Filed under: Real Estate Developments
While Florida real estate might be a bit dodgy currently, new projects are still launching. The Magnolia Private Residence Club is located in Seacrest Beach, Florida in the Florida panhandle. The residence club has 17 three-bedroom residences (1,775 square feet). Amenities include protected boardwalk access to the beaches, on-site concierge service, fitness center, club-owned bicycles, game room, business services, pre-arrival grocery stocking service and a rooftop deck with a heated pool, spa and grills.
The club is a residence club in which the property tax and insurance costs are shared among he owners. Owners can visit as often as they like booking both fair in advance and short notice vacations. There is no limit to the amount of use. If some owners visit their Club less often, other owners can visit more. You pay only the published housekeeping fees whenever you vacation at your Club on a space available or short notice basis. A three-bedroom residence at Magnolia starts at just $159,000 for a one-eighth share.