Seclusion Bay on St. Andrew Bay in Panama City
From: http://www.Pricemorgan.com
Seclusion Bay located on St. Andrew Bay and is only 10 minutes away from the Gulf of Mexico by boat for the fishing enthusiast. The bay itself offers calm, clean waters for skiers, personal water-crafts, and those with pontoon boats.
Seclusion Bay features its own private pool, playground and 14.85 acres of expansive private grounds, ideal for the vacationer who wants peace and quiet or the year round resident who wants to get in the boat and go fishing or water ski.
This luxury development will have 221 units, each with a western facing balcony to enjoy a beautiful sunset on the bay. Each building is four stories tall and appointed with the finest details from granite counter tops to stainless steel appliances.
One of the main things you will want to consider when reviewing pre-construction opportunities is the aspect of performance. Many times developers will make reservations available but will fail to go forward with closing on the land or will take months and months to do so. All the while all you have is a reservation and sometimes the project will never mature. This would leave you out in the cold and your investment dollars have been needlessly tied up for a period of time.
Seclusion Bay is ready to go. The developer is ready to close on the land which means you don’t have to wait and wonder if this project is going to happen. Additionally, what we see with our experience is when construction actually begins the interest in a project heightens. Won’t it be nice for you to have a unit under contract when the general public sees the progress and is asking to get in.
We are conducting a conference call THIS THURSDAY at 10:00 AM (Central time).
Click here to register for the call.
This is a FREE call and a great chance for you to listen in on this project.
In the meantime, here are some questions you may have right now.
What are the terms?
Reservation will be $10,000 and Hard Contract will be 20% less the $10,000. Half of the 20% can be Letter of Credit.
Are Contract Assignable?
Yes. This is a key component for those who wish to “flip” the contract and don’t want a double closing.
When is Hard Contract?
Mid November. This just goes to show the strength of this project. The land is already closed and this project is going to happen.
What is the price point?
$325/sf! Yes, bay front for only $325/sf. Comps in the area are in the $400/sf range. This developer knows he’s creating quite an opportunity for buyers.
What are the size of units?
These 4 story buildings will have floor plans ranging in size from 1,163 to 2,626 sf.
I look forward to having you join us on our call.
Steve Presley
1.888.251.0850
www.pricemorgan.com
Add comment October 12th, 2005