SANTA ROSA BEACH, Fla., July 30, 2021 /PRNewswire-PRWeb/ -- Engel & Völkers Florida today announced the record-breaking sale of 10 Sea Foam Alley in Alys Beach, Florida. Engel & Völkers 30A Beaches represented both sides of the transaction; advisor Karen Holder held the listing and advisor Nikita Korkh brought the buyer. At $8,500,000, the sale marks the highest price per square foot for a single-family home not on the Gulf of Mexico in the area.
"I'm beyond thrilled for my clients on the sale of this home," said Holder. "I first represented them in 2011 when they originally purchased the lot to build the home and I recently worked with them to buy another lot where they will build their next home which is an exciting new journey for them. It's also personally fulfilling for Nikita to have brought the buyer in this transaction, as I've been mentoring him over the past year."
At $2,291.11 per square foot, this notable transaction represents the highest price per square foot for a single-family residence not directly on the Gulf of Mexico. The listing was on the market for merely 27 days before a pending offer was submitted. According to Zillow, this home is valued 652-percent higher than the typical home in the same zip code. Home values in Alys Beach have gone up nearly 23-percent over the past twelve months and predictions indicate prices will continue to increase an additional 13-percent within the next year.
"We are thrilled Karen and Nikita were able to match the buyer and seller on this monumental sale for Alys Beach," said Beau Blankenship, License Partner of Engel & Völkers 30A Beaches. "Karen has played a pivotal role in the growth of our shop over the last year. She is a leading advisor in our market. Her loyalty from repeat clients shows how much they value and trust her knowledge of the market."
The 3,710 square-foot home features four bedrooms and six bathrooms. The flowing floor plan begins with an extravagant courtyard pool area, transporting all who enter to a coastal oasis. With outdoor terraces on the second and third floors, as well as a rooftop terrace with full seating and firepit, this home offers endless views of the Gulf of Mexico and plenty of space to entertain friends and family. Other amenities include Venetian plaster, hardwood floors, Lutron lighting system, an elevator, three fireplaces and a summer kitchen.
"With the close of this sale, Nikita has conducted over $17 million in transactions so far in 2021," said Blankenship. "He was an up and coming agent at the beginning of the year and has proven his value much faster than most. The market along 30A is aggressive and Nikita skillfully navigates and informs his clients ultimately leading to successful outcomes. It has been so fun watching him grow with our brand; his future is extremely bright here with Engel & Völkers."
Alys Beach is a coastal conclave with a number of amenities ranging from immersive outdoor experiences to luxurious shopping and dining options. A small community perfect for vacation homes, Alys Beach captures the quintessential Florida lifestyle.
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Press contact:
Linzee Werkmeister, Junior Vice President, Marketing & Franchise Support
Email: Linzee.Werkmeister(at)evrealestate.com
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 personalized client experience at every stage of the home buying or selling process for today's savvy homeowner. Engel & Völkers currently operates approximately 240 shop locations with 5,000 real estate advisors in the Americas, contributing to the brand's global network of over 14,000 real estate professionals in more than 30 countries, offering both private and institutional clients a professionally tailored range of luxury services, including real estate and yachting. 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.evrealestate.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, Amelia Island, Belleair, Boca Raton, Bonita Springs-Estero, Cape Coral, Clermont, Delray Beach, Destin, Fort Lauderdale, Fort Myers Downtown, Gainesville, Hollywood Beach, Islamorada, Jacksonville, Jacksonville Beach, Jupiter, Madeira Beach, Marco Island, Melbourne Beachside, Melbourne Central, Melbourne Downtown, Miami Coconut Grove, Neptune Beach, Olde Naples, Orlando, Orlando Downtown, Orlando-Winter Park, Palm Beach, Palm Coast, Ponte Vedra Beach, Sarasota, South Tampa, St. Augustine, St. Pete, St. Pete Beach, Stuart, Tampa Water Street Venice Downtown, 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 https://florida.evrealestate.com/
Media Contact
Linzee Werkmeister, Engel & Völkers Florida, 239.348.9000, [email protected]
SOURCE Engel & Völkers Florida
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