Kingfisher Real Estate Makes Record-Breaking Sale on Sanibel

provided to The Santiva Chronicle

The gulf-front property represented and sold by Kingfisher Real Estate that made the record-breaking sale. Ted Myerson©2016

Kingfisher Real Estate successfully brokered the Sanibel Island’s new highest price home sale. Phaidra McDermott, owner of Kingfisher Real Estate Inc, represented the seller and also procured the buyer on this spectacular gulf front property.

Situated on a high beach ridge overlooking the sparkling, azure waters of the Gulf, this residence offers the perfect sunset location, perhaps the finest on the West Coast of Florida.

The previous record breaking sale on Sanibel had been achieved by McDermott in 2017 for the property located at 3577 West Gulf Drive. In addition, the most significant residential sale of Captiva Island was also accomplished by McDermott in 2016 for the Rapture Estate located at 16660 Captiva Drive with a selling price of $16,300,000.

McDermott has said that the market for spacious luxury homes has increased dramatically.

“We are seeing many new Buyers on our shores who would traditionally visit other areas in the world,” she said. “COVID has changed their thought process on a location that is safe, tropical and easy to travel to.”

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