The beauty of Florida’s Forgotten Coast is epitomized in the coastal fishing town of Apalachicola! Fresh seafood is caught and cooked daily to the delight of locals and wanderers alike. The historic downtown boasts intricate and exquisite Victorian Style homes. Old oak trees and tall pines sprawl throughout the town, creating an authentic Southern atmosphere. The downtown is dotted with fabulous shopping boutiques and gourmet eateries. Come relax and explore in this hidden gem.
Considering the serenity and peace found in this area, it is no wonder that the real estate sales in the area have been on the rise. In the month of July, the Apalachicola and St. George Island regions saw 19 properties sold! There were 5 Apalachicola homes sold, 5 St. George Island homes sold, and 9 St. George Island properties (vacant lots) sold! Two of these properties were in a bank owned, short sale, foreclosure, or REO situation, but 6 of the properties were purchased with CASH!
While cash is a great bargaining tool in the Real Estate market, the loan rates are becoming increasingly agreable for the buyer looking to finance! The current 30-year fixed rate is @ 3.83%, and the 15-year fixed rate is @3.00%!
One of Apalachicola’s more unique properties was sold in July. This beautiful Bay Front property has three levels of seperate units, each with three bedrooms, 2 baths, and stunning sunset views. Each level has a fully operational kitchen, hardwood floors, and available parking. This has been a lucrative rental property, with each section renting for over $1,000 a month! It’s no wonder this property lasted on the market only 48 days. The most amazing part of this sale was the purchase price! This property was purchased for only $384,000, a great deal less than the 2006 selling price of $1,020,000!
This quaint, 1930s Florida-style cottage in the Historic North District of Apalachicola has everything a vacation home needs to offer. The cheery home has beautiful oak floors through out, a large updated kitchen, and an outdoor shed complete with electricty and a fish cleaning station. The property lasted only 136 days on the market. Although the asking price was nearly $240,000, the CASH buyers purchased the property for $215,000!
This beautiful Apalachicola Family home has been well maintained since its completion in 2002. The 3 Bedroom, 2 Bathroom home has a home office, hardwood floors, and a huge screened in back porch. The back yard is fenced, and provides plenty of space for entertaining friends or enjoying time with family. A cozy fireplace and well-laid out kitchen makes this a lovely spot to come and gather. The home was on the market only 64 days before being purchased for only $190,000!
Over in St. George Island, there were several properties sold in the coveted and exclusive Plantation Community. This impressive lot sold as soon as it hit the market. The Gulf Front property is a 1 acre lot on the pristine beaches of the Gulf of Mexico. Although the asking price was $825,000 for this property, it sold for $795,000! Even more impressive, this same property sold in 2005 for $2,300,000!
Also in the Plantation, this Gulf View corner lot just sold after being listed for only 8 days. The half-acre property was purchased with CASH for an incredible $72,000!
This incredible St. George Island home was on the market for only 18 days. The Gulf View, bank owned property has easy to maintain tile throughout it’s 3 Bedroom, 2 Bathroom floor plan. The home also has a private pool, an open floor plan, and jacuzzi tub in the master bathroom. This home sold for just $416,000, a great deal less than it’s 2002 selling price of $575,000!
Looking for your own perfect beach bum getaway? Feel free to contact g3 Realty Group anytime for the most up to date information on buying or selling Indian Pass Real Estate, Cape San Blas Real Estate, Apalachicola Real Estate, St. George Island Real Estate, Mexico Beach Real Estate, Port St. Joe Real Estate, Windmark Beach Real Estate, or Wewahitchka Real Estate. It’s easy, just call, click, or email g3 Realty Group and experience the most Positive, Progressive, Professional Service, and Honest Direction for all your real estate needs! One of our top selling Forgotten Coast Real Estate Agents will be pleased to hear from you! Our Southern Hospitality is tried, true, and next to none!