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Here at Ocean Reef Real Estate we receive many inquiries about fractional ownership opportunities located at the Emerald Grande in Destin and Inspiration at Sandestin. This is a relatively new kind of real estate that was introduced to the Emerald Coast in recent years and many may not be familiar with type of purchase. Here are some key notes that will help you decided if Fractional Ownership in Destin is right for you.  

Fractional Ownership allows parties who are usually unrelated to have a partial ownership and mitigated responsibility in a high-value tangible asset, which is most often resort real estate property. Fractional ownership endeavors include management administration, maintenance fees and certain rules documented in purchase…

For 33 years Ocean Reef Resorts has represented private vacation rental properties and many of these are luxurious beachfront condominiums located all along the Emerald Coast. A majority of visiting guests fall in love with Destin or any of the surrounding communities and come here every year on family vacations or romantic long weekend getaways. Eventually many decide to purchase property in this part of paradise and we have professional real estate agents who can help you.

Before you decide to buy a condominium you must zero in on a desirable location which is of paramount importance. You’ve heard about the importance of “location” before since it always applies to the purchase of a single family home, but it also applies to condominiums. Many…

For over thirty three years Ocean Reef Resorts has represented private vacation rental properties in Destin and all along the Emerald Coast of Northwest Florida. Many Ocean Reef guests fall in love with this area and desire to purchase property here so we offer professional Real Estate Consulting Services. This dove tails seamlessly with the rental operations side of the business since many buyers are interested in rental investment properties. In a new nationwide poll published this week on floridarealtors.org, eight out of every ten buyers in Florida factor potential income into their decision to buy property. Such income helps offset mortgage payments, property taxes, insurance cost, maintenance and HOA fees. Ocean Reef has decades of vacation rental…

If you are searching for a spacious wonderful family townhome on the beach that may also be used as a great investment rental property then you should definitely take a tour of this property for sale. Seawinds 4 (1577 Scenic Gulf Dr #4) is a completely furnished charming three story Destin townhome with four bedrooms and three full bathrooms and sits beachfront with sunny views of the glistening emerald hued gulf. These beach views may be seen from each of three levels from an open partially covered deck with a porch swing and outdoor dining tables on the first floor along with additional balconies above.

On the first floor of Seawinds 4 there are two large bedrooms with comfortable king sized beds and one of these rooms also comes with a nice…

Located at 178 Open Gulf Street is a three story six bedroom home with six full bathrooms offering over 3,000 square feet of gracious living and is just steps away from the luminescent emerald green waters of the gulf in magnificent Miramar Beach. It comes completely furnished with upscale professional décor and is comfortably appointed. Although this beach home has the look and feel of a private residence, it is also an excellent rental investment property. In fact in recent years it has become a popular family destination and grossed over $111,000 for 2013.

You may consider buying it as your Dream Home for retirement or use it as a vacation home and rent it out for lucrative passive income. Its award winning Old Florida design comes with breezy…

The word is out! People are flocking to the sugar white sand beach and vibrant emerald hued gulf water of Destin, Florida. Once a sleepy fishing village, this intimate coastal town has exploded in popularity as a top tourist destination. Unlike many beach destinations in the United States, accommodations here in Destin are unique, big box run-of-the-mill hotel rooms are scarce. In fact, there’s not even one hotel on the beach in Destin’s city limits. Serious investors are drawn to buying vacation homes and condos in Destin for this very reason. In addition to professional real estate investors, many visitors are getting in on the action – acquiring a dream home along our shores. Are you considering buying a vacation rental home in Destin? If so, consider…

Hidden nestled away along secluded Shore Drive in Miramar Beach you will find this regal Bay Front Home for Sale. This single story residence has four bedrooms, four full bathrooms and over 3,300 square feet of spacious living. It sits back from the entry next to the bay on well over half an acre of meticulously cared for grounds and landscaping. A long handsomely paved driveway leads up to this gracious bay home which is completed in a rich Mediterranean style that includes a mission tiled roof. The interiors can be described as tasteful, elegant, chic and decidedly upscale since this professionally decorated property also comes furnished. A glistening beveled glass double door leads into an open foyer and the main living area.

Each of the four…

Magnificent Miramar Beach is a popular choice among buyers due to its remarkable location, upscale prestigious neighborhoods and spectacular scenery. It is home to the exclusive gated Sandestin Golf and Beach Resort which comprises over 2,400 acres from the gorgeous Gulf of Mexico to the usually placid waters of Choctawhatchee Bay. Grand Boulevard and the New Orleans French Quarter inspired Village of Baytowne Wharf are located here with a huge abundance of excellent restaurants, lively bars, unique galleries, fashion boutiques and a state of the art movie theater with comfortable stadium seating. Miramar Beach is also home to the nation’s largest Designer Outlet stores known as Silver Sands Premium Outlets which is a popular destination throughout the…

Ocean Reef Real Estate is pleased to offer an affordable condo for sale in Miramar Beach. It is located at Emerald Waters, an exclusive mid-rise modern enclave that contains a total of thirty-six condominium units positioned on the corner of Scenic Gulf Drive and Holiday Road, right across the street from the emerald waters of the gulf, hence the name. These units were constructed in 2002 with open floor plans that include the living and dining area as well as a kitchen with granite counter topped Breakfast Bars. The open area is accessible to a private balcony on the top floors of this four story structure. However units on the first floor have convenient patios instead since many of them are pool side. The entire building looks out upon the common area…

Villa Lago is Sandestin's newest neighborhood and was first introduced in 2005. The 114 acre site is centered right in the middle of the prestigious Sandestin Golf, Tennis and Beach Resort, which straddles 2,400 acres of lushly landscaped land between the gorgeous gulf and Choctawhatchee Bay. The charming designs are all rustic Mediterranean styles that look like something you might see along the coast in places like Tuscany. Pastel colored stucco walls, wrought iron balconies and terracotta roofs create this old world effect. The interiors are all completed with modern 21st century amenities which include granite counter tops, state of the art kitchens, garden tubs with separate showers and large open family rooms. The Villa Lago location places it…