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. 

Jan. 21, 2024

Crestview Area | Home Sales | December, 2023

The chart below shows the market activity for Crestview 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 181 $56,907,279 $322,900 $314,404 70 75 $56,111,113 $315,000 $310,006 98.60 96.86
List/Sold 24 $7,271,024 $306,887 $302,959 56 70 $7,024,000 $299,950 $292,666 96.60 96.41
Co-Broker 157 $49,636,255 $323,900 $316,154 72 76 $49,087,113 $316,900 $312,656 98.89 96.92
New 234 $80,109,850 $338,400 $342,349 20 32          
Pending 205 $67,180,487 $325,000 $327,709 85 91          
Withdrawn 23 $8,216,399 $349,900 $357,234 81 81          
Cancelled 43 $15,571,945 $335,000 $362,138 85 93          
Expired 62 $28,959,454 $362,450 $467,087 233 249          
Back On Market 76 $25,100,825 $321,400 $330,274 150 156          
Extended 38 $13,639,188 $349,950 $358,926 169 187          
Active In Range 737 $265,021,720 $334,900 $359,595 59 65          
Current Active 461 $167,393,634 $335,900 $363,109 85 93          


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

Unlocking Success: Investing Wisely in Vacation Rental Properties

Investing is about cash flow

 

Navigating the Vacation Rental Market: Key Considerations for Savvy Investors

Introduction

Investing in vacation rental properties can be a rewarding venture, offering the potential for attractive returns and diverse income streams. However, like any investment, it requires careful consideration and strategic planning. In this blog post, we'll explore key factors that potential investors should watch out for when entering the vacation rental market.

Location Matters: Choose Wisely

One of the fundamental principles in real estate holds true for vacation rentals – location is paramount. Opt for a destination with consistent demand, attractive amenities, and proximity to popular attractions. A thorough understanding of the local market dynamics is essential.

Regulatory Landscape: Know the Rules

Local regulations and zoning laws can significantly impact your ability to operate a vacation rental property. Before making a purchase, familiarize yourself with the legal requirements, permits, and restrictions in the area. Compliance is crucial for avoiding legal complications down the road.

Property Management: Ease the Burden

Managing a vacation rental remotely can be challenging. Consider engaging local property management services with a solid reputation. These professionals can handle day-to-day operations, guest interactions, and property maintenance, ensuring a seamless experience for both you and your renters.

Financial Analysis: Beyond the Purchase Price

While the purchase price is a critical factor, don't overlook the ongoing expenses. Factor in property management fees, maintenance costs, property taxes, and potential vacancies. A comprehensive financial analysis will help you gauge the true profitability of your investment.

Seasonality and Market Trends: Ride the Waves

Vacation rental markets often exhibit seasonality, with demand surging during peak travel times. Understand the seasonal trends in your chosen location and develop strategies to optimize rental income accordingly. Stay informed about market trends to adapt your approach as needed.

Amenities and Guest Experience: Stand Out

To attract and retain guests, provide amenities and features that enhance their experience. Whether it's a well-equipped kitchen, a cozy outdoor space, or high-speed internet, these extras can set your property apart and contribute to positive reviews.

Marketing Strategies: Visibility is Key

Effective marketing is essential for success in the vacation rental market. Utilize online platforms, professional photography, and compelling descriptions to showcase your property. Building a strong online presence will increase visibility and attract potential renters.

Exit Strategy: Plan for the Future

Have a clear exit strategy in mind. Whether you plan to sell the property, transition it to a long-term rental, or use it for personal use, understanding your long-term goals will guide your decisions throughout the investment journey.

Conclusion

Investing in vacation rental properties offers exciting opportunities for financial growth, but success requires careful planning and ongoing diligence. By paying attention to location, regulations, property management, financial analysis, market trends, amenities, marketing, and your exit strategy, you can navigate the vacation rental market with confidence. Remember to seek advice from real estate professionals and stay informed about industry trends to make the most of your investment. Happy investing!

Posted in Investing Advice
Jan. 21, 2024

Navarre Area | Home Sales | December, 2023

The chart below shows the market activity for Navarre Area Homes Sales during the last calendar month.  The Navarre Area includes: Navarre, Holley, Holley By The Sea, Midway/Tiger Point and Gulf Breeze.  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 102 $49,255,370 $399,900 $482,895 44 53 $46,336,605 $390,000 $454,280 94.07 92.62
List/Sold 10 $4,328,065 $412,450 $432,806 75 99 $4,240,465 $402,250 $424,046 97.98 95.66
Co-Broker 92 $44,927,305 $399,700 $488,340 41 47 $42,096,140 $390,000 $457,566 93.70 92.33
New 137 $68,373,507 $430,000 $499,076 16 22          
Pending 104 $49,210,646 $399,900 $473,179 54 60          
Withdrawn 16 $8,977,900 $477,000 $561,118 62 70          
Cancelled 19 $10,948,949 $449,900 $576,260 82 89          
Expired 15 $12,409,951 $474,900 $827,330 246 246          
Back On Market 29 $17,540,201 $425,000 $604,834 387 399          
Extended 14 $9,153,800 $624,450 $653,842 161 170          
Active In Range 349 $191,170,988 $449,500 $547,767 75 78          
Current Active 212 $122,517,553 $479,106 $577,912 118 122          

 


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

Navarre Beach | Home Sales | December, 2023

The chart below shows the market activity for Navarre Beach 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 3 $6,365,000 $1,975,000 $2,121,666 92 187 $5,950,000 $1,955,000 $1,983,333 93.48 92.62
List/Sold 2 $4,390,000 $2,195,000 $2,195,000 111 254 $3,995,000 $1,997,500 $1,997,500 91.00 89.80
Co-Broker 1 $1,975,000 $1,975,000 $1,975,000 54 54 $1,955,000 $1,955,000 $1,955,000 98.99 98.99
New 10 $27,809,000 $2,770,000 $2,780,900 14 200          
Pending 1 $3,550,000 $3,550,000 $3,550,000 101 386          
Withdrawn 1 $3,999,000 $3,999,000 $3,999,000 79 79          
Cancelled 4 $8,149,000 $2,199,500 $2,037,250 402 491          
Expired 2 $2,849,000 $1,424,500 $1,424,500 141 141          
Back On Market 0 $0 $0 $0 0 0          
Extended 3 $7,030,000 $2,690,000 $2,343,333 165 165          
Active In Range 32 $74,373,799 $1,934,999 $2,324,181 77 140          
Current Active 27 $62,276,799 $1,999,999 $2,306,548 85 160          

 


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

Navarre Beach | Home Condo Sales | December, 2023

The chart below shows the market activity for Navarre Beach Condo 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 1 $1,050,000 $1,050,000 $1,050,000 0 150 $1,050,000 $1,050,000 $1,050,000 100.00 100.00
List/Sold 0 $0 $0 $0 0 0 $0 $0 $0 0.00 0.00
Co-Broker 1 $1,050,000 $1,050,000 $1,050,000 0 150 $1,050,000 $1,050,000 $1,050,000 100.00 100.00
New 13 $12,869,800 $1,050,000 $989,984 20 65          
Pending 4 $3,399,900 $872,450 $849,975 43 81          
Withdrawn 2 $1,572,500 $786,250 $786,250 192 192          
Cancelled 2 $855,000 $427,500 $427,500 79 79          
Expired 4 $2,604,833 $611,950 $651,208 112 112          
Back On Market 0 $0 $0 $0 0 0          
Extended 3 $2,509,933 $1,056,033 $836,644 104 118          
Active In Range 51 $47,229,033 $899,000 $926,059 147 157          
Current Active 40 $39,121,700 $932,500 $978,042 175 187          

 


Information is deemed to be reliable, but is not guaranteed. See copyright notice.
Jan. 16, 2024

Securing Financial Future: Navigating Real Estate Investment Amidst Rising Challenges

Strategy to Own an Investment Property

Owning Real Estate: A Strategy for Financial Security

Challenges in Homeownership

Have you noticed the increasing difficulty of owning a house? The rising costs, fueled by Wall Street's acquisition of single-family homes for rentals, pose a significant barrier for most individuals.

The Growing Gap

The world has always been divided between haves and have-nots, but the gap seems to be widening. The question arises: What can you do to secure your financial future?

Strategic Investment

Take control by ensuring your family falls into the "haves" category. Invest in rental properties and land while they are still within reach. Following the adage, "If you can’t beat 'em, join 'em," join the ranks of property owners before affordability becomes an insurmountable challenge.

Corporate Influence

A housing shortage is already evident, and with increased Wall Street involvement, soon only corporations and the wealthy may afford real estate. Similar trends have affected family farms and businesses, and the family home may be next.

Act Now

The world is rapidly moving towards a wider wealth gap. Become a "have" while prices are still reasonable. Seize the opportunity to invest in single-family homes and real estate for your family's future financial security.

Get Expert Advice

If you're interested in learning how to buy an investment property with someone else covering the costs (a renter), reach out to us at info@smartbeachinvestor.com. It's what we specialize in.

Posted in Investing Advice
Jan. 16, 2024

30A | Condo Sales | December, 2023

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 16 $20,292,699 $917,000 $1,268,293 97 107 $18,887,700 $875,000 $1,180,481 93.08 90.53
List/Sold 3 $1,763,000 $449,000 $587,666 23 67 $1,720,000 $435,000 $573,333 97.56 97.56
Co-Broker 13 $18,529,699 $1,100,000 $1,425,361 114 117 $17,167,700 $1,000,000 $1,320,592 92.65 89.88
New 37 $49,494,698 $829,000 $1,337,694 28 42          
Pending 13 $22,190,000 $1,100,000 $1,706,923 121 123          
Withdrawn 7 $12,482,900 $1,135,000 $1,783,271 116 116          
Cancelled 11 $10,180,900 $619,900 $925,536 106 129          
Expired 14 $26,153,900 $1,442,450 $1,868,135 199 199          
Back On Market 8 $14,843,889 $1,357,500 $1,855,486 139 140          
Extended 14 $18,406,986 $944,350 $1,314,784 194 194          
Active In Range 226 $319,008,994 $965,000 $1,411,544 133 146          
Current Active 173 $245,573,296 $890,000 $1,419,498 149 162          


Information is deemed to be reliable, but is not guaranteed. See copyright notice.
Jan. 16, 2024

30A | Home Sales | December, 2023

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 59 $127,663,726 $1,859,000 $2,163,791 78 113 $121,990,815 $1,730,000 $2,067,640 95.56 92.78
List/Sold 10 $21,040,445 $2,050,000 $2,104,044 78 183 $20,115,865 $1,966,250 $2,011,586 95.61 92.94
Co-Broker 49 $106,623,281 $1,790,000 $2,175,985 78 98 $101,874,950 $1,675,000 $2,079,080 95.55 92.75
New 96 $314,813,870 $2,112,500 $3,279,311 28 74          
Pending 41 $89,894,257 $1,599,000 $2,192,542 124 160          
Withdrawn 24 $77,711,100 $2,299,500 $3,237,962 167 209          
Cancelled 44 $141,002,998 $2,045,499 $3,204,613 167 210          
Expired 51 $174,167,298 $1,999,000 $3,415,045 260 288          
Back On Market 16 $49,460,517 $2,200,000 $3,091,282 195 213          
Extended 79 $372,529,399 $3,290,000 $4,715,562 220 297          
Active In Range 741 $2,340,071,313 $1,999,917 $3,157,990 138 175          
Current Active 545 $1,755,072,562 $2,040,000 $3,220,316 156 194          


Information is deemed to be reliable, but is not guaranteed. See copyright notice.
Jan. 16, 2024

Destin Area | Condo Sales | December, 2023

 

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 75 $49,238,389 $562,500 $656,511 78 91 $46,708,250 $525,000 $622,776 94.86 91.78
List/Sold 11 $7,201,400 $475,000 $654,672 61 61 $6,872,500 $475,000 $624,772 95.43 93.20
Co-Broker 64 $42,036,989 $567,000 $656,827 81 97 $39,835,750 $549,500 $622,433 94.76 91.54
New 133 $93,762,148 $624,900 $704,978 29 40          
Pending 50 $34,450,038 $584,000 $689,000 118 186          
Withdrawn 18 $11,237,300 $511,000 $624,294 176 186          
Cancelled 27 $21,430,698 $574,999 $793,729 114 131          
Expired 64 $43,201,700 $565,000 $675,026 223 230          
Back On Market 20 $12,808,400 $557,000 $640,420 168 186          
Extended 60 $52,857,987 $606,950 $880,966 259 270          
Active In Range 956 $741,051,945 $585,000 $775,158 175 227          
Current Active 741 $585,029,274 $594,000 $789,513 193 252          


Information is deemed to be reliable, but is not guaranteed. See copyright notice.
Jan. 16, 2024

Destin / Miramar Beach | Home Sales | December, 2023

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 36 $71,407,650 $1,400,000 $1,983,545 65 139 $66,471,917 $1,275,000 $1,846,442 93.09 90.14
List/Sold 10 $34,413,917 $2,474,500 $3,441,391 46 118 $31,441,917 $2,187,500 $3,144,191 91.36 90.47
Co-Broker 26 $36,993,733 $987,450 $1,422,835 73 147 $35,030,000 $962,500 $1,347,307 94.69 89.84
New 43 $76,732,792 $1,400,000 $1,784,483 27 57          
Pending 21 $32,607,299 $1,195,000 $1,552,728 118 178          
Withdrawn 9 $11,666,900 $1,150,000 $1,296,322 138 138          
Cancelled 20 $44,992,900 $1,701,500 $2,249,645 153 153          
Expired 25 $51,279,785 $1,589,000 $2,051,191 259 297          
Back On Market 6 $7,811,500 $1,247,000 $1,301,916 172 172          
Extended 41 $71,835,686 $1,299,000 $1,752,089 213 236          
Active In Range 417 $802,699,853 $1,399,000 $1,924,939 127 157          
Current Active 306 $582,594,961 $1,399,499 $1,903,905 139 172          


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