May 2023 | Condo & Home Market Highlights

Here is your Emerald Coast monthly market update for May! The Emerald Coast real estate market has witnessed intriguing trends during the month of May. Renowned for its breathtaking coastal beauty, sought-after neighborhoods, and a vibrant mix of recreational and cultural offerings, this area continues to captivate homebuyers and investors alike. May has proven to be an exciting time for both homebuyers and investors in paradise!

For real estate investors looking to seize the potential along our coastline, now is the time to take action. There are enticing prospects awaiting those willing to explore the real estate market in these coastal gems. Whether you're interested in purchasing vacation rental properties, seeking long-term investments, or considering selling, the allure of these sought-after destinations combined with the rising property values make it an opportune moment to dive into the market. Don't miss out on the chance to take advantage of this thriving real estate landscape. Start your investment journey in paradise today and reap the rewards of this flourishing market. We're always here to answer any questions or offer a property valuation.

Take a look at some key highlights that have shaped the market landscape during this period.

The highest-priced condo sold within the areas of Okaloosa Island, Destin, Sandestin, Miramar Beach, North Santa Rosa Beach, and 30A was:  

High Pointe Resort Condo

30A East

3 Bed | 3 Bath

1,850 Square Feet

$3,385,000

The highest-priced home sold within the areas of Okaloosa Island, Destin, Sandestin, Miramar Beach, North Santa Rosa Beach, and 30A was:  

32 McGee Drive

Alys Beach | 30A East

5 Bed | 6.5 Bath

5,684 Square Feet 

$11,350,000

Now is a great time to perform some due diligence whether you're considering selling or purchasing property. With the current supply and demand, timing is crucial. You need a team who will help you make the right decisions, at the right time. If you feel unsure about your current real estate holdings, we're here to help guide you to make the best decision for you. 

Looking for your perfect beach house?

Interested in buying or selling?

Connect with us!

Just Sold | Majestic Sun | A507 | Miramar Beach, FL

1 Bed  |  2 Bath  |  833 Square Feet  |  Selling Price: $570,000

Another listing sold! Our long time clients took advantage of the market and purchased this unit as a foreclosure back in September of 2015. They’ve thoroughly enjoyed owning this beachfront paradise, but have outgrown this lovely one bedroom unit. They decided it was time to sell and make a move to a three-bedroom Gulf-front unit. We’re excited to get this unit sold and assist them in their future purchase!

Stunning panoramic Gulf views are the hallmark of this one-bedroom, two-bath unit. The open kitchen, dining, and living area feature mesmerizing views of the Gulf. The bedroom suite is located in the north end of the unit and comfortably contains a king bed and en suite bath. Hall bunks and a full guest bath allow for additional sleeping arrangements. Glass sliders lead you to the spacious balcony where you can enjoy breathtaking views from sunrise to sunset and let the salty breeze wash over you. With serene coastal finishings and design, this paradise will quickly become your favorite place to unwind!

Welcome to Majestic Sun, an extraordinary beachfront oasis nestled in the breathtaking paradise of Miramar Beach, Florida. This luxurious condominium complex epitomizes coastal living at its finest, offering a harmonious blend of elegance, comfort, and unparalleled natural beauty. Perched along the pristine shores of the Gulf of Mexico, Majestic Sun boasts an enviable location that affords residents and guests breathtaking panoramic views of the sparkling turquoise waters and sugar-white sandy beaches. The sight of the sun-drenched shoreline stretching as far as the eye can see creates an enchanting backdrop for unforgettable sunrises and sunsets. The architectural splendor of Majestic Sun is complemented by a wealth of upscale amenities designed to enhance the coastal lifestyle. Residents and visitors have access to a stunning beachfront swimming pool, where they can bask in the Florida sunshine while enjoying the soothing sounds of the waves crashing on the shore. For those seeking relaxation, a spacious hot tub awaits, providing a tranquil retreat after a day of exploring the beach or indulging in nearby recreational activities. Majestic Sun also offers an array of on-site amenities to cater to every need. Stay active in the fully equipped fitness center, challenge friends to a game on the tennis courts, or take advantage of the convenient covered parking. The complex is also in close proximity to world-class golf courses, premier shopping destinations, and an array of dining options, ensuring that every desire is within reach. Whether you're seeking a permanent residence, a vacation retreat, or an investment opportunity, Majestic Sun in Miramar Beach presents an unparalleled coastal living experience. Discover the perfect harmony of luxury, tranquility, and natural beauty in this idyllic beachfront haven.

This unit was lovely to shoot and market. Located in popular Miramar Beach with panoramic Gulf views, beautiful beachfront, and minutes from all the popular destinations along the Emerald Coast, we knew this unit would appeal to buyers desiring to live the coastal lifestyle or make an investment in paradise. We made the most of these aspects and featured them in our marketing plan. Along with professional photography, we produced a video tour of the unit and community highlights.

   

For ease of access in learning more about the unit and community, we promoted it on social media, in our monthly newsletter and in email marketing to send to our database of investors and agents that link to both the property website and video tour. The property was also featured on Zillow, Trulia, and Realtor.com, as well as internationally renowned Remax.com.

Interested in real estate along the Emerald Coast? 

See what's on the market by area!

Thinking of selling or buying? 

Connect with us!

Just Sold | Indianola on the Water | 504 | Fort Walton Beach, FL

3 Bed  |  3 Bath  |  1,833 Square Feet  |  Selling Price: $695,000

We've assisted our clients over the years with several transactions on Okaloosa Island. They have loved owning Gulf front but are ready for a change. Desiring to own in a quiet non-rental community, with a boat slip and easy access to shops and activities in downtown Fort Walton Beach, we found them this lovely penthouse unit in the perfect place. We’re excited for our clients to experience waterfront living from a new perspective!

This waterfront penthouse unit on the Santa Rosa Sound is fantastic! With three bedrooms, three baths, and a spacious private balcony this is a wonderful second home for our clients. The roomy and open floor plan is warm and inviting. Upgrades include wood look plank tile, Samsung black stainless steel appliances with smooth top stove, extra quiet dishwasher, and microwave, pull-out faucet, and more. The kitchen has corian counters, pantry, and breakfast bar, and tiled backsplash. A spacious living room features a custom entertainment center and access to the balcony, where you can enjoy stunning panoramic views of the sound. The large master suite has water views and private access to the balcony. The master bath features double sinks, whirlpool tub, and a separate shower. The two guest suites are spacious and inviting, providing room for family and guests. This unit has one of the best views in the complex – a serene paradise!

Indianola on the Water is adjacent to Fort Walton Beach Landing Park and historic downtown. Here you’ll enjoy the convenience of year round festivals, fireworks, entertainment, farmer’s markets, a movie theater, restaurants, gym, and more. The complex is private with only 30 units in the building and features include gated entry, elevators, a community garden, seasonally heated pool, and barbecue area overlooking the sound with Sunday gatherings. A state-of-the-art floating boat slip conveys as well as two climate controlled storage units. This is a great place to spend in paradise!

Interested in real estate along the Emerald Coast? 

See what's on the market by area!

Thinking of selling or buying? 

Connect with us!