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FORGOTTEN COAST SALES UPDATE – FEBRUARY 2019

Spring break season is here and the weather could not be more perfect.  Temperatures in the low 70’s and lots of sunshine.  Two of our granddaughters will be here the 1st week of April and we cannot wait. Things seem so much better when you have your grandkids around.

Sales activity remained somewhat slow again for the month of February.  There were 29 total sales – 14 single family homes, 2 town home/condos, 3 mobile homes, 9 residential home sites and 1 commercial property in Apalachicola.  Carrabelle saw the most activity with 14 total sales – 6 single family homes, 3 mobile homes 1 town home/condo and 4 residential home sites.  St. George Island had 4 total sales – 1 single family home, 1 town home and 2 residential home sites.  Apalachicola had 7 total sales – 5 single family homes, 1 residential home site and 1 commercial property.  Eastpoint had 4 total sales – 2 single family homes and 2 residential home sites.  Sales prices ranged from a low of $18,000 for a 1 acre home site in Deer Run Estates in Carrabelle to $1,750,000 for a 6 bedroom/6 bath gulf front home with private pool located in the Gulf Beaches on St. George Island.

See below a detailed summary of sales by area:

ST. GEORGE ISLAND

RESIDENTIAL HOME SITES:

MLS# 259967 – 501 E. Pine Ave. – .40 acre gulf view lot located in the Gulf Beaches    List price – $95,000    Sold price – $90,500    Days on market – 517    Days under contract – 44   Conventional financing

501 e pine

MLS# 262930 – 2031 Sand Dollar Trail – 1.17 acre Plantation bay front lot     List price – $295,000    Sold price – $270,000    Days on market – 147    Days under contract – 30    Cash purchase

2031 sand dollar

SINGLE FAMILY HOMES/TOWN HOMES:

MLS# 300563 – 300 Ocean Mile Unit L-1 – 1 bedroom/1 bath end unit with views of gulf and bay     List price – $239,000    Sold price – $225,000    Days on market – 23     Days under contract – 18   Cash purchase

OM L1

MLS# 300307 – 1048 E. Gorrie Dr. – 6 bedroom/6 bath gulf front home with private pool and elevator located in the Gulf Beaches    List price – $1,895,000    Sold price – $1,750,000    Days on market – 225    Days under contract – 50   Conventional financing

1048 e gorrie

APALACHICOLA

RESIDENTIAL HOME SITES:

MLS# 300371 – 225 Avenue D – .18 acre lot located in Neel’s Addition in Greater Apalachicola    List price – $75,500    Sold price – $69,500    Days on market – 39    Days under contract – 20   Cash purchase

225 ave d

SINGLE FAMILY HOMES:

MLS# 300176 – 53 Bayshore Dr. – 3 bedroom/1 bath home located in Greater Apalachicola    List price – $145,000    Sold price – $125,000    Days on market – 70    Days under contract – 48    FHA financing

53 bay shore

MLS# 263054 – 362 21st Ave. – 2 bedroom/2 bath home located in Greater Apalachicola    List price – $135,000    Sold price – $126,000     Days on market – 126    Days under contract – 20   Cash purchase

362 21st

MLS# 300628 – 165 7th St. – 2 bedroom/1 bath newly renovated Florida Cottage located in the North Historic side     List price – $168,800    Sold price – $158,800    Days on market – 6    Days under contract – 35    Cash purchase

165 7th

MLS# 300609 – 107 Rex Buzzett St. – 2 bedroom/2 bath home located in Greater Apalachicola     List price – $165,000     Sold price – $160,000    Days on market – 16    Days under contract – 10   Cash purchase – Seller gave buyer $1,000 repair credit

107 rex

MLS# 261873 – 94 16th St. – 2 bedroom/1 & .5 bath cottage located in the North Historic Side    List Price – $199,900    Sold price – $175,027   Days on market – 257    Days under contract – 51    Conventional financing

94 16th

COMMERCIAL:

MLS# 300742 – 127 Commerce St. – Mixed use commercial unit in High Cotton Marketplace    FSBO – not listed in MLS   Cash purchase

127 commerce

CARRABELLE

RESIDENTIAL HOME SITES:

MLS# 262942 – 136 Craig St. – 1 acre lot located in Deer Run Estates in Carrabelle    List price – $23,000    Sold price – $18,000   Days on market – 164     Days under contract – 16    Cash purchase

136 craig

MLS# 262780 – 1991 Hwy. 98 – 1 acre bay view lot located in McKissack subdivision in Carrabelle     List price – $49,900    Sold price – $37,500    Days on market – 207    Days under contract – 16    Cash purchase

1991 hwy 98

MLS# 300454 – 2125 Hwy. 98 – 1.72 acre bay view lot located in McKissack subdivision in Carrabelle    List price – $79,000    Sold price – $65,000    Days on market – 5     Days under contract – 32    Cash purchase

2125 hwy 98

MLS# 300605 – 448 Mill Rd. – 36 acre parcel which backs up to national forest     List price – $139,900    Sold price – $138,900    Days on market – 5     Days under contract – 32      Seller Financing

448 mill

SINGLE FAMILY HOMES/MOBILE HOMES/TOWN HOMES:

MLS# 300624 – 104 NE 1st St. – 2 bedroom/1 bath mobile home located in Carrabelle     List price – $40,000    Sold price – $41,000    Days on market – 5    Days under contract – 30    Cash purchase

104 ne 1st

MLS# 300447 – 173 Alabama St. – 2 bedroom/1 bath mobile home located in Lanark Village     List price – $79,000    Sold price – $60,000    Days on market – 36    Days under contract – 16    Cash purchase

173 alabama

MLS# 300959 – 704 SE 7th St. – 3 bedroom/2 bath home located in Carrabelle     List price – $125,000    Sold price – $65,000    Days on market – 92   Cash purchase – Entered for comp purposes only

704 se 7th

MLS# 262818 – 9 Parker Ave. 3&4 – 2 bedroom/1 bath unit in Lanark Village     List price – $76,500    Sold price – $69,500    Days on market – 157     Days under contract –  19    Cash purchase – Seller gave buyer $300 credit for 1/2 cost of HWH

9 parker

MLS# 262929 – 408 W. 11th St. – 2 bedroom/1 bath home located in Carrabelle     List price – $88,900    Sold price – $88,900    Days on market – 161    Days under contract – 28     Conventional financing – Seller paid $2,250 of buyers costs

408 w 11th

MLS# 262423 – 209 East Meridian St. – 3 bedroom/2 bath home located in Carrabelle    List price – $149,000    Sold price – $145,000     Days on market – 179    Days under contract – 80    VA Financing

209 meridian

MLS# 300182 – 1843 Hwy 98 – 1 bedroom/1 bath modular home located at Carrabelle Beach Resort    List price – $157,000    Sold price – $150,000    Days on market – 72    Days under contract –  32    Cash purchase    Lot 29 in Carrabelle RV was given to seller as partial consideration

1843 hwy 98

MLS# 262777 – 102 Elm St. – 2 bedroom/2 bath home located in Lanark Village    List price – $169,000    Sold price – $152,500     Days on market – 163     Days under contract – 38    Cash purchase

102 elm

MLS# 300967 – 2857 Hwy 98 – 2 bedroom/2 bath home located in St. James      List price – $199,000    Sold price – $185,000    Days on market – 2,915     Days under contract – 10    Cash purchase

2857 hwy 98

MLS# 300465 – 2361 Hwy 98 – 3 bedroom/3 bath bay view home located in Lanark     List price – $349,900    Sold price – $318,000    Days on market – 11    Days under contract – 31     Cash purchase

2361 hwy 98

EASTPOINT

RESIDENTIAL HOME SITES:

MLS# 300101 – 241 Cross Creek Ct. – 1 acre lot located in Magnolia Bay subdivision     List price – $23,500    Sold price – $20,000    Days on market – 77    Days under contract – 42    Cash purchase – Buyer is licensed Florida real estate agent and took no commission.  Also paid title insurance and closing

241 cross

MLS# 300694 – 827 Hwy 98 – 1 acre bay front lot located in Indian Mound Shores     List price – $68,900    Sold price – $60,000    Days on market – 7    Days under contract – 15    Cash purchase

827 hwy 98

SINGLE FAMILY HOMES:

MLS# 300655 –  30 Jefferson St. – 3 bedroom/2 bath home     List price – $169,000    Sold price – $164,000    Days on market – 6     Days under contract – 30    Conventional financing

30 jefferson

MLS# 259740 – 134 Shadow Bay Dr. – 3 bedroom/2 bath home located in Magnolia Ridge subdivision     List price – $299,000    Sold price – $289,000    Days on market – 519    Days under contract – 77   FHA financing

134 shadow