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Forgotten Coast Sales Update – February 2016

Spring is almost here and it has been absolutely beautiful  on the Forgotten Coast.  My amazing granddaughters will be here for Spring Break in just 3 more weeks and I can’t wait.  This long distance grandma thing is hard!

Sales activity for February 2016 remained somewhat slow.  There were total sales of 8 single family homes, 7 town homes/condos, 2 mobile homes, 3 commercial properties on St. George Island and 16 vacant lots.  Carrabelle saw the most activity with 15 properties sold – 3 single family homes, 5 town homes/condos (including 3 units in Lanark Village) and 7 vacant lots.  On St. George Island there were 8 properties sold – 2 single family homes, 1 condo, 3 commercial properties and 2 vacant lots.  In Apalachicola 9 properties sold – 3 single family homes in Greater Apalachicola, 1 town home in Whispering Pines and 5 vacant lots.  In Eastpoint there were 3 properties sold – 2 mobile homes and 1 vacant lot.  There was one vacant lot sold on Alligator Point.

Sale prices ranged from a low of $9,500 for a vacant lot in Carrabelle to $1,175,000 for a Planation bay front home.  The average days on the market for the areas of St. George Island, Apalachicola, Carrabelle and Eastpoint was 190 days.  The average percentage of final selling price to list price was 94%.  Please let me know if you would like a more specific breakdown of sales statistics by area.

Below are the sales details by area:

ST. GEORGE ISLAND

MLS# 255363 – 701 E. Pine Ave. – Bank owned 1/3 acre interior lot in the Gulf Beaches area.   List price – $49,900   Sold price – $38,000     Days on market – 75   Days under contract – 35   Cash purchase

701 E Pine

MLS# 255230 – 119 W. Gorrie Dr. – Commercial lot located across from the Buccaneer Inn.  List price – $79,900    Sold price – $62,000   Days on market – 87   Days under contract – 23   Conventional financing

119 W Gorrie

MLS# 255229 – 117 W. Gorrie Dr. – Commercial lot across from the Buccaneer Inn.    List price – $149,900   Sold price – $124,000   Days on market – 87   Days under contract – 23  Conventional financing

117 W Gorrie

MLS# 255088 – 40 W. Bayshore Dr. – Fisherman’s Headquarters – 2,500 sq. ft. commercial building with 2 bedroom apartment upstairs.   List price – $349,000    Sold price – $150,000   Days on market – 82   Days under contract – 72  Conventional financing – Short sale

40 W Bayshore

MLS# 243694 – 764 E. Gorrie Dr. #4 – 2 bedroom/2 bath gulf front condo in Island Club.  List price – $349,000   Sold price – $328,000    Days on market – 1,621   Days under contract – 87   Conventional financing

764 E Gorrie #4

MLS# 255158 – 409 Sawyer St. – 3 bedroom/1 1/2 bath bay front home with dock in the Gulf Beaches.  List price – $395,000   Sold price – $365,000    Days on market – 92    Days under contract – 29   Cash purchase

409 Sawyer

MLS# 255393 – 2116 Sea Fern Way – 1 acre Plantation gulf front lot.   List price – $749,000    Sold price – $675,000   Days on market – 63   Days under contract – 33   Cash purchase

2116 Sea Fern

MLS# 256018 – 2215 Conch Dr. – 3 bedroom/5 bath bay front home with private tennis court sitting on 2 bay front lots.  List price – $1,175,000    Sold price – $1,175,000   Property was not listed on the MLS  Conventional financing

2215 Conch

APALACHICOLA

MLS# 252862 – 233 10th St. – .14 acre residential lot on the historic north side.  List price – $27,000    Sold price – $27,000   Days on market – 454   Days under contract – 28   Conventional financing

233 10th

MLS# 255287 – 193 6th St. – .15 acre residential lot on the historic north side.   List price – $45,000   Sold price – $36,500   Days on market – 78   Days under contract – 24   Cash purchase

193 6th

MLS# 255289 – 195 6th St. – .15 acre residential lot on the historic north side.   List price – $45,000   Sold price – $37,500   Days on market – 78   Days under contract – 30   Conventional financing

195 6th

MLS# 243590 – 114 Bay Colony Way – .17 acre residential lot located in Bay Colony subdivision.   List price – $59,900    Sold price – $45,000   Days on market – 1,571   Days under contract – 18  Conventional financing

114 Bay Colony

MLS# 253823 – 225 Avenue D – .18 acre residential lot located on the historic south side.    List price – $69,000   Sold price – $62,500   Days on market – 324   Days under contract – 10   Cash purchase

225 Ave D

MLS# 255700 – 2 Shorewood Pl. – 3 bedroom/2 bath HUD owned home located in Greater Apalachicola.   List price – $75,000    Sold price – $70,000   Days on market – 12    Days under contract – 35  Conventional financing

2 Shorewood

MLS# 254967 – 217 Cornelius Rizer St. – 3 bedroom/2 bath town home located in Whispering Pines complex in Greater Apalachicola.   List price – $107,000    Sold price – $100,000   Days on market – 130   Days under contract – 44  FHA financing

217 Cornelius

MLS# 253042 – 9 24th Ave. – 5 bedroom/3 bath home located in Greater Apalachicola.   List price – $159,000    Sold price – $142,000   Days on market – 400   Days under contract – 66   Conventional financing

9 24th

MLS# 255529 – 55 Waddell Rd. – 4 bedroom/3 bath Fannie Mae owned home in Greater Apalachicola.   List price – $234,900    Sold price – $234,900    Days on market – 13   Days under contract – 55   Conventional financing

55 Waddell

CARRABELLE

MLS# 255923 – 301 12th St. NE – .33 acre residential lot located in Sun-N-Sand Village in Carrabelle.   List price – $9,500   Sold price – $9,500    Days on market – 0   Days under contract – 8   Cash purchase

301 12th

MLS# 255922 – 209 12th St. NE – .33 acre residential lot located in Sun-N-Sand Village in Carrabelle.   List price – $9,500   Sold price – $9,500    Days on market – 0   Days under contract – 8   Cash purchase

209 12th

MLS# 255673 – 275 Gar Wood Landing – .17 acre river view lot located in Sunset Isle.   List price – $29,500   Sold price – $22,500   Days on market – 7   Days under contract – 32  Cash purchase

275 Garwood

MLS# 256047 – 24 Pine St. #5 – 1 bedroom/1 bath unit in Lanark Village.   List price – $35,000    Sold price – $31,500   Days under contract – 46   Seller financing

24 Pine

MLS# 254989 – 29 Holland St. #6 – 2 bedroom/1 bath remodeled unit in Lanark Village.    List price – $39,900   Sold price – $32,000   Days on market – 112   Days under contract – 37   Conventional financing

29 Holland

MLS# 255376 – 959 Mill Rd. – 1 acre bank owned river front lot      List price – $39,900    Sold price – $38,000   Days on market – 93   Days under contract – 12   Cash purchase

959 Mill Rd

MLS#254516 – 35 Warren Ave. #5&6 – 2 bedroom/2 bath (two apartments combined into 1) in Lanark Village.  List price – $50,000   Sold price – $45,500   Days on market – 117   Days under contract – 43  Conventional financing

35 Warren

MLS#254716 – 402 Avenue G – 4 bedroom/1 1/2 bath home in Carrabelle with out building.   List price – $69,900   Sold price – $60,000    Days on market – 133   Days under contract – 53  Conventional financing

402 Ave G

MLS# 252973 – 161 Baywood Dr. – 15.43 acre vacant land with 6.61 acres approved for RV usage.   List price – $73,700   Sold price – $70,000  Days on market – 449   Days under contract – 32   Cash purchase

161 Baywood

MLS# 254404 – 0 Hwy. 98 – .34 acre bay front lot in Lanark.   List price – $97,500    Sold price – $75,000   Days on market – 149   Days under contract – 10  Conventional financing

0 Hwy 98

MLS# 254227 – 2324 Hwy. 98 – .17 acre bay front/gulf front lot located in Lanark.  Property sold with metal fishing shack.   List price – $89,900    Sold price – $84,500   Days on market – 244   Days under contract – 24  Conventional financing

2324 Hwy 98

MLS# 255346 – 732 Wellborn Ave. – 3 bedroom/2 bath home sitting on 3 lots in Carrabelle.  List price – $116,000   Sold price – $100,000   Days on market – 79   Days under contract – 22  Cash purchase

732 Wellborn

MLS# 255598 – 352 Pirate’s Landing Dr. – 1 bedroom/2 bath river front condo in Pirate’s Landing.  List price – $117,500    Sold price – $105,000   Days on market – 4   Days under contract – 46  Cash purchase

352 Pirates

MLS# 255871 – 356 Pirate’s Landing Dr. – 1 bedroom/2 bath river front condo in Pirate’s Landing.  List price – $125,000   Sold price – $125,000   Days on market – 14   Days under contract – 13  Conventional financing

356 Pirates

MLS# 253491 – 604 Gulf Ave. – 3 bedroom/2 bath bay view home.   List price – $275,000    Sold price – $225,000  Days on market – 296   Days under contract – 74  Conventional financing

604 gulf

EASTPOINT

MLS# 255285 – 166 Singleleaf Rd. – 1.27 acre residential lot in Lakes on the Bluff.   List price – $21,500    Sold price – $15,000    Days on market – 66   Days under contract – 31  Cash purchase

166 Singleleaf

 

MLS# 255976 – 604 Wilderness Rd. – 3 bedroom/1 1/2 bath mobile home.  List price – $25,000    Sold price – $17,000   Days on market – 3   Days under contract – 7   Cash purchase

604 Wilderness

MLS# 255536 – 614 Ridge Rd. – 3 bedroom/2 bath mobile home.   List price – $19,900   Sold price – $21,000   Days on market – 21  Days under contract – 25   Conventional financing

614 Ridge

ALLIGATOR POINT

MLS#248795 – 12 Sun N Sand Blvd. – .22 acre residential lot.    List price – $37,500    Sold price – $35,000   Days on market – 1,057    Days under contract – 24   Cash purchase

12 Sun n Sand

 

As always, please feel free to contact me with any questions.

Mary