WSJ News Exclusive | Beachfront Home on Florida’s Emerald Coast Fetches $18.25 Million in All-Cash Deal

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WSJ News Exclusive | Beachfront Home on Florida’s Emerald Coast Fetches $18.25 Million in All-Cash Deal
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A buyer paid $18.25 million in cash for a beachfront property on Florida's Emerald Coast. It is the most expensive home to ever sell in Seagrove Beach.

Amenities include heated chaise longues and a fitness area.The home received multiple offers in the last few weeks, according to Mr. Jackson. The McDowells went with this one, Mr. Spears said, because it offered a seven-day closing with no contingencies.The six-bedroom, roughly 9,000-square-foot house is whitewashed with Cycladic architecture inspired by homes on the Greek Islands. Amenities include a home theater, a fitness area, a sauna, a fourth-floor barroom and an elevator.

So far this year, the average home sales price in Seagrove Beach is $2.956 million, up from $1.999 million for 2021, according to Mr. Spears.

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