Archive for July, 2018

Jul 20 2018

Cape San Blas Real Estate Week in Review – July 14-20, 2018

Published by under Cape San Blas

For Sale Sold SignBack-to-back good weeks, with three closings and six new contracts.  Sellers added twelve new listings, and changed prices on four others.  Even with all those new listings, our inventory managed to dip down back below 300, ending the week at 299 with 88 homes and 211 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor MLS market. Let’s see what’s moving.

Cape San Blas Bay View Lot Under Contract June 2018 with List Price of $59,900

We’ll begin our review of our three sales on the north end of the Cape, starting off with one located all the way up in Sunset Pointe by the State Park where this 80′ by 150′, quarter-acre lot went under contract on in late June with a list price of $59,900. The seller bought it at the end of 2012 for $30,000 and sold it on Friday for $59,500. Prior to that it had sold in early 2004 for $230,000.

Cape San Blas Lot in Jubilation Under Contract May 2018 with List Price of $57,000

Down on the south side of the Cape in Jubilation, the parties closed on this 50′ by 80′, 0.09 acre interior lot listed for $57,000. The seller bought it in mid-2004 for $260,000, and sold it last week for $54,000.

Cape San Blas Lot Under Contract June 2018 with List Price of $65,000

When entering San Blas Plantation, the first side street you come to is Plover Drive, home to this 181′ by 141′, third-of-an-acre X zone lot listed for $65,000. It’s a fourth tier property which should still afford gulf views from a home built on pilings.  All of the lots in this neighborhood enjoy deeded gulf access via a community walkover to the beach and bay access as well. The sellers bought it in May of 2017, and sold it on Friday for $50,000.

Secluded Dunes First Tier Lot Under Contract July 2018 with List Price of $219,000

The first of our six new contracts is in the northernmost subdivision on the Cape, the gated community of Secluded Dunes, where sellers accepted an offer on their 72′ by 358′, 0.6-acre, first tier lot with gulf views. They bought it in 1998 for $43,000, and have it listed for $219,000.

Barrier Dunes Townhouse Under Contract July 2018 with List Price of $249,9000

A short stroll down the beach is Barrier Dunes, home to this 3-bedroom, 3-bath, , 1,377 square foot interior townhome on Parkside Circle listed July 11. It went under contract 4 days later with a list price of $249,900. The sellers bought it in late 2016 for $189,900.

Bay Front Lot Under Contract July 2018 with List Price of $250,000

Across the street from Seagrass, buyers penned an accepted offer on this 100′ by 800′, 1.85-acre bayfront lot. It was listed and marked under contract the same day with a price of $250,000 so this apparently is a deal negotiated in advance of it appearing in the MLS.

Piney Woods New Construction Under Contract July 2018 with List Price of $425,000

The Cape has been experiencing an unprecedented building boom in the past two years, and our next contract is a prime example, with buyers writing an accepted offer on this proposed 4-bedroom, 3-1/2-bath, 1,888 square foot water view home on McCosh Mill Road in Piney Woods subdivision, a popular neighborhood on the south side of the Cape with deeded beach access for all owners and a community pool.

In nearby Surfside Estates, sellers accepted an offer on their 4-bedroom,, 3-1/2-bath, 1,744 square foot gulf view home on a quarter-acre lot listed for $489,900.

Cape San Blas Bay View Lot Under Contract July 2018 with List Price of $119,900

To wrap things up, we’ll turn left off of Cape San Blas Road stopping shortly thereafter at this 138′ by 252′, 0.76-acre bay view lot. It offers unobstructed bay views as the Sate of Florida owns the bay front parcel in front of it. The seller bought it in Mid 2012 for $35,000 and has it listed for $119,900.

And that does it for today. I am taking two weeks off so I hope to see you back then when I’ll be tanned, rested and ready to bring you up to date with all the latest real estate news from the Cape. Until then, enjoy these final few weeks of summer, stay safe, slather on that sunscreen and as always, thanks so much for taking time out of your busy schedule to stop by.

 

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Jul 14 2018

Cape San Blas Real Estate Week in Review – July 7-13, 2018

Published by under Cape San Blas

For Sale Sold SignWow! The buyers are back in force.  After a couple of back to back slow weeks, this week we closed three sales and added nine new contracts.  Sellers posted For Sale signs on sixteen new listings, and changed prices on six others.  Even with all those new listings, our inventory inched up only by two, closing at 300, with 89 homes and 211 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor market. Let’s take a look at what’s moving.

Bay View Home in Ovation Under Contract June 2018 with List Price of $569,000

The first of our three sales is in the gated community of Ovation which spans from gulf to bay and features lovely amenities such as two pools, a bay-front beach, community center, fitness facilities and tennis courts. This bay view home was snapped up almost immediately when it debuted in the MLS the first week of June. It’s a 4-bedroom, 3-1/2-bath, 2,143 square-foot bay view home listed for on an X-zone lot, and sold fully furnished. The sellers bought it just three years ago for $459,000, listed it for $569,000, and handed over the keys to the new owners on Friday for $555,000.

Cape San Blas Gulf Front Cottage Under Contract June 1028 with List Price of $749,000

Next up, we’re stopping just a bit south of Scallop Cove, where the parties went to closing on this 2-bedroom, 2-bath, 900 square foot gulf front cottage listed for $749,000.  It was built in 1985 but after the sellers bought it in late 2013 for $370,000, they totally renovated the place transforming and updating it into a welcoming and attractive coastal retreat. Those renovations include a brand new kitchen with a transformed layout, all new cabinets and appliances. On Tuesday the new owners took title for $745,000 cash.

Gulf Front Lot Near Cape San Blas Under Contract June 2018 with List Price of $359,900

We’ll head out onto C-30 for our third sale which is this 50′ wide by 370′ deep gulf front lot in Water’s Edge, the second subdivision  you come to after turning right off of Cape San Blas Road and heading east.  The majority of this neighborhood is on the north side of C-30, but the subdivision does have this and one other gulf front lot. The seller bought this lot in the summer of 2003 for $500,000, had it listed for $359,900, and let it go on Friday for $350,000 cash.

Gulf Front Townhouse at Barrier Dunes Under Contract July 2018 with List Price of $585,000

The first two of our nine new contracts are on the north end of the Cape in Barrier Dunes starting with this 3-bedroom, 3 1/2-bath, 1,865 square foot gulf front townhouse that was snapped up in just three days after it hit the MLS.  The sellers paid $455,000 for it in 2004 and made improvements over the years, including a totally remodeled kitchen with new cabinets and granite countertops.  They are asking $585,000 for it.

Barrier Dunes Unit Under Contract July 2018 with List Price of $335,000

The second contract at Barrier Dunes is on a 2-bedroom, 2 1/2-bath 1,216 square foot gulf view unit listed for $335,000. The sellers bought it in 2012 for just $200,000. Since then they made major improvements, renovating the kitchen, replacing all the flooring on the first level, adding new furnishings and fresh paint throughout.

One of 2 Adjacent Cape Lots Under Contract July 2018 Each Individually Priced at $69,000One of 2 Adjacent Cape Lots Under Contract July 2018 With a Combined Price of $138,000

Seems we’re doing things in pairs today, as our next two contracts are on adjacent lots on the corner of Sandlewood and Robinwood Drives in Peninsula Estates. This is one of the original subdivisions on the Cape, spanning from bay to gulf with all properties conveying with deeded access to both.  There is no HOA or HOA fees. It is located about a mile south of the entrance to the state park.  Each of these two lots is listed for $69,000; the owners have had them for so long I’m not finding any sales data on them on the property appraisers site.

Gulf View Cape San Blas Home Under Contract July 2018 with List Price of $575,000

About half a mile further south is Cape Breezes, another original Cape neighborhood platted about the same time as Peninsula Estates in the late 70’s.  It, too, spans from gulf to bay with deeded access to each, with no HOA or HOA fees.  On the corner of Cape San Blas Road and Starboard Street, buyers had their offer accepted on this handsome 3-bedroom, 3-bath, 1,888 square foot gulf view home listed for $575,000.  Even though this sits on the bay side of CSB Road, the views of the gulf from the home are really impressive, and it is only a short stroll over to the beach walkover. The home was built in 2005 and the current owners bought it in early 2016 for $363,500 and have made major improvements to the property since then such as adding an elevator, replacing porch rails, adding south-facing windows, fencing the backyard, adding an RV parking area, and totally landscaping the entire half-acre lot. The adjacent half-acre lot on the south side is available for $149,000.

Bay View Home in Boardwalk Under Contract July 2018 with List Price of $325,000

Down on the south side of the Cape, our next new contract is in Boardwalk where this 3-bedroom, 2-bath, 1,458 square foot bay view home went under contract last Sunday with a list price of $325,000. Boardwalk is a quiet, residential neighborhood from the mid-1980’s. It has a lovely community pool over looking the gulf, and a very nice walkover to the beach. The sellers of this home are the original owners with records indicating they bought the lot in 1987.

Irregularly Shaped Gulf Front Lot at Cape San Blas Under Contract July 2018 with List Price of $299,950

About a third of a mile on down the road, this irregularly-shaped, 1.22-acre gulf front lot next door to Cape Dunes went under contract on Monday sporting a $299,950 price tag. It was carved out of a parent parcel that sold in 2001 for $288,900.

Gulf Front Lot Under Contract July 2018 with List Price of $279,000

We’re back out on C-30 heading over to Sweetwater Shores in Money Bayou where sellers accepted an offer on their 63′ by 490′, .71-acre gulf front lot listed for $279,000. It hit the MLS on Monday and was under contract by Friday. The seller bought it in 2004 for $750,000. Ouch.

Indian Pass Canal Front Lot Under Contract July 2018 with List Price of $99,000

We’ll wrap things up today over on Indian Pass where this canal-front lot on Painted Pony Drive in Indian Summer went under contract on Friday with an asking price of $99,000. The three quarters of an acre lot is 90′ wide, 340′ deep, and offers beautiful views of Indian Pass Lagoon. The sellers bought it a little over a year ago for $72,000. I guess they had a change of plans.

That’ll do it for this week. Glad to have so much activity going on as people are snapping up great deals on premium properties. If you’re looking for terrific values, there’s no time like the present to start searching, and I’ll be glad to help you with that. Simply call or text me at 850-227-5197 or use good old reliable email to sherri@sherridodsworth.com. Get in on the sales action here at the Cape where the only thing hotter than the weather is our real estate market. Have a terrific week, keep cool, and hope to see you back again next week. Thanks for stopping by today. Take care.

 

 

 

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Jul 06 2018

Cape San Blas Real Estate Week in Review – Jun 30-Jul 6, 2018

Published by under Cape San Blas

For Sale Sold SignWe had a wonderful Independence Day celebration here along the coast with basically any home that could be rented occupied with happy visitors. The weather and water were fine and everybody seemed to have a really good visit.   Only a few took time away from the fireworks and festivities to pursue real estate ventures, as we closed five sales but wrote up just two new contracts. Sellers added eight new listings, and changed prices on five others.  Our inventory inched up by two, closing the week at 298, with 87 homes and 211 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor MLS.  Let’s see what caught buyers’ eyes.

Cape San Blas Townhome Under Contract May 2018 with List Price of $272,500

Two of our five sales are on the north end of the Cape in Barrier Dunes, the first of which being this 3-bedroom, 3-1/2-bath, 1,888 square foot unit on Parkside Circle listed for $272,500.  The sellers bought it in late 2003 for $235,000, and have done a number of improvements since then, such as replacing the roof in 2012, painting the exterior in 2016, replacing the refrigerator in 2014 and the range and dishwasher in 2015.  On Tuesday the new owners took title for $267,000.

Barrier Dunes Townhouse Under Contract June 2018 with List of $250,000

Our second sale is this 2-bedroom, 2-1/2-bath, 1,377 square foot townhouse also on Parkside Circle listed for $250,000. The sellers are the original owners having bought it in 2003 from the developer for $188,600. On Thursday they bid it adieu for $235,000 cash.

Cape San Blas Gulf Front House Under Contract March 2018 with List Price of $799,000

Less than two miles down the beach on White Sands Drive in San Blas Shores, the parties went to closing on this 2-bedroom, 3-bath, 1,956 square foot gulf front home listed for $799,000. According to county records it was built around 1986 and has been very well-maintained over the years. It’s a popular rental known as Green House and is being sold turn-key. On Friday it sold for $780,000.

Newly Built Gulf Front Home at Capae San Blas Under Contract May 2018 with List Price of $1.449M

There was more gulf front on this newly built 4-bedroom, 4-1/2-bath, 3,515 square foot gulf front home on Summerhouse Lane in Sea Dunes subdivision. The sellers bought the 50′ wide lot in the summer of 2004 for $725,000 and had the home built in the past year, adding the finishing touches just a few weeks ago. It was professionally furnished by Lemongrass Interiors of Port St. Joe, a design firm recently featured on a Cape San Blas edition of HGTV’s Beachfront Bargain Hunt: Renovation.

Money Bayou First Tier Spec Home Under Contract June 2018 with List Price of $679,000

For our fifth and final sale, we’ll leave the Cape and head over to Griffin Avenue in Money Bayou to a 4-bedroom, 3-bath, 2,20 square foot first tier home also completed just this year.  The sellers bought the 53′ wide lot in 2004 for $399,000, listed the house for $679,000, and sold it on Tuesday for $650,000. This is a FEMA eligible area and there is no HOA in this neighborhood.

Cape San Blas Gulf Front Home Under Contract July 2018 with List Price of $899,500

Only two new contracts this week, the first of which is on Belize Drive on the Cape, about a quarter mile south of the Trading Post. Buyers wrote an accepted offer on this attractive 3-bedroom, 3-1/2-bath, 1,997 square foot home situated on a 61′ wide gulf front lot.  The sellers bought it in the summer of 2015 for $520,000 and have it listed for $899,500.  They have updated the bathrooms and added a 12ft x7.5ft Swim Spa, 800 feet additional deck and an outdoor shower. The home has been professionally decorated, and is being sold fully furnished.

Bay Front Lot Near Cape San Blas Under Contract July 2018 with List Price of $115,000

Our other new contract is on a 100′ wide bay front lot on Sandbar Drive in Treasure Bay, the second subdivision on your left when you leave the Cape and head towards town. This western-facing property with gorgeous sunset views last sold in early 2015 for $115,000. Treasure Bay is a quiet little neighborhood and is in a FEMA-eligible area.

That’ll do it for this week. We’ve covered a wide variety of properties today and, as you can see, there are still a lot of good values to be had. If you’re interested in seeing what you might be able to pick up for yourself, please call or text me at 850-227-5197 or send an email to sherri@sherridodsworth.com. Have a terrific week, and thanks so much for taking time out to stop by today.

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