PRICE TO SELL! Palazzo Del Mar, a magnificent Gulf front gated estate is situated within the Emerald Coast's most exclusive address "The Shores of Crystal Beach". Currently undergoing a $1,300,000 renovation, including a new state of the art lan smart home technology system with Lutron Lighting, Audio and Video and security system, impact resistant, insulated and laminated windows and doors and many other improvements. This house was designed for entertaining and would be a great location for weddings, corporate retreats, or multi-family vacations. Boasting 11 bedrooms and 11 full and 3 half baths this rare 4-story home has over 16,000 +/- square feet of European inspiration. Quality craftsmanship throughout the home featuring Brazilian cherry wood floors, granite countertops, custom stone and marble fireplaces, 12" crown molding and lighted trey ceilings. The elevator visits all four floors and a dumbwaiter carries items from the kitchen on the first floor up to the second floor. Experience the most panoramic views of the Gulf as well as sunrises and sunsets from any of its 3 terraces covered in 2,500 square feet of Brazilian travertine stone. Swim in your in ground outdoor heated pool or relax on your own white sand deeded beach with private access. The property has a separate guest cottage with bamboo floors, granite counter tops, Viking stove and Subzero refrigerator above the three-car heated and cooled garage with majestic Gulf views. The Estate was recently appraised in July 2010 for $6,200,000 before the extensive renovation started. For a limited time only purchase this rare one of kind estate for $442.21 a square foot. This property will not be available for sale after March 1st 2011. Appraisal and Elevation certificate are available. For more information on the renovation please visit: www.palazzodelmar.com
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