Watch out Texas, Georgia is coming on strong at the Majestic Sun! Texans traditionally flock to The Majestic Sun for family vacations and usually account for over ten percent of reservations here among our Ocean Reef guests. However this year more Georgians are making reservations, edging out guests from Texas and Tennessee who currently come in at second and third place. This is no surprise however since Georgians own most of the units at the Majestic Sun. In fact, at a marketing forum held at the Grand Sandestin prior to opening the new Panama City International Airport a few years ago, it was stated that the majority of ALL tourists and property owners along The Emerald Coast are from the Atlanta Metropolitan area. This affluent group can certainly afford to acquire vacation residences here. Even the average tourist here has a household income of approximately $125,000 per year and spends about $6,000 for the family’s one-week beach vacation. Georgians have obviously told their friends and neighbors back home all about this great resort.
About the Majestic Sun
The Majestic Sun is a magnificent masterpiece of architectural design and an iconic landmark that was completed in 2001 on Scenic Gulf Drive in Miramar Beach. The twin luxury towers resemble a humongous manmade sandcastle since they are interconnected at the top and have a soaring arch that goes right through the center from one side to the other. The twelve-story towers contain 288 condominiums. They overlook the wide 2,000 linear feet of white bright beach with a long palm-lined promenade that provides easy access points. Balconies in each unit provide residents, their guests, and vacation rental visitors limitless panoramas across the luminescent waters of the jeweled gulf as far as one can see into the southern horizon. Awesome amenities include a stunning indoor pool with a towering two-story cathedral ceiling and an entire wall of glass that faces the glistening gulf. An opening connects to the outside where it cascades down to another large pool. The adjoining outdoor swimming pool has a spacious sundeck patio and simmering hot tubs overlooking the gorgeous gulf in the distance. There is also a full Fitness Center on site with window walls that also overlook the outdoor pool and gulf.
Fully Furnished Condos
Although any unit could serve as a luxurious primary home most are used as vacation rental residences. Owners usually keep a few weeks of time for individual use and rent them out for lucrative income the rest of the time. For this reason, almost all condominiums here are sold furnished and are usually already on a rental program. They include mostly one to three bedrooms, which are individually decorated, comfortably furnished and feature state of the art kitchens. They typically may accommodate from six to twelve guests depending upon size.
Majestic Sun Real Estate
There are only eleven listings at the Majestic Sun currently listed with a price range starting at $358,000 for two bedroom unit with 833 square feet; $389,000 for a two bedroom with 1,072 square feet; $419,000 for a two bedroom with 1,139 square feet and $599,000 for a three bedroom with 1,503 square feet.
So there you have it. The combination of just a short drive and less than an hours flight away, combined with the fact that beach view condos with great amenities are in high-demand –it's easy to see why the Majestic Sun is a great choice for Georgians!
Contact our Ocean Reef Real Estate office today at (877) 392-6085 for complete details, a complimentary Comparative Market Analysis and documented information about potential rental income.