Real Estate

$25 million home sells in Miramar Beach, most expensive in the region

The Premier Property Group has announced the $25 million record-breaking sale of an expansive, compound-style Gulf front estate in Miramar Beach, Fla. The transaction of the 10.78-acre property (10181 US Hwy 98) – which is situated along Florida’s famed Emerald Coast – has set a new benchmark for the region as the highest price ever paid for a single-family […]

Jared Williams

The Premier Property Group has announced the $25 million record-breaking sale of an expansive, compound-style Gulf front estate in Miramar Beach, Fla.

The transaction of the 10.78-acre property (10181 US Hwy 98) – which is situated along Florida’s famed Emerald Coast – has set a new benchmark for the region as the highest price ever paid for a single-family home in the Florida Panhandle.

The property was previously sold in 2020 for $16.1 million, which broke the record at that time.

The current residence, known as the Pennington Estate, was originally built in 2000 as a vacation retreat for the Pennington oil family.

The home encompasses 13,230 square feet and features six bedrooms and eight full baths. In addition to 270 feet of beachfront, the property has sweeping, unobstructed views of the Gulf of Mexico and a private, winding drive flanked by foliage.

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Chris commented on ‘GENERATIONAL OPPORTUNITY’: Okaloosa County sets sights on Eglin AFB orphan parcels for development

“Thee is no such a thing as affordable housing for over half the people that live in this area. People can’t afford 300, 400 or 500k for a house. Build...”

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“That portion has been closed because of wild hogs destroying it, I believe”

Kevin Jones commented on ‘GENERATIONAL OPPORTUNITY’: Okaloosa County sets sights on Eglin AFB orphan parcels for development

“Got make up for the 10 mill purchase of the SS United States and getting fined 1k a day while it still sits in port”

Terence R Porch commented on ‘GENERATIONAL OPPORTUNITY’: Okaloosa County sets sights on Eglin AFB orphan parcels for development

“Follow the $. It's highly probable the developers have a military connection. And "affordable housing" is a sad case of smoke and mirrors.”

Richard Burkart commented on Okaloosa School District breaks ground on new Pineview School in Crestview

“Why not give the actual location of the new school, but from the little you gave on that point, I'm "assuming" that it will, like just about nearly every school...”

Hrntphxr commented on Twin Cities Hospital marks 45 years of growth with $46 million in recent improvements

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John commented on Florida acquires 2,483 acres for new Walton County state park

“It is amazing on one hand Walton county will purchase 2,000 acres for a state park and claim it is all about the enviroment amd protecting the Florida Black Bear...”

Max commented on Florida acquires 2,483 acres for new Walton County state park

“Here goes all our natural Woods & Wild Life . Next thing you know they'll be building Businesses. And Gas Stations . And Big Houses .”

Ernest L Anderson commented on Florida acquires 2,483 acres for new Walton County state park

“It would be nice to know where it will be located. What about designs and will it have primitive camping or a combination of RV sites. What, no artist rendition?...”

melissa forberg commented on Florida acquires 2,483 acres for new Walton County state park

“Can we get a more exact location of the park???”

$25 million home sells in Miramar Beach, most expensive in the region

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