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FORGOTTEN COAST SALES UPDATE JUNE 2016

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I hope your summer is going well.  We had two of our granddaughters, Kylie and Mia, here with us for three weeks.  Life is so much fun when they are around.  Above is a picture of them with their Dad on the new boat ramp and pier in our subdivision, Magnolia Bay.  As you can see from this picture, the Forgotten Coast is without a doubt the most beautiful place on earth.

Sales activity remained strong for the month of June with 49 total sales of homes and lots.  St. George Island saw the most sales activity with 16 total sales – 10 single family homes, 2 town homes/condos, one commercial building and 3 vacant lots.  In Apalachicola there were 9 sales – 5 single family homes and 4 residential lots located in the historic district.  In Carrabelle there were 13 properties sold – 6 single family homes, 1 town home and 6 vacant lots.  In Eastpoint there was 1 home sold and 4 parcels vacant land including a bank owned 20 lot subdivision, St. George’s Bluff.  There were 5 homes and 1 vacant lot sold on Alligator Point.  Sale prices ranged from $10,000 for a one acre home site in Carrabelle to $2,700,000 for a spectacular 7 bedroom/7 1/2 bath Plantation gulf front home with private beachside pool.

Below is a summary of sales activity by area:

ST. GEORGE ISLAND

MLS# 256174 – 308 Palmer St. – 1/3 acre bank owned interior lot in the Gulf Beaches.  List price – $44,900   Sold price – $40,000   Days on market – 48   Days under contract – 34  Cash purchase

308 Palmer

MLS# 255052 – 909 E. Pine Ave. – .43 acre bay view lot in the Gulf Beaches.   List price – $79,900    Sold price – $75,000   Days on market – 237   Days under contract – 35  Conventional financing

909 E Pine

MLS# 256367 – 581 W. Gorrie Dr. #B3 – 2 bedroom/1 bath bank owned condo in Neptune’s Palace.    List price – $80,000   Sold price – $103,513   Days on market – 23  Days under contract – 23   Cash purchase

581 W Gorrie

MLS# 254531 – 300 Ocean Mile Unit J6 – 1 bedroom/1 bath poolside town home.   List price – $199,000    Sold price – $195,000   Days on market – 293   Days under contract – 56   Conventional financing

OM J6

MLS# 256065 – 673 E. Gorrie Dr. – 1/3 acre 1st tier lot in the Gulf Beaches.   List price – $289,000    Sold price – $250,000    Days on market – 46   Days under contract – 77   Seller financing

673 E Gorrie

MLS# 256509 – 135 E. Pine Ave. – 4,312 sq. ft. bank owned commercial building (former location of Two Gulls) with commercial space downstairs and 2 one bedroom apartments upstairs.   List price – $289,000    Sold price – $295,000    Days on market – 23   Days under contract – 29  Cash purchase

135 E Pine

MLS# 256785 – 541 E. Gulf Beach Dr. – 3 bedroom/2 bath bank owned gulf view home located in the Gulf Beaches.  List price – $319,900    Sold price – $310,000   Days on market – 14   Days under contract – 24   Cash purchase

541 EGB

MLS# 256586 -“Ticket to Paradise” –  325 W. Gulf Beach Dr. – 3 bedroom/2 bath gulf view home located in the Gulf Beaches.   List price – $379,000    Sold price – $374,000   Days on market – 29   Days under contract – 39  Conventional financing

325 WGB

MLS# 254753 – “Island Oaks” –  657 W. Pine Ave. – 3 bedroom/3 bath gulf view home located in the Gulf Beaches.   List price – $459,000    Sold price – $424,000   Days on market – 273   Days under contract – 53   Conventional financing

657 W Pine

MLS# 255410 -“A Beach Cottage” –  208 E. Gorrie Dr. – 3 bedroom/3 bath gulf front shotgun home located in the center of the island.   List price – $479,000    Sold price – $465,000   Days on market – 160   Days under contract – 46    Conventional financing

255410_0169920[1]

MLS# 256079 -“Beach Butterfly” – 800 W. Pine Ave. – 4 bedroom/3 bath gulf view home with private pool located in the Gulf Beaches.   List price – $499,000    Sold price – $494,000   Days on market – 62   Days under contract – 37   Cash purchase

800 W Pine

MLS# 254272 -“Island Time” –  801 W. Gorrie Dr. – 4 bedroom/2 bath 1st tier home located in the Gulf Beaches.  List price – $525,000    Sold price – $512,500   Days on market – 321   Days under contract – 58   Conventional financing

801 W Gorrie

MLS# 256335 – “Charmed Life” – 1635 Wayfarer Ct. – 3 bedroom/3 1/2 bath bay front home with private pool, shared dock and boat lift in Mariner’s Harbor    List price – $650,000    Sold price – $635,000    Days on market – 14   Days under contract – 46   Conventional financing

1635 Wayfarer

MLS# 256554 – “5 Star Luxury” – 1629 Wayfarer Ct. – 4 bedroom/4.5 bath bay front home with private pool, shared dock and boat lift in Mariner’s Harbor.   List price – $785,000   Sold price – $730,000   Days on market – 1   Days under contract – 46   Conventional financing

1629 Wayfarer

MLS# 256373 – “Sea Forever” – 1874 Sunset Dr. – 5 bedroom/4 bath gulf front home in Sunset Beach.   List price – $995,000    Sold price – $980,000   Days on market – 18    Days under contract – 42   Conventional financing

1874 Sunset

MLS# 255973 – “KYMA” – 1720 Jasmine Way – 7 bedroom/7 1/2 bath Plantation gulf front home with private beachside pool.   List price – $2,799,000    Sold price – $2,700,000   Days on market – 30    Days under contract  – 79   Conventional financing

1720 Jasmine

 APALACHICOLA

MLS# 253187 – 123 6th St. – .22 acre residential lot in the North Historic District.  List price – $35,000    Sold price – $18,000   Days on market – 403   Days under contract – 35   Seller financing

123 6th

MLS# 256606 – 155 7th St. – .13 acre residential lot in the North Historic District    List price – $45,000    Sold price – $42,500    Days on market – 1  Days under contract – 49   Cash purchase

155 7th

MLS# 256130 – 214 8th St. – .21 acre residential lot in the North Historic District   List price – $59,000    Sold price – $53,500    Days on market – 57    Days under contract – 26  Conventional financing

214 8th

MLS# 254260 – 282 25th Ave. – 4 bedroom/2 bath home located in Greater Apalachicola.   List price – $69,000    Sold price – $60,000   Days on market – 330   Days under contract – 57  Conventional financing

282 25th

MLS# 256402 – 226 Hwy .98 – 3 bedroom/2 bath home zoned office/residential just outside the historic district.   List price – $99,500    Sold price – $66,000   Cash purchase – Buyer paid all closing costs including sales commission

226 Hwy 98

MLS# 253928 – 53 15th St. – .14 acre residential lot in the South Historic District.   List price – $149,900    Sold price – $134,900   Day on market – 381   Days under contract – 33   Cash purchase

53 15th

MLS# 256209 – 216 Ellis Van Fleet St. – 3 bedroom/2 bath home located in Greater Apalachicola.   List price – $169,900    Sold price – $157,500   Days on market – 70   Days under contract – 28   Cash purchase

216 Ellis

MLS# 255358 – 224 Hathcock Rd. – 3 bedroom/2 bath home sitting on 1 acre in Greater Apalachicola.    List price – $175,000    Sold price – $160,000   Days on market – 189   Days under contract – 25    Cash purchase

224 Hathcock

MLS# 256168 – “Orman Cottage” – 128 4th St. – 4 bedroom/2 1/2 bath historical home constructed in 1850 located in the North Historic District.    List price – $395,000    Sold price – $385,000   Days on market – 13    Days under contract – 87   Conventional financing

128 4th

CARRABELLE

MLS# 256166 – 115 Farris Dr. – 1 acre  residential lot in Carrabelle     List price – $11,500    Sold price – $10,000   Days on market – 8    Days under contract – 77  Conventional financing

115 Ferris

MLS# 254327 – 1874 Beacon St. – 1.10 acre lot in Lighthouse Ridge.    List price – $18,500    Sold price – $15,000   Days on market – 348    Days under contract – 23   Cash purchase

1874 Beacon

MLS# 252392 – 1991 Lighthouse Rd. – 1.34 acre lot in Lighthouse Ridge   List price – $32,000    Sold price – $30,000   Days on market – 547   Days under contract – 57  Conventional financing

1991 Lighthouse

MLS# 250084 – 1 Osprey Ct. – 1 acre bayou front lot in Bayou Harbor     List price – $139,999    Sold price – $43,000  Days on market- 283   Days under contract – 742   Conventional financing

1 Osprey

MLS# 254094 – 103 Anglers Harbor – .08 acre river front lot in Angler’s Harbor    List price – $38,900    Sold price – $50,000   Days on market – 335   Days under contract – 83   Conventional financing (closing price also included a 1st tier lot)

103 Anglers

MLS# 256237 – 137 White Pelican Way – .22 acre residential lot in St. James Bay    List price – $20,000   Sold price – $50,000    Days on market – 37   Days under contract – 50  Conventional financing (4 lots were bundled at this price)

137 White Pelican

MLS# 255675 – 308 2nd St. – 3 bedroom/3 bath Fannie Mae owned home.   List price – $89,900   Sold price – $89,000   Days on market – 69   Days under contract – 45   Conventional financing – $5,873 in seller concessions

308 2nd

MLS# 254350 – 322 River Rd. – 3 bedroom/2 1/2 bath river view home sitting on 1.25 acres.   List price – $139,000    Sold price – $123,000   Days on market – 294   Days under contract – 67  Conventional financing

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MLS# 256118 – 112 E. Meridian St. – 2 bedroom/1 bath renovated home constructed in 1900 zoned commercial/residential in downtown Carrabelle.   List price – $145,000    Sold price – $125,000   Days on market – 85   Days under contract – 28   Seller financing

112 E Meridian

MLS# 255760 – 3186 Hwy 98 #F2 – 2 bedroom/3 bath condo in Bungalo Bay     List price – $199,000   Sold price – $185,000    Days on market – 151   Days under contract – 7  Conventional financing

3186 Hwy 98 F2

MLS# 256944 – 151 White Pelican Way – 3 bedroom/3 1/2 bath home located in St. James Bay.   List price – $276,500    Sold price – $260,000  Cash purchase

151 White Pelican

MLS# 256405 – 178 Timber Island Rd. – 3 bedroom/2 bath bay front/bayou front home with dock and boat lift located in Bayou Harbor     List price – $315,000    Sold price – $290,000   Days on market – 12    Days under contract – 68  Conventional financing

178 Timber

MLS# 256536 – 3119 Hwy 98 – 3 bedroom/2 1/2 bath bay front home with boat dock and boat lift in St. James area.   List price – $595,000    Sold price – $560,000   Days on market – 42   Days under contract – 16   Cash purchase

3119 Hwy 98

EASTPOINT

MLS# 255167 – 275 Smith Rd. – 1.41 acre residential lot in Tarpon Shores.  List price – $22,900    Sold price – $20,000   Days on market – 154   Days under contract – 111  Conventional financing

275 Smith

MLS# 254790 – 282 Gramercy Plantation Blvd. – 1.80 acre bay front lot located in Gramercy Plantation.   List price – $39,000    Sold price – $35,000    Days on market – 289    Days under contract – 31   Seller financing

282 Gramercy

MLS# 256768 – 253 Magnolia Bay Dr. – 1 acre bay front lot located in Magnolia Bay Subdivision.   List price – $199,000    Sold price – $182,000    Days on market – 10    Days under contract – 28    Cash purchase

253 Mag Bay

MLS# 256816 – 1678 Hwy 98 – 16 acre bank owned subdivision, St. George’s Bluff, with 20 available lots.   List price – $395,000    Sold price – $240,000   Days on market – 1   Days under contract – 9   Cash purchase

1678 Hwy 98

MLS# 256792 – 1409 East Hwy. 98 – 2 bedroom/2 bath bay front home located in Sand Dollar Cove.   List price – $329,000    Sold price – $310,000    Days on market – 8   Days under contract – 26   Cash purchase with small seller mortgage

1409 Hwy 98

ALLIGATOR POINT

MLS# 256626 – 1254 Angus Morrison Rd. – .26 acre bay front lot on Alligator Harbor Bay.   List price – $49,000    Sold price – $75,000   Days on market – 17   Days under contract – 36   Cash purchase (Sale included 5 additional lots)

1254 Angus

MLS# 257042 – 608 Mariner Circle – 3 bedroom/2 bath remodeled bay front home.   List price – $139,500    Sold price – $132,000   Days on market – 1   Days under contract – 14   Cash purchase

609 Mariner

MLS# 256530 – 32 Pelican St. – 2 bedroom/1 bath bay front home with dock.  List price – $240,000    Sold price – $240,000   Days on market – 11   Days under contract – 37  Cash purchase

240 Pelican

MLS# 248204 – 1375 Chip Morrison Dr. – 3 bedroom/2 bath gulf front home.   List price – $449,000    Sold price – $400,000   Days on market – 1294   Days under contract – 43   Seller financing

1375 Chip

MLS# 256511 – 1569 Alligator Dr. – 2 bedroom/2 bath gulf to bay front home.   List price – $525,000   Sold price – $500,000    Days on market – 86   Days under contract – 43   Cash purchase

1569 Alligator

MLS# 256448 – 1667 Alligator Dr. – 5 bedroom/3 bath gulf front home    List price – $599,000    Sold price – $570,000   Days on market – 35    Days under contract – 44   Cash purchase

1667 Alligator

As always, please feel free to contact me with questions on any area properties or if I can help in any way.

Mary