What You Get For $1,000,000 Rosemary Beach, FL
March 3, 2013 | Miriam Dillon
In keeping with the premise of educating you on what you can get for your money in Rosemary Beach, FL, here is the second post in the series. I reported here on what you could get for $500,000 and below in Rosemary Beach, FL. Let’s bump it up a bit!
There are nine properties on the market between $500,000 and $1,000,000 in Rosemary Beach. All of them are on the north side of Scenic Hwy. 30A. This map locates the properties.
Three of homes are condos and six of them are single family homes. The prices range from $619,000 to $997,750 with the lowest and highest priced properties being condos. Six of the properties are vacation rentals, two are owner occupied and one is a second home.
Select this link to see the details on the properties in Rosemary Beach, FL that are priced under $1,000,000 (and above $500,000).
Approximately 60%-70% of the homes and condos in Rosemary Beach are short term, vacation rentals. Typically these properties will be booked solid from spring breaks (early March) through Labor Day weekend, with a couple of off weeks between spring breaks and Memorial Day week. The only time the properties can be viewed is on the turn day (usually a Saturday or a Sunday, but varies by property). Great news if you are looking for revenue generating property! This is really important to keep in mind if you are a buyer during season. Plan late day departures so you can view properties after checkouts – usually 10 am and be prepared to view them as they are being cleaned!
The number of properties on the market under $1,000,000 in Rosemary Beach has dropped significantly since 2011. Only 9 properties are on the market as of March 1, 2013 as compared to 32 properties on the market in 2011!
Conclusion: If you are looking for property in Rosemary Beach and don’t want to spend more than $1,000,000 – you better move quick! Email me: email@example.com or call 850.830.4753