ResortQuest Real Estate, a real estate leader in Northwest Florida for more than 40 years, recently celebrated the groundbreaking of Blu, the newest luxury condominium development on Okaloosa Island.

Blu, an upscale coastal contemporary development, features a prime location on Okaloosa Island. It is the first residential condominium community to be built on Okaloosa Island in a decade, marking an exciting opportunity for homebuyers.

“We are so pleased and excited this day has come. It’s a dream come true,” said Rick Olson, managing partner of Olson Land Partners LLC. “We have worked diligently over the past three years to bring this highly-appointed condominium development to this amazing Gulf-front location. With more than 300 feet of white sand beach frontage along the Okaloosa Island shoreline, the Blu site truly speaks for itself and the name is apt. We could not be prouder to bring Northwest Florida this real estate opportunity.”

This six-story condominium development featuring 47 private residences is nestled on one of the last vacant parcels fronting the Gulf in the three-county area. Overlooking 300 feet of sugar-white sand beach, tucked away behind a private, gated entry, Blu amenities will include two Gulf-front pools (one heated), a jetted hot tub, a fitness center, and covered parking spaces. Residences’ interior appointments will range from quartz countertops and high-end kitchen appliances to porcelain tile flooring and private terraces up to 10 feet deep.

“On behalf of the entire team at ResortQuest, we congratulate Rick Olson and the development team on their latest project along the Emerald Coast,” said Lino Maldonado, vice president for Wyndham Vacation Rentals North America. “Our very first office was established right here on Okaloosa Island 44 years ago, so we are especially proud to bring such a first-class development to market in this community.”

“With its close proximity to Destin and nearby restaurants and attractions, the value in developing this land was clear to us,” added Randy Moore, managing partner of Crossgate Partners LLC. “While the building and grounds will be aesthetically beautiful and offer exceptional amenities, the solid concrete and steel construction will help drive value in the future for interested buyers. We designed the development around the growing market demand with something that’s unique in price, size and style.”

Leading the sales and marketing efforts for Blu are Cindy Blanton and Janette Klein, top sales associates from the ResortQuest Real Estate team, which comprises more than 100 licensed realtors.

“We are going into our construction phases having pre-sold more than 50 percent of the units in Blu, which is a clear indication of the excitement surrounding this beautiful development” said Carmela Bell, broker at ResortQuest Real Estate. “Blu provides a contemporary twist on coastal living unlike other opportunities currently offered along the Emerald Coast.”

Blu offers four floor plans ranging in size from three- to four-bedrooms, spanning 1,837 to 2,203 square feet, each with Gulf-front or coastline views. Pricing is from the high $700,000s. For more information, visit ownblu.com or call Cindy Blanton at 850- 428-2306 or Janette Klein at 850-585-7872.