Miley Cyrus Flips Seacrest Beach Condo

Posted on by FletcherSales Realty

A national celebrity real estate blog is reporting that entertainer Miley Cyrus has sold her Walton County Andante condo for $160,000 more than she paid for it in December. According to the source, the condo sold last week for $1.96mil. Cyrus reportedly paid $1.8mil …meaning a $160,000 profit in two months.

Prices are starting their turn around and with inventory decreasing….expect to see more of this happening over the next year.  The Destin Real Estate market runs on a different cycle than the National market and the second home is more influence by consumer confidence than unemployment numbers. There is leterally no new construction in the pipeline and this market…unlike the Panama City market…is not over built. Think inventory shortage.

Call Robin Fletcher at 850.837.1388 or email us anytime you have questions or would like a custom report on any area or property criteria.

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