Sandalwood Drive Seagrove Beach
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Sandalwood Drive Seagrove Beach

Florida

Listing Type

Potential

Attributes

Co-Owner Price

Magnolia Dune is a 30A community with upscale cottage-style homes just steps from the glorious Gulf of Mexico.

Lifestyle Asset Group invites you to co-own a beachfront vacation home in Seagrove Beach in the popular 30A area of Northwest Florida.

Through a proven co-ownership model, Lifestyle Asset Group brings together just five fortunate families to share in the acquisition of the home, the annual operating expenses, and the reservation calendar, providing the opportunity to own and enjoy a $1,422,000 beach home, hassle-free, for a fraction of cost of going solo.

The Property

42 Sandalwood Drive

This is a great price for a Seagrove Beach property just steps away from the beach!

This home has been well maintained and has never been rented. It was used as a family vacation home and more recently, a primary home.

Natural lighting streams throughout this home making it a very inviting, recently painted and features vinyl plank floors, quartz, stainless steel appliances, a breakfast bar, and recessed lighting.

There are king beds in all three expansive bedrooms upstairs and an additional bunkroom downstairs with a built-in double bed.

Testimonial:
  • $1,422,000 purchase price
  • 3 bedrooms, 3 bathrooms
  • Additional bunk room on the main level with a built-in double bed
  • 2,120 sq ft
  • Sleeps 8
  • Year built 2005
  • Open floor plan
  • Newly redone kitchen cabinets and quartz countertops
  • New dishwasher, microwave, and dual fuel oven and lighting in 2020
  • New air conditioning unit in 2017
  • New tankless hot water heater in 2020
  • Decks were painted in 2020, and decking boards & joists were replaced as needed, along with stairway repairs.
  • New main-level vinyl plank flooring
  • Parking Spaces: 2 Spaces in the driveway
  • Outdoor shower pad installed in 2016
  • New landscaping and irrigation
  • Community Pool
  • One block from beach access at One Seagrove Place
  • Includes bikes and 6-seater, street legal golf cart

The Place

The Resort

Located in Magnolia Dune, a 30A community with upscale cottage-style homes just steps from the glorious Gulf of Mexico. It's sunny in Florida, and everyone loves a neighborhood pool and bathhouse—Magnolia Dune has one.

The neighborhood is on 30A, allowing easy access to neighborhoods like Seaside, Alys Beach, and Rosemary Beach. Close proximity to restaurants and shops along 30A, including Goatfeathers Fish House, Tom Thumb, and Cafe 30A.

The Investment

Since 2013 Lifestyle Asset Group has been a pioneer in this proven real estate model, where you, along with a small group of like-minded investors, co-own a vacation property, with each investor only paying their share of the ownership costs.

PRICING OPTIONS

Pricing includes the $1,422,000 purchase price plus LLC reserves, interior design, inspections, title, closing costs, a syndication fee for bringing the co-owners together, and creating the co-ownership agreements for LLC.

Each 1/5th owner will enjoy 8 weeks of use annually

  • One-time LLC capital contribution: $338,000
  • Annual expenses: $16,000 per year

each 1/10th owner will enjoy 4 weeks of use annually

  • One-time LLC capital contribution: $169,000
  • Annual expenses: $8,000 per year

Additional Benefits:   

  • Free space available use when the property is not being used
  • Defined exit strategy in 5 years. At the end of the LLC term, the property is sold, all initial capital contributions for the acquisition are returned, and net appreciation is shared
  • Voting option to extend the term to up to 7 years
  • Rent a portion of your weeks to offset monthly costs
  • Zero-hassle ownership and personal travel and concierge services
  • Access to 150+ properties in over 90 destinations
GET WEEKLY EQUITY VALUES
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If this one-of-a-kind investment opportunity resonates with you and your family, we encourage you to request more information about this Seagrove Beach home before the shares are spoken for.

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