# SFR listings as of 7/11/08 (not including shortsales) : 1117
Avg Price: $306,764
Low: $652,900
High : $1,599,000
Volume: $342,655,767
Closing after 5/1/08: 116
Avg list price: $209,938
Avg sold price: $195,193
Low list: $84,900
Low sold: $80,000
High list: $807,759
High sold: $660,000
Price Differential Sold to list: 92.98%
Avg DOM: 146
# SFR Short Sales currently on market: 411
Closing on or after 6/1/08: 14
Average list price: $159,800
Avg. sale price: $152.557
Lowest list price: $110,000
Lowest sale price: $100,000
High list price: $279,900
High Sale price: $245,000
# Lender Owned on the market: 32
This information was gathered from the Flagler County MLS and is deemed reliable but not guaranteed.
Avg Price: $305,569
Low: $82,900
High : $1,800,000
Volume: $366,683,160
Closing after 5/1/08: 132
Avg list price: 216,386
Avg sold price: $200,162
Low list: $69,900
Low sold: $59,000
High list: $899,900
High sold: $800,000
Price Differential Sold to list: 92.5%
Avg DOM: 148
# SFR Short Sales: 410
Closing on or after 5/1/08: 16
Average list price: 169,969
Avg. sale price: 153,281
Lowest list price: 115,000
Lowest sale price: $113,000
High list price: $279,900
High Sale price: $245,000
# Lender Owned: 92
In searching the Palm Coast residential building permit records on the Palm Coast City website I found that 16 new construction permits were pulled between 5/11/08 and 6/11/08. The average value listed was $210,039 and the average size 2242 sf living.
The Volusia County Parade of Homes began March 29, and will continue through April 6th. Model homes are open Monday to Saturday 10 am - 6 pm, and Sunday noon to 6pm. The Showcase home is located in Plantation Bay, built by ICI Homes. There are 59 properties to see.
For more information you can find a guide book at any Volusia County SunTrust Bank location or in the March 29th issue of the Daytona Beach News Journal.
If you’ve driven north on US 1 from Palm Coast, then you’ve seen the construction going on on both sides of the road. Driving by it looks like walking trails with raides boardwalks…BUT there is so much more planned!
This is 4700 acres of mixed use development. That’s over 3x the size of the Town Center. This area will include the Saawmill Creek golf course, several residential & commercial developments. Big box retail, a K-8 school, parks, 2 fire stations etc. are also soon to come.
SeaGate Homes, LLC has purchased 51 Palm Coast, FL lots from Masterpiece Homes, Inc. putting their inventory at approx 120 Palm Coast lots.
In all Orleans Homes, the parent company of Masterpiece, has sold 1400 lots in 5 states (560 in Florida)
Sea Gate ranked No. 26 on the Fastest-Growing Private Companies List in The Business Journal’s 2008 Book of Lists with $112.3 million in revenue in 2006. Based on a 35.2 percent average annual increase in revenue from 2004 to 2006 the company ranked No. 7 on the Fastest-Growing Private Companies By Dollar Volume list.
Here is the long awaited virtual tour of the Emerson Drive Townhomes located in the most convenient section of Palm Coast; CLOSE TO EVERYTHING- shopping at the new Palm Coast Town Center, tennis, golf, the beach, dining, and travel & transportation!
Built by Affordable Florida Homes, Inc. and listed for sale by Sun Coast Real Estate Services, these homes are truly a unique opportunity. With upgraded structural features such as solid concrete exterior and fire walls with 3x the steel reinforcement of CBS construction, metal roofing, heavy duty hurricane straps, 5/8″ CDX roof decking, 16″ O.C. stud placement, double pane insulated glass windows engineered to 140mph, and 3000psi concrete in driveway and foundation reinforced with fibermesh and wiremesh, just to name a few; these homes were built to withstand the test of time and Florida’s weather conditions! Also comes with a 15 year structural warranty!
Interior: zoned A/C, tile flooring everywhere except the bedrooms, granite kitchen counters, cultured marble bath counters, wood raised panel cabinetry in the kitchen, bathrooms, and utility room, tile shower walls, upgraded lighting fixtures and fans, rounded drywall corners, automatic garage door opener, smooth top stove, oven, dishwasher, garbage disposal, above range microwave, Kohler plumbing fixtures.
Exterior: St. Augustine Sod with 4 zone sprinkler system with “rust free” system, tropical landscaping package, fenced backyard, 60A has an inground pool as shown here, covered rear lanai, and covered front entry.
Call me at 866-931-3778 to set up an appointment to see these for yourself!
Have you ever wanted to live on a Golf Course in sunny Florida? Here is your chance to live the dream. This is a beautiful custom built, builders own personal home, located in the only waterfront, gated, golf course community in New Smyrna Beach, FL. This is a steal Priced at $499,900! 2225 square feet of living area, 3175 under roof! 3 bedroom 2 bath beauty
Some of the extraordinary location features include:
The State Of Florida offers a down payment assistance program in many counties, Flagler being one of them, that many people do not know about. It was put in place to help low to moderate income families become homeowners. The areas that this assistance applies within Flagler County are; Bunnell, Palm Coast, Beverly Beach, Flagler Beach, Marineland, and the unincorporated area of the County.
There are requirements that need to be met in order to qualify for the SHIP (State Housing Initiatives Program) however. Some of these requirements are as follows:
1. Income needs to fit into the very low, low, or moderate brackets as set by the state. The amount of assistance you qualify for depends on your annual income and the size of your family. The current Guidelines are:
2. The home must be a new (less than 1 year old and never occupied) or existing (over 1 year old) home, townhouse, or condominium priced at or below $189,682. If it is to be a new home, you are free to choose your builder of choice, but the house and lot total must not exceed this maximum price.
3. You need to be able to qualify for a mortgage, you must prequalify for income and creditworthiness through the program and you must successfully complete the homeowner education course and consumer credit counseling.
The maximums that can be awarded are: up to $50,000 for a very low income household, up to $40,000 for a low income household, and up to $3000 for a moderate income household.
This is a program that was put in place in hopes that those who use the benefit purchase a home and stay in it. If someone uses these funds to buy a house then sells in under 30 years, they must repay the loan. For more information, complete details, and to apply for this assistance, contact Mid-Florida Housing Partnership, Inc. at 800-644-6125.
If you are thinking of purchasing a Palm Coast home built prior to March 1st, 2003 you need to read this first!
Did you know?
In October 2007, the Florida Legislature adopted a new set of guidelines for Roofing Retrofits. Now, any re-roof needs to bring the entire integrity of the roof, ie. decking, and fasteners up to current building code. This specifically applies to homes built prior to 3/1/02.
This means that the cost to replace a roof is now much more expensive than ever before! Read on to find out the details:
HURRICANE DAMAGE MITIGATION PROVISIONS OF HB 7057 adopted by the Florida Legislature
1. BACKGROUNDThe Building Officials Association of Florida has undertaken to establish these guidelines for fair and reasonable implementation of the Hurricane Damage Mitigation provisions of HB 7057 adopted by the Florida Legislature for inclusion in Section 553.844, F.S., and effective October 1, 2007.Deliberations included input from Building Officials of various jurisdictions within the State, representatives of the roofing contractors, manufacturers, homebuilders, and other affected industries. Consideration was given to several facts;
(1) No clear responsibility was assigned to building departments in the bill, (2) The bill is not part of any commonly acknowledged construction code, (3) Practical construction and installation applications of certain provisions in the bill were not addressed and, (4) Reasonable thought and common practice should apply as to its implementation date.2. PURPOSEThese guidelines were developed for distribution and consideration for use by building departments in
Florida which do not currently enforce equivalent, or more stringent, hurricane mitigation requirements for existing single family homes. These guidelines do not constitute a directive or legal opinion. They should only be used after careful consideration and in conjunction with all information provided in the entire document, including notes and commentary
3. GOALIt is the intent of the Building Officials Association of Florida, Through development and distribution of these guidelines, to encourage and facilitate reasonable, consistent implementation statewide of certain provisions of the bill. These guidelines represent a “best effort” to interpret the vague and ambiguous statutory language of the bill and provide support for its stated intent of integrating cost-effective techniques of proven methods of the Florida Building Code into certain buildings constructed prior to the Code’s implementation March 1, 2002.4. CONCLUSIONSThe Building Officials Association of Florida concludes that implementation and application of the following guidelines will reasonably meet the implied intent of Section 553.844, F.S. and Rule 9B-3.0475, FAC and the Hurricane Mitigation Manual referenced therein. (The Hurricane Mitigation Manual is available at;
BOAF Guidelines for Hurricane Mitigation Retrofits for Existing Site Built Single Family Residential Structures Effective Date October 1, 2007 (applicable to permits applied for on or after this date) Applies to site built single family residential structures build before the implementation of the Florida Building Code 3/1/02 Based on HB 7057, s. 553.844, Florida Statutes and Rule 9B-3.0475,Florida Administrative Code and the “Hurricane Mitigation Manual” referenced therein For the purposes of this guideline the code sections specified will be from the Hurricane Mitigation Retrofit Manual.I. Supplemental Fasteners and Secondary Water Barrier
A. Trigger: When a roof on an existing site-built, single familyResidential structure is replaced. [According to the 2004 Florida Building Code (Section 1502 Definitions): ROOF REPLACEMENT: The process of removing the existing roof covering, repairing any damaged substrate and installing a new roof covering.]B. Requirements:1. Roof deck attachment and fasteners shall be strengthened and corrected as required by section 201.1.
2. A secondary water barrier shall be provided as required by section 201.2. Self-adhering polymer modified bitumen tape or sheets (peel and stick products) must comply with ASTM D1970C. GuidelinesQ. Is there a required inspection (or affidavit certification) for the supplemental fasteners?A. Yes
Q. Who can perform this inspection (or affidavit certification)?A. Florida Professional Engineer, Registered Architect, Licensed General Contractor, Building Contractor, Residential Contractor, RoofingContractor or persons certified in the structural discipline under FS 468.Q. Can existing sheathing fasteners be used to satisfy the supplemental requirement in Table 201.1 where wind speed is greater than 110 mph? A. Only if the existing fasteners are 8d clipped head, round head, or Ring shank and spaced at 6″ or less on center.
Q. What type of fasteners must be installed to satisfy the supplemental requirement in Table 201.1?A. Supplemental fasteners shall be 8d ring shank nails with round heads and the minimum dimensions as specified in 201.1.Q. Are the enhanced fastener requirements and secondary water barrier required on new construction?A. No.
Q. Is there a required inspection (or affidavit certification) for the secondary water barrier?A. YesQ. Who can perform this inspection (or affidavit certification)?A. Florida Professional Engineer, Registered Architect, Licensed General Contractor, Building Contractor, Residential Contractor, RoofingContractor or persons certified in the structural discipline under FS 468.
Q. Can self-adhering polymer modified bitumen (peel & stick) be applied directly to the roof sheathing in the HVHZ as well?A. Yes for the purposes of complying with these secondary waterproofing requirements only. (Subject to local approval)Q. What is the minimum thickness of self-adhering polymer modified Bitumen that can be installed?A. A minimum of 40 mil is required, Per ASTM D 1970. II. Roof to Wall Connections (Wind Bourne Debris Region only)A. Trigger: When a roof on an existing site-built, single familyResidential structure within the wind borne debris region and having an insured value or just valuation for purposes of advalorem taxation for the structure of $300,000 or more is replaced.B. Requirements
1. Sufficient eave sheathing shall be removed to expose a minimum of 6 Feet of framing members (Clarification: 6 feet from the corner on aHorizontal plane along the edge of the roof to expose 3 roof trusses, rafters etc. The width from the edge or eve of the roof only has to be the minimum required to view the connectors which could be 12 inches, 16 inches, 24 inches etc. depending on the width of the overhang.)2. Wherever a strap is missing or an existing strap has fewer than 4 fasteners on each end the intersection of roof framing with the wall below shall be strengthened by adding
a. Metal connectors, clips, straps and fasteners such that the performance level equals or exceeds the uplift capacity as specified in Table 201.3 ORb. Approved strap ties or right angle gusset brackets with a minimum uplift capacity of 500 lbs shall be installed to the top plate or masonry wall below.
c. Refer to sections 201.3.1 to 201.3.4 for prescriptive requirementsC. Guidelines
Q. Can a Roofing Contractor pull the permit for the re-roofing and the Roof to wall retrofit?A. Yes, as long as the investigation, reporting, and retrofitting of the roof to wall connections is sub-contracted to a Licensed General Contractor, Building Contractor, or Residential Contractor.Q. What additional paperwork must be submitted by the Roofing Contractor prior to the issuance of a re-roof permit?A. Proof of insured value or a copy of the ad-valorem tax value. A valid permit application for the re-roof, and the required mitigation retrofit work, the contract value of which equals or exceeds 15% of the cost of re-roofing, subcontracted to a Licensed; General Contractor, Building Contractor, or Residential Contractor..
Q. Does the 15% of the cost of the re-roof include the cost of the investigation, subsequent report and the proposed roof to wall connections?A. YesQ. Who can prepare a report to be submitted with the re-roof permit application addressing existing and proposed metal connectors, clips, straps, fasteners and additional structural elements when using the prescriptive methods specified in sections 201.3.1 to 201.3.4?A. Florida Professional Engineer, Registered Architect, Licensed General Contractor, Building Contractor, or Residential Contractor.
Q. Is a separate permit required to install metal connectors, clips, straps, fasteners and additional structural elements?A. No, this work can be subcontracted to a Licensed General Contractor, Building Contractor, or Residential Contractor.Q. Is there a required inspection (or affidavit certification) for the installation of metal connectors, clips, straps, fasteners and additional structural elements?A. Yes.
Q. Who can perform this inspection (or affidavit certification)?A. Florida Professional Engineer, Registered Architect, Licensed General Contractor, Building Contractor, Residential Contractor or persons certified in the structural discipline under FS 468.Q. Can a Roofing Contractor install metal connectors, clips, straps, fasteners and additional structural elements?A. No.
Q. Which side of the wall can the retrofit connectors be installed on?A. Either side, the manual states “Wherever access makes it possible (Without damage of the wall or soffit finishes)”.Q. If there is an existing strap with less than 4 fasteners, can Fasteners be added?A. Yes, that option appears for hip roofs on wood frame or masonry construction and for gable roofs on wood frame and may be determined acceptable by the local governing authority under alternate materials and methods provisions of the Florida Building Code.Q. Does an existing 1/8″ strap with 3 - 16d nails satisfy the 500 lbuplift requirement?A. No, per the manual.III. Opening Protection (Wind Bourne Debris Region only)
A. Trigger: When any activity requiring a building permit that is Applied for on or after July 1, 2008 for which an estimated cost is $50,000 or more for a single family residential building that is located in the wind borne debris region and having an insured value or just valuation for purposes of ad-valorem taxation for the structure of $750,000 or more.B. Requirements1. Opening protection as required within the Florida Building Code, Building or Florida
Building Code, Residential for new construction shall be provided.
C. GuidelinesQ. Does an accumulated value of permits within a 12 month period which exceeds $50,000 trigger this requirement?A. No.Q. Is a permit required to install the opening protection?A. Yes.
Q. Who can perform this inspection?A. The local Building Department.IV. Gable End BracingA. Trigger: There is no trigger to require supplemental gable end bracing. These requirements are voluntary.
B. Requirements1. If an owner voluntarily chooses to retrofit gable end walls, the prescriptive methods of section A104 may be used.C. Guidelines
Q. Is a building permit required to retrofit gable end walls?A. YesQ. Is there an inspection required to retrofit gable end walls?A. Yes.
R. Who can perform this inspection?A. The local Building Department.5. COMMENTARYThe Building Officials Association of Florida, after having received
and reviewed knowledgeable input from building officials, roofing contractors, roofing manufacturers, and other interested parties believes these guidelines to be reasonable, practical and consistent with the intent of the HB 7057. These guidelines are not an official interpretation of the law. For complete text of the applicable requirements, refer to s. 553.844, Florida Statutes and Rule 9B-3.0475, Florida Administrative Code and the Hurricane Mitigation Manual referenced therein.
