Thursday, November 01, 2012

October out with a bang

Slater Brothers contest site Sunday Oct. 28, 2012
While the Twitter feed of my daily updates is down I will post updates to the main blog here. Twitter and several other major websites are feeling the effects of Hurricane Sandy.

First we'll look at the single-family home sales since last Wednesday.

Lowest price of the five sales was for a 2 story, 2 bedroom, 2 bath beach house in south Cocoa Beach across the street from the beach and a stone's throw from the river. It had a garage and 1433 square feet and closed for $164,200.

A 10 year old 3/2 half-duplex on Adams in Cape Canaveral with 1476 square feet and 2 car garage sold for $169,000.

A foreclosed 3/2 on Dorset in Cocoa Beach with 1858 square feet and 2 car garage sold for $202,000.

A super nice 3/2 with 1860 square feet and 2 car garage in Harbor Heights Cape Canaveral sold for $325,000.

The huge 5 year old, 2 story beauty at the end of the canal on Catalina in Cocoa Beach that's been for sale for around two years finally sold. This house has 7 bedrooms, 4.5 baths, a 3 car garage and a total of 6475 square feet under air. Closed for a remarkable $599,000.

Condo sales of note in the last week included the following:

A 4th floor direct ocean Meridian 3 bedroom, 2 bath with 2072 square feet with many upgrades and built-ins and garage closed for $690,000. According to my research, this is the first resale at Meridian that has sold for more than the original when-new selling price. Times are a-changing.

A 4th floor Michelina direct ocean 3 bedroom, 3 bath corner with 2011 square feet and garage sold for $680,000 according to the MLS. Details of this sale are somewhat hazy as the sale is recorded on the appraiser's site for $560,000. Insight anyone?

A 2nd floor direct ocean southeast corner Chateau by the Sea (next to the Pier). It was a 2 bedroom 2 bath completely remodeled and furnished weekly rental unit. Closed for $255,000.

Two River Bend side view units in south Cocoa Beach closed in the last week. Both were 3/2 units with 2292 square feet and garage. A 4th floor south facing closed for $250,000 and a 2nd floor north facing sold for $240,000.

A furnished, very nice condition Coral Seas 2nd floor direct ocean 3 bedroom 2 bath with 1969 square feet and garage closed for $320,000.

A furnished Flores del Mar south facing 2nd floor, 3 bedroom, 2 bath with 1589 square feet and garage sold for $255,000.

A south ocean view 5th floor 2100 Towers 2/2 with updated kitchen and garage closed for $215,000.

A 4th floor direct Banana River fully furnished River Lakes 2/2 with 1244 square feet and garage closed for $180,500.

A direct river Sunset Harbor 4th floor 2/2 with 1323 square feet and two garages sold for $154,000.

A 5th floor ocean view, fully furnished Port Royal of Cocoa Beach 1 bedroom 1 bath with 960 square feet and garage sold for $130,000.

A 2nd floor furnished Villages of Seaport 2/2 with 1014 square feet and open parking closed for $144,000.

An Oceana of Cocoa Beach 2/2 with 912 square feet and garage closed for $112,000.

A 3rd floor Twin Towers short sale 1 bedroom 1 bath sold for $71,100.

A very nice ground floor Riverview Manor 1/1 with 665 square feet and open parking sold for $61,000.

It was a busy week. After being postponed for two days because of Hurricane Sandy the Slater Brothers Annual Surf Festival ran last Sunday in perfect conditions, sunny skies, offshore winds and surf that was clean and a couple of feet overhead. Local boy CJ Hobgood took a break from the world tour to come home and snatch first place away from the less-fortunate local boys. All this while Sandy was bearing down on the northeast with (unknown at the time) devastation. Our thoughts are with all of those so severely affected by the storm.

"Mounting evidence suggests that beer, and the beer industry that surrounds it, may be as good for growth as excess sobriety." ___Charles Kenny