Now that most of our land has been developed, investors are looking to the few lots left or older homes to renovate or tear down and replace with larger, more modern styles. We anticipate this trend continuing with more properties in the $15 million and up segment over the next few years.
SEAGROVE BEACH, Fla. (PRWEB) June 10, 2019
Engel & Völkers today announced real estate advisors Mike Matz and Brian Beasley of Engel & Völkers 30a Beaches have entered into a co-listing agreement with Rachel Lefebure and Tom Hidell of Davis Properties of Northwest Florida, Inc. to represent 200 Eastern Lake Rd., Seagrove Beach. At $15.75 million, the record-breaking listing price supersedes that of the previous record holder by $1.25 million.
Designed by architect Chris Stoyles, this private, ultra-luxurious gulf front estate sets a new standard in luxury properties. In addition to a guest compound, the three-story home features a glass elevator, state-of-the-art kitchen, wine cellar, infinity pool, outdoor kitchen and all the amenities the discretionary buyer would expect.
“With some of the most beautiful beaches in the world, the Florida Panhandle continues to attract high net worth individuals,” said Beasley. “Like many markets around the country, ours experienced a new construction boom over the last few years. Now that most of our land has been developed, investors are looking to the few lots left or older homes to renovate or tear down and replace with larger, more modern styles. We anticipate this trend continuing with more properties in the $15 million and up segment over the next few years.”
Until recently, 24 S. Briland Lane, Rosemary Beach held the record for the highest price residential listing in the Florida Panhandle at $14.5 million. The property sold for $12.5 million.
“We chose to work with Mike and Brian for two main reasons,” said Lefebure. “Their experience in the high-end segment of the market and the undeniable strength of Engel & Völkers’ international network and marketing.”
Located along a 26-mile stretch of Northwest Florida’s famed Emerald Coast, Seagrove Beach is just one of 16 distinct beach neighborhoods in South Walton County. Seagrove Beach is recognized locally as an independent neighborhood, however its official mailing address is Santa Rosa Beach. Home values have gone up 11.0-percent over the past year in the area and are predicted to rise 4.1- percent within the next year.
Linzee Werkmeister, Director, Public Relations & Franchise Support
Tel: (239) 348-9000
About Engel & Völkers:
Engel & Völkers is a global luxury real estate brand. Founded in Hamburg, Germany in 1977, Engel & Völkers draws on its rich European history to deliver a fresh approach to luxury real estate in the Americas with a focus on creating a bespoke, white-glove concierge client experience at every stage of the home buying or selling process for today’s savvy homeowner. Engel & Völkers currently operates approximately 150 shop locations with over 3,000 real estate advisors in the Americas, contributing to the brand’s global network of over 11,000 real estate professionals in more than 30 countries, offering both private and institutional clients a professionally tailored range of luxury services, including real estate, yachting and aviation. Committed to exceptional service, Engel & Völkers supports its advisors with an array of premium quality business services; marketing programs and platforms; as well as access to its global network of real estate professionals, property listings and market data. Each brokerage is independently owned and operated. For more information, visit http://www.evusa.com.
About Engel & Völkers Florida:
Engel & Völkers Florida is the Master License Partner of the global luxury real estate brand Engel & Völkers in the state of Florida. Recognized for uniquely recruiting, training and equipping some of the top professionals in the real estate industry, Engel & Völkers Florida’s exclusive franchise model positions its license partners at the top of the premium market to gain market share and support their bottom line. The company represents franchise locations in: 30A Beaches, Belleair, Boca Raton, Bonita Springs-Estero, Cape Coral, Clermont, Delray Beach, Destin, Fort Lauderdale, Fort Myers Downtown, Jacksonville, Jacksonville Beach, Jupiter, Madeira Beach, Marco Island, Melbourne, Melbourne Central, Miami-Coral Gables, Olde Naples, Orlando-Winter Park, Palm Beach, South Tampa, St. Pete, Stuart, Wellington, and Windermere.
Engel & Völkers Florida is continuing to strategically strengthen and expand its presence in premium real estate markets across the state of Florida. If you would like to know more about the Engel & Völkers brand or how to join its global network, which is known for demonstrating competence, exclusivity and passion, feel free to call our corporate office, located at 633 Tamiami Trl N, Suite 201, Naples, FL 34102 USA. Tel: +1 239-348-9000.
For more information about Engel & Völkers Florida, please visit http://www.evfranchise.com