Friday, November 30, 2012

Another Phoenix…Palm Coast Plantation


 


Wikipedia defines the Phoenix bird:

A phoenix depicted in a book of mythological creatures by F.J. Bertuch (1747-1822)

In Greek mythology, a phoenix or phenix (Ancient Greek φοίνιξ phóinīx) is a long-lived bird that is cyclically regenerated or reborn. Associated with the sun, a phoenix obtains new life by arising from the ashes of its predecessor. The phoenix was subsequently adopted as a symbol in Early Christianity. The phoenix is referenced in modern popular culture.

I recently went ‘all in’ with my real estate business and established an office in Palm Coast Plantation because I loved the place when it first opened, I mourned when they turned off the fountain and I thought it was going to go under, and I saw an opportunity when several builders started building on Heron Drive.

All those wonderful intracoastal lots waiting for smart folks with cash to snap them up at today’s bargain prices.  My agency had a listing for a Palm Coast Plantation intracoastal lot that expired last year.  It was listed for $165,000.  The owner paid $304,000 for it in 2009.  I called him about re-listing it.  He will talk to his financial advisor.  Thinks maybe he should keep paying the mortgage and taxes and hold on to it.  At the same time, there is a bank-owned lot on the intracoastal available for $119,900.

Palm Coast Plantation is just north of Grand Haven on Colbert.  It is a community of upscale homes, but not quite as upscale as Island Estates or Hammock Dunes.  They are mostly what I call “Personalized Homes”  Built by builders who take plans from houses they have built before, use them as a base, and then custom draw a new set of plans that incorporate the personal preferences of the customer.  They generally run from $100-$120 a square foot. 
 
 

 New builders are making plans to put up models and spec homes there as soon as they can get some money or credit.   “House/Lot” ads are beginning to spring up.  And “Talk To Ted” is learning everything there is to know about the new builders on the block here and in Palm Coast in general.  And learning that most of them are the old guys working under new brand names and company structures.  I am ready for the just started increase in the sale of new construction in Palm Coast in general and Palm Coast Plantation in Particular.  A local, knowledgeable Buyers Agent is waiting to hear from you! 

My office is in a beautiful, showcase home built by Florida Green Homes.  Health, Safety and Energy Savings are the hallmarks of a certified "Green" home.   I hold an open house there every Saturday and Sunday from 1-5.  It's located at 25 Emerald Lake Court.  Traffic is steadily increasing each weekend.  Find out more about Palm Coast Plantation.  Drop in or call me on 386-503-1101. 

Talk To Ted !

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