Having been taken “down to the studs and masterfully redesigned,” with four (or five) bedrooms, three full bathrooms, an open chef’s kitchen and great room, and a penthouse media room with a wet bar and wrap around roof deck, the modernized single-family home at 864 Florida Street, “in the heart the Inner Mission,” sold for $3.1 million in March of 2015.
Since improved with custom enhancements and “now better than new,” the roughly 2,850-square-foot home returned to the market this past September, priced at $2.995 million with expectations for a bidding war.
Having failed to secure an acceptable offer, the list price for 864 Florida was raised to $3.08 million in October, to $3.15 million in November, and then removed from the MLS without a reported sale.
And today, the remodeled single-family home is back on the market with a $3.15 million price tag, a sale at which would represent total appreciation of 1.6 percent since early 2015 on an apples-to-apples, versus “median price,” basis and with an official “1” day on the market according to all industry stats and reports.
If you think you know the market in the Mission, now’s the time to tell (especially if you missed the mark with respect to the apples-to-apples sale of the remodeled single-family home at 948 Hampshire Street).