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Forgotten Coast Sales Update 1/16/15

Well the month of January is half over and it looks like 2015 is going to fly by just like 2014.  It is beautiful here today with lots of sunshine and temperatures in the 60’s.  We have been lucky so far this winter with just a couple of cold spells but, unfortunately, it was cold enough to zap my hibiscus.  They will come back out when the weather warms but they look so pitiful right now with the dead leaves and no blooms.  I am so ready for spring!

The real estate market was somewhat slow for the first of January which is typical.  St. George Island remained active though with the sale of three commercial lots and three single family homes.  There was one home sold in Apalachicola, a commercial lot in Carrabelle and a beautiful Magnolia Bay bay front home in Eastpoint.

Below is a summary of properties sold by area:

ST. GEORGE ISLAND

101 W Pine

MLS# 251942 – 101 W. Pine Ave. – Three bank owned corner commercial lots.  List price – $84,700    Sold price – $79,000   Days on market – 186   Cash purchase

235 W Gorrie

MLS# 249289 – “Third Wish” – 235 W. Gorrie Dr. – 3 bedroom/3 1/2 bath 1st tier home located in the center of the island.   List price – $399,000     Sold price – $375,000   Days on market – 571  Conventional financing

1935 Ind Harb

MLS# 252777 – 1935 Indian Harbor Rd. – 3 bedroom/3 bath Plantation bay front home with dock and boat lift.  List price – $539,000    Sold price – $480,000  Days on market – 68     Cash purchase

1800 Denise

MLS# 252846 – “Forever Young” – 1800 Denise Ct. East  – 3 bedroom/3 bath 3rd tier home with private pool located in the Plantation.   List price – $489,000     Sold price – $484,000   Days on market – 52   Cash purchase

APALACHICOLA

101 17th

MLS# 252939 – 101 17th St. – Two bedroom/two bath bank owned home located in Greater Apalachicola.   List price   –  $159,900    Sold price   –  $159,900   Days on market – 24    Cash purchase

CARRABELLE

106 12th

MLS# 247376 – 106 12th St. – Three bank owned corner commercial lots right off Hwy. 98    List price – $17,900   Sold price  –  $12,000    Days on market – 596   Cash purchase

EASTPOINT

307 Mag Bay

MLS# 250960 – 307 Magnolia Bay Dr. – Custom built bay front home with private pool, boat dock and boat lift located in Magnolia Bay subdivision.    List price – $774,900    Sold price   –  $745,000   Days on market – 289  Conventional financing

As always, please feel free to contact me with any questions or if you would like information on current properties for sale in any area of the Forgotten Coast.

Have a great week!

Mary