Palm Coast Real Estate News Clips: Oct 10, 2011

Cobblestone Village, Hammock Beach Discovery Center, AT&T, Conservatory, Toby’s Grand Haven house, Yacht Harbor Village

Palm Coast, FL – October 10, 2011[Updated 10-13-2011] Miscellaneous real estate news tidbits for Palm Coast, FL.

Cobblestone Village – medical
Florida Hospital Flagler broke ground on its 34,000 square foot, two-story medical building in Cobblestone village. For permitting purposes, the construction cost is $6,000,000. Permitting and impact fees paid total $210,739.70. (more)
The Conservatory
An investor has paid $96,000 for 8 lots in Ginn-developed communities in Palm Coast. The bulk purchase was from BB&T who had taken possession of the lots via foreclosure. Seven of the lots were in the Conservatory and one in Yacht Harbor Village. (story)
Hammock Beach
The Hammock Beach Discovery Center was foreclosed. (story) The property has reportedly been sold via auction on for $1,530,000. The buyer reportedly purchased the note, not the real estate.
ATT has received several inquiries about construction along SR 100 in front of Target and just west of McDonald’s. The permit is for a 4,500 square foot commercial building for AT&T; presumably a cell phone store. $26,803.38 has been paid to Palm Coast in impact and other fees.
Toby Tobin’s House
Sunrise from Lanai at 16 Players Circle in Grand Haven - Palm CoastMy Grand Haven home is back on the market after the buyer failed to complete a sales contract, proving once again that it’s not over till it’s over. Apparently the buyer ran into difficulties converting Belarus currency into enough dollars and withdrew from the contract. The contract contained no contingencies once the inspection was completed. The buyer forfeited her escrow deposit.
The home is located at 16 Players Circle on one of the best lots in Grand Haven with a view overlooking a large lake to the Jack Nicklaus signature golf course. The MLS number is 181619. The 2,425 square foot pool home is listed at $350,000. (Original story with more details)
There are only 66 homes available for sale (via MLS) in Grand Haven. The median listing price is $377,000.

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