The new construction, located at 115 Paradise by the Sea Boulevard along Florida's scenic Highway 30A, sold for a jaw-dropping $24 million. The total dwarfs the previous record of $16.90 million for a residential property - located in Alys Beach - which sold in 2020. A nearby home in Inlet, sold in November 2020 for a then-record $15.95 million.

Listing agent Beau Blankenship, described the frenzy that surrounded the Inlet Beach property - several offers were made before the house hit the market, and the deal closed mid-construction. As one of the highest producing advisors across Engel & Völkers Americas, Blankenship was thrilled to see the home sell at its record-setting price, saying, "It was a monumental sale and had a huge impact on our area.
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The ocean front property features immaculate floor to ceiling windows throughout, providing beautiful natural and incredible views from every room of the house. Built from all-concrete construction, the nearly 10,000 square foot home subtly balances strength and elegance, with property upgrades such as a full bar looking out toward the ocean, a full movie theater room, and an indoor gym.
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Although the home has enough features on its own, the location of the property is also a significant selling point. Taking its place along Paradise by the Sea Boulevard in Inlet Beach, the residential property is close in proximity to exclusive resort communities Rosemary Beach and Alys Beach. Residents and guests have access to world-class shopping and entertainment as well as some of the best fine dining establishments in the state.

The home is located within a secure gated community, creating a safe environment for residents and their visitors. With a three-car attached garage, there is plenty of space for storing everyday driving vehicles or collectibles.
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Overall, it is a property that justifies its lofty price tag. And for Blankenship Group and Engel & Völkers, it is a sale that will surely push them toward another banner year. Since 2017, Blankenship Group has done over $1 billion in sales - and over $550 million in contracts in 2021 alone. It is enough to make Blankenship Group the #1 team at Engel & Völkers Americas as well as the #1 team on 30A Beaches since 2017.

With properties like these, it will be no surprise to see new sales records fall in 2022 for Engel & Völkers and Blankenship Group.

Read the full article at https://finance.yahoo.com/news/highest-priced-home-florida-panhandle-120000846.html

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