Archive for November, 2017

Nov 17 2017

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

Published by under Cape San Blas

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

 

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Nov 10 2017

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

Published by under Cape San Blas

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

Ovation Interior Lot Sold November 2017 for $42,500

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

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

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

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

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

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

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

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

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

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

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

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

 

 

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Nov 04 2017

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

Published by under Cape San Blas

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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