Gulf Front Home in Grayton Beach 186 Banfill Street as Craig’s Top Distressed Property Pick for November 13th, 2009

Sold for $2.4Mil on August 31, 2010!

I had a very hard time choosing this weeks property to spot light because this is such a beautiful home it is hard to believe it is a short sale. This home is a Gulf Front home in Grayton Beach. It arguably has the best views on 30A.

Most Expensive Distressed Waterfront Homes

Gulf Front Home in Grayton Beach 186 Banfill Street

186 Banfill Street is currently being offered at nearly $1mil below recent appraisal.  This amazing home is situated on the southeast corner of charming Grayton Beach, one lot west of Grayton Beach State Park. Unobstructed permanent views of the gulf. Perched on the edge of Western Lake, its panoramic views are truly one of a kind and encompass dune lake, an unfettered stretch of gorgeous white sand beach as well as the beautiful emerald Gulf waters our area. The house overlooks the area where Western Lake and the gulf meet so you have no one between you and the gulf. This home is as special as its unique location. Built from only non-toxic materials and products, from the sub-flooring to the paint, it is also handicap accessible with special provisions that include a commercial elevator and handicap accessible full bath. An award-winning kitchen and bath. The ground floor is home to a large laundry and mud room with a half bath and dry heat sauna. This luxury home features three master suites, each with great views and large bathrooms. The top floor is the main living level and commands the most stunning views this home has to offer while enjoying a cozy gas log fireplace. This is the ultimate Gulf Front Home and is a distressed property in Grayton Beach. This home is a short sale.

Grayton Beach Gulf Front Home 186 Banfil Street 4,579sf 4 Beds / 5.5 Baths Built in 2005 Offered at $3,900,000 or $851.71/sfIf you are interested in this gulf front distressed home in Grayton Beach and would like to preview other distressed gulf front homes, please give Tracy Baranowski 850.259.4270 or Craig Baranowski  a call at 850.259.1788 or email  us


  1. says

    Obviously I was not the only one that thought this Grayton Beach home was a great deal. This house just went under contract in Mid-November. It is a short sale so we will pay close attention to see how the short sale transpires.

    • says

      Hi Bev, Happy New Year to you and your loved ones. This is a very good video. Now we have to try to find this kind of seam binding in Holland and see if we can dye it as good as you did (without maikng a mess). Thanks as always for your inspiration and for the chance to win. Hugs, Helen

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