Extraordinary Deal; Asking 139K, Appraised 200K

[stu]

>>>>>>> We have an excellent building lot~ North Santa Rosa Beach off of Mack Bayou Rd., 1/3 mile to bay access (community pier), 10 min. to beach, close to new Sacred Heart Hospital and Publix grocery store, 92' x 114', beautiful magnolias. BANK APPRAISED for $200K, ASKING $139K, Buyers to receive a fine bottle of wine~ MLS# 379798 Please call my Realtor, Bob Peebles at 850.231.5421 <<<<<<<

 

[SHELLY]

>>>>>>> We have an excellent building lot~ North Santa Rosa Beach off of Mack Bayou Rd., 1/3 mile to bay access (community pier), 10 min. to beach, close to new Sacred Heart Hospital and Publix grocery store, 92' x 114', beautiful magnolias. BANK APPRAISED for $200K, ASKING $139K, Buyers to receive a fine bottle of wine~ MLS# 379798 Please call my Realtor, Bob Peebles at 850.231.5421 <<<<<<<

What vineyard and vintage?

 

[stu]

Hi Shelly~ Our friend the wine conosieur will be making that choice (she knows all the good stuff). We're Pinot Noir fans. Pass the word if you know of anyone interested in our lot... it REALLY is a great deal!! Thanks~

 

[hutch]

I know of a young couple that is looking for a lot. Is this lot in Shelter Cove?
Did not know they had a community dock? Are there any restrictions? Thanks

 

[Smiling JOe]

I know of a young couple that is looking for a lot. Is this lot in Shelter Cove?
Did not know they had a community dock? Are there any restrictions? Thanks

The lot is located in Shelter Cove Estates S/D. If you are looking for the parcel id, it is incorrect in the MLS, but the correct id is: http://64.234.218.210/cgi-bin/walton_display.cgi?key=24-2S-21-42310-00A-011024-2S-21-42310-00A-0110

To my knowledge the community dock is for owners and guest of Pelican Bay S/D only, but it is located about 1/3 mile away from this lot. On the County plat, there is a parcel along the Bay in Shelter Cove Estates that belongs to the County, but it is wooded. It has no pier.

Restrictions? I do not recall. You can go to the Clerk of Court's website for Walton Co, and pull up restrictions and covenants for any subdivision.

The price is right on this lot if it is dry/ buildable.

 

[stu]

The lot is in fact high & dry and very build able, we had the surveyor install concrete posts marking the four corners if you wish to take a look. As for the Pier I assumed it was part of shelter cove, my apologies if I am in error.

 

[hutch]

Thanks Stu and SJ for your updated information. I passed the flyer onto the young couple looking for the lot. Told them to call your agent. Any owner financing on this lot or new loan and cash deal?

 

[stu]

Hutch, I am afraid we are not in a position to owner finance, thank you however for the referral.

 

[hutch]

Stu- I sure you are not going to have any trouble selling for the asking price.
Maybe a builder will buy it and build a spec house.

the hutch

 

[stu]

Hutch, it is priced to sell, however only one insulting offer so far from an investor, I think it is perceived as having issues since the price is well under that of surrounding properties.