Portfolio 30a Jan/Feb 2018

PORTFOLIO30A

Vol. II • Issue 01 JAN/FEB 2018

www.Portfolio30A.com

Claim your Free 30A Sticker (see inside)

It’s more than buying a home...

it’s building a life.

Rosemary Beach ✴ Alys Beach ✴ WaterSound ✴ Seaside ✴ WaterColor ✴ The Retreat

Helping you find your place on Scenic Hwy 30A. Stewart Haire, Realtor®

Accredited Luxury Home Specialist 850.687.4450 ✴ Stewart@HomesOn30A.com Stewart.30APropertySearch.com

ECAR UPDATE

ECAR Update for Portfolio 30A Readers Provided by ECAR in Partnership with Portfolio30A

Community and Military Outreach Committee Raises Funds for Wounded Hero The Emerald Coast Association of Realtors® Community and Military Outreach Committee recently hosted its 3rd Annual Volleyball Tournament benefitting Building Homes for Heroes, an organization dedicated to rebuilding the lives of men and women who were injured while serving during times of war in Iraq and Afghanistan.

Since its inception, the annual tournament has raised thousands of dollars in support of Building Homes for Heroes and our nation’s veterans. Thanks to the generosity of Realtor® members and the Emerald Coast community, ECAR recently donated over $10,000 to the organization in support of this year’s featured hero—combat-wounded U.S. Air Force Cpt. Nathan Nelson.

During his third tour in Afghanistan, Cpt. Nelson was a part of a special operations team that took heavy fire, and he suffered a spinal cord injury from a rocket blast.

Through the donation to Building

Homes for Heroes, ECAR is proud to help provide Cpt. Nelson with a new or modified home—mortgage free.

Thank you to all the teams who came together to help make this contribution possible.

Congratulations to Newly Elected 2018 ECAR Board of Directors Kitty Taylor The votes are in! Our member Realtors® made their voices heard in our 2018 ECAR elections, and we are proud to announce the newly elected 2018 Board of Directors. We recently celebrated the induction of our new leadership team members with an Installation Banquet Congratulations to all! We look forward to another wonderful year of community involvement, networking and service.

Kitty Taylor – Vice President-Elect Keith Wood – Assistant Treasurer Tula Tucker – South Walton Director Tyler Capelotti – Property Management Director Dawn Johnson – At-Large Director Bryan McAliley – At-Large Director Kathie O’Dell – At-Large Director Paula Sherman – At-Large Director Register at ECARCareerQuest.com.

Emerald Coast Association of Realtors 10 Hollywood Boulevard SE Fort Walton Beach, FL 32548 (850) 243-6145 - info@ecaor.com South Walton Office 6757 U.S. Hwy 98, Suite 202.

Santa Rosa Beach, FL 32459

ECAR UPDATE

Kitty Taylor – Vice President-Elect

Incredible Location On Scenic 30A WaterColor Phase I

325 Western Lake Drive Listed for $3,599,000 6 Bedrooms ✴ 6½ Bathrooms ✴ 3,928 Square Feet This newly renovated home offers expansive living areas, a private pool and a desirable location minutes from the Gulf of Mexico in the community of WaterColor.

Contact Linda Campbell or Karen Holder for details.

Karen Holder

Linda Campbell

Broker/Owner 850.687.1064 karen@homeson30a.com www.homeson30a.com

Realtor® 850.830.3173 linda@lindasales30a.com www.lindasales30a.com Accredited Luxury Home Specialists

List it with

Linda and Karen

Call THE Accredited Luxury Real Estate Agents

Spectacular views of the Gulf of Mexico with a lakefont location

230 W. Bermuda Drive | $4,800,000 5 BR | 6½ BA | 7,000 Sq Ft | The Retreat

Prime Phase I home backing to Seaside offering expansive porches

164 Silver Laurel Way | $1,195,000 3 BR | 3 BA | 2,644 Sq Ft | WaterColor

Magnificent new construction offering a private pool

77 Azalea Street | $2,495,000 6 BR | 6½ BA | 4,611 Sq Ft | Seagrove

✴ Accredited Luxury Home Specialists ✴ www.HomesOn30A.com | www.LindaSales30A.com

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Scenic 30-A Real Estate Specialists!

SEAGROVE BEACH

MLS#783656

WATERCOLOR

MLS#774362

45 KRISTI LANE

12 THICKET CIRCLE

4,080 SF • 5 Bedrooms • 5 Bathrooms • $2,895,000

2,525 SF • 4 Bedrooms • 4 ½ Bath • $1,395,000

Always on the Ball, Only at the Beach.

WATERCOLOR

WATERSOUND BEACH

MLS#767586

MLS#783161

135 SUNFLOWER STREET

99 COMPASS POINT WAY, #403

2,755 SF • 3 Bedrooms • 3 ½ Bathrooms • $1,195,000

1,329 SF • 2 Bedrooms • 2 Bathrooms • $925,000

WATERCOLOR

SEAGROVE BEACH

MLS# 775281

MLS# 780203

11 W. WATERCOLOR BOULEVARD, #302

1,448 SF • 2 Bedrooms • 2 Bathrooms • $849,000

850.231.9007

138 NORTH RYAN STREET

2,016 SF • 3 Bedrooms • 3 ½ Bathrooms • $729,900

TheBeachGroup.com

Info@TheBeachGroup.com

CELEBRITY HOMES

Taylor Swift Restores Samuel Goldwyn Mansion!

Photo credit: Coldwell Banker and AP

A

merica’s #1 sweetheart, Taylor Swift, is one of the world’s richest celebrities with estimated career earnings from her music, concerts, acting and endorsements approaching $800 million.

What to do with all that money?

Taylor has invested much of it in real estate with homes in New York City, Rhode Island, Nashville and her most recent purchase - Samuel Goldwyn’s 10,982-square-foot, seven bedroom, ten bath mansion in Beverly Hills. Included are a library-screening room, a guest suite with a private entrance on the home’s main level, a library, card room, gym and an additional private guest apartment above the garage.

The master suite has a veranda that overlooks the city lights.

Outside is a swimming pool and pool house with kitchenette and

of movie fans. Her home is now an official Beverly Hills city landmark.

Since purchasing the home, Swift has worked closely with architects to bring the estate back close to its condition that existed in 1934 when it was built for Goldwyn and his wife, Frances.

The home was a neighborhood destination for many of the era’s Hollywood stars including Clark Gable and Charlie Chaplin, and used by Sam as collateral for several of his films including Wuthering Heights and his 1946 Oscar-winner The Best Years of Our Lives. After he died in 1994, sunken tennis courts. Goldwyn the home stayed in the Goldwyn (1879-1974) founded award family for over 80 years until winning Goldwyn Pictures and Taylor purchased it from the estate Samuel Goldwyn Productions - of Goldwyn’s son for $25 million.< now known as Metro-GoldwynMayer with the famous roaring lion head logo. In recognition of Goldwyn’s historical contributions to the film industry, Taylor sought and achieved landmark status for her new home to ensure its preservation for future generations

Exclusively Featured Real Estate

Cote Dâ&#x20AC;&#x2122;Azur a great development opportunity in one of the best locations on Scenic Hwy 30A east of Hwy 395 in the heart of Old Seagrove. consisting of only 13 homesites, These spacious lots feature a dedicated beach access and are ideally situated near fabulous eateries & boutique shops. The 30A bike path is located right across the street, providing quick access to neighboring coastal communities.

lot 11 $299,000

lot 12 $299,000

lot 13 $325,000

Four Mile Village looking for an exclusive community that offers privacy and space?

Experience living in this one of a kind gated community boredered by coffeen nature preserve and topsâ&#x20AC;&#x2122;l hill state park. enjoy 2,000 ft of private beach access, coastal dune lakes and hiking trails with close proximity to grand boulevard eateries and shopping.

137 twisted pine trail 3 bedroom | 3 bathroom $2,195,000

Lot 9 village beach rd w. gulf view homesite $1,425,000

Exclusively Featured Real Estate

alys beach - gulf view 29 n somerset street #202 2 bedrooms - $1,397,000

Watercolor - forest district 402 pine needle way just completed - $1,850,000

WaterColor - Lake Front 19 Dandelion drive 9 Bedrooms - $5,795,000

WaterColor - Gulf View 1650 E. County Hwy 30A #302 1 Bedroom,, 2 bathroom - $695,000

WaterColor - Park District 142 Mystic Cobalt street 3 Bedrooms - $1,295,000

draper lake coastal village 12 narrow leaf way - 4 bedroom just completed - $1,225,000

WaterColor - forest District 156 Royal Fern Way homesite - $597,000

WaterSound Beach - Gulf Front 108 S. Shingle Lane Homesite - $3,950,000

3092 W. County Hwy. 30A, Santa Rosa Beach, FL 32459 |

O. 850.660.1830 f. 850.660.1811

DECORATE west elm lava roCk CoaSterS, gray

Handmade from lava rock sourced from eruptions on Mount Batur and Mount Agung in Bali, Indonesia, these coasters are a modern way to protect your surfaces. Brassfinished inlay adds subtle shine to its smooth surface. $29 / Available at Westelm.com

Jonathan adleR muSe blanC CeramiC CanDle

A crisp floral candle in a translucent porcelain vessel that glows as the candle burns. The scent? Think fresh cut flowers. And after the candle is gone? The vessel is the perfect pot for a posse of pretty posies. $78 / Available at Jonathanadler.com John-RichaRd collection Double ShaDe CryStal lamp

Faceted crystal table lamp handcrafted of crystal and metal. It has a sheer silk outer shade over bronze styrene inner shade. $1,095/ Available at Horchow.com

Your home needs love too.

winZlee rounD venetian Wall mirror

ZUo migration Clear glaSS Coffee table

Articulate unique insights as you relax around the transparent glass coffee table. Clear vision abounds in this piece of confidence and accessed hidden capabilities. $306 / Available at Homedepot.com

Inspired by the centuries-long tradition of beautiful Italian glasswork, the Winzlee Round Venetian Wall Mirror (35.5â&#x20AC;?W x 35.5â&#x20AC;?H) is a stunning decorative mirror with a classic silver finish and eye-catching gapped border. $236 / Available at Hayneedle.com

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Inspire to Design 2017 New Collection - 5143 White Attica Available February 2017

Lifetime Warranty To view the complete Color Collection, please contact your local representative.

www.caesarstoneus.com 17CA206-04-135309-1

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DEBO - Pink Sky - 2017 - Oil on Canvas, 60”x 48” Price: $ 11,750 (direct from artist price ) Please contact at: info@ArteVue.com ‘DEBO’ is an accomplished artist living in Seagrove Beach.

Collectors all over the world collecting his art pieces. - Read his bio online at ArteVue.com We also offer a “RentOriginal Art” program. Please ask for more information: info@ArteVue.com

“DEBO” Artist | London | Orlando | Seagrove Beach | info@ARTEVUE.com | ARTEVUE.COM Gallery representation London: WWW.SAATCHIART.COM/DEBO

“Discover the Coastal Lifestyle”

BeachWalk Vacations offers vacation accommodations along Florida’s beautiful Emerald Coast from the coastal villages of 30A to the Destin Harbor. Reserve your perfect vacation today! www.BeachwalkVacations.com 30A | Destin BeachWalk Vacation Properties O: 850.460.9333 215 Grand Blvd. Suite 101 Miramar Beach, FL 32550

R

eal estate is a great investment option.

It can generate an ongoing income source. It can also rise in value overtime and prove a good investment in the cash value of the home or land that you buy. You may use it as a part of your overall strategy to begin

By Marianne Coldwell

building wealth. However, you need to be sure that you are ready to begin investing in real estate. Unlike other investments, you will need to spend money to maintain and care for your property in order for it to continue to provide a source of income.

â&#x20AC;&#x153;Vacation Rental that is...â&#x20AC;?

TRY TO INVEST BY PAYING WITH CASH Many advisers warn against borrowing money to purchase investments. You should consider this before you purchase a home that you plan on renting out. The best way to do this is to save up and pay cash for the home. At the very least, you need to be able to afford the payments on the property when the property is vacant, otherwise the property may end up being a burden instead of helping to build wealth. You should never just rely on the rent covering your mortgage. You will have turn overs in renters, and some may not pay on time.

Your credit would be damaged if you did this. It can also take years for the profit to turn profitably instead of just breaking even if you use a loan to purchase the property.

rental agency acts at the middle man and schedules repairs and deals with the tenants for you.

If you do not have time to do everything your property needs done, using an agency is a good option.

PLAN OUT ALL OF YOUR EXPENSES BEFORE YOU BUY THE PROPERTY When purchasing real estate as an investment, you need to consider the cost of taxes and the way that you plan on renting it out.

RESEARCH THE PROPERTY CAREFULLY If you are purchasing land that you plan to sell at a later date, you need to research the land deed thoroughly. Find out if any roads are planned close to the land you purchase and consider how that will affect the property value. At times it will help make the land more valuable, at other times it will decrease the value. Once you have done the research, you should be able to make the correct decision about purchasing it for investment. This is similar to speculation and it comes with a higher

Often it is easy to go through a rental company and contract through them for repairs and rent collection. This takes away part of the burden of caring for your property, but it will also cost you money. When you are the landlord, you are responsible when things go wrong. A

You need to price your rental property so that all of these fees and other expenses are fully covered. Additionally, you should take the first few months of surplus money and set it aside to cover the cost of repairs on the property. You should carry good insurance on the property and be prepared to deal with additional costs and other situations as they arise. You need a sinking fund for the property. If you direct the rent into that account, you will build up a good reserve quickly.

risk of not being able to earn a return on the investment. Things may change and the area you thought would increase in value may not actually go up.

START WITH ONE Some real estate investors begin by purchasing a duplex or a house with a carriage house above the garage. This is a good way to get your feet wet, but you will be living in the same complex as your tenant. When you set up your budget, you will want make sure you can cover the entire mortgage and still live comfortably without the additional rent payments coming in.

Unless of course you paid the home in cash.

If you buy an older home, you will need to make sure the building is completely up to code before you begin renting it out.

You may opt to handle the entire process yourself or you may want to go with a company that handles the rentals for you.

Just be sure to keep that in mind as you handle your costs. As you become more comfortable with being a landlord, you can begin to purchase more properties and build a steady flow of income. Once you have several properties, it becomes easier to purchase and manage all properties.<

HabitareHome.com New High End Furniture & Accessories Plus Certified Pre Owned items

COSMOS CEILING LAMP - New - Color Clear - 12 halogen lights - UL listed - $299 - Free delivery within Florida

ROUND DINING TABLE 60” Round - WEATHERED LOOK -

Showroom item lightly used no signs of demage - like new condition was $2,300 Now $ 990 - Free delivery within Emerald Coast FL

Real HAND CARVED HINDU COW SKULL - Length (including horns): approx. 24” - New - $ 599 - Free delivery within FL

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ANTIQUE WALL CLOCK - New - A distressed wood face with black Roman numerals makes this large antique-style wall clock a perfect time piece for your Beach home $ 145 - Free delivery within FL

Goto: HabitareHome.com to order. On most Items - Free Delivery within our Emerald Coast area.

Contact us at: 850. 889. 8858 or mail@bonad.com

Photo byt Sven J. Bode

INVEST IN A 30A HOME

If you are ready to invest in a home,

I AM ON YOUR SIDE to get you the best possible service & to ensure a successful and smooth transaction.

“Let’s have a conversation.”

Contact The 30A -Lister today!

sc an th wi ur yo t ar sm e on ph

Sven J. Bode The30A-Lister Realtor® Sven@30ALister.com Direct: 850. 889. 8858 or 407. 267. 6852 Facebook.com/30ALister 30ALister.com

Keller Williams Emerald Coast • 3925 W County Highway 30A, • Santa Rosa Beach, FL 32459

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Helping you find your place

On Scenic Hwy 30A

Call me for experienced real estate advice on the 30A market.

Stewart Haire, RealtorÂŽ Accredited Luxury Home Specialist 850.687.4450 â&#x153;´ Stewart@HomesOn30A.com Stewart.30APropertySearch.com