Many people equate Florida’s Palm Beach with luxury homes, but Volusia County has in recent years seen a notable increase in luxury sales, including million-dollar-plus properties. Local real estate professionals say the shift began during the COVID-19 pandemic when buyers from the northeastern part of the country decided the time was right for buying a home in the Sunshine State.
Buyers also seem attracted to Volusia County’s less populated communities, and many are paying for beachfront and other luxury properties with cash. If you’re considering purchasing a luxury home in the region, the real estate agents at Bee Realty Corp have extensive experience handling high-end real estate transactions in all of the county’s top areas.
Where to Buy a Luxury Home in Volusia County
Luxury homes are typically considered the upper ten to 20% value of real estate sales in any given market, but what constitutes luxury can also vary from buyer to buyer. So, in a city like Ormond Beach, a luxury home is one that sells for $650,000 or more. Your Bee Realty Corp agent can help you define luxury when buying, selling, or investing in a Volusia County home.
One of the biggest reasons people purchase a luxury home in Volusia County is the available number of waterfront properties. Three of the top Volusia County beach communities for buying a luxury home include:
Over the last several years, Daytona Beach has seen an increase in the sale of luxury properties, with many selling for over $2 million. What’s different now is that the properties sell much more quickly than in the past, when it often took a year or more to close a sale. The city is also home to the gated golf community of Pelican Bay, a highly sought-after neighborhood with luxury real estate opportunities that include exceptional amenities and top-tier golf.
In late 2021, an out-of-state couple paid over $5 million in cash for an Ormond Beach oceanfront mansion, setting a record for the highest sales price for a single-family home in Volusia County. Luxury home neighborhoods in Ormond Beach include Breakaway Trails, Indian Springs, and Broadwater, premier gated communities that offer lake and riverfront homes and custom-built estates.
New Smyrna Beach
There are plenty of reasons people consider New Smyrna Beach a dream destination, including its beautiful beaches, nature preserves, and a wide variety of high-end homes that range in price from $1 million to nearly $5 million. One favorite community, Venetian Bay, offers large estate homes, an 18-hole golf course, and miles of hiking and biking trails that wind their way through preservation areas and around lakes.
While the median home price in Port Orange is $320,000, luxury homes here can range in price from just under a million to over $6 million. Just a short drive from Daytona Beach and 90 miles south of Jacksonville, the quiet community is considered one of Florida’s best places to live. Popular upscale neighborhoods in Port Orange include Waters Edge, an amenity-filled lakefront community, and, of course, the Spruce Creek fly-in community, the world’s largest and most famous residential airpark with both access to taxiways as well as nature and golf course homes.
Buying a Home in Volusia County?
Are you looking to buy a luxury home in Volusia County? The Bee Realty Corp. agents have decades of experience helping customers find their high-end dream homes. As Volusia County’s largest producing private broker, we can do the same for you! Call us at 386-279-7522 or contact us online to learn more.