NSB Properties, Luxury Group
Donna Concannon
David Kosmas
Donna & David
Donna Concannon & Una Poole
— Donna Concannon
NEW SMYRNA BEACH, FLORIDA, UNITED STATES, June 25, 2023/EINPresswire.com/ — New Smyrna Beach Witnessing a Surge in High-End Luxury Development
The idyllic coastal metropolis of New Smyrna Beach is becoming a member of the ranks of unique locations experiencing a wave of “High-End Luxury Development.” From Southern California to Aspen and Miami, the distinguished neighborhood of New Smyrna Beach now claims its place because the “Aspen” of Central Florida’s seashores.
Marking a milestone in native actual property, a outstanding piece of prime land has been offered for a formidable $15,000,000, setting a document because the highest-priced sale ever recorded in New Smyrna Beach. The transaction was facilitated by Donna M. Concannon, Founder-Dealer-Proprietor, and Una Poole of the NSB Properties Luxury Group, who efficiently introduced the vendor and purchaser collectively whereas concurrently finalizing one other contract for a portion of the venture with a single purchaser, securing a actually distinctive homesite in New Smyrna Beach.
Located on N. Peninsula Ave, the expansive 160×330 lot boasts deep-water entry to the Intracoastal Waterway (ICW), providing unparalleled privateness, an enviable location, and breathtaking unobstructed views. The acquisition of this property represents a profound understanding of the New Smyrna Beach group and the ever-evolving actual property panorama, which Donna, David, and Una of NSB Properties Luxury Group demonstrated with tenacity, experience, and a willingness to adapt to market calls for.
Donna Concannon shared her perspective on the venture, stating, “This was a difficult, scary, and exhilarating endeavor to be concerned in. It is a story of willpower, exhausting work, and a deep understanding of the luxurious actual property market. All of it started with the proprietor of the venture requesting Donna’s help in advertising and promoting his $5M dwelling on the ICW with three houses. Recognizing the property’s potential, Donna efficiently attracted quite a few patrons. Ultimately, it turned evident that the very best and finest use of the land could be for a builder to demolish the present houses and both assemble one magnificent luxurious dwelling or divide the lot into 2-3 luxurious homesites, together with two further heaps not on the ICW.”
The property was bought by REX – TIBBS for $5M, initiating the method of reworking the location into two property ICW homesites, every measuring 80×330 ft, with a itemizing value of $3,250,000 for every lot. NSB Properties Luxury Group’s advertising efforts resulted in one lot being positioned underneath contract whereas attracting curiosity in the remaining lot.
Inside a mere 9 days, Donna and Una efficiently negotiated the buyout of the only lot, clearing the trail for the brand new patrons to safe all the property, with a buy value of $9,250,000 for the lot and an estimated complete build-out value of $15,000,000 +/-.
NSB Properties Luxury Group is thrilled to witness the development and future occupation of the shoppers’ magnificent new luxurious dwelling, which can undoubtedly improve the local people and function a testomony to the world’s flourishing actual property market.
This landmark sale represents the fruits of a number of transactions all through 2022. Beginning in 2019, Donna Concannon and David Kosmas listed and offered the property for $2,800,000. Quick ahead to 2022, the NSB Properties Luxury Group listed and offered the 6,000+ sq. foot legacy property consisting of three houses for $5,000,000 in March.
Following the demolition of the present houses, the main target shifted to advertising the 2 80×330 Property Tons on the ICW of New Smyrna Beach, every listed for $3,250,000. With one lot already underneath contract, a purchaser expressing curiosity in all the property emerged simply 9 days earlier than Thanksgiving 2022. Efficiently shopping for out the lot underneath contract, Donna and Una made means for the brand new patrons to appreciate their dream dwelling. The complete vacant land property, listed and offered by Donna and Una, was bought for $9,250,000, making it an particularly memorable Thanksgiving.
For additional details about NSB Properties Luxury Group, a third-generation native New Smyrna Beach brokerage agency providing premier concierge actual property companies, please contact:
Donna Concannon
Founder-Dealer-Proprietor
Cellphone: 386-235-8588
E-mail: donna@nsbhomes.com
David Kosmas
Cellphone: 386-235-8588
E-mail: david@nsbhomes.com
Una Poole
Cellphone: 386-235-8588
E-mail: unapoole@nsbhomes.com
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Donna Concannon
NSB House Luxury Group & Way of life Consultants
+1 386-235-8588
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NSB Properties, Luxury Group promoting New Smyrna Beach
Rajneesh Singh is a journalist at Asian News, specializing in entertainment, culture, international affairs, and financial technology. With a keen eye for the latest trends and developments, he delivers fresh, insightful perspectives to his audience. Rajneesh’s passion for storytelling and thorough reporting has established him as a trusted voice in the industry.
