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FORGOTTEN COAST SALES UPDATE – OCTOBER 2017

HAPPY THANKSGIVING!!!

I want to wish everyone a very Happy Thanksgiving.  If you are fortunate to be spending your holiday here on the coast, I hope the weather will co-operate and that you can enjoy the many holiday weekend festivities.  Santa will arrive in Apalachicola on his shrimp boat on Friday afternoon and all the local shops will be decorated for Christmas and stay open late .  What better way to begin the Christmas holiday season.

Sales activity for the month of October was down quite a bit from previous months with just 25 total sales – 9 single family homes, 5 condo/town homes, 10 residential home sites and 1 commercial listing.  St. George Island saw the most activity with 10 total sales – 4 single family homes and 10 residential home sites.  In Apalachicola there were 8 total sales – 4 single family homes, 1 condo, 2 residential home sites and 1 commercial office space in High Cotton Marketplace.  In Carrabelle there were 6 total sales – 4 condo/town homes and 2 residential home sites.  Eastpoint had 1 multi-family home sale.  Sales ranged from a low of $12,900 for a residential home site in the North Historic district to $1,205,000 for a 5 bedroom/4 bath gulf front Plantation home with private pool.

See below details of properties sold by area:

ST. GEORGE ISLAND

RESIDENTIAL HOME SITES:

MLS# 249627 – 308 W. Pine Ave. – .33 acre home site located in the Gulf Beaches.   List price – $85,000   Sold price – $75,000   Days on market – 1,517   Days under contract – 55   Conventional financing

308 W Pine

MLS# 259176 – 1328 Azalea Dr. – 1 acre Plantation gulf view lot.    List price – $149,000   Sold price – $109,000    Days on market – 156   Days under contract – 18   Conventional financing

1328 Azalea

MLS# 255436 – 1832 Sunset Dr. – .28 acre 1st tier bank owned lot located in Sunset Beach.    List price – $145,000   Sold price – $136,000   Days on market – 680    Days under contract – 21   Conventional financing

1832 Sunset

MLS# 260160 – 781 E. Gulf Beach Dr. – .33 acre gulf view corner lot located in the Gulf Beaches.   List price – $169,000   Sold price – $159,000   Days on market – 8    Days under contract – 8  Conventional financing

781 EGB

MLS# 259503 – 748 W. Gulf Beach Dr. – .30 acre 2nd tier gulf view lot located in the Gulf Beaches     List price – $159,000   Sold price – $159,000    Days on market – 71  Days under contract – 51   Conventional financing

748 WGB

MLS# 260253 – 1518 Gulf View Way – .46 acre gulf front lot located in Resort Village in the Plantation.   List price – $410,000    Sold price – $385,000   Days on market – 0    Days under contract – 23   Cash purchase

1518 Gulf View

SINGLE FAMILY HOMES:

MLS# 259307 – 625 W. Pine Ave. – 2 bedroom/2 bath renovated beach cottage located in the Gulf Beaches    List price – $375,000   Sold price – $360,000    Days on market – 110    Days under contract – 51   Conventional financing

625 W Pine

MLS# 257516 – 1518 Windy Pass – 4 bedroom/4 1/2 bath 1st tier home located in The Bluffs in the Plantation.    List price – $595,000   Sold price – $557,500     Days on market – 364    Days under contract – 41   Cash purchase – Purchase price reflects needed repairs

1518 Windy

MLS# 260141 – 1756 E. Gulf Beach Dr. – 3 bedroom/3 bath 1st tier home located on the East End.   List price – $575,000   Sold price – $570,000   Days on market – 1   Days under contract – 49   Conventional financing

1756 EGB

MLS# 259443 – 1532 Seaside Dr. – 5 bedroom/4 bath Plantation gulf front home with private pool.   List price – $1,275,000    Sold price – $1,205,000   Days on market – 91    Days under contract – 42   Conventional financing

1532 Seaside

APALACHICOLA

RESIDENTIAL HOME SITES:

MLS# 259674 – 171 14th St. – .14 acre lot located in the North Historic side     List price – $12,900    Sold price – $12,900    Days on market – 78   Days under contract – 32    Conventional financing

171 14th

MLS# 259590 – 140 5th St. – .14 acre corner lot located in the North Historic side     List price – $39,900   Sold price – $38,000    Days on market – 69   Days under contract – 35   Cash purchase

140 5th

SINGLE FAMILY HOMES/CONDOS:

MLS# 250104 – 232 6th St. – 3 bedroom/2 bath abandoned home located in the North Historic side     List price – $50,000    Sold price – $31,000    Days on market – 1,473    Days under contract – 33     Cash purchase

232 6th

MLS# 259001 – 87 Avenue J – 3 bedroom “fixer-upper” home sitting on a corner lot in the North Historic side     List price – $55,000    Sold price – $50,000    Days on market – 175   Days under contract – 21    Cash purchase

87 Ave J

MLS3 #256694 – 156 6th St. – 2 bedroom home originally constructed in 1880 located in the North Historic side     List price – $89,000     Sold price – $75,000   Days on market – 478    Days under contract – 35   Conventional financing

156 6th

MLS# 259600 – 62 Chapman Rd. – 4 bedroom/3 bath bank owned home located in Greater Apalachicola     List price – $98,900   Sold price – $92,000     Days on market – 99    Days under contract – 14   Conventional financing

62 Chapman

MLS# 258848 – 329 Water St. #108 – 2 bedroom/2 bath condo located in the Water Street Hotel     List price – $250,000    Sold price – $250,000    Days on market – 185   Days under contract – 41    Cash purchase

329 Water

COMMERCIAL:

MLS# 259949 – 232 Water St. – Commercial space located in High Cotton Marketplace in downtown Apalachicola     List price – $195,000    Sold price – $180,000    Days on market – 0   Days under contract – 76   Conventional financing

232 Water

CARRABELLE

RESIDENTIAL HOME SITES:

MLS# 257816 – 2921 Hwy. 98 – .69 acre (2 lots) 1st tier home site located in St. James     List price – $27,500   Sold price – $25,000    Days on market – 300   Days under contract – 27   Conventional financing

2921 Hwy 98

MLS# 260023 – 143 Putnal St. – 2 acres (2 adjoining lots) located in Deer Run Estates    List price – $100,000    Sold price – $88,000    Days on market – 0    Days under contract – 52   Cash purchase

143 Putnal

CONDOS/TOWN HOMES:

MLS# 259945 – 37 Pine Ave. #5/6 – 2 bedroom/2 bath (2 units) renovated units in Lanark Village     List price – $92,500    Sold price – $80,000    Days on market – 57    Days under contract – 23   FHA financing

37 Pine

MLS# 260337 – 3186 Hwy. 98 #F7 – 1 bedroom/1 bath condo in Bungalows on the Bay in St. James     List price – $139,900    Sold price – $139,900    Days on the market – 0   Days under contract – 22   Conventional financing

3186 F7

MLS# 260319 – 501 Avenue A, #B – 3 bedroom/2 bath town home located in the Sands of Carrabelle     List price – $160,000    Sold price – $160,000   Days on market – 0   Days under contract – 41    Cash purchase

501 Ave A

MLS# 259504 – 3186 Hwy 98 #E3 – 2 bedroom/2 bath condo in Bungalows on the Bay in St. James     List price – $169,000   Sold price – $164,789   Days on the market – 77   Days under contract – 22    Cash purchase

3186 E3

EASTPOINT

MULTI-FAMILY HOMES:

MLS# 259771 – 263 Patton Dr. – Rental property – a single family home and 3 RV campers with hookups for electricity and water     List price – $245,000    Sold price – $240,000    Days on market – 8   Days under contract – 75   Conventional financing

263 Patton