Premier Property Group expands its footprint in Florida

Premier Property Group, based in Northwest Florida, has doubled its size following the acquisition of a significant stake in Bay County, Florida-based Beachy Beach Real Estate.
The financial terms of this deal are not being revealed.
Premier Property Group is an affiliate to Luxury Portfolio International. It is Northwest Florida’s largest independent residential brokerage. Keith Flippo and Bob Parks founded the firm in 2008. It currently employs more than 100 agents and staff that work with buyers and sellers on the Emerald Coast, including South Walton and 30A, Destin and Niceville.
“This acquisition strengthens our position as the region’s leading independent realty brokerage firm and is testament to our belief that the Bay County market will continue to grow,” Garrett McNeil, CEO of The Premier Property Group said in a statement. “In a period when few acquisitions are happening, we have chosen and capitalized upon an important opportunity to increase our presence in Panama City Beach and Panama City, increasing our market share, and setting up our companies successfully for the next several decades.”
Karen Smith, a broker and founder of Beachy Beach Real Estate, founded the company in 2010. The firm has more than 100 agents and staff and is based in Panama City Beach. It serves residential and commercial clients in Panama City Beach, Panama City 30A, Lynn Haven, as well as the surrounding communities.
Flippo released a statement saying that today’s acquisition “marks the union of two legacy brand — each with deep local roots” and “underlines our shared commitment to strategically expanding the reach of our influence throughout the region.” We have always admired Karen and her team at Beachy Beach Real Estate. Both companies share the same values, and both are equally focused on the future. We will be stronger together in our local markets, better equipped to serve our existing and new clients with an even greater commitment for excellence.
Beachy Beach Real Estate will continue operating under the current branding and name. Smith, who has over 20 years of real estate experience, will continue to run the firm and oversee its day to day operations.
Smith stated that “we are proud to be partnered With The Premier Property Group.” “Joining forces gives our company a unique opportunity to grow and gives us more market-leading strategies, tools, and the sharing best practices. This is the next step in our brokerage’s evolution in the current real-estate market. It allows us to join forces with a market leader and be supported by its immense depth and resources, and its extensive knowledge of this market.