July 2, 2008

I am suing the condo BOD and Waterstone Realty for a condo rental usage that violates three sections of our condo documents. This was filed June 10 and summons issued that day for 4 parties. The matter may reach an actual court appearance in the fall.

In the meantime there are other odd developments at the complex. I would bring to your attention that there is some odd things going on with the 'management' firms who get 48k a year to run the complex. When I purchased about 1 year ago the firm was Seagrove on the Beach Realty then it changed with the BOD dropping them and appointing Concord Management. Concord lasted about 7 weeks and after an 'Emergency BOD Meeting' they were ousted and Seagrove was back. They lasted perhaps another 2 months and as of July 1st they were back after another BOD meeting.

I have tired many times to find out the reason from the BOD, and both management companies. Generally there is no reply but the one reply from Seagrove was that they were not required to give the info. To me this smells.

Keep in mind that the BOD the unit owners elected early in the year resigned from the BOD. She was replaced by the unit owner that came in 2nd in the election. Don't know the reason for the resignation but it came shortly after the June 10th action was filed.

Also the BOD is composed of 2 of the developers of the complex, so really there is no say at all on how things are run by the actual owners. Sure we have 1 'elected' member but 1 person on a 3 person BOD can't accomplish anything if the other 2 are developers of the complex.

There is a considerable problem with unpaid quarterly assessments which some units are far behind and only last month did Seagrove finally file liens on 2 units who had missed 5 & 6 quarterly payments, that is up to 1 1/2 years of unpaid assessments and it was let go far to long before Seagrove finally got off their rear ends and did what they should have done after the 2nd missed quarterly payment. I have written asking to know how many other units are 2 or more payment behind and have received NO reply.

No one who now works there or has worked there has ever come up with information, there is something seriously wrong with the running of the complex when owners can't even get a reply to basic questions.

B Harris Unit 708

Further details may be found at:
http://nautiluscondosrules.blogspot.com
http://nautiluscovesuit2008.blogspot.com
http://mariottforeighemployees.blogspot.com

Wed Jul 2 2008, 08:12

Nautilus Cove Condo, PCB, Fla
I see you are listing condos at NCC. You might want to advise any potential buyers that:
1) The developer is renting out units monthly because he has no buyers for the overpriced units, &
2) Within a week a civil suit will be filed against the NCC BOD and Waterstone Resort Realty.
3) The condo management firm (Seagrove on the Beach) will not enforce the condo documents.

I believe you have a duty to fully inform any potential buyers of the above items.

Further details may be found at:
http://nautiluscondosrules.blogspot.com
http://nautiluscovesuit2008.blogspot.com
http://mariottforeighemployees.blogspot.com

Thu Jun 5 2008, 14:20

Hello Robert:
Nautilus Cove has been a successful venture but I understand lately have some serious issue that a buyer would need to pursue further. If you have never been to Panama City Beach, I encourage you to visit here in order to experience the "perfect" place to live, work, retire or invest. After living and seeing many parts of the world, I truly believe the Emerald Coast of Florida is the best!

Mon May 19 2008, 13:27

Hi Robert,
In doing some research with regard to Nautilus Cove I found that it seems they may be experiencing some issues recently. To fully inform yourself you may want to read the post noted below and contact the management of the complex.
Have a GREAT day!
Mike and Vivian Foate-REALTORS®
Prudential Shimmering Sands Realty, Inc.
400 S. Hwy 79
Panama City Beach, FL 32413

Fri May 16 2008, 09:47

Good Morning, Robert ~ Nautilus Cove is an affordable condo development located on the popular west end of Panama City Beach. It is on the north side of Highway 98 and is about 1/2 mile from the beach. It was built in 2006 and is a popular rental community. There is a clubhouse, great pool and childrens play area. The location is convenient to the oceanside Pier Park entertainment center (restaurants, stores, specialty boutiques and The Grand Movie Theatre) in what will become the "downtown" of PCB. It is also just a few minutes from Highway 79 which is the main corridor to the new international airport scheduled to begin flying in 2010. The units themselves have nice finishes such as granite countertops and stainless steel appliances. Monthly maintenance fees are $179/month and include landscape and common area maintenance. It is a large community so if you want to be surrounded by people and fun it is the place for you! Click on the link below to view property listings for the best values in each of the available floor plans.
Please let me know how I can assist you further as I am an experienced buyer's agent.
Kirsten McAndrew, Realtor
Keller Williams Success Realty
850-819-3806
kmcandrew@kw.com

Thu May 15 2008, 08:02

Robert,
Whether or not Nautilus Cove would work for you depends on your needs. It is a nice newer complex. I have shown units in there to buyers several times. Like all things it has its pluses and minuses. The plus side is its location and nice amenities. Not far to the beach and close to Pier Park. See park link below. On the minus side not much privacy... kind of cramped feeling. Comments from buyers...not much room, too close together... But you know Robert what one person dislikes another may like. ;-)

Let me know if you have any questions or concerns.

Thu May 15 2008, 07:12