As the Emerald Coast continues to relish in the exacerbated demand for coastal second homes, the “New Urbanism” communities along 30A remain pinnacles of both a sound investment and unparalleled lifestyle buys. For consumers who have dreamed of owning along the sugar-white sand beaches of northwest Florida, these communities hold years, and in some cases decades, of memories, while new buyers feel a fresh sense of confidence buying in these well branded, and strongly protected, coastal sanctuaries.
While we have seen communities such as WaterColor “reset” their entry point for buying in the nearly 900 properties on the central west end of 30A with a now “standard” price-per-square-foot cresting above the $1,000 mark, the east end which houses Rosemary Beach, WaterSound Beach and Alys Beach continues to see some of the largest, as well as most diverse, sales within a specific community.
Looking at Alys Beach specifically, focusing on the single-family offerings that closed between April 1 and June 30, 2021, we can see the diverse offerings this community can provide, and see exactly what consumers are clamoring to experience life within. With a baseline price-per-square-foot for a turn key home just over $1,100 for one of the more compact designs, adjoined to a $3.824M price tag at closing, we did also see properties that went under contract in 2020 close in quarter 2 of this year for values that had been set in the year prior.
Although the largest price tag in the community was set in Quarter 1, with the sale of the gulf-front home at 23 Sea Foam Alley, we saw another record get shattered only weeks later, this time on the most northern edge of the community thanks to the successful transaction at 366 N. Somerset. Closing at $7.22M, this fully furnished new construction offering provided a turn-key product with unique privacy offerings for the community, such as an eight-car motor court with carriage house, yielding a price-per-square-foot of $1,425.
Not to be outdone, the south side of the community reigned supreme when it came to the largest price-per-square foot trade, with 32 Shinbone Court seeing $1,449.90 per square at the closing table.
With average statistics such as only 22 days on market and a 102% original list-to-sales price for homes closed during quarter 2 of 2021, there is no denying that Alys Beach continues to be a heavy draw for both the investment-minded and beach-dreaming buyers. Much of this could be attributed to the freshly minted Beach Club, offering an absolutely lavish gulf-front experience limited only to property owners and their personal guests. When compared to other gulf-front amenity centers along 30A that offer either paid membership models or allow rental guests to enjoy the plush offerings, Alys Beach’s club epitomizes coastal exclusivity for those with cabana lifestyles in their crosshairs.
When looking ahead at what properties will have new Alys Beach owners in the coming months, it’s safe to say that Alys Beach will continue to push the envelope, not only in design and architecture but in price point and luxury offerings for its newest and future residents.