SALES STATISTICS FOR ROSEMARY BEACH & COMPARABLE PROPERTIES IN ALYS BEACH

Being one of only two Gulf front, Founder's lots in Rosemary Beach, 24 S Briland Lane is truly unique because of its vast Gulf frontage allowing for privacy and unimpeded views from all living spaces, as well as its construction quality and captivating design and decor. In an effort to define value we have identified two comparable properties on significantly smaller, Gulf front lots in neighboring Alys Beach that have sold and pended in the last year.

The highest priced property under contract is 29 Sea Foam Alley that is potentially garnering a purchase price of $19.9M, or $4669/sq.ft. This home is only 4200 sq.ft. and offers approximately half the Gulf frontage of 24 S Briland Lane. 29 Sea Foam Alley sat on the market for 0 days and brought in an offer on its first active day on MLS.

23 Sea Foam Alley sold on 3/24/21 for $16.9M, or $3733/sq.ft. Applying a conservative 30% increase to this property due to the market increase, this values 23 Sea Foam Alley at $22M or $4852/sq.ft. This home only offers 35 ft. of Gulf frontage compared to the 115 ft. of Gulf frontage that 24 S Briland Lane offers.