This coastal village has become a playground for the extremely wealthy and demand from sea-changers and holiday home buyers has sparked roaring growth in the local market.
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While a $3 million budget once guaranteed a home with ocean views, buyers were now likely to get a knockdown or fixer upper, with ocean glimpses, close to the village, Wise said. Or a renovated property further back from the beach but within walking distance. Sales agent Tom Offermann, of Tom Offermann Real Estate, said demand for Sunshine Beach homes was still outstripping supply and had yet to be affected by rising interest rates.
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