On March 02, 2017, 850 Properties sold 130 Sea Garden, in Alys Beach, FL for $5,650,000.00. This significant sale represents the highest priced sale in Alys Beach since 2015. The stunning home features 5 bedrooms, 5.5 bathrooms, 3,865 square feet, and is on the fourth row from the Gulf. This is the first home in Alys Beach, south of 30A, to sell this year, and the second to sell within the past calendar year (according to the local Multiple Listing Service.) Selling for $1,461.84/SqFt, it brings the average price per square foot in Alys Beach, for homes on the south side of 30A, to $1,242.40/SqFt. Looking at Alys Beach as a whole, there have been a total of 30 home sales in the past year. The average price per square foot for all of Alys Beach is $791.62. Additionally, this sale continues to keep 850 Properties as the top producing outside Brokerage in Alys Beach.
In an article written by Business Insider, it lists the most expensive zip codes in major US cities. The second most expensive area in the US is San Francisco, California, at $1,669/Sqft. Listed as the most expensive area in the US, New York, New York, at $2,829/SqFt. Based on the price per square foot, 130 Sea Garden would be 4th in the country, and Alys Beach would rank 8th in the country.
Alys Beach continues to show solid growth potential, and the majority of the the sales in Alys Beach are cash transactions. The last mortgage to be recorded was 08/31/2016. Additionally, the last Lis Pendens to be filed was 12/18/2013. This information goes to show that the growth of Alys Beach is not being over-inflated by borrowers utilizing other peoples money.
There are currently 13 active listings in Alys Beach. However, there are a few private listings as well ("pocket listings").
Follow the link below to view the active listings, or call Debbie directly to learn more about any available private listings: (850) 450-2000