February Interactive Residential Real Estate Report

Volume II | 2022

Monthly Interactive Residential Real Estate Report

30A INTERACTIVE MAP BREAKFAST POINT EAST MAKING PROGRESS PENDING & RECENT SALES CELEBRATING MARDI GRAS ALONG THE GULF COAST

WATERFRONT PANAMA CITY BEACH ESTATE NEW O R I G I N S OPPORTUNITIES WHAT OUR CUSTOMERS ARE SAYING ABOUT US 2021 ANNUAL REAL ESTATE MARKET REPORT

3730 Preserve Bay Blvd.

Panama City Beach, FL

COMMUNITIES ALONG

CLICK ON THE ALL AVAILABLE PROPERTI

Choctawhatchee Bay

Miramar Beach

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98

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Sandestin

Sandestin Golf and Beach Resort Topsail Hill Preserve State Park

331

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Santa Rosa Beach

98

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Dune Allen

98

83

28

Santa Rosa Beach

Blue Mountain Beach

Grayton Beach

Watercolor

S

Gulf of Mexico

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G THE 30A CORRIDOR

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E TO VIEW IES IN EACH COMMUNITY

394 394

394

Choctawhatchee River Wildlife Management Area

98

83

395

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Point Washington Wildlife Management Area

Seaside

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98

Seagrove

WaterSound West Beach

WaterSound Beach

Deer Lake State Park

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WaterSound Origins & NatureWalk

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Camp Creek Golf Club

Alys Beach

Seacrest

Rosemary Beach

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98

Inlet Beach

98

BESTOFEMERALDCOAST.COM | 3

NEW CONSTRUCTIO NOW IN WATERS ARTIST RENDERING OF FRONT VIEW

ARTIST RENDERING OF REAR VIEW

235 Needle Cast Ln (Lot 16) | WaterSound Origins 4 BD | 4.5 BA | 3,089 Sq. Ft. | 1,027 Sq. Ft. - Covered Decks

Offered at $1,855,000 NEW CONSTRUCTION! This Custom Home in WaterSound Origins is exquisitely located in a quiet cul-de-sac in one of the most highly desirable spots in the community. Enjoy the outdoors with 1,027 Sq. Ft. of Covered outdoor Living area featuring Cumaru decking! This upgraded home features 10 ft. Ceilings & Hardwood flooring throughout, Open Floor Plan, professional grade Stainless Steel Appliances and much more.

On the First Floor is the Master Bedroom which overlooks the Pool and luxurious Cabana.

The Master Bath comes equipped with a Dual Vanity, Garden Tub, separate Shower and an expansive Walk-in Closet. Throughout all Bathrooms and Kitchen area you’ll find finishes from top names such as Thermador, Bosch and Pfister.

Upstairs there are 3 Guest Bedrooms and 3 Full Bathrooms, an oversized Loft Area and a gorgeous outdoor Balcony. As you walk out from the Dining area you’ll be transported to an oasis. Catch some rays on the Pool’s Tanning Deck, then cool off in the Pool, or relax in the Spa! The cabana, with its built-in outdoor Fireplace, is perfect for entertaining guests of all ages.

This home and its incredible features are ready for year-round enjoyment.

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ON OPPORTUNITIES SOUND ORIGINS! ARTIST RENDERING OF FRONT VIEW

ARTIST RENDERING OF REAR VIEW

137 Needle Cast Ln (Lot 22) | WaterSound Origins 4 BD | 4.5 BA | 3,293 Sq. Ft. | 1,416 Sq. Ft. - Covered Decks

Offered at $1,975,000 NEW CONSTRUCTION! This Custom Home in WaterSound Origins is located in one of the most highly desirable spots in WaterSound Origins. It includes 3,293 Sq. Ft. of Heated and Cooled with an ADDITIONAL 1,416 Sq. Ft. of COVERED Outdoor Living Area featuring Cumaru decking! This upgraded home features 10 Ft. Ceilings and Hardwood flooring throughout, Open floor plan, Professional grade Stainless Steel Appliances and much more. The First Floor features expansive Living and Dining areas off of the Kitchen, a Powder Room and a Full Junior Master Suite. Throughout all Bathrooms and Kitchen area finishes from top names include Thermador, Bosch and Grohe.

The Master Bedroom, on the Second Floor, overlooks the luxurious pool. The Master Bath comes equipped with a Dual Vanity, Garden Tub, a separate Shower and an expansive Walk-in closet. In addition, there are 2 Guest Bedrooms and 2 Full Bathrooms, an oversized Loft area and a gorgeous outdoor Balcony. The amazing backyard includes a Tanning Deck, Pool, and relaxing Spa.

BESTOFEMERALDCOAST.COM | 5

3730 Preserve Bay Blvd

5 Bdrms | 6 Full Baths | 3 4 Car Garag

Offered at $

Villa Chimera - a mansion crafted af

Perched along the shores of the mesmerizing West Bay waters on the Northwest Fl Palladian villas of the Veneto in Italy, this residence was years in the making from plann modern construction. This property presents a rare opportunity to purchase not on experiencing unprecedented

CLICK HERE for a Tour of th

6 | BESTOFEMERALDCOAST.COM

d. | Panama City Beach

3 Half Baths | 9,473 Sq. Ft. ge | 3 Acres

$9,975,000

fter Palladian architecture of the Veneto

lorida Gulf Coast, the Villa Chimera evokes an imperial aura. Inspired by the classic ning to construction and boasts an architectural integrity and authenticity rarely found in nly a luxury estate, but a work of art nestled in an area of Northwest Florida currently d demand and rejuvenation.

his MAGNIFICENT Mansion!

BESTOFEMERALDCOAST.COM | 7

1467 Caribe Dr. | Caribbean Isles | Navarre Beach 3 Bdrm | 3/1 Bath | BUNK ROOM | 2,216 SF OFFERED at $1,500,000 An enchanting home set directly on the Santa Rosa Sound, with panoramic views, over a mile of untouched Conservation Beach to the East and views of the Gulf! Breathtaking views encompass every level of this home, each with their own unique perspective. Enjoy your own private beach right in your backyard on the serene waters of the Santa Rosa Sound. This home features a private, recently renovated, boat dock and boat lift. Stepping in, you'll first notice the modern styling, tile flooring throughout the home and 10 foot ceilings. On the top level, the Southernly facing guest bedroom features a private balcony with Gulf views and a full bathroom. On the North side, the enormous Master Bedroom creates the illusion that you're perched right above the Sound. Pure bliss is awakening to the sun, as the light dances over the vast untouched acres of white sandy beach, rolling dunes and the Sound, right from your own bed. The Master Bathroom is professionally appointed with two vanities a resort style shower, and two walk-in closets.

D

TE UC R T S! BS EW O I UN V

Caribbean Isles is an exclusive gated beach community, with tennis courts, underground utilities, a pool & cabana. Navarre Beach is one of the last areas with the "Old Florida" appeal and a fantastic place to live and own a piece of paradise as either secondary/investment or primary home. Navarre Beach has miles and miles of white sandy, crowd free beaches and stunning emerald hued waters.

8 | BESTOFEMERALDCOAST.COM

265 Artesian Way | Watersound Origins 4 Bdrm | 3 Bath | 2,214 SF OFFERED at $949,000 Exquisite 4 Bedroom home located in the secluded Winter Garden section of WaterSound Origins! This home boasts 10 Ft. Ceilings throughout, Hardwood floors and Stainless Steel appliances. Entering through the front door, you'll find a Guest Bedroom on your right. The home then opens up into the luxurious and Open Dining and Kitchen areas. Plenty of room for a large dining table and the Kitchen Island provides more seating opportunities, ideal for entertaining. Flowing from the kitchen, you'll then enter the large Living area. Opening the French door to the private Screened-in Back Porch creates a masterful ambiance where one can transport and stay connected with the Dining, Kitchen and Living areas. The Master Bedroom has been situated in the rear of the home to take full advantage of the beautiful green space. The Master Bathroom features Tile floors, Dual Vanities and an elegant Shower.

The spacious 2 car garage features additional storage space in the attic above. A private outdoor shower, conveniently located next to the garage.

-IN ED CH N R E RE K PO C S AC B

Watersound Origins homeowners are able to access the fitness center and seasonally heated community pool, as well as dock access at neighboring Lake Powell. Enjoy breakfast or lunch at the Watersound Cafe, located at the Village Commons. Watersound Origins also connects to the Panama City Beach Conservation Park via a 5-mile long trail. Watersound Origins offers plenty of options for the nature and beach lovers alike!

BESTOFEMERALDCOAST.COM | 9

7709 Gulf Blvd. | Navarre Beach 3 Bdrm | 3 Bath | 2,329 SF OFFERED at $1,250,000 A truly stunning Gulf Front Townhome on Navarre Beach, with an elevator! The quintessential beach home, with tile floors throughout, sandy feet are no problem here. Featuring 3 bedrooms and 3 full bathrooms, a large Kitchen, and Living area, as well as multiple outdoor living areas, ideal for taking in the beautiful scenery and weather the Emerald Coast has to offer. Traverse over the white sandy dunes on the boardwalk down to the immaculate beach. On the third level, there is a North facing Guest Bedroom and Full Bathroom as well as the Master Suite, perfectly situated facing the Gulf of Mexico. In the Master, you are blown away by the views and the well-appointed Master Bath. On the main level is where a majority of the relaxing and entertaining will likely take place. There you will find the Living area, Kitchen and Dining area.

Off of the Living area, there is an expansive outdoor patio that gets ample amounts of sun throughout the day. Also on the main level is a Guest Bedroom a Full Bathroom and a Laundry room. The only thing this home is missing is you!

A'S R! ID PIE R O T FL GES N LO

LF AT'L GU D N RE! N O LA H IS EAS S

Navarre Beach is one of the last places with the old Florida feel and is home to Florida's Longest Fishing Pier. Enjoy crowd-free beaches, emerald green waters and miles of sugar white sandy beaches, walking & biking trails, a fishing pier, Gulf Island National Seashore to the west, and county-owned park to the east for the ultimate in privacy and leisure.

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SEE WHAT OUR CUSTOMERS HAVE TO SAY ABOUT US.....

Purchased a Home on Navarre Beach

Sold a Condominium on Navarre Beach

December 2021

December 2021

“Chris was awesome to work with and I would recommend him to anyone!”

“The Marketing & Sale of my Condo was handled with me being out of state, and Closing was handled while I was out of the Country. Amin &

Purchased a Home in Ventana Dunes December 2021 “Thank you Amin & Diana! We had a wonderful experience with you. We appreciate all of your patience with this transaction.”

Sold a Home in Blue Gulf Resort December 2021 “Amin and his team are true professionals! Great experience!! Thanks Amin & your whole team!

Purchased a Homesite in the Cottages at Seagrove December 2021 Our buying experience was a "smooth transaction" and our realtor "communicated with me every step of the way. "Thanks for all your help!"

Purchased a Home in WaterSound Origins December 2021 "Arif was excellent at communicating with us and making us feel comfortable during the entire process."

Purchased a Home on Navarre Beach

Chris kept me informed and details were handled very well! Thank you, Amin & Chris!"

Purchased a Home in WaterSound Origins December 2021 “Arif made the process easy, gave wise counsel".

We "enjoyed the experience, consider Arif a valued friend. He was very engaging and honest."

Purchased a Condo in Seagrove Highlands December 2021 "Diana is the best! She is extremely responsive and proactive. We enjoyed working with her."

Purchased a Home in WaterSound Origins November 2021 “We have never worked with anyone better than Amin, Chris and rest of them. Top notch group.

Very professional." They were a "Wonderful team that always stays on top of everything and communicates it well & timely."

Sold a Home in Hidden Creek in Navarre

December 2021

November 2021

We are "Very Happy" with our purchase and our Realtor was a "great person, knowledgeable and helpful all the way."

and Chris are wonderful to work with!"

We were Very Happy with our sale and "Amin

BESTOFEMERALDCOAST.COM | 11

MEET THE GROUP

With over twenty years of experience in the Northwest Florida real estate market, the Delawalla Group offers a proven track record of real estate expertise, earning the status of a top producing team. Our years of experience and business savvy allow us to set the stage for transaction from start to finish. Happy customers with their toes in the sand is our goal!

Amin Delawalla

Chris Stob

Arif Delawalla

Realtor

Realtor

Realtor

Team Leader

Retired Military

Luxury Specialist

Berni Adelson

Diana Graves

Ed Deneau

Realtor

Realtor

Realtor

Luxury Specialist

Luxury Specialist

Luxury Specialist

Ryan Fayan

Braden McBrayer

Eva Delawalla

Business

Marketing

Marketing

Coordinator

Coordinator

Coordinator

CLICK HERE TO VIEW OUR ANNUAL REAL ESTATE MARKET REPORT FOR 2021 DIVE INTO THE NUMBERS TO LEARN WHAT PRICES ARE GOING HIGHER THAN OTHERS, WHAT AREAS ARE SELLING MORE, AVERAGE SOLD PRICE PER AREA, PRICE PER SQ. FT, AVERAGE DAYS ON THE MARKET, AVERAGE INVENTORY PER MONTH & MORE!

12 | BESTOFEMERALDCOAST.COM

FEBRUARY IS MARDI GRAS MONTH ACROSS THE EMERALD COAST! SEE WHERE WE CELEBRATE! If you live or have visited our area you'll know we take Mardi Gras seriously and celebrate not only the day but the entire season, Carnival season, which begins on the Twelfth Night and ends on Fat Tuesday.

The original Mardi Gras began in the city of Mobile, Alabama in 1703. Mardi Gras means "Fat Tuesday" in French, meaning it's the last night of eating rich, fatty foods before fasting during the Lenten season.

Parades and celebrations can be found scattered across the Gulf Coast. Here are just a few for you to consider to take in the revelry and celebration of getting back to normal!

PANAMA CITY BEACH PANAMA CITY BEACH MARDI GRAS AND MUSIC FESTIVAL When: Friday, February 11 & 12, 2022 Where: Pier Park - 600 Pier Park Dr.

To find out where to park, where the parade begins, click here and click on the "Parade application" tab.

PENSACOLA BEACH KIDS AND KRITTERS 2022 PARADE When: February 19, 2022 Where: Route will be in the Casino Beach Parking Lot across from Sidelines

KREWE OF WRECKS 2022 MARDI GRAS PARADE When: February 27, 2022 Where: Palafox St. Time: 2:00 - 4:00 pm Click here for details on both events!

DESTIN When: February 26, 2022 Where: Destin Harbor Time: 2:00 - 5:30 pm They're going all out to celebrate Mardi Gras on the Harbor this year with Live Music, street performers, the parade, floats, beads and much more!

Click here for the entire schedule and map of the venue.

For more

NAVARRE BEACH

click here!

When: Saturday, February 19, 2022 Time: 1:00 - 3:00 pm Get on the beach early before the Navarre Beach Causeway is closed to traffic.

information

To learn more about Mardi Gras, it's origins and meanings click here.

BESTOFEMERALDCOAST.COM | 13

PANAMA CITY BEACH

WATERSOUND ORIGINS

DESTIN

3 BD | 2 BA | 1,670 SF

3 BD | 3 BA | 1,984 SF

3 BD | 3/1 BA | 1,870 SF

Enjoy this beautiful single-story home, built in 2019, in the growing family-friendly community of Breakfast Point! Close to Shopping, Dining & the Beach!

Located in the Stillwater neighborhood, this 1 story "Eastport" plan features plenty of outdoor space with 2 covered porches and luxury features including quartz countertops & more!

Enjoy the Gulf views from this immaculate Top Floor unit in the Private and gated community of Aegean Condominiums located on Holiday Isle! Loads of amenities comes with ownership!

SALE PENDING!

SALE PENDING!

WATERSOUND ORIGINS

NAVARRE BEACH

NATUREWALK AT WATERSOUND ORIGINS

3 BD | 3 BA | 2,020 SF UNDER CONSTRUCTION! The "Bayleaf" plan comes with high end features including a interior fireplace upgrade, stub and pad for gas grill, quartz countertops, LVP flooring & more!

3 BD | 3 BA | 2,329 SF

3 BD | 3 BA | 2,320 SF

Stunning Gulf Front Townhome on Navarre Beach, with an elevator! The quintessential beach home with tile floors throughout... sandy feet are no problem here! Enjoy the Gulf views from your private front row seat!

NEW CONSTRUCTION now complete with this bright and open "Marco" floor plan built

by Kolter Homes! Enjoy plenty of light with loads of large windows. A Bonus room can become either an office or gym, your choice!

SALE PENDING!

SALE PENDING!

$668,349 | SOLD JAN 2022

BEACH NEST

NAVARRE BEACH

SALE PENDING!

4 BD | 3/1 BA | 1,900 SF

.25 ACRE | 54' WATERFRONT

Professionally appointed, Fully Furnished

The Perfect Waterfront homesite overlooking

home located just north of 30A. Features an

the Santa Rosa Sound! Substantial amount

Open Floor Plan and gorgeous hardwood

of Sand added along with new seawall and

floors

rip rap. Water Tap Fee paid!

$870,000 | SOLD JAN 2022

$549,000 | SOLD JAN 2022

14 | BESTOFEMERALDCOAST.COM

GULF SHORE MANOR LOT DIMENSIONS: 50' X 135' Enjoy BEAUTIFUL Gulf views with from this premium homesite located less than 750 Ft. from the Santa Clara Beach Access located in the heart of Seagrove Beach! $750,000 | SOLD JAN 2022

ST. JOE COMPANY ANNOUNCES PROGRESS ON BREAKFAST POINT EAST IN PANAMA CITY BEACH PANAMA CITY BEACH, Fla.--(BUSINESS WIRE)--The St. Joe Company (NYSE: JOE) (“St. Joe”) announced development progress on the Breakfast Point East community in Panama City Beach, Florida. This new community is planned for more than 700 homesites to be developed in multiple phases. Site work is currently underway on the community’s first phase which is planned for 235 homesites. This residential community is part of a larger mixed-use, planned development that is also approved for 440 multi-family units, 160,000 square feet of retail space, 75,000 square feet of office space and 750 hotel rooms. The development’s first hotel, a 131-room Homewood Suites by Hilton, is currently under construction and is anticipated to open in spring of 2022.

The Breakfast Point East community is being developed adjacent to the existing Breakfast Point community, a sold out 449-homesite development by St. Joe. The new community’s initial phase is planned to feature open space, neighborhood parks and access to Gayle’s Trails, a paved trail system that connects to the region’s larger trail network. The location is near Panama City Beach’s shopping and dining, the area’s white-sand beaches, local schools and the state-of-the-art Panama City Beach Sports Complex. Planned future

phases of the Breakfast Point East community will connect to Chip Seal Parkway.

“The Breakfast Point community has attracted homebuyers who want to live in a primary home community that is close to everything that makes Panama City Beach such a special place to call home,” said Bridget Precise, Senior Vice President of Residential Real Estate for St. Joe. “With the Breakfast Point East community, we aim to build upon that success. Two homebuilders already have homesites under contract and are eager to begin building to meet the ongoing demand in the market. Additional homebuilders are anticipated to be added to this and future phases.”

Site work on the first phase began in 2021. The first homesites were completed and closed in December 2021. The remaining homesites in the first phase are anticipated to be completed and closed in 2022.

BESTOFEMERALDCOAST.COM | 15

With our 20+ years of local Real Estate experience, The Delawalla Group is dedicated to a “customer first” approach OUR MOST RECENT ACCOLADES INCLUDE: Top Producing Team at Berkshire Hathaway-Beach Properties of Florida Top 1/2% of ALL Berkshire Hathaway Agents Worldwide Top 25 of ALL Berkshire Hathaway Teams Worldwide Top 1/2% of ALL Agents along the Emerald Coast

OVER $96 MILLION IN SALES IN 2021 IN THE LOCAL AREA

T h e D E L AWA L L A G R O U P 850.225.9899 | Amin@BestofEmeraldCoast.com BestofEmeraldCoast.com

Berkshire Hathaway Home Services Beach Properties of Florida 6652 E. Co. Hwy 30A, Ste. 110 WaterSound Beach, FL 32461

Amin Delawalla Team Leader

Chris Stob

Berni Adelson

Diana Graves

Arif Delawalla

Ed Deneau

©2022 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. Equal Housing Opportunity.