Finance News
Florida mansion sells for millions as the highest-priced sale ever in this swanky neighborhood
‘Mansion Global’ host Katrina Campins opens the doors to a $21 million mansion once owned by Madonna.
A Florida home recently became the highest-priced sale in its beachfront town’s history, thanks to its “coastal elegance” and much more.
The roughly 4,000-square-foot beachfront home in Santa Rosa Beach, Florida, located on highway 30A, sold for $8.55 million — a sale the whole town is apparently still talking about.
In the heart of WaterColor’s Gulf District, this five-bedroom, six-bathroom home was completely renovated in 2018 to give it a modern comfort vibe, Fox News Digital learned.
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Maria McKenna, a luxury real estate adviser of the Spears Group at Compass, said that she represented the buyer from Chicago and that certain elements of the home stood out.
“With its distinctive blend of coastal elegance, modern comfort and unparalleled panoramic gulf views, this home stands as a true gem in WaterColor’s Gulf District,” she told Fox News Digital.
A Florida home recently broke the record for the highest-priced home sale in the town of Santa Rosa Beach. (Dune Vacation Rentals / Fox News)
Sitting on an over 2,500-square-foot lot, the three-story home includes a first floor with a living room, sand and laundry room and more, according to the Compass listing.
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The first floor also includes a king suite with a private bathroom.
It has an adjacent bedroom with two twin beds and an en suite bathroom, plus another room with two sets of twin bunk beds and a bathroom.
The home is just about 4,000 square feet and was renovated in 2018. (Dune Vacation Rentals / Fox News)
Fit for up to 12 guests, the home also includes two full-sized kitchens, including a wine cooler, a range stovetop and a grill on the front balcony porch.
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Compass noted that the home has a private media room on the third floor near balconies that look out toward the coast.
The home sleeps 12 and has five bedrooms and six bathrooms. (Dune Vacation Rentals / Fox News)
The luxury home also includes access to WaterColor’s private beach and amenities, such as pools and recreational facilities.
For the area in Santa Rosa Beach, McKenna said this sale really increases the housing benchmark.
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“Its acquisition continues to push the benchmark for excellence in the Northwest Florida real estate landscape, reflecting the evolving preferences of buyers seeking unparalleled coastal living experiences,” she said.
One of the home’s bedrooms includes two twin bunk beds. (Dune Vacation Rentals / Fox News)
She added, “It also underscores a trend of increased interest in the 30A market from major cities across the United States.”
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The 20-mile stretch of land off highway 30A between Destin and Panama, Florida, was named one of the top places to buy a beach home by Vacasa in 2023.
A home in Florida recently sold for millions of dollars in a popular neighborhood. (Dune Vacation Rentals / Fox News)
A typical home along 30A costs about $640,000.
With a cap rate of 4.6%, buyers can expect annual revenue of around $55,000 by renting it out.
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FOX Business’ Breck Dumas contributed reporting.
For more Lifestyle articles, visit www.foxbusiness.com/lifestyle.
‘Shark Tank’ investor Kevin O’Leary joins ‘Fox & Friends’ to discuss Elon Musk and Vivek Ramaswamy leading DOGE, Trump’s potential appointments for Treasury secretary, and the first-ever crypto czar.
Weighing in on rumblings around a potential Trump-appointed crypto czar, popular entrepreneur Kevin O’Leary called on whoever’s nominated to put an end to regulatory indecision.
“We’ve got to stop these shenanigans because this is a technology that affects all 11 sectors of the economy,” O’Leary said Thursday on “Fox & Friends.”
“It provides efficiency and digital payment systems. And we have to be competitive worldwide.”
According to industry sources familiar with the discussions, President-elect Trump is mulling a position dedicated solely to cryptocurrency policy. It’s unclear whether the role would be a czar type or a White House staff role, but the official holding the position would interact with regulators, including the Securities and Exchange Commission and the Commodity Futures Trading Commission.
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Two names that come to O’Leary’s mind are former acting U.S. Comptroller of the Currency Brian Brooks and Coinbase CEO Brian Armstrong.
Kevin O’Leary put pressure on a potential Trump-nominated crypto czar to start making regulatory decisions as soon as possible. (Getty Images)
“Brian, of Coinbase, he’s being sued by [SEC Chair Gary] Gensler right now. His company is under litigation from the SEC,” the O’Leary Ventures CEO noted.
“We need a czar here, and we need to start making decisions. Is Ethereum a commodity, or is it a security? Pick one and go with it. I don’t care which one it is, but we’ve got to at least pick it,” he added. “We haven’t done that yet.”
‘Making Money’ host Charles Payne discusses the history of money.
The president-elect campaigned heavily among pro-crypto voters, making a stop at crypto bar PubKey in New York City and speaking at the Bitcoin 2024 conference in Nashville, Tennessee, just weeks before Election Day.
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Manward Press chief investment strategist Shah Gilani discusses how high the S&P 500 can climb in 2025 on ‘Making Money.’
Bitcoin, the largest cryptocurrency by market value, touched a new all-time high of $94,000 in afternoon trading Wednesday and has advanced over 156% from its 52-week low of $36,815.63 in November 2023, as tracked by Dow Jones Market Data Group.
iShares Bitcoin ETF Trust
The surge in price has lifted crypto exchange-traded funds, driving the assets of the largest, iShares Bitcoin Trust, to over $40 billion and lifting it to a record high.
Other bitcoin ETFs are also seeing high interest.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| BTC | GRAYSCALE BITCOIN MINI TRT ETF BITCOIN MINI TRUST BTC ETF | 43.34 | +1.50 | +3.59% |
| GBTC | GRAYSCALE BITCOIN TRUST ETF – USD ACC | 77.62 | +2.63 | +3.51% |
| FBTC | FIDELITY WISE ORIGIN BITCOIN FUND – USD ACC | 85.42 | +2.88 | +3.48% |
| ARKB | ARKB – ARK 21SHARES BITCOIN ETF – USD ACC | 97.54 | +3.24 | +3.44% |
FOX Business’ Suzanne O’Halloran contributed to this report.
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Finance News
Ford recalls nearly 25,000 trucks for problem that could make rearview camera malfunction
‘Car Wizard’ David Long joins ‘The Big Money Show’ to share his top ‘no-brainer buys’ under $10,000.
Ford is recalling nearly 25,000 trucks because of a problem that could make the rearview camera system malfunction.
The automaker said water “may enter the Tailgate Park Assist Sensor Interface Module” and lead to a malfunction of the rearview camera image display in 24,950 of its 2023-2024 F-250, F-350 and F-450 trucks.
All the potentially affected trucks feature a tailgate top camera that “provides additional camera images when the tailgate is down and is a separate camera from the primary rear-view camera,” Ford said in a Oct. 25 recall report submitted to the National Highway Traffic Safety Administration (NHTSA).
A 2023 Ford Super Duty F-350 Limited. (Ford Motor Co. / Fox News)
The recall report indicated the problem stemmed from “certain mating interfaces” of the tailgate top camera being “out of tolerance” and the camera bracket “retain[ing] water” during the application.
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In the event that the issue occurs, the rearview camera image may show up as “blue or black” or only work “intermittently,” things that could pose a safety issue due to reduced driver visibility, according to the report.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| F | FORD MOTOR CO. | 10.24 | -0.04 | -0.39% |
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It has not led to any known accidents or injuries, Ford said in another document.
A badge on a vehicle at a Ford dealership in New Lebanon, New York, on Jan. 25. (Angus Mordant/Bloomberg via Getty Images / Getty Images)
According to the recall report, owners of the recalled trucks can get their tailgate top camera, wire harness and TPASIM module swapped out at a Ford or Lincoln dealership for free. Their “Image Processing Module A” will receive a software update too, it said.
“Pick-up and delivery will be available at participating dealerships,” a Ford spokesperson told FOX Business. “We’re also working through other potential options that would make completing this recall as convenient as possible for our customers.”
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Affected Ford F-250, F-350 and F-40 owners can expect to see a recall notification letter in their mailboxes in early December.
Ford said early last month it has sold over 853,400 of its various types of trucks in the U.S. so far this year.
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