Bank-owned property for sale

File No. LL9612200
Address:                       386 Morgans Trail, Santa Rosa Beach, Florida 32459

Property Type:             Single Family Residence in Planned Unit Development
Subdivision:                  The Preserve At Grayton
Legal Description:         Lot 34 The Preserve At Grayton
                                    Parcel ID: 07-3S-19-25180-000-0340
Appraised Value:          $1,081,000 as of 4/07
Listing Price:                 $699,900
Gross Living Area:        2,675 sq feet
Total Rooms:                7
Bedrooms:                    4
Bathrooms:                   4
Garage:                        None
Site:                              6,325 sq feet / 55x115
Age:                             Built in 2006
Home Features:            Located in historic Grayton Beach, in the gated community of The Preserve at Grayton Beach, this Florida cottage
                                    style, 4 bedroom 4 bath residence features two master bedrooms, hardwood floors, granite countertops, wet bar and
                                    expansive, spectacular gulf views from the 3rd floor tower. Foundation on Pilings, Metal/Tin Roof, Cement Fiber
                                    Siding.
Amenities:                     The back of this property borders Point Washington State Forest and offers additional privacy. The Preserve at
                                    Grayton Beach border County Highway 30A and offers deeded beach access, a dune-walkover, located across 30-
                                    A near the eastern entrance to The Preserve at Grayton. 2 community pools, work out room, clubhouses, tennis
                                    courts and are just minutes away from the very best dining shopping and recreation available in the Beaches of South
                                    Walton.
Location:                      The Preserve at Grayton Beach is begins immediately North off County Highway 30A is located approximately ¼
                                    mile east South County Highway 83 and is approximately 2 miles West of State Road 283. Big Redfish Lake is to the
                                    South- Southwest. It is also located less than 3000 ft from the Gulf of Mexico.
Financing:                   The Bank of Bonifay is offering favorable financing terms for qualified buyer