Palm Coast and Flagler County, Florida closed 25 condo sales in October, 2010. 5 of the condos sold in October 2010 were over $500K.  As sellers become fatigued waiting for buyers to purchase their luxury condos, the prices fall. When the prices finally hit an attractive level, the buyers are coming in and purchasing, but at even deeper discounts than the last asking price as you will see in the just sold properties featured below.

 

Here are the top 3 most expensive sales for the Month of October.

The following data is gathered from the Palm Coast, Flagler County MLS IDX

The Three Most Expensive Palm Coast Condo Sales

October 2010

 

85 AVENUE DE LA MER #806 Palm Coast, FL 32137

hdcondos

~ This was offered as a at an original asking price of $1,390,000 and was then price reduced down to an asking price of $895,000 before it attracted a buyer that just closed sale at $840,000. Featuring 4 Bedrooms, 3.5 Bathrooms and 3077 living square feet.  The current working tax assessed value on this condo for 2010 is $664,500. The previously recorded sale price for this condo in the public records was in 2007 for $1,430,000

now start at asking prices of $369,000.

 

 

85 AVENUE DE LA MER #201 Palm Coast, FL 32137

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~ This just sold condo is also located in the Hammock Dunes community of Palm Coast on the Northern Peninsula just north of and

The condo has 4 Bedrooms, 3.5 Bathrooms and 3077 living square feet.

Listed over a year ago for $1,579,000… it wasn’t until a price reduction down to an ask price of $825,000 did it become attractive to buyers. The final sales price was further discounted and the condo just closed sale for $704,000. The current working tax assessed value for the condo in the Flagler County Tax Rolls is $593.100. The last recorded sale of this condo was in 2006 for $1,510,000.

 

now start at asking prices of $369,000.

 

 

 

19 Avenue De La Mer Palm Coast, FL 32137

hdcondo

~ the third most expensive condo that sold in October was also in Hammock Dunes.

This condo featured 4 bedrooms, 3.5 bathrooms and 3283 living square feet. This luxury condo was originally listed for $747,900 and then price reduced with the last listing price before sale being $712,900. The condo just closed sale for $664,790

The condo was listed as a , The condo was built in 2005 and the previous recorded sale was  in 2005 for $1,035,000 The current working tax assessed value for 2010 is $645,400.

now start at asking prices of $369,000.

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The Ross/Collins Team can be reached at 386-931-5822 or email:PalmCoastMLS@gmail.com

We are are available to help you relocate to or within Northern Florida including Palm Coast, Flagler Beach, Flagler County, The Hammock and Marineland, Florida.

Connect With Us:

 

PalmCoastMLS@gmail.com | phone: 386.931.5822

PRUDENTIAL WARREN REAL ESTATE. 5055 N. OCEANSHORE BLVD.
PALM COAST, FL

* Important Notice – The content relating to real estate for sale on this web site comes in part from the IDX program of the Flagler County MLS. Listing content is copyright ©2010 Flagler County MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. This information was last updated as of date specified below. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.