Jane Araguel and Team
Jane Araguel and Team )
Volume 2, Issue 6 2006
In this issue...
  • Market News
  • Market Activity
  • Just Listed
  • Just Listed
  • Additional Properties For Sale
  • Mortgage Rates
  • Meet Our Team

  • Have a Safe and Happy 4th of July! If you are in Destin and would like to see some of the wonderful properties we have to offer, a member of our team will always be avaiable.


    Market News

    New-Home Sales Rise in May
    Sales gain due to builders’ extra efforts to attract potential buyers, NAHB president says.

    Today’s HOME Spun Wisdom
    Planning a backyard fireworks show for the Fourth? Read these tips on how to use fireworks safely and protect yourself from unnecessary accidents this holiday.

    Foreclosures Up 28 Percent From Last Year, According to RealtyTrac Report
    Colorado, Georgia, Texas post highest rates.

    Rising Monthly Payments Are Greater Barrier to Homeownership Than Down Payments
    One out of three Americans worries that rising monthly payments – especially property taxes and energy costs – will force them to sell their home.

    Market Activity

    Statistics for Destin and South Walton West
    06/01/2006 to 06/30/2006


    Detached Single Family Homes
    Status Total Avg List $ Avg Sold $ Median Price $
    New 146 $1,075,714
    -
    $767,450
    Sold 33 $804,391 $709,470 $536,000
    Active 1134 $1,161,727
    -
    $782,000

    Condominiums
    Status Total Avg List $ Avg Sold $ Median Price $
    New 195 $739,646
    -
    $539,900
    Sold 33 $733,989 $696,031 $620,000
    Active 2408 $766,382
    -
    $585,000

    Residential/Vacant Land
    Status Total Avg List $ Avg Sold $ Median Price $
    New 43 $798,429
    -
    $545,000
    Sold 3 $1,596,300 $1,194,533 $580,000
    Active 552 $828,513
    -
    N/A

    Just Listed
    Destiny By The Sea

    Destiny by the Sea

    4773 Ocean Blvd.

    This magnificent home was built by custom home builder Noblin Construction a blue ribbon winner in the Parade of Homes and exquisitely decorated by award- winning Sugar Beach Interiors. Immaculate three story luxury home is directly across from the Gulf and has fabulous water views from all seven balconies, living room, master bedroom, and guest rooms. The first level has two bedrooms, with full baths and large walk-in closets, a full service laundry room with mini fridge, microwave, and sink. The second level is spacious and inviting with Jerusalem stone floor designs, rich wood crown molding, and marble baseboards in the kitchen, plantation shutters, arched doorways and columns puts this one above the rest. The third level hosts the master suite with gas fireplace, a hide away bar with a wine rack and mini fridge. Crown molding and recessed lighting and TWO private balconies complete this suite. An additional guest bedroom with full bath which can be used as an office is located on the third floor.


    5 Bedroom, 5.5 Bath, 3,597 square feet

    $2,975,000

    Just Listed
    SailWatch Landing Penthouse

    SailWatch Landing Penthouse

    Exclusive Sound Front Penthouse Unit that boasts 2711 square feet, plus two balconies facing the water. SailWatch Landing is an exclusive 29 unit gated waterfront condominium community set in a serene park-like setting on the Santa Rosa Sound on the Intercostals Waterway, strategically located in the rapidly expanding Brooks Street revitalization. Many upgrades have been added to the Penthouse; Granite countertops, stainless steel appliances, built- in ice maker, refrigerator, gourmet DCS, gas fireplace, great floor plan: this Penthouse floor plan has been modified to add an additional powder room. Other features of this unit include; arched doorways, crown molding, oversized water heater, stackable washer and dryer, with an additional dryer and sink in the laundry room. You will find travertine throughout and custom stone baths and showers, 9.5 ft. ceilings and granite vanity tops. There is a 2nd master on waterfront with a separate balcony, custom fans, two private garage spaces come with this unit plus an extra storage. The unit has been wired for surround sound. Nothing has been overlooked. The elevator is just steps from your doorway. Other amenities include an enclosed garage, and community dock with boat slips. SailWatch Landing features a scenic pool with a 1633 sq. ft. sun deck and a 10 ft. boardwalk on the Sound. Adjoining boat slips will be in a no wake zone and available for purchase with one slip available for all owners' use. Relax on your balcony and watch passing boats, the sunrise and sunsets, and enjoy the tranquility of elite waterfront living. Enclosed garages under the buildings will allow you to store jet skis or vehicles. A boat launch and dry dock storage is within sight of the complex. Starbucks and Publix are directly across the street. Many great restaurants and shops are within walking distance. Great opportunity to be one of the first owner/investors in this newly revitalized Brooks Street area and is Located 20 minutes from Okaloosa County Regional Airport. Boat Slips still available for additional cost.

    5 Bedroom, 5.5 Bath, 2,883 Square Feet

    $1,450,000

    Additional Properties For Sale

    JUST LISTED

    HOMES

    • Details 8809 ST ANDREWS DR, DESTIN, FL - $749,000
    • Details 308 SHORE DR, DESTIN, FL - $1,950,000

    CONDOS

    • Details GARDEN VILLAS, #625, SANTA ROSA BCH, FL - $595,000
    • Details INLET REEF CLUB, #207, DESTIN, FL - $825,000
    • Details GRAND HARBOR, #930, DESTIN, FL - $1,495,000
    • Details HOLIDAY ISLE TOWERS, #903, DESTIN, FL - $2,095,000
    • Details VILLA COYABA, #405 Penthouse, DESTIN, FL - $4,495,000

    Mortgage Rates

    Mortgage Rates

    U.S. averages as of June, 30 2006:

    30 yr. fixed:..........................................6.84%
    15 yr. fixed:..........................................6.49%
    1 yr. adj:..............................................6.19%

    These rate percentages are for informational purposes only. Consult your mortgage broker/bank for more infomation on current mortgage rates. A member of Jane Araguel and Team will be happy to discuss current market conditions and mortgages that may work for you.

    Meet Our Team
    Toll-Free: 1-800-650-3788

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    Jane Araguel and Team, Coldwell Banker JME Realty | 36008 Emerald Coast Parkway | Suite 501 | Destin | FL | 32541