October is finally here! The most beautiful month by far here on the Forgotten Coast with an abundance of blue clear skies and milder temperatures. If there is any way possible, you need to plan a trip and enjoy fall on the coast.
The real estate market is becoming much more active with 15 closings since my last update on 9/25/2014. St. George Island was especially active with 3 lot sales, 2 units at 300 Ocean Mile and 2 single family homes sold. There are still amazing values on properties throughout the area. What could be better than investing in coastal property in a place you love and seeing a good return over time on your real estate purchase?
Below is a summary by area of properties sold since my last update:
ST. GEORGE ISLAND
MLS# 252512 – 1324 Azalea Dr. – One acre bank owned lot gulf view Plantation lot. List Price – $57,900 Sold Price – $57,900 Days on market – 7 Cash purchase
MLS# 250001 – 948 E. Pine Ave. – 1/3 acre 4th tier lot located in E. Gulf Beaches. List price – $79,000 Sold price – $70,000 Days on market – 258 Short Sale – Cash purchase
MLS# 251012 – 556 E. Bayshore Dr. – 1/3 acre bay view lot located in East Gulf Beaches. List price – $95,000 Sold price – $89,500 Days on market – 219 Cash purchase
MLS# 251603 – 657 E. Pine Ave. – 2 bedroom/1 bath bank owned home located in East Gulf Beaches. List price – $174,900 Sold price – $174,900 Days on market – 183 Conventional financing
MLS# 251937 – 1760 E. Gulf Beach Dr. 300 Ocean Mile Unit A4 – 2 bedroom/2 1/2 bath gulf view townhome sold fully furnished. List price – $275,000 Sold price – $248,000 Days on market – 119 Cash purchase
MLS# 250247 – 1760 E. Gulf Beach Dr. 300 Ocean Mile Unit G5 – 2 bedroom/2 1/2 bath gulf front townhome sold fully furnished. List price – $349,900 Sold price – $324,500 Days on market – 367 Conventional financing (Seller concession of $1,500)
MLS# 250322 – 1365 E. Gulf Beach Dr. – 3 bedroom/2 bath gulf view home located on the East End. List price – $359,000 Sold price – $315,500 Days on market – 367 Conventional financing
APALACHICOLA
MLS# 251975 – 374 21st Ave. – 3 bedroom/2 bath bank owned home located in Greater Apalachicola. List price – $59,900 Sold price – $58,400 Days on market – 113 Conventional financing (Seller paid $1,041 in buyer closing costs)
MLS# 251850 – 221 Cornellius Rizer St. – 3 bedroom/2 bath bank owned townhome located in the Whispering Pines development in Greater Apalachicola. List price – $68,000 Sold price – $63,000 Days on market – 141 Conventional financing (Seller paid $1,890 in buyer closing costs)
CARRABELLE/DOG ISLAND/ALLIGATOR POINT
MLS# 249196 – 100 Division St. – 1/3 acre bank owned lot zoned R-4 (multi-family/residential) located close to downtown Carrabelle. List price – $7,000 Sold price – $5,000 Days on market – 495 Cash purchase
MLS# 252473 – 2281 Hwy. 98 – 1/4 acre bay view lot located in Lanark Beach List price – $20,000 Sold price – $11,000 Days on market – 26 Short sale Conventional financing
MLS# 252434 – 3186 Hwy. 98 #B2 – 3 bedroom/3 1/2 bath condo located in the Bungalows in St. James. List price – $235,000 Sold price – $230,000 Days on market – 64 Conventional financing
MLS# 250718 – 926 Gulf Shore Dr. – .42 Acre bank owned gulf front lot on Dog Island. List price – $34,900 Sold price – $25,000 Days on market – 160 Cash purchase
MLS# 247949 – 696 Alligator Dr. – 2 bedroom/1 bath bay front beach cottage with dock located on Alligator Point. Sales price – $239,000 Sold price – $222,000 Days on market – 752 Conventional financing
EASTPOINT
MLS# 252034 – 275 Magnolia Bay Dr. – 3 bedroom/3 bath bank owned bay front home with dock located in Magnolia Bay Subdivision. List price – $400,100 Sold price – $367,500 Days on market – 125 Cash purchase
As always, please feel free to contact me with questions on any of these properties or if you would like information on what is currently for sale in any area of the Forgotten Coast.
Thanks,
Mary