Showing posts with label 1031 Exchange. Show all posts
Showing posts with label 1031 Exchange. Show all posts

Friday, February 11, 2022

Just Sold | Terrace at Pelican | 307 | Destin, FL


3 Bed  |  3 Bath  |  1,400 Square Feet  |  Selling Price: $560,000



After just one day on the market, this fantastic unit went under contract and sold only 12 days later! Our sellers purchased the unit ten years ago. They are currently residents of Houston but love Destin and enjoyed spending time here with family and friends. Keeping their capital working for them, they’ll be doing a 1031 Exchange. We love our savvy investors!


A rare property, this spectacular third-floor corner unit features views east to west at Terrace at Pelican Beach Resort! The wrap-around balcony provides panoramic views of abutting coastal lakes and distant views of the Gulf of Mexico. Here, the sunsets are amazing! The interior features new plank tile flooring in the living area, kitchen, dining area and baths, as well as granite countertops in kitchen and all baths. The third bedroom is a lockout efficiency with its own balcony. A great paradise by the sea!






The Terrace has its own pool, health club facility, hot tub, steam room, BBQ pit, and more. A Cross Easement Agreement allows use of Terrace and Pelican Beach Resort amenities which include three pools, hot tubs, gym room, tennis courts, and beautiful beachfront. You're also located in the heart of Destin and convenient to restaurants, grocery stores, activities, and shopping!




This was a fabulous condo to shoot and market. Located in Destin along Highway 98 with beautiful beachfront access, we knew this lovely unit would appeal to buyers desiring to live the coastal lifestyle or make an investment in paradise. We made the most of these aspects and featured them in our marketing plan. 
   
For ease of access in learning more about the unit and community, we featured the property in our monthly newsletter to send to our database of investors and agents that link to both the property website and video tour. The property was also featured on Zillow, Trulia, and Realtor.com, as well as internationally renowned Remax.com.











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Monday, April 16, 2018

Just Sold | 89 Matthew Boulevard | Destin, FL

4 Bedroom  |  3 Bath  |  1,658 Square Feet  | Selling Price: $580,000

From the West Coast to the Emerald Coast...

Our investor from California made a savvy move by utilizing 1031 Exchange funds to purchase two homes in Destin! A California resident, but familiar with the area through his significant other, Destin is a frequent destination so it only made sense to make our slice of paradise — their slice of paradise! They use their time here to see family, soak in the coast, visit the local restaurants, and attend the annual festivals. Now that's what we call paradise! 

The first home our investor purchased is playfully called "Flamingo Breeze" and is conveniently situated in Destin’s serene Crystal Beach community.  (See the second home here!) 
Located only steps from Destin’s soft white sands, this charming beach cottage is an ideal second home or vacation rental. An excellent rental history, even better projections, and the private pool, all lend themselves for maximum return on investment! This 4 bedroom, 3 bath home is within blocks from the Destin Commons, restaurants, and unique Destin lifestyle. Featuring granite counters in the kitchen and baths, open living spaces, balconies overlooking a beautifully landscaped backyard for entertaining, and cozy beach-themed décor, all components of this home combine to create the perfect beach get-away. Paradise!



In addition to being only steps away from the beautiful white sand beach, this locale places you just minutes away from popular beachside restaurants, championship golf and tennis, convenient grocery stores, shopping at Destin Commons & Silver Sands, and family fun at both the Harborwalk along the Destin Harbor and the Village of Baytowne Wharf in Sandestin.



          Looking for your perfect paradise? Give us a call!