Gulf Place, February 2020 Condo Market Update

By
Real Estate Broker/Owner with PrimeSouth Properties

FREE February 2020 Real Estate Report

 

For Gulf Place, Santa Rosa Beach Prices

  

 

Are you curious about what your Gulf Place Property may be worth in today's market?

Here's an easy way to find out what properties like yours are selling for in today's market.

 

Plus: Get a free report with up-to-the-minute statistics based on all the properties for sale in Gulf Place over the last six months in all price ranges.

 

Visit: YourBucketListbroker.com

 

Or Contact Us Today for A FREE Market Analysis Of Your Property. 

 

 

Gulf Place is a fantastic subdivision in a great location along Highway 30a.  Its location right across from dedicated beach access and all the amenities make it a great subdivision for vacation or year-round living. 


The Numbers Month to Month and Year to Year


The median sales price for properties in Gulf Place as of mid-February was $325,000.    

Twelve (12) properties are currently on the market.  The average days on market is 49 days.  Price per square foot is $477,500. 


Nineteen (19) properties have sold over the last year.  The average size was just short of 800 square feet and they all had 1bedrooms.  Median price was $325,000.  The average days on market was 60 days. 


Gulf Place has new construction underway as we speak.  Over 50 new two and three bedrooms will be complete by this time next year.     These condo’s just hit the marketplace at the beginning of February and are listed just north of $500.00 per square foot.  Unfurnished.   


A few highlights of the current Gulf Place listings are shown below and represent a nice cross section of properties available, in contract and that have sold.

This Month’s Most Expensive


The most expensive listing is 95 Laura Hamilton Boulevard, unit 205.   Currently listed at $375,000 for 166 days.  It is a studio with one full bath.  I toured this property last week and it was nice, compact but a great location above the town center.  (call me to
schedule a showing).


This Month’s Least Expensive


The least expensive of all Gulf Place condos is listed at $289,525 for only 244 days. It is almost 600 square feet and priced at $565.00 per square foot.  This would be a great property for a first time property buyer or an investor looking for a rental property with positive cash flow. It has 0 bedrooms and 1 bath.  (
schedule a showing).




 

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Florida Walton County Santa Rosa Beach Gulf Place

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Rainmaker
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Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, CNE, CRS, ePro, PSA

Always good to be in the loop. Appreciate you sharing this with us!

Feb 12, 2020 11:17 AM #1
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Jim Crawford
Maximum One Executive REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Thank you for taking the time to compile and share this important market information.  This is professionalism at its best - by providing buyers and sellers information needed so they can make informed decisions.  Best wishes!

Feb 13, 2020 09:49 AM #2
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Rainmaker
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Peter Mohylsky, Beach Expert

TOP LISTING AGENT ALONG THE BEACH
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