July 2020 | Condo & Home Market Highlights

The Emerald Coast real estate market was booming in the month of July! 

We thought June was a busy month, but July showed us more incredible increases compared to the same time last year. Summer is a fabulous time to peruse the market and find your ideal property. There's something for everybody and we're here to help you find the right property for you. If you feel it would be a better move to list and sell your property – we're here to help with that too. 

Let's dig into some of the numbers! As we stated before, we saw great increases – especially so in the 30A area. 30A East saw an increase in condo sales by 425%, with 30A West not far behind with an increase of 400%. The Miramar Beach/Sandestin area saw an increase of 147%, and Destin came up with an increase of 58%. North Santa Rosa Beach saw a 33% decrease and Okaloosa Island saw a decrease of 17% in condo sales as well.

If you're thinking the reason we saw such an increase in sales is due to price decreases – think again! Take a look at the percentages of increase/decrease in median condo sale price by area (more details are in the infographic below):

30A East: +116% 

30A West: +19%   

Destin: +21%

Miramar Beach/Sandestin: +14%

North Santa Rosa Beach: +14%

Okaloosa Island: -80%

Days on the market were also down across the board with an average of 48% less time spent on the market for condos. 

Wondering about the home market? We've got the numbers on that too!

30A East saw an increase in home sales by 165%, with 30A West showing an increase of 119%. The Miramar Beach/Sandestin area saw an increase of 109%, Destin came out with an increase of 13%, and North Santa Rosa Beach showed an increase of 104% in home sales.

Here are the percentages of increase/decrease in median home sale prices by area:

30A East: +43% 

30A West: -5%   

Destin: +25%

Miramar Beach/Sandestin: +11%

North Santa Rosa Beach: +7%

Okaloosa Island: N/A

Days on the market were also down for homes showing the same average as condos with 48% less time spent on the market.

More and more people are realizing the increasing value of owning along the Emerald Coast! If you'd like more detailed information on a particular area or community feel free to reach out to us. We love sharing valuable info! 

Here's the sum-up of July condo and home sales here along the Emerald Coast:  

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

Grand Dunes

Miramar Beach

$2,500,000

4 Bed | 4 Bath

3,150 Square Feet  

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

158 Geoff Wilder Lane

Seacrest Beach | 30A East

$6,500,000

6 Bed | 5.5 Bath

4,032 Square Feet 

We're keeping a close eye on the market activity this year and we're continuing to stay prepared through the busy summer and closely approaching fall season. We love staying in touch to keep our clients prepared and on top of the emerald coast real estate market, especially with the ever-changing world situation. This is a great time to perform some due diligence regarding purchasing property. Keeping on top of the market will ensure that you don't miss any deals. We are getting a new influx of inventory daily and there are some great opportunities to take advantage of. The daily hot sheet has new listings hitting the market every day, so contact us to sign up for updates and let us keep you informed! If you feel unsure about your current real estate holdings, we're here to help guide you to make the best decision for you. 

Interested in buying or selling?

Connect with us!

Just Sold | 2196 Co Hwy 83 | 30A, FL

4 Bed  |  4 Bath  |  2,509 Square Feet  |  Selling Price: $929,000

We just assisted our clients in the sale of this home along 30A! Our clients are residents of Georgia and keep busy running two successful businesses – she owns a clothing line, and he remodels high-end kitchens! In search of a place to take weekend getaways and spend time with family, they reached out to us to find the perfect property. We are so thrilled to have found them this incredible Mediterranean style home just steps from the beach, and just around the corner from our office at Redfish Village! 

This stunning Mediterranean style home at Palmeira Villas in Blue Mountain Beach is just steps from a beach access! Elegant touches throughout the home include arched windows, french doors, travertine floors, and coffered ceiling detail. The kitchen features a center island with bar seating for four, granite counters, and travertine tile backsplash. In the living room area, you'll find a custom built-in media cabinet and dry bar. The third-floor master bedroom is the perfect retreat with a private covered balcony where you can soak in the sea breeze and Gulf views. The second floor features a bonus living area or game room for the kids. Three guest suites, two of which have their own private balcony, allow for the entire family to stay and enjoy. French doors lead you to the relaxing outdoor space that features the private pool and space to entertain. This lovely home is sure to make the perfect getaway in paradise!

Looking to buy or sell?

Connect with me!

Just Sold | 606 Choctaw Drive | Destin, FL

5 Bed  |  5.5 Bath  |  5,086 Square Feet  |  Selling Price: $1,750,000

We are so thrilled to get this amazing home under contract in four days and sold in just 22 days! 

This stunning waterfront home is located on Holiday Isle in the heart of Destin. Done in a contemporary style you'll find neutral tones along with premium features including an incredible chef's kitchen, expansive windows, quartz countertops, polished concrete and hardwood flooring, a hidden pantry, and so much more. The master suite is incredibly spacious and glass sliders lead to the large second-floor balcony. The master bath features a garden tub, a separate shower with dual rainfall showerheads, and two walk-in closets. With multiple guest suites and additional rooms – this home is made to be enjoyed by many!

This home on Holiday Isle has it all. The summer kitchen, fabulous pool area, and 90-foot dock provide the ultimate in outdoor living. You're just a walk or bike-ride away from the beautiful beaches. After lounging by the pool and enjoying a beach day, take a sunset cruise over to Destin Harbor! 

This was a fabulous home to shoot and market. With beautiful finishings and amazing outdoor space, we knew showings would be a breeze. We also made the most of these aspects and featured them in our marketing plan. Check out the various ways we marketed the property to reach potential buyers.

   

In addition to professional photography, we produced a video tour of the home and community to send to potential buyers and create interest in the property. 

We sent mobile-friendly email flyers to our database of investors and agents that linked to both the property website and video tour for ease of access in learning more about the home and neighborhood. The property was also featured on Zillow, Trulia, and Realtor.com, as well the internationally renowned Remax.com.

Click here to view other homes for sale on Holiday Isle!

Click here to view waterfront homes for sale in Destin!

Thinking of selling or buying? Connect with us!

Just Sold | 153 Satinwood Drive | 30A

4 Bed  |  3.5 Bath  |  2,070 Square Feet  |  Selling Price: $587,500

We're so excited to have assisted our wonderful clients in the sale of their home along 30A! Desiring a one-story home with no HOA fees, they asked us to list their beautiful home on Satinwood Drive and we found them the perfect home that checked all the boxes on Walnut Street.    

This lovely home is located in the highly desirable 30A area. With an ample and open kitchen, living, and dining area, along with a master suite on the first floor, there is plenty of space to relax with the whole family. The second floor features another master suite, two guest rooms as well as an additional living area for a sitting room or play area for the kids. There is a lovely paved patio area on the backside of the home, as well as a two-car carport and outdoor storage closet a great place to store all your beach gear. Within walking distance to a beach access and plenty of fun along 30A, this home makes an excellent investment property with rental projections reaching up to $49k! 

This was a beautiful home to shoot and market. With beautiful finishings and plentiful natural light throughout the home, we knew showings would be a breeze. We also made the most of these aspects and featured them in our marketing plan. Check out the various ways we marketed the property to reach potential buyers.

   

In addition to professional photography, we produced a video tour of the home and community to send to potential buyers and create interest in the property. 

We sent mobile-friendly email flyers to our database of investors and agents that linked to both the property website and video tour for ease of access in learning more about the home and community along 30A. The property was also featured on Zillow, Trulia, and Realtor.com, as well the internationally renowned Remax.com.

Click here to view other homes for sale in the 30A area!

Click here to view waterfront homes for sale in the 30A area!

Click here to view waterfront homes for sale in Destin!

Thinking of selling or buying? Connect with us!

Top 10 Best Selling Condos | 2020 First Half

The first half of 2020 saw 765 condo sales in the areas of Okaloosa Island, Destin, Miramar Beach, Sandestin, and 30A. Here is a list of the top ten most popular condo communities based on the number sold. 

The Palms of Destin
28 Condos Sold
Selling Prices: $145,000 - $370,000

Located in the heart of Destin, The Palms of Destin offers incredible resort living with features including lush tropical landscaping, a stunning lagoon pool with bridges and waterfalls, tennis courts, on-site restaurants, conference center, and so much more. Make your way to Destin Harbor just minutes to the west, or head east to enjoy the sights along popular 30A. With a complimentary beach shuttle, your toes can be in the sugar-white sand in less than five minutes!

Gulf Terrace
27 Condos Sold
Selling Prices: $89,000 - $133,000

Centrally located in Destin, Gulf Terrace is a gated community within walking distance to the Gulf of Mexico, dining, and popular attractions. Once inside the community, you will forget you are in the middle of the hustle and bustle and instead feel like you are on vacation! Gulf Terrace offers a choice of three pools, tennis courts, and a serene lake where you can feed the fish or just relax and watch the turtles. A quiet little paradise in the middle of it all. This community is popular for long-term, as well as short-term rentals.

Ariel Dunes
26 Condos Sold
Selling Prices: $263,000 - $545,000

Located in Seascape Golf and Beach Resort in Miramar Beach, Ariel Dunes buildings provide breathtaking views of the Gulf of Mexico and Choctawhatchee Bay. Housing one, two, and three-bedroom units with large balconies, in addition to the expansive tropical styled pools with one being heated in the winter, fitness center, on-site arcade, and a pool-side casual dining restaurant, Cabana Café – these condos are a popular vacation destination making Ariel Dunes a great investment property. 

Sandpiper Cove
22 Condos Sold
Selling Prices: $128,000 - $775,000

Sandpiper Cove is a 43-acre resort located in the heart of Destin on Holiday Isle. The grounds are full of lush green grass, palm trees, and beautiful picturesque landscaping with features including 1,100 feet of private beachfront, boat slip rentals and launch available, 9-hole, par-3 golf course, five swimming pools, three hot tubs, 6 tennis courts, Louisiana Lagniappe, Rick’s Sand Trap Beach Bar & Grill, and more. With the option to buy Gulf-front, harbor/canal front, and fairway front – you can't go wrong here! 

Silver Shells 
21 Condos Sold
Selling Prices: $300,000 - $1,340,000

Silver Shells is an incredible Gulf-front community comprised of five high-rise buildings. Whether you’re looking for a Gulf-front penthouse with amazing views or two-bedroom condo overlooking Henderson Beach State Park, Silver Shells offers a variety of beautiful options. With incredible beachfront, multiple pools with waterfall features, beach bar, spa, fitness center, tennis courts, and Ruth’s Chris steakhouse – all onsite, you barely have reason to leave Silver Shells!  

Majestic Sun
15 Condos Sold
Selling Prices: $378,000 - $880,000

Majestic Sun is a spectacular Gulf-front condo known for the giant archway that connects two buildings just steps from the sugar-white beaches of the Emerald Coast. Located in Miramar Beach, Majestic Sun is part of popular Seascape Resort offering owners and guests spectacular amenities including a heated indoor/outdoor pool, two whirlpool hot tubs, fitness center, 18-hole championship golf course, tennis courts, nature trails, freshwater lakes, beachside bar and grill, 2,000 feet of beachfront, and the new Towne Centre full of restaurants, entertainment, and shopping. A great place to invest in paradise!

Seascape Condo Villas
15 Condos Sold
Selling Prices: $215,000 - $389,000

These charming two and three-story villas are located in the gated resort of Seascape Golf & Beach Resort. Boasting endless amenities including 2,000 feet of private beach frontage, multiple pools, basketball, bike rentals, tennis courts and pro-shop, golf course and driving range – Seascape has it all! The new Seascape Towne Center features retail therapy, live music, and family-friendly entertainment on the plaza. Dining experiences cover every whim and taste, from Acme Oyster House to Mezcal Mexican and Moo La-La Ice Cream. Beyond the resort, make your way west to Destin Harbor, or east to popular 30A. A villa by the beach sounds good to us!

Ciboney
12 Condos Sold
Selling Prices: $275,500 - $380,000

Ciboney is a quaint low-rise condominium community located in Miramar Beach directly across the street from the beach. Amenities include deeded beach access, tennis, heated pool with sundeck, and clubhouse. You're just steps away from the white sandy beaches and within walking distance to popular beachfront restaurant Pompano Joe’s, as well as shopping, groceries, fishing, golf, and night time entertainment.

One Water Place
11 Condos Sold
Selling Prices: $700,000 - $2,650,000

One Water Place is Destin's most exclusive condominium community. Resting on the Choctawhatchee Bay coastline the three buildings at One Water Place are just magnificent. Here you’ll find luxury finishings and incredible views in each unit. Boasting superior amenities including a 5,000 square foot fitness center and spa, indoor driving range, putting range, club room with catering kitchen, billiard's lounge, pet park, theater, and extraordinary pool area overlooking the bay. Located within the gated community of Kelly Plantation which is known as a world-class golf and waterfront community with over 900 acres of visually stunning grounds, miles of parks and trails, a Fred Couples 18-Hole championship golf course and clubhouse, acres of nature preserves, basketball, ball fields, volleyball courts, tennis courts, and several lakes. Kelly Plantation truly lives up to its name – "Masterpiece on the Bay."

Luau at Sandestin
11 Condos Sold
Selling Prices: $154,500 - $635,000

Located in Sandestin Golf & Beach Resort Luau offers beachside condos with amazing views. Comprised of two buildings, Luau combines elegance and simplicity with its Asian-inspired feel. Part of Sandestin's beachside accommodations where you're only steps from the epic stretch of coastline fronted by attractions including picturesque lakes, winding bike paths, a basketball court and miniature golf at the Dunes Putting Course. And when you’re ready to experience the shopping, dining and live entertainment of the Village of Baytowne Wharf, it’s all a quick tram ride, walk, bike ride or golf cart cruise away through our convenient underground tunnel. The unique and expansive grounds of Sandestin provide one of the best places to own an investment or second home property. 

Interested in finding an investment property? 

Looking to list your property?

Give us a call or email us – we're here to help!