Jan 19 2018

Cape San Blas Real Estate Week in Review – Jan. 13-19, 2018

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For Sale Sold Sign Like most of the rest of the nation, it’s been a crazy cold week here, with temperatures dipping down into the 20’s one night, but at least the sunshine has returned and the forecast is for warmer days ahead. We’re starting off the new year at a good pace, closing three sales, and writing up six new contracts; sellers added eleven new listings, and changed prices on five others.

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

We’ll kick off our review of this week’s three sales 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 lot of 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.

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

Our second sale is over off of C-30 in  Money Bayou. In early December, 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, had it listed for $289,000, and handed over the keys on Friday for $280,000.

Gulf View Home in Boardwalk at Cape San Blas Under Conract Jan 2018 with List Price of $545,000

The first of this week’s six new contracts is down on the south side of the Cape on Florida Avenue in Boardwalk.  Sellers accepted an offer on their 4-bedroom, 3 1/2-bath, 2,197 square foot home listed for $545,000.  They bought the 0.18-acre lot in 2003 for $150,000 and built the home in 2006.

Cape San Blas First Tier Home Under Contract Jan. 2018 with List Price of $499,000

A few blocks east of Boardwalk on Crescent Palms, contract number two is on this 3-bedroom, 3-bath, 2,252 square foot first tier home listed for $499,000. The sellers bought the lot in 2001 for $159,900 and built the home in 2004.

Treasure Bay First Tier Lot Under Contract Jan. 2018 with List Price of $59,900

Treasure Bay is the second subdivision you come to on the left side of C-30 as you leave the Cape heading towards town.  Buyers had their offer accepted on this 102′ by 218′, half-acre, first tier lot overlooking St. Joe Bay.  It’s listed for $59,900, a smidgen below its 2002 sale price of $60,500. The current owners paid $37,500 for it in late November for $37,500.

Gulf Front Lot in Treasure Shores Under Contract Jan 2018 with List Price of $419,000

Travelling the opposite direction on C-30 towards Indian Pass, contract number four is on this 75′ by 325′, half-acre gulf front lot in Treasure Shores listed for $419,000.  The sellers bought it in late 2000 for $255,000. FEMA flood insurance is available in this neighborhood.

Indian Summer 2nd Tier Lot Under Contract Jan. 2018 with List Price of $110,000

For our last two contracts we’ll head over to Indian Pass, stopping first in Indian Summer where this 90′ by 340′ lot on Painted Pony Rd. went under contract on Tuesday with a list price of $110,000.  It’s about three quarters of an acre, and last sold in 1999 for $41,500.

Indian Pass Gulf Front ot Under Contract January 2018 with List Price of $129,000

Our sixth and final new contract is all the way out at the point of the Pass in St. Vincent Point where buyers had their offer accepted on this irregularly shaped gulf front lot with 25′ of waterfront listed for $129,000.  In mid-2010 it sold for $250,000 but then ended up belonging to the bank who sold it in early 2014 for $80,000.

That about does it for this week. If you’re an owner thinking of putting your property on the market this spring let’s talk now so we can get everything ready to go. For more info on these or other great opportunities out there, call me at 850-227-5197 or shoot me an email to sherri@sherridodsworth.com. Thanks for stopping by today and hope to see you back real soon.

 

 

 

 

 

 

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Jan 12 2018

Cape San Blas Real Estate Week in Review – Jan. 6-12, 2018

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For Sale Sold SignArea real estate took a break this week with only one sale and two new contracts. I’m happy and proud to report that our company, Coastal Realty Group, was a party to all three of these transactions! Maybe  it was the brief break in the cold weather that lured folks out to the beaches to warm themselves rather than think real estate.  Sellers added eight new listings, and changed prices on nine others.  With all that, our inventory added nine, closing the week at 276, with 78 homes and 198 lots listed for sale in the Cape San Blas, Indian Pass, and C-30 Corridor market.

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

Our one and only sale is in 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, back in early December, 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.  On Thursday, the new owners took possession for $329,000.

Cape San Blas Gulf Front Home Near Park Under Contract Jan 2018 with List Price o $1,297,500

The first of our two new contracts is on the north end of the Cape on Sapodilla Lane in sought after Sunset Point subdivision.  The beach of this neighborhood is absolutely pristine, quiet and lovely. The siren call of the sea captivated a buyer this week who fell in love with this gulf front 2,858-square-foot, 5-bedroom, 3 1/2-bath, circa 2014 home listed exactly one month ago to the day for $1,297,500. This baby is a mega rental with awesome income potential – the sellers elected not to rent it year-round, but in just 19 weeks of rentals they grossed $95,000 in just 19 weeks. Sweet. Ka ching!

First Tier Lot at Cottages of Indian Summer Under Contract Jan 2018 with List Price of $69,000

Contract number two is on this 50′ by 230′, quarter-acre, first tier lot at the Cottages at Indian Summer. From what I could find, the seller acquired this lot and several others back in 2003 from the developer, so no prior sales land values to compare. It was listed on January 3rd for $69,000, immediately attracted multiple offers, and went under contract on Wednesday. I love this little neighborhood – it’s so secluded, peaceful and quiet, with towering pines and uber-easy access to the gulf. There’s a community pool, it’s FEMA eligible, and the world famous Indian Pass Raw Bar is less than half a mile away. What’s not to love?!

That was quick. Hopefully we’ll get back on track next week and return to a brisker pace. If you’d like to contribute to that sales action, let me know. Call or text me at 850-227-5197 or shoot me an email to sherri@sherridodsworth.com and we’ll get started. Have a great week, and thanks so much for taking time to stop by today.

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Jan 05 2018

Cape San Blas Real Estate Week in Review – Dec. 30-Jan. 5, 2018

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For Sale Sold SignI hope you had a wonderful holiday season.  Like most of the rest of the nation, it’s been an unseasonably cold week here, with daily highs in the 30’s and 40’s, but at least the sunshine has returned even if the mercury seems stuck on low. Luckily we look as if we’ll be warming back up into the 60’s next week where we should be for this time of year. Realtors adapted the mailman’s mantra of allowing neither sleet, nor hail, nor freakishly cold weather to keep us from helping folks find a sandy place in the sun, closing two sales and writing contracts on three others. We posted For Sale signs on six new listings, and changed prices on two properties. With all that, our inventory whittled away eight, closing at 267, with 75 homes and 192 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor market.

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

We’ll begin our review of this week’s two sales where we so often do up in Barrier Dunes on the north end of the Cape where in early December 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. On Friday it closed for $260,000 cash.

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

Our second sale 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 so there is no recent sales data.  They had it listed for $500,000, accepted an offer on it last October, and closed on Tuesday for that full list price of $500,000New Gulf View Home at Cape San Blas Under Contract Jan 2018 with List Price of $699,000

The first of our three new contracts is on this recently completed new home on Cape San Blas Road in Hibiscus Bay.  Located directly across the street from the beach access point by Rish Park, it offers great gulf views from it’s top floor living level.  The spacious 2,950 square foot home features five bedrooms and four baths, and is elevator ready.  The property conveys with deeded gulf and bay access, and there is a neighborhood pool. The builder is also the listing agent, and he accepted an offer on Tuesday with a list price of $699,000. He purchased the one-acre lot last January for $80,000.

Bay Front Home Under Contract Jan 2018 with List Price of $449,000

We’ll leave the Cape for these next two contracts, first heading towards town over to Simmons Bayou where folks had their offer accepted on this 3-bedroom, 2-bath, 1,440 square foot bay front home listed for $449,000. It was built in 1994 and last sold in September 2006 for $700,000, and is situated on an acre of land with 217′ of bayfront not far from St. Joe Shrimp Company.

Money Bayou Gulf View Home Under Contract Jan 2018 with List Price of $325,000

Our third and final new contract is on a Key West style 900-square foot, 2-bedroom, 2-bath, gulf view first tier home in Money Bayou listed for $325,000. It was built in 2002 and sold in early 2010 for $297,000.

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 it is 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.  Whether you’re thinking of buying or selling, give me a call at 850-227-5197 or shoot me an 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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Dec 29 2017

Cape San Blas Real Estate Week in Review – Dec. 23-29, 2017

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For Sale Sold SignSanta visited the Forgotten Coast while making his rounds this week and brought five lucky buyers a place to call their own at the beach. Two bargain hunters wrote up  contracts, one new listing entered the mix,  and two others sported new price tags. Our inventory shed three, closing the week at 275, with 81 homes and 194 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor market.

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

The first of our five sales is 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 bought the vacant lot in 2013 for $340,000, and built the house in 2015.  On Friday they handed over the keys to the new owners for $912,500.

Our second sale is in a recently-platted subdivision called The Preserve at Cape San Blas adjacent to the north side of Seagrass.  As soon as this listing hit the MLS in March this 50′ by 432′, 0.49-acre gulf front lot went under contract with a list price of $479,000. The parent parcel for this subdivision, which spans from the Gulf to Cape San Blas Road, sold for $1.75M in October of 2016.  This actually closed last Thursday but wasn’t entered into the MLS as “Sold” until Saturday.

Cape San Blas First Tier Lot Under Contract Dec 2017 with List Price of $149,999

Down on the south side of the Cape in Two Palms, a neighborhood adjacent to Salinas Park, the parties closed on this 68′ by 193′, third-of-an-acre first tier lot. It was listed for $149,999 and sold on Wednesday for $140,000 cash. The seller was the original developer of the subdivision.

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).  Just two weeks ago, the 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 and sold it on Wednesday for $850,000 cash.

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

Our fifth and final sale is out on C-30 shortly past the Indian Pass Raw Bar. It is 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. They made it to the closing table this time with the buyers taking title on Thursday for $23,100.

Cape San Blas House Under Contract Dec 2017 with List Price of $325,000

Now on to our two new contracts, starting with this 3-bedroom, 2-bath, 1,444 square foot home on Cape San Blas Road in Cape Breezes, adjacent to the north side of Rish Park. This older home is a serious fixer upper, but offers views of the gulf and bay. The property appraiser’s site lists its effective age as 2005, but this was an older home when I moved to this neighborhood in 1994.  Cape Breezes is one of the original subdivisions on the Cape, platted in the late 70’s and marketed in the early 80’s. This one one of the earliest homes built here.  All properties convey with deeded gulf and bay access, and there is no HOA or HOA fees.

Cape San Blas Road Fron Lot Under Contract Dec 2017 with List Price of $69,000

Last up is this half-acre lot fronting Cape San Blas Road just before you get to the Salt Works Cabins on the the south side of the Cape.  The sellers bought it in early 2013 as a bank-owned sale for $21,500, and have it listed for $69,000. Back in 2003 it went for $175,000.   The sewer and water taps for the lot have been paid for.

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 2017 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 22 2017

Cape San Blas Real Estate Week in Reivew – Dec. 16-22, 2017

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For Sale Sold SignWrapping presents and holiday parties apparently filled most peoples’ schedules this week and some of those bows were wrapped around gifts of coastal real estate with shoppers closing five sales and writing two new contracts; sellers added two new listings, and changed prices on two others. Our inventory shed four, ending the week at 278 with 82 homes and 196 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor markets.

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

We’ll start our review of this week’s five sales 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  $386,000 and had it listed for $352,500 when it went under contract in early November. Last Friday the new owners took title for $325,000.

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 sale of a mobile home listed in mid-October 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 and sold it on Wednesday for $187,500.

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

We’ll leave the Cape for sale number three travelling east on C-30 to 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, and sold it on Wednesday for full list price of $674,900.

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 fourth sale. In mid-November 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 had it listed for $69,000. The property is FEMA eligible, and includes deeded gulf access.  On Tuesday they sold it for $60,000.

Indian Pass Gulf Front Lot Under Contract Dec. 2017 with LIst Price of $499,900

We’ll wrap things up over on Indian Pass with this 100′ by 38′, 0.8-acre gulf front lot listed for $499,900.  This gulf front parcel is being separated from the lagoon side portion that sold in October for $325,000.  According to the MLS, it went under contract last Saturday and closed on Friday for $445,000 cash.

Nearly 2 Acres of Gulf Front on the Cape Under Contract Dec 2017 with List Price of $975,000

Now on to our two new contracts starting with this  99′ by 760′, 1.8-acre gulf front parcel on Flamingo Drive, just south of Coneheads on the north end of the Cape.  The seller has owned it since 1983 when county records indicate she purchased it for $65,000, basically $161,000 in today’s inflation-adjusted dollars.  On Tuesday it went under contract with an asking price of $975,000.

Cape San Blas First Tier Lot Under Contract Dec 2017 with List Price of $149,999

Down on the south side of the Cape in Two Palms, a neighborhood adjacent to Salinas Park, buyers penned a deal on this 68′ by 193′, third-of-an-acre first tier lot listed for $149,999.  The lot is being sold by the original developer of the subdivision.

That brings us up to date for the week. The weather forecast says Santa is set to bring us bring us sunny Christmas weather in the mid-60’s so it looks like a perfect beachy holiday is in store. I wish you a warm and wonderful holiday celebration with family and friends.  Have a very Merry Christmas, and I hope to see you back here next weekend for our final review of the year.

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Dec 15 2017

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

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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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