Spring 2015 has sprung here along The Forgotten Coast and the beautiful beaches of St. George Island are dotted with locals and visitors alike, as the activity in the St. George Island and Apalachicola Real Estate Markets HEAT UP! Clear skies, cool breezes, sugar white sand, and of course, that pristine water of The Gulf of Mexico! Such a wonderful time to live, work, & play here on Florida’s Forgotten Coast!
There were 19 Apalachicola Real Estate and St. George Island Real Estate Sales during the month of January. 8 Apalachicola Homes Sold, and 2 Apalachicola Properties (Vacant Lots) Sold! There were also 7 St. George Island Homes Sold, as well as 2 St. George Island Properties (Vacant Lots). 5 of these sales were the result of a Bank Owned, Short Sale, Foreclosure, or REO situation, while 9 of these were CASH transactions!
In February, there were 21 Apalachicola and St. George Island Real Estate Sales! There were 5 Apalachicola Homes, 5 Apalachicola Properties (Vacant Lots), 6 St. George Island Homes, and 5 St. George Island Properties (Vacant Lots) SOLD! Four of these sales were due to a Bank Owned, Short Sale, Foreclosure, or REO situation. 14 of these transactions were CASH SALES!
While cash has been a hot choice, traditional loans are certainly a good option for many. The current rates make owning a piece of St. George Island Real Estate very affordable too, with the current 30 year fixed rate @ 3.99% and the 15 year fixed rate @ 3.375%!
Located in the exclusive St. George Plantation is the “Indulegence”, a 5 Bedroom, 6 Bathroom Gulf Front home. This impressive retreat offers multilevel verandas, multiple living spaces, and unbeatable views and just SOLD for $1,660,000! On the market for less than a year, it’s not surprising that it went quickly, because this same property sold for $2,036,000 in 2004!
Located between Apalachicola and St. George Island, this Eastpoint Home recently sold for $745,000. The large 3,600 square foot home has 4 Bedrooms, 4 1/2 Bathrooms, pool and hot tub, as well as a jet ski and boat lift off of the custom dock for this Bay Front Home and with all of the extras, it’s no wonder this same home sold for $1,400,000 in 2005!
Another great deal was made on this 3 Bedroom, 3 1/2 Bathroom St. George Island Beach Home centrally located on the island that just SOLD for only$375,000! That’s a far cry from the 2004 price tag of $705,000. A short walk to the beach and down the road from shops and restraunts, this will make the perfect family getaway!
This St. George Island Home was purchased with CASH this past month and the buyer got a wonderful deal, paying only $325,000 for this spacious 4 Bedroom, 4 Bathroom home. This was a very good deal indeed, considering this same property sold for $457,600 in 2006! Gulf views are visible from many living areas of this home, including the Master Bedroom.
This lovely family home in Apalachicola was also purchased with CASH. Cash can be a powerful bargaining tool, as this property SOLD for $342,500, nearly $32,000 less than the asking price! Sitting on almost half an acre, this 3 Bedroom, 2 1/2 Bathroom home was only on the market for about four months. It is located in the historic South side of Apalachicola and is very near Apalachicola Bay, Lafayette Park, and tennis courts!
This Apalachicola home SOLD due to a Short Sale situation with the buyer paid only $79,275 CASH! A real deal, this home sold for just under $190,000 in 2004! The adorable 3 Bedroom, 2 Bathroom home sits just down a canopy road from the Apalachicola Bay and has a spacious backyard for entertaining. Beautiful hardwood flows through the house, with tile in the kitchen and bathrooms as well. The back yard has a large porch with a covered area for relaxing in the evenings. A wonderful family home for a remarkable price!
Please feel free to contact g3 Realty Group anytime if you are looking to Buy or Sell Apalachicola Real Estate, St. George Island Real Estate, Mexico Beach Real Estate, Port St. Joe Real Estate, Windmark Beach Real Estate, Cape San Blas Real Estate, Indian Pass 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!