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$41 million Gulf Front Sale Sets New Record

Dawn avatar
DawnBeach FanaticOther
2,289 views1


A luxurious home along Florida’s Gulf Coast sold for a record-setting sum — and it’s slated for demolition.


The oceanfront mansion left the market for $41 million on Monday. The sale marks the most expensive deal ever struck for a home in Florida’s Panhandle, the Wall Street Journal reported.


Land values in the northwestern swath of the state, bordered by Alabama to the north and Georgia to the east, have escalated rapidly in recent years. The massive deal surpassed the region’s previous record of $28.5 million, notched in 2024. That property, too, resided within Paradise by the Sea, and is more than double what a property in Alys Beach reportedly sold for in 2021 for $16.9 million.


Front view of 281 Paradise By The Sea, a record-setting mansion in the Florida Panhandle.
The Palladian-style home was constructed in 2001

Aerial view of two mansions, one traditional and one modern, along the coast of Florida's Panhandle, with white lines outlining the property of the traditional mansion.

The stunning record-breaker spans 0.7 acres across three parcels within the gated community of Paradise by the Sea. The neighborhood sits along the state’s picturesque Highway 30A in Walton County, and is among the Panhandle’s priciest enclaves.

Replies

5
Kurt avatar
KurtAdmin
#21
Not an April Fool's Joke. A $41 Million Dollar teardown.

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bentley williams avatar
bentley williamsBeach Fanatic
#4
What? About $275,000 per foot of beach?
Kurt avatar
KurtAdmin
#51
A little later that day ...

260401-seacrest-1101-sowal-2000.jpg

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