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Pensacola Condo Foreclosure in Galia.

 Update!  As I expected, the condo in Galia that is the subject of this post went under contract quickly.

It is good news that  the obviously good deals are selling immediatly,because for a while even those were sitting on the market.

Also,  though that unit is sold, there are still some great units in Galia still available .

To see all available units in Galia click  this link      

 

If you would like to take a look at these units in Galia or any condos in the Pensacola Real Estate market  call Jim Holland 850-206-6140 or if you would like more information,e-mail me at

[email protected]

Pensacola Condo Foreclosure

 

Most buyers at least once during the process of looking for a home or an investment will second guess themselves about a property that they passed over, and that then sold quickly thereafter,and they often ask me if they made a mistake by letting the property go.

I always try to make them feel better about their decision to pass on the property, by giving them a piece of advice I got years ago from a very seasoned investor

“The deal of a lifetime comes along about every three weeks” 

I find that to be true with very very few exceptions.

Still I am always on the look out for that good deal that comes along just now and then,so I wanted to point out what seems to be one of those.

I noticed a fourth floor unit in the Galia condominium that has been listed at $149,900. It is a two bedroom 1488 square foot unit that sold in 2007 for $635,000.

Galia is one of the newest condos, and was built by WCI at the very end of the real estate bubble. And even though the association fees are a little pricey at $6442.00 per year, it is still a fantastic value at that price

That location has panoramic views of the Intercoastal and the Gulf of Mexico.It is also  very close to the pass between Santa  Rosa Island and Perdido Key.

Pensacola Real Estate Condo Foreclosure

Pensacola Real Estate Condo Foreclosure

 

Property Summary
. Sta Street Address Bed Baths SqFt Year Built L Price S Price Sold Date DOM
1 A 10099 NELLE AVE, unit 405 2 2 1,488 2007 $149,900 $0   2
2 A 10099 NELLE AVE, unit 603 2 2 1,488 2007 $249,000 $0   335
3 A 10099 NELLE AVE, unit 407 3 3 1,833 2007 $385,000 $0   289
4 A 10099 NELLE AVE, unit 807 3 3 1,833 2007 $459,000 $0   335
5 C 10099 NELLE AVE, unit 406 2 2 1,554 2007 $190,000 $0   217
6 S 10099 NELLE AVE, unit 402 2 2 1,554 2007 $189,000 $185,000 02/25/2011 99
7 S 10099 NELLE AVE, unit 602 2 2 1,554 2007 $219,000 $195,000 01/17/2012 180
8 S 10099 NELLE AVE, unit 502 2 2 1,554 2007 $205,155 $205,155 03/31/2011 471
9 S 10099 NELLE AVE, unit 901 3 3 1,833 2007 $399,000 $265,000 01/06/2012 228
10 S 10099 NELLE AVE, unit 504 3 2 1,855 2007 $325,000 $275,000 09/30/2011 1724
11 S 10099 NELLE AVE, unit 804 3 2 1,855 2007 $349,000 $279,000 02/14/2011 0

 

As you can see, this unit is priced  very competitively with the activity in the rest of the building.

To view articles on other neighborhoods in Southwest Pensacola, check out the links below.

Chevalier

Chandelle

Manchester

Herons Forest

Emerald Shores

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