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FORGOTTEN COAST SALES UPDATE – FEBRUARY 2023

I hope you are enjoying another beautiful spring and wish you a very Happy Easter. Spring break will be winding down after the middle of April and that is a wonderful time to plan a visit to the area. The temperatures are still mild and the beaches are less crowded – like they are ever really crowded here!

Sales activity throughout St. George Island, Apalachicola, Carrabelle and Eastpoint was up substantially for the month of February 2023 with 45 total sales – 14 single family homes, 4 condo/town homes, 1 mobile home, 23 residential home sites and 3 commercial properties. Carrabelle saw the most activity with 18 total sales – 3 single family homes, 2 condo/town homes, 1 mobile home, 11 residential home sites and 1 commercial property. St. George Island had 8 total sales – 4 single family homes, 3 residential home sites and 1 commercial lot. Apalachicola had 6 total sales – 2 single family homes, 2 condo/multi family homes, 1 residential home site and 1 commercial lot. Eastpoint had 13 total sales – 5 single family homes and 8 residential home sites. Sales prices ranged from a low of $20,000 for a residential home site in Carrabelle to $1,487,500 for a 4 bedroom/4.5 bath bay front home with private pool and dock located in Magnolia Bay Subdivision in Eastpoint.

See below a summary of sales by area:

ST. GEORGE ISLAND

RESIDENTIAL HOME SITES:

MLS# 312063 – 544 W Sawyer St – .28 acre interior lot located in the Gulf Beaches List price – $127,000 Sold price – $115,000 Days on market – 173 Days under contract – 23 Cash purchase

544 W Sawyer St
544 W Sawyer St

MLS# 311890 – 1057 E Pine Ave – .33 acre bay view lot located in the Gulf Beaches List price – $179,000 Sold price – $141,500 Days on market – 169 Days under contract – 30 Cash purchase – 1031 Exchange

1057 E Pine Ave
1057 E Pine Ave

MLS# 312966 – 581 W Pine Ave – .43 acre bay/gulf view lot located in the Gulf Beaches List price – $192,000 Sold price – $189,000 Days on market – 52 Days under contract – 13 Cash purchase

581 W Pine Ave
581 W Pine Ave

SINGLE FAMILY HOMES:

MLS# 311717 – 1823 E Gulf Beach Dr – 2 bedroom/2 bath bay front home with private pool and dock located on the East End List price – $1,150,000 Sold price – $1,010,000 Days on market – 223 Days under contract – 12 Cash purchase

1823 E Gulf Beach Dr
1823 E Gulf Beach Dr

MLS# 313231 – 1245 E Gulf Beach Dr – 3 bedroom/2 bath gulf view home located on the East End List price – $1,180,000 Sold price – $1,100,000 Days on market – 17 Days under contract – 14 Cash purchase

1245 E Gulf Beach Dr
1245 E Gulf Beach Dr

MLS# 312923 – 709 W Gulf Beach Dr – 4 bedroom/3.5 bath gulf view home with private pool and elevator located in the Gulf Beaches List price – $1,300,000 Sold price – $1,110,000 Days on market – 14 Days under contract – 50 Conventional financing

709 W Gulf Beach Dr
709 W Gulf Beach Dr

MLS# 311454 – 1224 E Gulf Beach Dr – 4 bedroom/3 bath 1st tier gulf view home with private pool located on the East End List price – $1,390,000 Sold price – $1,335,000 Days on market – 205 Days under contract – 31 Conventional financing

1224 E Gulf Beach Dr
1224 E Gulf Beach Dr

COMMERCIAL:

MLS# 310025 – .46 acre (Lots 1,2,3 & 4) gulf view commercial lot located in the Gulf Beaches List price – $599,000 Sold price – $335,000 Days on market – 362 Days under contract – 17 Cash purchase – Lots 5 & 6 not included in purchase

259 E Gulf Beach Dr
259 E Gulf Beach Dr

APALACHICOLA

RESIDENTIAL HOME SITES:

MLS# 312734 – 140 17th St. – .13 acre lot located in the Historic North side List price – $59,900 Sold price – $49,900 Days on market – 103 Days under contract – 24 Cash purchase

140 17th St
140 17th St

SINGLE FAMILY/CONDO/MULTI-FAMILY HOMES:

MLS# 312739 – 226 Center St. – 2 bedroom/1 bath “fixer upper” home located in Neel’s Addition in Greater Apalachicola List price – $169,900 Sold price – $158,000 Days on market – 66 Days under contract – 33 Cash purchase

226 Center St
226 Center St

MLS# 312538 – 26 Apaco Ave – 3 bedroom/2.5 bath condo located in Greater Apalachicola List price – $249,000 Sold price – $240,000 Days on market – 89 Days under contract – 45 Conventional financing

26 Apaco Ave
26 Apaco Ave

MLS# 312558 – 145 6th St – 8 bedroom/8 bath multi-unit historical lodge located in the North Historic Side List price – $295,000 Sold price – $295,000 Days on market – 5 Days under contract – 112 Cash purchase

145 6th St
145 6th St

MLS# 312497 – 36 Myrtle Ave – 4 bedroom/3 bath bay view home located in Neel’s Addition in Greater Apalachicola List price – $595,000 Sold price – $562,500 Days on market – 112 Days under contract – 39 Conventional financing

36 Myrtle Ave
36 Myrtle Ave

COMMERCIAL:

MLS# 306838 – .11 acre mixed use (commercial/residential) lot located in Downtown Apalachicola List price – $65,000 Sold price – $50,000 Days on market – 719 Days under contract – 27 Cash purchase

178 Commerce St
178 Commerce St

CARRABELLE

RESIDENTIAL HOME SITES:

MLS# 313123 – .30 acre lot located in Riverside Heights in Carrabelle List price – $23,000 Sold price – $20,000 Days on market – 9 Days under contract – 24 Cash purchase – Buyer paid title insurance costs

510 NW 10th St
510 NW 10th St

MLS# 308726 – 108 Anglers Harbor Ln – .02 acre river view lot located in Angler’s Harbor in Carrabelle List price – $29,000 Sold price – $25,000 Days on market – 534 Days under contract – 34 Cash purchase – Buyer paid title insurance costs

108 Anglers Harbor Ln
108 Anglers Harbor Ln

MLS# 313173 – 289 Baywood Dr – 1 acre lot located in Baywood Estates in Carrabelle List price – $37,500 Sold price – $33,000 Days on market – 1 Days under contract – 14 Cash purchase

289 Baywood Dr
289 Baywood Dr

MLS# 310997 – 186 Mojita Dr – 1 acre river view lot located in Riverside Plantation in Carrabelle List price – $49,000 Sold price – $42,500 Day on market – 240 Days under contract – 42 Cash purchase

186 Mojita Dr
186 Mojita Dr

MLS# 313017 – 3471 Firefly Cir – .27 acre interior lot located in Summer Camp in St. Teresa List price – $69,000 Sold price – $68,000 Days on market – 38 Days under contract – 24 Cash purchase

3471 Firefly Cir
3471 Firefly Cir

MLS# 313090 – 213 NW Ave K – .92 acre (8 city lots) located in Keogh’s in Carrabelle List price – $89,000 Sold price – $72,500 Days on market – 13 Days under contract – 24 Cash purchase

213 NW Ave K
213 NW Ave K

MLS# 310198 – 352 Jay Jay Way – 1.07 acre river front lot located in Black Bear Bayou in Carrabelle List price – $112,000 Sold price – $80,000 Day on market – 352 Days under contract – 8 Cash purchase – Buyer paid title insurance costs

352 Jay Jay Way
352 Jay Jay Way

MLS# 312148 – 2033 Hwy 98 W – 1.09 acre interior lot located in McKissack Beach in Carrabelle List price – $99,000 Sold price – $87,500 Days on market – 168 Days under contract – 22 Cash purchase

2033 Hwy 98 W
2033 Hwy 98 W

MLS# 313170 – 1843 Hwy 98 W – Unit 50 – .01 acre improved RV lot located in Carrabelle Beach RV Resort List price – $149,900 Sold price – $145,000 Days on market – 14 Days under contract – 13 Cash purchase – Buyer paid title insurance costs

1843 Hwy 98 Unit 50
1843 Hwy 98 Unit 50

MLS #310196 – 351 Jay Jay Way – 3.31 acre river front lot located in Black Bear Bayou in Carrabelle List price – $180,000 Sold price – $150,000 Days on market – 352 Days under contract – 8 Cash purchase – Buyer paid title insurance costs

351 Jay Jay Way
351 Jay Jay Way

MLS# 313147 – 1843 Hwy 98 – Unit 60 – .05 acre improved RV lot located in Carrabelle Beach RV Resort List price – $169,900 Sold price – $160,000 Days on market – 26 Days under contract – 19 Cash purchase – Buyer paid title insurance costs

1843 Hwy 98 Unit 60
1843 Hwy 98 Unit 60

SINGLE FAMILY/CONDO/TOWN HOMES/MOBILE HOMES:

MLS# 313287 – 5-3 Parker Ave – 2 bedroom/1 bath unit located in Lanark Village List price – $95,000 Sold price – $97,000 Days on market – 6 Days under contract – 11 Cash purchase – Multiple offers

5 3 Parker Ave
5 3 Parker Ave

MLS# 312996 – 44D-4 Carlton Ave – 1 bedroom/1 bath corner unit located in Lanark Village List price – $139,900 Sold price – $139,000 Days on market – 30 Days under contract – 13 Cash purchase

44D 4 Carlton Ave
44D 4 Carlton Ave

MLS# 311937 – 2167 Maryland Ave – 2 bedroom/2 bath mobile home located in Lanark Beach List price – $165,000 Sold price – $150,000 Days on market – 114 Days under contract – 80 Cash purchase

2167 Maryland Ave
2167 Maryland Ave

MLS# 312864 – 352 Royal Tern Ct – 3 bedroom/2 bath new construction home located in St. James Bay subdivision List price – $399,000 Sold price – $394,000 Days on market – 38 Days under contract – 34 Conventional financing

352 Royal Tern Ct
352 Royal Tern Ct

MLS# 311828 – 388 Royal Tern Way – 3 bedroom/2 bath new construction home located in St. James Bay subdivision List price – $438,100 Sold price – $508,635 Days on market – 1 Days under contract – 217 Cash purchase – $70,535 in upgrades paid directly to Golden Construction

388 Royal Tern Way
388 Royal Tern Way

MLS# 313320 – 190 Harbeson Dr – 2 bedroom/2 bath river view home with large barn and cook shed sitting on 5 acres located in Carrabelle List price – $679,000 Sold price – $649,000 Days on market – 1 Cash purchase – Listed by nonmember office – Entered for comp purposes

190 Harbeson Dr
190 Harbeson Dr

COMMERCIAL:

MLS# 312453 – 103 12th St. – .27 acre lot zoned C1 commercial located in Carrabelle List price – $29,900 Sold price – $26,000 Days on market – 121 Days under contract – 25 Cash purchase – Closing costs divided equally

103 12th St
103 12th St

EASTPOINT

RESIDENTIAL HOME SITES:

MLS# 311752 – 99 Delaine Cir – 1 acre lot located in Sandy Acres List price – $40,000 Sold price – $23,500 Days on market – 190 Days under contract – 385 Cash purchase

99 Delaine Cir
99 Delaine Cir

MLS# 311753 – 103 Delaine Cir – 1 acre lot located in Sandy Acres List price – $40,000 Sold price – $23,500 Days on market – 190 Days under contract – 385 Cash purchase

103 Delaine Cir
103 Delaine Cir

MLS# 312118 – 20 Shuler St – .46 acre lot located in Eastpoint List price – $37,000 Sold price – $33,000 Days on market – 175 Days under contract – 16 Cash purchase

20 Shuler St
20 Shuler St

MLS# 313127 – 259 Sago Dr – 1 acre lot located in Magnolia Ridge subdivision List price – $45,700 Sold price – $42,000 Days on market – 20 Days under contract – 21 Cash purchase

259 Sago Dr
259 Sago Dr

MLS# 303627 – 324 Gramercy Plantation Blvd – 1.69 acre lot located in Gramercy Plantation subdivision List price – $54,900 Sold price – $50,000 Days on market – 1,089 Days under contract – 29 Cash purchase

324 Gramercy Plantation Blvd
324 Gramercy Plantation Blvd

MLS# 313243 – 144 Las Brisas Dr – .41 acre lot located in Las Brisas subdivision List price – $62,500 Sold price – $57,500 Days on market – 6 Days under contract – 18 Cash purchase

144 Las Brisas Dr
144 Las Brisas Dr

MLS# 312990 – 00 Longleaf Rd – 10 acre parcel located in Long Leaf subdivision List price – $70,000 Sold price – $64,500 Days on market – 25 Days under contract – 34 Cash purchase

00 Longleaf Rd
00 Longleaf Rd

MLS# 312488 – 239 Golden Honey Trail – 20 acre parcel located in Long Leaf subdivision List price – $159,000 Sold price – $120,000 Days on market – 130 Days under contract – 24 Cash purchase – Broker/owner – no commission paid

239 Golden Honey Trail
239 Golden Honey Trail

SINGLE FAMILY HOMES:

MLS# 312726 – 129 Las Brisas Way – 3 bedroom/2 bath new construction home located in Las Brisas subdivision List price – $399,000 Sold price – $395,000 Days on market – 71 Days under contract – 28 Conventional financing

129 Las Brisas Way
129 Las Brisas Way

MLS# 312549 – 164 N Bay Shore Dr – 3 bedroom/2.5 bath home located in Magnolia Bluff List price – $425,000 Sold price – $400,000 Days on market – 105 Days under contract – 39 FHA financing

164 N Bay Shore Dr
164 N Bay Shore Dr

MLS# 310107 – 9 Hammock Cove Rd – 3 bedroom/2 bath bay front home located in Hammock Shores subdivision List price – $525,000 Sold price – $450,000 Days on market – 341 Days under contract – 36 Cash purchase

9 Hammock Cove Rd
9 Hammock Cove Rd

MLS# 311980 – 200 Gramercy Plantation Blvd – 4 bedroom/3 bath bay front home located in Gramercy Plantation subdivision List price – $799,000 Sold price – $750,000 Days on market – 177 Days under contract – 17 Cash purchase

200 Gramercy Plantation Blvd
200 Gramercy Plantation Blvd

MLS# 312847 – 257 Magnolia Bay Dr – 4 bedroom/4.5 bath bay front home with private pool, dock and boat lift located in Magnolia Bay subdivision List price – $1,495,000 Sold price – $1,487,500 Days on market – 40 Days under contract – 33 Conventional financing – 2 new water heaters installed to satisfy 4 point inspection

257 Magnolia Bay Dr
257 Magnolia Bay Dr