$650,000
SOLD NOV 21, 2019

19 Leslie St Apalachicola, FL 32320

4 Beds
3.5 Baths
2,433 Sq Ft
4,800 Sq Ft Lot

Recently Sold

$267 Per Sq Ft

26% Below List Price

171 Days on Market

Highlights

  • Guest House
  • Resort Property
  • Curved or Spiral Staircase
  • The property is located in a historic district
  • Gulf View
  • 3-minute walk to Apalachicola Riverfront Park

About This Home

As of November 2019

After developing this successful venture owner is retiring to Virginia— Rare Turn Key investment opportunity! The Blue Moon Cottage and the Carriage House Loft have produced over $85,000 gross rental income for both 2017 and 2018. These proven results are with less than 48% occupancy. Huge room for future growth! Established business since 2012. Apalachicola has become a destination and the Blue Moon property sits right in the heart of the historic downtown. AMAZING reviews on the AirBnb and VRBO sites #409918 for the charming 3-4 bedroom Cottage and #654693 for the Carriage House Loft added in 2014. Completely renovated in 2011-2012 with standing seam roof and all new plumbing/electrical. AND during Hurricane Michael there was no water on this property. Refer to MLS 301415 for cross referenced listing.

Last Agent to Sell the Property

Gordon Adkins

Suncoast Realty License #3094438 Listed on: 04/16/2019

Last Buyer's Agent

Beth Embert

Coastal Realty Group-Carrabelle License #3366394

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,424

Year Built

  • Built in 2012 | Remodeled

Lot Details

  • 4,800 Sq Ft Lot
  • Lot Dimensions are 60 x 80
  • Corner Lot
  • Interior Lot
  • Level Lot

Property Views

  • Gulf
  • River

Home Design

  • Slab Foundation
  • Metal Roof
  • Asbestos

Interior Spaces

  • 2,433 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Curved or Spiral Staircase
  • Woodwork
  • Ceiling Fan
  • Fireplace
  • Wood Flooring

Kitchen

  • Electric Oven
  • Microwave
  • Instant Hot Water

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • In-Law or Guest Suite
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • On-Street Parking
  • Open Parking

Outdoor Features

  • Outdoor Storage
  • Outdoor Grill
  • Front Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Tankless Water Heater
  • Internet Available
  • Cable TV Available

Additional Features

  • Guest House
  • The property is located in a historic district

Listing and Financial Details

  • Exclusions: Exclusion list including personal items
  • Assessor Parcel Number 0109S08W833000C20010

Community Details

Overview

  • No Home Owners Association
  • Resort Property
  • Blue Moon Inn Community

Amenities

  • Community Barbecue Grill

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,424

Year Built

Built in 2012 | Remodeled

Lot Details

0

Listing Details

  • Directions: AT THE CORNER OF COMMERCE ST AND AVE C DOWNTOWN -Traveling West on Hwy 98 coming over Apalachicola bridge take your first right after Courthouse on Leslie St (AVE C) go one block and the BLUE MOON INN is on your left on the corner of Leslie/Commerce
  • Inclusions: Sold completely furnished with partial exclusion list
  • Prop. Type: Residential
  • Building Stories: 2
  • Property Sub Type: Dup/Tri/Quad (Multi-Unit)
  • Lot Size Acres: 0.1102
  • Lot Size: 60 x 80
  • Road Frontage Type: City Street
  • Subdivision Name: No Named Subdivision
  • Building Name: Blue Moon Inn
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: 2
  • Property Attached Yn: Yes
  • Year Built: 2012
  • NAV22_ResortRentalYN: Yes
  • NAV22_BuildersWarrantyYN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Refrigerator, Instant Hot Water, Electric Oven, Tankless Water Heater, Dryer, Washer, Microwave
  • Furnished: Furnished
  • Has Basement: None
  • Interior Amenities: Woodwork Painted, In-Law Floorplan, See Remarks, Stairs Curved
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Hardwood
  • Living Area: 2433
  • Master Bedroom Features: Master Downstairs
  • Master Bathroom Features: Separate Shower

Exterior Features

  • Exclusions: Exclusion list including personal items
  • Exterior Features: Barbecue, Renovated
  • Lot Features: Survey Available, Historic District, Level, Sidewalks, Within 1/2 Mile of Water, Improved Lot, Corner Lot, Curb and Gutters, Interior Lot
  • Other Structures: Separate Building for Rent, Guest House, Storage
  • Roof: Metal
  • Pool Features: None
  • Pool Private: No
  • View: Water, Gulf, River
  • View: Yes
  • Waterfront: No
  • Construction Type: Asbestos
  • Foundation Details: Block, Slab
  • Patio And Porch Features: Rear Porch, Front Porch, Porch
  • Property Condition: Renovated, Construction Complete

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Garage Detached, On Street
  • Total Parking Spaces: 2

Utilities

  • Cooling: Wall/Window Unit(s), Ceiling Fan(s)
  • Heating: Fireplace(s), Heat Pump
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Water Available, Cable Connected, Water Connected, Internet Available, Sewer Available, Electricity Available, Sewer Connected, City Trash
  • Laundry Features: Washer/Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill
  • Association: No

Lot Info

  • Zoning: C-1
  • Lot Size Sq Ft: 4800
  • Additional Parcels: No
  • Parcel #: 0109S08W833000C20010
  • Zoning Description: Commercial,Business,City
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2019
Closed on
Nov 21, 2019
Sold by
Morgan Susan Kay Mcdonald and Mcdonald Susan Kay
Bought by
Blue Moon Of Apalach Llc
Seller's Agent
Gordon Adkins
Suncoast Realty
Buyer's Agent
Beth Embert
Coastal Realty Group-Carrabelle
List Price
$879,000
Sold Price
$650,000
Premium/Discount to List
-$229,000
-26.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.33%
Original Mortgage
$325,000
Outstanding Balance
$154,852
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
$879,924

Purchase Details

Closed on
Mar 9, 2010
Sold by
George Rosemary
Bought by
Mcdonald Susan Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.5%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $650,000 None Available
Special Warranty Deed $242,100 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $325,000 Commercial
Previous Owner $250,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2024 11/06/24 For Sale $1,290,000 +98.5% $530 / Sq Ft
11/21/2019 11/21/19 Sold $650,000 -26.1% $267 / Sq Ft
10/05/2019 10/05/19 Pending -- -- --
04/16/2019 04/16/19 For Sale $879,000 -- $361 / Sq Ft
Source: Forgotten Coast REALTOR® Association

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,424 $358,676 $150,000 $208,676
2023 $4,927 $299,809 $105,000 $194,809
2022 $4,536 $269,707 $90,000 $179,707
2021 $4,265 $218,092 $60,000 $158,092
2020 $8,874 $438,583 $120,000 $318,583
2019 $4,306 $206,615 $120,000 $86,615
2018 $4,531 $207,328 $0 $0
2017 $4,237 $195,328 $0 $0
2016 $3,893 $195,685 $0 $0
2015 $3,652 $195,685 $0 $0
2014 $2,495 $113,618 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 301405

Forgotten Coast REALTOR® Association

APN: 01-09S-08W-8330-00C2-0010