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Pre-Construction Real Estate Information

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Project Details

Project Name: 

PICTHER POINT/CREEKSTONE DEVELOPMENT-Tower II Reservations now being taken. If I get 20+ Reservations, I can secure $335 per sq ft. Now selling for $350 per sq ft plus $1000.00 surcharge per floor. GREAT DEAL!!

General Description Of Project:

This Biloxi Area Condo project has 3 Towers, 16 Stories High, Gated Community w/ Keyed Access, Adult & Children’s Style Pools w/Interactive Fountains & Spas, Covered Parking, Cat-walk to Beach, Vendors on Beach with Seadoos, Umbrella & Beach Chairs, Food, and Drink. Tower I of this Biloxi Area Condo is almost sold out! 

Location Of Project:

Long Beach, MS—approx. 7 minutes to nearest casino, Gulfport Grand and close to several top-notch Golf Courses, Major Waterpark, Shopping, & Fine Dining

Specific Amenities:

This Biloxi Area Condo project has:

  • High Ceilings

  • Granite Countertops

  • Crown Molding

  • Travertine flooring in Living Room

  • Dining Room, Kitchen, Baths

  • Utility & Foyer, Optional Wet bar w/ Ice Maker

  • Garden Tub w/ Cultured Marble Shower & Vanity Top

  • High Speed Elevators

  • Full Size Washer/Dryer

  • Designer Appliances

  • Zero Entry Pool

  • Cabanas w/ Outdoor Cooking Areas

  • Workout/Spa Area

  • Meeting Area

  • Media/TV Theater

Paste Any Graphics Here:  

Timelines:

Tower I & II, Hard Contract Sept/Oct ’05 with Groundbreaking Dec ’05/ Jan ‘06

Amount To Be Invested:

$10,000 Reservation Fee—100% Refundable
20% Down at Hard Contract—10% Cash & 10% Letter of Credit (LOC)

Escrow:

Deposit shall be made payable to Coldwell Banker Alfonso Realty, Inc. (Escrow Agent) and shall be held in an interest bearing account.

Price Rationale:

Southern Shore Resort in Lakeshore MS is now selling pre-construction at $375 per sq ft. Developer anticipates selling at $450 per sq ft upon construction. Portofino in Biloxi, Tower I, is selling for $350-375 per sq ft and Tower II is starting at $375-400 per sq ft. Waterside Resort in Biloxi, coming soon, is estimated to start at $425 per sq ft

Rents:

The Legacy is currently renting for $3500 a month for 2 BD/ 2 BA.
Southern Shore Resorts estimates rentals for 2 BD/2 BA will be as follows:
$200-239 per night, $1,125 for 5 nights, $1,320 for 6 nights, and $1,495 for 7 nights.

Are Investors Allowed?

Absolutely—with this large reservation, the only thing the Developer asks is the purchaser have bank letter stating that each individual has the necessary funds to purchase.

Contact Information:

Kelly Moses 228-897-5541 (office)
Coldwell Banker Alfonso Realty 228-897-5509 (fax)
233 Courthouse Rd. 228-424-0667 (cell)
Gulfport, MS 39507 kelly@kellymoses.com 

Forms:

Reservation Agreement/Information Package - Click Here to open file

Building 2 and Brokerage Agreement - Click Here to open file

Other Information:

I have worked out a great deal for your MasterMind Group with this Developer. Tower II is now selling pre-construction at $350 per sq ft plus $1000.00 surcharge per floor. Tower I started at $335 per sq ft. The Developer has agreed that if I can get 20 reservations for Tower II, he will price the reservations at $335 per sq ft for Tower II. That’s a $15 per sq ft discount—Do the Math!! I will have to have all reservations in by July 25 , 2005 to get this discount. If I do not get 20, the price then goes back up to $350 per sq ft.

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