Michael Henderson

"Destin FL real estate"
Michael Henderson,  in Okaloosa County
  • 6 Answers
  • 1 First Answer
  • 2 Useful Answers
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About Me
I am a realtor in Destin Florida area and cover from Rosemary Beach Florida to Okaloosa Island. I have been selling Destin real estate here for over 6 years.
Testimonials
"Very hard woking and knowledgeable agent with a great team in place to help get things done"
Dave Tue Apr 29
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Michael Hend…'s Questions (0)
Michael Hend…'s Answers (6)

please send me some info on this property. Thank you. -Mike

Michael Henderson answered:
This property is in Inspirations in Sandestin Golf and Beach resort this unit is a fractional ownership the one you request is at 129,900 the same size are on the market in the short sale for 104,000

this link will show you the property you requested and one for 104,000 on as a short sale
INSPIRATION AT SANDESTIN, #E1, MIRAMAR BEACH, FL - $104,000.00
INSPIRATION AT SANDESTIN, #8120, MIRAMAR BEACH, FL - $129,900.00
http://ecarmls.com/EmeraldReports/listings.asp?ID=9315610591 - Mon Nov 3 2008, 12:59

Cash flow on Rosemary rentals?

Michael Henderson answered:
Most homes in the mil range will not pay for themselves unless you put down 30% or more The rentals on 4 bedroom with a pool(a Must) on a rental program might hit 40K with 30% of that going to the rental management company, you can add to the rentals by 1) doing yourself 2) refering to the rental company from VRBO sites. Mostly your rentals will cover taxes, insurance and partial mortgage but cash flow or break even is rare unless you manage yourself. The other things that help are the tax breaks.

The rental market might have increase but the number of homes on rentals has also

The best place is on Crystal Beach in homes in the 500-1 mil range you can find a link to crystal beach on http://www.destincondosandhomes.com - Thu Aug 7 2008, 12:45
Michael Henderson answered:
The village of South Walton Beach has the best amenities and location - Tue Jul 29 2008, 17:10
Michael Henderson answered:
The chances of getting a great deal on on Condo for sale in Destin are very high currently - Tue Jul 29 2008, 17:06

would you list a townhouse forsell in Destin, Florida ?

Michael Henderson answered:
Now is not the best time to sell townhomes - Tue Jul 29 2008, 16:51
Specialties
I specialize in investment and second homes
Experience
Latest:
Realtor - Internet and Technology manager for Prudential Coastal Properties
At Prudential we have built the state of art Discovery Center for Destin real estate. You can access all information and properties for sale on The Emerald Coast.
January 1950—present
Certifications & Awards
Realtor
Interests
Boating, fishing, water
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