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FORGOTTEN COAST SALES UPDATE – JULY 2019

HAPPY LABOR DAY!

Sales activity was up again for the month of July with 49 total sales throughout St. George Island, Apalachicola, Carrabelle and Eastpoint. St. George Island and Carrabelle each had 17 total sales. On St. George Island the 17 sales were comprised of 8 single family homes, 2 units in 300 Ocean Mile and 7 residential home sites. In Carrabelle the 17 sales were comprised of 3 single family homes, 4 town homes/condos, 1 mobile home, 1 improved RV lot and 8 residential home sites. Apalachicola had 8 total sales – 4 single family homes, 1 mobile home, 2 residential home sites and 1 commercial lot. Eastpoint had 7 total sales – 3 single family homes, 3 residential home sites and 1 commercial parcel of land. Sales ranged from a low of $6,000 for a residential lot in Carrabelle Landing to a high of $795,000 for a 1 acre Plantation gulf front lot.

See a detailed summary of sales by area below:

ST. GEORGE ISLAND

RESIDENTIAL HOME SITES:

MLS# 261049 – 749 E Pine Ave. – .31 acre bay view lot located in the Gulf Beaches List price – $84,900 Sold price – $78,000 Days on market – 493 Days under contract – 24 Cash purchase

MLS# 300539 – 740 W Bayshore Dr. – .33 acre interior lot located in the Gulf Beaches List price – $79,000 Sold price – $75,000 Days on market – 172 Days under contract – 25 Cash purchase

MLS# 301465 – 516 W Sawyer St. – .279 acre bay view lot located in the Gulf Beaches List price – $69,500 Sold price – $65,000 Days on market – 64 Days under contract – 35 Cash purchase

MLS# 301039 – 1332 Azalea Dr. – 1 acre gulf view Plantation lot List price – $169,000 Sold price – $150,000 Days on market – 111 Days under contract – 32 Cash purchase

MLS# 301563 – 1740 Kumquat Ct. – 1 acre Plantation 1st tier lot List price – $289,000 Sold price – $271,000 Days on market – 55 Days under contract – 35 Cash purchase

MLS# 301810 – 1720 Kumquat Ct. – 1 acre Plantation gulf front lot List price – $795,000 Sold price – $775,000 Days on market – 24 Days under contract – 23 Cash purchase – Tax deferred exchange

MLS# 301467 – 1728 Kumquat Ct. – 1 acre Plantation gulf front lot List price – $825,000 Sold price – $795,000 Days on market – 58 Days under contract – 36 Cash purchase

SINGLE FAMILY HOMES/TOWN HOMES:

MLS# 301710 – 300 Ocean Mile L2 – 1 bedroom/1 bath unit in 300 Ocean Mile List price – $243,900 Sold price – $235,000 Days on market – 16 Days under contract – 41 Conventional financing

MLS# 301263 – 300 Ocean Mile K-7 – 1 bedroom/1 bath unit in 300 Ocean Mile List price – $279,000 Sold price – $265,000 Days on market – 63 Days under contract – 31 Conventional financing

MLS# 300910 – 541 W. Pine Ave. – 3 bedroom/2 bath gulf view home located in the Gulf Beaches List price – $399,900 Sold price – $386,000 Days on market – 79 Days under contract – 61 Conventional financing – Reduced commission and split title insurance

MLS# 300951 – 1659 Gannet Ct. – 3 bedroom/2 bath Plantation interior home List price – $425,000 Sold price – $398,000 Days on market – 130 Days under contract – 12 Cash purchase

MLS# 301779 – 809 W. Gulf Beach Dr. – 3 bedroom/3 bath gulf view home located in the Gulf Beaches List price – $519,000 Sold price – $507,000 Days on market – 4 Days under contract – 48 Conventional financing

MLS# 300995 – 565 W. Gorrie Dr. – 5 bedroom/4 bath – ground level 1st tier home with separate guest cottage and pool located in the Gulf Beaches List price – $599,000 Sold price – $540,000 Days on market – 78 Days under contract – 59 Conventional financing – part of purchase price was a vacant land transfer

MLS# 301517 – 715 Randolph St. – 2 bedroom/2 bath canal front home with boat launch, dock and boat lift located in the Gulf Beaches List price – $575,000 Sold price – $565,000 Days on market – 57 Days under contract – 10 Cash purchase

MLS# 301449 – 701 E. Gorrie Dr. – 4 bedroom/4 bath 1st tier home located in the Gulf Beaches List price – $649,000 Sold price – $644,000 Days on market – 52 Days under contract – 30 Cash purchase

MLS# 301912 – 351 Bruce St. – 3 bedroom/3 bath bay front home with boat dock and boat lift List price – $798,000 Sold price – $779,000 Days on market – 16 Days under contract – 20 Cash purchase

APALACHICOLA

RESIDENTIAL HOME SITES:

MLS# 300519 – 72 13th St. – .14 acre lot located in the South Historic side List price – $89,900 Sold price – $85,000 Day on market – 180 Days under contract – 24 days Cash purchase

MLS# 301968 – 60 15th St. – .138 acre lot located in the Historic South side List price – $149,000 Sold price – $145,000 Days on market – 8 Days under contract – 37 Cash purchase

SINGLE FAMILY HOMES/MOBILE HOMES:

MLS# 302014 – 38 Alan Dr. – 2 bedroom/2 bath mobile home located in Greater Apalachicola List price – $59,900 Sold price – $55,000 Days on market – 14 Days under contract – 11 Cash purchase – buyer paid $3,000 towards closing costs

MLS# 300079 – 328 Bay City Rd. – 3 bedroom/2 bath home sitting on 5.2 acres in Greater Apalachicola List price – $179,000 Sold price – $150,000 Days on market – 156 Days under contract – 140 Conventional financing

MLS# 301383 – 18 Shadow Ln. – 3 bedroom/2 bath home located in Greater Apalachicola List price – $289,900 Sold price – $245,000 Days on market – 74 Days under contract – 12 Cash purchase

MLS# 262014 – 160 Ave. D – 2 bedroom/2 bath home located in the Historic South side List price – $325,000 Sold price – $310,000 Days on market – 404 Days under contract – 37 Conventional financing

MLS# 259335 – 40 Myrtle Ave. – 4 bedroom/3 bath home located in Neels Addition in Greater Apalachicola List price – $359,000 Sold price – $340,000 Days on market – 749 Days under contract – 35 Conventional financing

COMMERCIAL:

MLS# 300061 – 205 12th St. – 2 city lots with 600 sq. ft. concrete block building – zoned R-4 Mixed Use Residential List price – $110,000 Sold price – $103,000 Days on market – 262 Days under contract – 10 Cash purchase

CARRABELLE

RESIDENTIAL HOME SITES:

MLS# 301669 – 1646 Landing St. – .15 acre lot in Carrabelle Landing List price – $8,700 Sold price – $6,000 Days on market – 25 Days under contract – 32 Cash purchase

MLS# 301129 – 912 NE 6th St. – .114 acre lot located in Carrabelle List price – $15,500 Sold price – $11,500 Days on market – 114 Days under contract – 23 Cash purchase

MLS# 301247 – 2025 Hwy 98 – 1.08 acre lot located in McKissack Beach List price – $29,900 Sold price – $27,000 Days on market – 100 Days under contract – 22 Cash purchase

MLS# 301694 – 361 Sandalwood Trace – .12 acre river front lot in Sandalwood List price – $59,900 Sold price – $42,500 Days on market – 14 Days under contract – 33 Cash purchase

MLS# 301481 – 105 Anglers Harbor Ct. – .12 acre river front lot located in Anglers Harbor List price – $53,900 Sold price – $46,000 Days on market – 70 Days under contract – 26 Cash purchase

MLS# 301693 – 357 Sandalwood Trace – .12 acre river front lot located in Sandalwood List price – $59,900 Sold price – $55,000 Days on market – 16 Days under contract – 33 Conventional financing

MLS# 262804 – 2195 Hwy 98 – 1 acre bay view lot located in Carrabelle List price – $85,000 Sold price – $80,000 Days on market – 318 Days under contract – 30 Cash purchase

MLS# 300940 – 305 Fairview Rd. – .20 acre gulf view lot located in Summer Camp List price – $108,900 Sold price – $200,000 Days on market – 127 Days under contract – 23 Cash purchase – Purchase price includes the sale of lot 89 also

IMPROVED RV SITES:

MLS# 301543 – 1843 Hwy 98 – .10 acre RV site located in Carrabelle Beach RV Resort List price – $63,900 Sold price – $63,000 Days on market – 36 Days under contract – 26 Cash purchase

SINGLE FAMILY/TOWH HOMES/CONDO/MOBILE HOMES:

MLS# 301639 – 14-5 Parker Ave. – 1 bedroom/1 bath unit in Lanark Village List price – $65,000 Sold price – $55,000 Days on market – 53 Days under contract – 30 Financing assumed

MLS# 300886 – 50-3 E Pine St. – 2 bedroom/1 bath unit in Lanark Village List price – $95,000 Sold price – $89,900 Days on market – 117 Days under contract – 20 Cash purchase

MLS# 300997 – 138 Florida St. – 2 bedroom/2 bath mobile home located in Lanark Beach List price – $144,000 Sold price – $125,000 Days on market – 101 Days under contract – 30 $50K Cash balance conventional loan

MLS# 301909 – 356 Pirates Landing – 1 bedroom/2 bath river view unit in Pirates Landing List price – $159,000 Sold price – $159,000 Days on market – 1 Days under contract – 33 Conventional financing

MLS# 301862 – 376 Pirates Landing – 1 bedroom/2 bath river front condo in Pirates Landing List price – $159,000 Sold price – $159,010 Days on market – 6 Days under contract – 41 Conventional financing – Buyer paid closing cost

MLS# 301795 – 502 4th St. – 3 bedroom/2 bath home located in Carrabelle List price – $165,000 Sold price – $134,000 Days on market – 22 Days under contract – 20 Cash purchase – Home needed a new roof and electric wasn’t upgraded

MLS# 262632 – 102 Franklin St. – 3 bedroom/2 bath home located in Lanark List price – $267,000 Sold price – $269,500 Days on market – 339 Days under contract – 35 VA financing – Sale included adjacent lot

MLS# 301732 – 1778 Carrabelle Beach Dr. – 3 bedroom/2 bath gulf view home located in McKissack Beach List price – $499,000 Sold price – $490,000 Days on market – 2 Days under contract – 50 Conventional financing

EASTPOINT

RESIDENTIAL HOME SITES:

MLS# 301425 – 159 Singleleaf Dr. – .60 acre lot located in Lakes on the Bluff List price – $12,500 Sold price – $12,500 Days on market – 59 Days under contract – 31 Cash purchase

MLS# 301424 – 155 Singleleaf Rd. – .50 acre lot located in Lakes on the Bluff List price – $12,500 Sold price – $12,500 Days on market – 59 Days under contract – 26 Cash purchase

MLS# 300680 – 246 Boncycle Dr. – 1.04 acre lot located in Gramercy Plantation List price – $15,000 Sold price – $15,000 Days on market – 155 Days under contract – 13 Cash purchase

SINGLE FAMILY HOMES:

MLS# 301123 – 547 Hwy 98 – 2 bedroom/1 bath bay view home zoned C-4 – Mixed use residential List price – $69,000 Sold price – $69,000 Days on market – 100 Days under contract – 16 Seller financing

MLS# 302031 – 24 Franklin St. – 2 bedroom/2 bath home located in Eastpoint List price – $139,000 Sold price – $139,000 Days on market – 2 Days under contract – 15 Cash purchase

MLS# 301970 – 300 Magnolia Bay Dr. – 4 bedroom/2 & 2 1/2 bath home located in Magnolia Bay Subdivision List price – $359,000 Sold price – $350,000 Days on market – 7 Days under contract – 30 Conventional financing – Sellers gave buyers repair credit of $1,660

COMMERCIAL:

MLS# 301993 – 0 Island Dr. – 1.46 acre – 2 adjacent parcels List price – $159,000 Sold price – $135,000 Days on market – 11 Days under contract – 21 Cash purchase – Buyer paid title insurance