What Money Buys in Rosemary Beach

    Intertwined into the East 30A landscape, Rosemary Beach has become one of the most renowned lifestyle-focused beach communities in the southeast, thanks to the Danish-infused architecture and encapsulating amenities found throughout the development. Sitting atop 107 acres of inspiring gulf-front land between Seacrest Beach and Inlet Beach, Rosemary Beach was created to marry the natural experience of outdoor living in northwest Florida with the stunning details and design of the region’s most talented architects.

    Due to the natural progression of expanded development in other planned communities along 30A such as Watersound Beach  and Alys Beach, the market has more options than ever before to intrigue discerning buyers. However, the charm, community and experiences available with ownership in Rosemary Beach has kept the area bustling from a market perspective.

    Curious just how far your money will go in Rosemary Beach? View the collection of properties below outlining some of the most intriguing homes and condos trading in a specific price range.

    Starting Point

    While the sky is sometimes the limit when considering the purchase prices of gulf-front properties, starting at the least expensive property sets a smart boundary.

    104 N. Barrett Square Unit 3F traded at $590,000 for the 1-bedroom, 2-bath, 646-sq.-ft. condo just north of 30A.  The condo features views of the Gulf of Mexico, a gently refreshed interior, and annual rental history around $50,000.

    In contrast, Unit 2E in the same building commanded $20,000 more at close, thanks to more dramatic refreshments such as light blue cabinetry and quartz countertops, proving buyers are willing to pay more for tasteful improvements.

     

    $1 Million

    Multiple condos may have closed under the
    $1 million mark in Rosemary Beach this spring and summer; however, for those looking for detached single-family properties, extending your budget to more than the seven-figure mark is what you will need to start. The property at 24 Scout Lane traded ownership for $1.14 million, marking the least expensive single-family property in Rosemary Beach to be sold in Q2 and Q3, procuring just over $730 per square foot, and 93% of the $1.225 million asking price. Gentle enhancements of the property such as repainting in a soft palette could be attributed to assisting in a 28-day sale, when compared to the 154-day average for Q2.

    $2 Million

    Technically a “townhome,” 25 Johnstown saw more than 290 days on market before closing in Q2 of 2019. Boasting a total of 4,484 combined square feet, including a 4-bedroom, 5.5-bath main home and a 1-bedroom, 1-bath carriage house, this high-north sitting corner property proved a more difficult sale. The German-smear brick exterior does not fit the Rosemary aesthetic as closely as some other on-market properties.

    However, in the end, the buyer was able to procure this large property near the Rosemary Beach Owners Club for less than $470 per square foot. For $2.1 million, the new owners will enjoy the professional chef’s kitchen, refreshed backsplashes, and a delightfully unique layout, all commanding an 87% return on the original list price.

    $3 Million

    Located less than seven lots to the beach, 46 N. Spanish Town epitomizes classic Rosemary Beach style while being located in the heart of the most iconic homes in the community.

    Commanding nearly $890 per square foot, this 2,816-sq.-ft. property did spend 612 days on market before being paired with the perfect buyer and closing at 93% of the list price, the quarterly average for Rosemary Beach.

    While the property did stay on market longer than normal, mid-listing renovations such as fresh stucco exterior, newly-painted grey and white interior walls, and a manicured courtyard assisted in creating a compelling option for Rosemary Beach buyers.


    $4 Million+

    The most expensive on-market sale in Rosemary Beach during Q2 and Q3 of 2019 goes to the property at 171 Round Road. Located only five parcels from the Gulf of Mexico, this sizable 4,100-sq.-ft. two-building compound embodies everything that’s made Rosemary Beach famous: Creative architecture, quality construction, and irreplaceable views of the gulfside community. Commanding nearly $1,030 per square foot after 61 days on market, the 7-bedroom main home features trademark Matt Fuller style, thanks to his drastic renovation work, as well as a convenient loft-style carriage house and secluded courtyard. Freshly-installed reclaimed beams, a full interior renovation and tasteful décor assisted in achieving a 94% list to sale price, with the property trading at $4.22 million.

    *Data based on properties sold in Q2 and Q3, 2019

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