FAQ

What is the Rosemary Beach Private Residence Club?

The Rosemary Beach Private Residence Club is an exclusive and luxurious residence club situated on the Gulf Coast of northwest Florida, between Panama City and Destin, at the eastern end of scenic Route 30A. The property features 16 beautifully designed and appointed 2-bedroom, 2.5-bathroom residences.

What are the advantages of ownership in a private residence club?

As an owner at the Rosemary PRC, you’ll experience the advantages of owning a 1/6 deeded interest in a beautifully designed residence without the costs and worries associated with full ownership in a beach residence. Your ownership also represents a valuable real estate asset that can be sold or transferred.

Is The Rosemary Beach Private Residence Club a timeshare development?

No. The Rosemary Beach Private Residence Club is a private residence club, owned and enjoyed much like a private country club. Owners get use of the property for seven weeks each year (1 winter week, 2 spring weeks, 2 summer weeks and 2 fall weeks) plus bonus weeks on a space-available basis.

Is ownership at The Rosemary Beach Private Residence an interest in real estate?

Yes. Ownership at The Rosemary Beach Private Residence is a valuable real estate asset that can be resold or transferred. Each owner has an undivided, deeded, interest in real estate as evidenced by a real estate deed recorded in the county records.

Are there other residence clubs at prestigious resort locations?

Yes. The Rosemary Beach Private Residence Club is a member of the Elite Alliance exchange program (www.elitealliance.com) and owners can trade their planned vacations for vacations at other resort properties (subject to current usage rights and availability).

Services and Amenities at The Rosemary Beach Private Residence Club

  • On-site Manager
  • Housekeeping
  • Underground parking
  • Rooftop pool
  • Rooftop grills and lounge areas
  • Reflecting pool and lounge areas in open air atrium
  • Bicycles
  • Owner lockers

 

How often may I use my ownership at The Rosemary Beach Private Residence Club?

Owners, along with their family members and accompanied guests, can enjoy seven weeks of usage per year subject to current usage rights of 1 winter week, 2 spring weeks, 2 summer weeks and 2 fall weeks. Beyond the Planned Vacation weeks, there are opportunities to reserve additional time on a space-available basis.

Will owners always stay in the same residence?

No. Although floor plans may differ slightly, all residences are furnished and equipped similarly.

Can owners leave personal belongings at The Rosemary Beach Private Residence Club?

Yes. The Rosemary Beach PRC provides an on-site area to store beach chairs and umbrellas. Owners are also provided an unconditioned small locker for storage of small personal items.

What if my schedule changes and I cannot make my vacation nights?

You may send family or friends to enjoy your residence during your Planned Vacation weeks subject to current ownership rules.

Can a corporation, partnership, or LLC purchase an ownership interest?

Yes.

How many ownership interests are there?

Each of the 16 residences is split into 6 individual shares.

Do owners have guest privileges?

Yes. Owners may invite guests on an accompanied or unaccompanied basis, subject to current usage rights.

Who controls the affairs of The Rosemary Beach Private Residence Club?

An owner-elected board of directors controls the affairs of The Rosemary Beach Private Residence Club including the establishment of the annual operating budget.

What is provided for in the Annual Assessments?

The Annual Assessments cover building exterior and unit interior maintenance and renovations, professional property management, property taxes, insurance and the operation of all facilities and amenities.

How is title conveyed to the owner?

Each owner receives a deed to a 1/6 interest in one of the 16 units in the building and to an interest in the Rosemary Beach Private Residence Club’s common areas.

How do I find out more about becoming an owner at The Rosemary Beach Private Residence Club?

For information about current listings at The Rosemary Beach Private Residence Club, please contact a realtor in the 30A/Walton County area.