Sterling Realty Boasts High-Volume Sales for Snug Harbour Condominiums
Sixty-Five Percent of Remaining Units are Reserved
DESTIN, FL, December 9, 2005. Sterling Realty announced today that, as a result of brisk sales in the past two months, it has sold 60 units and received reservations for 133 of the 203 available units in the Marina Tower at Snug Harbour Marina & Condominiums, a new $240 million, 10-acre condominium development and 132-slip marina overlooking Watson Bayou in Panama City.
"Since sales began in September, we have enjoyed an overwhelming response to Snug Harbour," said Grady Elder, vice president of sales at Sterling Realty. "It's a unique development offering homebuyers a waterfront lifestyle like no other condominium property in Northwest Florida."
According to Elder, the fastest selling and most popular unit has been Marina Tower's Unit C, a 1,300-square-foot two-bedroom, two-bath with a bunk area. Initial selling prices for Unit C ranged from $499,900 to $564, 900.
Snug Harbour Marina & Condominiums offer 393 spacious one-, two-,three-, and four-bedroom condominium units ranging from 999 to 2,168 square feet, three towers that wrap around the lagoon and marina. Prices currently start in the low $500s.
Adjacent to the condominiums, the Snug Harbour Marina will feature a 132-slip marina and floating docks with 50-amp power, water, cable TV, phone, and wireless Internet. Snug Harbour will also offer a ship's store, restaurant and bar.
The Mediterranean-style development offers soft, natural exterior tones, an Italian red-tiled roof and expansive archways that guide guests to luxurious amenities. Boasting numerous water attractions, the development will have a large infinity pool with a shallow sunbathing area, two additional pools with fountains, a two-lane 25-meter lap pool, two hot tubs and a children's "wet" play area. For those wishing to enjoy the outdoors in the shade, the development will have 23 cabanas and four outdoor living space.
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