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Palm Coast Florida: Cinnamon Beach Condo Report February 2012

By
Real Estate Agent with 100 Plus Realty LLC

Cinnamon Beach Condo in Palm Coast, Florida Sells For Under $100 Per Square Foot


 
 

 Monthly Market Report for Cinnamon Beach February 2012.

Who would have ever thought that a Cinnamon Beach condo that sold for $599,000 in 2005 and then again for $345,300 in 2011, would have closed sale less than a month ago for a crazy cheap price of $190,000.  That figures out to be a jaw dropping $95 per square foot. The condo was a bank owned sale and was originally listed for $215,000.  We brought this particular unit to our reader’s attention here on the blog back in December 2011.  The condo was on the market for 33 days. My crystal ball...READ MORE

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