Furnished property in Seacrest Beach listed for $18.5 million

  • Beachfront home in North Florida wants 83% more than its last sale price in 2020
  • Located in Seacrest Beach off Scenic Highway 30A
  • Asking price is $18.5 million, compared to previous sale price of $10.11 million
  • Pandemic-driven surge in home values in the Florida panhandle

A beachfront home in North Florida is making headlines as it hits the market for an astounding 83% more than its last sale price in 2020. Located in Seacrest Beach off Scenic Highway 30A, this furnished property is now asking $18.5 million, compared to its previous sale price of $10.11 million. The surge in home values in the Florida panhandle, driven by the pandemic, has contributed to this significant price increase. Listing agent Jonathan Spears of Compass is handling the sale.

Public Companies:
Private Companies: undefined
Key People: Don Felin (Entrepreneur), Vita Felin (Entrepreneur), Jonathan Spears (Listing Agent)

Factuality Level: 8
Justification: The article provides specific information about the sale price of a beachfront home in Seacrest Beach, Florida. The information is attributed to a listing agent, which adds credibility. However, the article lacks additional context or analysis, such as the reasons behind the significant increase in price or the current real estate market conditions in the area. Without this additional information, it is difficult to fully assess the accuracy and relevance of the article.

Noise Level: 7
Justification: The article provides information about a beachfront home in Florida that is being listed for a significantly higher price than its last sale. However, it lacks analysis or insights into long-term trends, antifragility, or accountability. It also does not provide evidence, data, or examples to support its claims. While it stays on topic, it does not offer actionable insights or solutions. Overall, the article contains some relevant information but lacks depth and rigor.

Financial Relevance: Yes
Financial Markets Impacted: Real estate market

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article pertains to the financial topic of the real estate market, specifically the sale of a beachfront home in Florida. There is no mention of any extreme event or its impact.

Reported publicly: www.wsj.com