Pensacola-Perdido Key, Florida sees new GROWTH!

Since Don Carlos Siguenza first found the 16-mile long island in 1693 by accident when his ship blew off course, which bore the name “Perdido Key” which is Spanish for “Lost Island”. Today, much of the island and Pensacola in general is remarkably similar to then.  Nature has helped shape and reshape the barrier island which extends 16 miles between the Gulf of Mexico and the Intracoastal Waterway.  Tucked beautifully between Florida and Alabama, Perdido Key escaped the explosion of beach development and was left to appreciative locals who enjoyed the remoteness…as well as the fishing, swimming and sugar-sand white beaches.

But as Florida became more and more developed – especially after the US Navy sold off portions of the now Lost Key Golf & Beach Club in early 1950’s for as little as $3000 an acre, Federal and State agencies bought much of the land and now more than 60 percent of Perdido Key is off limits to development.

With large agreement between the county and federal government, they are allowed to issue permits for development of a limited number of acres on Perdido Key in 5 year intervals.  Escambia County leaders have worked for years to overcome hurdles to develop on the barrier island and are happy with the recent growth.  “There is quite a bit of construction out there now and that’s a good thing,” said Escambia County Commission Chairman Doug Underhill, who applauded developers for working with the county and following the strict guidelines outlined in the Perdido Key Habitat Conservation Plan.

“The developers are doing good work out there and the plan is working the way it was intended to work,” he said. Tim Day, Escambia County’s environmental director, pointed to the Lost Key Resort townhome development as one example of the permitting process working as it was intended to work.  The gated community, which is under construction on the key, includes a golf course, club, pool, and fitness center.  Another project planned on the key is the Meridian, a 41-unit upscale condominium tower.  The 64-unit Vista Del Mar development opened this summer.

Since 2015, Day said 57 permits have been issued under the county’s habitat conservation plan.  The permits account for six of the 11 acres available under the five-year allotment of development permits on the key.  Additional permits for new acreage will be available in November of 2019, he said.

Although a strict permitting process is in place, it protects the beach mouse as well as threatened sea turtles and shore birds.  Monetary requirements fund to protect these species as well as the steady growth of the area.

Southern Real Estate Sales has been serving the area since 1995 and understands the sanctity of the area and how special a place Perdido Key is in addition to Pensacola with the uniqueness of downtown Pensacola, home of the US Navy Blue Angels, it’s closeness to Alabama, Pensacola Beach Pier, amazing fishing, and the most beautiful sugar sand beaches.  Our agents sell both Florida and Alabama real estate and will enjoy showing you the area.  Don’t just take my word for it, let us know when you are coming to stay for a day or stay for a lifetime! pointesouth.com 

Golf Course Homes in Lost Key!

wci-widget-250x250-perdidoFather’s Day is right around the corner and Dad may be on the hunt for a tee-time at Lost Key in Perdido Key. If that’s the case, maybe you pitch to him the idea of living within the sought-after resort to save time and maybe some membership fees…

Don’t worry though, it’s not a terribly pricey suggestion, especially because it comes with loads of income potential.

WCI Communities is currently working to expand the resort giving Dad even more options to choose from. The new Resort Villas at Lost Key are a lavish addition of townhomes to the well-established homes and condos that flow through the 412 acre community. These homes, much like the rest of the resort, combine the convenience of low maintenance with spacious living spaces, not to mention incredible golf course or preserve views.

Price range for these homes starts in the upper $300,000’s. If you’re looking for something smaller, or maybe even cheaper, don’t worry. Condos at Lost Key right now are starting at $172.46 per square foot.

The wonderful thing about any property purchase here though is the potential rental income. Even if Dad didn’t want to move, he could potentially purchase a property to generate income. Condos for sale at Lost Key do incredibly well on both long term and short term rental programs as evident by our recommended property management providers – Southern Residential Leasing and Southern Vacation Rentals.

What are you waiting for, schedule that tee time for Dad and work out the logistics of seeing some properties while you are there! Don’t forget to have a Happy Father’s Day!

New Development at Lost Key!

Lost Key Golf and Beach Club, Perdido Key, FL, Whether you vacation in Perdido Key, or live along these gorgeous waters, you without a doubt have heard of the Lost Key Golf & Beach Club. This fabulous 413-acre gated community is nestled between Gulf of Mexico waters and more than 300 acres of natural preserves, capturing every ounce of charm Perdido Key has to offer from sugar white sand and rolling dunes.

The opportunities to own, or rent, are diverse as the landscape. This masterfully planned community offers the very best of coastal living – condos and homes included. From the Arnold Palmer championship golf course to fine dining, pools and complimentary beach shuttles, Lost Key Golf & Beach Club offers a one-of-a-kind experience to residents and guests alike.

The newest community is no different. WCI’s Resort Villas at Lost Key will expand upon the site’s current offerings with an array of luxury villas. The villas for sale at Lost Key Golf & Beach Club are priced from the upper $300,000’s with contracts being accepted as early as March 26, 2016.

For more information, or to view the villas, please contact Southern Real Estate Sales at 850-492-1826.

Developments Along the Gulf Coast

Our team at Pointe South Real Estate wants to help you find the perfect property for your life style.  We represent buyers and sellers across the gulf coast and we know that each subdivision and resort has its own attributes in each community.  In order to provide you with the best online representation of these areas, we have included a Developments Page in our website.

We have started our list of developments with a select few and we are continuously adding.  In addition to providing you with the current properties for sale, we want to give you an overview of the scenic area, specific attributes, and amenities.  Some resort amenities include indoor pools, fitness centers, tennis courts, boardwalks, and community rooms.  Did you know The Lost Key Golf and Beach Club located in Perdido Key offers a World Class 18-hole Championship Golf Course?  Or, Portofino Island Resort located East of Pensacola Beach has Adventure Cove Water Park?

With all of the diverse subdivisions and resorts, there is something for everyone! All residents get to enjoy the local culture, lush landscapes of our state and federal parks, rolling dunes, and the shores of the Gulf of Mexico.  We are here to help you find the perfect investment property or home for your family.

If you would like additional information on a development, please Contact us!