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Why is the Emerald Coast recently emerging as the HOTTEST SELLING REAL ESTATE ON THE PLANET? We get that question a lot! Here is the short answer:

A few years back when we were still known as "The Redneck Riviera", our development was being stifled by the fact that, despite the miles and miles of pine tree forests that you had to drive through to get here, we had very little green space available for development of industry and communities. The miles and miles of pine trees were all owned by a private timber company who owned over 50% of our county.

Well, now that timber company has turned its attention away from timber and towards developing, bringing our community the industrial opportunities and infrastructure that we have been waiting for. They are utilizing "Area Sector Planning Strategies", which is effectively designing pre-conceived communities from the ground up taking into account environmental concerns, infrastructure, schools, parks, playgrounds, and shopping areas, as well as pre-defining strategically located industrial areas and office parks.

This is a totally different approach from the patchwork approach that the rest of Florida's development has been subjected to and will certainly enhance the future value of this area. Meanwhile, the Condo developers have discovered our that Our Beaches are The Most Beautiful in the World and have proceeded to dot the beachside landscape with upscale condo developments, replacing the inexpensive "Mom & Pop" hotels that once lined the beaches.

While many people hate to see the old ways fade, most are optimistic when they see the way that development is taking shape in a way that is preserving the natural beauty and resources of our area, while bringing in people of means who are willing to spend money here that in turn benefits residents through tax revenues and community improvements.

If you would like any individual information about New Developments, Industrial Opportunities, the new International Airport, Pier Park, (Simons proposed beach-side outdoor mall project), a possible Cruise Port, or any of the other Rumors or Facts that are circling about our area, just let us know; our ears are to the ground!

 

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Latitudes Realty of Florida
848 Jenks Avenue
Panama City FL, 32401
Office: 850-522-6000 - Fax: 850-522-6008
Toll free: 877-522-6004
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