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Waterfront Fine Homes, Inc
Luxury Real Estate in a Tropical Location
Newsletter December 13, 2010
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A Message from Bobbie:
At Waterfront Fine Homes, we deal in luxury. Here in Ocean Reef, ours is a unique but everyday kind of luxury.
It's the luxury of going to your doctor appointments in your golf cart. Of driving in a community where your safety is a top priority. Even our pets have the best of care and an annual parade.
Here in this petite world of luxury, we can enjoy star performances from the likes of Willie Nelson and Vince Gill and even meet them afterwards. On the same stage, we hear world leaders and the nation's top physicians who come to lecture here and have a face-to-face audience with them. We boast a proud history of old salts, duffers and hackers who seek constant sunshine and warmth. Our world-class Marina boasts the grandest of vessels.
We live among the beautiful creatures of land, sea and air. We celebrate the holidays with family and friends in this comfortable setting we call home. What a luxury it is to have this kind of space in which children can roam safely. They are our future and much of the reason we gather here. They may take their first steps here, they may marry here. They will thank you for bringing them here first. Luxury abounds and it is for everyone. You have it; your friends can have it. It's more affordable now than it ever has been.
Market statistics
The most notable distinction of our summer market was that there were 19 offers left on the table! Buyers and sellers were just too far apart and the agents through their best efforts were unable to close the gap. But what did sell were the super small end and the upper end. We have closed 65 transactions since Dec 09.
Projections
With three tough seasons in the past, I feel we can only go up. The club is full for the Christmas/New Years Eve week. Our prices are literally the lowest we've had in 8 years. The club has never looked better or had so many activities to participate in. The Thanksgiving weekend was jammed packed with events and excitement. Between then throough Vintage weekend 12 properties either closed or contracted! Now is the time to share ideas and spread a feverish contagion about property value and the member experience.
We are ready to respond as the market rebounds. We welcome your thoughts and ideas, as well.
I look forward to seeing you around the Reef - Here's what's happening: This Week at the Reef Bobbie Watson Broker & Owner
year-round resident ____________________________________________________________________
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35-36 Angelfish Cay
VIDEO
Check out this cool video as Bobbie shows off this perfect combo, 35-36 Angelfish Cay.
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Neighborhood Spotlight
Angelfish Cay Chalets
(price range: $365,000 for 1BR to $1,895,000 for 3BR)
The Angelfish Cay Chalets were built from 1972 to 1974 in succession along Anchor Drive. A chalet is a cross between a one bedroom and a studio condominium. The major attraction of a chalet is the privilege to use the seawall. Dockage is big here at the Reef and we promote it. Boating is an essential part of this aquatic lifestyle and a place to park your vessel makes all the difference in where you will buy. The 150 units were once identical, but they now have become so diverse, one would need to re-familiarize themselves in order to choose the right space.
In the summer of 2003, the first expansions of a chalet into a 2 bedroom condo occurred in the numbers between 16 and 29. The cost was $150,000. 4 years later the chalets at the end of Anchor Drive performed a beautification project that although gave no new square footage did add12x15 foot garage with automatic doors, new roof, railings, impact glass, new front doors, and lastly an improved pool area with BBQ and big screen TV. The cost was $115,000. Two years later, in summer 2009, 36 units, #49-65, expanded out front and back to give them the largest square footage of all at 1558. The cost was $370,000. The chalets owners would like to see floating dockage behind their units and the buzz is positive towards that happening in the future.
Chalet prices start with the lowest at $365,000 (41B - a Waterfront listing). This unit has been remodeled and boasts a peek of the Ocean. It has no equity attached so there won't be that requirement from the seller. Cart room included and the pool area has BBQ!
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About Waterfront Fine Homes
Prime Real Estate in a Prime Location
Waterfront Fine Homes Inc. is located in the prestigious Ocean Reef Club in North Key Largo, Florida. With prime Oceanfront, bayfront, golf course and interior homes & condos; not to mention a 175 slip full service marina, state-of-the-art medical center, 4000 foot runway, Cultural Center featuring top entertainment, golf, tennis, croquet, and some of the best fishing anywhere in the world, Ocean Reef has something for everyone.
Our full service agents are available daily to assist you in locating the perfect property to purchase or lease at Ocean Reef. Give us a call today and allow us to show you how great life at the Ocean Reef Club can be!
Our Mission Statement
Waterfront Fine Homes is a premier upscale real estate firm of accomplished and experienced professionals working in a focused and enjoyable environment. We provide accurate and up-to-date information to our clients including skilled analysis and sound real estate advice. We continue to explore new ideas and technology to make the buying and selling of real estate faster, less costly and easier. We enhance our quality of life by active community involvement.
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