DECEMBER 2021 | ISSUE 144
Here's the Latest

For those of you who closely follow the local real estate market, we just wanted to keep you up to date on the real estate market for Gulf Front, Gulf View, and other foreclosures in our area that you can always find on our website. Click the links below to view our updated list of foreclosures. Not looking for a foreclosure? Feel free to create a customized search, or browse our site to view all properties that are currently on the market.




Profile of Florida International Buyers

The Florida Association of Realtors has released the 2021 Profile of International Real Estate Activity. The one-year report shows activity from August 2020 through July 2021. During this period tourist arrivals to the United States totaled 13.8 million, a decline of 83% compared to the level during the same period prior to the pandemic in 2019.

Here are some highlights from the 2021 report:

$12.3 Billion Dollar volume of Florida’s existing homes purchased by foreign buyers during August 2020–July 2021, which is 5% of the dollar volume of Florida’s existing home sales (22% decrease from the prior 12-month level of $15.6 billion) 

22,500 Number of existing homes purchased in Florida by foreign buyers, which is 4% of existing-home sales (34% decrease from the prior 12-month period level of 33,900) 

71% Share of foreign buyers whose primary residence is abroad

$347,300 Foreign buyer median purchase price

66% Foreign buyers who paid all-cash (39% among all U.S. foreign buyers)

72% Foreign buyers who intended to use the property for vacation or long-term rentals

Florida’s top 5 foreign buyers

  1. Canada ($1.8 B)
  2. Argentina ($0.9 B)
  3. Colombia ($0.8 B)
  4. Brazil ($0.7 B)
  5. Venezuela ($0.4 B)

Top foreign buyer destinations

  1. Miami-Ft. Lauderdale-West Palm Beach (52% of foreign buyers)
  2. Orlando-Kissimmee-Sanford (10%)
  3. Tampa-St. Petersburg-Clearwater (8%)
  4. Cape Coral-Ft. Myers (5%)
  5. North Port-Sarasota-Bradenton (4%)
  6. Naples-Immokalee-Marco Island (4%)

Tourist arrivals to the United States are rising but are still slow due to the travel bans and advisories in many countries regarding inbound and outbound entry and quarantine regulations. This increase should have a positive impact of foreign buyer activity.
Gorgeous Gulf views from this quiet beachside townhome!

Take in the stunning Gulf views from this townhome in Destin! The first floor features an open concept design with the living, dining, and kitchen area flowing together. A half bath is situated under the stairs. Upstairs is the spacious master suite with a beautiful attached bath, and wall of glass doors that maximize your Gulf views and give you access to the large balcony. The guest suite is also spacious and is situated right next to the full hall bath and laundry closet. With only 8 townhomes in this community you're offered quaint and quiet beach living. The gated beach access is shared with neighbors at Chateau La Mer and gives you 200 feet of beautiful beach frontage. With excellent rental potential, this residence would make a fantastic investment property! Welcome to Paradise!
Beautiful three-story townhome by the beach!

Live the beach life in this end-unit, three-story townhouse across the street from the beach! Each floor has a bedroom and full bath, giving your guests plenty of space and privacy. The third-floor master suite is like an apartment of its own with a spacious seating area, sleeper sofa, wet bar, and private balcony where you can enjoy the sea breeze. You'll find the main living area, kitchen, dining, and guest suite on the second floor, which also features a spacious balcony – a great place to sip your morning coffee! The first floor features another master suite with a private patio. Beach Pointe is a great place to own with a community pool, and a private beach access just steps away. This home would make a lovely second home or investment property. Paradise!
You never really know the true impact you have on those around you. You never know how much someone needed that smile you gave them. You never know how much your kindness turned someone’s entire life around. You never know how much someone needed that long hug or deep talk. So don’t wait to be kind. Don’t wait for someone else to be kind first. Don’t wait for better circumstances or for someone to change. Just be kind, because you never know how much someone needs it.
–Author Unknown