Jan 24 2015

Cape San Blas Real Estate Week in Review – Jan. 17-23, 2015

Published by under Cape San Blas

For Sale and SoldYour are now entering a Deflate-Gate-Free-Zone where for the time it takes you to peruse this post you will not be subjected once to the apparently critical pressing issue of deflated footballs. NO such deflation here, just a rallying real estate market, in which we had two closings and four new contracts. Sellers added eight new listings, and changed prices on five others.  With all that, our inventory rose just a little, closing the week at 257, with 88 homes and 169 lots listed for sale in the Cape San Blas, Indian Pass, and C-30 Corridor market.

Cape San Blas Gulf Front Townhouse Under Contract December 2014 with List Price of $259,900

The first of this week’s two sales is a circa 1986 2-bedroom, 2 1/2-bath, 1,120 square-foot unit  in Cape Shoals, a complex adjacent to the north side of Cape Palms Park.   The sellers have owned it since mid-2001 when they purchased it for $190,000 and put it under contract late last month with a list price of $259,900, and sold it on Friday for $205,000, with the buyer paying for the title insurance and $1,000 of the Seller’s closing costs.

Cape San Blas Bank-Owned Lotin Jubilation Under Contract Jan. 2015 with List Price of $60,000

We’ll travel down to the south side of the Cape to Jubilation where our second sale is this bank-owned gulf view lot that went under contract two weeks ago with a list price of $60,000. The previous owners bought the diminutive 50′ by 80′ lot in December 2004 for $435,000, and the bank closed it on Tuesday for $54,000.

Bank-Owned Cape San Blas Gulf View Home Under Contract January 2015 with List Price of $232,500

There was a lot of interest in the first of this week’s four new contracts.  This bank-owned 3-b3edroom, 3-bath, circa 1997 gulf view home on Cape San Blas Road near Cape Palms Park went up for auction last Saturday with a list price of $232,500.  The auction ended on Wednesday with the final bid coming in at $381,000, with bids having been allowed in $3,000 increments. Homesearch.com has been doing a number of these auctions around here recently, all of which have been subject to the following terms:

  • A buyer’s premium equal to the greater of 5% of the winning bid amount or $2,500 will be added to all winning bid amounts that will determine the total purchase price
  • Property is being offered “AS IS, WHERE IS”
  • There are no inspection or financing contingencies
  • An Earnest Money Deposit of 3% of total purchase price or $3,000 (whichever is greater) is required
  • Buyer will receive a Special Warranty Deed (SWD) or equivalent.

Cape San Blas Gulf View Lot Under Contract with List Price of $79,900

Our second contract is on Cozumel Drive just a little south of the The Tradin’ Post. On Monday buyers submitted an accepted contract on this 115′ by 120′ one-third acre “X” zone gulf view lot listed for $79,900. The sellers have owned it since 1998 when they bought it for $25,000,

Cape San Blas Gulf View Home Under Contract January 2015 with List Price of $399,900

Our third contract is about a half mile further south where we find this 3-bedroom, 3-bath, 1,958 square foot gulf view home “X” flood zone home on Cape San Blas Road under contract on Thursday with a list price of $399,900. The Sellers bought it in late 2009 for $410,000.

Cape San Blas Gulf Front Condo Under Contract Janauary 2015 With List Price of $379,000

Our fourth and final contract takes us to the south side of the Cape to one of the few Condominiums in our area, The Club at Cape San Blas. Buyers were sold on this 3-bedroom, 2-bath, 1,415 square foot unit listed for $379,000.  This top floor home last sold in late 2008 for $450,000.

Well, that’s a wrap for this week. I’m starting to list properties in gearing up for spring visitors, so if you’re considering selling by all means, give me a call or text me at 850-227-5197 or email at sherri@sherridodsworth.com. If you’re interested in learning more about properties here along the coast, let me know. I hope wherever you are you have a pleasant, warm and dry weekend. Thanks so much for stopping by today.

 

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Jan 17 2015

Cape San Blas Real Estate Week in Review – Jan. 10-16, 2015

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For Sale and SoldNo need to look at the calendar this week to know it is winter. Luckily, after a string of cold, cloudy days, Florida sunshine has finally retaken the reins and is steering us towards warmer, sunnier days in the coming week.   The clouds couldn’t dim our market, as we still managed to close one sale and write up three new contracts, enter twelve new listings, and pen one price change.  Our inventory swelled by seven, closing at 255, with 87 houses and 168 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor market.  Let’s see which properties moved.

Cape San Blas Gulf View Lot Under Contract ecember 2014 with List Price of $88,500

Our solo sale is this 107′ by 102′, quarter-acre, gulf view “X” zone lot that went under contract in mid-December with a list price of $88,500.  It’s located on Seahorse Lane in Feather Sound, one of the early subdivisions on the Cape. There are no HOA fees, and all of the properties include deeded gulf access. The sellers bought it back in 1997 for $19,000, and sold it on Tuesday for $75,000, a price which included a new sewer tap.

Cape San Blas Gulf Front Home Under Contract January 2015 with List Price of $489,000

The first of our three new contracts is down by the rocks at stumphole; it’s a 3-bedroom, 3-bath, 1,876 square foot gulf front home built in 2012. The sellers bought it the following year in August 2013 for $400,000, and have it under contract with a list price of $489,000.

Bank-Owned Lagoon Front Lot Under Contract January 2015 with List Price of $30,000

Our next two contracts are both off the Cape, the first being a bank-owned lagoon front lot out on C-30 about a mile or so east of the Indian Pass Raw Bar. The previous owners bought it in 2000 for $49,000, or $67,363 today in inflation-adjusted dollars. Today the bank has it under contract with a list price of just $30,000.

Our third and final new contract finds us out along the quiet stretch of beach at Indian Pass in a little community called The Reservation. Here we have a 50′ wide by 320-foot deep, one-third acre gulf front lot under contract with a list price of $169,900. It’s not listed as a short sale even though county  records indicate it last sold in mid-2005 for $825,000.

That does it for this week. The forecast is for warmer weather in the coming week so hopefully our buyers will thaw out and our real estate activity will heat up again as well. I hope its sunny and warm where you are and if you’d like to join us here on the Cape where no matter how cool it gets the only white drifting stuff we ever have to worry about is the sugar white sand on our beaches, call or text me at 850-227-5197 or email to sherri@sherridodsworth.com . Let’s put some SOLD signs on some of these great deals! Thanks for stopping by today – I look forward to hearing from you.

 

 

 

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Jan 10 2015

Cape San Blas Real Estate Week in Review – Jan. 3-9, 2015

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For Sale and SoldThe frigid air mass that blanketed most of the nation this week didn’t spare our little sliver of paradise here along the coast, but cold as we were, at least our skies were clear and bright and the only drifting white stuff was of the warm and sandy type along our beaches, and the only salting that of the rims of our glasses here in Margaritaville. Our inventory remained relatively unchanged, shedding just one, closing the week at 248, with 81 homes and 167 lots listed for sale in the Cape San Blas, Indian Pass, and C-30 Corridor market. Rather than combing the windswept beaches for shells, visitors sifted through listings looking for bargains and came up with quite a nice bucketful of deals with one going to closing and six others signing new contractsSellers added two new listings to the mix and changed prices on nine others.

Cape San Blas Interior Lot Sold Jan 2015 for $29,000

Our one and only sale is an interior lot on Eastwind Drive in Paradise Bay, a subdivision just north of Cape Palms Park on the Cape. This little community spans from the bay to the gulf, and each property conveys with deeded access to both. The seller purchased this property in 2000 for $17,000, and sold it on Monday for full list price of $29,000 cash.

Cape San Blas Townhouse Under Contract Jan. 2015 with List Price of $249,000

We’ll begin our review of this week’s six new contracts on the north end of the Cape in Sea Cliffs, where this 4-bedroom, 4 1/2-bath, 1,944 square foot townhouse went under contract on Monday as a short sale with a list price of $249,000. The sellers bought it in early 2006 for $570,000, nearly double the $300,000 it sold for just five years prior in 2001.

Barrier Dunes Townhouse Under Contract Jan. 19, 2012 as Short Sale with List Price of $177,812

Just next door from Sea Cliffs in Barrier Dunes our second contract is on a 3-bedroom, 3-bath, 1,172 square foot bank-owned unit listed for $193,900 which the bank is selling at auction. The previous owners paid $370,000 for it in August 2004, even though it had sold just two months earlier in June for $207,000. If this one looks familiar it may be because over the past several years it has been under contract six times without ever making it to closing.

Cape San Blas Gulf Front RV Site Under Contract Jan. 2015 with List Price of $149,000

Down near the rocks at Stumphole is where we’ll find our third contract. It’s on a56′ wide gulf front lot outfitted for an RV with power, water and sewer all up and running. The owners bought it just last February for $80,000 and now have it under contract with an asking price of $149,000.

Cape San Blas Bank-Owned Lotin Jubilation Under Contract Jan. 2015 with List Price of $60,000

We’ll travel down to the south side of the Cape for our next two contracts, stopping first at Jubilation where this bank-owned gulf view lot went under contract on Thursday with a list price of $60,000. The previous owners bought the diminutive 50′ by 80′ lot in December 2004 for $435,000.

Cape San Blas Gulf Front Condo Under Contract Jan. 2015 with List Price of $274,000

There are only a few actual condos on the Cape and one of them is The Dunes Club, where we have this 3-bedroom, 2-bath, 1,176 square foot unit under contract with a list price of $274,000.  The sellers bought it for $551,700 in mid-2005.

Indian Pass Gulf Front Lot Under Contract Jan. 2015 with List Price of $425,000

We’ll leave the Cape for the first time today to visit our final new contract which is on this 101′ wide gulf front lot over on Indian Pass. This 1.55 acre beauty is listed for $425,000 which includes a vintage 3-bedroom mobile home circa 1990.

That does it for today. Property’s continuing to move at a brisk clip so if you’re thinking of selling give me a call – I’d love to be your listing agent and put you together with my readers who are calling in search of coastal properties. Call or text me on my cell at 850-227-5197 or shoot an email to Sherri@SherriDodsworth.com.  In most of the country it’s too cold to be outside this weekend anyway, so let’s get together and talk real estate. Bundle up and stay warm – and thanks so much for stopping by.

Salted San Blas Margaritas

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Jan 03 2015

Cape San Blas Real Estate Week in Review – Dec. 27-Jan. 2, 2015

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For Sale and SoldHappy New Year!  I hope your holidays were filled with fun and are now the stuff of fond memories.  I had a wonderful time here on the Cape celebrating with friends and neighbors, but am glad to see the new year begin and anxious to get back underway with the normal routine.  Our inventory fell more dramatically than the ball in Times Square, dropping a total of 23 listings or over 8%, to close the year at 249, with 84 homes and 165 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor market.  The end of the year saw a little flurry of activity, as we closed four sales and wrote up two new contracts, added one new listing, and changed prices on six others.

Cape San Blas Barrier Dunes Townhouse Under Contract November 2014 with List Price of $239,000

The first of our four sales is in Barrier Dunes where new owners closed on this 3-bedroom, 3-bath, 1,377 square foot interior townhouse listed for $239,000. The sellers bought it from the developer in 2002 for $198,200, which in inflation-adjusted dollars is the equivalent to $258,945 today. They turned over the keys on Wednesday to the proud new owners for $225,000.

Cape San Blas Gulf Front Home Under Contract DEcember 2014 with List Price of $699,000

We’ll head south on the Cape about three miles for our second sale, a 4-bedroom, 3 1/2-bath, 1,904 square foot gulf front home on Sugar Loaf Lane, a little bit north of Scallop Cove.  It is situated on a 50′ wide lot and has an in-ground pool overlooking the gulf. The seller listed it a little over a month ago for $699,000, and sold it on Monday for $655,000.

Cape San Blas Gulf Front Home Under Contract October 2014 with List Price of $699,000

Next up is is a 3,666 square foot, 5-bedroom, 4 1/2-bath gulf front home in Cape Isle Preserve down near the rocks at Stumphole.  It went under contract in late October with a list price of $699,000; in 2004 the lot alone sold for $650,000.  On Monday it closed for $625,000.

Treasure Shores Gulf Front Lot Under Contract December 2014 with List Price of $299,000

Our fourth and final sale takes us out along the C-30 Corridor heading east towards the Indian Pass Raw Bar to Treasure Shores where we have a 75′ wide by 320′ deep gulf front half-acre lot listed for $299,000. It last sold last sold for $580,000 in mid-2009.  The lot has an aeration septic system, power, and community water tap in place, and the covenants allow for an RV to park for 30 calendar days each year.  It went under contract December 1st with a list price of $299,000 and closed on the 30th for $275,000.

Gulf Pines Gulf Front Home Under Contract January 2015 with List Price of $599,000

Neither of our two new contracts are on the Cape. The first is a circa 1982 3-bedroom, 3-bath, 1,222 square foot beach cottage nestled on a 100′ wide gulf front lot in Gulf Pines listed for $599,000. The sellers bought the home in early 2008 for $580,000.  Gulf Pines is a FEMA flood insurance eligible area.

Indian Pass Beach Cottage Under Contract January 2015 with List Pirce of $299,000

Our other sale is out on Palm Avenue in Indian Pass where we have this fun and funky little 2-bedroom, 2-bath, 1,168 square foot beach retreat built in 1987 listed for $299,000. With decks galore, you can keep the party outside at this little cutie, and her upper decks offer great gulf views.

And that does it for our first wrap-up for 2015.  Let’s make it a great year. If one of your resolutions is to either buy or sell property, let me know and I’ll do all I can to help you realize those  goals. Call or text me at 850-227-5197 or email to sherri@sherridodsworth.com and we’ll get the ball rolling.  Thanks so much for taking time to stop by today and I hope to see you back soon.

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Dec 27 2014

Cape San Blas Real Estate Week in Review – Dec. 20-26, 2014

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For Sale and SoldSanta visited the Forgotten Coast while making his rounds this week and brought two lucky people a place to call their own at the beach. One bargain hunter wrote up a contractfive owners listed their properties while five others opted for price changes. Our inventory inched up by four, closing the week at 272, with 91 homes and 181 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor market.

Cape San Blas Barrier Dunes Townhouse Under Contract July 2014 with List Price of $199,000

The first of our two sales has us beginning as we so often do on the north end of the Cape in Barrier Dunes where this 3-bedroom, 3-bath, 1,344 square foot townhouse went under contract back in July as a short sale with a list price of $199,000. The sellers bought it in early 2002 for $179,900 and fixed it up turning it into a decent rental property. The lender finally approved the sale and closed this week for $190,000 cash.

Gulf Front Lot Near Cape San Blas Sold Dec. 2014 for $217,500

For our second sale, we’ll travel east along C-30 towards Indian Pass Raw Bar where about half a mile  past Cape San Blas Road on the right side of the road is a little subdivision called Indian Palms.  Last month buyers stroked a deal on a50′ wide, half-acre gulf front lot listed for $217,500. The MLS notes don’t indicate it as being a short sale even though according to county records the sellers paid $680,000 for it in the summer of 2004. This property is also in a FEMA-eligible area, and there should be ample room for the new owners to build their home entirely within an X-zone. On Monday it closed for full list price.

Cape San Blas Gulf Front Lot Under Contract December 2014 with LIst Price of $285,000

We’ll head down to the south side of the Cape for our one new contract which is on  a 50′ wide by 1,138′, 1.3-acre gulf front lot with an asking price of $285,000 .  The sellers bought it in October 2012 for $215,000.

With that, we’ll bring the year to a close. I wish you and your loved ones good health and happiness in the New Year, and I want to thank all of you I’ve worked with, met with and talked with this past year who have helped to make 2014 such a memorable one for me. Have a safe holiday and thanks so much for taking time during this busy season to stop by. See ya next year!

 

 

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Dec 20 2014

Cape San Blas Real Estate Week in Review – Dec. 13-19, 2014

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For Sale and Sold Wrapping presents and holiday parties apparently filled most peoples’ schedules this week as real estate was relatively quiet, though we did manage to close one sale, add three new contracts and six new listings. but no price changes. Our inventory grew by two, ending the week at 268 with 88 homes and 180 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor markets.

Cape San Blas Gulf Front Lot Under Contract April 2014 with List Price of $279,000

Our solo sale is on the north end of the Cape in Sunset Pointe  where we have a 78′ wide gulf front lot under contract since early April as a short sale with a list price of $279,000.  The sellers paid $826,000 for it in early 2003, and now, after eight months of waiting for bank approval of the sale, the parties finally went to closing on Monday with a sale price of $326,500, 17% above list.

Cape San Blas Gulf View Lot Under Contract ecember 2014 with List Price of $88,500

We’ll begin our review of this week’s three new contracts with this 107′ by 102′, quarter-acre, gulf view “X” zone lot listed for $88,500.  It’s located on Seahorse Lane in Feather Sound, one of the early subdivisions on the Cape. There are no HOA fees, and all of the properties include deeded gulf access. The sellers bought it back in 1997 for $19,000. They’re including a sewer tap in the purchase price.

Cape San Blas Gulf Front Townhouse Under Contract December 2014 with List Price of $259,900

About half a mile further our second contract is on a circa 1986 2-bedroom, 2 1/2-bath, 1,120 square-foot unit  in Cape Shoals, a complex adjacent to the north side of Cape Palms Park.   The sellers have owned it since mid-2001 when they purchased it for $190,000 and put  it under contract Friday with a list price of $259,900.

Bank-Owned Gulf Front Home in Gulf Pines Under Contract December 2014 with List Price of $424,900

Our third and final contract takes us off the Cape and over to Gulf Pines where this bank-owned 3-bedroom, 2-bath, 2,050 square foot gulf front home went under contract on Monday with a list price of $424,900.  Built in 1986, it is in need of some TLC and updating, and is being sold As Is.

Only five more shopping days ’til Christmas, so if you have coastal paradise properties on your gift list be sure to get in touch with me pronto. Call or text me at 850-227-5197, or send an email to sherri@sherridodsworth.com. In all the hustle and bustle this week, with last minute shopping, decorating and wrapping gifts, be sure to take time to take note of the gifts you already have: your family, pets, and friends, and give them the gift of letting them know just how much they mean to you. Have fun, keep warm, and thanks so much for stopping by today

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Dec 13 2014

Cape San Blas Real Estate Week in Review – Dec. 6-12, 2014

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For Sale and SoldOnly 11 shopping days ’til Christmas and apparently buyers were busy shopping online or in the malls because there wasn’t much activity here at the beach. Buyers wrapped up three sales and wrote just one new contract; sellers added nine new listings, and changed prices on two others. Our inventory swelled by five, ending the week at 266, with 85 houses and 181 lots as active MLS listings in the Cape San Blas, Indian Pass and C-30 Corridor market.

Cape San Blas Gulf View Home Under Contract Oct. 2014 wth List Price of $299,000

The first of our three sales is in Barefoot Trace, a casual little beach community a couple hundred feet north of Scallop Cove. This 2-bedroom, 2-bath duplex is a rarity on the Cape: a home with transferable FEMA flood insurance. This is because the building permit was pulled before the CBRA designation went into effect. The sellers bought it in mid-2003 for $252,900 and have done an impressive renovation throughout. They went under contract in late October with a list price of $299,000, and turned over the keys to the happy new owners on Monday for $278,000.

Cape San Blas Gulf Front Lot Under Contract November 2014 with List Price of $249,000

We’ll travel down to the south side of the Cape for our second sale, a lovely half-acre gulf front lot on Louisiana Lane with 50′ on the beach front listed for $249,000. The sellers bought it in early 2011 for $185,000. Prior to that it had sold in 2004 for  $625,000 after having sold just seven months earlier for $487,500. They had it listed for $249,900 and signed over the title on Thursday for $241,000.

Bay View Lot in South Gulf County Under Contract November 2014 with List Price of $45,500

Our third and final sale takes us out along the C-30 Corridor to this half-acre bay view lot in Treasure Bay listed for $45,500. This 103′ by 217′ lot is cleared and in a FEMA eligible area.  It has been in the family of the seller since 1993, when they bought it for $8,400; they sold it on Tuesday for $25,000.

Cape San Blas Gulf Front Home Under Contract DEcember 2014 with List Price of $699,000

Our lone new contract is on a 4-bedroom, 3 1/2-bath, 1,904 square foot gulf front home on Sugar Loaf Lane, a little bit north of Scallop Cove.  It is situated on a 50′ wide lot and has an in-ground pool overlooking the gulf. The seller listed it last month for $699,000.

Christmas is close, so if f you have coastal paradise properties on your shopping list be sure to get in touch with me this week. Call or text me at 850-227-5197, or send me an email to sherri@sherridodsworth.com. In all the hustle and bustle this week, with last minute shopping, decorating and wrapping gifts, be sure to take time to take note of the gifts you already have, your family, pets, and friends, and give them the gift of letting them know just how much they mean to you. Have fun, keep warm, and thanks so much for stopping by today.

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Dec 06 2014

Cape San Blas Real Estate Week in Review – Nov. 29-Dec. 5, 2014

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For Sale and SoldI guess everyone’s been shopping for Christmas gifts rather than real estate as we had one of the quietest weeks I can remember in a very long time, with no closings and only two new contracts. Sellers added three new listings and changed prices on three others.  Our inventory managed to melt a few away closing the week at 261, with 83 homes and 178 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor market MLS.

Bank-Owned Barrier Dunes Gulf Front Unit Under Contract Dec. 2014 with Auction Offering Price of $219,000

The first of our two new contracts is on a bank-owned gulf front Barrier Dunes townhouse that went up for auction bidding between November 29 and December 3.   This 2-bedroom, 2 1/2 bath townhouse appears to be in good repair on the inside but the spacious decks overlooking the gulf are in serious need of repair and/or replacement according to an inspection report. The list price was $219,600, and the winning bid went to $378,500.  The last time it sold in early 2006 it went for $580,000.

Treasure Shores Gulf Front Lot Under Contract December 2014 with List Price of $299,000

Our other contract takes us out along the C-30 Corridor heading east towards the Indian Pass Bar to Treasure Shores where we have a 75′ wide by 320′ deep gulf front half-acre lot listed for $299,000. Ironically, this property also last sold for $580,000 but in mid-2009.  The lot has an aeration septic system, power, and community water tap in place, and the covenants allow for an RV to park for 30 calendar days each year.  The sellers have it under contract with a list price of $299,000.

And just like that we’re all wrapped up.  If you’re interested in making a quick cash purchase before the end of the year there’s still time but we’ll need to move quickly so let me know ASAP and we’ll get started. Call or text me at 850-227-5197 or shoot me an email to sherri@sherridodsworth.com . Have a great week, and thanks so much for taking time out of your hectic holiday schedule to stop by today.

 

 

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Nov 28 2014

Cape San Blas Real Estate Week in Review – Nov. 22-28, 2014

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For Sale and SoldI hope you had a terrific Thanksgiving with family and friends. It was a gorgeous day here on the Cape, cool, sunny and clear. Lots of people here for the holiday, with this traditionally being when our many absentee owners who rent their homes block this week out for them and their families to use. Even with travel, turkey, football and fishing on visitors’ minds, we still managed to carve out three sales and serve up two new contracts, one price change, and three new listings. Accordingly, virtually no change in our inventory, adding only one to close at 263, ending the week with 85 homes and 178 lots listed for sale in the Cape San Blas, Indian Summer, and the C-30 Corridor market.

Bank-Owned Cape San Blas Bay Front 9.5 Acre Plot Under Contract September 2014 with List Price of $998,000

The first of our three sales is an absolute gem of a property, a 9 1/2-acre bay front parcel with 830′ of waterfront. Overlooking St. Joe Bay is this impressive 8-bedroom, 6 1/2-bath, 5,144 square foot fixer-upper of a home.   This bank-owned stunner went under contract on the 6th of November with a list price of $998,000, and closed on Tuesday for $817,000 cash.

Cape San Blas Gulf View Cottage Under Contract Nov. 2014 with List Price of $279,000

Less than two miles further south on Cape San Blas Road, our second sale is a 2-bedroom, 2-bath, 780 square foot gulf view beach cottage that was listed for $279,000. It’s located in Turtle Dunes which features deeded gulf access for owners and a community pool.  The cottage was built back in 1991 and the sellers picked it up in late 2003 for $275,000. On Wednesday the new owners picked up the keys at closing for $259,00 cash.

Indian Summer First Tier Lot Under Contract October 2014 as Short Sale with List Price of $69,000

Our third and final sale is in idyllic Indian Summer at Indian Pass. It’s a short sale first tier lot measuring 68′ by 170′ listed for $69,000. The sellers bought it in late 2004 for $415,000.   This is such a pretty and peaceful little subdivision tucked away off the curve at Indian Pass Road.  On Wednesday my savvy buyer took title to this gem for $62,450 cash.

Cape San Blas Barrier Dunes Townhouse Under Contract November 2014 with List Price of $239,000

All of our action this week was on the Cape, all three sales and both contracts, the first one of which is in Barrier Dunes where buyers penned a contract on this 3-bedroom, 3-bath, 1,377 square foot interior townhouse listed for $239,000. The sellers bought it from the developer when it was built in 2002 for $198,200, which in inflation-adjusted dollars is the equivalent to $258,945 today.

Cape San Blas Gulf Front Lot Under Contract November 2014 with List Price of $249,000

We’ll travel down to the south side of the Cape for our other sale, a lovely half-acre gulf front lot with 50′ on the beach front listed for $249,000. The sellers bought it in early 2011 for $185,000. Prior to that it had sold in 2004 for  $625,000 after having sold just seven months earlier for $487,500.

That does it for this week. Since this weekend officially kicks off the Christmas shopping season, if you’re considering a place at the beach for that special someone on your list, by all means let me know and I’ll gladly play the part of Santa’s helper to help you find it. You can call or text me at 850-227-5197 or email to sherri@sherridodsworth. Have a great week, don’t overdo it on those leftovers, and thanks so much for stopping by today.

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Nov 22 2014

Cape San Blas Real Estate Week in Review – Nov. 15-21, 2014

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For Sale and Sold     The week before the season’s busiest travel week was slow but steady as we closed three sales and wrote up two new contractsSellers listed three new properties and changed prices on four others. Our inventory remains unchanged from last week, closing once again at 262, with 83 homes and 179 lots listed for sale in the MLS in the Cape San Blas, Indian Pass and C-30 Corridor markets. Let’s see what’s selling.

Cape San Blas Interior Lot in Sunset Pointe Sold November 2014 for $34,000

We’ll start our review of this week’s three sales way up on the north end of the Cape in Sunset Pointe where we had a quarter-acre interior lot on Hemmingway sold by the developer for $34,000 cash. The property wasn’t listed when the buyer’s agent wrote up the offer; they contacted the owner/developer, agreed to his terms, and off they went to closing on Tuesday. Sunset Pointe is a gated community with a pool and walkovers to the beach.

Bank Owned Interior Lot at Cape San Blas Under Contract October 2014 with List Price of $37,900

Our second sale is in nearby Barrier Dunes where we have a bank-owned 37′ by 41′ interior lot on Lakeshore Drive under contract since early October with a list price of $37,900.   Though known primarily for its popular townhomes, Barrier Dunes also has a section set aside for single family dwellings. The seller signed over the title on Thursday in exchange for $35,000 cash.

Cape San Blas Spec House Under Contract July 2014 with List Price of $389,000

Our third and final sale is on the corner of Cape San Blas Road across the street from the gulf side pool at Ovation; it’s new construction of a 3-bedroom, 3-bath, 1,920 square foot home for which the builder, Big Fish Construction listed for $389,000.  The company bought the lot in September 2013 for $72,500, and sold the package deal for $385,000.

Bay View Lot in South Gulf County Under Contract November 2014 with List Price of $45,500

Buyers were shopping off the Cape this week, writing up offers on two lots out along the C-30 Corridor, beginning with this half-acre bay view lot in Treasure Bay. This 103′ by 217′ lot is cleared and in a FEMA eligible area.  It has been in the family of the seller since 1993, when they bought it for $8,400.

Gulf Front Lot Near Cape San Blas Under Contract November 2014 with List Price of $217,500

For our second contract, we’ll travel east along C-30 towards Indian Pass Raw Bar where about half a mile  past Cape San Blas Road on the right side of the road is a little subdivision called Indian Palms.  Buyers stroked a deal on a50′ wide, half-acre gulf front lot listed for $217,500. The MLS notes don’t indicate it as being a short sale even though according to county records the sellers paid $680,000 for it in the summer of 2004. This property is also in a FEMA-eligible area, and there should be ample room for the new owners to build their home entirely within an X-zone.

Our forecast for Thanksgiving weekend is for clear skies and plenty of sunshine with daytime temps in the 60’s, so it looks like after some rain this weekend, we have a gorgeous week shaping up. I hope you have a warm and wonderful holiday with family and friends. If you’ve been thinking of gobbling up some great real estate opportunities along the Forgotten Coast, I can dish them up. Call or text me at 850-227-5197, or email to sherri@sherridodsworth.com. Thanks so much for taking time out to stop by today.

 

 

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