Investment Real Estate... made easy!

Investing in real estate at the beach is a wonderful way to build your wealth, create passive income and secure your financial future. This is your home for all things Destin Real Estate.  From vacation rental condos, secondo homes, real estate investment strategies, and property management we are here to max you your position as a buyer, seller or holder of real estate at the beach.  Bottom Line?  We make real estate easy. 

March 14, 2024

Who Should Invest in a Vacation Rental Property?

Gulf Dunes Condo - Okaloosa Island, Fort Walton Beach, Florida

1. Experienced Real Estate Investors

Experienced real estate investors who already have a background in vacation rental properties are well-positioned for success with additional investments. Their familiarity with the intricacies of this market gives them an edge.

2. Individuals Seeking Passive Income

For those interested in passive income, vacation rental properties, especially in bustling tourist destinations like Florida, offer a steady revenue stream. However, the level of passivity varies depending on management style—self-management requires effort, while hiring a property manager can make it truly passive.

3. Long-term Investors

Investors with a long-term perspective can benefit from property appreciation and consistent rental income over time. Holding onto the property for an extended period allows for mortgage paydown by renters and capitalizes on inflation and appreciation.

4. Those Familiar with Tourism Dynamics

Understanding local tourism trends is crucial for making informed decisions about property location and amenities. This knowledge empowers investors to navigate the vacation rental market such that they maximize rental income by catering to market demands effectively.

5. Lifestyle-oriented Individuals

For individuals seeking both financial returns and personal enjoyment, owning vacation rental properties provides an ideal solution. It offers opportunities for leisure while generating rental income during periods of non-use, allowing for a flexible lifestyle tailored to individual preferences.

Conclusion

Investing in vacation rental properties can be rewarding but carries inherent risks. Seek guidance from qualified professionals in legal, financial, and real estate fields to evaluate your circumstances and risk tolerance. Remember, past performance is not indicative of future results, and prudent decision-making is key for investment success.

Posted in Investing Advice
Feb. 23, 2024

30A Condo Sales | February, 2024

The chart below shows the market activity for 30A / South Walton County Area Condo Sales during the last calendar month.  The  Area includes: Blue Mt. Beach, Grayton Beach, Santa Rosa Beach, Seagrove Beach, Seacrest Beach, Rosemary Beach and Inlet Beach.If you would like more information on a specific neighborhood please call or text John Moran at 850-217-7618 or send an email to JohnMoran@AtTheBeachTeam.com and I will be happy to get it for you.

Note: Introducing our new website – Try out these links.

We are very excited about launching it and are confident it will be a terrific tool for you.

MARKET SUMMARY 

  Total Total List Volume Median List Price Average List Price DOM CDOM Total Sold Volume Median Sold Price Average Sold Price SP/LP SP/OLP
Sold 11 $14,385,000 $902,000 $1,307,727 117 117 $13,516,000 $880,000 $1,228,727 93.96 89.19
List/Sold 1 $1,095,000 $1,095,000 $1,095,000 98 98 $1,000,000 $1,000,000 $1,000,000 91.32 86.96
Co-Broker 10 $13,290,000 $888,500 $1,329,000 119 119 $12,516,000 $877,500 $1,251,600 94.18 89.37
New 49 $65,072,949 $895,000 $1,328,019 33 55          
Pending 17 $23,831,800 $975,000 $1,401,870 77 82          
Withdrawn 7 $6,742,899 $619,000 $963,271 107 107          
Cancelled 8 $8,653,000 $987,500 $1,081,625 172 231          
Expired 19 $27,333,000 $1,074,500 $1,438,578 266 284          
Back On Market 14 $21,536,900 $1,267,000 $1,538,350 179 179          
Extended 13 $17,325,700 $889,000 $1,332,746 251 251          
Active In Range 243 $336,331,198 $895,000 $1,384,079 140 155          
Current Active 185 $253,652,770 $889,000 $1,371,096 158 176          

 


Information is deemed to be reliable, but is not guaranteed. See copyright notice.
Feb. 23, 2024

30A | Home Sales | February, 2024

The chart below shows the market activity for 30A / South Walton County Area Home Sales during the last calendar month.  The  Area includes: Blue Mt. Beach, Grayton Beach, Santa Rosa Beach, Seagrove Beach, Seacrest Beach, Rosemary Beach and Inlet Beach.  If you would like more information on a specific neighborhood please call or text John Moran at 850-217-7618 or send an email to JohnMoran@AtTheBeachTeam.com and I will be happy to get it for you.

Note: Introducing our new website – Try out these links:

We are very excited about launching it and are confident it will be a terrific tool for you.

MARKET SUMMARY 

  Total Total List Volume Median List Price Average List Price DOM CDOM Total Sold Volume Median Sold Price Average Sold Price SP/LP SP/OLP
Sold 51 $134,451,937 $1,495,000 $2,636,312 94 121 $126,386,202 $1,429,000 $2,478,160 94.00 88.05
List/Sold 7 $27,370,700 $3,895,000 $3,910,100 9 9 $27,345,949 $4,060,177 $3,906,564 99.91 99.91
Co-Broker 44 $107,081,237 $1,419,500 $2,433,664 107 138 $99,040,253 $1,375,000 $2,250,914 92.49 85.25
New 154 $398,831,672 $1,700,000 $2,589,816 30 93          
Pending 56 $116,380,149 $1,597,500 $2,078,216 89 139          
Withdrawn 26 $87,994,170 $2,287,500 $3,384,391 113 164          
Cancelled 44 $142,190,012 $3,100,000 $3,231,591 183 227          
Expired 54 $163,757,898 $2,322,500 $3,032,553 223 305          
Back On Market 31 $65,595,750 $1,775,000 $2,115,991 230 263          
Extended 61 $202,274,698 $2,095,000 $3,315,978 211 265          
Active In Range 755 $2,319,685,210 $1,969,000 $3,072,430 137 173          
Current Active 548 $1,748,029,078 $1,996,500 $3,189,834 162 207          


Information is deemed to be reliable, but is not guaranteed. See copyright notice.
Feb. 23, 2024

Destin Area | Condo Sales | February, 2024

 

Destin Area Condo Sales Market Report

Latest Market Activity

The chart below displays the market trends for Destin Area Condo Sales over the last calendar month.

The Destin Area includes Fort Walton Beach, Destin, Miramar Beach, and Sandestin Resort.

If you seek more information on a specific neighborhood, call or text John Moran at 850-217-7618 or send an email to JohnMoran@AtTheBeachTeam.com. He'll be happy to assist you.

New Website Launch

Introducing our new website with exciting features:

  • Create Custom Market Reports

    Tailor reports to your preferred building or neighborhood with flexible update frequencies: daily, weekly, monthly, or yearly.

  • Free Instant Property Value Analysis

    Receive an instant analysis of your property's current value.

  • New Listings Alerts

    Stay informed with new listings, including foreclosures, for your desired building or area.

Explore these features and more on our user-friendly platform. We are excited about this launch and confident it will be a terrific tool for your real estate needs. Contact us now!

Note: For more details, visit our contact page.

 

Market Summary 
  Total Total List Volume Median List Price Average List Price DOM CDOM Total Sold Volume Median Sold Price Average Sold Price SP/LP SP/OLP
Sold 63 $41,328,242 $589,900 $656,003 100 116 $39,595,549 $571,750 $628,500 95.81 94.40
List/Sold 15 $8,147,194 $529,500 $543,146 134 134 $7,735,399 $490,000 $515,693 94.95 91.66
Co-Broker 48 $33,181,048 $650,000 $691,271 89 110 $31,860,150 $626,700 $663,753 96.02 95.09
New 207 $124,478,677 $489,000 $601,346 32 67          
Pending 97 $63,812,444 $584,000 $657,860 91 115          
Withdrawn 24 $25,637,100 $592,500 $1,068,212 162 171          
Cancelled 42 $25,499,140 $474,900 $607,122 158 178          
Expired 76 $54,491,329 $549,000 $716,991 264 293          
Back On Market 34 $22,535,339 $569,250 $662,804 252 265          
Extended 52 $36,519,125 $543,500 $702,290 258 272          
Active In Range 1,023 $760,072,895 $569,000 $742,984 165 218          
Current Active 744 $569,457,524 $575,000 $765,399 201 265          

 


Information is deemed to be reliable, but is not guaranteed. See copyright notice.
Feb. 23, 2024

Destin Area | Home Sales | Feb 2024

Destin Area Home Sales Market Report

Latest Market Activity

The chart below illustrates the market trends for Destin Area Home Sales over the last calendar month.

The Destin Area includes Destin, Miramar Beach, and Sandestin Resort.

If you seek more information on a specific neighborhood, call or text John Moran at 850-217-7618 or send an email to JohnMoran@AtTheBeachTeam.com. He'll be happy to assist you.

Website

Introducing our new website with exciting features:

Explore these features and more on our user-friendly platform. We are excited about this launch and confident it will be a terrific tool for your real estate needs. Contact us now!

Note: For more details, visit our contact page.

Market Summary 

  Total Total List Volume Median List Price Average List Price DOM CDOM Total Sold Volume Median Sold Price Average Sold Price SP/LP SP/OLP
Sold 27 $43,513,798 $1,495,000 $1,611,622 105 163 $40,785,900 $1,337,500 $1,510,588 93.73 89.04
List/Sold 7 $11,849,500 $1,200,000 $1,692,785 71 73 $11,535,500 $1,120,000 $1,647,928 97.35 93.67
Co-Broker 20 $31,664,298 $1,647,500 $1,583,214 117 194 $29,250,400 $1,481,250 $1,462,520 92.38 87.33
New 77 $129,334,475 $1,250,000 $1,679,668 31 65          
Pending 41 $64,994,966 $1,399,000 $1,585,243 85 110          
Withdrawn 17 $37,010,799 $1,495,000 $2,177,105 115 120          
Cancelled 23 $56,728,000 $1,575,000 $2,466,434 178 208          
Expired 42 $84,031,341 $1,448,999 $2,000,746 273 307          
Back On Market 39 $56,586,400 $1,100,000 $1,450,933 173 184          
Extended 21 $21,872,000 $885,900 $1,041,523 188 192          
Active In Range 427 $792,068,142 $1,350,000 $1,854,960 123 152          
Current Active 288 $566,317,477 $1,399,499 $1,966,380 150 182          


Information is deemed to be reliable, but is not guaranteed. See copyright notice.
Jan. 21, 2024

Panama City Beach | Lot Sales | December, 2023

 

Panama City Beach Residential Lot Sales Market Report

Latest Market Activity

The chart below illustrates the market trends for Panama City Beach Residential Lot Sales over the last calendar month.

If you need detailed information about a specific lot, call or text John Moran at 850-217-7618 or send an email to JohnMoran@AtTheBeachTeam.com. He'll be happy to assist you.

New Website Launch

Introducing our new website with exciting features:

  • Create Custom Market Reports

    Tailor reports to your preferred lot, building, or neighborhood with flexible update frequencies: daily, weekly, monthly, or yearly.

  • Free Instant Lot Value Analysis

    Receive an instant analysis of your lot's current value.

  • New Lot Listings Alerts

    Stay informed with new lot listings, including foreclosures, for your desired area.

Explore these features and more on our user-friendly platform. We are excited about this launch and confident it will be a terrific tool for your real estate needs. Contact us now!

Note: For more details, visit our contact page.

MARKET SUMMARY
  Total Total List Volume Median List Price Average List Price DOM CDOM Total Sold Volume Median Sold Price Average Sold Price SP/LP SP/OLP
Sold 2 $172,900 $86,450 $86,450 9 7 $152,600 $76,300 $76,300 88.26 88.26
List/Sold 0 $0 $0 $0 0 0 $0 $0 $0 0.00 0.00
Co-Broker 2 $172,900 $86,450 $86,450 9 7 $152,600 $76,300 $76,300 88.26 88.26
New 6 $1,273,500 $187,250 $212,250 29 108          
Pending 2 $1,039,800 $519,900 $519,900 404 404          
Withdrawn 1 $115,000 $115,000 $115,000 137 136          
Cancelled 5 $1,727,000 $249,000 $345,400 117 283          
Expired 9 $2,646,300 $159,000 $294,033 357 402          
Back On Market 4 $1,653,900 $127,500 $413,475 311 358          
Extended 7 $1,543,699 $219,900 $220,528 312 347          
Active In Range 105 $50,508,599 $249,900 $481,034 254 285          
Current Active 82 $42,621,599 $234,950 $519,775 288 300          


Information is deemed to be reliable, but is not guaranteed. See copyright notice.
Jan. 21, 2024

Panama City Beach | Home Sales | December, 2023

 

Panama City Beach Home Sales Market Report

Latest Market Activity

The chart below illustrates the market trends for Panama City Beach Home Sales over the last calendar month.

If you need detailed information about a specific building, contact John Moran at 850-217-7618 or send an email to JohnMoran@AtTheBeachTeam.com. I'll be happy to assist you.

New Website Launch

Introducing our new website with exciting features:

  • Create Custom Market Reports

    Tailor reports to your preferred building or neighborhood with flexible update frequencies: daily, weekly, monthly, or yearly.

  • Free Instant Property Value Analysis

    Receive an instant analysis of your property's current value.

  • New Listings Alerts

    Stay informed with new listings, including foreclosures, for your desired building or area.

Explore these features and more on our user-friendly platform. We are excited about this launch and confident it will serve as a powerful tool for your real estate needs. Contact us now!

Note: For more details, visit our contact page.

 

MARKET SUMMARY 
  Total Total List Volume Median List Price Average List Price DOM CDOM Total Sold Volume Median Sold Price Average Sold Price SP/LP SP/OLP
Sold 81 $71,825,844 $568,523 $886,738 50 53 $69,450,146 $550,000 $857,409 96.69 93.93
List/Sold 24 $25,131,765 $547,380 $1,047,156 33 31 $24,212,965 $547,380 $1,008,873 96.34 96.55
Co-Broker 57 $46,694,079 $589,000 $819,194 58 63 $45,237,181 $550,000 $793,634 96.88 92.58
New 89 $72,375,223 $575,000 $813,204 29 35          
Pending 47 $33,815,085 $479,900 $719,469 62 61          
Withdrawn 15 $16,488,099 $720,000 $1,099,206 100 103          
Cancelled 29 $26,172,363 $549,000 $902,495 113 127          
Expired 32 $28,615,149 $622,000 $894,223 256 255          
Back On Market 30 $21,992,945 $509,900 $733,098 150 146          
Extended 37 $29,912,584 $550,000 $808,448 220 210          
Active In Range 545 $510,889,562 $599,900 $937,412 115 124          
Current Active 368 $339,893,255 $628,500 $923,622 140 150          

 


Information is deemed to be reliable, but is not guaranteed. See copyright notice.
Jan. 21, 2024

Panama City Beach | Condo Sales | December, 2023

 

Panama City Beach Condo Sales Market Report

Latest Market Activity

The chart below illustrates the market trends for Panama City Beach Condo Sales over the last calendar month.

If you need detailed information about a specific building, contact John Moran at 850-217-7618 or send an email to JohnMoran@AtTheBeachTeam.com. I'll be happy to assist you.

New Website Launch

Introducing our new website with exciting features:

  • Create Custom Market Reports

    Tailor reports to your preferred building or neighborhood with flexible update frequencies: daily, weekly, monthly, or yearly.

  • Free Instant Property Value Analysis

    Receive an instant analysis of your property's current value.

  • New Listings Alerts

    Stay informed with new listings, including foreclosures, for your desired building or area.

Explore these features and more on our user-friendly platform. We are excited about this launch and confident it will serve as a powerful tool for your real estate needs. Contact us now!

Note: For more details, visit our contact page.

 

MARKET SUMMARY
  Total Total List Volume Median List Price Average List Price DOM CDOM Total Sold Volume Median Sold Price Average Sold Price SP/LP SP/OLP
Sold 62 $30,460,000 $422,500 $491,290 80 98 $29,099,400 $400,000 $469,345 95.53 93.81
List/Sold 8 $3,504,000 $412,000 $438,000 61 58 $3,407,500 $393,750 $425,937 97.25 91.18
Co-Broker 54 $26,956,000 $432,000 $499,185 83 104 $25,691,900 $405,000 $475,775 95.31 94.17
New 174 $80,952,114 $422,500 $465,242 35 49          
Pending 50 $23,759,200 $444,500 $475,184 65 80          
Withdrawn 21 $15,063,500 $604,900 $717,309 117 136          
Cancelled 38 $20,809,076 $405,000 $547,607 148 155          
Expired 73 $34,499,904 $430,000 $472,601 263 276          
Back On Market 33 $15,053,299 $416,900 $456,160 190 191          
Extended 69 $34,880,794 $430,000 $505,518 211 230          
Active In Range 1,056 $525,477,490 $439,950 $497,611 126 141          
Current Active 783 $389,340,918 $439,000 $497,242 135 153          

 


Information is deemed to be reliable, but is not guaranteed. See copyright notice.
Jan. 21, 2024

Mastering Alternative Financing: A Real Estate Investor's Roadmap to Wealth Building Success

 

Navigating Alternative Financing: A Real Estate Investor's Guide to Wealth Building

Welcome to the dynamic world of real estate investment, where strategic financing choices can make all the difference in building substantial wealth. In this blog post, we'll explore insightful discussions with Mark Violette, a real estate attorney and the owner of Mark Violette PA, a Title Company in Destin, Florida. Join us as we delve into alternative financing options, legal insights, and practical tips for success.

Unlocking Alternative Financing: A Wealth Builder's Toolkit

1. Wraparound Mortgages (2:01)

Wraparound Mortgages offer a unique approach to financing real estate investments. Discover how they work, their potential benefits, and the risks involved. Understanding this option can open doors to creative financing strategies.

2. Owner Financing (6:50)

Dive into the world of Owner Financing and learn how it differs from traditional financing. Explore the legal considerations crucial for a successful owner-financed deal. This alternative method can provide flexibility for both buyers and sellers.

3. Lease to Own (11:56)

Unlock the secrets of Lease to Own agreements, a compelling option for investors. Explore the key elements of these arrangements and understand how they benefit both parties involved. This creative financing method can bridge the gap between renting and owning.

4. Lease Option to Own (15:34)

Delve into Lease Option to Own as another innovative financing choice. Gain insights into its workings and discover the legal considerations for a seamless setup. This option provides flexibility and potential for future property ownership.

The Importance of Proper Setup and Legal Insights (16:35)

Understanding the summary at 16:35 is crucial. Mark Violette emphasizes the significance of proper setup for alternative financing options. Gain legal insights to ensure success in your real estate investment journey.

Insights from a Real Estate Investor's Perspective

1. Personal Experiences and Lessons Learned

As a seasoned real estate investor with 14 properties, John shares practical experiences and valuable lessons learned. Learn from his journey to make informed decisions in your own investment endeavors.

2. Staying Ahead of Real Estate Trends

Discover how John's team, collectively owning 20 investment properties, stays ahead of real estate trends. Their forward-looking approach keeps them informed and confident in emerging markets.

3. Leveraging Vacation Rental Market Insights

Explore how John's team leverages insights from Beach Stays Vacations, a vacation rental management company. Gain practical advice tailored to investor buyers and sellers in the ever-evolving short-term rental market.

Connecting with the At The Beach Team

Whether you're buying, selling, or renting through platforms like Airbnb, VRBO, or other portals, the At The Beach Team is here to guide you. Contact John Moran, OWNER/CEO, at johnmoran@atthebeachteam.com for personalized advice tailored to your real estate journey.

Conclusion

As real estate investors, the choices we make in financing can significantly impact our wealth-building journey. With alternative financing options, legal insights, and real-world experiences from Mark Violette, you're equipped with a powerful toolkit for success. Stay informed, be creative, and make strategic decisions to maximize your positions in the ever-exciting world of real estate investment. Happy investing!

Posted in Investing Advice
Jan. 21, 2024

Freeport Area | Home Sales | December, 2021

The chart below shows the market activity for Freeport Area Home Sales during the last calendar month.  If you would like more information on a specific neighborhood please call or text John Moran at 850-217-7618 or send an email to JohnMoran@AtTheBeachTeam.com and I will be happy to get it for you.

Note: Introducing our new website – Try out these new links:

We are very excited about launching it and are confident it will be a terrific tool for you.

MARKET SUMMARY 
  Total Total List Volume Median List Price Average List Price DOM CDOM Total Sold Volume Median Sold Price Average Sold Price SP/LP SP/OLP
Sold 56 $25,892,069 $414,925 $462,358 90 100 $25,168,349 $409,972 $449,434 97.20 95.18
List/Sold 13 $6,048,967 $418,425 $465,305 90 121 $5,814,212 $418,425 $447,247 96.12 93.22
Co-Broker 43 $19,843,102 $410,000 $461,467 90 94 $19,354,137 $405,000 $450,096 97.54 95.78
New 69 $37,202,773 $443,500 $539,170 16 27          
Pending 74 $33,299,022 $400,339 $449,986 97 102          
Withdrawn 7 $2,714,506 $363,900 $387,786 51 51          
Cancelled 9 $5,482,400 $625,000 $609,155 62 62          
Expired 15 $11,757,799 $598,000 $783,853 233 243          
Back On Market 24 $14,120,899 $377,698 $588,370 136 136          
Extended 19 $11,612,950 $354,900 $611,207 190 202          
Active In Range 317 $172,104,026 $403,174 $542,914 94 103          
Current Active 228 $130,348,704 $404,680 $571,704 127 140          


Information is deemed to be reliable, but is not guaranteed. See copyright notice.