Dec 20 2014

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

Published by under Cape San Blas

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

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

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

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

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

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

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

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

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

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

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Dec 13 2014

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

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

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

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

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

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

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

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

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

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

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

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Dec 06 2014

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

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

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

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

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

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

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

 

 

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Nov 28 2014

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

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

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

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

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

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

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

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

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

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

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

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

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

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Nov 22 2014

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

Published by under Cape San Blas

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

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

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

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

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

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

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

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

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

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

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

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

 

 

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Nov 15 2014

Cape San Blas Real Estate Week in Review – Nov. 8-14, 2014

Published by under Cape San Blas

For Sale and SoldThe days are growing noticeably shorter with the recent time change, and it seems to have curtailed bargain hunting, too, as we managed to squeak out only one sale this week and three new contracts; sellers added  three new listings and changed prices on seven others. Not surprisingly, very little change in our inventory, closing down by two at 262, with 83 homes and 179 lots listed in the MLS in the Cape San Blas, Indian Pass and C-30 Corridor markets.

Our solo sale is a gulf front 4,401 square foot behemoth on Haven Road with 8 bedrooms, 7 full baths and 2 half baths all situated on a 55′-wide gulf front lot. The sellers bought that lot in mid-2001 for $270,000, built the house in 2005, and put it under contract three weeks ago as a short sale with a list price of $1,346,500.  Their buyer was doing a 1031 exchange and paid $1,250,000 cash at closing.

Cape San Blas Gulf Front Pre Construction Under Contract November 2014 with List Price of $869,000

The first of our three new contracts is a pre-construction package on a gulf front 5-bedroom, 4 1/2-bath, 2,800 square foot home being built in Rosemary Dunes.  The builder is offering the 51′ lot and home for $869,000.  Rosemary Dunes is a relatively new micro-subdivision just a bit south of Rish Park.

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

About two miles further south on Cape San Blas Road, our second contract is on a 2-bedroom, 2-bath, 780 square foot gulf view beach cottage listed for $279,000. It’s located in Turtle Dunes which features deeded gulf access for owners and a community pool.  The cottage was built back in 1991 and the sellers picked it up in late 2003 for $275,000.

Cape San Blas Gulf Front Lots Under Contract May 2014 as Short Sales with List Prices of $250,000

The last of our new contracts takes us down on the south side of the Cape to McCosh Mill Road in Piney Woods, where we have a gulf front lot that went under contract Saturday as a short sale with a list price of $250,000. This 1+ acre lot has roughly 57′ of waterfront and depth of about 890′, with X zone, and sold for $700,000 back in May 2005.  The adjacent gulf front lot sold just two weeks ago for $220,000 cash.

It’s been a chilly week for sales, but hopefully things will warm back up by next Saturday; if you’re interested in stoking the fire by either buying or selling, by all means let me know. Call me or text 850-227-5197 or email sherri@sherridodsworth.com. Have a terrific week, stay warm, and thanks so much for taking a few minutes to stop by today.

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Nov 07 2014

Cape San Blas Real Estate Week in Review – Nov. 1-7, 2014

Published by under Cape San Blas

For Sale and SoldBoth the weather and our market cooled off a bit this week as we closed just two sales and added only two new contracts.  Sellers added five new listings, and changed prices on six others. Our inventory swelled by seven, closing at 264, with 84 houses and 180 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor market.  Let’s see which properties moved.

Cape San Blas Gulf Front Duplex Under Contract August 2014 with List Price of $299,900

The first of our two sales is a classic little beach cottage under contract since early August with a list price of $299,900. This 1,300 square-foot, 2-bedroom, 2-bath, attached home was built in 1992, and shares a stairway entrance with its sister unit next door. The sellers bought it in January 2004 for $320,000, and sold it on Monday for $299,000.

Cape San Blas Gulf Front Lot Under Contract October 2014 with List Price of $275,000

Our other sale was in Turtle Dunes, a little beach front community just north of Scallop Cove.  This is a 60′ wide gulf front lot under contract since the first week of October with a list price of $275,000, and appears to be a bank-owned property though it isn’t identified as such in the MLS. According to county records, the seller acquired it from the developer through foreclosure.  On Monday it went for $299,000.

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

Just two new contracts to look at, the first of which we saw here previously in early September when it had a contract that subsequently failed.  It’s an absolute gem of a property, a 9 1/2-acre bay front parcel with 830′ of waterfront. Overlooking the bay is this impressive 8-bedroom, 6 1/2-bath, 5,144 square foot fixer-upper of a home.   This bank-owned stunner is under contract once again with a list price of $998,000.

Bank-Owned Cape San Blas Interior Lot Under Contract November 2014 with LIst Price of $49,900

We’ll head down to the south side of the Cape for our second sale, an interior lot on Mercury Lane in Surfside Estates near The Sand Box BBQ & Grill. This 124′ by 110′, third of an acre bank-owned lot is listed for $49,900.

That sure didn’t take long.  Looks as if things are quieting down early for the start of the holiday season.  If you’re interested in finding out more on either buying or selling, I’d love to hear from you. Call or text me at 850-227-5197 or write me at sherri@sherridodsworth.com .  Have a great week and thanks so much for taking time to stop by today.

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Nov 01 2014

Cape San Blas Real Estate Week in Review – Oct. 25-31, 2014

Published by under Cape San Blas

For Sale and SoldHalloween goblins didn’t scare off our buyers this week as we closed six sales, and wrote up two new contracts. Sellers listed four properties and changed the prices on five others, two of which are price increase. We shaved five off of our inventory, closing the week at 257,  with 80 houses and 177 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor markets. Let’s see what kinds of treats our buyers and sellers found.

Cape San Blas Gulf Front Lot in Secluded Dunes Under Contract September 2014 with List Price of $395,000

We’ll begin our review of this week’s six sales up in Secluded Dunes. A Realtor was working with a buyer who wanted a lot in this neighborhood, but none were currently listed.  She checked with the owner of this lot who said they’d be willing to sell it for $395,000 which the buyers agreed to, and voila! The parties went to the closing table and closed for $395,000. It never hurts to ask.

Cape San Blas Gulf View Home at Seagrass Under Contract September 2014 with List Price of $449,000

Seagrass was a popular place this week as its the site of our next two sales. First up is this attractive 4-bedroom, 4-bath, 2,162 square foot home under contract since the first week of September with a list price of $449,000.  This vacation rental home has awesome gulf views, even though it sits five lots back from the beach. It has a nice pool, and is in the “X” zone.   On Friday it closed for $425,000; the lot alone sold in early 2005 for $432,000.

Bank-Owned First Tier Lot in Seagrass Under Contrat September 2014 with List Price of $147,000

Our second Seagrass closing is a bank-owned first tier lot under contract since mid-September with a list price of $147,000. All of the lots in this subdivision are in the “X” zone, and all have deeded gulf access. In January of 2004 this property sold for $225,000, and those folks sold it a year later for $650,000. This time around it went for $140,000.

Cape San Blas Gulf Front Lots Under Contract May 2014 as Short Sales with List Prices of $250,000

Our next two sales are both down on the south side of the Cape, on McCosh Mill Road in Piney Woods, beginning with a gulf front lot under contract as a short sale with a list price of $250,000. This 1+ acre lot has roughly 57′ of waterfront and depth of about 890′, with X zone, and sold for $700,000 back in May 2005. As far as short sales go, it closed pretty quickly, the opening offer having been submitted at the end of July; this week the bank finally gave its stamp of approval and the new owners took title to their beach dream on Friday for $220,000 cash.  This lot is going to make an absolutely lovely beach front home site for them.

Piney Woods Interior Lot Sold October 2014 for $35,500

The other PIney Woods sale is an interior lot near the beginning of McCosh Mill Road. Back in February, this seller bought this and the adjacent lot for $35,000 from a bank.  He listed this one two months later for $35,000, then raised the price shortly thereafter to $39,000, and had it under the first week of October. He realized a nice return on investment closing this week for $35,500.

Bay View Lot on C-30 Corridor Under Contract September 2014 as Short Sale with List Price of $187,000

Our fifth and final sale takes us out onto C-30,  heading north along the Scenic Corridor through Treasure Bay to this 103′ by 220′ lot that went under contract in early September as a short sale for $39,000. The owners bought it in the summer of 2004 for $187,000, and prior to that it had sold in 1990 for $9,600.On Thursday it sold for $27,500 cash.

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

The first of our two new contracts is a 3,666 square foot, 5-bedroom, 4 1/2-bath gulf front home in Cape Isle Preserve down near the rocks at Stumphole.  It’s listed for $699,000; in 2004 the lot alone sold for $650,000.

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

Our other contract is in idyllic Indian Summer at Indian Pass. It’s a short sale first tier lot measuring 68′ by 170′ listed for $69,000. The sellers bought it in late 2004 for $415,000.   This is such a pretty and peaceful little subdivision tucked away off the curve at Indian Pass Road.

So that means we’re officially wrapped up for the week then. I’m heading over to Apalachicola for the afternoon to enjoy the Florida Seafood Festival which as always should be a lot of fun, especially as nice as the weather is today; cool, clear and breezy, with an afternoon forecast high of about 60. Planning on enjoying some great seafood and good times with old friends. If you’re in the area, hope to see you there. If you’re interested in info on joining us here on the coast as either a full-time or part-time “Caper”, give me a call or text me at 850-227-5197 or shoot an email to sherri@sherridodsworth.com . Looking forward to hearing from you. Have a great week and thanks so much for taking time to stop by this afternoon.

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Oct 25 2014

Cape San Blas Real Estate Market Week in Review – Oct. 18-24, 2014

Published by under Cape San Blas

For Sale and SoldAction finally resumed around here this week as we closed four sales and added one new contract, seven new listings, and three price changes.   Our inventory grew by two, closing the week at 262, with 81 homes and 181 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor MLS. Let’s see what’s cooking.

Secluded Dunes Gulf Front Lot Under Contract September 2014 with List Price of $399,000

The first of our four sales is on the north end of the Cape in Secluded Dunes where this 69′ wide gulf front lot went under contact on Tuesday with a list price of $399,000. The seller bought it back in 2001 for $299,900 which, in inflation-adjusted dollars, is the equivalent today of $403,004. On Friday they sold for $319,000 cash.

Two Adjacent Interior Lots at Secluded Dunes Under Contract October 2014 with Combined List Price of $119,000

Our second closing was also in Secluded Dunes, with two lots which actually border the state park. This 150; by 250′, 0.84 acre property was offered for $119,000, and sold for an even $100,000, also cash.

Cape San Blas Cottage Under Contract August 2014 with List Price of $174,900

We’ll head about three miles down the beach to Jamaica Drive where if you wander down the road next to the Tradin’ Post you’ll come to this cozy little 2-bedroom, single-bath, 520 square foot beach bungalow that went under contract in late August with a list price of $174,900.  The sellers picked it up in 2003 for $145,000, and sold it this week for $172,500.

Gulf Pines Duplex Under Contract August 2014 with List Price of $599,900

We’re leaving the Cape and heading over to Gulf Shores for our fourth and final sale. Here we have a gulf front home adjoined to a matching unit by a small deck and stairway. It was marketed as a single package, with the two sides listed for $599,900. Between them they have 3,356 square feet under heat and air, and a total of 6 bedrooms and 4 1/2 baths. It was built in 1983 and is on a 100′ wide lot. The new owners picked up the keys at closing on Friday for $512,500.

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

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

That does it for this week. People are picking up on some great deals right now. Let me know if you’re interested in finding out about other opportunities; call or text me at 850-227-5197 or send me an email to sherri@sherridodsworth.com . I love helping turn readers in to neighbors. Thanks so much for taking time to stop by today. Hope to hear from you soon.

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Oct 18 2014

Cape San Blas Real Estate Week in Review – Oct. 11-17, 2014

Published by under Cape San Blas

For Sale and SoldWe had another quiet week, closing only two sales and adding but two new contracts. Sellers added five new listings and made one price change.  Not surprisingly, our inventory remains unchanged closing once again at 260, with 82 homes ad 178 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor MLS market.

Cape San Blas First Tier Lot Under Contract September 2014 with List Price of $149,900

The first of our two sales is on the north side of the Cape in Peninsula Estates, where we have a 78′ by 193′, one-third acre first tier lot that went under contract in early September with a list price of $149,900. The owner bought this “X” zone lot from a bank in mid-2012 for a mere $103,000, and sold it on Wednesday for $140,000, a nice return on investment in less than two years.

Cape San Blas Gulf View Lot Under Contract October 2014 with List Price of $119,000

About two miles to the south on the Cape our other sale is on Summerhouse Lane in San Dunes.  Buyers penned a contract two weeks ago on this quarter-acre, “X” zone lot listed for $119,900. This isn’t listed as a short sale, even though the owners paid $590,000 for it in 2005.  The year before that, it sold for $335,000, a far cry from the $114,900 it sold for this week,

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

We return to the north side of the Cape for the first of our two new contracts, this time stopping by Barrier Dunes where we have a bank-owned 37′ by41′ interior lot on Lakeshore Drive under contract with a list price of $37,900.   Though known primarily for its popular townhomes, Barrier Dunes also has a section set aside for single family dwellings.

Cape San Blas Gulf Front Lot Under Contract October 2014 with List Price of $275,000

We’ll wrap things up today in Turtle Dunes, a little beach front community just north of Scallop Cove.  This is a 60′ wide gulf front lot listed for $275,000, and appears to be a bank-owned property though it isn’t identified as such in the MLS. According to county records, the seller acquired it from the developer through foreclosure.

And that does it. I guess folks have a little Fall Fever and taking a break from real estate shopping to be out and about enjoying this gorgeous weather. If you’re in the area this weekend, be sure to check out the annual Songwriters’ Festival Blas on the Bay, with Nashville songwriters offering up free concerts all over the Cape, Indian Pass, Port St. Joe and Mexico Beach. It’s three full days of great music, great food, and a whole lot of fun. Sweet!  Wherever you are, have a great week, and I hope to see you back here soon.  If you have any real estate questions, call or text me at 850-227-5197 or drop a note to sherri@sherridodsworth.com.

 

 

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