Templeton Development Sells Gulf-front Residence In Alys Beach For $28 Million

A single-family residence located at 53 Sea Castle Alley in Inlet Beach, FL, has been sold for $28 million. This newly completed gulf-front home marks a record as the highest residential sale in the community’s history and ranks among the largest home sales ever recorded along Florida’s Emerald Coast.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $28,000,000
• Address: 53 Sea Castle Aly, Inlet Beach, FL
• Seller: Templeton Development
• Broker: Brad Dahler - Scenic Sotheby's International Realty
• Acquisition Cost of Homesite: $9,475,000 (2022)

The transaction was represented by Brad Dahler of Scenic Sotheby's International Realty, who facilitated the deal for the seller, Templeton Development. This sale is significant in the local market, reflecting the successful development and sale strategy employed by the seller over the past few years.