CUSTOM HOMES

The custom home collection at Admirals Cove is made up of single family waterfront, non-waterfront and golf-view residences. Waterfront lots boast at least 100 feet on the water, and can accommodate vessels that range from 70 to 120+ feet. Custom homes range in size from approximately 3,000 square feet to 25,000+ square feet.

Q4 Summary: Custom Homes

Transaction volume was down -80% YOY for the fourth quarter of 2022, dropping from 10 sales in Q4 2021 to 2 sales in Q4 2022.

Total sales value* was down -73% YOY, decreasing from $65.6M in Q4 of 2021 to $17.4M in Q4 of 2022.

PPSF was up +42% in Q4 YOY, increasing from $1,037 PPSF in Q4 2021 to $1,477 in Q4 2022.