Regatta Bay - Rulnick Realty https://www.itswendy.com Northwest Florida Real Estate Wed, 12 Oct 2022 19:32:16 +0000 en-US hourly 1 https://wordpress.org/?v=7.1 https://www.itswendy.com/wp-content/uploads/2019/06/cropped-Wendy-Square-1-scaled-1-32x32.jpg Regatta Bay - Rulnick Realty https://www.itswendy.com 32 32 Regatta Bay Waterfront Bay and Bayou Homes Destin FL https://www.itswendy.com/regatta-bay-waterfront-bay-and-bayou-homes-destin-fl/ https://www.itswendy.com/regatta-bay-waterfront-bay-and-bayou-homes-destin-fl/#respond Tue, 24 Jun 2014 20:52:26 +0000 http://www.itswendy.com/?p=6074 Regatta Bay waterfront bay and bayou front homes in Destin Florida are in the section of the Regatta Bay called...

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Regatta Bay waterfront homes for sale

Regatta Bay waterfront bay and bayou front homes in Destin Florida are in the section of the Regatta Bay called Commodore Point. The streets on the Choctawhatchee Bay are Admiral Court, Captain’s Circle, Fairwind Ct. and Landfall Ct.  Some homes on Fairwind Ct. and Captain’s Circle are also on Regatta Bayou.

Search all Regatta Bay Destin Florida homes for sale.

Map of Regatta Bay from Regatta Bay Homeowners Association.

What Regatta Bay waterfront homes have sold recently?  There have been no waterfront sales since July of last year. There are currently four bay front homes for sale in the Commodore Point section of Regatta Bay.  They range in price from 1.4 million to 2.9 million.  These homes have been on the market between four months to 1.5 years.  The Regatta Bay Destin waterfront home that sold in July of last year was a short sale at 438 Captain’s Circle. That home was 4400 square feet and located at the end of Regatta Bayou. It sold for $1,000,000.

Regatta Bay Bay and Bayou Front Home Sales_new

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Regatta Bay, Destin Florida Home Listings – Property Values October 2012 https://www.itswendy.com/regatta-bay-destin-florida-home-listings-property-values-october/ https://www.itswendy.com/regatta-bay-destin-florida-home-listings-property-values-october/#respond Thu, 15 Nov 2012 22:53:48 +0000 https://www.itswendy.com/?p=4281 Regatta Bay, the gated community in Destin Florida, has currently has 19 homes listed for sale. There are three homes under...

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Regatta Bay listing agent
Regatta Bay, the gated community in Destin Florida, has currently has 19 homes listed for sale. There are three homes under contract per the Emerald Coast Association of Realtors multiple listing service (MLS). Two Regatta Bay listings sold in October 2012.  Prices range from $449,000 to almost $3 million.  The average days on the market for Regatta Bay sold listings for the month was 529  days.
One of the two sales was a short sale.  Note that the average price per square foot for Regatta Bay sold properties was $179, yet the average price per square foot for Regatta Bay homes on the market is $243.  Isn’t that interesting?
See the list of all Regatta Bay homes listed for sale, under contract or sold in October 2012 below. If you have a home you need to list and sell in Regatta Bay, call Wendy Rulnick, Destin Florida real estate broker, Rulnick Realty, at 850-650-7883 or email [email protected]
A
295 KETCH CT
3,243
3
3/1
2000
$485,000
A
274 KETCH CT
2,457
3
3/0
2004
$549,000
A
469 CAPTAINS CIR
3,416
3
3/1
2001
$699,900
A
428 CAPTAINS CIR
3,252
3
2/1
2005
$739,000
A
432 ADMIRAL CT
4,434
5
3/1
2002
$750,000
A
434 ADMIRAL CT
3,693
3
4/0
1999
$779,000
A
4565 SAILMAKER LN
3,034
3
3/0
1999
$795,000
A
302 CORINTHIAN PL
3,677
4
3/1
2004
$797,000
A
442 REGATTA BAY BLVD
6,333
6
5/1
1999
$845,000
A
410 WINDJAMMER CT
4,300
3
3/1
2003
$849,000
A
433 ADMIRAL CT
3,976
3
4/2
2000
$849,000
A
317 REGATTA BAY BLVD
3,753
3
3/1
1999
$889,000
A
505 REGATTA BAY BLVD
3,300
3
3/1
2005
$895,000
A
433 CAPTAINS CIR
4,721
4
4/1
2004
$1,159,000
A
438 CAPTAINS CIR
4,459
6
4/1
2002
$1,295,000
A
445 ADMIRAL CT
4,442
5
5/1
2004
$1,350,000
A
4563 LANDFALL CT
4,341
3
4/
1999
$1,450,000
A
437 ADMIRAL CT
6,880
5
6/1
2010
$1,999,900
A
478 CAPTAINS CIR
6,520
5
5/
2004
$2,950,000
C
4577 SAILMAKER LN
3,338
3
3/1
2006
$799,000
P
278 KETCH CT
2,364
3
3/0
2004
$449,900
P
511 REGATTA BAY BLVD
3,512
4
3/1
2000
$575,000
S
413 WINDJAMMER CT
2,417
3
2/1
2000
$499,900
S
459 CAPTAINS CIR
3,172
3
3/1
1998
$675,000
Status
Total
Avg Price
Avg $ Per Sqft
Median
Low
High
Avg DOM
ACT
19
$1,059,200
$243.86
$849,000
$485,000
$2,950,000
476
CNT/PND
3
$607,967
$197.80
$575,000
$449,900
$799,000
358
SLD/RNT/LSE
2
$498,050
$179.17
$498,050
$450,000
$546,100
529
WTH
0
$0
$0.00
$0
$0
$0
0
EXP
0
$0
$0.00
$0
$0
$0
0
Total
24
$956,033
$232.71
$798,000
$449,900
$2,950,000
465
–Information deemed reliable but not guaranteed–Copyright: 2012 by the Emerald Coast Association of Realtors 

If you have a home you need to list and sell in Regatta Bay, or are considering short sale, call Wendy Rulnick, Destin Florida real estate broker, Rulnick Realty, at 850-650-7883 or email [email protected]

                                                                  Rulnick Realty 
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Regatta Bay Foreclosures Should Have Been Short Sales https://www.itswendy.com/regatta-bay-foreclosures-should-have-been-short-sales/ https://www.itswendy.com/regatta-bay-foreclosures-should-have-been-short-sales/#respond Tue, 27 Dec 2011 19:47:51 +0000 https://www.itswendy.com/?p=3854   Regatta Bay, the gated golf course subdivision in Destin Florida, had 14 sales in 2011. Six were short sales and...

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Regatta Bay, the gated golf course subdivision in Destin Florida, had 14 sales in 2011. Six were short sales and four were foreclosures, making distressed home sales the bulk of the market in Regatta Bay.  Who were the lien holders for these Destin homes?  Some of the short sale lenders were Flagstar,  Suntrust,  and Chase. The foreclosed homes that sold were owned by PHH MortgageRegionsWashington Mutual and First City Bank.  The incredible thing about the foreclosure sales was that one of the homes was never marketed as a short sale prior to foreclosure, another was only marketed for one month, one was marketed for six months but at a price far too high, and the last only for three months, with a 3 hour showing window available on some days of the week.  What does that tell you?  These foreclosed homes in Regatta Bay could have been successful short sales had they been marketed sooner in the foreclosure process and more aggressively.

The average foreclosure timeline for Florida is now 749 days, the third longest in the U.S.  So, instead of using the ample time to short sale, these Regatta Bay homes were foreclosed on.  That could leave the owners open to deficiency judgments and at great risk to their financial well-being.

What is the best thing to do if you are a Regatta Bay homeowner and faced with the inability to pay your mortgage?  Immediately contact your mortgage holder for assistance. If that fails, consult with an attorney and an experienced Destin Florida short sale agent, who has successfully sold short sales with all the aforementioned lenders.

It’s Wendy!

Wendy Rulnick, Broker, Rulnick Realty, Inc.

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