NOT LISTED FOR SALE

26 Apaco St Unit A Apalachicola, FL 32320

Estimated Value: $236,000 - $320,000

3 Beds
2.5 Baths
1,817 Sq Ft
$147/Sq Ft Est. Value

Last Sold July 20, 2021

Last sale price $175,000 $96 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,118/month

78 Days on Market

Highlights

  • Open Floorplan
  • Engineered Wood Flooring
  • High Ceiling
  • Contemporary Architecture
  • Main Floor Primary Bedroom
  • Breakfast Area or Nook

About This Home

As of July 2021

CONDO FOR SALE IN APALACHICOLA: Very well-maintained contemporary style 4-unit complex. 2 Exterior Units listed @ $185K/ea. and 2 Interior Units listed @ $182K/ea. Great location at the cross streets of Apaco Avenue & beautiful tree-lined Shadow Lane - you can see Apalachicola Bay from the street! EXCELLENT long-term (only) rental income opportunity for an investor or a home-away-from-home for Apalachicola visitors Each 1800+ sf. 2-story unit features a very spacious and functional 3-bedroom and 2.5-bath floor plan. Modern recessed lighting throughout, ceiling fans, crown molding, hardwood and tiled flooring on first floor. Golf cart ride to Apalach Historic lively waterfront! Current rental income is $1200/mo. each unit = $57,600 Annually. 100% tenant occupied.

Last Listed By

Shannon Lease

Naumann Group Real Estate, Inc. - SGI License #3400362 Listed on: 03/19/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,025

Year Built

  • Built in 2006

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 100 x 120

HOA Fees

  • $308 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Quadruplex
  • Metal Roof
  • HardiePlank Type

Interior Spaces

  • 1,817 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Blinds
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Oven
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Assigned Parking

Outdoor Features

  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Internet Available

Community Details

  • Association fees include accounting, insurance, ground maintenance, reserve fund, management, taxes, maintenance structure
  • Apaco Condominiums Community
  • Philaco Shores Subdivision
  • The community has rules related to covenants

Listing and Financial Details

  • Legal Lot and Block LOTS 9-12-BLOCK 7-PHILACO SHORES / LOTS 9-12-BLOCK 7-PHILACO SHORES
  • Assessor Parcel Number 0109S08W850000000010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,025

Year Built

Built in 2006

Lot Details

0

HOA Fees

$308 per month

Listing Details

  • Directions: Heading west on Hwy 98 from Apalachicola, turn right onto Shadow Lane. The complex is at the end of Shadow Lane on the left at Apaco Avenue
  • Prop. Type: Residential
  • Building Stories: 2
  • Property Sub Type: Quadruplex,Condominium
  • Lot Size Acres: 0.2755
  • Lot Size: 100 x 120
  • Road Frontage Type: City Street
  • Subdivision Name: Philaco Shores
  • Architectural Style: Contemporary
  • Building Name: Apaco Condominiums
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 2
  • Property Attached Yn: Yes
  • Structure Type: Fourplex, Quadruplex
  • Year Built: 2006
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Refrigerator, Electric Oven, Dishwasher, Microwave, Dryer, Disposal, Self Cleaning Oven, Refrigerator w/Ice Maker, Washer
  • Furnished: Unfurnished
  • Interior Amenities: Open Floorplan, Recessed Lighting, Pantry, Breakfast Bar, Breakfast Nook, Crown Molding, Built-in Features, Ceiling Raised, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Hardwood, Carpet, Engineered, Tile
  • Living Area: 1817
  • Master Bedroom Features: Blinds, Master Downstairs, Walk-In Closet(s)
  • Master Bathroom Features: Tile Counters, Double Vanity, Separate Shower

Exterior Features

  • Lot Features: Within 1/2 Mile of Water, Covenants/Restrictions
  • Roof: Metal
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: HardiPlank Type
  • Foundation Details: Other
  • Patio And Porch Features: Front Porch
  • Property Condition: Construction Complete

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Association Fee: 308
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Insurance, Maintenance Grounds, Reserve Fund, Management, Taxes, Maintenance Structure

Lot Info

  • Zoning: R-2
  • Lot Size Sq Ft: 12000
  • Additional Parcels: No
  • Parcel #: 0109S08W850000000010
  • Zoning Description: Residential Multi-Family
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Lease Term: 0-6 Months

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3025.15
  • Tax Block: LOTS 9-12-BLOCK 7-PHILACO SHORES
  • Tax Lot: LOTS 9-12-BLOCK 7-PHILACO SHORES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2023
Sold by
Friedman Michael
Bought by
Pitts Anne W and Pitts Donnan R
Total Days on Market
78
Current Estimated Value
$266,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$175,453
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$91,301

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pitts Anne W $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pitts Anne W $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2021 07/20/21 Sold $175,000 -5.4% $96 / Sq Ft
06/05/2021 06/05/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $185,000 -- $102 / 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 $3,972 $224,211 -- $224,211
2023 $2,261 $169,122 $0 $0
2022 $2,208 $164,196 $0 $164,196
2021 $3,290 $168,237 $0 $168,237
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 308575

Forgotten Coast REALTOR® Association

APN: 01-09S-08W-8500-0000-0010