Seacrest Beach Real Estate | Market Report September-October 2014

Seacrest Beach Real Estate | Market Report September-October 2014

Why is Seacrest Beach Real Estate one of the hottest 30A communities?

Seacrest Beach real estate offers a more affordable alternative to Rosemary Beach FL real estate and Alys Beach, without sacrificing proximity to the atmosphere, shopping, dining and activities that make Rosemary Beach so desirable. A quaint 30A beach community, Seacrest Beach is nestled between Rosemary Beach and Alys Beach and offers a mix of cottage-style homes, condos and homesites.

Looking for a home, condo or homesite in Seacrest Beach?

Click here for the most current list of homes for sale in Seacrest Beach along with condos and homesites.

 

Located in the center of the Seacrest Beach community is a lushly landscaped 12,000 tiered lagoon pool. For your convenience, during season, the daily tram will take you to and from the pool and beach.

The nearby Village of South Walton is home to shops, restaurants, a general store, Orange Leaf Frozen Yogurt, bike shop and fabulous kids fountain. Seacrest Beach also enjoys deeded beach access with tram service during the summer season.

Seacrest Beach Real Estate Market Report for September and October 2014:

The chart below shows the homes sales in Seacrest Beach for September and October 2014. Currently there are 25 Seacrest Beach homes for sale, 3 homes pending and 27 homes which have sold thru October 31, 2014.

Click here for the most current list of homes for sale in Seacrest Beach

Seacrest Beach lot sales are down a bit BUT lot inventory in Seacrest Beach is down! Builders have been buying them and building spec homes. Currently there are only 5 Seacrest Beach vacant lots for sale, 0 pending and 16 have sold thru October 31, 2014.  The chart below shows the Seacrest Beach lots which sold in September and October 2014.

Click here for the most current list of vacant lots for sale in Seacrest Beach

Condo sales in Seacrest Beach, specifically at The Village of South Walton have also slowed down. Currently there are 11 Village of South Walton Condos for sale, 3 pending and 13 have sold thru August 31, 2014.  The chart below shows the Seacrest Beach Condos August 2014.

Click here for the most current list of Condos for sale in Seacrest Beach

Curious as to what your property is worth? Click on this link: for a FREE market analysis. There is absolutely no obligation or cost!

For more information on Seacrest Beach Real Estate, please call me, Debbie James at 850-450-2000. Allow me to provide all the tools and information you need to satisfy your real estate needs in Seacrest.

 

What is the Cost of Selling a 30A Luxury Home?

What is the Cost of Selling a 30A Luxury Home?

 

Many sellers tend to overlook the actual costs of selling a 30A luxury home. Real estate agent’s commission is usually the first thing that people tend to think of when it comes to home selling expenses since it’s the biggest cost. However, there are other fees and expenses you should be aware of before putting your 30A luxury home for sale on the market.

1. State Document Stamps (Doc Stamps on the Deed)

Although there is no income tax in Florida, there are other taxes the state requires, especially when selling your homes along 30A. The State Document Stamps, or doc stamps on the deed is typically paid by the seller. It is $7.00 per thousand of the selling price. If you have a $2.1 million 30A luxury home for sale, you will pay a deed transfer tax of $14,700.

2. Owner’s title insurance

The seller must provide clear title to the buyer, or the Buyer is not able to purchase a title insurance policy. While typically a Buyer expense, this can be negotiated during the contract process.

The rate of the title insurance in Florida is $5.75 per thousand for the first $100,000 of the selling price and $5.00 per thousand for homes from $101,000 to $1 million. On a $2.1 million home, that would be $10,575. (This is just for the Owner’s title policy).

3. Settlement cost

This is usually paid by whichever party pays for title insurance and can vary from $ 300 to $ 400.

4. Survey

The survey is also paid the buyer. Depending upon the size of the property, the cost will vary. Average price is $400 - $500.

5. Wood Destroying Organism Damage  (WDO)

Some Banks require a WDO inspection report. Most banks will not approve a new mortgage until all damage has been repaired. A standard contract requires the buyer to pay for the report, which will run about $75 - $100 and the seller to pay up to 1.5% of the home’s selling price to repair any damage. (Keep in mind this percentage is also negotiable during the contract process). On a $2.1 million 30A luxury home for sale, at the full 1.5% the seller would be responsible for WDO repairs up to $31,500.

6. Other repairs

Some sales contracts will allow the buyer to back out of the contract if they find anything within the inspection period that is not to their satisfaction...this would be an “As-is” contract. Most of the time, the buyer will ask the seller to pay up to 1.5% of the purchase price towards ‘warranted’ repairs (anything non-cosmetic) or provide the buyer a credit for repairs in various amounts. (Again, the percentage is negotiable during the contract process).

7. Real Estate Commission

Commissions are split between the Listing Agent and the Selling Agent. What most people don’t understand is that both the listing agent and selling agent must pay their Broker a percentage of the commission, so we are not keeping the full amount. A full service broker usually charges 6% of the selling price. On a $ 2.1 million home sold, that’s $126,000.

With the exception of the real estate commission (typically always paid by the seller) all of the above costs, fees, and expenses, are negotiable during the contract process. Make sure you discuss with your real estate agent and that you are aware of all the costs and fees involved before selling your home. To find out what your 30A luxury home is worth fill out the form on this page: http://www.debbiejames.com/homevalue/. I am happy to provide a no obligation quote!

If you need more information about 30A luxury homes for sale, visit www.30ALuxuryHomes.com

Call me, Debbie James at 850-450-2000. Let me provide you with all the information and tools you need to buy or sell your 30A luxury home.

Fun Awaits 30A Luxury Home Owners at the 3rd Annual 5k and 1 Mile Fun Run in Alys Beach

Fun Awaits 30A Luxury Home Owners at the 3rd Annual 5k and 1 Mile Fun Run in Alys Beach

Good news for all 30A luxury home owners and 30A tourists! You can now register for the 3rd Annual 5k and 1 Mile Fun Run to be held in Alys Beach. Click on the link to register in advance.

The 5k and 1 Mile Fun Run happens on Sunday, August 31, 2014. The 5K Race starts at 7:00AM while the 1 Mile Fun Run starts at 8:30AM. Organizers advise participants to arrive 30 minutes early on the day of the race.

The Fun Run course winds through the streets of Alys Beach located along Scenic Highway 30A.

This event is open for all ages, even kids! Registration fee is $35 for the 5K run and $15 for the 1 Mile Fun Run (for kids ages 12 and below only). Advanced registration closes on Friday, August 29th. If any race registrations remain, they will be sold on Saturday, August 30th, from 10:00AM - 2:00PM for $50 for the 5K and $25 for the 1 Mile Fun Run, so make sure to register early to get the lower rates!

Bring your kids along and so they can enjoy the oversized obstacle course for kids of all ages.

The event ends with live music at 9:15AM by DJ Shane Keller from Rock the House and an awarding ceremony at the Alys Beach Amphitheatre. Food and beverages will be available.

If you are interested to join the Fun Run, make sure to register early since the 5K is limited to 400 participants and the 1 Mile Fun Run is limited to 150 participants only.

Proceeds from this year’s race will benefit the Autism Society.

The 30A lifestyle not just about luxury, it also means lots of fun and healthy living. If you want to be part of the 30A lifestyle, buy a 30A luxury home now!

Call me, Debbie James at 850-450-2000. Let me provide you with all the information and tools you need to buy or sell your 30A luxury home.

Debbie James
Broker Associate
Somers & Company
Accredited Luxury Home Specialist
“When Quality Service & Experience Matter”

 

Get Around Scenic Highway 30A for Free with the Sunshine Turtle Express

Get Around Scenic Highway 30A for Free with the Sunshine Turtle Express

Get around Scenic Highway 30A for free with the Sunshine Turtle Express!

The Sunshine Turtle Express is a public transportation system that provides free transportation along Scenic Highway 30A for both residents and non-residents of 30A luxury homes. 

This free transport service runs 7 days a week from 11:00 AM – 12:00 midnight until September 1, 2014.

The Sunshine Turtle Express stops at the following places:

·         Publix - on Hwy 395

·         V Seagrove

·         723 Whiskey Bravo

·         Central Square, Seaside Fl

·         Grayton Bar and Grill

·         Rivard of South Walton Rentals

·         The Bowery on Thirty-A

You can even track the location of the Sunshine Turtle Express, live from your mobile or desktop browsers as it travels along its route through its state-of-the-art GPS tracking system. This can be done thru the 30A.com app. Don’t have it? Click HERE to Download the 30A.com.

Generous community leaders privately fund The Sunshine Turtle Express public transportation program to create a better culture for both residents of 30A luxury homes and tourists by investing in the future of public transportation.

If you want to get around 30A without having to walk, drive, or ride a bike, catch the Sunshine Turtle Express to get fast, free, and fun rides along 30A all summer long.

Call me, Debbie James at 850-450-2000. Let me provide you with all the information and tools you need to buy or sell your 30A luxury home.

Debbie James
Broker Associate
Somers & Company
Accredited Luxury Home Specialist
“When Quality Service & Experience Matter”