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.
Many are interested in owning Gulf front real estate, but do not understand what is involved with permitting etc....
Below is a breakdown from the Florida Department of Environmental Protection that outlines the control. If you have any questions about a specific property in Destin, Fl, do not hesitate to contact me and I will answer or get you in touch with the person who can.
The Coastal Construction Control Line Program (CCCL) is an essential element of Florida's coastal management program. It provides protection for Florida's beaches and dunes while assuring reasonable use of private property. Recognizing the value of the state's beaches, the Florida legislature initiated the Coastal Construction Control Line Program to protect the coastal system from improperly sited and designed structures which can destabilize or destroy the beach and dune system. Once destabilized, the valuable natural resources are lost, as are its important values for recreation, upland property protection and environmental habitat. Adoption of a coastal construction control line establishes an area of jurisdiction in which special siting and design criteria are applied for construction and related activities. These standards may be more stringent than those already applied in the rest of the coastal building zone because of the greater forces expected to occur in the more seaward zone of the beach during a storm event.
Chapter 62B-33, Florida Administrative Code, provides the design and siting requirements that must be met to obtain a coastal construction control line permit. Approval or denial of a permit application is based upon a review of the potential impacts to the beach dune system, adjacent properties, native salt resistant vegetation, and marine turtles.
Coastal Construction Control Line Permit Managers
The CCCL permit managers are in charge of reviewing permit applications, issuing permits, ensuring compliance and consulting with permit applicants.
| Permit Managers | Coastal Counties Served | Phone Number | E-mail Address |
| Fritz Wettstein, Environmental Manager | Statewide Permit Support | 850-921-7780 |
John.Wettstein@dep.state.fl.us |
| Michael Wetherington, P.E. II | Armoring Projects Statewide | 850-921-7846 |
Michael.Wetherington@dep.state.fl.us |
| Celora Jackson, Engineer IV | Dade, and Palm Beach | 850-921-7757 |
Celora.A.Jackson@dep.state.fl.us |
| Dr. Muthuswamy Subbuswamy, Engineer IV | Charlotte, Pinellas, Manatee, and Sarasota | 850-921-7821 |
Muthuswamy.Subbuswamy@dep.state.fl.us |
| Kristen Sella, Environmental Specialist III | Brevard, Indian River, St. Lucie, and Martin | 850-921-7778 |
Kristen.Sella@dep.state.fl.us |
| Rolando Gomez, Engineer III | Escambia, Santa Rosa, Okaloosa, Walton, and Bay | 850-921-7841 |
Rolando.Gomez@dep.state.fl.us |
| David Kriger, Environmental Specialist III | St. Johns, Flagler, and Volusia | 850-921-7848 |
David.Kriger@dep.state.fl.us |
| Valerie Jones, Environmental Specialist III | Duval, Gulf, Franklin, Wakulla and Nassau | 850-921-7849 |
Valerie.Jones@dep.state.fl.us |
| Robert (Bobby) Halbert, Environmental Specialist III | Broward, Collier, Lee, and Monroe | 850-921-7752 |
WEST BAY - Southwest Airlines CEO Gary Kelly officially announced Wednesday the low-cost carrier will begin service to the new Northwest Florida-Panama City International Airport when it opens in May. Tickets will go on sale in December.
Kelly's announcement came shortly after 1 p.m. Wednesday live via "streaming video" as part of Southwest's media day from Dallas, about 15 minutes after the start of the a Panama City briefing attended by local business leaders and government officials. Kelly said the airline will bring an all-Boeing 737 fleet and the company's bags-fly-free policy.
"We have been overwhelmed by the energy Panhandle residents put on Southwest to come to their region," Kelly said during his video address. "It was very, very clear they wanted us. We are so flattered by that."
Southwest will fly up to eight daily flights to four cities, Kelly said. Nashville, Tenn., and Baltimore-Washington International in Maryland are two of the four destinations.
Speaking about the current airline situation in the Panhandle, Kelly said the region was an "underserved, overpriced tourist gem. ... It sees 16 million visitors by car each year."
Kelly said the company is entering into a strategic alliance with the St. Joe Co., which donated the land for the new airport.
The St. Joe agreement will "ensure Southwest will break even for the first three years, which reduces the risk profile that is typically associated with opening new markets," Kelly said.
Local and state leaders were meeting at the airport for the expressed purpose of hearing an update on construction progress and airline marketing efforts, but Southwest's announcement had been anticipated.
The new airport is set to open in May, and Kelly's confirmation answers one of several questions still remaining, such as whether a low-cost carrier like Southwest Airlines is coming to the West Bay location.
Officials and business leaders in Pensacola, Okaloosa County and Panama City have been courting the coveted carrier for months, citing lower fares that can bring in more tourists and businesses.
"The Panhandle has so much to recommend it," said U.S. Sen. Bill Nelson, D-Fla. and a leading advocate of the new airport serving the region. "I know that as more and more people and businesses learn about the area, we'll attract even more jobs and opportunities."
Very interesting peak into what is going in the market. This certainly answers the question of how many short sales are in the market for buyers and the ratio of total sales that are bank decisions.
| From 7/1/09-9/7/09 | Residential Land | |||
| Areas 17 & 18 (30A) | ||||
| Price Range | Sold | Under Contract | U/C that are SS | U/C that are REO |
| 50,000-100,000 | 9 | 12 | 1 | 6 |
| 100,000-199,999 | 5 | 13 | 5 | 2 |
| 200,000-349,999 | 8 | 12 | 6 | 2 |
| 350,000-499,999 | 1 | 3 | 1 | 0 |
| 500,000-749,999 | 4 | 4 | 3 | 0 |
| 750,000-999,999 | 2 | 4 | 0 | 0 |
| 1,000,000-1,499,999 | 2 | 3 | 0 | 0 |
| 1,500,000-1,999,999 | 1 | 0 | 0 | 0 |
| 2M+ | 1 | 1 | 0* | 0 |
| From 7/1/09-9/7/09 | Detached Single Family | |||
| Areas 17 & 18 (30A) | ||||
| Price Range | Sold | Under Contract | U/C that are SS | U/C that are REO |
| 350,000-499,999 | 13 | 32 | 23 | 1 |
| 500,000-749,999 | 9 | 14 | 9 | 2 |
| 750,000-999,999 | 9 | 16 | 12 | 0 |
| 1,000,000-1,499,999 | 7 | 6 | 5 | 0 |
| 1,500,000-1,999,999 | 6 | 5 | 4 | 0 |
| 2M+ | 2 | 4 | 2 | 0 |
If you are one who wants to feel like they are taking advantage of an opportunity in this market....well here it is. Located in one of Destin's most desirable Bay front Golf communities. The Waterford neighborhood currently contains some of the most incredibly built and designed waterfront homes in all of Destin.
Currently listed with other comps @ $1.2M...But BRING ALL OFFERS! Prepared to see all and present to bank for approval.
Lot Size: 1.6 Acres (100x444) Huge!
Price: $1,200,000 But Bring All Offers
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Introducing buyers to Destin Florida Luxury homes, Sandestin Luxury homes, and a valuable resource for first time home buyers in Destin Florida area.
It's a relaxing thing to know that everything you have done in your career has brought you to where you are now. I have had the luxury of working for some of the World's top Real Estate and Resort Development Companies. I have held various positions such as Golf Professional, Sales Executive, Sale Manager, Project Manager, and Director of Sales. All of this experience allows me to give my clients views from many angles about their Real Estate purchase or Investment.
My enjoyment in this business is finding buyers and becoming a resource that they can depend on again and again. More importantly I look forward to helping them buy the home of their dreams or help them sell so that they can.
First Time Home Buyers: It is hard to ignore the opportunities being presented to you in the current climate. My goal is helping you maximize on the current pricing as well as the tax advantages created for you. There will probably never be a better time to be a first time home buyer.
Investors: Those who can take advantage of current pricing will see rewards in the future. While the "flipping" fun is over...Destin remains a high volume tourist attraction. Demanding higher rental rates and occupancy than other Gulf Coast competition. The economic climate may have changed, but not the passion of tourists to return to this area year after year.
Luxury: Destin Real Estate represents the finest collection of fine homes on the Gulf Coast. We are very conscience of our clients needs, wants, and desires. There is no doubt that you will find what you are looking for in our collection.
Destin Real Estate Company is owned by Blake and Melody Morar. Blake founded the Company in 1998 and was joined by Melody in 2001, who is now the broker for the Company. Since then, Destin Real Estate Company has grown to include eleven sales associates and an administrative support staff of trained individuals, including assistants, a transaction coordinator and marketing director. Our boutique-style approach to selling real estate allows us to orchestrate the swift and successful sale of your property from start to finish. We have come to specialize in the sale of unique and highly desirable homes and land. An assiduously solid track record continues to sustain our pursuit of new opportunities to enhance the way we do business.
The success of our philosophy is evident in the fact that Destin Real Estate Company is able to sell, in-house, approximately 80 percent of the properties it markets. This is a much higher percentage than normal as most real estate companies simply list properties and wait for agents from other companies to sell them. By employing unique, upscale and direct marketing methods along with an extensive database of buyers, we are able to achieve a high level of success within our target market.
In addition to property specific pieces, Destin Real Estate Company releases its bi-annual buying guide, Premier Spirit of Homes, which showcases all of the Company’s listings.
The tabloid-sized piece is printed on heavy gloss stock and direct mailed to our entire database and made available for pick-up locally. If you would like to receive a copy, please contact us.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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