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I looked at the calendar this morning and my unit #1004 at the Destin Pelican Beach Resort is still open for the week of Christmas.
My wife wrote a poem inviting your family to Destin for Christmas vacation. For the next couple of months, the rate is rent 3 nights get the 4th night free or rent 5 nights get 2 nights free.
A snowbird has the condo booked from Jan 1- March 14th.
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5 Bedroom 4 Bath Home in Fort Walton Beach Florida
Great Spacious House for a Large Family in Kenwood Area for only $525,000
103 Mooney Road, Fort Walton Beach, Florida
For more information call my cell 850-585-6291 or visit my site www.FWBHomesAndCondos.com
Front View of This 5 Bedroom 4 Bath Home
This large 5 bedroom 4 bath home in Garniers Height Subdivision is located on 0.61 acre lot in a very close distance to the Bayou. This house has insulated walls to prevent from the outer noise and improve the level of energy efficiency. Increadibly large master suites in this 5 bedroom 4 bath home are both on the ground and upper levels each. The property has an in-ground pool that is heated by the solar bateries located on the roof. The same solar bateries heat the water for the whole house. This 5 bedroom 4 bath home is ventilated by the fan that pulls all the hot air out. The house was built on an elevated concrete slab to stay high above the water level. Bonus room on the second level has a potential to be remodeled into an office, exercise rom, or divided into two separate bedrooms.
Master Suite on the Groud Floor of this 5 Bedroom 4 Bath Home. On this picture you can see the unique hand-made glass window shutters.
Gorgeous Marble Tubs and Window Sills in the Bathrooms in this 5 bedroom 4 bath home
This 5 Bedroom 4 Bath Home has a Solar Heated In-Ground Pool with a Pool House that is Joint with a Gazebo and has a full bath!
Moreover, the biggest asset of this 5 bedroom 4 bath home is location in a quiet and safe Kenwood area of Fort Walton Beach. It is located close to the largest employment center in the area - Eglin Air Force Base. The other two military bases located nearby - Hurlburt and Duke Field Bases. Medical offices along with Fort Walton Beach Medical Center, Tennis courts and Golf Course make this 5 bedroom 4 bath home conveniently located close to all supporting facilities.
Local Okaloosa schools are ranked the best in the State of Florida.
Fort Walton Beach metropolitan area serves as a bedroom community for Eglin Air Force and Hurlburt Field Bases. Originally known as a fishing camp, Fort Walton Beach population increased with development of military areas during World War II. The influence of the military bases is still here with majority of the population either active duty miltary or retirees.
Major employment in the Fort walton Beach area include military activity as well as tourism due to the location on one of the most beautiful beaches in the whole world. Boating, surfing, swimming, fishing, enjoying the beach in all its beauty and mild climate all year long - that is the attraction for tourists. The summer season seem to draw the most of the croud, making the traffic a challenge. Winter season brings the snow birds - the residents from the northern states of the United States as well as Canada and even Europe!!!
Okaloosa Island is the place where the tourists find their seasonal rentals. It is a narrow strip of sand crouded with beach-front condominiums of all shapes and sizes.
Local industry is relatively clean. There are no significant levels of pollution in the air, water, or soil that adversely affect health or real estate values.
Watch an E-Tour for this 5 Bedroom 4 Bath Home Below:
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Location Map for This 5 Bedroom 4 Bath Home:
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Today's Spotlight is on Villa Coyaba....one of Destin Florida's finest Condominiums. One of the most attractive things about this property is it's size. Villa Coyaba is a 4 story complex with 30 total condos. Many buyers enjoy the intimate setting and lack of crowd that is offered.
Built in 2006, Villa Coyaba is built with incredible construction. Poored concrete and complete with the latest in wind resistant glass. With the exception of the top floor penthouse, all floor plans are identical with the exception of furnishings and upgrades.
Size: 2200 sq ft
Beds: 4 plus office/bunk room
Baths: 3 full
Kitchen includes 3cm granite and all Viking appliances.

There are many things that attract buyers to Villa Coyaba. But 4 stick out as the most popular. The amenities, location, style, and rental income.
The Amenities include a full gulf front swimming pool and lounge area, outdoor grilling and dining area, full state of the art work out facility, and owners private movie theatre with leather reclining chairs.
The location is central to all of Destin's most popular shopping and dining....but on a very quiet stretch of beach.
Villa Coyaba's exterior demands your attention as you past buy. As you will see in the picture below...the developer's wasted no expense to the quality and detail.
For those seeking a return, Villa Coyaba has become one of Destin's most sought after rental options. Because of the amenities, style, and location, Villa Coyaba is set to bring a healty return and appreciation to all of the owners who wish to take advantage of this option. Gross rental revenues currently range between $85,000-$100,000 per year!
I have personally sold 2 condos in Villa Coyaba this year and would love to invite others to take advantage of the current opportunities. Prices range currently from $990,000-$1,499,000.
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All real estate value is based on the concept of "highest and best use." Okaloosa County has a duty to its taxpayers to exercise this principle in relation to the Island Golf Center land in order to increase the county's tax base if the land is sold or to obtain maximum lease payments if it is leased.
A wrong-way decision could cost taxpayers millions or even billions of dollars in future real estate tax payments or lease payments.
Okaloosa County is not performing its governmental functions if it is not actively soliciting proposals to turn this non-performing asset into a revenue source for county taxpayers.
Okaloosa County probably has other non-performing assets that are not of such high value as the subject property, and which would better serve the Emerald Coast Wildlife Refuge and the taxpayers with much less danger of a hurricane wiping them out. I doubt the Island Golf Center property would be a tourist attraction.
"Highest and best use" might be a swimming beach for Okaloosa County residents and tourists. At least this would give the taxpayers a good return on their asset and provide well-deserved recreation for a large number of citizens. The island conference center (another non-performing asset) parking lot could accommodate the "swimming beach" patrons.
- BOB REISENWITZ

While I can see where Bob was coming from to make his point of an unused asset that is just his view with giving less value to the natural resources than I might of and saving habitat was what I took from the story. I would say there are other assets in other locations of Okaloosa County that are not being used to the highest and best use that could result in more dollars in other areas. Take a look at Crestview Main Street for example.There were other points of view that raised other views too.
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Counter comments made on article written from Northwest Florida Daily
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whereami wrote: Bob must be a swimmer. BTW, I don't think real estate valuation is based on highest and best use, but rather current use. Otherwise, any house on highway 98 would be appraised based on commercial value, not residential value. Likewise for acres and acres of St Joe development property. 10/27/2009 8:10 AM CDT on nwfdailynews.com |
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grunttgh wrote: So when he says ""Highest and best use" might be a swimming beach for Okaloosa County residents and tourists." He really means "Mr. Reisenwitz: If the County followed your way of thinking we would have no county parks/recreation areas, boat ramps, etc, as all of these properties would be sold to provide revenue sources." interesting 10/26/2009 1:27 PM CDT on nwfdailynews.com |
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daveparisot wrote: Mr. Reisenwitz: If the County followed your way of thinking we would have no county parks/recreation areas, boat ramps, etc, as all of these properties would be sold to provide revenue sources. Even your proposal to use this County land as a "swimming beach for residents and tourists" would probably not qualify as "highest and best use" in the eyes of many of our fellow county residents and taxpayers. The Emerald Coast Wildlife Refuge has requested use of only about three acres of the approx. total 35 acres, and I doubt very much (by the comments made at the County Commissioners Meeting on Oct 20) that any of this land will be sold to the group, but perhaps a low-cost lease. I believe it may be possible to have multiple uses for these 35 acres of County-owned land, but I am not in favor of any of it being sold to developers to build more condos. There are already plenty of those on Okaloosa Island. 10/26/2009 12:49 PM CDT on nwfdailynews.com |
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