Friday, May 9, 2008

Navy St. outcome?

Remember this Ocean Park 2 bed / 1.5 bath "brownstone" "greenstucco" at 750 Navy St. from March 13 that was asking an unlikely $1,900K?

Yet it left the market not long after. Could it have actually sold at that price? Guess not. I heard its builder decided to live in it.

If you're disappointed, there's still 807 Navy, 4 bed / 3 bath, asking $1,499K since 4/10, described as:

"Escrow Fell Through!! One of a kind legal live/work space in Ocean pk. Unique industrial loft like structure designed by Michael Folonis. Soaring 20 foot ceilings and flooded with natural light. Two floating mezzanines, one converted to cool master suite. Exposed cinder block walls and metal I beams and unique window placement throughout. Sunny central patio. All living spaces on 2nd level above 6 car security parking. Close all that Main St. has to offer inc. Farmer's Market and the beach...."

Don't you love the description about Main St. and the beach, rather than the used car lot next door on Lincoln Blvd.

7 comments:

Anonymous said...

Why are there no pictures of 807 Navy? They paid $925K in 2002. Hmmm. But the description is indeed silly.

Anonymous said...

748 Navy is also available at $899K w/plans so you can build the same house as 750 Navy. It will probaby cost you $1million to build the house and a lot of aggravation so you might as well buy 748. The only thing uglier than 748 will the mirror image next door. This builder not only has poor taste, but also lacks sense. When will the game of who is dumber end? I think this guy might be at the end of the line, at least on Navy.

Price Stout said...

I drove by this house tonight. The picture doesn't do justice to how gawdawful ugly this thing is. Ack.

Anonymous said...

807 Navy is a short sale. "Owned" but not owned by Peter Mullins of AP Real Estate fame (you would think he would be out of business by now, but he's still here)--one of those who drive prices through the ceiling. it has been on the market as a 'short sale' taken over by the bank since before April. price is now 1.2mil, but it needs at least $150K worth of work. it also borders on a used car lot on Lincoln Blvd which is like living on the freeway at all hours day and night.

Anonymous said...

Actually I think "overpriced Mullins" is FINALLY out of business and good riddance!!! AP Real Estate's offices are gone and their number is disconnected. Its about time!

Anonymous said...

>Actually I think "overpriced Mullins" is FINALLY out of business and good riddance!!! AP Real Estate's offices are gone and their number is disconnected. Its about time!

it is indeed! Mullins should be in jail for all the fraud he perpetrated.

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