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Orange Beach, AL

Bella Luna in Orange Beach Alabama Rentals

Daniel  Prickett: Real Estate Agent in Orange Beach, AL

Prickett Properties LLC is proud to announce the addition of 2 new condos for rent at the fabulous Bella Luna Condos in Orange Beach Alabama. We are now managing 8 units in this faboulous building. From our inventory you can pic from a 2 bedroom 2 bath, 3 bedroom 3 bath, 3 bedroom 3.5 bath corner unit, or 4 bedroom 4 bath Penthouse unit. Some of our units come with a boatslip so you can bring your boat or rent one from a local marina. From the Bella Luna you can get to the Gulf of Mexico in minutes, play in old river, or eat at a local resturant by boat. This complex has 3 outdoor pools with outdoor hot tub, indoor pool with indoor hot tub, fitness center, steam room, and sauna for your enjoyment. The beach is right across the street and for night time entertainment walk the famous Flora Bama Lounge that is 200 yards away. Book a faboulous Bella Luna Unit at www.gotothegulfcoast.com

Turquoise Place Sets The Mark For High End Rentals and the Price is Surprising!

Tamala  Prickett: Real Estate Brokerage in Orange Beach, AL

Prickett Properties, LLC is pleased to announce that is has included four Turqoise Place condos in its property management program. The condos are furnished and ready for rental at www.GoToTheGulfCoast.com

Here are my thoughts on what this resort has to offer for guests. The resort is phenomenal with amenities not paralleled even at branded, high-end resorts such as the Ritz Carleton and Four Seasons. I have traveled quite a bit and stayed at many a $500 a night hotel, but never have I seen what Turquoise Place will offer guests. This condo is not remotely in the $500 a night category, but surprisingly it is only $500 a night in the peak season and even less during the Fall, Winter and Spring months. A large family can split the cost of staying in these spacious condos, and have a vacation experience like none other.

Let me start off by saying that the resort sits on 900 feet of beach front property so the location is not compromised for amenities. Every oversized balcony features a private hot tub and outdoor kitch fit for the grill master! Imagine yourself, soaking in your private hot tub overlooking the white sandy beaches and turquoise waters of the Gulf. No really, think of yourself there. Nice, huh? Now, imagine that your condo with over 2400 square feet which has a state of the art kithchen with a huge Sub Zero refrigerator, Wolf Gas range, and large dining area ready to entertain your entire family and friends. You can cook like a real chef in this culinary masterpiece while the others are enjoying the spacious living area with a gas fireplace overhung by a 50 inch flat screen TV.

After you enjoy your fabulous dinner and afternoon drinks in the hot tub, why not wind down in the master bath? The jacuzzi tub is large enough for two and fit for a queen. Still need to finish up your television shows? Don't worry, there is a flat screen in the master bath as well.

The resort itself has brilliantly designed an indoor pool area, larger than any I have seen, with a kiddie slide and underwater speakers for those swim lap enthusiasts. There is also an outdoor lazy river. The fitness center rivals any large chain gym with numerous "TRUE" cardio machines and a full weight-lifting gym.

Ready to make your reservation? We are ready to help you. Please visit www.GoToTheGulfCoast.com for rates, dates and up to date availability. If you have larger groups, remember that we have two of the Turquoise Place condos side by side for a total of 6 bedrooms.

Happy Vacationing!

Tamala Prickett

www.GoToTheGulfCoast.com

Turquoise Place Open for Business

Tamala  Prickett: Real Estate Brokerage in Orange Beach, AL

Turquoise Place Orange Beach Alabamawww.TurquoisePlaceRental.com

Turquoise Place sets a new standard in Orange Beach and has opened for business. Prickett Properties LLC is proud to announce that it will be managing four vacation rentals in Turquoise Place, directly on the beach. Each of the condos have 3 bedrooms and 3 baths and a mountain of high-end amenities. You can view these condos and book them online at www.GoToTheGulfCoast.com. You may also find Turquoise Place condos for sale by using our "search the MLS" feature at www.GoToThegulfCoast.com Below is an interesting article originally published in the Mobile Press Register about Turquoise PlaceThe Mobile Press Register recently publised one of many articles about Turquoise Place. Here are some of the highlighted comments about Turquoise Place:Beyond its imposing scale, Turquoise Place seems to set a new standard for high-end high-rises on Baldwin County's beaches.

"I think what (Turquoise Place) shows is that Orange Beach is a market with very upscale accommodations," said Mayor Pete Blalock. "There's maybe one or two other projects on the scale of Turquoise, Opal and Caribe and Turquoise may be above them."

To say that the condos in Turquoise Place come well appointed is an understatement. Many of the fixtures and appliances dwell in the "if you have to ask, you can't afford it" price range.

Architect Forrest Daniell said the tower was designed so that support columns on the balconies could be arranged to provide the widest views possible from each bedroom. In some cases. the project's structural engineers had to reinforce certain floors to move columns that might otherwise obstruct the views from where beds would likely be situated, Daniell said.

On the 24th floor the Gulf-side views afford a panorama that stretches from Pensacola Beach to The Beach Club resort on the Fort Morgan peninsula. The northern view is equally stunning. While waiting for one of the tower's six high-speed glass-and-tile elevators, the northern tips of Wolf Bay and just about every roof in Orange Beach can be seen.

Among the common amenities are an indoor pool equipped with underwater speakers, a lazy river on the fourth floor, a steam room, sauna and a 3,000-square-foot gym that includes some 40 pieces of equipment, from treadmills to free weights. Outside, a Gulf-side swimming pool is under construction, and a lawn with grasses derived from a species found growing on African beaches that can be watered with saltwater has been laid between the tower and the dunes.

Turquoise Place's palette and subtle motifs are carried throughout the project from designs in the tile floor, curves in the drywall, the un dulations of the balconies, the curve of the dune walkover and the orange and blue arched pattern that is painted on the interior hall walls of several floors, forming a design that is best viewed at night from across Cotton Bayou.

While most units will serve as second homes, some will be rented. The first buyer to close on his unit, for example, has already lined up renters for the July 4 weekend as well as several other summer slots and snowbird season, Ramey said.

"This is a fantastic building that has all the amenities anyone could want," Daniels said.

To View more information or book a Turqoise Place condo online visit www.GoToTheGulfCoast.com or

www.TurquoisePlaceRental.com

Gulf Front Condo Prices seem to be leveling off along the Alabama Gulf Coast and Florida Panhandle!

Elizabeth Helton: Real Estate Agent in Orange Beach, AL

Real Estate Market Analysis and Sales Data: Orange Beach, Gulf Shores, Fort Morgan and Perdido Key, FL
Updated: October 17, 2008

It was the best of times; it was the worst of times.

WOW! We are busy at the beach. The phones are ringing and people are here looking every day - prospects seem to be considering real estate investments again. My latest review of this year's sales stats tells me that these prospects may be on to something!! All year, we have watched the prices fall and sales volume increase which have lead me to believe that stabilization might be occurring. If the prices continue to stabilize through the 4th quarter, we may be on the road to a healthy real estate market with normal appreciation and a BIG sigh of relief!!!

In the tables below, you will notice that the gulf front condo listing inventory and price per square foot averages both dropped since my last analysis in August. The closed sales analysis tables below show increased sales volume year to date over 2007 sales year to date. Increased sales volume has been a consistent trend that we have noticed each month and each quarter this year over last year. Our sales volume is currently up 17% over last year.

The most exciting segment of my analysis today is what I have found in my 2004 - 2008 gulf front condo sales quarterly analysis! The sales volume and the sale price data from the 3rd quarter of 2008 show us that our real estate market is showing signs of stabilization with prices flat lining and not dropping for the first time since the 1st quarter of 2006!! I can not tell you how good that line was to type!!!

Personally, I think that the 4th quarter of 2008 may bring more good news for the Alabama Gulf Coast and Perdido Key Real Estate Markets. There are excellent investment opportunities currently available! Many that qualify for the GoZone Act (accelerated depreciation that can equal to HUGE tax relief). The GoZone Act for our area will expire December 31, 2008 - as a result, I believe we will see a run on GoZone  properties over the next 2 months - this should stimulate sales during our typically quiet 4th quarter. Also, be sure not to let the high real estate inventory fool you! It may seem like there are unlimited choices, but once you begin to really analyze the current inventory...you will see that there are only a few really good deals that make sense either short term or long term.

Income producing gulf front condos that are priced correctly or aggressively and with a track record of high rentals are moving. A handful of these properties are within $1,000 of cash flowing with 20% down; heavy rentals; moderate HOA fees; among other factors. A bank just released a few GoZone qualifying direct gulf front units for $275/SF - these were built in 2006; have nice amenities and strong rentals - prefect investment property - not to mention, you can enjoy this investment choice yourself from time to time.

Luxury gulf and bay front condos are also moving very well! The Baldwin MLS shows that 42 area condos have sold this year at a price over $700,000 (11 of the units have sold over $1MIL). I think this is a great time to buy a luxury unit at a fantastic price and have an amazing TANGIBLE investment to enjoy with your family and friends. The luxury units are great long term investment properties.

Beach houses are really seeing some action this year!!! 13 gulf front houses have sold year to date, ranging in price from $641,500 to $3,150,000. This is up from ONLY 4 sales year to date in 2007!! THIS IS GREAT NEWS!!

Beach lot sales are up just slightly over last year, but I feel that we are going to see increases in sales volume on beach lots soon. There are a few beach lots available right now for fantastic prices (75' Gulf front lot in Gulf Shores for $995K). If you have ever dreamed of having a beach home then now is the time to do your shopping. When looking at beach lot and beach house data, you have to keep in mind that the beach property that currently exists is not increasing. We do not have many vacant beach lots left! This lack of supply will catch up with us at some point - may be several years, but it will happen.

Lagoon front lot sales are about the same as last year - there are some amazing buys on lagoon front and non waterfront lots right now! Sellers are reducing to get the lots sold - just another long term investment option to consider.

Bay front properties in Orange Beach and Ono Island are down from last year - the major reason why is this: sellers and their agents have not known where to price their bay front properties due to lack of sales. Without comps, pricing becomes a guessing game and can get quite frustrating. However, we are seeing price reductions on these properties, so my advice is to keep an eye on the activity. There are several bay front properties. These prices will not be around forever, so if you have ever wanted to be on our fabulous backwaters...now is the time to buy.

Be sure to review the actual data below that I have referenced in my analysis. Please email or call me with any questions that you have! I am happy to provide personalized analysis on any property - just ask! Also, email me if you want a list of my favorite investment properties currently available!

Please take a moment to look over our current listing inventory - we work very hard to price our listings correctly and we have some GREAT INVESTMENT OPPORTUNITIES!!

Click here to view The Helton Group Listings - Houses, Condos, Lots, Commercial!

 

Current Active Listing Analysis:
Gulf Front Condo Units (1062 Total Gulf Front Listings as of 10/17/2008)

  Low High Average
List price $119,000 $2,795,000 $540,348
Price/SF N/A $749 $392
Days on market 2 1483 280

 

Closed Sales Analysis: 313 Sales YTD 2008
Gulf Front Condo (All types): 01/01/2008 - 10/17/2008

  Low High Average
List price $102,900 $3,400,000 439,655
Selling Price $99,500 $2,775,000 407,031
Price/SF $146.55 144 $314
List/Sold % 70% $556 93
Days on market -6 1148 141

 

Closed Sales Analysis: 260 Sales YTD 2007
Gulf Front Condo (All types): 01/01/2007 - 10/17/2007

  Low High Average
List price $149,000 $2,500,000 $520,412
Selling Price $135,000 $2,500,000 $482,222
Price/SF $168 $687 $379
List/Sold % 67% 100% 93
Days on market -95 819 219

All info herein obtained through the Baldwin County MLS System.
Info is deemed reliable but cannot be guaranteed.

 

Blue Skies and Fluffy Clouds in Orange Beach......This is not what I Expected from Tropical Storm Fay!

Ann Allen ~ SRES ASP e-PRO REALTOR® ~ Birmingham Alabama Luxury Homes: Real Estate Agent in Hoover, AL

clouds

This is a photo I took while sitting out by the pool at the Perdido Beach Resort August 26, 2008. Tropical Storm Fay was supposed to make for a very soggy beach trip, however, at our location in Orange Beach we had dryer weather than anywhere close to us. The storm just spun around us and we had lovely weather and beautiful skies like this much of the time. It was very breezy and the clouds were moving fast.

Ann Allen Birmingham AL Realtor

Courtesy of Ann Allen, e-Pro, SRES, ASP

BIRMINGHAM AREA REAL ESTATE

205.902.4868

Keller Williams

One Chase Corporation Drive, Suite 150

Hoover, AL 35244

Ann@AnnAllenTeam.com

© 2008 Ann Allen, All rights reserved