Courtesy Listing
 Property for Sale

File No. RL9285400

Address:                            10 Portofino Drive, Units 1605, 1606, & 1705.
                                          Tower One, Portofino Condominium,
                                          AKA Portofino Island Resort and Spa
                                          Pensacola Beach, Escambia County, FL 32561

Property Type:                   3 Condominium Units with “Santa Rosa Sound view”
Condominium:                    Portofino, Tower One
Legal Description:              Condominium Parcel according to the Declaration of Condominium of Portofino Tower One, a
                                         Condominium, recorded in OR Book 5061 at Page 111
Appraised Value:               $535,000 as of 2/2007, per unit
Listing Price:                      $475,000, per unit
Gross Living Area:             1,333 SF, per unit
Balcony:                            170 SF, per unit
Total SF:                           1503 SF, per unit
Total Rooms:                     4 (Living Room, Dining Room and Kitchen are all open), per unit
Bedrooms:                         2, per unit
Bathrooms:                        2.5, per unit
Stories:                              22 in Tower One; 5 parking levels and 17 living levels; units are on the 16th & 17th floors
Garage:                              Each unit has its own assigned, deeded parking space & assigned, deeded storage area, identified by
                                          parking space & storage area numbers
Site:                                   28 acres, containing 3 gulf side towers, and 2 sound side towers, and property amenities
Age:                                   Built in 2003
Features/Amenities:            Premier Resort - Exceptional Rental Opportunity, Gated Community, ideal for a family retreat,
                                         corporate getaway, or luxury living; European Spa and 40,000 SF Lifestyle Center on premises, as
                                         well as Exercise Room, Steam Room, Sauna, Aerobics, Pilates, Wellness, and Yoga instruction, 5
                                         Lighted, Rubico (clay) Tennis Courts and Tennis Pro on site; Fine Dining Restaurant on premises,
                                         Olympic Size Heated indoor Pool, and an outdoor Pool and Hot Tub for each tower; and the
                                         Lifestyle Building Beach Services available as well;  Ferry runs every hour to all Restaurants,
                                         Shopping, and Golf;  Boating, Kayaking, Fishing, Parasailing all readily available; Golf Nearby at
                                         Tiger Point; All units have water (Sound) view, Double door grand entrances; Designer European
                                         cabinets in kitchens, Roman whirlpool baths in master baths, Granite countertops, and tile floors
Additional Info:                  Each unit comes fully furnished with quality high-end furnishings. The condition and the quality of
                                         the units and the development are considered good to superior.
Location:                           Located on a pristine stretch of nature-preserved land bordering both the Gulf of Mexico and the
                                         tranquil waters of Santa Rosa consisting of five elegant towers each separated by 300 feet of
                                         ecologically preserved land. The resort is connected to the mainland by the Hwy 399 Bridge from
                                         Gulf Breeze/Pensacola, in Escambia County, adjacent to miles of Gulf Islands National Seashore.
                                        Click here for map & driving directions to Portofino Island Resort
Financing:                         The Bank of Bonifay is offering favorable financing terms for qualified buyer