7 Homes on The Market in 360 – If You Are An Interested Buyer….There’s No Better Time

One of the reasons that prices have continued to go up in 360 is that the demand for homes in the gated community never seemed to slow.  While demand is still strong there’s no doubt we’re in a bit of a slowdown in the 360 real estate market.  One thing that may finally settle the incredible “sellers”  market down a bit is an increase in available homes.  That seems to be changing and as of 3/15/19 there are 7 homes for sale in 360.  That’s far more than we’ve seen in the past few years and we’re aware of at least two other upcoming listings.

Buyers Being Able To Negotiate?

One of the challenges for buyers in the past years is that with the demand and number of other buyers, there has been very little ability to negotiate.  In a normal “balanced” market things are on a relatively even terms.  Homes sit on the market for a while, and buyers have the ability to try and negotiate good terms, whether that’s a good price or whether thats other items like repairs, timeframes, etc.

For Homebuyers Interested in 360….Now May Be The Time

With the increased home inventory it may be possible to purchase a home below the value of the last few sales.  As every home is different and every seller is different, there’s no guarantee of a good negotiation, but the market environment certainly makes that more likely.  If you are looking to buy a home in 360 we would love to help.  Contact us to tell us about your home search, or sign up for our FREE listing alerts and never miss a new 360 listing again.

Current homes for sale in Three Sixty at South Bay

**The listings below may be represented by other realtors. We are providing this information as a service to our clients.

Click any MLS number above for details and photos of the home.

**The listings above may be represented by other realtors. We are providing this information as a service to our clients.

Why Buy in 360 Instead of Rent?

Information for First Time Home Buyers

When you’re thinking about buying your first home, it’s essential for you to be confident in your decision to buy instead of rent. However, you may not know about the many great reasons to buy a home! Here are just a few of them:

Smart Investment
When you invest in a home, it offers the possibility for appreciation in value. The equity becomes yours when you’re still paying off your mortgage. You even get to live in it while your investment matures.

Tax Advantages
Since both mortgage interest and property taxes are tax deductible, homeownership can save you significant amounts of money every year.

Planned Housing Costs
You decide how much you spend on your home, including repairs and improvements. Unlike renters, homeowners with a fixed-rate loan can lock in their monthly housing costs.

Improvements to Your Taste
You can choose which improvements to make your own property, such as a deck, kitchen remodel, or new paint, instead of needing permission from your landlord.

See the current homes for sale in 360 South Bay.

If you have more questions about making the decision to buy a home, please feel free to call or email.

See the Homes in 360 That Have Sold So Far in 2019

2019 has started off strong in the gated community of 360 South Bay with a number of home sales along with the current homes for sale. Through March 13 there have already been 6 closed escrows.  The highest price so far for the year was 5542 Palm Drive which was a 4 bedroom single family style detached home in the Terraces which closed at $1,215,000 early in January.  The lowest sale so far has been a 2 bedroom in the Court which closed at $765,000 on March 3rd.  See all of the closed sales below.

360 Home Sales in 2019 through March 13th

**The listings below may be represented by other realtors. We are providing this information as a service to our clients.

Click any MLS number above for details and photos of the home.

*Information deemed reliable but not guaranteed.  All information to be verified.

Currently 3 Very Different Layouts for Sale in 360 South Bay

**See updated information on the current 360 South Bay homes for sale**As of this post (2/23) there are three active homes for sale in 360 South Bay.  That’s not all that uncommon but the current listings are all quite a bit different.  Here’s what we currently have:

    • 5550 Boardwalk Dr  Unit#105 – This 1 bedroom is in the Lofts which is very rare.  The builder decided not to build more than one of the “Lofts” buildings so there are only a few units and they are, by far, the most unique in the complex.  This unit is currently listed at $695,000 and offers 1 loft style bedroom, 1 1/2 baths and approximately 1,149 square feet*.  HOA dues for the unit are $350 a month*  and is listed with Shoshana Shamoeil with SGE Real Estate.  Ironically another very similar unit, which is again very rare to see, just recently sold at $690,000
    • The newest listing is at 5441 Ocean Dr #101 and is a corner unit in the “Row”.  With high ceilings and a balcony, this residence 3  floorplan offers a very different feel from most of the middle units in the row.  Featuring 2,040 square feet* with 3 beds and 3 baths the home is currently listed at $1,099,000.  HOA fees for this unit are $421 a month* and is listed with David Brizendine of Compass.
    • The third home currently on the market is a single family style home in the “Terraces” at 5240 Pacific Terrace.  This freestanding home offers 4 bedrooms, 3 baths, and is one of the largest layouts in the Terraces with 2,423 square feet*  HOA dues for the home are currently $204 a month*.  Home is listed with Latasha O’Keith of Lamarc Realty

Current homes for sale in Three Sixty at South Bay

**The listings below may be represented by other realtors. We are providing this information as a service to our clients.

Click any MLS number above for details and photos of the home.

*Information deemed reliable but not guaranteed.  All information to be verified.

What’s Around 360? Explore Nearby Neighborhoods and Communities

If Three Sixty South Bay isn’t the only neighborhoods you might be interested in, click on any city, neighborhood or photo below to see a real estate website designed specifically to provide valuable information on that area. See the current homes for sale, recent home sales, market statistics, area maps, photos and more. We hope that our information can help you with your home search. If you want other information or would like our assistance with your search please don’t hesitate to contact Keith Kyle for all of your real estate needs.

South Bay Communities and Real Estate Websites Around 360 South Bay

 

2018 Year in Review – 360 South Bay Real Estate Recap

What a year it was in 360 South Bay.  Prices continued to skyrocket, demand never seemed to ease, and the real estate market in this gated community just keeps getting stronger.  Overall there were 45 on market home sales with an average sales price of just under $913,000 while the average list price was $900,000….meaning the norm in the community was for homes to sell over their list price….which was pretty astounding.

View the current homes for sale in 360.

The lowest price sale of the year was $572,000 for an 890 foot studio in The Flats.  The high price of the year was $1,300,000 for a 4 bedroom single family style home in the Terraces.  The median price per foot was $548.

2018 Home Sales in 360 South Bay

Prop
Type
  Address Close Price – List
Price
Price per Footoot
Bed/Baths
Sq Feet
Close Date
CONDO 13125 Central Ave #203 $572,000 –  $585,000
$642.70
0/1,0,0,0
890/
10/5/2018
SFR/A 5550 Boardwalk #102 $690,000 –  $695,000
$607.93
1/1,0,1,0
1135/P
11/30/2018
TWNHS/A 12920 Central AVE #403 $690,000 –  $695,000
$521.54
1/1,0,1,0
1323/B
11/20/2018
CONDO/A 13021 Central AVE #403 $698,000
$527.59
1/1,0,1,0
1323/B
4/10/2018
CONDO/A 12915 Park PL #303 $775,000 –  $790,000
$542.34
2/2,0,0,0
1429/B
11/6/2018
CONDO/A 13029 Central AVE #301 $780,000 –  $785,000
$545.84
2/2,0,0,0
1429/B
7/17/2018
CONDO/A 13028 Central AVE #201 $785,000 –  $779,000
$549.34
2/2,0,0,0
1429/B
7/23/2018
CONDO/A 12822 Manhattan Court #104 $785,000
$574.25
2/2,0,1,0
1367/B
3/28/2018
CONDO/A 13022 Central AVE #301 $795,000
$556.33
2/2,0,0,0
1429/B
10/13/2018
CONDO/A 13029 Central AVE #201 $795,000
$556.33
2/2,0,0,0
1429/B
6/19/2018
CONDO/A 5331 Ocean #104 $810,000 –  $780,000
$592.54
2/2,0,1,0
1367/P
4/12/2018
CONDO/A 12922 Union AVE #402 $810,000 –  $799,000
$511.36
2/2,0,0,0
1584/B
8/17/2018
TWNHS/A 12823 Manhattan CT #105 $815,000 –  $805,000
$524.45
2/2,0,1,0
1554/B
10/25/2018
CONDO/A 5547 Strand #104 $820,000 –  $815,000
$527.67
2/2,0,1,0
1554/B
9/13/2018
TWNHS/A 5449 Strand #102 $825,000 –  $815,000
$530.89
2/2,0,1,0
1554/B
8/10/2018
TWNHS/A 12822 Manhattan CT #105 $825,000
$603.51
2/2,0,1,0
1367/B
7/20/2018
TWNHS/A 5321 Ocean #105 $827,500 –  $809,000
$605.34
2/2,0,1,0
1367/O
9/24/2018
CONDO/A 12917 Central AVE #402 $830,000 –  $795,000
$536.18
2/2,0,0,0
1548/B
2/7/2018
TWNHS/A 5355 Strand #103 $845,000 –  $780,000
$502.98
2/2,0,1,0
1680/A
3/1/2018
CONDO/A 5325 Pacific #103 $860,000 –  $865,000
$500.00
2/3,0,0,0
1720/AP
6/26/2018
TWNHS/A 5547 Strand #105 $868,686 –  $839,000
$506.82
2/2,0,1,0
1714/B
7/6/2018
TWNHS/A 5331 Ocean #106 $870,000 –  $849,000
$447.99
3/2,0,1,0
1942/B
4/16/2018
TWNHS/A 5560 Boardwalk #102 $871,000 –  $829,000
$539.65
3/3,0,0,0
1614/B
4/20/2018
CONDO/A 13127 Union AVE #104 $880,000 –  $845,000
$539.88
2/1,1,1,0
1630/P
9/13/2018
TWNHS/A 5527 Strand #103 $880,001 –  $859,995
$500.57
2/2,0,1,0
1758/B
8/22/2018
CONDO/A 12921 Union AVE #104 $885,000 –  $870,000
$593.96
3/3,0,0,0
1490/A
5/9/2018
CONDO/A 13024 Union AVE #404 $885,000
$571.71
2/2,0,0,0
1548/P
9/7/2018
CONDO/A 5440 Strand #401 $890,000 –  $839,000
$582.46
2/2,0,0,0
1528/P
10/19/2018
TWNHS/A 13127 Union AVE #106 $890,000 –  $869,000
$553.48
3/2,0,1,0
1608/B
7/9/2018
TWNHS/A 5593 Palm DR #107 $893,000 –  $859,000
$535.37
3/3,0,0,0
1668/B
5/18/2018
TWNHS 5565 OCEAN #103 $899,000
$483.33
3/3,0,1,0
1860/
5/2/2018
TWNHS/A 13127 Union AVE #105 $899,000 –  $909,000
$454.50
4/4,0,0,0
1978/O
5/22/2018
CONDO/A 13228 Central AVE #101 $925,000 –  $895,000
$501.90
3/2,0,1,0
1843/B
7/13/2018
TWNHS/A 5552 Coral DR #108 $1,051,000 –  $1,029,000
$507.24
4/4,0,0,0
2072/B
12/18/2018
TWNHS/D 5517 Palm DR $1,075,000 –  $1,049,000
$627.92
3/3,0,1,0
1712/A
7/19/2018
CONDO 5419 STRAND #101 $1,116,101 –  $1,149,900
$539.18
3/3,0,0,0
2070/A
11/27/2018
CONDO/D 5224 Pacific Terrace $1,134,000 –  $1,129,000
$609.35
3/2,0,1,0
1861/P
2/15/2018
TWNHS/D 5125 Pacific Terrace $1,145,000 –  $1,139,000
$615.26
3/2,0,1,0
1861/P
8/1/2018
SFR/D 5234 Pacific Terrace $1,145,000 –  $1,140,000
$615.26
3/2,0,1,0
1861/A
5/2/2018
SFR/A 5246 Pacific Terrace $1,160,000 –  $1,179,000
$562.02
4/2,0,1,0
2064/A
2/21/2018
SFR/D 5556 Palm DR $1,170,000 –  $1,195,000
$566.86
3/2,0,1,0
2064/A
7/17/2018
SFR/D 5233 Pacific Terrace $1,199,000
$548.24
4/2,0,1,0
2187/A
4/10/2018
SFR/D 5577 Palm DR $1,200,000 –  $1,225,000
$597.91
4/1,1,1,0
2007/A
5/30/2018
TWNHS/A 12921 Union AVE #101 $1,206,000 –  $1,234,500
$572.65
4/4,0,0,0
2106/B
7/31/2018
SFR/D 5222 Pacific Terrace $1,300,000 –  $1,100,000
$594.42
4/2,0,1,0
2187/
8/31/2018

Finally Some Housing Inventory in Three Sixty South Bay

It’s been pretty slowgoing with new listings for sale in the gated community of 360 South Bay with only a trickle of homes on the market. Those homes have generally sold pretty quickly in the past few months although there are indications that the real estate market may be cooling.

Recently there have been a few new homes for sale and a few are fairly unique. One of the recent listings was a 1 bedroom loft style home in The Lofts at 5550 Boardwalk # 102, which quickly went into escrow. We are aware that another similar unit will soon hit the market as well.

As of this post on 11/28 there are 3 active homes for sale in 360 and we are aware of three upcoming or off market listings in the community as well. If you are looking to buy in the community now may be a good time to buy with a variety of homes available and interest rate rises on the horizon.

Rare 1 Bedroom in The Lofts for Sale at 5550 Boardwalk # 102

*Update this home is currently in escrow.

As there is only one building that makes up the “Lofts” in Three Sixty and the very unique floorplans this style offers, it’s rare that homes become available in this building.

Recently 5550 Boardwalk # 102 hit the market at a price of $695,000.  This is a 1 bedroom (loft style) 1 1/2 bath home with approximately 1,135 square feet.  As this, along with all of 360, was built in the past 10 years the places have all of the features and finishes expected of new construction.  5550 Boardwalk # 102 offers hardwood floors, great light, stainless appliances and a nice open feel.  Contact us if you are looking for something similar as we are aware of another unit that will be hitting the market.

The Rare Unit in the Lofts for Sale – 5550 Boardwalk Unit#102

As there is only one building in the “Lofts” it’s extremely rare that one comes on the market.  New to the market is 5550 Boardwalk #102This one bedroom, 2 bath condo with approximately 1,135 square feet offers a layout unlike anything else in 360 South Bay.  The home is priced at $695,000 and listed with Larry Lentz of West Shores Realty.

  • $695,000
  • 1 bedroom/2 bath
  • 1,135 sq feet (approx)
  • HOA $454 month

Three Sixty South Bay offers a great community feel with resort like ammenities including multiple pools, spas, several park areas, dog park, state of the art fitness center and incredible community rooms.

Please contact us for more information or to schedule a private showing.

Keith Kyle
360 Specialist

 

Keith@KeithKyleHomes.com
310.251.2344

And Then There Was One….Only One Active Listing in 360*

*as of August 13, 2018

While we saw a recent uptick in homes coming on the market in 360 at the beginning of summer, and even saw a few homes sit for a few weeks….that didn’t last long. As of 8/13 there is now only one active listing in all of Three Sixty. Current only 5254 Pacific Terrace is available with 6 homes current under contract and in escrow. 5254 Pacific Terrace is a residence 1 floorplan in the detached “Terraces” offering 3 bedrooms, 2 1/2 bath, almost 1,850 square feet. The home is currently priced at $1,129,000 and as of 8/13 has been on the market for 38 days.

Never miss a new listing with our FREE 360 email listing alerts

Information courtesy of Holly Danna of Douglas Elliman.

**Please note that we have no official affiliation with Three Sixty at South Bay. Our site is designed to help provide real estate information on this and other communities.  Information deemed reliable but not guaranteed.  Buyers and seller to verify all information

Keith Kyle – Realtor – DRE#01712785