distressed properties on the market. This is a severely depleted number from 2009 and 2010 and the distressed inventory is going away. 19 Spanish Town Lane in Rosemary Beach is one of the most recent short sales to come on the market and one of the last. Additionally, this is the most expensive short sale currently on the market on 30A! One of the few remaining ultra luxury distressed properties on 30A!
This luxury home in Rosemary Beach sits on a corner lot on the south side of County Road 30A. The lot fronts a small park and is next to a boardwalk leading to the beach. This custom home is tricked out with the essentials to make this a premium property in Rosemary Beach. The main house has an elevator to all three floors and there is a  three-story carriage house which includes a two-car garage. The carriage house also has a sleeping loft, which doubles as a sixth bedroom. The garage contains a washer and dryer for guests. The property has stainless appliances, American walnut hardwood floors, gorgeous stone floors in the bathroom and granite counter tops throughout. Rosemary Beach has all the amenities you’re looking for such as swimming, shopping, tennis, kayaking, and biking just to name a few! Don’t miss the perfect opportunity to be a part of this exclusive community.

For more information on 19 Spanish Town Lane in Rosemary Beach please call Craig Baranowski 850-259-1788 or Tracy Baranowski 850-259-4270 or email us info@teambaranowski.com.

19 Spanish Town Lane in Rosemary Beach FL
3,589sf
6 Bedrooms | 5.5 Baths
3 Stories w/ Carriage House
Built in 2007 | NEW
Gulf Views
Offered at $2,3999,000

30A Short Sales

30A Foreclosures and REOs

Rosemary Beach Homes for Sale

Freddie Mac Foreclosure at Grand Panama Beach Resort

Gulf Front Unit I-1501 in Grand Panama is a Freddie Mac Foreclosure

Update: Sold for $277,000 in January 2012!

Grand Panama Beach Resort Unit 1-1501 Gulf front 3 Bedroom unit is a Freddie Mac ForeclosureGrand Panama Beach Resort is becoming on of the most popular luxury resorts on Panama City Beach. Unit I-1501 is a Freddie Mac foreclosure and is currently under the Feddie Mac first look initiative until November, 25th 2011. During the first 15 days a property is listed in the MLS, only offers fro owner-occupants (primary residence only), second home purchasers, public entities or their designated partners will be considered.

Unit I-1051 is a gorgeous 3 Bedroom, 2 Bath gulf front luxury condo and is a popular west corner unit. This Grand Panama corner unit has an extra large balcony for soaking in captivating sunsets and panoramic views of the gulf and sugar white sand beaches. This luxury condo will make an excellent second home or investment property capable of bringing in good rental revenue.

This condo will not last long! If you would like more information on Grand Panama Unit 1-1501, please call Craig Baranowski 850.259.1788 or info@teambaranowski.com.

Grand Panama I-1501
1,431sf
3 Bedrooms | 2 Baths
Built in 2007
HOA $525/mo
Freddie Mac Foreclosure / REO
Offered at $294,900

Grand Panama Beach Resort Condos for Sale

Grand Panama Beach Unit I-1501 Investment Analysis

Panama City Beach Bank Owned Gulf Front Condos

 

Miramar Beach Condo is a Streamlined Short Sale

Royal Seaesta Unit 8 in Miramar Beach is a BofA Streamlined Short Sale

Royal Seasta on Scenic Gulf Drive in Miramar Beach1986 Scenic Gulf Dr unit 8 at Royal Seaesta is the absolute best deal in Miramar Beach! Located across the street from Frangista Beach, this unit is a massive 1640 square feet with 3 bedrooms and 3 bathrooms and is a short stroll to the beach.

Great Gulf views from the master bedroom on the second floor and deeded beach access make this unit at hidden gem in Miramar Beach. This is a Bank of America Streamlined Cooperative Short Sale which means the price is approved and is ready to close.  If you are going to purchase a short sale…this is fastest and easiest short sale on the market.

The entrance on the first floor brings you directly into the open living room and open kitchen. The floor plan is perfect for entertaining. Priced to sell at $159,250!!! You can’t find anything that will compare with this $97/sq ft Gulf view townhouse. This is a corner unit and you will appreciate all the extra natural light. The unit comes with 2 parking spaces and has deeded beach access. Built in 2000 and very low HOA fees. Anyone can make great use of this property as a vacation rental, second home or primary residence.

For more information on Royal Seaesta Unit 8, please Call Danny Margagliano at 850-830-4747  or email danny@teambaranowski.com for more information.

Miramar Beach Gulf View Condo Search

1986 Scenic Gulf Drive Unit 8 Investor Analysis

1986 Scenic Gulf Drive Unit 8
Miramar Beach
Royal Seaesta
1,640sf
3 Bedrooms | 3 Baths
Built in 2000
HOA $175/ month
Bank of America Streamlined Short Sale
Offered at $159,250
 

 

30A REO Lot in The Preserve at Grayton Beach

Bank Owned Lot 97 Morgan’s Trail in The Preserve at Grayton Beach

UPDATE: SOLD for $56K in January 2012!

30A REO Lot 97 Morgans Trail The Preserve at Grayton BeachThe Preserve at Grayton Beach is located off Scenic 30A a short 3 miles west of Seaside and WaterColor. The deeded beach access at The Preserve at Grayton has one of my favorite “Old School Style” boardwalks that meander through the native scrub oaks to the gulf. If you are looking for a great lot to build your dream home with low HOA fees, REO Lot 97 Morgan’s Trail is an excellent choice. Originally purchased for $159,000 in early 2004 before the market really heated up. Some lots in the development sold for over $450,000 in 2005! Building costs are at a historical low and new home inventory on 30A is minimal.

One of the nicest lots in The Preserve at Grayton Beach. This Bank Owned lot backs to the green space and is a large wide lot. This beautiful development located on Scenic 30A in the heart Santa Rosa Beach. The neighborhood is gated with 2 swimming pools, complete with 2 club houses, 4 tennis courts and deeded beach access, just a short stroll away. This is a great time to purchase a large lot and build your dream home. Premier inventory such as this lot will not last long!

For more information on Lot 97 Morgan’s Trail in The Preserve at Grayton Beach, please call Craig 850-259-1788 or Tracy 850-259-4270 or email us info@teambaranowski.com.

Preserve at Grayton Beach Land for Sale

Preserve at Grayton Beach Homes for Sale

30A Bank Owned Land

Lot 97 Morgan’s Trail
The Preserver at Grayton Beach
REO | Bank Owned
55×100 or 0.126ac
LOW HOA $285/qtr
Offered at $61,900
 

Grayton Beach Short Sale 268 Garfield Street

Dinner at the Red Bar and Stroll Back to Your Beach Cottage!

Back under contract in 24 hours and just sold December 1st, 2011 for $900K!

268 Garfield Street Grayton Beach Florida is a Short Sale268 Garfield Street is in the prime location of Grayton Beach. Nestled on the popular Garfield Street right behind the Red Bar, this 4 Bedroom 4.5 Bath beach house will make a great family vacation home or excellent vacation rental. This a bank approved short sale and is ready for a quick close! This property just came back on the market and will not last long!

Gulf views and beach access are unobstructed and will offer permanent views of the gulf. One can walk from their front door right out onto the beach. With its prime location in Grayton Beach next to the Redbar and no HOA fees, this beach house will generate excellent rental income with a history of producing over $64,000 in rental income with owner usage. The beach house in Grayton Beach was originally purchased for $2.5million in 2005!

For more information on 268 Garfield Street please call Craig 850-259-1788 or Tracy 850-259-4270 or email us info@teambaranowski.com.

285 Garfiled Street Investment Analysis

Homes for Sale in Grayton Beach

Short Sales on 30A

268 Garfield Street
2,720sf
4 Bedroom | 4.5 Baths
3 Stories
Built in 2005
Gulf Views
NO HOA
Short Sale Bank Approved at $1,000,000

Coral Bay Village Short Sale Investor Alert

Investor Alert! Coral Bay Village Unit 9 Approved Short Sale $122,000!

100 Downing Street Coral Bay Village Unit 9UPDATE: Buyer just walked. Short sale is approved!

Coral Bay Village Unit 9 at 100 Downing Street in Panama City Beach is an investor’s dream. This property is going to hit the market shortly and we are alerting our investors first! This unit is in excellent condition and is rental ready for a long term tenant. This 3 Bedroom 2 and 1/2 Bath Town Home has an estimated Cap Rate of 9.29% with only 20% down.

This West Indies style unit is a corner duplex in a 16 unit duplex/triplex community with brick paver street, lush landscaping, and community pool. This home features 12′ ceilings, stainless steel appliances, downstairs completely tiled, white bead board cabinetry in kitchen, wood on stairway and upstairs hallway. The upstairs features 12′ ceilings, carpet in master and guest bedroom, tile baths, stack washer/dryer. Coral Bay Village is a great location with close proximity to the beach, shopping and dining.

Located on the western end of Panama City Beach close to Scenic 30A and Pier Park. This duplex will make an excellent investment property or primary residence.

For more information on Coral Bay Village Unit 9 please call Craig 850-259-1788 or Tracy 850-259-4270 or email us info@teambaranowski.com.

Coral Bay Village Unit 9 Investor Analysis – Cash Flow, Holding Costs, Cap Rate

Panama City Beach Short Sales for Sale

Coral Bay Village
Unit 9
100 Downing Street
Panama City Beach
3 Bedrooms | 2.5 Baths
1,450sf
Built in 2006
HOA $170.33 / month
Offered at $122,000
Short Sale
 

Panama Palms Motel Foreclosure

Investor Alert! Panama Palms Motel Foreclosure $1,450,000!

Panama Palms Motel in Panama City Beach on Thomas DriveThe Panama Palms Motel on 5607 Thomas Drive recently came on the market as a Bank Owned Property. This motel is a hidden gem for the savvy investor and can be a revenue generating machine with a projected Cap Rate of 23%.

Located on the eastern end of Panama City Beach and one row back from the beautiful white sand beaches of the Emerald Coast. The Panama Palms Motel sits on a large 1.5 acre site, which in my opinion is worth $1.45mil as raw land and its current zoning for a hotel. The motel has 44 units, an office with a manager’s apartment, a pool, a pool house, a remodeled duplex with gulf views, a single story cottage and more. There are four large parcels in all that make up this bank owned property.

The Panama Palms Motel is one row off the beach and offers gulf views from the second floor units and easy access to the gulf. Its location on Thomas Drive offers excellent drive by visibility from the street. With strategic renovations this Motel has the potential to bring in significant rental revenue. This property was originally purchased for $8.35 million and is a steal at the $1.45 mil offer price.

If you are interested in more information on the Panama Palms Motel or would like addition information, please call Craig Baranowski @ 850-259-1788 or email info@teambaranowski.com.

Panama Palms Motel Investor Analysis – Cash Flow, Holding Costs, Cap Rate

Distressed Commercial Real Estate – Panama City / Panama City Beach

Distressed Commercial Real Estate – 30A / Destin / Fort Walton Beach

Panama Palms Motel
5607 Thomas Drive
Panama City Beach
Offered at $1,450,000
REO, Bank Owned
 

 

 

Blue Mountain Beach REO 29 Ventana Boulevard

Hot Property Alert! 29 Ventana in Blue Mountain Beach $234,900!

Under Contract hours after our alert! SOLD for $229,500!

Blue Mountain Beach REO 29 Ventana DunesNestled in the majestic Blue Mountain Beach on the North Side of Scenic 30A in Ventana Dunes, 29 Ventana Boulevard just hit the market as an REO. This 3 Bedroom 2 and 1/2 Bath home has hardwood floors, and granite countertops. Close access to sugar white sands and Emerald green waters. This house will make an excellent primary residence, second home or vacation rental. With a bit of TLC the home will be ready to take advantage of the close proximity to the neighborhood pool, beach and all the amenities the 30-A area has to offer.

If you are interested in viewing this REO in Blue Mountain Beach or would like more information, please call Tracy @ 850-259-4270 or Craig @ 850-259-1788 or email us at info@teambaranowski.com.

Ventana Dunes Homes for Sale

29 Ventana Blvd in Blue Mountain Beach

30A REOs and Bank Owned Property

Current REOs for Sale on 30A

Majestic Beach Towers 4 Bedroom Gulf Front Short Sale

Just Listed Majestic Beach Towers 4 Bedroom Gulf Front Condo $299,000!

Majestic Beach 1-1102 is Under Contract!

Majestic Beach 1-1102 Gulf Front Condo in Panama City BeachPriced to Sell! Fantastic 4 Bedroom 3 Bath Gulf front condo at Majestic Beach Towers in Panama City Beach is a short sale. Majestic Beach Towers I unit 1102 is a spacious 4 bedroom 3 bath rental powerhouse that will sleep 10 and will make an excellent vacation rental or investment property with a projected gross annual rental income potential of $45,000!

Few places can capture the magic of the Emerald Coast and the beaches of Panama City Beach. Rated as a top investment area by CNN Money and Moody’s, Panama City Beach is well known for it’s world class sugar white sand beaches. This 4 bedroom Gulf front condo at Majestic Beach Towers has riveting Gulf views. Sunshine and warm gulf breezes abound from the balcony, with amazing water and beach views. Enjoy the good life at Majestic Beach with resort style amenities including in/out pools, tennis, a large outdoor dining area, impressive fitness facility, community room, the Majestic Movie Theater, the H20 Bar and Grill serving Gulf-side lunch and dinner, and the Majestic Market featuring Starbucks coffee and gourmet sandwiches, etc. This is the ultimate vacation destination! The Majestic is a short distance to the wonderful shopping, dining and entertainment at Pier Park and the new International Airport.

If you are interested in viewing this condo at Majectic Beach or would like more information, please call Craig @ 850-259-1788 or email us at info@teambaranowski.com.

Majestic Beach Tower I unit 1102 Investor Analysis

Majestic Beach Towers Condos for Sale

Majestic Beach Tower I unit 1102
1,583sf
4 Bedroom | 3 Baths
Gulf Front | Gulf Views from Master and Living/ Kitchen
$45,000+ Projected Annual Gross Rental Income
HOA $800/mo
Short Sale
Offered at $299,000
 
 
 

Investment Property in Panama City Beach 735 Lake Powell

735 Lake Powell in Panama City Beach is an excellent investment property 15.94% Cap Rate!

Reduced to $62,000! Make an offer!

735 Lake Powell Drive is an excelelnt investment property in Panama City BeachIf you are considering real estate as an investment, this hidden gem is perfect! 735 Lake Powell Drive is on the western most end of Panama City Beach near Carillon Beach and Walton County Line. This 2 Bedroom 1 and 1/2 Bath town home is a few short blocks to the scenic Lake Powell Coastal Dune Lake.

This town home will make an excellent long term rental property with no HOA fees low taxes. 735 Lake Powell is a short sale with the lender approval at$79,000. See our Team Baranowski Investor Worksheet for details.

Real Estate like this property can provide a consistent cash flow and offer an amazing opportunity to jump in on real estate investing.

If you have an interest in this investment property please call Craig @ 850-259-1788 or or email us info@teambaranowski.com for more information.

735 Lake Powell Drive
Offered at $62,000
1,220sf
2 Bedroom / 1 1/2 Baths
Built in 1984
No HOA
Annual Taxes $916
Cap Rate 12.51%
Short Sale

735 Lake Powell Investor Analysis Worksheet download pdf

 

 

Sterling Breeze Gulf Front Short Sale $149000

Hot Property Alert! Sterling Breeze Unit 1603 Back on Market $149,000!

Under contract! 3 contracts in 48 hours after back on market!

Sterling Breeze Unit 1603 Gulf Front CondoThis amazing 1 Bedroom 2 Bath gulf front condo in Sterling Breeze just came back on the market. The buyer just backed out of the contract and is the lowest priced unit on the market at Sterling Breeze. The short sale was approved at $149,000 and will be a quick turn around on a new short sale approval. This gulf front condo in Sterling Breeze is an excellent investment property or a great vacation property and was originally purchased for $430,000 in 2008!

This gulf front condo in Sterling Breeze features 2 full baths, bunk room, 9ft ceilings, granite counter tops, kitchen with breakfast bar. Enjoy gulf breezes from the luxurious large terrace with electric grill. Magnificent views from the living room, complete electronics package, flat screen televisions, dvd, and can easily accommodate 6 people. World-class amenities include: state-of-the-art fitness center, wine bar, 2,000 sq. Ft. Heated tropical pool and whirlpool spa, poolside umbrella and beach chair service, community activity room, secure parking, and so much more! All this located only minutes away from pier park mall and the new international airport!

If you have an interest in this condo please call us right away: Tracy @ 850-259-4270 or Craig @ 850-259-1788 or email us info@teambaranowski.com.

Sterling Breeze Unit 1603
Offered at $149,000
914sf
1 Bedroom / 2 Baths
Built in 2008
HOA $576/ month
Gulf Front
Short Sale
 

Sterling Breeze Gulf Front Condos for Sale

Panama City Beach Gulf Front Condo Foreclosures

Sterling Breeze Market Snapshot and Market Analysis

Seacrest Beach REO 46 Blue Dolphin Loop

Hot Property Alert! 46 Blue Dolphin Loop in Seacrest Beach $449K!

Under Contract in 6 days and Sold for $430,000 September 2011!

46 Blue Dolphin in Seacrest Beach is an REO and Bank Owned PropertySeacrest Beach on Scenic 30A has had some excellent buys in 2010 and 2011. 46 Blue Dolphin Loop comes on the market as a bank owned REO and this is a HOT BUY! If you have been looking for a home with excellent gulf views in Seacrest Beach or next to Rosemary Beach, this home is for you.

There are only a handful of homes that front Scenic 30A in Seacrest Beach and 46 Blue Dolphin is one of them. This home has arguably the best direct views of the gulf in Seacrest Beach. Located in the front section of Seacrest Beach and features amazing gulf views.

This bank owned property will not last long and my opinion will have multiple offers on this home within the first few days on the market. If you have an interest in this home please call us right away: Tracy @ 850-259-4270 or Craig @ 850-259-1788 or email us info@teambaranowski.com.

46 Blue Dolphin in Seacrest Beach
Offered at $449,000
2,512sf
4 Bedrooms / 4 Baths
Built in 2003
Gulf Views
Bank Owned / REO
 

Homes for Sale in Seacrest Beach

Lots for Sale in Seacrest Beach

Seacrest Beach Market Snapshot and Market Analysis

Water Front HAFA Approved Short Sale

1562 Bay Grove Road HAFA Approved Short Sale

Reduced to $209,000!

Amazing sunsets views of Bay from this water front home.If you are looking for a great buy on a water front home this HAFA approved short sale is a gem. 1562 Bay Grove Road offers breath taking Bay views and deep water canal frontage and access to Lagrange Bayou and Choctawhatchee Bay. Located within 10 minutes of the Emerald Coast Beaches, shopping, dining and entertainment this waterfront home has the most amazing sunsets that can be enjoyed from the massive 30×20 observation deck and boat dock allowing you to relish in the spectacular views of the bay. This large 1/2 acre lot resides on a deep water canal with 100 feet of waterfront and will accommodate a larger boat. It is a quick boat ride to the bay, Sandestin and the Gulf of Mexico.

This is a Bank of America HAFA approved short sale and will have a 24 hour turn around on offers. For more information on 1562 Bay Grove Road in Freeport FL please call Tracy @ 850-259-4270 or Craig @ 850-259-1788 or email us info@teambaranowski.com.

1562 Bay Grove Road
Offered at $209,000
3 Bedrooms, 2 Baths
1,619sf
0.53 Acres
Lot dimensions: 100 X 229 X 100 X 234
NO HOA
Built 1981

Short Sale

Grand Panama Beach Resort Developer Units Released

Luxury Gulf Front Condos at Grand Panama Beach Resort Developer Units Final Release

Grand Panama Beach Resort in Panama City Beach FloridaThe Grand Panama Beach Resort has sold its final remaining 50 units to an investor in a bulk sale. This sale was not a distressed sale but to raise capital for continuation of the Grand Panama Beach Resort’s master plan which includes a 7 acre water park due to break ground in July 2011. These remaining 50 developer units were purchased by Patten Sales and Marketing LLC. This investment group has been very successful along the Emerald Coast and Florida and has recently sold out the remaining 57 developer units at Redfish Village in record time.

I was very excited to learn that Patten Sales and Marketing were involved in the Grand Panama Beach Resort project. They are a top notch company with quality inventory and they price the units to sell fast!

The Grand Panama Beach Resort has two towers:

Tower I called The Grand boasts 187 luxury gulf front condos, a gulf side luxury pool with water spas and a full service tiki bar. The architecture of The Grand in impressive and highlighted by the luxurious amenities the condo development has to offer.

Tower Ii called The Grand Vista is on the north side of Front Beach Road and has 112 luxury condos with stunning views of the gulf and the surrounding cityscape. Luxury amenities include a state of the art fitness center, concierge service, pedestrian walk-over to the gulf and a beautiful high rise terrace pool with water spas.

UPDATE: Pricing Released

The Grand Panama Beach Resort final developer release has only 6 Gulf Front units left! All 6 of these units are 2 Bedroom, 2 Bath with Bunk configurations. These gulf side units will sell very quickly. Priced from $279K

In Tower II, the Grand Vista, there are 44 developer units for sale:

4 – fabulous3 bedroom luxury Penthouse Units at 1,917sf Priced from $429K

3 – Four bedroom Penthouse Units

7 – 3 Bedroom Units Priced from $299K

1 – 2 Bedroom Units

29 – 1 Bedroom Units Priced from $179K

For more information  or to view the condos at Grand Panama, please call Tracy Baranowski 850.259.4270 or Craig Baranowski 850.259.1788. Email us @ info@teambaranowski.com

Grand Panama Beach Condos for Sale

Grand Panama Beach Resort Available Floor Plans

Grand Panama Beach Resort Penthouse Unit

Grand Panama Beach Resort and Two Bedroom Model