August, 2019 – Summer is an exciting time along northwest Florida’s Emerald Coast as millions of people flock to the picturesque settings that only Destin, 30A and Panama City Beach can offer. Family-focused entertainment, world-class dining, and endless outdoor activities draw those longing for a unique lifestyle, whether it may be for a week or a lifetime.
Both the rental market and the unique lifestyles are what led The Spears Group to set a record 2019 gulf-front sale in Gulf Pines, an established gulf-front community in Miramar Beach. The sale of the recently-constructed modern-infused coastal retreat at 138 Beach Drive West, also broke a nearly decade-long record along the Destin corridor, closing at $6,575,000.
Connected to the company through strong relationships and network marketing, the multi-owner entity ultimately chose to trust the Scenic Sotheby’s International Realty team with the handling of the property, thanks to the company’s global reach and the group’s never-yielding marketing efforts.
The property was truly remarkable in every sense, affording 100 feet of private gulf frontage, an expansive 80-ft. sunning deck with infinity-edge swimming pool and more than $500,000 in consistent annual rental revenue.
Scenic Sotheby’s International Realty’s custom pre-market strategy was another major “selling point” for both the property equity owners as well as the subject estate’s timely escrow process. The private listing campaign used for this Gulf Pines vista-filled manor was carefully timed and rendered favorable results for the sellers.
Unique near-new construction properties are rare in Miramar Beach; however, prior Scenic Sotheby’s International Realty sales within the past 18 months proved to set the stage for this extraordinary transaction.
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