Interesting trend…
Since January, six ocean front homes have sold (settled or posted under contract) on the island. Five of the six properties are located in Stone Harbor.
Three have settled: an older upside down style on 17th Street in Avalon situated on a 60′ X 110′ lot sold for $3,800,000; a 75′ X 110 lot on 99th Street with an older contemporary home sold for $3,875,000; and an updated upside down style home with a pool, situated on a 90′ X 100′ lot on 110th Street sold for $6,600,000
Three are sale pending: a newer home on a “flag” lot on 90th Street listed for $3,300,000; an upside down style built in 1994 with a pool, on a 60′ X 110′ lot on 118th Street listed for $4,995,000; and an older upside down style home on a 80′ X 90′ lot listed for $6,200,000 (final selling prices are not available until settlement).
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