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Seagrove Villas & Motel Back on Market

SHELLY avatar
SoWal Insider
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Seagrove Villas and Motel back on the market



By Andy Meinen

Monday January 28th, 2008

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SEAGROVE BEACH ? Nearly 300 feet of Gulf-front real estate once touted as a private club for the residents and guests of NatureWalk at Seagrove is now on the market.

A for sale sign stands in front of the Seagrove Villas and Motel on County Road 30A just east of County Road 395.

The office at the motel was closed, and a sign directed people to the Seaside Cottage Rental Agency in Seaside. Jon Ervin, director of public relations and marketing for the agency, said the villas are still open. The agency will accept reservation through the summer, but Ervin couldn?t comment on the future plans for the site.

Messages left for Olson and Associates of NW Florida Inc., the developer behind NatureWalk and the proposed beach club, along with H2O Properties, the real estate company listing the villas, could not be reached Monday afternoon.

The gravel parking lot at the villas was empty, but a few outside lights were on and the pool was still heated.

The beach club would have been an extension of NatureWalk, which is a 155-acre subdivision about a mile and a half north on County 395. A shuttled was planned to ferry residents and guests to the club. The villas would have been razed to make way for 18 condominiums, a restaurant, underground parking and the private beach club.

Replies

40
Smiling JOe avatar
SoWal Expert
#27
I still haven't seen it in the MLS.
Beach Comber
#28
I still haven't seen it in the MLS.

Keep us posted, Smiling Joe. Some of us here in Birmingham are very interested in what happens on our beloved 30A.
Beach Fanatic
#29
MLS 485214.......$21,000,000.00:yikes:
Pirate avatar
Beach Fanatic
#30
MLS 485214.......$21,000,000.00:yikes:

Is there an approved D/O for 100 units on the property no one knows about?
RiverOtter avatar
got any pics?
#31
MLS 485214.......$21,000,000.00:yikes:

ut oh.... looks like i'm out
kathydwells avatar
Darlene is my middle name, not my nickname
#32
ut oh.... looks like i'm out

You can give the $100,000 to me if it is burning you that bad. ;-):wave:
kathydwells avatar
Darlene is my middle name, not my nickname
#33
MLS 485214.......$21,000,000.00:yikes:

:eek: WOW!!!!!!!!!!!!!!!!!
BeachSiO2 avatar
Beach Fanatic
#34
Something tells me those daily rates are going up!!!
Smiling JOe avatar
SoWal Expert
#35
Something tells me they won't sell it at that price. A gulf front home closed a couple of days ago in SoWal for $1.8 million. This commercial use for these four lots could disappear with a fire, so in reality, we are looking at four lots, priced at $21 Million total, plus tear down and removal of existing buildings. They must not have noticed the lull in the market during the last 2.5 years. It sure would be great if they sold it at that price, but I'm not holding my breath. Good luck.
BeachKing avatar
Beach Lover
#36
$5800 USD or so per inch,, That's good
Smiling JOe avatar
SoWal Expert
#37
If Alys Beach had Gulf Front lots available for sale, that price would probably fit, but according to the new blue signs, Seagrove Villas is located in Seagrove Beach.
SoWal Insider
#38
Something tells me those daily rates are going up!!!

I got a quote today, for a 1 bed-room, 2 nights at the end of March was $700 before all the tax add ons. Is this higher than usual?
Smiling JOe avatar
SoWal Expert
#39
I don't know if it's high, but that is during the peak of Spring Break, so rates will be higher than norm, no matter where you stay.
Matt J avatar
SWGB
#40
I don't know if it's high, but that is during the peak of Spring Break, so rates will be higher than norm, no matter where you stay.

Very true SJ, generally Spring Break rates are equal too or slightly below peak summer rates.
NotDeadYet avatar
Beach Fanatic
#41
Are those rates for the newer building? Or for the classic cottages? I sure hope they are not for the old gulf front building. That old building has great views and location but I stayed there once a long time ago and the walls were like cardboard and it was falling apart even then. :eek:

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