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ResortQuest® Real Estate Announces New Condominium Development on Okaloosa Island
Leading Northwest Florida real estate company announces first Gulf-front pre-construction ownership opportunity on Okaloosa Island in 10 years.
Fort Walton Beach, Fla. (April 6, 2016) – ResortQuest® Real Estate, a real estate leader in Northwest Florida for over 38 years, today announced Okaloosa Island’s newest luxury condominium development, “blu”, an upscale coastal contemporary development expected to break ground in 2016.
This six-story condominium complex will offer 47 private residences overlooking 300 feet of sugar-white sand beach, tucked away on Okaloosa Island behind a private, gated entry. Property amenities will include two Gulf-front pools (one heated), as well as a jetted hot tub, a fitness center, and covered parking spaces. Residences interior appointments will range from quartz countertops and high-end kitchen appliances to crown molding in the living areas and master bedrooms, porcelain tile flooring
throughout the living, bathroom and kitchen areas with plush carpeting in the bedroom areas, plus up to 10-foot deep private terraces.
“We are extremely excited to begin marketing the first Gulf-front condominium development on Okaloosa Island in the last decade,” said Carmela Bell, broker, ResortQuest Real Estate. “This is a rare pre-construction opportunity to purchase
impeccably appointed condominium residences with gorgeous views of the Gulf. I anticipate sales to thrive with the contemporary twist on coastal living blu provides, unlike any other opportunity currently offered along the Emerald Coast.”
“As one of the last remaining vacant Gulf-front sites on Okaloosa Island—with its close proximity to Destin, Florida, and nearby restaurants and attractions—the value in developing this land was clear,” said Randy Moore, managing partner, CrossGate
Partners, LLC. “While the building and grounds will be aesthetically beautiful and offer exceptional amenities, the solid concrete and steel construction will help drive value in the future for interested buyers. We designed the development around the growing market demand with something that’s unique in price, size and style.”
“This development has been a dream come true after working over two years to acquire the property. Any buyer would truly be hard pressed to find the quality of our new construction, open floor plans, covered parking, and vast balcony areas that open directly to the Gulf, at our initial pre-development pricing. This is a unique opportunity for everyone involved so we are very excited with this project,” said Rick Olson, managing partner of Olson Land Partners, LLC.
Leading the sales and marketing efforts for blu are Cindy Blanton and Janette Klein, top sales associates from the ResortQuest Real Estate Team of more than 100 licensed REALTORS©.
Blu will offer four floor plans ranging in size from three to four bedrooms, spanning 1,837 up to 2,203 square feet, each with Gulf-front or coastline views. Prices will start in the mid $600,000s. For more information, visit ownblu.com, or call Cindy Blanton at 850-428-2306 or Janette Klein at 850-585-7872.
About ResortQuest Real Estate®
ResortQuest Real Estate, a division of Wyndham Vacation Rentals®, has been a real estate leader in Northwest Florida for over 38 years. ResortQuest Real Estate provides comprehensive real estate services, including residential and resort sales, long-term rentals, and property management. ResortQuest also offers vacation rentals and homeowner association management through Wyndham Vacation Rentals. Wyndham Vacation Rentals®, the world’s largest professional manager of vacation rental properties providing access to more than 108,000 vacation rental properties in nearly 600 unique destinations worldwide, is part of Wyndham Destination Network and the Wyndham Worldwide family of brands (NYSE: WYN). For additional information, visit our media center or wyndhamvacationrentals.com. Wyndham Vacation Rentals also can be found on Facebook, Twitter, Instagram, Pinterest and Google+.
About the Developers
Crossgate Partners, LLC is a private real estate investment and development firm that invests, manages, and develops a diverse group of real estate products, including multifamily, retail, medical, luxury residential and mixed-use developments. In addition to blu, Crossgate has created distinct communities in Florida including Infinity, Longboat Key, The Next, Pensacola, Bay Street Village and Town Center, Osprey, and Madeira Bay, Madeira Beach. Crossgate Partners emphasizes teamwork, local market knowledge, and most importantly personal integrity. Crossgate Partners is led by Randy Moore and his 25+ years of experience in the world of real estate.
Olson Land Partners (OLP), is a private real estate investment and development firm that invests, manages and develops a diverse group of real estate products with it’s strategic investment partners throughout the Southeastern United States. Olson Land Partners is led by Richard Olson and his 35+ years of real estate development, marketing, and sales experience. With Mr. Olson at its helm, OLP is uniquely qualified to perform through its development experience including a unique understanding and proven capability of adding value to all property types. Mr. Olson has developed a wide variety of highly successful projects throughout his career, including: mid and high-rise waterfront condominium projects, retail centers, free standing restaurants, RV resorts, single family residential subdivisions, award winning master planned residential communities, student housing and senior living facilities. Olson Land Partners is also well known for their successful local condominium developments including Beach Retreat, Beach Resort, and Beach Retreat Cottages just to name a few.
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MEDIA CONTACT:
Sarah Bailey
Regional Marketing Director
ResortQuest Real Estate, Wyndham Vacation Rentals Gulf Region
(850) 301-3423
[email protected]
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