Magnolia Private Residence Club Opens

Magnolia Private Residence Club offers families the chance to have a luxury vacation home at an affordable price.

Magnolia Private Residence Club is from the Axiom Capital Group, LLC of Destin, FL and their partners, consultant DCP International, who developed the residence club concept in 1992 with the Deer Valley Club at the prestigious Deer Valley Resort in Utah.

The newly opened Magnolia Private Residence Club is located on coastal Highway 30-A, an area of Florida's panhandle between Destin and Panama City Beach, close to major airports servicing both the United States and Canada. It allows families to partially own a luxurious vacation home at a reasonable price. For example, a well- furnished, three-bedroom residence is just $159,000 for a one-eighth share.

"We're thrilled to have Magnolia open for the New Year," says developer Alan O'Neal. "Despite the economy, we've seen considerable interest from prospective buyers who have been eagerly awaiting the Club's completion. We now have a spectacular finished product and are welcoming visitors for preview stays."

The property is set on white-sand beaches with beautiful water surroundings, and special services and amenities suited for families. Some of the amenities include:

- Spacious 3 bedroom accommodations
- Concierge service
- Grocery delivery before guests arrival
- Fitness center, complete with sauna, steam room, and massage room
- Rooftop deck with heated pool, jetted spa, and two commercial grade grills
- Club special services: beach cruiser bicycles, beach accoutrements deliveries
- Owner's lounge with outstanding views
- Daily housekeeping

Owners at Magnolia Private Residence Club are allowed to visit their beachfront property as often as they wish, according to Club reservation policies.

For families looking for an affordable way to get away in the current financial climate, a partial ownership in the Magnolia Private Residence Club is a great solution.