Well Priced Waterfront House & Location Under $500k, Lease Option/Purchase Possible, In Pensacola Real Estate, Gulf Breeze, Navarre and Pensacola Beach Property

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MOTIVATED TO SELL NOW  .... prices have stabled, see latest sales below on March 5th, 12th, 24th of 2009 and 2nd qtr. stats.

$341,850 Possible Lease Option and "as is"   We are at the bottom ... waterfront homes are selling at a rate not seen in 2 years see below     E-mail me for the Lease Option Terms

Why fool around with a foreclosure or short sale when a motivated owner is selling cheaper! ***** This is NOT a Short Sale ***** I will makeup the loss needed to close ****  *** No hanging around forever waiting for the bank to approve the sale **** I will and can close quickly. No better buy in Escambia County under $500,000 based on location and condition SEE HERE    Important! Since this home did not flood, insurance is cheap and available. $2,200 per year! Don't wait on this best buy on deep water in the Pensacola Bailey Middle school district. Compare to other waterfront sales of homes for sale on the water such as the home where the large boats are docked at. Which sold for over $192 per sqft with half the waterfront this home on Riola Place has and is exactly on the other side of the same bayou. This home is now on the market for $187 129 per sq ft Deep water at dock will handle most any size powered boat you own. Only minutes to the Gulf by boat. Ladies you want cabinet space? This home has well over 90 fresh custom birch cabinets and drawers. 4th bedroom is 16x20 and currently has no closet but would be a cinch to add. A dream location, great fishing at the dock. No flood damage and flood insurance is not necessary. home is immaculate .... just check out all the photos. New 30 year Architectural shingle roof. New high efficiency heating and cooling system Live on the water but be safe and protected. Only 25 minutes by boat from your dock to Perdido Pass and the Gulf of Mexico. This is one of the nicest waterfront locations I have ever seen! Plenty of deep water here. This home which is NOT in a flood zone AND WAS NOT FLOODED WITH IVAN has well over 250 feet of useable waterfront. Flood insurance is not necessary but is available and is just over $300 per year. The majority of the waterfront is on a very protected manmade turning/docking boat basin! There is another 50+ feet directly on Herron Bayou for even deeper water draft boats like the one pictured in the photo to the side. Herron Bayou is used by the state and county for launching their boats at a public launching ramp approx. a 1000 feet South from the home. This means that the Corp of Engineers will always be willing to grant a permit to keep the pass open to Perdido Bay. With this property you'll sense and feel Florida's natural beauty and peacefulness. Walk down to the deep water dock and look back at your new home ... It's hard to find waterfront homes with a lot that's over an acre and this much useable water frontage ... a true feeling of privacy! Move right in, this home needs nothing as it has been lovingly cared for. Lots of quality custom woodwork here. The large master suite with whirlpool tub and large separate tile shower is located on the 1st floor overlooking the water. Office/family, room hobby room offers a beautiful view of the water. This home is NOT IN A SUBDIVISION ... so you can operate your business out of the home. Lots of solid wood custom cabinetry in this home. All rooms except the dining have a direct view of the water. 

CLICK HERE FOR AN AERIAL VIEW

Price: $497,850 REDUCED  $385,500  $341,850, net $129 PER SQUARE FOOT NOW!

More Photos Click Here

no other comparable waterfront location with a dock is cheaper see for yourself click here

Approximate Square Feet 2,650  Lot Size: Over an Acre   For more info Contact danberube@cox.net OR 850-341-7727
This home has never flooded!

      

2^nd quarter 2009 Waterfront home sales

Status	Total	Avg Price	$/Sqft/Acre	Median	Low	High	Avg DOM
ACT/CNT	0	$0	$0.00	$0	$0	$0	0
PND	0	$0	$0.00	$0	$0	$0	0
SLD/RNT/LSE	33	$572,892	$192.75	$527,500	$160,000	$2,000,000	257
WTH	0	$0	$0.00	$0	$0	$0	0
EXP	0	$0	$0.00	$0	$0	$0	0
Total	33 +50%	$572,892 +1%	$192.75 +3%	$527,500 +48%	$160,000	$2,000,000	257 -10%

  2^nd quarter 2008 Waterfront home sales

Status	Total	Avg Price	$/Sqft/Acre	Median	Low	High	Avg DOM
ACT/CNT	0	$0	$0.00	$0	$0	$0	0
PND	0	$0	$0.00	$0	$0	$0	0
SLD/RNT/LSE	22	$564,727	$186.92	$356,000	$130,000	$2,550,000	234
WTH	0	$0	$0.00	$0	$0	$0	0
EXP	0	$0	$0.00	$0	$0	$0	0
Total	22	$564,727	$186.92	$356,000	$130,000	$2,550,000	234

 If we go one more quarter without a decline, any economist would say, "We have seen the bottom and are on our way up?" The rest of Florida lags well behind this area. E-mail me with your input or thoughts please.

 

Some Recent Waterfront Solds Comparable in our area

	ML: 352763m RES S	7857 SIESTA COVE RD, MILTON		PR:	$249,900
	AR: Milton	SIESTA COVE NONE		ApxSqft:	1,789
	BR: 3 BA:F:2H:0		Style:Ranch	Acre:	1.00
		GAR:1 Car Garage, 2 Car Garage, Detached		YrBlt:	1989
	: sold date 03/24/2009 DOM:238			SP:	$230,000
	DR: From Highway 90, go over the bridge, turn right on Ward Basin, past the I-10 overpass, make right on Trout, left on Snapper, left on Siesta Cove, to dead end, last house on right.			$/Sqft:	$129
	LO: RE/MAX INFINITY

A Big Fat Fish was swimming by the dock as we put out the For Sale sign on this 4-season home with 100-foot frontage on the dazzlingly blue water of the Ward Basin Inlet off Blackwater Bay. The home is at the end of the street for privacy and charming Pink Crepe Myrtles line the paved driveway. Take morning walks with your dog and soak in the sights, sounds, and smell of the water - or, if you’re looking for more adventure - grab your jet skis, kayaks, water skis, & boat and come have some fun! This property includes an idyllic, ground level, brick home that features a wall of glass, which fills the Florida Room and connecting Family Room with mind-renewing sunlight and affords breathtaking views of the water; pristine hardwood floors in the living area, tile in the Kitchen and Baths, and plush carpet in the bedrooms; 2-car garage PLUS a detached workshop; and nearly an acre of land. Electrical wiring runs to the water in case you want to rebuild the pier and dock. $5000 hurricane shutters will convey and so will the Terminex termite bond. All the happiness in the world awaits you on this renovated property, making it a carefree home for weekends, weeks on end, or an eternity. It's a big catch at a small price.  This home flooded mine did not!!!

 

	ML: 337705m RES S	11412 SEAGLADES DR, PENSACOLA		PR:	$379,000
	AR: Southwest Pensacola	SEAGLADES NONE		ApxSqft:	2,777
	BR: 4 BA:F:3H:1		Style:Country	Acre:	0.45
		GAR:Drive Only		YrBlt:	1996
	sold date 03/19/2009 no actual waterfront only waterview			SP:	$340,000
	DR: BLUE ANGEL SOUTH TO GULF BEACH HIGHWAY GO RIGHT GO LEFT ON SEAGLADES DR HOUSE IS SECOND ON THE LEFT			$/Sqft:	$122
	LO: POINTE SOUTH, INC.

ONE OF A KIND HOME WITH UNOBSTRUCTED VIEW OF THE INTERCOASTAL WATERWAY. HOME SETS ON HIGH GROUND IN FRONT OF THE SUBDIVISIONS PARK. ONE OF THE BEST VIEWS OF JOHNSONS BEACH THAT YOU COULD IMAGINE. THIS IS THE MOST SOLID HOUSE TO BE FOUND FEATURING HARDWOODS AND INLAYS OF AFRICAN SLATE FLOORS COMBINED WITH SOLID WOOD WALLS AND CEILINGS OF WOODS SUCH AS IMBULIA MAHOGANY, HICKORY, WORMY CEDAR AND MAPLE. ALL GRANITE COUNTER TOPS IN KITCHEN. ARTIST DESIGNED WROUGHT IRON STAIRCASE AND LEADED GLASS. CRYSTAL CHANDELIERS, ANDERSON WINDOWS AND DOORS. ALL INTERIOR DOORS ARE SOLID WOOD PANEL. EXTERIOR OF HOUSE IS 2.5 LAP CEDAR. ALL WALLS ARE 2X6 CONSTRUCTION. ALSO HAS CENTRAL VAC. HAS AN ATTACHED MOTHER IN LAW ONE BEDROOM UNIT WITH KITCHEN, BATH,AND LAUNDRY ROOM.THIS HOME NOW INCLUDES THE PROPERTY DTRECTLY BEHIND IT ANDRUNS ALLTHE WAY TO GULF BEACH HWY. HAS A 1450SQ FT BUILDING THAT HAS A 2 CAR GARAGE 2 BDMS,LIVING ROOM, FULL KITCHEN, AND BATH WITH TUB AND SHOWER. GREAT RENTAL. ALL THIS NOW FOR ONLY 20,000 MORE. AREALLY GOOD BUY. OWNER SAYS BRING ALL OFFERS,

 

	ML: 307896p RES S	1415 SONIA ST, PENSACOLA		PR:	$585,000
	AR: South Pensacola	NONE NONE		ApxSqft:	2,260
	BR: 3 BA:F:2H:1		Style:Traditional	Acre:	0.50
		GAR:Drive Only		YrBlt:	1865
	SOLD DATE 03/12/2009 DOM:984			SP:	$515,000
	DR: Approx. 1,000 feet East of Pensacola Yacht Club, one block South of Cypress St on Sonia St. (1415 Sonia ) This is a Waterfront Home. Located Directly on the Water, overlooking Pensacola Bay, Penscola Yacht Club, Navy Base, and Downtown			$/Sqft:	$228
	LO: BRUNO REALTY

Directly on the WATER. This antique home has been completly rennovated. It is a wonderful waterfront location, overlooking Pensacola Bay, Pensacola Yacht Club, Navy Base, and Downtown.  Water is not deep enough too keep a boat of any size  This home flooded!  mine did not!!!

 

	ML: 363971m RES S	5530 SANDVIEW DR, PENSACOLA		PR:	$275,500
	AR: Southwest Pensacola	PERDIDO CANAL NONE		ApxSqft:	1,995
	BR: 3 BA:F:2H:0		SOLD DATE 3/5/2009	Acre:	0.26
	Click here to see more pics	GAR:4+ Car Garage		YrBlt:	1995
	CD: 03/05/2009 DOM:16 sold price per sqft $ 135.59			SP:	$270,500
	DR: GULF BEACH TO SORRENTO TO RIGHT ON INNERARITY PT. RD. RIGHT ON SANDVIEW. 2ND HOUSE FROM THE END.			$/Sqft:	$136
	LO: RE/MAX HORIZONS REALTY

HOME BUILT ON PILINGS ON CANAL WITH  UNOBSTRUCTED VIEW OF PERDIDO BAY. LARGE MASTER BEDROOM/BATHROOM SUITE WITH GARDEN TUB & SEPARATE SHOWER.  This home flooded mine did not ...  Inferior waterfront  location

 

	ML:  RES S	311  PENSACOLA		PR:	$499,999
	AR: Southwest Pensacola	NEW WARRINGTON NONE		ApxSqft:	3,030
	BR: 4 BA:F:3H:0	Sold Date Sept 22 2008  $155persqft		Acre:	0.73
		GAR:1 Car Carport, 2 Car Garage, Detached, Parking Lot		YrBlt:	1935
	CD: 09/22/2008 DOM:71			SP:	$470,000
	DR: South of Gulf Beach Highway on S. Navy Blvd., turn west (right) on Sunset Ave., go to second street (just before Navy Point bridge) & turn right (north) on Chattman Street. Middle of block on Bayou side. Look for long white picket fence.			$/Sqft:	$155
	LO: EMERALD COAST APPRAISAL SERVIC

10 minutes by boat to Pensacola Pass or to downtown Pensacola by car. Charming craftsman style renovated home on Bayou Grande. Almost 3/4 acre lot with 138'+ on Bayou. High on bluff with seawall & no flooding or damage from Hurricane Ivan. Home built above the flood elevation.

 

	ML: 339011m RES A	519 EDGEWATER DR, PENSACOLA		Price	$264,700
	AR: Southwest Pensacola	EDGEWATER NONE		SOLD	$240,000
	BR: 3 BA:F:2H:0	SOLD DATE JULY 15 2008		Acre:	0.50
	Click here to see more photos	Sold price per square foot  $196.40		YrBlt:	1952
	DR: East or West on Navy blvd (RT 98) to South on Old Corry Field Rd to East on Chaseville to East on 1st rt onto Edgewater Drive e			$/Sqft:	$218
	Living Heated and cooled square footage 1222 square feet
	This home flooded in Ivan  mine did not

 

danberube@cox.net