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FOR IMMEDIATE RELEASE
New Development Piques Interest of Condo Buyers
Following the announcement of blu last month, local Realtors received an overwhelming response and were taking reservation deposits almost immediately. Local residents have been waiting for a new development like this for over a decade, and now there is a high demand for this new type of development. Residents can’t stop talking blu, so we wanted to share the latest information with our media partners.
Blu: Okaloosa Islands First Gulf Front Condo in Almost a Decade – Availability and Prices Released
Blu, the new six-story Gulf-front condominium development coming to Okaloosa Island, held an official launch on April 19, 2016. Over 100 of the top real estate agents in Northwest Florida, as well as the developer, lenders, and purchasers attended the event. Nine reservation deposits already received prove the favorable market response to this development’s contemporary take on coastal living.
This is no surprise to the marketing firm ResortQuest Real Estate since it’s the first pre-construction opportunity in nearly a decade for a Gulf-front condominium on Okaloosa Island. Listing agents Cindy Blanton and Janette Klein say “the growing demand, but finite inventory is driving urgency to select their choice of residences now”. Limited availability of select floor plans starts from the high $600,000s and averages in the $700,000s for three and four bedroom residences.
Randy Moore, managing partner of Crossgate Partners and blu developer, said, “blu will set a new standard for resort living on Okaloosa Island. With our stylish coastal contemporary design we bring a fresh look that is in high demand in many beach communities. The style combined with the latest in high efficiency systems and construction materials, sets blu apart from all other projects”.
The new development will have 47 total residences and is scheduled to begin construction at the corner of Santa Rosa Boulevard and Scallop Court within the next six months.
For more information about blu, please visit www.ownblu.com or call ResortQuest Real Estate at 855-703-4656.
Thank you,
Steve Egli
Marketing Coordinator
Real Estate
Northwest Florida / Alabama
ResortQuest
by Wyndham Vacation Rentals®
546 Mary Esther Cut Off, Suite 3
Fort Walton Beach, Florida 32548
o: +1.850.301.3436
e: [email protected]
Categories: News
