Dec 15 2017

Cape San Blas Real Estate Week in Review – Dec. 9-15, 2017

Published by under Cape San Blas

For Sale Sold SignReal estate shoppers had the Christmas shopping spirit and shopped ’til they dropped this week here along the coast, turning in an impressive return with two sales and five new contracts. Sellers listed eight new properties and changed prices on three others. All those new contracts helped to whittle our inventory back down by two, closing at 282, with 81 homes and 201 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor MLS market. We’ve got a fair amount of territory to cover today, so let’s get rolling.

Barrier Dunes Townhouse Under Contract Nov. 2017 w List Price of $259,000

Once again we’ll begin our review where we so often do up in Barrier Dunes on the north end of the Cape. The first of our two sales is near the back of the community on Parkside Circle, where buyers decided this 2-bedroom, 2 1/2-bath, 1,377 square foot townhome with a loft sleeping space was just what they were looking for and put in an offer on it the first week of November which was accepted.  The circa-2005 home has had a number of upgrades, including a new roof, and is listed for $259,000. The sellers bought it in the summer of 2011 for $145,000 and handed over the keys to the new owners on Friday for $240,000.

Our second sale is in Waters Edge, the first subdivision you come to on the left side of C-30 after leaving the Cape heading in the direction of Indian Pass Raw Bar. Here buyers had their offer accepted on this irregularly-shaped, 0.29-acre interior lot listed for $39,000. It   According to the property appraiser’s website it sold in 2005 for $245,000, and this year in May today’s sellers picked it up as a bank-owned sale for $26,000.  The sold it on Wednesday for $32,500 cash.

Barrier Dunes Townhouse Under Contract December 2017 with List Price of $265,000

We’re back at Barrier Dunes for the first of this week’s five new contracts, kicking off with this 2-bedroom, 2-bath, 1,216 square foot town house on Barrier Dunes Drive which was just what some buyers were looking for.  The seller bought the circa-2003 end-unit in 2006 for $300,000, and has it listed for $265,000.

Cape San Blas Interior House Under Contract December 2017 with List Price of $349,000

About a half mile south of Barrier Dunes is Peninsula Estates, one of the earliest subdivisions on the Cape. It spans from the gulf to the bay and all lots convey with deeded access to both.  There is no HOA or HOA fees.  On the bay side of the neighborhood, buyers had their offer accepted on this 3-bedroom, 2 1/2-bath, 1,642 square foot house listed for $349,000. It was built in 2002 and has changed hands several times since then, selling in the summer of 2004 for $375,000 and then again in 2009 for $245,000.

Gulf Front Home on C-30 Corridor Under Contract December 2017 with List Price of $899,000

We’ll leave the Cape and head east on C-30 in the direction of the Indian Pass Raw Bar,  to a house located on a 50′ gulf front lot just before you get to Gulf Pines Drive. (For those not familiar with the area, that’s roughly a half mile from Cape San Blas Road).  Sellers accepted an offer on their 5-bedroom, 4-1/2-bath, 3,348 square foot waterfront home with an asking price of $899,000.  The lot it’s on is a little over half an acre.  It was built in 2008 as a spec home but went into foreclosure; the current owners acquired it in a bank sale in mid-2011 for $539,000.

Gulf View Lot on C-30 Under Contract December 2017 with List Price of $49,900

Moving further east along C-30, our fourth contract is on a 50′ by 391′, 0.44 acre, second tier gulf view lot in Treasure Shores First Addition listed for $49,900.  I found no significant sales data in the gulf county records.

Country Home on C-30 Under Contract December 2017 with List Price of $345,000

Our fifth and final contract takes us a mile or so further east on C-30 to this lovely country setting to this 3-bedroom, 3-1/2-bath, 2,000 square foot home listed for $345,000. The home was built in 2000 on a 200′ by 200′, 0.92-acre lot. The sellers bought the home in mid-2002 for $195,000.

I’m staying in the area for the holidays, so if you have coastal paradise properties on your shopping list be sure to get in touch with me. Call or text me at 850-227-5197, or shoot 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 08 2017

Cape San Blas Real Estate Review – Dec. 2-8, 2017

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For Sale Sold SignWe’ve had our first wintry week with chilly weather, winds blowing cold air out of the north, gray skies and lots of much needed liquid sunshine.  Instead of going to the beach, folks went shopping for real estate, with one of them going to closing, and six others writing up new contracts.  Sellers put four new properties up for sale, and lowered prices on four others.  We trimmed five from our inventory, closing the week at 284, with 84 homes and an even 200 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor MLS market.

Gulf View First Tier Lot Under Contract November 2017 with List Price of $158,500

Now for our one and only sale. When you turn right off of Cape San Blas Road, the first subdivsion you come to on the gulf side of the road is Curve at the Cape, which is where the parties went to closing on this 56′ wide by 187′ deep, quarter-acre, first tier lot listed for $158,500.   It is in an AE flood zone.  The sellers bought it in 2002 for $150,000, and sold it on Thursday for $142,000.

Gulf View Barrier Dunes Townhouse Under Contract Dec. 2017 with LIst Price of $275,000

We’ll begin our review of this week’s six new contracts where we so often do up in Barrier Dunes on the north end of the Cape where buyers had their offer accepted on this 2-bedroom, 2-bath, 1,216 square-foot, gulf view townhouse listed for $275,000. This unit has a straight on view of the gulf across the green in front of it.  It’s in a VE flood zone so insurance will likely be a bit pricey.  The last time this one went to the closing table was in 2002 when it sold for $235,000.

Our second new contract is in Waters Edge, the first subdivision you come to on the left side of C-30 after you leave the Cape heading in the direction of Indian Pass Raw Bar. Here buyers had their offer accepted on this irregularly-shaped, 0.29-acre interior lot listed for $39,000. It sold earlier this year in May as a bank-owned sale for $26,000.  According to the property appraiser’s website back in 2005 it went for $245,000.

Money Bayou Gulf View Home Under Contract Dec. 2017 with List Price of $289,00

About a mile or so east of Water’s Edge is Money Bayou, home to or third contract.  Buyers fell in love with this 2-bedroom, 2 1/2-bath, 1,320 square-foot Key West Cutie. It’s a second tier property so there’s a great gulf view.  The sellers bought it in late 2003 for $312,5000, and have it listed for $289,000.

Bank-Owned Lagoon Front Lot Under Contract September 2017 with List Price of $24,500

Contract number four is out on C-30 shortly past the Indian Pass Raw Bar. Buyers had their offer accepted on a 155′ by 465′, 1.69 acre, lagoon front, bank-owned lot listed for $24,500.  The county records show it last changed hands privately in May of 2008 when it was quit-claimed for $45,000. The bank acquired it in late 2014.  If it looks a bit familiar, it was under contract briefly back in late September.

Indian Pass Gulf Front 3 Acre Tract Under Contract Dec 2017 with List Price of $610,000

Our final two new contracts are over on Indian Pass, starting with this 3+ acre tract with 130′ of waterfront and an average depth of 1077 feet. The seller has owned it for quite some time, so there’s no meaningful sales history available. This parcel was originally part of a larger parcel from which he sub-divided a 75′ wide lot that sold in mid-2001 for $375,000. He has the 3 acres under contract with a list price of $610,000.

1903 Indian Pass Home Under Conract Dec 2017 with List Price of $999,000

And finally our last contract is on a unique property out on Indian Pass that I just absolutely love. This circa 1903 Key West style 3 bedroom, 3 1/2-bath, 2,638 square foot historic home was relocated onto a 92′ wide gulf front lot and has been carefully restored. It has heart pine floors throughout, original stained glass windows adjustable transom windows, and 12’6″ ceilings. The custom designed gourmet kitchen features floor to ceiling cabinets, top of the line stainless steel appliances, granite countertops and a ceramic apron farm sink. The home has six fireplaces, including one in the kitchen and the master bathroom. Custom Bahama shutters cover most of the windows. It has over 1,000 square feet of screened porches and a 6′ x 11′ tiled chlorine-free spa pool. The lot is over an acre in size and has been professionally landscaped with native vegetation.  The owners bought it in September 2014 for $640,000; in early 2004 it sold for $1.65M. The sellers have it listed for $999,000 and accepted an offer for it on Wednesday.

I am so glad to see an uptick in activity after a string of fairly slow weeks.  I hope it continues.  Have had several conversations with investors in the past month or so who were all of the opinion that uncertainty over the proposed tax reform bill may have been a contributing factor to the seeming slow down in investment real estate activity we’ve been seeing in our local market.  I guess we’ll soon be able to judge that theory as the House and Senate bills work their way toward the president’s desk over the next couple of weeks.  If you need to move cash assets into real estate before the end of the year there is still time to do so but we need to get started, so call or text me at 850-227-5197 or shoot me an email to sherri@sherridodsworth.com. Have a terrific week and thanks so much for taking time to stop by today.

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Dec 01 2017

Cape San Blas Real Estate Week in Review – Nov. 25-Dec.1, 2017

Published by under Cape San Blas

For Sale Sold SignAnother quiet week around here, with only two sales and one new contract. In other activity, we listed two properties and changed six list prices. Our inventory shed five, closing the week at 289, with 85 homes and 204 lots listed for sale in the Cape San Blas, Indian Pass, and the C-30 Corridor market.

Cape San Blas Gulf View Cottage Under Contract November 2017 with List Price of $199,000

The first of our two sales is down behind the Trading Post on Jamaica Drive where the parties went to closing on this cute little gulf view beach cottage listed for $199,000.  It is one of a cluster of similar cottages built in the mid 80’s.  The sellers bought it in 2004 for $155,000, and sold it last Wednesday for $185,000.

Indian Pass Lot Under Contract November 2017 with List Price of $90,000

We’ll travel over to Indian Pass for our second sale which is on Seminole Street in Indian Pass Beach subdivision.  This little neighborhood was platted and recorded in the 50’s and is grandfathered for FEMA flood insurance eligibility. The sellers bought the 75′ by 105′, 0.18-acre lot in early 2002 for $70,000, had it listed for $90,000, and sold it on Friday for $90,000.

Indian Summer First Tier Lot Under Contract December 2017 with List Price of $65,000

Our one and only new contract is on this first tier lot in the secluded neighborhood of Indian Summer over on Indian Pass.

That’s a wrap for this week. Quick as a flash, we’re done. If you have any questions about what other values may be found here at the beach, just let me know; I’ll be glad to help you with your search. Call or text me at 850-227-5197 or send an email to sherri@sherridodsworth.com . Thanks for checking in today, and I hope to hear from you soon.

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Nov 24 2017

Cape San Blas Real Estate Week in Review – Nov. 18-24, 2017

Published by under Cape San Blas

For Sale Sold SignI 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.  Savoring the sunshine, surf, turkey and trimmings trumped real estate shopping resulting in a week with just three closings and four new listings, but no new contracts or price changes. Our inventory swelled by three, closing the week at 294, with 84 homes and 210 lots listed for sale in the Cape San Blas, Indian Summer, and the C-30 Corridor market.

Barrier Dunes Townhouse Under Contract October 2017 with List Price of $215,000

We begin our review of this week’s three sales on the north end of the Cape in Barrier Dunes Drive where this 2-bedroom, 2 1/2-bath, 1,593 square foot home was under contract with a list price of $215,000. The sellers bought the circa 1985 home in the summer of 2013 for $235,000, and sold it “As Is” on Tuesday for $206,000.

Cape San Blas Interior Corner Lot Under Contract October 2017 with List Price of $55,000

Sale number two takes us down to the south side of the Cape to the corner of Pluto Drive and Cape San Blas Road where this 93′ by 122′ quarter-acre lot last sold at the height of the market in the summer of 2004 for $207,000.  As was not unusual during that period, the same lot had sold just four years prior for $19,800.  It went under contract in mid-October with a list price of $55,00, and sold last Friday for $47,000.  The MLS info was posted several days after the fact.,

Gulf Front Twin Homes Under Contract August 2017 with List Price of $799,000

We’ll leave the Cape and travel east along C-30 to Gulf Pines, home to our final sale, which is this unique gulf front property with two houses that share a common deck. Each is about 1,650 square feet and between them have a total of six bedrooms and four baths. The circa 1983 homes last sold in September 2014 for $512,500. Since then the new owners have been busy doing serious upgrades and renovations, including new furnishings, new flooring, new appliances, counter tops and fixtures, and fresh paint throughout. Outside, they added a new walkover the to beach, of which 100′ fronts this popular vacation rental. It was listed for $799,000 and closed on Monday for $780,000.

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 17 2017

Cape San Blas Real Estate Week in Review – Nov. 11-17, 2017

Published by under Cape San Blas

For Sale Sold SignEven though people may have had shopping for turkey and trimmings on their minds this week they nonetheless took time out to shop for real estate. We closed three sales and wrote up four new contracts. Sellers added eight new listings, and changed price tags on nine others. With all those new listings and so few new contracts, our inventory swelled by five, closing the week at  291, with 80 homes and 211 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor market.

Cape San Blas Gulf Side Lot Under Contract Sep. 2017 with List Price of $499,000

The first of our three sales is on the north end of the Cape on Bamba Lane just a bit south of Coneheads Restaurant.  The parties went to closing on a newly built 3-bedroom, 2 1/2-bath, 1,739 square-foot home listed for $499,000. The sellers bought the quarter-acre X zone lot on which it is situated in May 2016 for $120,000.  The new owners took possession on Tuesday for $475,000.

Cape San Blas Gulf View Lot in Southbeach Under Contract October 2017 with List Price of $99,900

Sale number two is this 0.21 acre lot in the gated Southbeach subdivision on the south side of the Cape. The irregularly shaped second tier gulf view lot is listed for $99,900, and last sold in August 2011 for $42,500.   The seller signed over the title on Tuesday for $80,000 cash.

Lagoon Front Lot Under Contract October 2017 with List Price of $49,900

For our third sale we’ll leave the Cape and head east on C-30 out past the Indian Pass Raw Bar to this 100′ by 316′, three-quarter-acre lagoon front lot listed for $49,900.  The seller bought it in 2003 for $106,000, and sold it this week for $47,500.

Cape Dunes Gulf View Home Under Contract November 2017 with List Price of $539,000

Now on to our four new contracts, kicking off on the south side of the Cape at Cape Dunes where buyers had their offer accepted on this 4-bedroom, 4-bath, 2,324 gulf view home listed for $539,000. The sellers bought the home new in 1986 for $84,000.  FEMA federal flood insurance is grandfathered-in for this property.

Gulf View First Tier Lot Under Contract November 2017 with List Price of $158,500

When you turn right off of Cape San Blas Road, the first subdivsion you come to on the gulf side of the road is Curve at the Cape, which is where buyers had their offer accepted on this 56′ wide by 187′ deep, quarter-acre, first tier lot listed for $158,500.   The lot is situated in an AE flood zone, and last sold in 2002 for $150,000.

Treasure Shores 2nd Tier Gulf View Lot Under Contract November 2017 with List Price of $69,000

Heading further east along C-30 we come to Treasure Shores, site of our third contract. On Thursday sellers accepted an offer on their 100′ by 352′, 0.82 acre second tier gulf view lot.  They bought it in early 2002 for $70,000 and have it listed for $90,000. The property is FEMA eligible, and includes deeded gulf access.

Indian Pass Lot Under Contract November 2017 with List Price of $90,000

We’ll travel over to Indian Pass for our fourth and final new contract which is on Seminole Street in Indian Pass Beach subdivision.  This little neighborhood was platted and recorded in the 50’s and is grandfathered for FEMA flood insurance eligibility. The sellers bought the 75′ by 105′, 0.18-acre lot in early 2002 for $70,000 and have it listed for $90,000.

Our beautiful mild Autumn weather continues as our forecast through Thanksgiving weekend is for clear skies and plenty of sunshine with daytime temps in the high 60’s, so it looks like 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 shoot me an email to sherri@sherridodsworth.com. Thanks so much for taking time out to stop by today.

 

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Nov 10 2017

Cape San Blas Real Estate Week in Review – Nov. 4-10, 2017

Published by under Cape San Blas

For Sale Sold SignWhat a beautiful autumn week we’ve had on the Cape.  Cooler days, crystal clear skies, and chamber of commerce perfectly calm emerald-green gulf waters.  It was enough to entice a number of people to claim a piece of this paradise for their own, as we had two sales and four new contracts.  Sellers added eight new listings, and changed prices on four others.  Our inventory grew by three, closing the week at 286, with 80 homes and 206 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor market MLS.  Let’s see what caught peoples’ interest.

Ovation Interior Lot Sold November 2017 for $42,500

The first of our two sales is an irregularly shaped, 0.16-acre interior X-zone lot on the bay side of Ovation listed for $44,000. Ovation is a gated community with a gulf side pool, a beautiful infinity pool overlooking the bay, 2 docks, a fitness center, club house with a social room, and deeded gulf and bay access.  The sellers bought it in 2010 for $50,000 and let it go on Monday for $42,500.

Cape San Blas Gulf Front Home Under Contract July 2017 with List Price of $899,000

Sale number two is down on the south side of the Cape in Lantana by the Sea, where the parties closed on this 4-bedroom, 3-bath, 2,200 square foot gulf front home listed for $899,000.  The real estate investment group owners bought the 42′ wide gulf front lot in 2013 for $70,000. On Wednesday they signed the title over to the new owners for $875,000.

Barrier Dunes Interior Townhouse Under Contract Nov. 2017 with List Price of $244,000

Now on to our four new contracts, the first two of which are on the north end of the Cape in Barrier Dunes, starting with this 3-bedroom, 3 1/2-bath, 1,377 square foot unit that backs up against the property line of Seacliffs.  When the sellers bought it in February 2016 for $157,000 it was a true fixer upper in need of a LOT of TLC.  They put in a long hours and hard work and transformed it into an absolutely beautiful and modern Cape retreat.  It’s hard to believe it’s the same place.  They accepted a contract on it this week with an asking price of $244,000.

Barrier Dunes Townhouse Under Contract Nov. 2017 w List Price of $259,000

On nearby Parkside Circle, buyers decided this 2-bedroom, 2 1/2-bath, 1,377 square foot townhome with a loft sleeping space was just what they were looking for and put in an offer on it which was accepted.  The circa-2005 home has had a number of upgrades, including a new roof, and is listed for $259,000.  It last sold in the summer of 2011 for $145,000.

Cape San Blas Gulf View Cottage Under Contract November 2017 with List Price of $199,000

Down behind the Trading Post on Jamaica Drive this third new contract is on a cute little gulf view beach cottage listed for $199,000.  It is one of cluster of similar cottages built in the mid 80’s.

Indian Pass Lagoon Front Lot Under Contract November 2017 with LIst Price of $55,000

We’ll wrap things up today over on Indian Pass with this lagoon front lot close to the campgrounds. It features 130 feet of waterfront, has a dock in place for water access, and is listed for $55,000. From the aerials, it does not appear to have enough uplands for a suitable home footprint. The sellers bought it in 1989 for $6,500.

Glad to see things picking up again.  This is such a beautiful time of year here, so if you’ve been thinking of looking for a piece of coastal paradise to call your own, it’s a perfect time to visit. I’d love to help you do just that, so please call or text me at 850-227-5197 or shoot me an email to sherri@sherridodsworth.com and we’ll get started.  Have a terrific week, and thanks so much for taking time to stop by today.

 

 

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Nov 04 2017

Cape San Blas Real Estate Week in Review – Oct. 28-Nov. 3, 2017

Published by under Cape San Blas

For Sale Sold SignHalloween goblins didn’t scare off our buyers this week as we closed five sales, and wrote up three new contracts. Sellers listed seven properties and changed the prices on nine others. Our inventory took a nice little dip, closing the week down by five at 283,  with 80 houses and 203 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor markets. Let’s see what kinds of treats our buyers and sellers found.

Cape San Blas First Tier Gulf View Home Under Contract July 20107 with List Price of $499,000

We’ll start our review of this week’s five sales towards the north end of the Cape in Peninsula Estates where last month a buyer had his offer accepted on this 3-bedroom, 2-bath, 1,388 square foot first tier gulf view home sporting a $499,000 price tag. If this looks familiar it may be because it was under contract once before back in July but subsequently fell out of contract. The circa-1995 vacation rental home is situated on a corner “X” zone lot, and features an in-ground pool. All of the properties in this neighborhood include deeded gulf and bay access. Peninsula Estates has recorded covenants, but no HOA nor HOA fees.  The sellers have owned the home for some time, purchasing it in 1998 for $174,000.  On Friday they turned over the keys at closing for $470,000 with the buyer concluding a 1031 tax deferred exchange.

Cape San Blas Gulf View Lot in Sand Trace Under Contract May 2017 with List Price of $189,000

Just about a half mile further south is a new 12-lot subdivision called Preserve at the Cape, where we’ve seen several sales recently. This week we have a 75′ by 112′, 0.19-acre 2nd tier lot that went under contract on all the way back in May with a list price of $189,000. According to the developer, when the project is complete, it will have a paved entry road, underground utilities and no HOA fees. The new owners finally took title on Wednesday for $170,000.

Cape San Blas Bay Front Lock with New Dock & Boat Lift Under Contract Sep. 2017 with List Price of $479,000

Sale number three is a 100′ by 965′, 2.2-acre by front lot listed for $479,000. The sellers bought the property in mid-2014 for $255,000. In 2016 they added a dock and boat lift and other improvements, all of which paid off on Thursday when they sold the property for $426,000.

Indian Pass Gulf Front Lot Under Contract Sep. 2017 with List Prie of $279,000

Our fourth sale is a gulf front lot on Indian Pass Road. We saw this property not too long ago when the seller bought the 100′ wide parent parcel in mid-June for $481,000. He did a minor re-plat shortly thereafter subdividing it into two 50′ lots . This was listed for $279,000 and sold it this week for $255,000.

Indian Pass Interior Lot Under Contract Sep. 2017 with List Price of $93,900

We’ll wrap things up for the week over on Neptune Drive further down Indian Pass Road  where buyers were happy to have their offer accepted at the end of September on this 106′ by 146′, 0.33-acre lot listed for $93,900.  I didn’t find any sales history on the property appraiser’s site for the property.  Neptune is located in Indian Pass Beach Subdivision, a little community platted and recorded in the early 1950’s. All of the lots here have deeded gulf and lagoon access and are grandfathered for FEMA flood insurance eligibility.  The new owners took title on Monday for $93,500.

Cape San Blas Fist Tier Cottage Under Contract November 2017 with List Price of $352,500

Now on to our three new contracts, starting with this 2-bedroom, 2-bath, 966 square foot first tier cottage overlooking the Gulf over White Sands Drive in San Blas Shores just north of Ovation.  The sellers bought it at the height of the market back in the summer of 2004 for for $386,000.

Cape San Blas Gulf Front Home Under Contract November 201 with List Price of $989,600

Contract number two is on a 3-bedroom, 3-bath, 1,834 square foot gulf front home listed for $989,600.  It’s located on Windward Street in Cape Breezes, one of the earliest subdivisions on Cape San Blas.  All of the properties in this neighborhood enjoy deeded gulf and bay access. There are recorded covenants and an architectural review board, but no HOA or HOA fees.   The sellers bough the vacant lot in 2013 for $340,000, and built the house in 2015.

Cape San Blas Gulf View Lot in Southbeach Under Contract October 2017 with List Price of $99,900

The last of our three new contracts is this 0.21 acre lot in the gated Southbeach subdivision on the south side of the Cape. The irregularly shaped second tier gulf view lot is listed for $99,900, and last sold in August 2011 for $42500.

So that means we’re officially wrapped up for the week then. I’m heading over to Apalachicola for the afternoon to enjoy the Florida Seafood Festival which as always should be a lot of fun, especially as nice as the weather is right now; warm, clear and breezy, with an afternoon forecast high of about 78. Planning on enjoying some great seafood and good times with old friends. If you’re in the area, hope to see you there. If you’re interested in info on joining us here on the coast as either a full-time or part-time “Caper”, give me a call or text me at 850-227-5197 or shoot an email to sherri@sherridodsworth.com . Looking forward to hearing from you. Have a great week and thanks so much for taking time to stop by this afternoon.

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Oct 27 2017

Cape San Blas Real Estate Week in Review – Oct. 21-27, 2017

Published by under Cape San Blas

For Sale Sold Sign   We’ve enjoyed a beautiful week of autumn weather and it apparently put a lot of folks in the mood for wanting a place of their own to stay her.  One buyer went to closing, and six others wrote up contracts.  Sellers added three new listings and made one price change.  Our inventory shed four, closing the week at 288, with 79 homes and 209 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor market.  Let’s see what’s moving.

 Gulf Front Home on C-30 Under Contract Sep 2017 with List Price of $425,000

Our lone sale is out along the C-30 Corridor between the Cape and Indian Pass. It is a 3-bedroom, 4-bath, 1,702 square foot gulf front home listed for $425,000 located in an 8-home cluster of homes known as Brighton by the Sea where owners enjoy great views of and easy access to the beach and a community pool. The sellers bought the home in the summer of 2001 for $394,000, and sold it on Monday for $395,000.

Barrier Dunes Townhouse Under Contract October 2017 with List Price of $275,000

The first two of our six new contracts are both interior townhouse units in Barrier Dunes, starting with this 3-bedroom, 3-bath, 1,377 square-foot home on Parkside listed for $275,000. It was built in 2005 and last sold for $210,000.

Barrier Dunes Townhouse Under Contract October 2017 with List Price of $215,000

The other townhouse is on Barrier Dunes Drive where buyers had their offer accepted on this 2-bedroom, 2 1/2-bath, 1,593 square foot home listed for $215,000. The sellers bought the circa 1985 home in the summer of 2013 for $235,000. They are selling it As Is.

Cape San Blas Bay Front Lot Under Contract October 2017 with List Price of $479,000

About three miles south on the Cape our third contract is on a 100′ by 965′, 2.2-acre bay front lot listed for $479,000. The sellers bought it in mid-2014 for $255,000 and have made a lot of improvements to the property since then. According to the MLS, these improvements include a brand new 460′ long, 4′ wide dock walkway just completed in 2016, along with a 13,000 lb automatic boat lift with pilings already installed for a second boat lift. Power and water have both been run from Cape San Blas Rd all the way to the bay front property, and to the end of the dock. There are also 3 sewer hookup lines already run on the property from Cape San Blas Rd.

Mobile Home at Cape San Blas Under Contract October 2017 with List Price of $199,000

Here’s a bit of a change of pace from what we typically see offered for sale on the Cape. Down behind the trading Post on Jamaica Drive we have a contract on a mobile home newly listed for $199,000. It is situated on a third of an acre lot measuring 102′ by 150′, and includes an RV hookup and pad.  The 448 square foot mobile home has a new HVAC system and gas range.  The seller bought the property in 2015 for $154,000.

Cape San Blas Interior Corner Lot Under Contract October 2017 with List Price of $55,000

We’ll travel on down to the south side of the Cape for our fourth contract which is on the corner of Pluto Drive and Cape San Blas Road.  The 93′ by 122′ quarter-acre lot last sold at the height of the market in the summer of 2004 for $207,000.  As was not unusual during that period, the same lot had sold just four years prior for $19,800.  It went under contract on Monday with a list price of $55,00.

Lagoon Front Lot Under Contract October 2017 with List Price of $49,900

For our sixth and final new contract we’ll leave the Cape heading east on C-30 out past the Indian Pass Raw Bar to this 100′ by 316′, three-quarter-acre lagoon front lot listed for $49,900.  The seller bought it in 2003 for $106,000.

That’s a wrap for today. I hope you have a fun week filled with goblins and goodies. If you’re looking for sweet real estate deals, please call or text me at 850-227-5197 or send me an email to sherri@sherridodsworth.com . I’ll be glad to help you find your coastal retreat, no tricks. Thanks so much for taking time to stop by today.

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Oct 20 2017

Cape San Blas Real Estate Week in Review – Oct. 14-20, 2017

Published by under Cape San Blas

For Sale Sold SignOctober may just be my favorite month of the year here on the Forgotten Coast. The air is cool, the humidity low, and the skies crystal clear. It just puts you in a good mood. Seems a lot of folks were feeling pretty good about the area this week, too, as a number of them staked a claim on some beach paradise to call their very own. They closed five sales and wrote two new contracts. We added eight new listings (one of which is already under contract), and marked down four others. Our inventory grew by two, closing the week at 292, with 81 homes and 211 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor market. Let’s take a look at what’s gone on since last we met.

Cape San Blas Gulf Front Home with 200+ of gulf frontage under contract August 2017 with list price of $1.7M

We’ll kick off our review of this week’s five sales way up on the north end of the Cape in Secluded Dunes where sellers handed over the keys to their exquisitely designed 6-bedroom, 4-bath, 3,626 square foot gulf front home.  This contemporary beauty is situated on over 200′ of secluded gulf front property in a gated community.  It was listed for $1.7M and sold on Thursday for $1.6M cash.

Interior Lot at Cape San Blas Under Contract Sep. 2017 with List Price of $55,000

Sale number two is on Labrador Lane in Park Point where a month ago buyers had their offer accepted on this 80′ by 145′, quarter-acre lot. The seller bought it in late 2004 for $299,000; the MLS states the Seller stipulated that the buyer would pay closing costs. They had it listed for $55,000 and signed over the title on Thursday for $50,000. Park Point is a pretty, secluded little neighborhood with low HOA fees of less than $100 per month and all lots include deeded gulf access.

Newly Built Gulf Front Home On Cape San Blas Under Contract September 2017 with List Price of $959,000

We’ll travel about three miles south on the Cape to Clipper Way where the owners of this newly built, 4-bedroom, 4 1/2-bath, 2,600 square foot gulf front home accepted a contract on the home 30 days ago with a list price of $959,000. The group of sellers include the builder/listing agent, other licensed Realtors and family members.  According to the MLS copy, this home offers many nice features:   “Custom designed home with all 4 bedrooms facing the beach with their own private bathrooms. The living room and kitchen also face the water and there are 3 separate beach side decks. This home has many upgraded features including core-tech flooring, granite counter tops, stainless appliances, 4-stop elevator and more”.  They bought the vacant lot in January 2016 for $235,000, built the home and sold it on Friday for $910,000 cash.

Cape San Blas Home Near Gulf Under Contract September 2017 with List Price of $395,000

Our fourth sale takes us to the south side of the Cape to Boardwalk Avenue where this 2-bedroom, 2-bath, 1,296 square foot circa 1990 home went under contract three weeks ago with a list price of $395,000. According to county records, the 75′ by 100′, 0.17-acre, X-zone lot on which it sits sold for $138,600 way back in 1986. Wow. The Boardwalk subdivision has a lovely community pool overlooking the gulf. The new owners took title on Thursday for $340,000 cash.

Lot Overlooking St. Joe Bay Under Contract September 2017 with List Price of $99,000

We’ll leave the Cape for the first time today turning left off of Cape San Blas Road to travel to this half-acre, 100′ by 220′ lot overlooking St. Joe Bay listed for $99,000, a far cry from the $27,000 it went for as recently as March 2015.  There are no HOA fees associated with this property, and it is a FEMA flood insurance eligible area.  On Monday, the sellers moved way off that list price accepting $60,000 cash for the lot at closing.

Cape San Blas Bay Front Acreage Under Contract October 2017 with List Price of $500,000

The first of our two new contracts is a 3.75-acre parcel with 207′ of bay frontage on Cape San Blas just north of Seagrass subdivision.  The family has owned the property for many years and so there is no recent sales data.  They have it listed for $500,000 and on Tuesday accepted an offer on it.

Gulf Front Home Under Contract October 2017 with List Price of $674,900

Our other new contract is on this 3-bedroom, 2-bath, 1,517-square foot gulf front home in Gulf Pines listed for $674,900.  This neighborhood is FEMA eligible, has no HOA, and voluntary HOA fees of just $200 annually.  The sellers purchased the home with 100′ of water frontage in late 2002 for $665,000.

That’s a wrap for today. I enjoy meeting and working with so many of you – it’s a great feeling helping people realize their dream of having a coastal retreat of their own. If you’re thinking of buying or selling, I’d love to hear from you. Please try me on my cell at 850-227-5197 or shoot me an email to sherri@sherridodsworth.com. Have a great week, and if you’re in the area this weekend be sure to catch The Blast on the Bay, featuring great performances all along the Forgotten Coast by over forty of Nashville’s finest songwriters. I go to this event each year and it truly is a blast! Hope to see you there.

Comments Off on Cape San Blas Real Estate Week in Review – Oct. 14-20, 2017

Oct 14 2017

Cape San Blas Real Estate Week in Review – Oct. 7-13, 2017

Published by under Cape San Blas

For Sale Sold SignReal estate has been very quiet around here this week and I can’t pinpoint any specific reason as to why that may be the case. Rentals seem to be strong, the weather is good, and interest rates are unchanged. Nonetheless, we only managed two sales and one new contract. Sellers added five new listings, and changed prices on five others.

Cape San Blas 2nd Tier Lot Under Contract August 2017 with List Prie of $189,000

The first of our two sales is this second tier, gulf view lot in The Preserve at the Cape, a new little subdivision adjacent to the north end of Seagrass. This 75′ by 112′, 0.19-acre property listed for $189,000 seemed like the perfect homesite for buyers who had their offer accepted in late August.   They were able to take title on Tuesday for $179,000.

Our second sale is over on Indian Pass where a vintage Lagoon front 4-bedroom, 2-bath, 2,138 square foot home that was built in 1923 went under contract recently with a list price of $449,900. The walls are pecky cypress, there are inviting porches all around, and a screened in-ground pool. It has been in the family for quite some time, so I found no significant sales history in the county records.  The parties agreed to close on Friday for $325,000 cash.

Cape San Blas First Tier Gulf View Home Under Contract July 20107 with List Price of $499,000

Now to our one new contract on the north side of the Cape in Peninsula Estates where buyers had their offer accepted on this 3-bedroom, 2-bath, 1,388 square foot first tier gulf view home sporting a $499,000 price tag. If this looks familiar it may be because it was under contract once before back in July but subsequently fell out of contract. The circa 1995 vacation rental home is situated on a corner “X” zone lot, and features an in-ground pool. All of the properties in this neighborhood include deeded gulf and bay access. Peninsula Estates has recorded covenants, but no HOA nor HOA fees.  The sellers have owned the home for some time, purchasing it in 1998 for $174,000.

That’s a wrap for this week. If you’re interested in seeing what you might be able to find along the coast for your self while prices are so low, or if you’re thinking of selling, I’d love to hear from you. I’ll be glad to help you either way. Try me on my cell at 850-227-5197 or shoot me an email to sherri@sherridodsworth.com . Have a terrific weekend and thanks for taking a few minutes to stop by today.

 

 

 

 

 

 

 

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