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Community Spotlight – Tidelands, Palm Coast

 The Community of Tidelands, Palm Coast, Florida

 New Listing in Tidelands, Palm Coast

 I just listed a 3 bedroom, 2 bath condominium in the community of Tidelands in Palm  Coast.  The unit has 1686 sq ft of living space, pillars dividing the dining and living areas, stainless appliances, brand new professional paint and a private balcony overlooking beautiful oak trees and the Intracoastal Waterway.  List price is $168,900 and it is one of only (3) 3 bedroom condos on the Intracoastal and should sell relatively quickly. Original sales price on this unit was over $500,000! Here is a link to this listing:

Tidelands Amenities and Community Information

The community of Tidelands is located in Palm Coast and sits along the Intracoastal Waterway.  The community is gated and offers residents 2 pools, spas, cabanas, fitness center, fire pit, social room, billiard room, basketball courts, scenic walking and biking trails and tennis courts. Some units come with a single car garage, the unit I just listed comes with a large storage locker.

Tidelands History and Future Trends

The community of Tidelands was built by Centex, developer units were sold at high prices (original sales price on the condo I just listed was $500,000+!) Tidelands was hit particularly hard by the Real Estate downturn, but the situation is getting better as the bank owned and short sale condos get sold. There have been 35 sales so far in 2011 as compared to 10 in total for 2011.  There are still distressed properties on the market in Tidelands and it will be awhile before any uptick in pricing is noted; however this increase in property sales is a positive sign.

Please visit the Tidelands Community Page for all community information and listings in Tidelands.  If you are a Tidelands Property Owner Contact The Orak Team your Tidelands Property experts for a market analysis.  As always feel free to call The Orak Team anytime 800-931-2071 or 386-931-4153.

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