Sean and Beth Payton have this yummy beach house on the Gulf coast of Florida in between Panama City Beach and Grayton Beach, Florida. Commenters on NOLA have said he’s fighting to keep it. If I were his wife, I’d fight like hell for it. Hell hath no wrath like a man who comes between a woman and her beach home. Anyhoo, here is the Payton beach house on one of my favorite beaches, Watercolor, near Panama City Beach, Florida. Walk about twenty feet and you are in Seaside.  Sean is apparently super generous with his beach house and it is often loaded with football celebs who get an impromptu game of “7 on 7″ touch football going on the beach that usually generates a lot of Watercolor buzz, especially when Tony and Candice Romo are in the fun.

Payton was the Cowboys assistant coach in Dallas from 2003 through 2005.

$3,200,000

Looking at homes in Watercolor, this one is right on the beach and not too far from the Payton’s pad. Because it’s on the beach and ,mere minutes from the Beach Club, this one will set you back about $3,200,000 with 3500 ish square feet, three stories, three bedrooms, three and a half baths, and tons of relaxing porches.

Sean Payton has a home on one of my favorite beaches, Watercolor, near Panama City Beach, Florida. Here’s his yummy house  — I was there, once. Sean is super generous with his beach house and this weekend it was loaded with football celebs who got an impromptu game of “7 on 7” touch football going on the beach that got a lot of buzz and onlookers.

“It got so competitive to where the whole beach was watching,’’ Payton told SportsNOLA.com Saturday. “A highlight for me was my son Connor caught a touchdown pass from Romo. No, he didn’t spike it; he knows better.’’

Fun. ‘Course this leads to more speculation that Payton has such close ties to the Cowboys. In March, he moved to Vaquero. Payton was the Cowboys assistant coach in Dallas from 2003 through 2005, and has only has two years remaining on his contract in New Orleans. Watch for more Dallas Cowboys to be buying beach homes on the Florida Gulf Coast. Tony and Candice, check out Alys Beach!

Dear Candy,

I’m an Australian looking to buy an investment property in the States while our dollar is relatively strong and your market is low.¬†¬† Are there any US web sites or companies that you would recommend that research and recommend properties for buyers?

2nd question РThe demographics look good for Florida over the next 10-20 years.  Do you have any specific areas in Florida that you would recommend?

Thanks

Garth

Dear Garth: We’ll ask the Candy Community for help with both questions, and I will email you my personal recommendations. I am very bullish on Florida, particularly the “designer” Gulf coast. Panama City Beach has a new international airport, stay tuned for a SecondShelters report in April. Also check out Amelia Island and surrounding areas on the east coast. I don’t know if you are thinking a home or condo, but Miami has plenty of those. The St. Petersburg/Tampa area is also beautiful and a bargain-hunters paradise. Unemployment rate a little high for my tastes.

Floridian traps: the high senior population could get costly as the Feds cut back on funding, and any coastal area runs the risk of disaster weather — be sure to check insurance rates carefully. Plus: Florida has no state income taxes, and property taxes are at about .85% or $1860. on a home values at $218,700.

Gulf Shores, Alabama is also extremely cheap right now. The Texas Gulf coast is developing — check out Cinnamon Shore — and you’ll be in another no-income tax state that is enjoying population growth and zippier employment than the rest of the nation. But our property taxes are nothing to sneeze at, 1.76% of the home’s value or $2232. on a $126,800 average home.

Thanks for Asking Candy!