Monday, March 30, 2015

Nautilus Cove Condo Information



NCC is in Panama City Beach which is located in the Florida panhandle (Bay County) about halfway between Tallahassee and Pensecola.  There are 168 condos in 16 2 story buildings.

This is a low income condo which was initially built as an apartment complex as was the sister community in PCB called 'Stone Harbor' (see:  http://stoneharborsucks.blogspot.com).  Both look very similar.  At some point the developer decided that the property should be a condo and sold them as such.  56 units remained unsold when the bottom fell out of the condo market and today all these and most owned units are rented out as low income apartments.  Over the years the Developer has tried several times to sell all the units in a 'bulk sale', so far no luck.

Most of the units at NCC are rented out, only 1 in 7 condos are occupied by the actual owners.  

For Your Information: 
You can see Owners List's, Delinquency List's and old condo newsletters at:  http://nccownerslist.blogspot.com/ and you can click on this direct link to see the meeting minutes for the last 6 years:   http://tinyurl.com/66zdaor, for 185 NCC photos see: http://nautiluscondo.blogspot.com

There is also an under used message board for NCC found at: http://nautiluscove.proboards.com/index.cgi   

also look at:
Declaration of Condo:  http://nautiluscovedeclarationofcondo.blogspot.com/
By-Laws of NCC - http://tinyurl.com/37vbqkz
NCC Articles of Incorporation - http://tinyurl.com/34wp8pj
Rules and Regulations - http://tinyurl.com/39lbjwl
New 10/4/10 Condo Management Agreement - http://tinyurl.com/39sy3cy

Old Condominium Management Agreement - http://tinyurl.com/3x8963n
Budgets of 2012, 2012 Balance Sheet of 10/2010 -  http://tinyurl.com/2d4oh4j
6 NCC Newsletters:  http://nautiluscondosrules.blogspot.com/2011/09/blog-post.html

Contact the 2015 NCC Board of Directors

Babs43@wowway.net  Barbara Simmons, President (Unit 802)
Joseph Vanderwerff, Jr, VP (Unit 514)
nknight@ndkconstsvcs.com  Norman Knight, Secty/Treasurer, Developer's Representative
Office Tel:  235-1009
Office Fax:  235-1282

Tougher spring break rules discussed
Panama City Beach officials concerned after party shooting.
By Melissa Nelson-Gabriel and Matt Sedensky
   Associated Press
   PANAMA CITY BEACH, FLA.
   — A house party that dissolved into a hail of gunfire and left seven young people hurt has officials on the Florida Panhandle pondering what to do with a spring break season they say has gotten out of control.
   The raucous parties in the spring break capital of Panama City Beach have had politicians, police and businesses tussling for years over how much to crack down on a key economic force.
   That debate was revived again when a packed gathering of dancing 20-somethings turned into a sprawling crime scene early Saturday.
   “This is what we’ve been trying to warn people about,” said Bay County Sheriff Frank McKeithen. “It was only a matter of time and it’s only a matter of time until it happens again if we don’t address it.”
   The city council held an emergency meeting Saturday 
to address spring break, allocating up to $200,000 in additional spending for increased police patrols. But motions introduced by Councilman Keith Curry to ban alcohol on the beach and to roll back the last-call on alcohol sales two hours earlier to midnight were unsuccessful.
   “We have blood on our hands,” Curry told his fellow council members.
   McKeithen had urged the beach alcohol ban and midnight last-call last year, but council members decided against them, instead rolling back last-call from 4 a.m. to 2 a.m. Curry said Sunday he realized they made a mistake as he went on patrols with police in recent weeks, saw the drug arrests for heroin and an increasingly popular club drug called Molly, as well as the number of 
guns that have been confiscated. “It was woefully inadequate,” he said.
   David Jamichael Daniels, 22, of Mobile, Alabama, has been charged with seven counts of attempted murder in the shooting 
and remained at the Bay County Jail. Bond was set on Sunday at $575,000, said Ruth Corley, a spokeswoman for the sheriff ’s office. A .40-caliber handgun believed to have been used by Daniels was found in the yard of a nearby home.
   Officials gave no update Sunday on the condition of the victims, three of whom were listed as critical a day earlier, and three who were stable. The condition of a seventh victim was not released. Three of the victims were students at Alabama A&M University, where a candlelight vigil was planned for the campus quad in Normal, Alabama, this evening.
   Even as talk of change sounded, typical signs of the season resumed in Panama City Beach. By sunset on Saturday, new tenants had moved into the three-story vacation rental where the shooting took place. Dozens of cases of beer filled the front porch of a neighboring house where loud music thumped inside. Desiree Richardson, 18, and five of her girlfriends loaded up their belongings Sunday as they prepared to drive back to Alabama State University, saddened by the news of the shooting. “I don’t know if my parents will let me come back,” Richardson said.
Seven people were injured in a shooting during a house party at this rental home in Panama City Beach, Florida, on Saturday. HEATHER LEIPHART / NEWS HERALD

Saturday, March 28, 2015


WELCOME TO SPRING BREAK IN P.C.B.!

 7 shot at PCB Spring Break house party

McKeithen
Sheriff Frank McKeithen addresses the media Saturday with details on the early morning shooting at a Panama City Beach house party.
HEATHER LEIPHART | News Herald Photographer | Twitter: @PCNH_Heather
Published: Saturday, March 28, 2015 at 08:18 PM.
PANAMA CITY BEACH — Seven people were wounded, several critically, in a shooting at a Spring Break house party early Saturday.
David Jamichael Daniels, 22, of Mobile, Ala., has been charged with seven counts of attempted murder and was in the Bay County Jail awaiting first appearance. Daniels was out on bond for drug possession in Alabama when the shooting occurred, McKeithen said at the press conference.
The shooting occurred at 5312 Thomas Drive on the east end of the street shortly before 1 a.m., according to the Bay County Sheriff’s Office.
“Three victims were found in the home, one in front of the house, one in the median of Thomas Drive, and two across the street from the home,” according to a news release issued later Saturday morning.
“It was a house party and there were a large number of people there,” Sheriff Frank McKeithen said.
Investigators still did not have a motive for the shooting Saturday afternoon.
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3/27/15

701 Listed for Sale at $95,000

This is the old Jarrett condo, original purchase price was $163,100 on 2/16/07. It was subsequently taken over by the Condo Assn for back dues but reverted to Nationstar Mortgage 9/29/14 as the original lien holder and it is now put on the market for $95,000 which is a reasonable price for a 3/2 and it will probably sell close to this price. 

My own condo also a ground floor in this building went for $93,000 2 years ago. 

Residential - CND
MLS#: 630109 List Price: $95,000
Status: Active Last Change: 03/25/2015 ApproxSF/Src: 1,195/PROP.APP.SITE
Address: 701 LIGHTHOUSE RD, #701  $/  Sqft: $79.50
PANAMA CITY BEACH, FL Total Rooms: Bedrooms:3
Zip: 32407 Baths Full/Half: 2/0
Con Docs: Ownership/Sale Type: Auction
MainArea: 03 BB-Bay County-Beach Stories: 1
SubArea: 0307 - Beach E of Hwy 79 YearBuilt: 2006
Subdiv: NAUTILUS COVE CONDO OccStat: Vacant
ParcelID: 40000-100-074  
ElemSch: Breakfast Point   Middle: Surfside High: Arnold
Dir: From Hathaway bridge going west on Hwy 98. Turn right into Nautilus Cove.   
Legal: NAUTILUS COVE CONDO PHASE 6 UNIT 701ORB 2890 P 1296 1ST FLOOR 3BR/2BA. 1195 SQ.FT.

This complex is located in the center of Panama City beach and is less than a mile from Pier Park. Some of the amenities include: Gated community, Resort style pool, exercise room, clubhouse, and playground. The interior of the unit includes: granite counter tops, and pantry. This condo is selling unfurnished. Buyer to verify all data and dimensions.

Room Type Lvl Dimnsns
Living Room 1 13x14
Dining Area 1 7x11
Kitchen 1 7x9 Pool:
Bedrm: Master 1 10x14
Bedrm: Additnl 1 10x10
Bedrm: Additnl 1 11x10   
Assoc Fee: $700 Quarterly
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NOTE: If you want info on any topic or unit ever mentioned onthis site put the term or 
number into the white search bar at the upper left of the page and the info will appear. 

For instance if you put in 701 the below article would show up 
along with a lot of other times the unit was mentioned:


Friday, June 22, 2012



BofA wants its unit 701 Back - Sues NCC

Nautilus Cove Condo has now been filed on in a Foreclosure action by the Bank of America who are attempting to take back #701 the condo that NCC recently acquired via our Foreclosure action against Jarrett.

You might recall that NCC had filed 12/12/11 for Foreclosure on the #701 Jarrett unit for unpaid association dues. The unit went through foreclosure, auction and we have just obtained a 'deed' on 6/21/12 to the unit.

Bank of America now moves to recover their unit from:
Jarrett (now gone), Unknown Tenants and Nautilus Cove Condo Assn.
(BOA took over from Countrywide and the original note on #701 was $166,426 on 2/22/07, now BOA wants the unit which we 'in theory' own)

This filing means more legal costs to us at NCC as BOA will take back the unit from us and whatever tenants we are renting to will be evicted.

At least in regard to the #701 unit this whole nonsense has proved to be a total waste of time on our part. To at least 'break even' on the matter we would have to have rented out the unit for 18 months, clearly this is unlikely.

Sunday, March 8, 2015

#405 Gets Default Judgment on Eviction Request

3/6/2015   DEFAULT FINAL JUDGMENT AS TO COUNT 1 - Recorded (OR.3680.1831 / 2015012875)  CASE CLOSED,  WRIT OF POSSESSION ISSUED


What are the developers rental units going for these days?

NAUTILUS COVE OFFICE HOURS:

1:00 pm - 4:00 pm: Tue
1:00 pm - 4:00 pm: Thu
Mon, Wed, Fri - Sun: Closed



NAMESTARTING AT *DEPOSIT *BED/BATHSQ. FEET **LAYOUT
2 Bedroom, 2 Bath$870  -  $895$4152 beds / 2 baths1020 Sq. Ft.Apply Now
3 Bedroom, 2 Bath$1020  -  $1150$4253 beds / 2 baths1211 Sq. Ft.Apply Now
4 Bedroom, 3 Bath$1095  -  $1285$4354 beds / 3 baths1485 Sq. Ft.Apply Now

Misc Info:  

1)  The Apartment Rating site has 22 reviews of this property, only 26% recommend the property.  See:   http://www.apartmentratings.com/fl/panama-city/nautilus-cove-condominium_850235100932407/

2)  There are always a large number of NCC condos listed at Craigslist, take a look at:  Craigslist has a lot of info on rentals at NCC, 29 post I think, you can see them at: 
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#405 Evection Pending

15000455CC - WILTSHIRE, DAVID vs. JONES SHIRLEY, DAYNA D
Judge: WELCH, THOMAS F
Case Number:  15000455CC   Clerk File Date:  2/23/2015
Court Type:  County Civil
Uniform Case Number:  032015CC000455CCXXXX
Status Date:  2/23/2015    Case Type:  EVICTIONS 
DEFENDANT JONES SHIRLEY, DAYNA D
 PLAINTIFF WILTSHIRE, DAVID
 PLAINTIFF HOLTON, WILLIAM KELLEY
 CASE DOCKETS
DATE ENTRY
  2/23/2015 PAYMENT $205.00 RECEIPT #2015010706
  2/23/2015 SUMMONS ISSUED - DAYNA D. JONES-SHIRLEY - COUNT I & II
  2/23/2015 JUDGE WELCH, THOMAS F: ASSIGNED
  2/23/2015 COMPLAINT FILED
  2/23/2015 CASE TYPE : EVICTIONS
  2/23/2015 CLK TF/DOR SUMMONS SC ASSESSED $20.00
  2/23/2015 CASE FILED 02/23/2015 CASE NUMBER 15000455CC
  2/23/2015 TENANT EVICTION ASSESSED $185.00

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You have to be careful who you rent to, putting that name into County records shows:


 Case Details JONES SHIRLEY, DAYNA D DEFENDANT  15000455CC  OPEN 
Expand  Case Details JONES SHIRLEY, DAYNA D (7/5/1977) DEFENDANT  14021537TR  CLOSED 
A22GMCE 
Expand  Case Details JONES, DANA DANEEN DEFENDANT  13000480CA  CLOSED 
Expand  Case Details JONES, DAYNA RINKS (Alias) DEFENDANT  13000480CA  CLOSED 
Expand  Case Details JONES SHIRLEY, DAYNA (Alias) DEFENDANT  13000480CA  CLOSED 
Expand  Case Details RINKS, DAYNA (Alias) DEFENDANT  13000480CA  CLOSED 
Expand  Case Details SHIRLEY, DAYNA (Alias) DEFENDANT  13000480CA  CLOSED 
Expand  Case Details JONES, SHIRLEY D DEFENDANT  02001314CA  CLOSED 
Expand  Case Details JONES SHIRLEY (Alias) DEFENDANT  02001314CA  CLOSED 
Expand  Case Details JONES, SHIRLEY D PLAINTIFF  86000869CA  CLOSED 
Expand  Case Details JONES SHIRLEY (Alias) PLAINTIFF  86000869CA  CLOSED 

Saturday, February 28, 2015

The prices below remain the same since the post of 1/26/15, however the unit #1404 is no longer listed for sale, either it sold or the listing expired.  It was shown a month ago at $127,500.

106 Cape Cod Dr Panama City Beach, FL 32407
$131,900
Bedrooms: 4
Baths: 3
Approx Sq Ft: 1430
106 Cape Cod Dr 
Panama City Beach, FL 32407
MLS #: 626521
Subdivision: Nautilus Cove Condo
4bedroom/ 3Bath Condo in gated community of Nautilus Cove. Project amenities include 24 hour gate, lush landscaped grounds, great pool area, clubhouse,...
Contact Jennifer Mackay at (850) 774-6582 to inquire about this property.
Listing Provided Courtesy Of Land & Stand Llc
$120,900
Bedrooms: 3
Baths: 2
Approx Sq Ft: 1195
1601 Cape Cod Dr 
Panama City Beach, FL 32407
MLS #: 626523
Subdivision: Nautilus Cove Condo
3 bedroom/ 2 Bath Condo in gated community of Nautilus Cove. This unit is in excellent condition and as good if not better than new. New designer floor tile...
Contact Jennifer Mackay at (850) 774-6582 to inquire about this property.
Listing Provided Courtesy Of Land & Stand Llc
$119,900
Bedrooms: 3
Baths: 2
Approx Sq Ft: 1195
1001 Lighthouse Rd 
Panama City Beach, FL 32407
MLS #: 626969
Subdivision: Nautilus Cove Condo
Welcome to Nautilus Cove, a gated community in the heart of Panama City Beach! This is a 3BR/2BA first floor unit that is very lovely inside. Features...
Contact Jennifer Mackay at (850) 774-6582 to inquire about this property.
Listing Provided Courtesy Of Scott Ingraham Real Estate Group
$111,500
Bedrooms: 2
Baths: 2
Approx Sq Ft: 965
513 Lighthouse Rd 
Panama City Beach, FL 32407
MLS #: 626522
Subdivision: Nautilus Cove Condo
This 2 bedroom/2bath unit is in very, very good condition and was just entirely painted inside. Unit has vaulted ceilings in the living and dining area....
Contact Jennifer Mackay at (850) 774-6582 to inquire about this property.