Engel & Völkers St. Augustine Breaks Local Record Once Again With $2.85 Million Sale

ST. AUGUSTINE, Fla., July 27, 2021 /PRNewswire-PRWeb/ -- Engel & Völkers Florida today announced the record-breaking sale of 632 Ocean Palm Way. Jenn Bryndal, License Partner of Engel & Völkers St. Augustine, held the listing. With a $2,850,000 price tag, the sale is $250,000 more than any other home ever sold in the oceanfront community of Sea Colony.

"I knew this stunning oceanfront home could demand a premium price," said Bryndal. "I felt the best way to achieve this was with a quick sale. One of the more complex undertakings in the sale of a luxury property is creating a sense of urgency. In the luxury market, many times consumers take a wait-and-see approach with the hope of getting a large amount off the purchase price after the property has been on the market for a while. I went over this with the seller and suggested a price I knew was just right to acknowledge the value of the property, while still creating a sense of urgency. Strategic pricing along with Engel & Völkers expansive global reach worked in achieving the full price offer I was looking for. Nothing thrills me more than surpassing my customer's expectations!"

The notable transaction represents the highest sales price for a single-family home in Sea Colony. According to Zillow, this home is valued 577-percent higher than the typical home in the same zip code. Home values in this zip code have gone up nearly 15-percent over the past twelve months and predictions indicate prices will continue to increase an additional 10-percent within the next year.

"Jenn has raised the bar in her market," said Peter Giese, Chief Growth Officer at Engel & Völkers Florida. "Since joining forces with Engel & Völkers, she has repeatedly broken sales price records for luxury real estate. This has translated into her becoming a great mentor to local agents who join her firm; some of whom have surpassed her previous records."
The 4,501 square-foot home offers five bedrooms and five bathrooms. The front porch is kept shaded and private by tropical palms that sway in the sea breeze. The Brazillian hardwood floors and tall ceilings are a contrasting backdrop to the rejuvenating infinity pool surrounded by views of the Atlantic Ocean. A wall of sliding glass doors invites breathtaking oceanfront views from the living and family rooms.

"Jenn is an incredible broker who made the sale of our Sea Colony beach house one of the smoothest and most successful real estate transactions I have ever been involved in," said seller Seth Shortlidge, CEO of Castillo Investment Holdings. "I appreciated her guidance and understanding of the market. She efficiently managed an extremely effective marketing campaign that achieved a result that exceeded our expectations."

Sea Colony is a unique oceanfront community, located on St. Augustine's Anastasia Island. Nestled among natural vegetation and sculpted landscaping, residents enjoy gated privacy in a park-like setting. Whether you prefer to be on the ocean, or enjoy the quiet solitude of a wooded estate, or live in a charming cottage, Sea Colony has a home for every taste. Typical in traditional neighborhoods, Sea Colony is designed to evoke a sense of community by producing a pedestrian friendly environment complete with sidewalks, footpaths, and boardwalks that border the streets, weave through the woods, and lead to the beach.

Bryndal, a recent Private Office inductee, representing the top two-percent of advisors in the Engel & Volkers global network, left Berkshire Hathaway HomeServices Florida Realty in 2019 to start her own brokerage by partnering with Engel & Völkers. With over 15-years of industry experience at the time, she was a top-producing agent, transacting over 20-million-dollars annually. She also enjoyed success as a top producer at Coldwell Banker Premier Properties. Prior, Bryndal got her start at Prudential American Group in Las Vegas where she trained directly with CEO, Mark Stark.

Engel & Völkers St. Augustine has increased production by 455-percent year-over-year. The shop had an average listing price of $980,462 and an average sales price of $1,777,878 for the month of July in 2021. Additionally, Bryndal and her advisors have transacted more than $47,750,000 in the last twelve months.

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Press contact:

Linzee Werkmeister, Junior Vice President, Marketing & Franchise Support
Email: Linzee.Werkmeister(at)evrealestate.com
Tel: (239) 348-9000

About Engel & Völkers:

Engel & Völkers is a global luxury real estate brand. Founded in Hamburg, Germany in 1977, Engel & Völkers draws on its rich European history to deliver a fresh approach to luxury real estate in the Americas with a focus on creating a personalized client experience at every stage of the home buying or selling process for today's savvy homeowner. Engel & Völkers currently operates approximately 240 shop locations with 5,000 real estate advisors in the Americas, contributing to the brand's global network of over 14,000 real estate professionals in more than 30 countries, offering both private and institutional clients a professionally tailored range of luxury services, including real estate and yachting. Committed to exceptional service, Engel & Völkers supports its advisors with an array of premium quality business services; marketing programs and platforms; as well as access to its global network of real estate professionals, property listings and market data. Each brokerage is independently owned and operated. For more information, visit http://www.evrealestate.com.

About Engel & Völkers Florida:

Engel & Völkers Florida is the Master License Partner of the global luxury real estate brand Engel & Völkers in the state of Florida. Recognized for uniquely recruiting, training and equipping some of the top professionals in the real estate industry, Engel & Völkers Florida's exclusive franchise model positions its license partners at the top of the premium market to gain market share and support their bottom line. The company represents franchise locations in: 30A Beaches, Amelia Island, Belleair, Boca Raton, Bonita Springs-Estero, Cape Coral, Clermont, Delray Beach, Destin, Fort Lauderdale, Fort Myers Downtown, Gainesville, Hollywood Beach, Islamorada, Jacksonville, Jacksonville Beach, Jupiter, Madeira Beach, Marco Island, Melbourne Beachside, Melbourne Central, Melbourne Downtown, Miami Coconut Grove, Neptune Beach, Olde Naples, Orlando, Orlando Downtown, Orlando-Winter Park, Palm Beach, Palm Coast, Ponte Vedra Beach, Sarasota, South Tampa, St. Augustine, St. Pete, St. Pete Beach, Stuart, Tampa Water Street, Venice Downtown, Wellington, and Windermere.

Engel & Völkers Florida is continuing to strategically strengthen and expand its presence in premium real estate markets across the state of Florida. If you would like to know more about the Engel & Völkers brand or how to join its global network?which is known for demonstrating competence, exclusivity and passion, feel free to call our corporate office, located at 633 Tamiami Trl N, Suite 201, Naples, FL 34102 USA. Tel: +1 239-348-9000.

For more information about Engel & Völkers Florida, please visit http://www.florida.evrealestate.com

Media Contact

Linzee Werkmeister, Engel & Völkers Florida, 239.348.9000, [email protected]

SOURCE Engel & Völkers Florida