Destin on Sale: ABSOLUTE Auctions on the Way

[SHELLY]

Auction Season must be heating up....All ABSOLUTE:

Development Extravaganza (Their words, not mine)
Destin, Florida
Date: TBA

10+- Acres, adjacent to West Side of Big Kahuna Water Park
on Hwy 98
10+- Acres, adjacent to Chick-fil-A on Hwy 98
5+- Acres, Harbor Front adjacent to Marbella
100+- Feet, Beach Front on Old 98, adjacent to
Destiny-By-The-Sea
4.7+- Acres on Hwy 98, Navarre
150+- Feet on Hwy 98, Bay Front, zoned for Hotel, Navarre
Hwy 98 Townhome Development Site, Holly-By-The-Sea
20+- Acres at Hwy 85 & I-10, Crestview

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Marbella
World-Class Harbor Front New Condos
Destin, Florida
Date: TBA

6 Beautiful New Condos in Destin’s Premier Harbor Front Development.

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Marbella Penthouse
Spectacular Penthouse on Destin Harbor
Destin, Florida
Date: TBA

Destin’s most Spectacular Harbor Front Penthouse with Boat Slip
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<Balloon Futures are going to go through the roof!>

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[beachmouse]

There is some seriously prime commercial land on the list there. It will be very interesting to see how it sells and what it becomes.

On the other hand, Destin seems like it's maxed out on strip malls at this point. Seems like they're having a hard time getting tennants into the Marshall's/Fresh Market plaza area. The Crestview parcel probably has the best shorter term upside, since they're actually still getting new residents up there.

[kurt]

Those condos are primo if you like that sort of thing.

[barefootguy]

There had been 2 parcels of land along 85 and I-10, one north and one south of 10, that were cleared and had signs telling about the shopping mall being built. Both signs went away. The one north of I-10 changed to a townhomes coming soon sign for a while and then it too went away. There was also a bank that had been built up on the North side of town that was never allowed to open. We found it odd while we lived up there that there were so many homes being built, but no place to make or spend your money. The is also nothing to do in your spare time. A great friday night date was dinner at Applebee's and then on to Lowes until they closed, and then topping it off with a late night walk through Walmart. We tried a movie one night but they sent us home. They wouldn't show the movie unless there more than 5 people.

[beachmouse]

At one time, we were looking at Crestview homes south of I-10, and were impressed at how much home you could get for the money. And then we got past the subdivision mounment and realized just how far away we were from everything we loved about the area, and how it would be a hike to get to what we thought of as resembling civilization.

We decided we didn't want to wait 10+ years for Crestview to get interesting, and bought a smaller home closer to the beach.