V O L . 4 . FA L L 2 0 1 7
SETTING
AT HOME ON
Deer Lake Beach Drive WITH THE BOWDENS
the Stage FINALLY A LOCAL.
Now What? BUILD WITH
Concrete vs. Wood
30A MARKET REVIEW
NOTHING QUITE COMPARES TO...
Toes in the White Sands
IN THIS ISSUE
50
30A'S HIDDEN TREASURE: AT HOME WITH THE BOWDENS ON DEER LAKE BEACH DRIVE
12
CONCRETE VS. WOOD
22
SETTING THE STAGE
18
UNDERSTANDING BRAIN FOG
04. 1ST HALF 2017 MARKET UPDATE by ERIN ODEN 08. YOU'RE FINALLY A LOCAL. NOW WHAT? by SALLIE PARIS 12. BUILDING WITH CONCRETE BLOCK VS. WOOD-FRAMED CONSTRUCTION by CHRIS BURCH
08
18. UNDERSTANDING BRAIN FOG by DR. BART PRECOURT 20. MEET THE COASTAL LUXURY TEAM
YOU'RE FINALLY A LOCAL. NOW WHAT?
22. SETTING THE STAGE by PAULETTE DEGRAW 26. 30A HOME PRICE TRENDS, A TWELVE-YEAR REVIEW by ERIN ODEN 50. 30A'S HIDDEN TREASURE: AT HOME WITH THE BOWDENS by ERIN ODEN
CoastalLuxury.com | 1
Upcoming Events at the Beach With many great events that take place in our coastal communities, there's so much to do! Here's a sampling of events coming soon.
Sandestin Triathlon
Fall Bocce Tournament
SEPTEMBER 23, 2017 SANDESTIN
OCTOBER 8, 2017, 9AM - 2PM EAST LONG GREEN PARK, ROSEMARY BEACH
Destin Commons Charity Cornhole Tournament
Where the Wild Things Run 5K & 1 Mile Fun Run
OCTOBER 1, 2017, 12:30PM - 6PM DESTIN COMMONS
Destin Seafood Festival OCTOBER 6 - 8, 2017, 4PM - 10PM DESTIN HARBOR
The Market Shops Bloody Mary Festival
OCTOBER 14, 2017, 8AM - 12PM E.O. WILSON BIOPHILIA CENTER, FREEPORT
Rosemary Beach Uncorked OCTOBER 14, 2017, 1PM - 4PM ROSEMARY BEACH
Blue Marlin Charity Golf Tournament OCTOBER 20, 2017, 11AM - 5PM REGATTA BAY GOLF & YACHT CLUB
OCTOBER 7, 2017, 11AM - 2PM THE MARKET SHOPS, MIRAMAR BEACH
Best of the Emerald Coast
Eggs on the Beach
OCTOBER 21, 2017, 6PM - 9PM GRAND BOULEVARD AT SANDESTIN
SEPTEMBER 30, 2017, 10AM - 1:30PM SEASCAPE RESORT, MIRAMAR BEACH
Noche de los Muertos OCTOBER 27, 2017, 8PM - 11PM CALIZA POOL, ALYS BEACH
V O L . 4 . FA L L 2 0 1 7
COASTAL LUXURY MAGAZINE FOR LUXURY LIVING ALONG NORTHWEST FLORIDA’S GULF COAST
Coastal Luxury Magazine is a complimentary quarterly publication of Coastal Luxury. For advertising inquiries, contact Coastal Luxury t. 850.213.3478 Info@CoastalLuxury.com 9961 E. Co, Hwy 30A, Suite 1, Seacrest, FL 32461 Or visit us at CoastalLuxury.com
2 | FALL 2017
EDITOR Erin Oden GRAPHIC DESIGNER Keri Atchley CONTRIBUTING WRITERS Chris Burch Paulette DeGraw Erin Oden Sallie Paris Dr. Bart Precourt
PHOTOGRAPHY Tyler Amundsen Marla Carter Shane Carter Tommy Crow Carson Gaffrey-Kruse Chas Galloway Carla Gates Brittany Godbee Brenna Kneiss Tim Kramer Kurt Lischka Derek Makekau Troy Ward Chandler Williams Nick Zimmerman Sheila Goode
Copyright ©2017 Coastal Luxury. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior consent of both the copyright owners and the publisher of this magazine.
Mattie Kelly Arts Foundation Festival of the Arts OCTOBER 28 - 29, 2017 MKAF CULTURAL ARTS VILLAGE, DESTIN
Harvest Wine & Food Festival NOVEMBER 2 - 5, 2017, ALL DAY WATERCOLOR RESORT
Seaside Prize Weekend FEBUARY 22 - 25, 2018 SEASIDE
Cocktails and Classics Movie Series SATURDAY NIGHTS 7PM HAVANA BEACH ROOFTOP LOUNGE
Mountainfilm on Tour NOVEMBER 3 - 4, 2017, 6PM WATERCOLOR MARINA PARK
Seeing Red Wine Festival NOVEMBER 9 - 12, 2017
Local Farmers Markets Seaside Farmers Market
SEASIDE
EVERY SATURDAY 8AM - 12PM SEASIDE
Seaside Strings - Chamber Music Festival
Grand Boulevard Farmers Market
NOVEMBER 10 - 13, 2017 SEASIDE
EVERY SATURDAY 9AM - 1PM GRAND BOULEVARD AT SANDESTIN
Flutterby Festival
Rosemary Beach Farmers Market
NOVEMBER 12, 2017, 10AM - 4PM ROSEMARY BEACH
EVERY SUNDAY 9AM - 1PM ROSEMARY BEACH
MKAF Wine Walkabout
30Avenue Farmers Market
NOVEMBER 15, 2017, 5:30PM - 7:30PM
EVERY THURSDAY 9AM - 2PM 30AVENUE, INLET BEACH
RUTH'S CHRIS STEAKHOUSE, DESTIN
CoastalLuxury.com | 3
970
936
9.0 CURRENT AVAILABILIT 7.9 Statistics for detached residences, attached units, and condos on
4%-
970970 970 936936936
11%-
9.0 9.0 9.0
7.9 7.9 7.9
1st Half 20174%-- 4%30A Home Sales 11%- 11%& Average SalesPrice Prices ofR 30A Home Trends 30AA Review COR I DOR 4%-
FIRST HALF 2016
FIRST HALF 2017
11%-
FIRST HALF 2016
FIRST HALF 2017
PROPERTIES ON MARKET MONTHS OF INVENTORY* Transactions overall 30A home market. 3 0 A C O R R I D O R Volume 30A CORRIDOR
SCENIC 30A CORRIDOR HOMES: SALES & Statistics for detached residences, attached units, and condos o FOR FIRST HALF 2017 $749,776,979 Statistics detached % offorList Priceresidences, attached units, and condos only; EXCLUDES vacant land.
CLOSED TRANSACTIONS & CLOSED SALES VOLUMES $592,194,480 2004 LABILITY & SUPPLY $760,129 d units, and condos only; EXCLUDES vacant land. Transactions Volume % of List Price
2005 2006
9 9
2007 2008
%%- 2009
2010 HALF 17 2011
$923,551 21%
27%+ $962,880 Transactions Transactions 751 4% $749,776,979 * What does this mean? Volume Volume 665 95% 95% $1,040,371 8% This the year-end number of properties of Listrepresents Price % of % List Price $592,194,480 available for sale divided by the monthly average 15%+ $749,776,979 $749,776,979 $824,721 of the last 12 months' sales, reflecting how 21% $592,194,480 $592,194,480 many months it would take to27% sell out of the 27%+ $605,978 751 current inventory at the current rate of sales if no 665 $598,431 95% 1% additional homes entered the market. 95% 15%+ 5% 27%+ $625,552 27%+
$904,1
751 751 2016 201795% 2012 $636,382 1ST 1ST HALF 2016 HALF 2017 2%95% 95% 95% SALES & AVERAGE SALES PRICES
NTORY*
665665
$728,487 14% 15%+15%+ IT IS 9% AVERAGE SALES There was certainly noPRICES softening$796,763 of the 30A corridor home and condo
2013 ed units, and condos only; EXCLUDES vacant land. 2014
EXCEPTIONAL sales for the first half of 2017 as volume hit $750 up 27% $871,099 9%million, Average Sales Price TO NOTE THAT versus prior year. Sales were strong in both Q1 and Q2. Noteworthy Price per Square Foot $932,223 THE 7% AVERAGE statistics propelling this first half volume increase: 2016 Average Days on Market • Number of transactions up 15% HOME SALES $0 $275,000 $550,000 $825,000 $1,100,000 $998,371 • Average sales price up 10% $904,114 PRICE FOR Statistics according to data gathered from•FLEX MLS for combined residential homes, attached units and condos). Dollar per square footproperties up 9%(detached for sold properties Deemed reliable but not guaranteed. Prepared compliments Erin Oden, THE FULL 30A Average of Sales PriceCoastal Luxury. Price per Square Foot CORRIDOR HAS The average sales price was over $1 million inMarket Q2, a statistic we have 177 Average Days on $425 REACHED JUST not seen since June 30 inventories 11% below that of a 161 2007. With $998,371 $388 year ago, one may anticipate continued rising prices. UNDER 10%+ $904,114 9%+ 10%+ $1 MILLION, We at Coastal Luxury seeAverage the enthusiasm for our market continuing UP 10% Average SalesSales Price Price through 2017. Price per Square Foot Price per Square Foot 177 1ST HALF 1ST HALF 2017 20162016 2017$425 Average Days on Market Average Days on Market 161 $388 4 | FALL 2017 10%+ $998,371 $998,371 9%+ 10%+ $904,114 2015
LETTER FROM THE EDITOR
The 30A Home Market Continues Its Strength HOME PRICES ALONG SCENIC HIGHWAY 30A’S COASTAL CORRIDOR HAVE CONTINUED TO CLIMB INTO 2017.
There was certainly no softening of the 30A corridor home and condo sales momentum for the first half of 2017. Total closed volume hit $750 million—up 27% over the prior year. Sales were strong in both of the first two quarters. Below are noteworthy statistics that propelled this first half volume increase:
• Number of transactions - up 15%
• Average sales price - up 10%
• Dollar per square foot - up 9% (8% and 13% in Q1 and Q2, respectively) for sold properties
Erin Oden is the principal broker and owner of Coastal Luxury, a real estate firm that maintains a strong emphasis on intimate market knowledge and expertise in the luxury and Gulf-front market. Erin can be reached at 850.502.1220 or erin@coastalluxury.com. Or, stop by Coastal Luxury, located directly on 30A, the first office east of Alys Beach. Search all available properties at coastalluxury.com/SEARCH.
The average sales price was over $1 million in Q2 (a statistic we have not seen since 2007). With June 30 inventories 4% below those of a year ago, one may anticipate prices to continue to rise. Turn the page for further insight into the positive market trends within each of 30A's main planned communities. Also enjoy the local topics of this fall issue for a look at upcoming events, interior design and construction trends along our coast, health tips, and a glimpse into some of our area’s finest beach houses. Be inspired to spend more time here at the beach in the coming seasons! From the Beach,
~Erin
AT COASTAL LUXURY, WE CONFIDENTLY EXPECT THE ENTHUSIASM FOR OUR MARKET TO CONTINUE AS TRENDS INDICATE THROUGH THE COMING SEASONS.
CoastalLuxury.com | 5
13%4%17%-at CoastalLuxury.com/RosemaryBch Access and Search Rosemary Bch Properties
1st Half 2017 - 30A Home Sales & Average Sales Prices Transactions Transactions Volume Volume % of List Price % of List Price
ROSEMARY HOMES: SALES & AVERAGE SALES PRICES
RO S E M A RY H O M E S
Statistics for detached residences, attached units, and condos only; EXCLUDES vacant land.
CLOSED TRANSACTIONS & CLOSED SALES VOLUMES $78,347,000 $78,347,000 $68,186,500 $68,186,500
AVERAGE SALES PRICES
Transactions Volume % of List Price
92%32 32 92% $78,347,000
32 32
92%92%
Average Sales Price Price per Square Foot Average Days on Market
$2,448,344
$68,186,500 This exclusive residence currently offered for sale: 13%- 13%$2,130,828 114 S Watch Tower Lane. coastalluxury.com/listings/114-s-watch-tower-lane/ $786 $778 293 92%
32
92%
32
13%-
218
1%-
26%-
13%-
writing, 47 homes and condos were on the market Although 1ST WaterSound Beach’s number of As of this HALF 1ST HALF 1ST HALF 2016 1ST HALF 2016 2016 20172017 2016 2017 2017 sales was flat for the first half of 2017, dollar at an average list price of $2.3 million. Prices ranged from Stay on Top of Rosemary Bch Sales Activity! volume was up 19% driven by a healthy an $849 thousand condo to a $6.5 million beach-front home. ROSEMARY WATERSOUND BEACH ALL Rosemary newAs listings AND sales transactions LIVE as they hit the market! increaseView in the average salesBch price. we have Although Beach’s number of represent sales was aconsistent for the first The number of sales in Rosemary for the first half of It has WaterSound been my pleasure to personally And for receive comprehensive market updates inanyour inbox. Drop the enclosed response card innumber the mail noted a while, there has been a trend of half of 2017, a healthy increase in the average sales price drove dollar volume 2017 was 32, which was consistent with the prior year’s Average Sales Price of exceptional record-breaking Gulf-front transactions in Average Saleswe Price and will keep you informed on YOUR market! up 19%. As we have noted for a while, trends show a continually increasing Price per Square Foot first half. Overall dollar sales volume and average Price price per Square Foot increasing average sale in WaterSound this sale lovely community. WaterSound certainlythe defines Average Days on Market average Average Days on Market price in WaterSound Beach.Beach Specifically, average price per price registered declines, however, those numbers 55 We anticipate this Beach. Specifically, one can Average observe that thesquare CoastalLuxury.com/RosemaryBch the coastal elements and lifestyle of 30A. Sales Price foot was $388 in 2009, compared to $690 in Q2 2017. must be compared to an exceptional firstPrice halfper 2016, Square Foot price per foot was $388 inAtproperties 42condos). Deemed Statistics according to square data gathered from FLEX MLS for$5 combined residential (detached homes, attached and but not guaranteed. market to remain through 2017. Average Days on Market duringaverage which there were 5 transactions exceeding 14.0 $2,448,344 the completion ofvibrant myunits research for thisreliable publication, I determined that 2,448,344 million versuscompared only 1 of that this in year. we 2009 to size $690 Q2When 2017. ~ Erin Oden 10.7 47 homes and condos were on the market at an average list price of $2.3 31%+ 31%+ $2,130,828 exclude those outliers, we$2,130,828 see overall prices continued $2,448,344 million. Prices ranged from an $849 thousand condo to a $6.5 million $786293 293 $778 $786 $778 to tick up, which profited Rosemary sellers.
beachfront home. Erin Oden is the$2,130,828 principal broker andAVAILABILITY owner of Coastal Luxury. CURRENT & SUPPLY 218 218 $786 $778 293
Currently, Erin construction of new condos, along with attached units, maintains a strong emphasis on intimate knowledge and WaterSound certainly defines the coastal elements and lifestyle of 30A, 13%Statistics detached residences,market and condos only; EXCLUDES vacant land. 13%1%- for1%26%218 Staying 26%commerciala space, appears to be nearing completion high level of investment in focused niche marketing. closely and I take great pride in personally facilitating multiple transactions each 13%1%26%on the south side to of the town center andclients is well underwith attuned trends to keep aligned the market peak year inforthis lovely community. way on theopportunity, north side ofastown Even though well center. as strategically marketing clients’ properties *What does this mean? the community justexpectation over 20 years old, we are seeing aboveisthe and the competition has proven successful and This represents the year-end 55 55 some complete teardowns and rebuilds, along with team representation to Transactions number of properties available rewarding. Coastal Luxury provides a strong Volume 30A GULF-FRONT 42 a number of major renovations. These changes and % of List Price for sale divided by the monthly deliver glove service. 42white 14.0 14.0 last 12 months' heavy investments attest to the value buyers attach to Contrary to 2016, where theaverage numberofofthe Gulf-front sales was soft compared sales, reflecting$56,568,800 how many months 10.7 10.7 the Rosemary community.consistently to the preceding years, the first half of 2017 wasout very ranked as a top producer in the top 1% $47,553,825 31%+ 31%+ it would take to sell of lively. the Specifically, 76 31%+ 31%+ home and condo sales were current reported. That total is current up 43% versus the same of agents, and this known for selling many of64 our area's record highest inventory at the At the time I penned article, there were FIRST HALF FIRST HALF FIRST HALF FIRST HALF of sales if no additional prior year this period. This, alongrate with an increase in the average sales price, 2016 2017 2016 2017 sales, Erin haswith closed million in residential area sales properties on the market an +$50 average list price of homesvolume enteredof thesales. market. propelled a 54% increase in dollar PROPERTIES ON MARKET MONTHS OF INVENTORY* past year, continuing to represent the successful sales of our coast's 55 thousand $2.8 million. Prices ranged from a $699K 94% 96% 25 25 finest residences. condo to an $11.9 million42 beachfront home. I have As I write this, there are 120 listings for 30A Gulf-Front properties ranging 14.0 19%+ had the pleasure to negotiate several from condos below $500 thousand to 28 luxuries offered at over $5 IF YOU A REexceptional LOOKIN G TO 10.7 transactions in this lovely community. million. 31%+ 31%+ We anticipate the market to continue its vibrancy through 2017.
Having
S Access U C CES FULLY S ELL YOU L U X UatRY andSSearch WaterSound Beach R Properties CoastalLuxury.com/WaterSoundBeach P RO P E RTY THIS S EA S ON, W E WOU L D L OV E T H E P LEA S URE OF HEA RING F RO M YOU ! Transactions Transactions Volume WATERSOUND Volume of Price List Price % of% List
BEACH HOMES: SALES & AVERAGE SALES PRICES Erin WAT E R S O U N D B E A C H HCall OM E SOden Directly
Statistics for detached residences, attached units, and condos only; EXCLUDES vacant land.
$56,568,800 $56,568,800 CLOSED TRANSACTIONS & CLOSED SALES VOLUMES $47,553,825 $47,553,825 Transactions Volume % of List Price
25 25
CoastalLuxury.com
96%25 25 96% $47,553,825
$56,568,800 94%
94%
96%
94%
25
$2,262,752
325 $643
19%+ 1ST HALF 2016 2016
Average Sales Price CONSIDERING SELLING? Price per Square Foot Average on Market OR LOOKING TODays BUY?
$1,902,153
19%+19%+
25
at 850.502.1220 Erin@CoastalLuxury.com
AVERAGE SALES PRICES
1ST HALF 2017 2017
78
$682 19%+
1ST HALF 20162016
6%+ 1ST HALF 2017 2017
Stay on Top of WaterSound Beach Sales Activity!
Statistics according to data gathered from FLEX MLS for compbined residential properties (detached residences, attached units, and condos only; EXCLUDES vacant land). Information deemed reliable but not guaranteed. Prepared compliments of Erin Oden, Coastal Luxury.
6 | FALLView 2017ALL WaterSound Beach new listings AND sales transactions LIVE as they hit the market! And receive comprehensive market updates in your inbox. Drop the enclosed response card in the mail
through 2017. 8%+ in the average sales price propelled a 54% increase Access and Search WaterColor Properties at CoastalLuxury.com/WaterColor Oden 1ST HALF- Erin 2017 MARKET UPDATE in dollar volume of sales.
Transactions Transactions Volume Volume ofPrice List Price % of% List
WAT E RC O L O R H O M E S
Statistics for detached residences, attached units, and condos only; EXCLUDES vacant land.
$109,626,900 $109,626,900 CLOSED TRANSACTIONS & CLOSED SALES VOLUMES
4%+
CURRENT AVAILABILITY & SUPPLY
Transactions Volume % of List Price
95% 64 95% $91,128,000
9.9 15%-
AVERAGE SALES PRICES
$91,128,000 $91,128,000
64 64
11.6
120
115
WATERCOLOR HOMES: SALES & AVERAGE SALES PRICES
Average Sales Price Price per Square Foot Average Days on Market
Statistics for detached residences, attached units, and condos only; EXCLUDES vacant land. 20%+ 20%+ $109,626,900 $1,712,920 64 95% 95% *What does $1,423,875
this mean? This exclusive residence currently offered for sale: This represents the year-end Transactions number of properties available 11 Town Hall Road. coastalluxury.com/listings/11-town-hall-road-2/ Volume 20%+11.611.6 $542 220 120 120 % of List Price for sale divided by the monthly $476 180 average of the last 12 months' 115 115 9.9 64 9.9 64 95% 95%
sales, reflecting$164,168,950 how many months 20%+
14%+
22%+
take to sellon outthe of market the 4%+4%+ 15%-15%At this writing a range itofwould properties were 2016 was a banner year for 30A high-end $106,408,500
current inventory at the current 1ST HALF 1ST HALF 1ST HALF 1ST HALF 2017 2016 2016 2017 2017 20162016 2017 FIRST HALF FIRST HALF FIRST HALF HALF as follows: luxury $3 million So, weFIRST rate of sales if no additional 2016 2017+ property sales.2016 2017 76 the • 66 offered at $3homes to $5 million entered market. StaytoonMONTHS Topthe of WaterColor Sales Activity! 54%+ PROPERTIES ON MARKET OF INVENTORY* were somewhat surprised see very 53 For the last 5 years, the number of annual home and condo • Average sale price at million $1.7 million, up 20% 93% 92% • 36 offered at $5 to $10 11.6 of 120transactions robust first half100. 2017, where the number 115 sales have exceeded With 64 already in View ALL WaterColor new listings AND sales9.9 transactions LIVE as they hit thefoot market! • 4•offered atprice over $10 million Average per square at $540, up 14% 43%+
WATERCOLOR
sales doubled firstis the booksmore for the than first half of 2017, itprior appearsyear’s Watercolor And receive comprehensive market updates in your inbox. Drop enclosed this response in the mail By the timethe I completed article, card 80 homes—ranging 4%+ 15%well on track toaverage again exceed theprice 100-unit mark. Contrary half. The sales continues to be It has been my pleasure to personally represent a number Access and Search 30A Gulf-front Properties at CoastalLuxury.coms/30AGulf-Front Average Sales Price Average Sales Price from $658 thousand luxury and we will keephalf you2017 informed onaYOUR market! condo to a $5.8 million toaround rather modest pricePrice increases in 2016, first Price per Square Foot dollar per Square Foot $5 million, with the average of exceptional luxury high-end transactions on 33.9 our 111 home—were on the market. Average on Market on Market statistics revealed pricesAverage were onDays theDays rise: 99
unique 30A corridor. per square foot at over $1 thousand. Transactions Average Sales Price Transactions CoastalLuxury.com/WaterColor Price per Square Foot Volume Volume Erin Oden 30A GULF-FRONT HOMES: SALES & AVERAGE SALES -PRICES $1,712,920 $1,712,920 Average Days on Market according to data gathered from FLEX MLS for combined residential properties (detached homes, attached units and condos). Deemed reliable but not guaranteed. of Price ListStatistics Price % of% List Statistics for detached residences, attached units, and condos only; EXCLUDES vacant land.
3 0 A G U L F - F RO N T H O M E S
$1,423,875 ,423,875
$1,712,920 $164,168,950 $164,168,950
$542 220220AVAILABILITY $542 Transactionsis the principal CURRENT $106,408,500 $106,408,500 $476 $476 broker and owner of Coastal Luxury. 180 180Volume $542
39%-
AVERAGE SALES PRICES
$1,423,875CLOSED TRANSACTIONS & CLOSED SALES VOLUMES
Erin Oden
12%+
20.8
& SUPPLY
Average Sales Price
Price per Square Foot 220 attached % of List Price Statistics for detached residences, units, and and condos only; EXCLUDES vacant land. Erin$476 maintains a strong emphasis on intimate market knowledge Average Days on Market 180 76 76 14%+ a high level of20%+ investment in focused niche marketing. Staying closely $164,168,950 20%+ 14%+ 22%+ 22%+ 54%+ 54%+ $2,160,118
20%+ 22%+ 53 53attuned to the93% trends to keep clients 14%+ aligned with the market for peak 92% 93% 92% $2,007,708 *What does this mean? $106,408,500 opportunity, as well 111 as strategically marketing clients’ properties 272 33.9 111 33.9 This represents the year-end 43%+ 43%+ above the expectation and the competition has proven successful and Transactions number of properties $784 99 99 available 76 Volume 177 rewarding. Coastal Luxury provides 54%+ a strong team representation 20.8 to $741 20.8 % of List Price for sale divided by the monthly 53
93%
92%
deliver white glove service.
average of the last 12 months' 8%+ 6%+ 53%+ sales, reflecting$154,356,000 how many months 12%+12%+ 39%-39%it would take toHALF sell out of the 1ST HALF 2016 1STasHALF 1ST HALF 2016 1ST 2017 consistently ranked a2017 top2017 producer in the top 1% 2016 2016 current inventory2017 at the current FIRST HALF FIRST HALF FIRST HALF FIRST HALF $79,087,500 of agents, and known2017 for selling many of our 2016 area's record2017 highest 2016 rateof of properties sales if no95%+ additional In late August, a range were on the market, Stay111on in Top of 30A Gulf-front Sales Activity! 33.9area sales, Erin has closed +$50 million residential sales this homes entered 33 the market. including: PROPERTIES ON99 MARKET MONTHS OF INVENTORY* 93% 92% past was year,a continuing tofor represent the successful sales of our coast's 2016 banner 30A high-end luxuryAND $3 million+ 66 offered at $3hit to $5 15 •LIVE View ALL 30Ayear Gulf-front new listings sales20.8 transactions as they themillion market! And finest residences. property sales. So, we were somewhat surprised to see a very 120%+ • 36 offered at $5 to $10 million 43%+
Having
30A HIGH END LUXURY $3M+
receive market updates your the enclosed response card in the mail and robust comprehensive first half 2017 where the number of in sales moreinbox. than Drop • 4 offered at over $10 million 12%+ 39%- I F YO Ufirst A Rhalf. E O Oaverage K I NG TO weLSales will keep you informed on YOUR market! Average Price doubled the prior year’s The sales price Average Sales Price It has been my pleasure to personally represent numerous Access and Search 30A High End Luxury $3M+ Properties at CoastalLuxury.com/30AHighEndLuxury Price per Square Foot Price per Square S UC SSFU L LY S E Lwith LFoot YO UR LUdollar XU RY continues to C beEaround $5 million the average exceptional luxury real estate transactions along our unique Average Days on Market Market P RO P ERT T HAverage I Sthousand. S E Days A S Oon NSales , WPrice E WOU LD LOV E Average CoastalLuxury.com/30AGulf-Front per square foot Y at over $1 Transactions Transactions 30A corridor. Price per Square Foot
T HE PL E $2,160,118 A Sto U R E O F FLEX H EMLS ADays R Ion NMarket Gresidential F ROM YOU ! Volume Volume Statistics$2,160,118 according data gathered fromAverage for combined properties (detached homes, attached units and condos). Deemed reliable but not guaranteed. ofPrice List30A PriceHIGH END LUXURY $3M+ HOMES: SALES & AVERAGE SALES PRICES % of % List $2,007,708 2,007,708 for detached residences, attached units, and condos only; EXCLUDES vacant land. 3 0 A H Statistics IGH E N D L U X U RY $ 3 M + HOMES $2,160,118 Call Erin Oden Directly
$2,007,708
272272 $154,356,000 $154,356,000 272 $784 $784
SALES PRICES atAVERAGE 850.502.1220 Erin@CoastalLuxury.com Average Sales Price
CLOSED TRANSACTIONS & CLOSED SALES VOLUMES
Erin Oden
177 is the principal broker and owner of Coastal Luxury. $741 177 $741 Transactions $784 Volume 177 $79,087,500 Erin$741 maintains a strong emphasis on intimate market knowledge and $79,087,500 % of List Price 6%+ 53%+ 53%+ 8%+8%+ 95%+ 6%+ 95%+ a high level of investment 8%+ in focused niche marketing. CoastalLuxury.com 6%+ 53%+ Staying closely 33 $154,356,000 33 attuned93% to the trends to keep clients aligned with for peak $5,272,500 93% 92% the market 92% 15 15 opportunity, as well as strategically marketing clients’ properties
Price per Square Foot
CONSIDERINGAverage SELLING? Days on Market OR LOOKING TO BUY? $4,677,455
120%+
120%+ above the expectation and the competition has proven successful and $79,087,500 rewarding. Coastal Luxury provides 95%+ a strong team representation to $1,037 33 deliver white glove service. 93% 92%
15
$1,042
153 11%-
12%+
120%+
Having consistently ranked as a top producer in the top 1% 1ST HALF 2016 1ST HALF 2017 1ST HALF 2016 2016
2017
2016
172
1ST HALF 2017 2017
of agents, and known for selling many of our area's record highest StatisticsErin according data gathered FLEX MLS for compbined residential properties sales, hastoclosed million residential area sales this (detached residences, attached units, and condos only; EXCLUDES vacant land). Stay +$50 onfrom Top of in 30A High End Luxury $3M+ Sales Activity! reliable butsales not guaranteed. Prepared compliments of Erin Oden, Coastal Luxury. past year, continuing toInformation representdeemed the successful of our coast's finest CoastalLuxury.com | 7 Viewresidences. ALL 30A High End Luxury $3M+ new listings AND sales transactions LIVE as they hit the
market! And receive comprehensive market updates in your inbox. Drop the enclosed response card in
You're Finally a Local.
Now What? by Sallie Paris
What tourist doesn’t think, “I wonder what it’s like to live here? How does it feel to finish a workday, ease into a deck chair to be calmed by a sea breeze and tropical cocktail before grilling a fresh seafood supper? What’s it like to attend churches or schools whose parking lots and playgrounds are dotted by skyscraping sea pines and prickly palm trees? What if I could play golf or fish whenever I wanted? How much fun would it be to explore this part of the country?” And, I always wonder, “Why is grocery shopping so much more fun on vacation?” There’s a reason the phrase “a day at the beach” is a cliché. The seemingly infinite blue expanse of the ocean puts life in perspective and reminds us we can let go, have fun, explore, learn, and relax on the beach like nowhere else on Earth.
So, you got tired of wondering and visiting. You invested in a future on 30A.
You are a local.
Now what?
Relocating, whether permanently or by purchasing a second home, is an emotional, exciting time of discovery and logistical tasks. At Coastal Luxury, we help our clients beyond the closing, and want you to feel as local as possible as soon as possible. We’ve done the homework so you can dive right into your new beach life and claim local status.
Locals find their favorite beach access points. Lots of people are surprised to find that there are a whopping 62 public beaches in Walton County, many of which have parking, restrooms, and soda machines. As a local, I think the holy grail of beach access offers clean restrooms, but no parking. That keeps the beach day practical and private. HINT: If you ask locals where they swim and sunbathe, and their answers are vague, you’ve found people who love their access points like a secret, award-winning recipe. A good beach spot is worth its weight in pirate gold! 8 | FALL 2017
LIVE LIKE A LOCAL
Locals secure, via a lottery, beach driving permits. Owners of certain car types cruise onto the beach at regulated points. On weekends, vehicles fill Grayton Beach to create a huge party. Go there a few weekends and you’ll know just about everyone in the neighborhood.
Locals walk their dogs by the ocean. This sets us apart from Okaloosa and Bay counties, who ban dogs from the beach. Pet owners must secure dog tags from the Walton County Clerk’s Office by proving residency and certifying that pets are vaccinated. In spring and summer, dogs are welcomed from 4:00 p.m. until 8:00 a.m. In fall and winter, hours extend from 3:00 p.m. until 9:00 a.m.
Locals appreciate nature. Stroll through hundreds of miles of trails in the Point Washington State Forest. Park at the trailhead north of 30A in Grayton Beach, and explore untouched timber and oak forests. Locals learn the tides. If you’ve only ever boated in fresh, inland waterways, you’ve likely never had to calculate dangerous tidal effects. Find tidal charts in local papers and at park information booths. Get a free look at the ocean depths by swimming out to Turtle Reef. The South Walton Artificial Reefs Association deployed 58 heavy concrete fish-shaped structures in the water. With two guideposts on land to keep you on course, you can swim about 100 yards to the structures, where you’ll spot fish and other marine wildlife you may otherwise see only in aquariums.
Sallie Paris is a real estate agent at Coastal Luxury, and specializes in representing buyers. With a broad local market knowledge and a high level of service, she assists clients in all aspects of real estate purchases—from investment properties to beach homes. Sallie says, “Although I’ve lived here for years, I still feel like I’m on vacation every day. My goal is to help other families find the perfect property so they can grow to love the Emerald Coast as much as I do.” Contact Sallie at 850.213.3478 or Sallie@CoastalLuxury.com www.coastalluxury.com
Sallie Paris
CoastalLuxury.com | 9
Locals take the health of our dunes personally.
Locals respect and protect wildlife. Majestic blue herons love to fish in the shallows along the Gulf ’s edge, especially at sunrise. Scan the ocean to watch dolphins dip and soar. Leave sand dollars in the sea. Taking them from their home kills them. Abide by beach flags that indicate surf conditions of green: calm, yellow: moderate, and red: dangerous surf and potential rip tides. The purple flag warns that marine pests are present. Pests can include microorganisms to jellyfish to sharks. Take a turtle walk with the South Walton Turtle Watch or join to make friends and protect these fascinating creatures. Stop by the E.O. Wilson Biophilia Center in Freeport to learn about other community projects.
Locals understand and prepare for beach weather. Purchase hurricane tools and evacuation routes so you stay safe and can protect your property in storms. If you aren’t a permanent resident, contract a local service that can tighten up your property when necessary. When you leave for extended periods of time, it’s smart to bring in outdoor furnishings, fasten storm shutters, and make other light preparations. The last thing the area's infrastructure needs is to have thousands of homeowners traveling to protect their homes at precisely the time that they should be leaving them. Ask a Coastal Luxury agent for a list of companies who provide these types of services.
10 | FALL 2017
Locals know the unspoken etiquette of life on 30A. When relaxing on the beach, keep any radio volume low enough to be considerate. Don’t feed birds or crabs; you’ll be overrun in minutes! It’s polite to walk a short distance from crowds if you’re smoking, but no one is going to harass you for it. Yelling, “Shark!” isn’t cool. NO CLIMBING ON THE DUNES -- The dunes are one of our only lines of defense against devastating storm surge during hurricanes, and climbing on them reduces the stability they've maintained for thousands of years. Locals quickly intervene if someone is on the dunes, and law enforcement can become involved.
YOU'RE FINALLY A LOCAL. NOW WHAT?
Most of all, here in 30A, locals know how to have FUN. Our opportunities are endless, but do include the following favorites: •
Boating
•
Golfing
•
Fishing (piers, beaches, deep-sea charters)
•
Snorkeling
•
Dining out
•
Walking trails
•
Shelling
•
Dolphin cruising
•
Bicycling
•
Playing tennis
•
Parasailing
•
Beer tastings
•
Shopping
•
Paddle boarding, kayaking, and canoeing
•
Getting pampered at our spas
•
Wine tastings and tours
•
Horseback riding
On 30A, locals appreciate and enjoy family time, wildlife, nature, and activities. The opportunities are limitless, but, as a local, I find that nothing beats a simple day at the beach.
Helpful sites:
Beach access points http://sowal.com/beach-accesses Beach driving/charter fishing/dog beach permit facts and information http://www.co.walton.fl.us/documentcenter/view/28630 Dog license permit application http://www.co.walton.fl.us/FormCenter/Administration-3/Dog-Beach-LicensePermit-Application-80 South Walton Turtle Watch information https://www.friendsofswturtles.org/ “How tides affect your paddling” – National Park Planner http://npplan.com/how-tides-affect-your-paddling/ National Hurricane Center: preparedness information http://www.nhc.noaa.gov/prepare/ready.php CoastalLuxury.com | 11
Building with Concrete Block (CMU) vs. Wood-Framed Construction by Chris Burch
Since I began building homes in Walton County in 2005, I’ve seen numerous shifts in construction methods and materials used in residential homes. One of those is the trend toward constructing homes using concrete block, which is commonly referred to as concrete masonry units (CMU). Concrete block construction is traditionally more common in central and south Florida, while wood-framed exterior wall construction is prevalent along the panhandle, but now, those building new homes have more choices, unless neighborhood design codes strongly encourage or dictate the type of exterior wall construction that must be utilized. Let’s explore some of the benefits and disadvantages of using concrete block construction versus wood framing.
Termite Resistance
Advantages of Concrete Block Construction over Wood Framing:
CMU wall framing has an advantage over wood-framed construction. Still, the sleepers or wood framing pieces attached to the inside of concrete block walls are still susceptible to termites, but the potential damage to the overall structure is diminished because the wood strips are not a structural part of the home and can easily be replaced. While the termite population is alive and well in Florida, maintaining termite inspections and treatments (bond) reduce termites as a determining factor in choosing which exterior wall system to use.
Strength – Hurricane Resistance
Flood & Weather Resistance – Moisture Intrusion
There is a preconception that a concrete block house is stronger than a 2x6 stick-frame house. While I agree with this notion, either type of construction, in accordance with location, is designed by the engineer to meet current building codes and to withstand 140-mileper-hour wind speed, whether constructed from CMU or wood framing (with various strapping and fastening mechanisms).
Concrete block is more forgiving to water and moisture intrusion. For example, if a garage were to flood, it would be much easier to dry out or repair damage to CMU walls. Water coming in over time will rot out exterior sheeting, window and door headers, and structural wood framing.
Fire Resistance CMU is indeed more fire resistant than wood studs and plywood sheathing, although wood framing is still used and attached to the inside of CMU walls to allow for concealment of mechanical piping and wiring. If a fire occurs where CMU walls are used, wood studs (sleepers) would most likely be damaged while the CMU may or may not be salvageable.
For multi-story projects in Walton County, we have observed an increased use of CMU on the first level with 2x6 wood framing on upper levels. This is advantageous from a cost perspective, while the combination still captures the advantages of having a better substrate for stucco and being easier to repair after potential flooding from heavy rainfall like we’ve seen over the last several years.
Stucco Walls – Better Substrate Given our location in close proximity to the Gulf of Mexico and in a high wind zone, CMU walls are less likely to move during high winds than wood-framed walls. Furthermore, wood framing has more potential to move as wood dries out over time. Stucco over a CMU substrate performs much better in the long run as compared to wood framing, provided proper use is made of expansion joints, as concrete and stucco also have some movement due to thermal changes.
Chris Burch
12 | FALL 2017
Chris Burch, MBA is owner of Grand Bay Construction, LLC, and has been building on the Emerald Coast since 2005. Grand Bay Construction seeks to not only set the standard in the Gulf Coast’s construction industry but to surpass our customer’s expectations. www.grandbayconstruction.com
BUILDING TRENDS
Disadvantages of Concrete Block Construction: Cost Concrete block is considerably costlier than stick-frame construction. Labor and materials costs are higher for concrete block. First, the labor pool for block masonry is much scarcer than the labor available for stick frame construction. Second, the cost of CMU, rebar, mortar, concrete fill, etc., are more expensive than plywood sheathing. In both cases, wood stud framing materials are still required. Third, more labor and equipment (i.e. scaffolding) are involved in constructing a block wall as compared to a woodframed wall. Last, even after block masons have completed a wall, wood framing and carpenters are needed to build a second wall inside the CMU to accommodate mechanical piping and wiring.
Build time Build time is also lengthened when contractors use CMU construction. The CMU wall can only be raised a specified height each day, so more time is required for rebar installation and for filling CMU cells. Also, more inspections are necessary. Only after the CMU walls are up can the wood framing begin. On a typical house project that utilizes CMU over stick-framing for the exterior walls, build time can be easily extended by three to five months.
Less Insulation (R-value) The R-value is a measure of the ability of heat to transfer from hot to cold through materials such as insulation. The higher the R-value, the more a material prevents heat transfer. Typical 2x6 woodstud framing with fiberglass insulation or spray foam insulation achieves an R-value of approximately 19. An 8-inch CMU block with closed-cell insulation has an R-value of approximately 7. The R-value in wood-framed construction (2x6 walls) is superior to that of CMU block and closed-cell insulation.
More Difficult to Remodel Cutting in a larger window during a future remodel is more easily achieved when dealing with wood framing than with concrete block construction.
Space Requirement Many homes would not be impacted by giving up a little extra square footage for 8-inch CMU wall construction. However, where lot size is small and/or setback requirements are restrictive as is the case on zero lot line parcels, exterior wall thickness can be a challenge. Concrete block walls can be four inches thicker (or more) than conventional stick-frame 2x6 exterior walls. When considering four exterior walls on a structure, a total of eight inches per linear foot could be lost in both north-south and east-west directions.
If you are building a new home, you must decide which material to use for your exterior walls. Consider and discuss the above points with your design professional to make the best decision for your specific project. CoastalLuxury.com | 13
EXCEPTIONAL PROPERTIES. EXCEPTIONAL SERVICE.
Exceptional properties and exceptional service are what we pride ourselves on at 360 Blue. We represent the largest collection of luxury homes along the Emerald Coast and we understand their complexities and what it takes to service both our homeowners and guests alike. We are locally owned and operated. Our team is accessible, knowledgeable and passionate about sharing the local lifestyle. We believe in profiting with our home owners, not from them. Let us know if you’re ready to experience the 360 Blue difference!
360BlueProperties.com • (800) 554-9522
14 | FALL 2017
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CoastalLuxury.com | 17
Understanding
Brain Fog
by Dr. Bart Precourt
If you are reading this article, there is a good chance that you have experienced what one might describe as “brain fog.” Symptoms usually include forgetting names, inability to find words, forgetfulness, occasional light headedness, or even dizzy spells. These symptoms are often overlooked by many healthcare professionals, but can lead to many other health issues. Another way to describe brain fog is to call it “tired brain.” When your brain gets tired, all your bodily systems become vulnerable to breakdown and illness, especially your endocrine system (hormones) and digestive system (gut health). Many of my patients, and perhaps you, too, wonder and worry that these symptoms are the beginning signs of more serious conditions like Alzheimer’s and dementia. Although any undue stress on our brains for extended periods, left untreated, can increase brain dysfunction and lead to more problems, typically, brain fog is explainable.
providing safe & effective methods to create better health naturally nutritional consultations for: • • • • • • • • • • •
weight loss hormone imbalance chronic allergies fatigue hot flashes migraines yeast/candida arthritis digestive issues heartburn/g.e.r.d. constipation
balance30a.com
850.231.9288
3547 E. County Highway 30-A • Seagrove Beach, FL 32459
The 3 most common causes of brain fog are the following. 1. Poor sleep. For our brains to work properly, we must
rest and recover. Poor sleep has become a major health issue in our country. Many sleep remedies in use today fail to address root problems. Americans rely on sleep medications and alcohol, but those give us false rest, and they inhibit or prevent Rapid Eye Movement (R.E.M.) cycles of sleep. R.E.M. cycles help restore short term memory. Alcohol always inhibits short term memory.
2. Stress.
Our lives are busier than ever. Multi-tasking, kids, family, work, and play time demands have our schedules and brains full from the moment we wake until we lie down at night. The result is that we become deficient in the basic nutrients that our brains and bodies need.
3. Brain toxicity. Unfortunately, this is most likely
partially or primarily at the core of sleep problems for most of us. Toxicity includes overall systemic inflammation and reactions to mold, heavy metals, and industrial toxins which include genetically modified organisms (GMOs) and household products. We likely do not even recognize how often we are exposed to many of these toxins via household items on a daily basis, and the cumulative effect over years of exposure cause brain toxicity.
18 | FALL 2017
So what can you do? To start, do not ignore brain fog. Brain fog is one of the fastest ways to intensify the effects of aging. If your brain is tired or you are experiencing brain fog, your entire body is affected. Your skin, hormones, gut, and energy are compromised. Too often, I see some doctors treat brain fog symptoms as adult attention deficit disorder/ attention deficit hyperactivity disorder (ADD/ADHD) and prescribe drugs like Adderall. This may give the sense of a cure, but it usually drives the problem even deeper. I recommend you see a doctor who is has experience in diagnosing and treating these symptoms naturally.
You can also make immediate, simple changes to get a good night’s rest. Be “early to bed and early to rise.” At bedtime, put down your phone and iPad. Turn off the TV. Digital devices stimulate your brain and hinder the natural release of melatonin—a crucial sleep hormone only released when your brain is at rest. Avoid sugar and alcohol before bed. Add magnesium, which can help you better stay asleep, to your evening diet. My favorite dosage and source are three capsules of Magnesium Lactate from Standard Process. Managing stress is be a bigger topic than I have room to discuss in this article, but at least address your hormone balance and, most importantly, your adrenal gland health, to help you manage stress. If you tend to become anxious, I recommend the herbal supplement Kava Forte from Standard Process. I teach my patients some easy stress reduction breathing techniques that can be extremely effective for short and long-term stress management. We perform two tests in our office that identify whether inflammation or toxins are at the root of your brain fog symptoms. These tests are simple, non-invasive, and relatively inexpensive. We utilize a Visual Contrast Sensitivity (VCS) test that identifies if you are experiencing some type of brain toxicity. We also use a urine test called Meta-oxy that helps identify if you are experiencing cellular toxicity and/or systemic inflammation. Test results are usually provided in the same office visit.
Remember, brain fog can be identified, explained, and remedied. Being sharp minded with clear and creative thinking can be life changing. Visit a health care professional that is experienced in treating these conditions and can help you get YOU back!
Dr. Bart M. Precourt is a Holistic Doctor, chiropractor, acupuncturist, and nutritional consultant. For nearly 20 years he has helped people get healthy, lose weight, and create healthy sustainable lifestyles. He currently practices in Seagrove Beach, FL, at Balance Health Studio, www.balance30a.com. For a consultation, contact Balance Health Studio at (850) 231-9288.
Dr. Bart Precourt
Coastal Luxury is prominently located directly on Scenic 30A, the first office east of Alys Beach. Our firm’s unique targeted marketing efforts, strong database, and intimate market knowledge affords us the opportunity of consistently representing the successful sales of our coast’s finest residences. Coastal Luxury provides a strong team representation to deliver white glove service to our clients.
Please stop in to our offices. We would be delighted to meet you!
MEET THE TEAM
CoastalLuxury.com | 21
Setting the Stage:
THINK OF THE BUYER AS AN HONORED “GUEST” by Paulette DeGraw
Photos by Framework Photography
In order to switch the “for sale” sign to a “sold” sign, you must think tactically.
Coastal Luxury owner Erin Oden says, "If a home is older, or simply outdated, remodeling and staging both the exterior and interior before introducing the residence to the market brings the residence into level market competition."
In other words, the trick between a quick sell and an arduous and frustrating experience lies in even the smallest details. The first stop in the seller’s journey begins with imagining a future buyer as an honored “guest.” When you as a seller create a narrative around your home, your guests (potential buyers) can visualize what life will be like inside the house. Specific changes are necessary to keep the story believable. If you think a young family would fit right in, add bunk beds so kids will know they’ll have a space of their own. In the coastal cottage pictured here, a floating wall was added to create two spaces from one. The unique feature of the floating wall reassures parents by welcoming multiple children while reducing their opportunities for bickering.
22 | FALL 2017
SETTING THE STAGE
When tidying up your home, consider exchanging old for new. Remove your family’s sentimental ornaments, such as collectibles of specific taste and family photos, from the house to help guests imagine their own items and create their own potential stories. By no means should you strip your home of every personal touch, but removing the knick-knacks accumulated from the family trip you took five years ago and the singing bass grandpa passed down can rejuvenate your home. Choose unique and memorable designs to hang on the plain walls. Opt for simplicity.
When everything is in order with your home's interior, think about your guests' very first impressions when they walk up to and through the front door.
This is where the story of your home begins. Grab their attention and keep it as they stroll from room to room. Carefully choose your outdoor furnishings to score immediate points. Here, the old weathered porch furniture was exchanged for beautiful and affordable bamboo pieces. Guests were able to experience the charm of the home before they entered it.
Finally, take great shots to market your home. Each picture can be worth not only a thousand words, but also a thousand dollars. Hire a professional designer and an experienced real estate photographer to greatly profit from your investment and efforts. You have only one chance to make the right first impression. Today, that first impression is almost always a photograph on a computer screen. You owe it to yourself and your agent to make those photos count.
In this cozy reading nook, an interesting canvas compliments the calm tones in nearby furnishings. In order to appeal to as wide an audience as possible, neutralize rooms. Introduce color in strategic places to keep your home from feeling lifeless. Your guests might prefer bold colors, but if you leave a room light and airy, it will be much easier for guests to imagine their belongings in the space.
When in doubt, keep it fresh! Fortunately, this key category is not only accessible, but also lowcost. Flowers are appropriate in any room, and lush green plants are always in style. Don’t forget to show your guests that your home is ready to entertain by setting the table or the kitchen island for a gathering of friends and family.
CoastalLuxury.com | 23
With a professional designer, experienced photographer, and knowledgeable real estate agent, you can expect fewer days on the market and more dollars at the closing table. 24 | FALL 2017
Sell the story. Sell the house.
Our
Closings... Open Doors Protecting Property Rights in All 67 Florida Paulette DeGraw is the principal Interior Designer and owner of 30A Design Group. "For over 20 years, I have strived to hone my design and project management skills to consistently deliver an unparalleled customer experience. I approach every project with form, fit, and function in mind. From single room designs to whole house renovations, and concept through completion new construction, I work closely with my clients to balance cost, quality, and service. I believe in timely, frequent communication with my clients. When collaborating with homeowners, business owners, and real estate investors, my goal is to exceed the expectations of every client." www.30adesigngroup.com
Counties
In addition to our closing services, attorneys Lori Ellen Ward, Esq. & Ryan Garrity, Esq. provide a full range of legal representation in the areas of...
Real Estate • Business • Probate Construction • Land Use • Litigation Miramar Beach: 11490 Emerald Coast Pkwy., Ste. 201E Miramar Beach, FL 32550 (850) 269-1119 Paulette DeGraw
Fort Walton Beach: 158 N. Eglin Pkwy. Fort Walton Beach, FL 32548 (850) 269-1119
30-A HOME PRICE TRENDS A T W E LV E -Y E A R R E V I E W O F H O M E P R I C E T R E N D S
Review of 30A Price Trends 30AACORRIDOR - AVE R AGE S AL E S PR IC E S 30A CORRIDOR 3 0 A CO RR I D O R
Statistics for detached residences, attached units, and condos only; EXCLUDES vacant land.
30A CORRIDOR Statistics for detached residences, attached units, and condos only; EXCLUDES vacant land.
2004
$760,129
2004
$760,129
2005
$962,880
2006
$962,880
2006
20092009
$605,978 $605,978 27% 27%
20102010
$598,431 $598,431 1%1% $625,552
2011
$625,552
5%
5%
$636,382 2%
$728,487 14%
2013
$728,487 14% $796,763 9%
2014
$796,763 $875,273 9% 10%
2014 2015 2016
8%
$636,382 2%
2012
2012
2015
4%
$824,721 $824,721 21%21%
20082008
2013
4%
$1,040,371 8% $1,040,371
20072007
2011
$923,551 21%
$923,551 21%
2005
$0
$275,000
$550,000
$825,000 $871,099
$1,100,000 9%
$932,223 7%
Statistics according to data gathered from FLEX MLS for combined residential properties (detached homes, attached units and condos). Deemed reliable but not guaranteed.$550,000 Prepared compliments of Erin$825,000 Oden, Coastal Luxury. $0 $275,000 $1,100,000
Statistics according to data gathered from FLEX MLS for combined residential properties (detached homes, attached units and condos).
Statistics according to dataDeemed gathered reliable from FLEX MLSguaranteed. for combinedPrepared residential properties (detached residences, attached units, and condos only; but not compliments of Erin Oden, Coastal Luxury. EXCLUDES vacant land). Information deemed reliable but not guaranteed. Prepared compliments of Erin Oden, Coastal Luxury.
2004 2005 2006 26 | FALL 2017
30A CORRIDOR HOME RO S E MARY B C H PRICES APPRECIATED AN Statistics for detached residences,ROSEMARY attached units, and condos only; EXCLUDES vacant land. EXCEPTIONAL 46% IN THE 4-YEAR PERIOD FROM $1,121,258 2012 TO 2016 $1,781,868 59% $1,859,644 4%
PRICE TRENDS
THE 30A REAL ESTATE MARKET CONTINUES
UPWARD PRICE TRENDS THE 30-A REAL ESTATE MARKET CONTINUES
UPWARD PRICE TRENDS
A T W E LV E -Y E A R R E V I E W O F H O M E P R I C E A P P R E C I A T I O N A L O N G S C E N I C 3 0 A A T W E LV E-Y E A R R E V I E W O F H O M E P R I C E A P P R E C I AT I O N A L O N G S C E N I C 3 0 -A
BY E R I N O D E N BY ERIN ODEN
The home market along Northwest Florida’s Scenic Highway 30A has become well over a billion-dollar annual industry. Dollar home sales volume reached over $1.2 Scenic billion Highway for 2016, The home market along Northwest Florida’s 730-A percent 2015. has over become well over a billion-dollar annual industry. Dollar home sales volume reached over $1.2 billion for 2016,
Pricing trends of homes along the 30A corridor 7 percent 2015. have experienced anover impressive six-year uptick. Taking a closer look at the history of price trends from the peak of our market to today provides Pricing trends of homes along the 30-A corridor greater insight into our current position.
have experienced an impressive six-year uptick.
Taking sales a closer look at Scenic the history of price trends Average price of all 30A closed residences 2016ofwas a strong 7 from the inpeak our$932,000—up market to today provides percent over 2015 and a notable 28 percent threegreater insight into our current position. year increase, yet still below the year 2006–07. In looking back at the history of 30A’s yearly average Average sales price of all Scenic 30-A closed sales prices, this is, in fact, the highest average residences inhave 2016seen wassince $932,000—up a strong 7 sales price we 2007. percent over 2015 and a notable 28 percent three-
We expect the 30A market to remain and In year increase, yet still below the yearhealthy 2006–07. with strong demand. While the future of the real looking back at the history of 30-A’s yearly average estate is certainly unpredictable, knowing sales market prices, this is, in fact, the highest average sales where the market is today and where it has been price we have seen since 2007. provides an advantage in assessing our real estate opportunity.
We expect the 30-A market to remain healthy and in strong demand. While the future of the real estate market is certainly unpredictable, knowing where the market is today and where it has been provides an advantage in assessing our real estate opportunity. The positive appreciation of the past six years is great news for all owners. Sellers have insight into their current opportunity and equity position, and the upward tick of prices is also encouraging news
The positive appreciation over the past six years is great news for all owners. Sellers have insight into their current opportunities and equity positions, and the upward tick of for buyers in assessing what appreciation they can prices is also encouraging news for buyers anticipate based onappreciation current trending. in assessing what they can anticipate based on current trending. We that30-A 30Amarket market pricing We anticipate anticipate that pricing willwill continue continue to strengthen in the coming seasons. to strengthen in the coming seasons. New flight additions are being planned for New flight additions are being planned for the the Northwest Florida Beaches International Northwest Florida Beaches International Airport (ECP), giving opportunities forAirport (ECP),people giving opportunities for morearea. people to visit more to visit our coastal The market hasarea. continued to with strengthen intotrends, the our coastal Coupled the current first two quarters of 2017. Coupled with the this gives us confidence that enthusiasm for our current trends, thisingives market will continue 2017.us confidence that enthusiasm for our market will continue.
Erin Oden is the principal broker and owner of Coastal
Erin Oden is the principal broker and owner of Coastal Luxury, maintaining a strong emphasis on intimate market knowledge knowledge andinexpertise in the andmarkets. Gulf-front and expertise the luxury andluxury Gulf-front Erin can be markets. Erin can be reached at (850) 502-1220 or Or stop reached at (850) 502-1220 or erin@coastalluxury.com. byerin@coastalluxury.com. Coastal Luxury, located directly on Or 30A, first office east oflocated Alys Beach, stopthe by Coastal Luxury, Florida. Search all available properties at directly on 30-A, the first office coastalluxury.com/SEARCH.
Luxury, maintaining a strong emphasis on intimate market
east of Alys Beach, Florida.
Search all available properties at coastalluxury.com/SEARCH.
CoastalLuxury.com | 27
$728,487 14%
2013
$796,763
2014
9%
$871,099
2015
9%
$932,223 7%
2016 $0
$275,000
$550,000
$825,000
$1,100,000
30A HOME PRICE TRENDS Statistics according to data gathered from FLEX MLS for combined residential properties (detached homes, attached units and condos). Deemed reliable but not guaranteed. Prepared compliments of Erin Oden, Coastal Luxury.
A T W E LV E -Y E A R R E V I E W O F H O M E P R I C E T R E N D S ROSEMARY ROSE MA RY Statistics for detached residences, attached units, and condos only; EXCLUDES vacant land.
$1,121,258
2004
$1,781,868 59%
2005
$1,859,644 4% $1,895,987 2%
2006 2007
$1,492,433 21%
2008
$1,024,464 31% $970,828 5%
2009 2010
$1,486,780 53%
2011
$1,234,915 17%
2012
$1,443,769 17% $1,602,985 11%
2013 2014
$1,740,843
2015 according to data gathered from FLEX MLS for combined residential properties (detached homes, attached Statistics 9% units and condos). Deemed reliable but not guaranteed. Prepared compliments of Erin Oden, Coastal Luxury.
$2,371,196 36%
2016 $0
$600,000
$1,200,000
$1,800,000
$2,400,000
WATERSOUND BEACH WATERSOUND BEACH
Statistics according to data gathered from FLEX MLS for combined residential properties (detached homes, attached units and condos). Deemed reliable but not guaranteed. Prepared compliments of Erin Oden, Coastal Luxury. Statistics for detached residences, attached units, and condos only; EXCLUDES vacant land.
2004 2005
$1,575,000
2006
$1,148,125 27% $1,584,000 38% $1,400,000 12%
2007 2008 2009
$945,642 32%
2010
$1,841,423 95%
2011
$1,361,285 26%
2012
$1,425,652 5% $1,799,837 26%
2013 2014
$1,884,949 5%
2015
$1,986,035 5%
2016 $0
$500,000
$1,000,000
$1,500,000
$2,000,000
WATERCOLOR WATERCOLOR Statistics according to data gathered from FLEX MLS attached for combined properties (detached homes, attached Statistics for detached residences, units,residential and condos only; EXCLUDES vacant land. units and condos). Deemed reliable but not guaranteed. Prepared compliments of Erin Oden, Coastal Luxury.
$1,200,270
2004
$1,660,364 38%
2005
$1,524,937 8% $1,413,729 7%
2006 2007
$1,236,098
2008
13%
$956,206 23% $962,530 1%
2009 2010
$991,352
2011
3%
$1,086,217 10%
2012
$1,195,826 10% $1,207,673 1%
2013 2014
$1,467,025 21%
2015
$1,517,518
2016 $0
$425,000
$850,000
$1,275,000
3% $1,700,000
28 | FALL 2017 Statistics according to data gathered from FLEX MLS for combined residential properties (detached homes, attached units and condos).
Statistics according to data gathered from FLEX MLS for combined residential properties (detached homes, attached units and condos). Deemed reliable but not guaranteed. Prepared compliments of Erin Oden, Coastal Luxury.
PRICE TRENDS
SEASIDE
SEASI DE Statistics for detached residences, attached units, and condos only; EXCLUDES vacant land.
$1,542,647
2004
$2,185,952 42%
2005
$3,004,000 37%
2006
$1,978,430 34%
2007
$1,616,666 18%
2008
$1,476,312
2009
$1,496,720 47%
2011
$1,598,264 7%
2012
$1,475,815 8% $1,396,842 5%
2013 2014
$1,738,432 30A GULFRONT 24% 30A GU LF-FRONT
2015
$1,782,471 3%EXCLUDES vacant land. Statistics for detached residences, attached units, and condos only;
2016
2004
9%
$1,015,411 31%
2010
$0
$800,000
$1,600,000
$2,400,000
$1,539,716
$1,845,889
2005
$3,200,000
20%
30A GULFRONT Statistics according to data gathered from FLEX MLS for combined residential properties (detached homes, attached units and condos). Deemed reliable but not guaranteed. Prepared compliments of Erin Oden, Coastal Luxury. 43% Statistics for detached residences, attached units, and condos only; EXCLUDES vacant land.
30 A GULF -FRONT
2006
$2,632,090
$1,803,121 31% $1,539,71623% $1,394,838 $1,013,599 27% $1,845,889 20%
2007
2004 2008 2005 2009
$2,632,090 43%
2006 2010
$905,193
2007 2011
$1,803,121 $1,268,528 40% $1,394,838 23% $1,000,984 21%
2008 2012
11% 31%
2011 2015
$1,013,599 27% $1,390,435 39% $905,193 $1,492,447 11% 7% $1,268,528 40% $1,636,154 10%
2012 2016
$1,000,984
2009 2013 2010 2014
2013 $0
21%
$1,859,917 14%
39% $700,000 $1,390,435 $1,400,000
$1,492,447
2014
$2,100,000
$2,800,000
7%
Statistics according to data gathered from FLEX MLS for combined residential properties (detached homes, attached units and condos). Deemed reliable but not guaranteed. Prepared compliments of Erin Oden, Coastal Luxury. 2015 10%
$1,636,154
$1,859,917 14%
2016 $0
$700,000
$1,400,000
$2,100,000
$2,800,000
Statistics according to data gathered from FLEX MLS for combined residential properties (detached homes, attached units and condos). Deemed reliable but not guaranteed. Prepared compliments of Erin Oden, Coastal Luxury.
30A 30MIL+ 30A $ 3MILLION+
Statistics for detached residences, attached units, and condos only; EXCLUDES vacant land.
$3,701,500
2004
$4,138,542
2005
12%
30A 30MIL+ 30A $ 3MILLION+ $5,225,000
2006
26%
Statistics for detached residences, attached units, and condos only; EXCLUDES vacant land.
$3,862,941 26% $3,701,500 $3,964,375 3% $4,138,542 $4,466,66712%13%
2007 2004 2008 2005 2009
$5,225,000 26% $3,896,667 13% 26% $3,862,941 $4,513,863 16% $3,964,375 $3,413,636 24% 3%
2006 2010 2007 2011 2008 2012
$4,466,667 13% $3,797,600 11% $3,896,667 13%12% $4,241,144
2009 2013 2010 2014
$4,513,863 1% 16% $4,298,494 $3,413,636$4,503,348 24% 5%
2011 2015 2012 2016 2013 $0
$1,500,000
$3,797,600 $3,000,000
$4,500,000 11%
$6,000,000
$4,241,144 12% Statistics according to data gathered from FLEX MLS for combined residential properties (detached homes, attached units and condos). Deemed reliable but not guaranteed. Prepared compliments of Erin Oden, Coastal1% Luxury. $4,298,494 2015 Statistics according to data gathered from FLEX MLS for combined residential properties (detached residences, attached units, and condos only; EXCLUDES vacant land). 2014
Information of Erin Oden, Coastal Luxury. $4,503,348 5% 2016deemed reliable but not guaranteed. Prepared compliments $0
$1,500,000
$3,000,000
$4,500,000
$6,000,000
CoastalLuxury.com | 29
Statistics according to data gathered from FLEX MLS for combined residential properties (detached homes, attached units and condos). Deemed reliable but not guaranteed. Prepared compliments of Erin Oden, Coastal Luxury.
Alys Beach F L O R I D A
30 | FALL 2017
LETTER FROM THE PUBLISHER
LUXURY RESIDENCE IN ALYS BEACH JUST ONE TIER FROM THE GULF
800.359.0748 EXT. 2558
32 | FALL 2017
20 Sea Venture Alley
ALYS BEACH
alys be a ch
20 Sea Venture Alley is an exquisite Alys Beach residence, situated in a most coveted location just one tier from the Gulf-front • Unobstructed Gulf views from the second and third living areas • Rare and impressive westerly vista over undeveloped land • Custom designed gem of all masonry concrete construction • Certified FORTIFIED for Safer Living® • Encompassed in white walls notable to Alys Beach design • Previously featured in Milieu magazine • Designer furnishings with custom linen draperies • Whitewashed hardwood flooring • Covelano silver marble top counters and vanities throughout
BUILT IN 2011 3,000 SQ. FT. 4 BEDROOMS 4/2 BATHROOMS
CoastalLuxury.com | 33
20 Sea Venture Alley
34 | Spring 2016
ALYS BEACH
• A style of coastal elegance* • Private pool with water feature • Rear gated courtyard • Sanctuary of quiet retreat • The only second-tier home currently available on market within Alys Beach • First level houses a guest bedroom with fireplace and full bath, as well as the laundry room and a half bath • Doors from the first level open to the courtyard pool on the east as well as to the park and beach access on the west • Second level offers main living spaces and kitchen and dining with panoramic Gulf views • Kitchen is well appointed as a true chef’s kitchen with topof-the-line appliances • Second floor balcony looks west over the Gulf, stunning forever views, and offers a lovely yearround gathering, nicely accented with an outdoor gas fireplace • Additional guest suite/den with full bath, on the main, second level • Third floor master suite and additional guest suite • West facing Gulf-front sitting area and covered deck
* Please accept our apologies of an error in a prior publication. We retract the mention of architect Glenn Oxford and interior designer Rozanne Jackson in association with the home of 20 Sea Venture Alley.
Offered at $4,800,000
CoastalLuxury.com | 35
36 | FALL 2017
LETTER FROM THE PUBLISHER
Rosemary Alys Beach F L O R I D A F L O R I D A
RECENTLY FEAT URED ON " THE TODAY SHOW "
800.359.0748 EXT. 3218
38 | FALL 2017
11 Town Hall Road
ROSEMARY
r osem ary
Sleek Coastal Sophistication In Rosemary, Florida • Sleek coastal sophistication • Recently featured on "The Today Show" • Prominently poised south of 30A in Rosemary • A notably exquisite luxury residence • Just steps to the beach • Boasts a large plan with an impressive carriage house and private heated pool • Keen attention to detail in the design and architectural detail, as the vision was brought forth by a renowned team: Melanie Turner Interiors and Daniel Cole Construction • With nearly $300,000 in established rental bookings, trending value to exceed $340,000 in 2018 • Chef’s dream kitchen wellequipped with a Wolf oven, SubZero refrigerator, dual Bosch dishwashers, wine chiller, ice maker, custom cabinetry from Karpaty and a flawless piece of Castello marble
BUILT IN 2015 6,000 SQ. FT. 7 BEDROOMS 7/2 BATHROOMS
CoastalLuxury.com | 39
11 Town Hall Road
40 | Spring 2016
ALYS BEACH
• Elevator provides ease of access to three levels • Open floor plan on the first level: home to both the living area, kitchen and dining room, • Ample windows and french doors extending the full length of the north side and opening onto the breathtaking pool deck • Second level presents a remarkable grand master suite with en-suite bathroom and two additional guest rooms with bunks and an adjoining bathroom • Third level greets you with a large secondary living area and two additional impressive master suites with en-suite bathrooms of high detail • Fourth and final level grants the most spectacular entertainment deck on which to enjoy a beverage serviced by the enclosed rooftop wet bar • Upper deck provides one of the highest views in Rosemary and striking views of the Gulf and surround area • From the courtyard, access the large, two-level carriage home • Fully outfitted carriage house with a full kitchen, living area, bunk room, half bath, and secondlevel private guest suite with spacious en-suite bathroom • Carefree lifestyle of one of 30A’s most beloved walkable communities, with all of Rosemary’s amenities, town center shops and restaurants, pools, beach, tennis and fitness centers surrounding the property
Offered at $6,230,000
CoastalLuxury.com | 41
GULF-FRONT LUXURY LIVING IN ROSEMARY, FLORIDA
800.359.0748 EXT. 3238
42 | FALL 2017
2 Spanish Town Court
ROSEMARY
r osem ary
Luxurious Gulf-Front Home with Carriage House • The best priced Gulf-front offering in Rosemary Beach! • An exquisite Gulf-front residence, with carriage house and garage • Offered fully furnished • Prominently located within 30A’s beloved community of Rosemary Beach, Florida • With established rental income, this vacation home is trending to produce revenue of $236,000 annually • Private courtyard • First level offers three bedrooms, with two guest suites with ensuite baths, both opening to the Gulf-front deck and a guest room with built-in custom bunk beds • Second level serves as main living area, boasting stunning views • Endless views of the Gulf from the spacious balcony, living area or dining room • Open floor plan ideal for entertaining • Chef’s kitchen equipped with stainless steel appliances, over-sized island, and ample seating at the breakfast bar
BUILT IN 2005 3,222 SQ. FT. 5 BEDROOMS 6 BATHROOMS
CoastalLuxury.com | 43
2 Spanish Town Court
44 | Spring 2016
ALYS BEACH
• Master suite occupies the full third level • Personal living area on the master level and a dedicated balcony with boundless views of the Gulf • Two-level luxury carriage house fully outfitted with a living area, kitchen, and half bath on the first level, and a bedroom and full bath on the second level • The coastal lifestyle of one of 30A’s most beloved pedestrian communities, with all of Rosemary’s amenities, town center shops and restaurants, pools, beach, tennis and fitness centers directly surrounding the property
Offered at $5,060,000
CoastalLuxury.com | 45
FULLY FURNISHED GULF-FRONT CONDOMINIUM IN THE MONTEREY
800.359.0748 EXT. 3178
46 | Spring 2016
8636 E Co Hwy 30A Unit B-101 EAST END OF 30A
se a crest
Gulf-front condo in the private gated Monterey community • Fully furnished in a private, gated sanctuary • Conveniently located on Scenic 30A’s east end between Rosemary and Seaside • Sits at an impressive elevation atop a bluff • Direct Gulf-front beach and pool access from master suite and living area • Spacious floor plan of the kitchen, living room, and dining areas — ideal for entertaining • Gulf views with doors opening to the Gulf-front lawn • Capable of annual rental income of +$70,000
Offered at $1,200,000 BUILT IN 1999 1,524 SQ. FT. 3 BEDROOMS 3 BATHROOMS
CoastalLuxury.com | 47
21 Woody Wagon Way
EAST END OF 30A
se a crest
be a ch
Prominently located between Rosemary and Alys Beach in Seacrest Beach • Charming custom beach home • Fantastic community of Seacrest Beach • Corner lot with screened wrap-around porches and notable curb appeal • 20-foot ceilings and open floor plan • First level living room, dining area, master suite, and kitchen • Kitchen with quartz countertops and stainless steel appliances • First level master bedroom and full bath • Second level boasts additional large master bedroom with en-suite bath • Second level guest room with en-suite bath • Features ten-foot wood plank floors, white-washed walls, and surround sound • Numerous amenities, including the famous 12,000-squarefoot lagoon pool • Deeded beach access • Convenient tram service to the beach
Offered at $689,000 BUILT IN 2004 1,716 SQ. FT. 3 BEDROOMS 3 BATHROOMS
BUILT IN 2004 1,716 SQ. FT. 3 BEDROOMS 3 BATHROOMS
800.359.0748 EXT. 3138
Designing farmhouses to beach houses from coast to coast.
30A DESIGN GROUP utilizes a form, fit, function approach to quality, design, and budget. We are capable of a seamless process by managing every aspect along the way.
30A DESIGN GROUP www.30adesigngroup.com • 30A office 850.687.4129 • Atlanta office 770.653.6534
Seagrove Beach F L O R I D A
50 | FALL 2017
127 Lakewood Drive se a gr o ve
Prominently situated south of 30A between Rosemary and Seaside
• Five bedroom home located in Seagrove Beach • Adjoins the beautiful Eastern Lake • Open floor plan • Hardwood floors throughout • Chef’s kitchen features quartz countertops • Sub Zero refrigerator/freezer, Thermador dual fuel 6-burner range, Thermador range hood, Thermador dish washer, and Scotsman pearl ice makers • Spacious third level bonus room with en-suite bath and Finnish Sauna as well as a yoga space • Numerous upgrades include theatre wiring, security cameras, water purifier throughout the entire home, separate HVAC units for each floor, and a tankless water heater • The tranquility of Eastern Lake as well as access to two great public beaches within a half-mile • An ideal vacation rental investment, projected to generate +$76,500 annually
Offered at $925,000 BUILT IN 2004 3,022 SQ. FT. 5 BEDROOMS 5 BATHROOMS
800.359.0748 EXT. 3198
SEAGROVE
30A's Hidden Treasure
AT HOME WITH THE BOWDENS
on Deer Lake Beach Drive I recently interviewed Linda Bowden, who shared how she and her husband, former college football coach Tommy Bowden, became 30A locals in Santa Rosa Beach.
How did you discover 30A? Tell us about your first visits. Tommy and I have been coming to this area for many, many years. Tommy came to the beaches along 30A on vacations with his family when he was just in grade school, and I began coming when I was in high school. Those childhood beach trips hold special memories for both of us.
How did you make the decision to invest here at the beach and eventually live here full-time as your primary home? Specifically, what impacted your decision to build a dream home on Deer Lake Beach Drive? We are both beach people, and we knew we wanted to retire and live on the beach.
TOMMY AND LINDA BOWDEN
When Tommy got his first head coaching job at Tulane, we began to spend time thinking about where we wanted to retire. We both wanted to live on the beach, so we put out some feelers for some beach front property. We heard about a lot on 30A that was on the market, so we drove over from New Orleans to look at it. As soon as we saw the home site, we knew it was the one for us.
52 | FALL 2017
AT HOME IN ALYS BEACH
What were the primary elements that drew you to select this location on Deer Lake Beach Drive for building your Gulf-front home? The home site was a uniquely special spot, sitting directly on the Gulf in a truly special and secluded area, located on a private, dead-end street right next to the preserve state lands of Deer Lake State Park and the coastal dune lake of Deer Lake. We purchased our home site in 1998. Tommy continued his coaching career, so we didn't move to the area until 2009. We then began working with architect Walt Chancey and Regal Stephens Construction to design and build our beach home. We celebrated the move into our new house in 2012.
What have been the highlights of living directly Gulf-front on the beach? We love our home. One of the best things about living on the beach is waking up every day and seeing the emerald blue water and the white sand. The way our home is situated, adjacent to a coastal dune lake and preserve park lands, also allows us to enjoy the sunrises over Deer Lake and the amazing, endless, and unobstructed views looking over the beautiful sand dunes. There are no other homes in sight.Â
CoastalLuxury.com | 53
“ It is special having the preserve as our neighbor. Every winter, two bald eagles come to nest at Deer Lake State Park.
“
54 | FALL 2017
30A'S HIDDEN TREASURE
What is your favorite time of year here at the beach? Our favorite time of the year is the fall when the temperature becomes a little cooler and the crowds become a little smaller. We have made many memories here with our children and their families.
What are your favorite pastimes and memories of living on the beach? It is special having the preserve as our neighbor. Every winter, two bald eagles come to nest at Deer Lake State Park. We love to look down and see them sit on the beach or look up to watch them fly by our house.
Tommy and Linda Bowden on the beach with their family.
The Bowden Residence is truly a hidden treasure along the shores of 30A. Poised Gulf-front on the exclusive and secluded Deer Lake Beach Drive, the unique site borders over one half mile of forever-protected preserve state lands (and the spectacular views that come with them) to the east.
CoastalLuxury.com | 55
RARE AND EXCEPTIONAL GULF-FRONT SITE BORDERING OVER ONE HALF MILE OF PRESERVE L ANDS
800.359.0748 EXT. 3278
56 | FALL 2017
60 Deer Lake Beach Drive
SEAGROVE
se a gr o ve
Offering extraordinary privacy and unobstructed, forever protected Gulf views • A great escape • Majestic estate provides serenity like no other • Extraordinary location bordering award-winning Deer Lake State Park • A mile and a half of unobstructed, unsurpassed views to the east overlooking Deer Lake and all the way to WaterSound • Custom built home on private end lot in exclusive, low density community (only six other home sites) of Deer Lake • Unique private beachfront • 580-feet deep lot totaling 3/4 of an acre offers 51 feet of Gulf frontage • Wraparound glass & exceptional views from nearly every room • Solid concrete home • Pressure washed annually and extremely well-maintained • Listed as "unfurnished" but inclusion of furnishings is negotiable • Elegant coastal decor • Ready to be your dream home • Durable Trek outdoor furniture will withstand the sun and the rain, keeping your outdoor area beautiful for years
BUILT IN 2012 4,299 SQ. FT. 4 BEDROOMS 4/1 BATHROOMS
CoastalLuxury.com | 57
60 Deer Lake Beach Drive
58 | FALL 2017
LETTER FROM THEALYS PUBLISHER BEACH
• Plentiful outdoor space (patio & 3 terraces) and an open floor plan • Perfect for entertaining • 3-stories with luxurious finishes and tile throughout • Ground level offers two Gulf-front bedrooms with en-suite bathrooms and a lounge area all with direct access to the patio featuring stunning archways that capture the picturesque Gulf views • Laundry room with marble countertops, storage, and access to the outdoor shower, which is aligned next to the Deer Lake Dunes boardwalk for easy beach access • Welcoming foyer has an elevator and extends to the Gulf-front deck • Large sun deck • Upscale fire pit • Open living & dining area with glass spanning across the entire wall along with wraparound windows to the east for panoramic views of the Gulf and Deer Lake State Park • Incredible terrace for outdoor dining in a cool beach breeze or relaxation in one of many rocking chairs with breathtaking views • Interior features include 10 foot ceilings, recessed lighting & surround sound, custom beamed ceilings, crown molding, built-in shelving, and gas fireplace • Kitchen boasts custom cabinets with antique mirrored glass and hardwood, a farmhouse-style sink and island complete with gas cooktop and custom hood • Granite countertops & breakfast bar, ice machine, refrigerated drawers, and a large walk-in pantry • Breakfast bar perfect for casual dining while formal dining easily sits eight people
Offered at $6,395,000
CoastalLuxury.com | 59
GULF-FRONT RETREAT NESTLED IN A QUIET GATED COMMUNIT Y
800.359.0748 EXT. 3038
60 | FALL 2017
74 Majestica Circle
SEAGROVE
se a gr o ve
In the heart of Seagrove with breathtaking views of the Gulf • Large, open kitchen and living room • Ample space for a large family and many friends to comfortably enjoy a getaway to the beach • Impeccably maintained • Quality of home and pride of ownership obvious from the moment one steps inside • First floor with three bedrooms and two Jack and Jill bathrooms with double vanities and walk-in showers • Large living room with TV, wet bar, and plenty of seating on a Gulf-front deck • Game room with foosball table and additional seating • Covered porch and private beach walkover — the ultimate gateway to the tranquilizing sugar-white sand • Second floor Gulf views • Spacious kitchen perfect for large meal preparation with abundant storage and counter space • Dining area, living room, and card tables all flow together for idyllic family gatherings • Gas fireplace • Two Gulf-front porches
Offered at $4,250,000 BUILT IN 2001 4,292 SQ. FT. 5 BEDROOMS 4/1 BATHROOMS
CoastalLuxury.com | 61
LUXURY VAC ATION RENTAL HOME WITH EXPANSIVE FOREVER GULF VIEWS
800.359.0748 EXT. 2858
62 | FALL 2017
410 Beachfront Trail
SEAGROVE
se a gr o ve
Directly facing the Gulf, with unobstructed forever views • Spectacular Gulf views • Private pool • Fully furnished • Unforgettable vacation rental • Exceptionally large plan with nine bedrooms and multiple living spaces • First-floor bedroom with two queen beds • Bunk room with eight twin beds • Two living areas on the second floor with DVD players, flat-screen tvs, and large balconies • Bar and card table • Fireplace • Chef's dream kitchen • High-end appliances and granite countertops • Large island and beautiful cabinetry • Second level master suite with gorgeous views • Third level with five bedrooms including three master suites • Living area on third level boasts outstanding views • Abundant exterior spaces
Offered at $2,745,000 BUILT IN 2012 6,275 SQ. FT. 9 BEDROOMS 8/1 BATHROOMS
CoastalLuxury.com | 63
PROMINENTLY LOC ATED JUST STEPS TO SEA SIDE
800.359.0748 EXT. 3018
64 | FALL 2017
98 Thyme Street
SEAGROVE
se a gr o ve
Brand new luxury Seagrove Beach residence • On a corner site just eight tiers from the Gulf • Nearing completion • The finished six-bedroom home boasts Gulf views • Over 4,500 square feet of conditioned living space • An additional 2,100 square feet in porches
• Multiple living areas on each level • Impressive outdoor living with designer pool deck • Ample parking • Home's tower offers views of the Gulf, surrounding Seagrove Beach, and Seaside • Offers Florida outdoor meals with a summer kitchen • The sanctuary of an at-home pool • Relax by the outdoor gas fireplace • Construction to be completed November 2017 • Rental projections of $232,000
Offered at $2,950,000 BUILT IN 2017 4,526 SQ. FT. 6 BEDROOMS 7 BATHROOMS
CoastalLuxury.com | 65
WaterSound Beach F L O R I D A
LUXURY GULF-FRONT RESIDENCE IN WATER SOUND BEACH
800.359.0748 EXT. 2878
68 | FALL 2017
114 S. Watch Tower Lane
WATERSOUND BEACH
water so un d be a ch
Newly completed luxury Gulf-front residence with pool • Poised on one of only 13 prominent Gulf-front sites within the exclusive gated community of WaterSound Beach • A talented and renowned team comprised of architect Tyler Doin, contractor Regal Stephens, and interior designer Jennifer Suddes • The ideal luxury beach house • Large residence of over 5,000 conditioned feet • Impressive Gulf views over the expansive dunes unique to WaterSound Beach, the only community along 30A to significantly retain the dunes once found along the entire coast • Elevator provides convenient access between levels • Interior pool room with wet bar • French doors to the pool deck • Peacock paver pool deck situated along the west side, presenting a chic infinity pool flanked with fire bowls • Covered deck with summer kitchen and spiral staircase leading to upper decks, complete with ipe decking
BUILT IN 2015 5,024 SQ. FT. 6 BEDROOMS 6/1 BATHROOMS
CoastalLuxury.com | 69
114 S. Watch Tower Lane
70 | Spring 2016
ALYS BEACH
• Three guest bedrooms, with full baths, housed on the first level • Junior master, located along the south side, dune-front • Kitchen is open to living area • Kitchen and living area boast custom stone fireplace and doors opening to covered deck with additional fireplace • Two additional guest rooms, with full baths, housed on the second level • Large attached guest suite above the garage • Guest suite features a morning kitchen and private door and stairway • Third level fully dedicated to the master suite, with morning kitchen, separate office, and lounge room • Expansive Gulf views • Deck access via spiral staircase up to a fourth level deck for exceptional sunrise and sunset viewing over the Gulf • Discover luxury coastal living at 114 South Watch Tower Lane in WaterSound Beach
Offered at $6,299,000
CoastalLuxury.com | 71
DISCOVER YOUR
COASTAL LUXURY LIFE R E A L E S TAT E FO R LU X U RY L I V I N G
Start the Search!
SearchCoastalLuxury.com
72 | FALL 2017
Homesite 10 Creek Bridge Lane
WATERSOUND BEACH
water so un d be a ch
Awaiting your future beach house
• In the Peninsula community of the exclusive gated community of WaterSound Beach • Gorgeous Gulf views • Situated only a short stroll to the beach • Located in the private section of the prime Peninsula • The last corner lot • Elevated property with stunning views for an ultimate dream house • WaterSound Beach joy of a mile and a half of private deeded beach access • Amenities include expansive boardwalks, pedestrian bridges, natural walking trails, parks, pools, fitness center, and community rooms
Offered at $699,000
800.359.0748 EXT. 2978
74 | FALL 2017
LETTER FROM THE PUBLISHER
WaterColor F L O R I D A
LUXURIOUS WATERCOLOR RESIDENCE AT THE PRESTIGIOUS ADDRESS OF PARK ROW L ANE
800.359.0748 EXT. 2958
76 | FALL 2017
11 Park Row Lane
WATERCOLOR
water color
Sophisticated luxury residence prominently situated Gulf-side in WaterColor, Florida • Offers three stories of extraordinary living space, • Sleek modern five-bedroom residence overlooking the Gulf • Just steps to the beach and Watercolor Beach Club • Bordered by state lands and Western Lake, the exclusive and private south of 30A location • Stunning marble atrium with two spacious guest suites and full bathroom on first level • Custom-built bunk room offers kids their own retreat, complete with a full bathroom fitted with a jacuzzi and steam shower • Primary laundry room conveniently located on the first level • Custom showcase glass elevator or staircase to the second level • Spacious and open dining room, living area, bar, and chef’s dream kitchen • Large wet bar for entertaining includes two Edgestar wine coolers, mini fridge, and ice maker with plenty of storage • Impressive kitchen centers on an oversized marble island
BUILT IN 2013 3,911 SQ. FT. 5 BEDROOMS 4/1 BATHROOMS
CoastalLuxury.com | 77
11 Park Row Lane
78 | FALL 2017
• High-end finishes include a Thermador cook top and range hood, two Fisher and Paykel dishwashers, Thermador refrigerator/freezer, Thermador stacked ovens, dumbwaiter, built-in coffee station, and butler’s pantry • Open kitchen maximizes entertainment options • Retractable doors to enjoy the indoor-outdoor living and relax on the screened porch overlooking Western Lake and preserve lands • Third level study with custom built- ins and a full bathroom • Master suite occupies the full rear west side of the third level • Outdoor staircase leading up to the roof top deck with jacuzzi and great views of the Gulf • Master bath with double vanity, separate walk-in shower with rain head, two-person built-in Jacuzzi tub with its own television, and a three-sided custom fireplace imported from Europe • His and hers walk-in custom closets with built in shelving make in dressing area • Morning kitchen and a second laundry room complete them
Offered at $3,934,000
CoastalLuxury.com | 79
INCOME-PRODUCING WATERCOLOR RESIDENCE
800.359.0748 EXT. 2938
80 | FALL 2017
128 Needlerush Drive
WATERCOLOR
water color
Exquisite WaterColor home in the popular WaterColor lake district • Ideally situated close to Sand Hill Circle and the Frog Pool as well as Western Lake bridge • Established vacation rental income producer • Home trending to generate +$112,000 in annual income • First level open floor plan • Hardwood floors throughout • Main living room, dining room and master suite, complete with its own private bath that includes an upgraded double head shower, all conveniently located on the first level • Upscale kitchen — chef’s dream with granite counter tops and new appliances, including a Wolf range and Bosch dishwasher • First level large mud room equipped with a washer, dryer, and shower • Second level with two additional bedrooms and bathrooms and bunk room • Spacious additional sitting area at the top of the stairs • Nicely equipped carriage house • Enclosed double parking • One bedroom, one full bath in guest house
Offered at $1,731,000 BUILT IN 2006 3,2746 SQ. FT. 5 BEDROOMS 4/1 BATHROOMS
CoastalLuxury.com | 81
LUXURIOUS WATERCOLOR RESIDENCE PROMINENTLY SIT UATED ON THE PARK
800.359.0748 EXT. 2918
82 | FALL 2017
73 Sand Hill Circle
WATERCOLOR
water color
Exquisite WaterColor home overlooking Sand Hill Park • Directly on the park across from the Frog Pool • Newly renovated five-bedroom, four-bathroom home • Open floor plan, spacious for large groups • Entrance to home welcomes expansive view of the kitchen, living, and dining area
• Delightful kitchen ideal for gourmet chefs and entertainers alike • Two granite islands equipped with stainless steel appliances and a walk-in pantry • A study with functional custom built-ins • First level master suite and en suite bathroom • Four bedrooms on second level • Impressive kids’ wing on second level • Two additional master suites and bathrooms also located on the second level • Established rental income property • Home projected to generate +$140,000 in annual rental revenue • Large outdoor entertaining area with an outdoor shower and fireplace
Offered at $2,155,000 BUILT IN 2008 3,454 SQ. FT. 5 BEDROOMS 4 BATHROOMS
CoastalLuxury.com | 83
Grayton Beach F L O R I D A
UNSURPA SSED UNOBSTRUCTED VIEWS OF THE GULF
800.359.0748 EXT. 3158
80 Hotz Avenue gr ay to n be a ch
Exceptional site with unobstructed views and private pool
• “A Wave From It All” is one of the premiere Gulf front homes • In the iconic Grayton Beach community • Unobstructed western views • Multiple floor deck spaces perfectly situated to catch the sunset over sand and sea • Incredible location with the beach right out the front door • Large bedrooms with custom-built furnishings and a tasteful Grayton beach style • Private pool • Elevator to all four floors • Billiard and game room • Water views in every direction • Established vacation rental with rental history of over $215,000 per year in rental income, and projections of $225,000 for 2017 • Rental history is available upon request
Offered at $3,499,000 3,982 SQ. FT. 6 BEDROOMS 4/1 BATHROOMS
GRAYTON BEACH
B LU E
88 | FALL 2017
The Retreat
M O U N TA I N
B E AC H ,
F LO R I DA
Homesite 64 Antigua Lane
THE RETREAT
th e retre at
An exceptionally situated homesite just steps to the beach within the exclusive, gated community of The Retreat • Located in the secluded and gated community of The Retreat • Rare opportunity for a future beach house with Gulf and lake views • The Retreat community in Blue Mountain Beach — highly sought-after and prestigious Gulf-front community • Nearly 3,000 feet of pristine beach-front living • The Retreat neighbors and accesses Draper Lake, a 28-acre private coastal dune lake • Conservation easement never to be constructed upon in preservation of the dune landscape
• Spectacular Gulf-front Beach Club as well as community dock on Draper Lake • Just steps to the community deeded beach access • Conveys with house plans by architect Matthew Savoie • The Retreat is an exclusive and rental restrictive community
Offered at $690,000
800.359.0748 EXT. 2738
Miramar Beach F L O R I D A
90 | FALL 2017
MIRAMAR BEACH
Lot 19 Paginet Way M i r a m ar
Be a ch
Just four tiers from the Gulf in Avalon Estates • Exceptionally situated homesite • Just a few hundred yards to the private, deeded beach with dune walkover • An exceptional property for a future beach house! • Outstanding beach, pool, tennis and shuffle board amenities • No thru traffic
Offered at $385,000
800.359.0748 EXT. 1868
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BB&T Home Mortgages n Fixed and Adjustable Rate n Jumbo n Construction/Permanent n First-Time Homebuyer Programs n Government, USDA, and State Housing Programs
Jean Jackson Crews Mortgage Loan Officer 850-460-3080 JJCrews@BBandT.com NMLS# 595305
B A N K I N G
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I N S U R A N C E
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I N V E S T M E N T S
Branch Banking and Trust Company is a Member FDIC and an Equal Housing Lender. Loans are subject to credit approval. Only deposit products are FDIC insured. © 2016, Branch Banking and Trust Company. All rights reserved.
113 Los Angeles Street
FRANGISTA BEACH
fr a ngista
be a ch
Excellent cash flow opportunity in Frangista Beach • Established vacation rental machine • Situated just steps to the beach in a prime location • Within the popular Gulf-front community of Frangista Beach • Near the heart of Destin • Frangista Beach boasts over 1,100 feet of deeded beach & two deeded walkovers • Fully-furnished • Private pool • First floor houses guest quarters • Bonus living space with kitchen • Second level open living & dining area with fully-equipped kitchen • French doors open from the living • Charming decks that extend the width of the home • Third level hosts two master suites • Private decks overlooking the pool • An additional sleeping area on the fourth level • Incredible Gulf views • Strong rental history of +$100,000
Offered at $995,000 BUILT IN 2005 3,250 SQ. FT. 6 BEDROOMS 5 BATHROOMS
800.359.0748 EXT. 2838
PREMIER VAC ATION RENTAL IN DESTINY BY THE SEA
800.359.0748 EXT. 3118
94 | FALL 2017
4789 Ocean Boulevard
DESTINY BY THE SEA
destin y by the se a
Premier vacation rental machine with an established rental history • Carefully laid out to accommodate large groups in luxurious fashion • Rooftop deck with incredible Gulf views • Large, open gathering spaces • Elevator • Incredible detail throughout the home • First-floor billiard and foosball room lead out to the pool for a crowd-pleasing recreation area • In the private gated community of Destiny by the Sea • Neighborhood beach access conveniently located just a few houses down • Bunk room with sleeping space for up to six and a full bath with shower • Bunk room leads out to the pool area • First floor laundry area great for pool or beach towels • Expansive living room and kitchen • Gourmet kitchen offers all the bells and whistles a home chef could desire
Offered at $2,750,000 BUILT IN 2012 4,273 SQ. FT. 7 BEDROOMS 7/1 BATHROOMS CoastalLuxury.com | 95
SIGNIFICANT SALES IN 2017'S FIRST HALF BY
COASTAL LUXURY CO REASTA SO BOPRESL LU LD TH ENT XUR $6 SIDE ING Y ,30 S
CO REASTA SO THPRESL LUX LD E SE ENT UR $4 LLE ING Y ,75 R
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ONE OF A KIND GULF FRONT RESIDENCE
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SPANNING AN IMPRESSIVE 100 FEET ON THE GULF
87 GREEN STREET, SEACREST
59 AUBURN DRIVE, GRAYTON BEACH
CO REASTA SO BOPRESL LU LD TH ENT XUR $2 SIDE ING Y ,60 S
CO REASTA P SO BO RESLE LUX LD TH NT UR $2 SIDE ING Y ,37 S
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LUXURIOUS WATERCOLOR RESIDENCE ON PARK ROW LANE 51 PARK ROW LANE, WATERCOLOR
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GULF-FRONT BEACH HOUSE ON 30A CLOSE TO ALYS BEACH 8696 E. CO. HWY 30A, 30A EAST END
Iandt waspurchases a pleasure to represent both sellers and buyers on their sales Ibeach f you have interest in selling your of exceptional and exquisite beach properties that property this season, we would define the architectural beauty and coastal elements of our area.
be so delighted to hear from you.
TA K E
T H E
Road Less Traveled A N D
D I S C O V E R
THE SIMPLE