Sales are heating up along Highway 30A! Low interest rates and aggressive loan programs have contributed to the sales and declining inventory.
Gulf front properties are extremely hot. Currently, there are 41 Gulf front homes for sale at a median list price of $3,340,00 and a $1,301.48 median price per square foot. Year to date, 36 Gulf front homes have sold and nine have pended.
Gulf front condos are also quickly declining with only 51 condos currently for sale along Hwy. 30A, priced from $429,900 to $2,700,000, with a median $565.33 price per square foot. Ninety-two condos have sold this year and 14 are pending.
Twenty-one Gulf front lots have sold this year on Hwy. 30A at a median sales price of $1,900,000. There are four pending sales and only nine Gulf front lots for sale at median price of $2,795,000.
Bottom line is if you want your slice of paradise in South Walton, now is the time to act!
Down the road in Panama City Beach, just five minutes East of Rosemary Beach is Carillon Beach— the area’s best-kept secret! This well planned 104 acre, secluded development fronts the Gulf of Mexico and borders Lake Powell, the largest coastal dune lake in Florida. It boasts 3,900 feet of pristine beach and wonderful amenities including a Beach Club, three pools, tennis and a town center!
Now is your chance to purchase an outstanding five-bedroom beach home situated on a 42-foot x 260-foot Gulf front site with strong rental history for $2,200,000, that's $702.43 per square foot.
For outstanding values and information on more of the lowest priced Gulf front homes along the Emerald Coast, contact The Mary Stephens Team 850-974-2709 or visit www.marystephensteam.com.