Feb 17 2017

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

Published by under Cape San Blas

For Sale and Sold SignIf we keep this pace up, 2017 is going to be a strong year moving a lot of properties out of the inventory. We had another impressive showing with seven sales,  seven new contractsnine new listings, and four price changes. With all that activity, our inventory shed another two, closing the week at 242, with 71 homes and 171 lots listed for sale in the MLS for the Cape San Blas, Indian Pass and C-30 Corridor market. Let’s take a look at what buyers picked up this week.

Interior Lot in Sunset Ponte Under Contract January 2017 with List Price of $48,000

We’ll kick off our review of this week’s seven sales up on on Hemmingway Circle up in Sunset Pointe where buyers had their offer accepted in mid-January on this 93′ by 210′ interior lot listed for $48,000. The sellers bought it in March 2005 for $375,000 and sold it on Wednesday for their full list price of $48,000.

Cape San Blas Gulf View Lot Under Contract January 2017 with List Price of $149,000

Sale number two is located on Catamaran Drive just a bit north of The Tradin’ Post. Three weeks ago a buyer had her offer accepted on this 100′ by 140′ gulf view, second tier lot with deeded gulf access listed for $149,000. The sellers bought it in mid-2012 for $53,500, and sold it on Friday for $135,000 cash. This is in Feather Sound, a subdivision with no HOA or HOA fees.

Bay Front Lot at Eventide Under Contract January 2017 With LIst Price of $52,500

Next stop is on the south side of the Cape in Eventide, a subdivision directly across the street from my office.  This 0.34-acre bay front lot was listed for $52,500 and sold on Valentine’s Day for $45,000.  Bay front lot or roses and a card for Valentines???? Hmmm. Somebody just set a high holiday hurdle with this one, fellas.  This is at the head of the bay where the water is shallow and this particular area has a fair amount of marshland to contend with between the waters of the bay and terra firma.

Cape San Blas Bay View Lot Under Contract Feb. 2017 with List Price of $35,000

We’ve been seeing a lot of this country dirt road on the Cape called Sand Trace the past few weeks, and it’s back again today as the setting for our fourth sale, a 150′ by 100′, third-of-an-acre  bay view lot recently listed for $35,000. It is one of several lots carved from a larger parent parcel for resale. On Friday the parties closed for $30,000.

Sale number five is over along C-30 on Sweetwater Drive where this gulf front, 4-bedroom, 3-bath, 1,777 square foot home on 50′ of waterfront went under contract in early January with a list price of $599,900. The sellers bought it in 2000 for $347,500, and first put it on the market in mid-2012 sporting a $725,000 price tag. On Friday they handed over the keys to the new owners for $570,000.

First Tier Gulf View Lot in Treasure Shores Under Contract September 2016 with List Price of $149,900

Not far from Money Bayou is Treasure Shores, the site of our sixth sale, a quarter-acre first tier lot.  Treasure Shores is a FEMA eligible neighborhood, and has no HOA fees.  The sellers bought the property in early 2000 for $55,000, got it under contract on two weeks ago with an asking price of $149,900, and signed over the title at closing on Tuesday for $130,000, another Valentine’s Day closing.

The last of our seven sales is out on C-30 past the Indian Pass Raw Bar with this 100′ wide, half-acre lagoon front lot listed for $45,000. Back in 2005 at the height of the market boom this property sold for $285,000, a wee bit more than the $37,500 it fetched on Friday.

Cape San Blas Gulf View Lot Under Contract February 2017 with List Price of $179,000

Now on to our seven new contracts, returning to the north end of the Cape, stopping this time in Sunset Point where buyers had their offer accepted on this 62′ by 131′, 0.58 acre gulf view lot second tier lot listed for $179,000. This property last sold in 2003 for $310,000.

Cape San Blas Gulf View Home Under Contract Feb. 2017 with List Price of $554,000

We’re heading back down to the south side of the Cape for contract number two, this time stopping on Florida Avenue in Boardwalk where this 3-bedroom, 3-bath, 1,691 square foot home went under contract on Wednesday with a list price of $554,000. The circa 1995 home offers a view of the gulf from its deck.  It last sold in the summer of 2005 for $625,000

Bay View Lot Under Contract February 2017 with List Price of $69,000

We’ll leave the Cape turning left onto C-30 heading towards town, and travel to this bay view 106′ by 252′, half acre lot recently listed for $69,000. The State of Florida owns the land between the lot and the bay. The sellers picked this up in a bank sale in 2012 for $37,000; back in 2004 it sold for $239,000.

Gulf Pines First Tier Lot Under Contract Feb. 2017 with List price of $149,000

Contract number four is over in Gulf Pines where buyers had their offer accepted on a 100′ by 252′, 0.59-acre first tier lot listed for $149,000. The sellers bought it in mid-2012 for $119,500 from folks who had paid $165,000 for it in late 2009.

Gulf Front Home at Money Bayou Under Contract February 2017 with LIst Price of $759,000

Our next two contracts are over in Money Bayou starting off with this 4-bedroom, 4-1/2-bath, 1,919-square foot gulf front newly built spec-home that went under contract on Friday. The builder originally listed it in January 2016 for $930,000 and has been tweaking the price downward ever since finally hitting that sweet spot in the market when he lowered the price as few weeks ago to $759,000 .

Money Bayou Gulf Front Lot Under Contract feb. 2017 with List Price of $350,000

The lot adjacent to that house is also listed for sale with an asking price of $350,000. It’s an irregularly shaped property as you can see in the above photo with the meandering bayou running right through it.

Indian Pass Gulf View Lot Under Contract February 201 with List Price of $72,000

Our final stop of the day is on Painted Pony Road over in Indian Summer on Indian Pass where the parties shook hands over a deal on this 92′ by 42′, 0.72-acre  “Canal Front” lot listed for $72,000. The sellers bought it back in the summer of 2000 for $40,300.

That’ll do it for today. Our  inventory is low, and I’m looking for new listings so if you’re thinking of selling, let’s talk. Call or text me at 850-227-5197 or email me at sherri@sherridodsworth.com. I hope wherever you are this weekend you’re warm and cozy. If you’re up there in blizzard country shoveling snow, keep in mind our “white drifts” are warm and sunny, and waiting for you here along Florida’s Forgotten Coast.

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Feb 11 2017

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

Published by under Cape San Blas

For Sale and SoldWe had another good week with two sales and five new contracts. Most of the action was with sellers who added a whopping nineteen new listings to the menu and changed three prices. We ended the week with our inventory climbing by nine, closing at 244, with 71 homes and 173 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor market MLS.  Let’s see what great properties caught buyers’ attention.

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

The first of our two sales is on the north end of the Cape in Park Pont with a lot that went under contract just last week. It is a 52′ by 170′, quarter-acre interior corner lot listed for $55,000 for which the sellers paid $135,000 in 2003. This pretty little subdivision lies adjacent to the west side of the state park and is very peaceful and quiet. Lots include deeded gulf access.  The new owner took title on Wednesday for $48,000 cash.

Cape San Blas Gulf View Lot Under Contract with List Price of $135,000

Our second sale is on White Sands Drive in San Blas Shores.  A builder had a contract on a 62′ by 100′, 0.14-acre gulf view lot listed for $135,000. The parties settled on Tuesday for $100,000.  I didn’t find any prior significant sales history in the county records.

Cape San Blas Gulf View Home Under Contract Feb. 2017 with List Price of $979,000

Now on to our five new contracts stopping first on Haven Road in Seagrass where this newly listed 4-bedroom, 4-bath, 2,500 square foot first tier home went under contract on Wednesday with a list price of $979,000. This home has unobstructed views but cannot be called Gulf front because there is a platted lot in front of it for which FDEP denied a building permit in 2009.   The sellers bought the home in 2014 for $815,000 and have spruced it up quite nicely since then. In 2005, the lot alone sold for $855,000.

Interior Lot at Jubilation on Cape San Blas Under Contract February 2017 with List Price of $59,900

Down on the south side of the Cape in Jubilation someone saw a good opportunity for a coastal retreat in this 50′ by 90′ “X” zone Jubilation lot listed for $59,900, a real bargain compared to the $310,000 it went for in 2004. Jubilation is now a gated community, and includes a gulf front pool and deeded gulf access for all property owners.

Cape San Blas Bay View Lot Under Contract Feb. 2017 with List Price of $45,000

A few blocks further east of Jubilation we saw this country dirt road on the Cape called Sand Trace just last week, and it’s the setting once again for another contract. This week’s offering is is on a 150′ by 100′, third-of-an-acre bay view lot recently listed for $45,000. It is one of several lots carved from a larger parent parcel for resale. There are still a couple left, all of which include deeded gulf access.

Bay Front Lot Near Cape San Blas Under Contract Feb. 2017 with List Price of $159,750

When you turn off Cape San Blas Road onto C-30 heading towards town, Treasure Bay is the second subdivision on your left and it’s the site of our fourth contract, which is on this 100′ by 1,314′, 2.9-acre bay front lot listed for $159,900.  The lot lines extend far out into the bay which accounts for that seemingly high acreage.  The sellers bought it in 2012 for $89,000; in 2003 it sold for a $196,000. This is a quiet little residential community with nice single family homes, most of which are owner-occupied.  FEMA flood insurance is available here.

Indian Pass Gulf View Lot Under Contract February 2017 with List Price of $185,500

We’ll finish our review today over on Indian Pass where this first tier lot listed on Tuesday for $185,500 was under contract by Friday.  It’s in a VE flood zone in the FEMA eligible neighborhood of Indian Pass Beach subdivision. The seller, who bought the property in early 2016 for $110,000,  is offering complete house plans with full FDEP permitting.

That’s a wrap for this week. Still lots going on so why not get in on the action? If you’re thinking of buying or selling, I’d love to hear from you. Call or text me at 850-227-5197, or write to me at sherri@sherridodsworth.com.  Until then, have a great week, and thanks for taking time to stop by today.

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Feb 03 2017

Cape San Blas Real Estate Week in Review – Jan. 28-Feb. 3, 2017

Published by under Cape San Blas

For Sale Sold SignThe new year continues its super sizzling start as we turned in yet another banner week of sales activity, closing eight sales and writing up nine new contracts. We added eight new listings and changed prices on four others. Our inventory was able to shed another nine properties, closing the week at 235, with 68 homes and 167 lots listed for sale in the Cape San Blas, Indian Pass, and C-30 Corridor market. We have quite a bit of territory to cover today so let’s get right to it.

cape-san-blas-interior-home-under-contract-dec-201-with-list-price-of-250000

The first two of our eight sales are located in Peninsula Estates, one of the original subdivisions on the Cape, located about a half mile south of the entrance to the state park. First up is a 3-bedroom, 2-bath, 1,328 square foot interior home on a third of an acre lot. She’s an early ’90’s model in need of some TLC at this point, and being sold unfurnished. The seller bought it in mid-1999 for $93,500, listed it listed for $250,000, and sold it on Tuesday for $249,000.

cape-san-blas-interior-lot-under-contract-dec-2016-with-list-price-of-65000

Kitty-cornered behind that home is a 75′ by 225′, 0.36-acre lot listed for $65,000, also owned by the same seller, who bought it in December 2000 for $28,000.  The buyer who bought the house bought this lot as well, taking title on Tuesday for $50,000.  All of the properties in this neighborhood enjoy deeded access to both the bay and gulf, and there is no HOA or HOA fees.

newly-built-home-in-jubilation-at-cape-san-blas-under-contract-september-2016-with-list-price-of-499900

Sale number three takes us down to the south side of the Cape in Jubilation where this handsome 4-bedroom, 3-1/2-bath, 2,403 square-foot spec home went under contract at the end of December with a list price of $489,900. Jubilation is the sister development of Ovation, both projects completed by Ashwood Development of Atlanta in the mid-2000’s. Jubilation was their first community on the Cape and they did quite well selling most if not all of the lots near the top of the market boom. Today’s home builder purchased the lot on which it’s located in October 2015 for $43,000, a real bargain compared to the $335,000 it sold for at the end of 2004. If this has a familiar look to it that may be because it was briefly under contract once before in September.  This time she made it all the way down the isle with the new owner picking up the keys at closing on Friday for $480,000.

cape-san-blas-condo-under-contrac-dec-2016-with-list-price-of-329000

A few blocks down the street is The Club at Cape San Blas where our fourth sale is this attractive 3-bedroom, 2 1/2-bath, 1,620 square foot townhouse style condo listed for $329,000. When it was built at the height of the market in 2004, it sold for $499,900. This beautifully furnished home features gorgeous heart of pine floors, granite counter tops throughout, and 10 foot ceilings. The sellers purchased it as a short sale in August 2012 for $196,000, and have sold it for $320,000.

Forgotten Coast First Tier Home Under Contract January 2017 with List Price of $599,000

We’re selling things in twosies today, with our next two sales being over in Treasure Shores starting with this 4-bedroom, 3-bath, 1,930 square-foot first tier home built in 2014 that went under contract in early January with a list price of $599,000. The owner bought the lot in late 2013 for $96,100, and built the home the following year.  It’s located in the “X” zone in Treasure Shores, an area eligible for FEMA flood insurance. He signed the title over to the new owners for $570,000.

treasure-shores-gulf-front-home-under-contract-september-2016-with-list-price-of-725000

Right across the street is this handsome 4-bedroom, 3-bath, 1,960-square foot home under contract since late December with a list price of $744,000. The sellers originally listed it in March of last year for $879,000. They bought the 75′ wide, half-acre-plus lot in November 2014 for $215,000 and then had Big Fish Construction build the home. On Tuesday the new owners picked up the keys at closing for $742,000.

money-bayou-gulf-front-home-under-contract-dec-2016-with-list-price-of-779000

Sale number seven is a 5-bedroom, 3 1/2-bath, 1,829 square foot gulf front home over on Sweetwater Shores Drive in Money Bayou. It’s situated on a half-acre 50′ wide lot for which the seller paid $86,000 in 1998. The home went under contract in early December sporting a $779,000 price tag, and closed on Thursday for $768,000.

indian-pass-lagoon-front-home-under-contract-november-2016-with-list-price-of-550000

Our eighth and final sale is out on Indian Pass, where this 4-bedroom, 3 1/2-bath, 1,772 square foot lagoon front home listed for $550,000 has been under contract since late November. The home is situated on a 1.8 acre parcel with 125′ of waterfront. The sellers bought the lot in 1995 for $24,000 and built the home in 1999. This week it sold for $535,000.

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

Now on to our nine new contracts, starting off on the north end of the Cape in Park Pont where buyers penned a deal on this 52′ by 170′, quarter-acre interior corner lot listed for $55,000 for which the sellers paid $135,000 in 2003. This pretty little subdivision lies adjacent to the west side of the state park and is very peaceful and quiet. Lots include deeded gulf access.

Barrier Dunes Pond Front Townhome Under Contract January 2017 with List Price of $192,500

In nearby Barrier Dunes, sellers accepted an offer on their 2-bedroom, 2-1/2-bath, 1,377 square foot pond front townhome listed for $192,500. This home was one of the original units in the development being built in 1985.  The current owners purchased it in January 1999 for $90,000.

Ovation Bay View Home Under Contract January 2017 with List Price of $549,000

We’ll travel about a half mile further south on the Cape to the bay side of Ovation, where someone fell in love with this handsome 4-bedroom, 4-1/2-bath, 2,178 square foot home with gulf and bay views listed for $549,000.  The sellers purchased the lot in mid-2013 for $50,000, and finished building the home in 2015.

Ovation Gulf View 2nd Tier Lot Uder Contract January 2017 with List Price of $160,000

Over on the gulf side of Ovation, the parties came to a meeting of the minds on this 50′ by 109′ foot, second tier “X” zone lot listed for $160,000. The sellers bought it in the summer of 2013 for $89,000, quite a bargain compared to the $455,000 the developers sold it for in late 2005.

Cape San Blas Gulf View Lot Under Contract January 2017 with List Price of $149,000

Contract number five is located on Catamaran Drive just a bit north of The Tradin’ Post. Here a buyer had her offer accepted on this 100′ by 140′ gulf view, second tier lot with deeded gulf access listed for $149,000. The sellers bought it in mid-2012 for $53,500. This is in Feather Sound, a subdivision with no HOA or HOA fees.

Cape San Blas Gulf View Home Under Contract January 2017 with List Price of $399,000

Our sixth sale takes us back down to the south side of the Cape, this time turning onto McCosh Mills Road in Piney Woods where this 3-bedroom, 2-bath, 1,224 square foot home went under contract last weekend with a list price of $399,000. The sellers purchased the rental home in the summer of 2012 for $250,000.

Cape San Blas Bay View Lot Under Contract Feb. 2017 with List Price of $35,000

This country dirt road on the Cape is called Sand Trace, and it’s the setting for our next contract which is on a 150′ by 100′, third-of-an-acre  bay view lot recently listed for $35,000. It is one of several lots carved from a larger parent parcel for resale.

First Tier Gulf View Lot in Treasure Shores Under Contract September 2016 with List Price of $149,900

We return to Treasure Shores for contract number eight where buyers had their offer accepted on this quarter-acre first tier lot.  Treasure Shores is a FEMA eligible neighborhood, and has no HOA fees.  The sellers bought it in early 2000 for $55,000, and went under contract on Friday with an asking price of $149,900.

We’ll wrap things up today out on C-30 past the Indian Pass Raw Bar with this 100′ wide, half-acre lagoon front lot listed for $45,000. Back in 2005 at the height of the market boom this property sold for $285,000.

That’ll do it for today.  With our housing inventory so low I’m looking for more new listings to sell so if you’re thinking of selling, let’s talk. I’d love to be your listing agent and put you together with my readers who are calling me looking for coastal properties. Reach 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 anyway, so let’s get together and talk real estate. Stay warm – and thanks so much for stopping by.

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Jan 27 2017

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

Published by under Cape San Blas

For Sale and Sold2017 continues off to a strong start roaring along this week with three salesfive new contracts, a whopping sixteen new listings and four price changes. Our inventory gained eleven, closing at 244, with 71 homes and 173 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor market. We have a fair amount of territory to cover today so let’s get right to it.

Barrier Dunes Gulf View Townhouse Under Contract January 2017 with List Price of $287,500

We’ll start are reviews of this week’s three sales on the north end of the Cape in Barrier Dunes with a 2-bedroom, 2-bath, 1,196 square foot townhome that went under contract January 16 with a list price of $287,500.  This gulf view home was built in 1999 and sold that year for $126,700. This week the sellers accepted $265,000 for it.

Interior Lot with Views Sold January 2017 for $80,000

Sale number two is a lot in Hibiscus fronting Cape San Blas Road on the bay side which wasn’t listed for sale in the MLS but was negotiated between the seller’s agent and a buyer directly. The seller is the daughter of the developer, and on Friday last week she accepted $80,000 cash for the property.

Cape San Blas First Tier Home Under Contract Jan 2017 with List Price of $659,000

Our third and final sale is on Barbados Drive in Turtle Dunes where this lovely 3-bedroom, 2-bath, 2,198-square foot first tier home went under contract the 3rd of January with a list price of $659,000. This beautifully furnished home offers terrific gulf views through out, and is lovingly landscaped.  The sellers purchased the lot in the summer of 2010 for $127,500, built the home in 2012, and handed over the keys to the new owner at closing on Tuesday for $630,000.

cape-san-blas-gulf-front-acreage-under-contract-dec-2016-with-list-price-of-1-3m

Now on to our five new contracts. We’ve seen a couple of multi-acreage gulf front offerings on the Cape recently, two of which went under contract last Saturday.  There are not many of these deep 100′+ wide lots left any more. These two measure 102′ by 890′ each, span from the gulf to Cape San Blas Road, for a combined total of roughly 4.48 acres. They are offered for $1.3M each.

Newly Built Cape San Blas Glf Viw Home Under Contract January 2017 with List Price of $459,900

Down on the south side of the Cape in Surfside Estates, our third contract is on a newly built 4-bedroom, 3 1/2-bath, 1,680 square foot first tier home listed for $459,900. The sellers bought the lot in July 2015 for $129,000.

Bay Front Home Under Contract January 2017 with List Price of $499,900

We’ll travel off the Cape onto C-30 heading west towards town pulling into Treasure Bay, the second subdivision on your left as you leave the Cape. Here buyers had their offer accepted on this handsome 3-bedroom, 4-bath, 2,830 square foot bay front home with 100′ of waterfront overlooking the southern end of the bay listed for $499,900.  They bought it in early 2011 for $340,000.

Indian Pass First Tier Home Under Contract January 2017 with List Price of $434,500

We’ll wrap things up today over on Indian Pass where buyers fell in love with this brand new 4-bedroom, 3-bath, 1,800 square foot first tier home on which construction was just recently completed. The sellers bought the quarter-acre lot in March 2015 for $85,000.

That does it for this week. Lots going on and our inventory of homes is really low, so if you’ve been thinking of buying a house at the beach you may want to add that to your list of New Year resolutions for 2017. I can help with your search – call or text me at 850-227-5197 or send me an email to sherri@sherridodsworth.com . Have a great week, keep warm, and thanks so much for taking time to stop by today.

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Jan 20 2017

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

Published by under Cape San Blas

For Sale and SoldIn a week where we witnessed the peaceful transfer of power in D.C., closer to home we witnessed the profitable transfer of properties.  Two sales were closed, six new contracts were written up, sellers added ten new listings and changed prices on two others.  We end the week with our inventory at 233, up three from last week, with 69 homes and 164 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor market. Let’s see what bargains buyers found out there since last we met.

Cape San Blas Bay View Lot Under Contract December 2016 with List Price of $55,000

The first of our two sales is on the north end of the Cape on Blue Heron Drive back behind Coneheads restaurant and just south of the state park boundary. In mid-December buyers had their offer accepted on this 104′ by 208′ half-acre bay view lot listed for $55,000. The sellers bought the property in 2001 for $28,500, and sold it on Tuesday for full list price of $55,000.

waters-edge-lot-under-contract-dec-2016-with-list-price-of-29900

Our second sale is over on C-30 in Waters Edge, the first little subdivision on your left after you turn off Cape San Blas heading east towards Indian Pass. This is a 62′ by 248′ lot a little over a third of an acre. Waters Edges is tucked away under sprawling oaks and magnolias, features a pool and tennis court, and provides deeded gulf access directly across the street.  The sellers purchased this lot in 2004 for $210,000, listed and sold it for $29,900 on Tuesday.

Interior Lot in Sunset Ponte Under Contract January 2017 with List Price of $48,000

Now on to our six new contracts starting off on Hemmingway Circle up in Sunset Pointe where buyers had their offer accepted on this 93′ by 210′ interior lot listed for $48,000 which the sellers bought in March 2005 for $375,000.

Barrier Dunes Beach Cottage Under Contract January 2017 with list Price of $262,500

Our next two contracts are in nearby Barrier Dunes, starting with one of the few cottages located there. Although primarily known for its townhomes, Barrier Dunes is also home to a handful of cottages and larger single family homes. This particular model is a 2-bedroom, 2-bath, 1,078 square foot cottage built in 2000.  It’s situated on a 0.19 acre lot measuring 83′ by 100. The sellers bought it in late 2007 for $25,000 and have it listed for $262,500.

Barrier Dunes Gulf View Townhouse Under Contract January 2017 with List Price of $287,500

This second Barrier Dunes contract is on a more typical offering of the community, a 2-bedroom, 2-bath, 1,196 square foot townhome listed for $287,500.  This gulf view home was built in 1999 and sold that year for $126,700.

4.3 Acre Gulf Front Tract at Cape San Blas Under Contract January 2017 with List Price of $2.3M

We’ve had a number of large parcels on the market lately, and this week we had another one, a 4.3-acre gulf front lot maybe a quarter mile south of Rish Park. It has 210′ of waterfront and is about 893′ deep, spanning from the gulf all the way back to Cape San Blas Road. It has been in the family for some time so I didn’t find any meaningful sales data associated with it in the property appraiser’s data. They are asking $2.3M for it.

Cape San Blas 1st Tier Home Under Contract January 2017 with List Price of $449,900

Our final two contracts are on the south side of Cape, beginning with this 4-bedroom, 3 1/2-bath, 1,680 first tier home listed for $449,900. It went under contract as soon as it hit the MLS.  The sellers purchased the lot alone in the summer of 2013 for $129,000.

Bay Front Lot at Eventide Under Contract January 2017 With LIst Price of $52,500

Last stop of the day is in Eventide, a subdivision directly across the street from my office.  Buyers had their offer accepted on this 0.34-acre bay front lot listed for $52,500.  This is at the head of the bay where the water is shallow and this particular area has a fair amount of marshland to contend with between the waters of the bay and terra firma.

That does it for this week. Our inventory of homes is still low so if you’re interested in finding one you may want to start your search sooner than later. I’ll be glad to help you; just text or call me at 850-227-5197 or shoot an email to sherri@sherridodsworth.com . I enjoy hearing from so many of my readers and helping them find their perfect place in paradise here along the Forgotten Coast. Have a terrific week and thanks so much for taking time to stop by today.

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Jan 13 2017

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

Published by under Cape San Blas

For Sale and Sold2017 continues off to a strong start roaring along this week with four salessix new contracts, eight new listings and six price changes. Our inventory inched up by one, closing at 230, with 68 homes and 162 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor market.  We have a fair amount of territory to cover today so let’s get right to it.

cape-san-blas-interior-lot-under-contract-dec-2016-with-list-price-of-55000

We launch into our four sales on the north end of the Cape on Hemmingway Circle in Sunset Pointe where the parties shook hands on this 90′ by 125′, quarter-acre interior lot listed for $55,000. This is a pretty subdivision that’s platted into two sections, with one portion adjacent to the entrance to the state park, and the other portion showcasing the gulf front. This gated community has an attractive community pool, nature walks, and walkovers to the beach. The sellers bought the lot from the developer in mid-2004 for $210,000, and signed over the title to the new owners at closing on Friday for $54,500.

cape-san-blas-ovation-lot-under-contract-dec-2016-with-list-price-of-43900

Our second sale is located on the Cape in Ovation. It’s a 52′ by 121′ interior lot with a list price of $43,900 that caught the eye of a buyer who got it under contract in early December.  The sellers purchased it in March last year for $31,000. and have now sold it for $41,000. In mid-2012 it went for $19,000.

cape-san-blas-gulf-front-home-under-contract-nov-2016-with-list-price-of-699000

Next up is this 3-bedroom, 2-bath, 1,620-square foot gulf-front home on Clipper Way listed for $699,000. It was built in 2000 in Feather Sound, one of the earliest subdivisions on the Cape; there are recorded covenants but no HOA or HOA fees. The sellers bought the home in 2014 for $475,000, and handed the keys over to the new owners on Thursday for $650,000.

indian-pass-gulf-front-home-under-contract-november-2016-with-list-price-of-550000

Our fourth and final sale is on the beach side of Indian Pass where buyers fell in love with this gulf front home overlooking St. Vincent island listed for $550,000.  It was previously under contract for a brief time back in mid-August, but that one didn’t work out and it came back on the market in September. The views from this home will take your breath away. It’s situated on 50′ of waterfront, has 3-bedrooms, 3-baths, and 1,680 square feet under heat and air.  The sellers bought it in 2000 for $315,000, and sold it on Friday for $525,000.

Now on to our six new contracts. Sea Cliffs was hot this week with two townhouses there going under contract. First one to start heading sailing towards closing was this 4-bedroom, 4 1/2-bath 1,944 square foot gulf view unit listed for $299,000. This is one of the few units in this complex with an attached garage and an additional deeded parking space. The home is being sold furnished and has an elevator. The sellers are the original owners who bought it from the developer in 2001.

Just around the corner, our second contract is on a 4-bedroom, 4 1/2-bath, 2,007 square foot unit listed for $293,000. The sellers bought it in March just last year for $255,000.  In 2002 it sold for $335,000. This home also has an elevator.

Barrier Dunes Single Family Home Under Contract January 2017 with List Price of $475,000

Barrier Dunes is next door to Seacliffs and though it is primarily a townhouse community there are a few detached single family homes as well. Buyers wrote a contract on this 3-bedroom, 3 1/2-bath, 1,984 square foot home on Lakeshore Drive listed for $475,000. The circa 2006 home is being sold unfurnished. The sellers bought it in mid-2014 for $450,000.

We’ll travel on down to the south side of the Cape for contract number four which is on this 57′ by 82′ lot listed for $79,000.  It sits catty cornered to the community pool and is in an “X” zone. It should afford a gulf view from a home built on pilings. The seller purchased it in the summer of 2014 for $50,000.

This next contract is over along C-30 on Sweetwater Drive where this gulf front, 4-bedroom, 3-bath, 1,777 square foot home on 50′ of waterfront went under contract on Monday with a list price of $599,900. The sellers bought it in 2000 for $347,500, and first put it on the market in mid-2012 sporting a $725,000 price tag.

We’ll wrap things up today over on Indian Pass with a vintage Lagoon front 4-bedroom, 2-bath, 2,138 square foot home that was built in 1923. 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.  They have it listed for $479,900 and accepted an offer on it on Wednesday.

That does it for this week. Lots going on and our inventory of homes has been steadily coming down, so if you’ve been thinking of buying a house at the beach you may want to add that to your list of New Year resolutions for 2017.  I can help with your search – call or text me at 850-227-5197 or send me an email to sherri@sherridodsworth.com . Have a great week and thanks so much for taking time to stop by today.

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Jan 07 2017

Cape San Blas Real Estate Week in Review Dec. 31, 2016 – Jan. 6, 2017

Published by under Cape San Blas

For Sale and SoldIt seems as if the Number 1 New Year’s resolution on a lot of lists must have been “Buy some property on the Cape” because it has been crazy around here this week with so many calls and emails from folks telling me they think now is the time to buy. I had my busiest week in I don’t know how long, and loving every minute of it. The year got off to a good start closing four sales and adding four new contractssix new listings, and three price changes. A lot of listings expired with 2016 so our inventory’s resolution to slim down is also off to an awesome start, shedding 9 listings to close the week at 229, with 72 houses and 157 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor market. Let’s check out what’s moving at the beach.

cape-san-blas-gulf-view-townhouse-at-barrier-dunes-under-contract-december-2016-with-list-price-of-257000

We’ll launch our review of this week’s four sales up on the north end of the Cape in Barrier Dunes where this 2-bedroom, 2-bath, 1,216 square foot gulf view townhouse went under contract at the end of November sporting a $257,ooo price tag. The sellers bought it from the developer in 1999 for $177,440, and sold it on Wednesday for $245,000.

cape-san-blas-gulf-view-home-under-contract-novemer-2016-witht-list-price-of-495000

About half a mile north of Scallop Cove on Barbados Drive in Turtle Dunes, our second sale is a newly built 3-bedroom, 2-bath, 1,838 square-front gulf view X-zone home listed for $495,000. The contractor who built this spec home bought the lot back in February for $98,000.  On Tuesday he handed over the keys to happy new owners for $485,000.

gulf-front-home-near-csb-under-contract-october-2016-with-list-price-of-689000

We’ll leave the Cape and head out onto C-30 to this 4-bedroom, 3-bath, 2,200 square foot circa-1997 gulf-front home listed for $689,000. It’s located on a 0.67-acre lot with 50′ of waterfront on C-30 between Gulf Pines and Treasure Shores, an area along the stable south-facing beach eligible for FEMA flood insurance. Back in the summer of 1997, the sellers bought the property for a modest $297,900. They turned a tidy profit on Friday, picking up a check at closing for $635,000.

indian-pass-lagoon-front-cottage-under-contract-dec-2016-with-list-price-of-225000

Indian Pass is the site for our fourth and final sale which is this little 1-bedroom, 2-bath, 1,096 square foot lagoon front cottage on Osceola listed for $225,000. It’s situated on a 1.6 acre lot that last sold in mid-1998 for $38,500. The new owners took title on Tuesday for $185,000 cash, as is.

Cape San Blas First Tier Home Under Contract with List Price of $389,500

We’ll return to the Cape to check out this week’s crop of four new contracts, the first two of which are on White Sands Drive in San Blas Shores, the first platted subdivision on the Cape. This laid back little neighborhood, adjacent to the north side of Ovation, has no HOA and no HOA fees.  All properties include deeded beach access. Buyers had their offer accepted on this little 2-bedroom, 2-bath, 966 square foot beach cottage listed for $389,500. It’s nestled on a tiny first tier lot and has wonderful gulf views. The sellers bought the circa-1997 beach retreat in 2004 for $386,000.

Cape San Blas Gulf View Lot Under Contract with List Price of $135,000

Just around the corner from this home buyers penned a deal on a 62′ by 100′, 0.14-acre gulf view lot listed for $135,000.  I didn’t find any significant sales history in the county records.

Cape San Blas First Tier Home Under Contract Jan 2017 with List Price of $659,000

We return to Barbados Drive in Turtle Dunes for contract number three, which is on this lovely 3-bedroom, 2-bath, 2,198-square foot first tier home listed for $659,000. This beautifully furnished home offers terrific gulf views through out, and is lovingly landscaped.  The sellers purchased the lot in the summer of 2010 for $127,500, and built the home in 2012.

Forgotten Coast First Tier Home Under Contract January 2017 with List Price of $599,000

We’ll wrap things up today over in Treasure Shores with this 4-bedroom, 3-bath, 1,930 square-foot first tier home built in 2014 that went under contract on Thursday with a list price of $599,000. The owner bought the lot in late 2013 for $96,100, and built the home the following year.  It’s located in the “X” zone in Treasure Shores, an area eligible for FEMA flood insurance.

That does it for our first review of the year, and what a great start it is. If you’re one of those folks who has resolved to add coastal real estate to your portfolio in 2017, let’s get rolling! Call or text me at 850-227-5197 or shoot me an email to sherri@sherridodsworth.com. Until then, have a great week and thanks so much for taking time to stop by today.

 

 

 

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Dec 31 2016

Cape San Blas Real Estate Week in Review – Dec. 24-30, 2016

Published by under Cape San Blas

For Sale and SoldSanta cruised through the Cape while making his rounds this week and brought four lucky buyers beach properties to call their own. One bargain hunter wrote up a contracttwo owners listed their properties for sale while just one other opted for a price change. Our inventory dropped by ten, closing the week at 238, with 79 homes and 159 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor market.

barrier-dunes-townhouse-at-cape-san-blas-under-contract-november-2016with-list-price-of-258900

The first of our four sales is up in Barrier Dunes where in mid-November buyers stroked an offer on this 3-bedroom, 3 1/2-bath, 1,172-square foot townhouse listed for $258,900. The sellers bought it for a bargain in 2013 as a bank-owned sale from FNMAE for $190,000.  Back in 2004 it sold for $348,800, and this week it went for $245,000.

bay-front-lot-at-cape-san-blas-under-contract-november-2016-with-list-price-of-334900

About a quarter mile south of Barrier Dunes, if that, is a gorgeous rare entity, a 3.22 acre bay front lot with 240′ of water frontage right by the state park.  It’s located off of Blue Heron Drive, the street just to the south of Coneheads Restaurant. It went under contract in mid-November with a list price of  $334,900, and on Wednesday sold for $280,000 with conventional financing.

gulf-view-condo-under-contract-nov-2016-with-list-price-of-245000

Just about 3 miles further down the beach, our third sale is a gulf view condo listed for $245,000. This 2-bedroom, 2-bath, 1,300-square front unit is in a quadplex built in 1985.  In 1992, two principles bought it for $50,000; in 1998, today’s seller bought out the other owner’s one-half interest in the unit for $35,000. On Tuesday, new owners took title for $240,000.

cape-san-blas-gulf-view-home-under-nov-2016-with-list-price-of-319000

Our fourth and final sale takes us to Barbados Drive in Turtle Dunes where this cute and cozy little 2-bedroom, 2-bath, 780 square-foot gulf view cottage situated on a quarter-acre lot was listed for $319,000.  The sellers picked up the circa 1991 home in 2003 for $275,000, and sold it on Wednesday for $297,000.

newly-built-home-in-jubilation-at-cape-san-blas-under-contract-september-2016-with-list-price-of-499900

Our lone new contract is down on the south side of the Cape in Jubilation where this handsome 4-bedroom, 3-1/2-bath, 2,403 square-foot spec home went under contract on with a list price of $489,900. Jubilation is the sister development of Ovation, both projects having been done by Ashwood Development of Atlanta in the mid-2000’s. Jubilation was their first community here on the Cape and they did quite well selling most if not all of the lots near the top of the market boom. Today’s home builder purchased the lot on which it’s located in October 2015 for $43,000, a real bargain compared to the $335,000 it sold for at the end of 2004. If this has a familiar look to it that may be because it was briefly under contract once before in September.

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 2016 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 23 2016

Cape San Blas Real Estate Week in Review – Dec. 17-23, 2016

Published by under Cape San Blas

For Sale and SoldLooks like folks focused on last minute Christmas gifts this week and set the real estate list aside for the time being; we closed four sales and added but two new contracts, entered no new listings and lowered one price. Our inventory took another dip downward, shedding three, closing the week at 248, with 84 homes and 164 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor market.

cape-san-blas-gulf-view-home-under-contract-september-2016-with-list-price-of-325000

The first of this week’s four sales is near The Tradin’ Post in Feather Sound, with a 2-bedroom, 2-bath, 900 square foot gulf-view beach cottage built in 1990. This was originally one of six cottages located at Stumphole until Hurricane Opal washed them off their foundations in 1995 when the road washed out. All but one of the buildings survived intact and were relocated to various lots on the Cape and renovated. This one became a good little rental property and has an interesting sales history: in July 2003 it sold for $285,000 and then resold a year later in August 2004 for $438,000. The current owners bought it in 2012 for $210,000, and accepted an offer on it in September with a list price of $325,000. On Wednesday is closed for $321,000.

cape-san-blas-gulf-front-lot-under-contract-december-2016-with-list-price-of-325000

Our second sale is located about a mile further south along Cape San Blas Road.  Here the parties closed on a 50′-wide gulf front lot just south of Scallop Cove listed for $325,000. This is one half of a 100′ lot the seller purchased in September 2014 for $234,000 and subsequently replatted into two 50′ lots. The new owners took title on Tuesday for $295,000.

cape-san-blas-gulf-front-condo-under-contract-sept-2016-with-list-price-of-299000

Who wouldn’t be attracted to a gulf front condo on the Cape with a $299,00 price tag?  Buyers penned a deal on this 3-bedroom, 2-bath, 1,176 unit in mid-September. The sellers bought it in late 2012 for $221,000, a real steal compared to the $515,000 it went for in in January 2005, and they sold it on Friday for $285,000.  Somebody’s getting a beach front condo for Christmas!

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Heading off the Cape now over onto C-30 to a gulf view lot on the north side of the road listed for $69,100. The 72′ by 193′, 0.32-acre lot was purchased by the sellers in February 2015 for $32,000. This was just posted in the MLS as sold this week, though the record indicates it actually closed on December 9th for $55,000.

Cape San Blas Bay View Lot Under Contract December 2016 with List Price of $55,000

Now on to our two new contracts beginning on the north end of the Cape. On Blue Heron Drive back behind Coneheads restaurant and just south of the state park boundary, buyers had their offer accepted on this 104′ by 208′ half-acre bay view lot listed for $55,000. The sellers have owned the property since 2001 when they bought it for $28,500.

SR 30 Lot Under Contract Dec. 2016 with List Price of $55,000

To wrap things up today we’ll head out over onto C-30 heading towards Port St. Joe to this 100′ by 220′, half acre lot also listed for $55,000.  Seems like we had a real market this week for $55,000 half-acre lots!  According to the MLS notes, this one is situated more than a mile from the CCCL line and therefore under the Gulf County RV Ordinance rules is eligible for RV permitting. The sellers bought the lot in 2000 for $14,900.

That brings us up to date for the week. The weather forecast says Santa is set to bring us bring us warm sunny Christmas weather in the 70’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 Happy Hanukkah, and I hope to see you back here next weekend for our final review of the year.

 

 

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Dec 17 2016

Cape San Blas Real Estate Week in Review – Dec. 10-16, 2016

Published by under Cape San Blas

For Sale and SoldThere was no let-up in Christmas shopping along the coast this week as we rang up an impressive six sales, wrote up four new contracts, added one new listing, and lowered the prices on four others. Our inventory took a nice dip, shedding eight, closing the week at 251, with 85 homes and  166 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor market. We have a lot of territory to cover today so let’s get right to it.

cape-san-blas-bay-view-home-under-contract-november-2016-with-list-price-of-629000

We’ll kick off our review of this week’s six sales on the Cape in Ovation, where buyers fell in love with this handsome 5-bedroom, 3 1/2-bath, 2,278 square foot bay view home listed for $629,000. It was built in 2014, and the sellers bought it in April 2015 for $575,000.  They put it on the market this past April asking $698,000, whittled that price down as the summer wore on, final reaching $629,000 by late October and in less than three weeks had it under contract. On Friday, happy new owners picked up the keys at closing for $615,000.

8-7-acres-of-cape-san-blas-gulf-frontage-under-contract-october-2016-with-list-price-of-4-852m

In the past two months we’ve seen two sales of adjacent large acreage, gulf-front parcels on the Cape, and this week the third large adjoining piece changed hands to a new owner. This stunning 8.7-acre piece with 417′ on the water and averaging 900′ deep was entered into the MLS on October 25 with a list price of $4.852 and showed as contingent that same date so it sounds as if the parties had already come to terms by the time the agent took the listing. The seller has had this parcel for quite some time so I didn’t find any sales history on the property appraiser’s site. On Friday they bid it farewell for $3.61M.

cape-san-blas-bay-front-tract-sold-dec-2016-for-250000

Directly across the street from this tract is a large bay front tract from which the buyer of the gulf front piece successfully negotiated a sale of the northern most 100′ of waterfront for $250,000.  So they now have a lot of beautiful land with both gulf and bay access. Sounds as if someone has a new development in mind.

two-bay-front-cape-san-blas-homes-with-shared-deck-under-contract-september-2016-with-list-price-of-449900

Here’s a bit of an unusual offering. We have a 101′ wide bay front lot with a total of an acre plus of land directly across from Pristine Properties Vacation Rentals. On it are two single family homes that share a common covered deck overlooking the waterfront. The buildings were relocated onto the property from elsewhere shortly after the seller bought the land in April 2013 for $119,500. They underwent major renovations and have been popular rental properties. Between the two of them they have six bedrooms and 4 full baths. They went under contract in late September with a list price of $449,900, and closed on Friday for $425,000

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We’ll leave the Cape and head on over to Gulf Pines where buyers just had to have this beautiful 75′ wide gulf front lot that’s a little over half an acre.  Gulf Pines is in a FEMA-eligible area, and has HOA fees of only $200 per year.  The sellers have owned this lot since way back in 1986 when they bought it for the unbelievable price of $35,000!  Slide that decimal point to the right by one to get it a little closer to their list price of $399,900, which they very nearly reached, signing over the title on Wednesday to the new owners for $389,900.

indian-pass-gulf-front-lot-over-looking-st-vincent-island-sold-dec-2016-for-350000-cash

Our sixth and final sale is over on Indian Pass where buyers were smitten with this 101′ by 643′, 1.3 acre piece of paradise overlooking St. Vincent Island. The seller bought it back in 1996 for $175,000, and has had it listed for $399,000. There’s a vintage mobile home on the lot, so there is already power, water and septic in place. She accepted an offer the buyers brought her last Sunday and on Friday they closed for $350,000 cash.

cape-san-blas-interior-lot-under-contract-dec-2016-with-list-price-of-55000

Now on to our four new contracts, kicking off on the north end of the Cape on Hemmingway Circle in Sunset Pointe where the parties shook hands on this 90′ by 125′, quarter-acre interior lot listed for $55,000. This is a pretty subdivision that’s platted into two sections, with one portion adjacent to the entrance to the state park, and the other portion showcasing the gulf front. This gated community has an attractive community pool, nature walks, and walkovers to the beach. The sellers bought the lot from the developer in mid-2004 for $210,000.

cape-san-blas-condo-under-contrac-dec-2016-with-list-price-of-329000

Here we are on the south side of the Cape in The Club at Cape San Blas for our second contract which is on an attractive 3-bedroom, 2 1/2-bath, 1,620 square foot townhouse style condo listed $329,000. When it was built at the height of the market in 2004, it sold for $499,900. This beautifully furnished home features gorgeous heart of pine floors, granite counter tops throughout, and 10 foot ceilings. The sellers purchased it as a short sale in August 2012 for $196,000.

waters-edge-lot-under-contract-dec-2016-with-list-price-of-29900

Back off the Cape and over on to C-30 to the first little subdivision on your left, Waters Edge, the site of our third contract. This is a 62′ by 248′ lot a little over a third of an acre. Waters Edges is tucked away under sprawling oaks and magnolias, features a pool and tennis court, and provides deeded gulf access directly across the street.  The sellers purchased this lot in 2004 for $210,000, and have it listed for $29,900.

indian-pass-lagoon-front-cottage-under-contract-dec-2016-with-list-price-of-225000

We’ll return to Indian Pass for our fourth and final contract which is on this little 1-bedroom, 2-bath, 1,096 square foot lagoon front cottage on Osceola listed for $225,000. It’s situated on a 1.6 acre lot that last sold in mid-1998 for $38,500.

Only eight more shopping days ’til Christmas, so if 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 holiday hustle and bustle, 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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