30A’s most expensive home is a $41M teardown

by Kate Hinsche

Lumber moguls Finley and Martha Kay McRae sold their beachfront mansion in Inlet Beach for $41 million, making it the most expensive home ever sold in Florida’s 30A.  The couple’s sale of the home at 281 Paradise by the Sea Boulevard topped the previous Panhandle price record of $28.5 million, set in 2024 by CoStar founder Andy Florance, according to a news release.  The buyers are Ryan and Ashley Templeton, homebuilders in the 30A area, the Wall Street Journal reported. They plan to split the lot into three parcels, demolish the existing mansion and build two spec homes on the […]This article originally appeared on The Real Deal. Click here to read the full story.
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