Archive for the 'Cape San Blas' Category

Sep 23 2016

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

Published by under Cape San Blas

For Sale and SoldWe had an unusually quiet week for some unknown reason, with no closings at all, and just four new contracts. Sellers added five new listings to the mix, and made two price changes.  Our inventory whittled away three, closing at 265, with 96 homes and 169 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor MLS.  I’m noticing that the trend recently has been for an increase in housing inventory with an increasing demand for lots as our overall inventory has been trending towards shrinking.

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We have just have four new contracts to look at this week and all of them are on the north side of the Cape, starting with this 80′ by 146′, roughly quarter-acre lot on Park Point Drive in Park Point, one of the northernmost communities on the Cape, with the state park bordering the community along its eastern boundary. Back in the hey day of 2004 this lot sold for $242,500; the current owners picked it up in January 2014 for $26,000, and accepted an offer on it on Friday with a list price of $49,000.

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Our second contract is just next door on Hemmingway Circle in Sunset Pointe where this  77′ by 148′, quarter-acre lot went under contract on Monday with a list price of $48,900, a far cry from the $425,000 it sold for in the summer of 2005.

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In nearby Seacliffs, a newly listed 4-bedroom, 4 1/2-bath, 1,944 square foot townhouse generated a lot of interest, with multiple offers submitted.  It has gulf views, and is being sold furnished. The sellers bought it in late 2012 for $210,000 and have it listed for $269,000.

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Just a bit south of Rish Park on Westwind Drive buyers had their offer accepted on this 82′ by 194′, 0.37-acre lot listed for $133,000. It’s located in Paradise Gulf-Paradise Bay, and includes deeded gulf and bay access.  The sellers bought it in 2002 for $118,000.

That’s a wrap for this week. If you’re interested in seeing what you might be able to find along the coast for yourself while prices are so low, or if you’re thinking of selling, I’d love to hear from you. I’ll be glad to help you either way. Call or text me at 850-227-5197 or shoot me an email to sherri@sherridodsworth.com . Have a terrific weekend and thanks for taking a few minutes to stop by today.

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Sep 16 2016

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

Published by under Cape San Blas

For Sale and SoldAs summer begins to fade and the quieter days of autumn return to our beaches, the sizzling hot action of the past few months simmered down a bit giving us a moderately active week with two closings and six new contractssix new listings and seven price changes.  All that activity added three to our inventory, closing the week at 268, with 94 homes and 174 lots listed for sale in the MLS in the Cape San Blas, Indian Pass and C-30 Corridor market.

Gulf Front Lot Under Contract August 2016 with List Price of $325,000

The first of our two sales is a 60′ by 414′ deep, 0.63-acre gulf front parcel at Curve at the Cape listed for $325,000. They bought it in the summer of 2004 for $650,000, and sold it this week for $250,000.

Second Tier Gulf View Lot Under Contract June 2016 with List Price of $65,000

This is a photo of Treasure Shores, to the north of which lies Treasure Shores First Addition consisting of a series of second tier lots. Our second sale is a three-quarters of an acre lot, measuring 100′ by 330′ that went under contract back in mid-June with a list price of $65,000. The sellers bought it in mid-1998 for $120,000, and sold it on Friday for $57,000.

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We’ll kick off our review of this week’s six new contracts on the north end of the Cape in Park Point, where the quiet seclusion of this quarter-acre lot in Park caught a buyer’s attention.  The sellers bought just last summer in July 2015 for $40,000, and had it listed for $64,900. When the developer sold it back in 2003, it went for $179,000.

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Buyers were shopping the quiet side apparently this week with contract number two being in Sunset Point, a subdivision adjacent to the south side of Part Pointe.  Here buyers had their offer accepted on a 80′ by 137′, quarter acre parcel listed for $57,900.  Interesting sales history here. The developer sold it in early 2004 for $190,000; it next sold on the courthouse steps for $20,200 in May of 2013. Just five months later in October 2013, those buyers sold it for a nice little quick profit at $33,000.

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Contract number three is on a 117′ by 413′ first tier lot in Secluded Dunes listed for $99,000. This gated community truly offer seclusion, and all properties include deeded gulf access. The seller bought this in a multi-property purchase years ago so there is no meaningful recorded sales data for this parcel.

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Down on the south side of the Cape in Jubilation this handsome 4-bedroom, 3-1/2-bath, 2,403 square-foot spec home went under contract on Monday with a list price of $499,900. 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 last October for $43,000, a real bargain compared to the $335,000 it sold for at the end of 2004.

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Our next contract is also in Jubilation, just around the corner from the previous house. It’s a 46′ by 119′ interior lot listed for $79,900. Back in 2004 it sold for $305,000.

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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 on Monday. 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.

That’s a wrap for this week. Lots going on – if you’re interested in finding a great value of your own, call or text me at 850-227-5197 or contact me at sherri@sherridodsworth and we’ll get started. I hope to hear from you soon, and really appreciate your taking time to stop by today.

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Sep 09 2016

Cape San Blas Real Estate Week in Review – Sep. 3-9, 2016

Published by under Cape San Blas

For Sale and SoldSeptember sales continue to roll right along as we logged another good week, with five sales, three new contracts, four new listings, and price changes on three others. Our inventory remains essentially unchanged, closing down just one at 264, with 91 homes and 173 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor MLS.

Gulf View Lot at Secluded Dunes Under Contract July 2016 with List Price of $139,000

The first of our five sales is on the north end of the Cape in Secluded Dunes where this 102′ by 372′, 0.85 acre first tier lot went under contract in mid-July with a list price of $139,000. The seller purchased this with a number of other parcels in mid-2000 so no individual sales data on this lot alone. He sold it on Tuesday for $120,000.

Cape San Blas Gulf View Home Sold September 2016 for $512,000

Is that a great view or what?! I never tire of the beauty of our beautiful teal coastal waters. On Tuesday happy new buyers claimed that view as their own when they closed on this 4-bedroom, 4 1/2-bath, 1,824 square foot home on Belize Drive.  Built in 2002 on a half-acre lot, the sellers bought it in January of 2013, had it listed for $539,000, and sold it for $513,000.

Interior Lot on the South Side of the Cape Under Contract August 2016 with List Price of $44,900

Sale number four is a 110′ by 130′, one-third-acre interior lot in San Blas Plantation that went under contract the first week of August with a list price of $44,900. This subdivision offers deeded gulf access to each owner, and has a reciprocal agreement with the Eventide subdivision across the street with whom they share a bay access agreement. In December 2004 this lot sold for $240,000, and on Thursday it closed for $40,000.

Second Tier Gulf View Lot on C-30 Under Contract July 2016 with List Price of $52,000

We’ll leave the Cape and travel east on C-30 towards the world famous Indian Pass Raw Bar, stopping in Sweetwater Shores where buyers took to a 70′ by 195′, one-third acre second tier lot on the north side of C-30. The sellers bought it in a bank sale in early 2014 for $37,000, had it listed for $52,000, and sold it on Tuesday for $45,000.

Treasure Shores Gulf Front Home Under Contract August 2016 with List Price of $899,900

Our fifth and final sale is this 4-bedroom, 3-bath, 1,886 square foot gulf front home in Treasure Shores listed for $899,900. The home was built in 1997 and is situated on a 75′ wide gulf front lot. It’s a popular rental property, generating a gross rental income last year of a very impressive $130,050. The sellers bought it in January 2009 for $625,000, and handed over the keys at closing on Friday for $875,000.

Gulf View Ovation Home Under Contract September 2016 with List Price of $665,000

Yes, our gulf waters really look like that. The first of this week’s three new contracts is on the beautiful 3-bedroom, 3-bath, 2,205-square foot custom home in Ovation listed for $665,000. Every room affords spectacular gulf and/or bay views. Back in the summer of 2005 the developer got $450,000 for the lot alone. By 2012, it was a bank-owned property and today’s sellers picked it up for the bargain basement price of just $65,000.

Gulf Pines First Tier Home Under Contract September 2016 with List Price of $549,000

Buyers were all about those water views this week. Our second sale is over in Gulf Pines and it’s on a 3-bedroom, 3-bath, 2,400-square foot first tier home listed for $549,000.  It’s FEMA eligible and has a separate suite downstairs. The sellers have owned it since 1995 when they bought it for $130,000.

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

To wrap things up today we return to Treasure Shores where buyers had their offer accepted on this quarter-acre first tier lot.  Treasure Shores is also a FEMA eligible neighborhood.  The sellers bought it in early 2000 for $55,000, and went under contract last Sunday with an asking price of$149,900.

That does it for this week. Lots going on – if you’re interested in finding a great value of your own, call or text me at 850-227-5197 or contact me at sherri@sherridodsworth and we’ll get started. I hope to hear from you soon, and really appreciate your taking time to stop by today.

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Sep 05 2016

Cape San Blas Real Estate Week in Review – Aug. 27 – Sep. 2, 2016

Published by under Cape San Blas

For Sale and SoldHermine threatened our area throughout the day on Thursday, but fortunately for us, drifted eastward during the evening, leaving relatively minor damage in its wake relative to what we were braced for from the original forecasts. The west-facing beach took some hits, with many beach walkovers washed away, typical when tropical storms pass through, and several homes and townhouses that were already dealing with erosion issues had those problems worsened that much more. I am not aware of any structures here actually being lost to the storm. We never lost power.  From damage being reported elsewhere, we really feel as if we dodged a bullet.

Hermine didn’t rain on our real estate parade at all, as we had a strong week, closing seven sales and putting five properties under contract. Sellers added seven new listings, and changed prices on five others.  All that activity chopped a nice chunk out of our inventory, dropping it by eleven to close the week at 265, with 90 houses and 175 lots listed for sale in the Cape San Blas, Indian Pass, and C-30 Corridor MLS.

Cape San Blas Barrier Dunes Townhouse Under Contract July 2016 with List Price of $192,500

The first of our seven sales is on the north end of the Cape in Barrier Dunes where the parties closed on this 2-bedroom, 2 1/2-bath, 1,388 square foot townhouse listed for $192,500. This unit is just across from the little playground area near the park side of the complex.  The sellers purchased the property in late 2002 for $165,000http://capesanblasblog.com/wp-content/uploads/2016/09/Bay-View-Lot.jpg

About a mile down the road on the bay side of Ovation, our second sale is this 37’ by 118’, 0.12-acre lot overlooking beautiful St. Joe Bay with a totally unobstructed view listed for $114,900. The sellers bought it exactly one year ago for $105,000, the same price they closed for on Friday.

Cape San Blas Bay Front Home Under Contract June 2016 with List Price of $449,900

Our next stop is Hibiscus Bay, a pretty little community south of Rish Park with deeded gulf access and a nice community pool. A happy new owner took title to this pleasant bay front, 3-bedroom, 3 1/2-bath, 1,700 square home situated on a 90’ wide waterfront lot. The seller had it listed for $449,000, and closed for $433,000.

Cape San Blas Gulf Front Home Under Contract with List Price of $1.25M

Next up is a recently listed 5-bedroom, 5 1/2-bath, 3,399 square foot gulf front home on Haven Road that went under contract in mid-July with a list price of $1.25M.  It was built in 2006, and is centered upon 55′ of beach front.  The sellers have owned it for ten years, having bought it in 2006 for $850,000. They turned over the keys at closing on Thursday for $1,202,500.

Second Tier Lot on the South Side of the Cape Under Contract July 2016 with List Price of $84,900

Down on the south side of the Cape on Turnstone Drive in San Blas Plantation, parties closed on this 83′ by 187′, one-third acre second tier lot listed for $84,900. Property owners in this community enjoy deeded gulf access, and bay access as well via a reciprocal agreement with Eventide, a little subdivision located directly across the street. The sellers purchased this property in October 2003 for $177,500, and sold it on Thursday for $72,000.

Indian Pass First Tier Home Under Contract July 2016 with List Price of $459,000

Indian Summer is a quiet little neighborhood tucked away off the beaten path just off the first big curve on Indian Pass Road. With its oyster shell lined streets and palm tree studded lawns, it is like stepping back in time to Old Florida.  Buyers fell in love with its charms last month and wrote an offer on this 3-bedroom, 2 1/2-bath, 1,547 first tier home listed for $459,000. The home offers very nice views of the gulf. It was built in 1999; the sellers bought it in mid-2002 for $385,500, and closed on Thursday for $400,000.

Indian Summer Gulf Front Lot Under Contract August 2016 with List Price of $515,000

The gulf front street in Indian Summer is Chickasaw Lane, and it’s the site of our seventh and final sale. New owners took title to this 67’ by 224’, 0.35-acre gem for $340,000, well below the seller’s asking price of $515,000.

Barrier Dunes Townhouse Under Contract September 2016 with List Price of $269,000

Now on to our five new contracts, returning to Barrier Dunes, this time stopping on Barrier Dunes Drive where this 2-bedroom, 2-1/2-bath, 1,593-square foot townhouse listed for sale on Monday went under contract on Friday with a list price of $269,000. The sellers bought it in May of 2008 for $337,700.Cape San Blas First Tier Home Under Contract with List Price of $439,900

On Flamingo Lane, just a bit south of Coneheads 8020 Restaurant, this little 3-bedroom, 2-bath, 1,296-square foot first tier home went under contract Wednesday with a list price of $439,000. It was built around 1990 and is ready for a little makeover to bring her up to date. It’s on a one-third acre lot with amazing gulf views, so she is definitely worth the effort.  There’s room enough on the property to build a pool to take it to the full beach retreat package.

Cape San Blas First Tier Lot Under Contract September 2016 with List Price of $480,000

More action at Hibiscus, this time on the gulf side, where the parties shook hands on this irregularly shaped first tier, 0.28-acre lot listed for $480,000. Why so high for a first tier, you ask? Because a sliver of Rish Park owns between the lot and the shoreline, meaning it will never be developed, so the lot is essentially gulf front, but legally first tier. More importantly though, it is drop dead gorgeous. The sellers bought it in May 2013 for $310,000.

4+Acres on the Gulf in Cape San Blas Under Contract with List Price of $2.298M

Our fourth contract is a rare find, indeed.  Investors snapped up this 4.3-acre, 200′ by 900′ gulf front parcel listed for $2.298M. If it looks somewhat familiar that may well be because it briefly had another contract on it back in mid-June that didn’t work out. With county density regulations allowing for three dwelling units per acre, this land could potentially be subdivided in to 12 or 13 lots, which in a way would be kind of sad to see.  The seller has owned this land for quite some time so I didn’t find any sales data in the property appraiser’s records.

Indian Pass Gulf Front Lot Under Contract September 2016 with List Price of $219,900

We’ll wrap things up today by returning to Indian Pass, where sellers accepted an offer on their 50’ wide, 578’ deep, 0.66-acre gulf front lost listed for $219,000.

That does it for this week. If you’re browsing through listings and find some you’d like more info on I hope you’ll call me at 850-227-5197 or write me at Sherri@SherriDodsworth.com. Things are moving well so if you’re considering selling, I’d love to work with you and will be glad to provide you with a comparative market analysis to help you get an idea of what your property might bring in the current market.

Have a safe and fun-filled Labor Day weekend. Hope to see you back here soon. Thanks so much for stopping by.

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Sep 05 2016

Hacked Again

Published by under Cape San Blas

Late Friday afternoon my site was once again hacked. This one prevented anything from being uploaded to the server. After many hours on the phone with GoDaddy, we finally have the problem resolved and I’ll be uploading this past week’s review shortly.

I apologize for the inconvenience and really, truly appreciate all of the emails and texts of concern these past few days.

Have I told you lately how much I loathe, hate, detest, hacker scum??????????

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Aug 26 2016

Cape San Blas Real Estate Week in Review – Aug. 20-26, 2016

Published by under Cape San Blas

For Sale and SoldSummer sales keep sizzling, and we turned in another good week, closing four sales and penning three new contracts. Sellers changed nine prices, and added six new offerings to the menu.  Our inventory grew by three, closing the week at 274, with 98 homes and 176 lots listed in the Cape San Blas, Indian Pass, and C-30 Corridor MLS. Let’s see what buyers have been up to.

Cape San Blas Gulf Front Toenhouse Under Contract July 2016 wtih List Price of $309,000

We’ll kick off our review of this week’s four sales on the Cape with a gulf front townhouse on Nassau Lane in Cape Shoals. It’s a 2-bedroom, 2 1/2-bath, 1,120 square foot circa 1986 townhouse listed for $309,000. These are very nice townhomes, but the owners over the years have been involved in ongoing efforts to keep the surf from washing up under them. The sellers purchased this property a little over a year ago for $275,000 and have done a good job of updating it since. On Tuesday they turned over the keys to the news owners at closing for $292,000.

Gulf Front Cape San Blas House Under Contract June 2016 with List Price of $849,000

We’ll travel south about two miles to Barbados Drive in Turtle Dunes where in late June sellers accepted an offer on their 4-bedroom, 4-bath, 2,726 square foot gulf front home listed for $849,000. It’s a 2008 vintage rental property on 48′ of sandy white beach. The sellers bought it in 2012 for $625,000, and sold it on Monday for $800,000.

Cape San Blas Gulf Front Lot Under Contract June 2016 with List Price of $224,900

Our next sale is a 100′ wide waterfront lot on the south side of the Sunrise Sunset townhouses. This property last sold in mid-2003 for $388,000, and went under contract in late June with a list price of $224,900.  The new owners took title on Monday for $192,500.

Bay View Cottage Under Contract July 2016 with List Price of $149,000

Down on the south side of the Cape tucked away behind trees near the bay is a little 656 square foot, 2-bedroom, 1-bath cottage on a half-acre lot listed just last month for $149,000. It’s one of the Salt Works Cabins units built in 1991. It went under contract within just a few days of debuting in the MLS, and sold this week for $145,000.

Cape San Blas Barrier Dunes Townhouse Under Contract July 2016 with List Price of $295,000

The first of our three new contracts is on the north end of the Cape in Barrier Dunes; it’s a 2-bedroom, 2-bath, 1,216 square-foot townhouse that went under contract on Thursday with a list price of $295,000. This end unit has a great gulf view straight down the greenway. The sellers bought it in the summer of 2012 for $200,000 and have done a fantastic job of renovating it.

Scallop season, however abbreviated, opened this week and that may have been the inspiration for buyers to write up an offer on this half-acre bay front lot on Anchor lane. The lot has 100′ on the bay, includes deeded gulf access directly across the street, and is listed for $299,000.

We’ll wrap things up today over on Indian Pass where buyers fell in love with this gulf front home overlooking St. Vincent island listed for $560,000. 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.

And that’s a wrap. There’s plenty  going on, with strong buyer demand. If you’re thinking of buying or selling, we need to talk. Call or text me at 850-227-5197 or write me at sherri@sherridodsworth.com and we’ll get started.  Keep cool, have a great week, and thanks so much for taking a few minutes to stop by today.

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Aug 19 2016

Cape San Blas Real Estate Review – Week of August 13-19, 2016

Published by under Cape San Blas

For Sale and SoldHad a great vacation but glad to be back on the Cape, tanned, rested and ready to get back to work.  Closing agents were busy this week, closing five transactions, but Realtors wrote up only one new contract. Sellers added twelve new listings, and changed prices on five others.  With all those new listings, our inventory swelled by eleven since last we met two weeks ago, closing the week at 271, with 99 homes and 172 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor MLS market. Let’s see what’s moving.

Barrier Dunes Townhouse Under Contract with List Price of $275,000

All five of our sales this week were cash deals, with the first two being up on the north end of the Cape in Barrier Dunes, starting off with this 3-bedroom, 3-1/2-bath, 1,888 square foot townhouse listed for $275,000. The unit was built in 2000 and the sellers bought it in 2007 for $317,500 and sold it for Monday for $245,000.

Barrier Dunes Park View Townhouse Under Contract July 2016 with List PRice of $189,900

Our second sale in Barrier Dunes was this 3-bedroom, 3-bath, 1,377 square foot townhouse on Parkside listed for $189,900. The unit was built in 1985, and the sellers have had it since 1996 when they bought it for $67,500. It’s furnished with a fun and eclectic colorful mix of beach themed artwork and rich antiques, including a dining table used during the local filming in 1997 of Ulee’s Gold and signed by Peter Fonda.  They turned over the keys to the new owners on Monday for $174,000.

Bay Front Home with Dock Under Contract July 2016 with List Price of $749,900

In mid July, buyers had their offer accepted on this lovely 5-bedroom, 3-bath, 3,256 square foot home with a  dock situated on over 100′ of waterfront. The sellers built the home in 1999 and have it listed for $749,900.  It’s located in Peninsula Estates, one of the earliest subdivisions on the Cape, and it spans from bay to gulf with all of the properties conveying with deeded gulf and bay access.  There are no HOA fees.  The new owners took title on Monday for $662,910.

Ovation Bay View Lot at Cape San Blas Under Contract July 2016 with List Price of $69,000

Our fourth sale is in Ovation where lately we’ve seen both a lot of interest and a lot of construction. Last month sellers accepted an offer on their third-tier bay view lot listed for $69,000 which they bought in mid-2013 for $31,900.  They signed over the title to the new owners for $47,500 cash.

Gulf Pines First Tier Lot Under Contract July 2016 with List Price of $149,900

Our fifth and final sale is over in Gulf Pines where the parties closed on this 102′ by 244′, half-acre first tier lot listed for $149,900. Gulf Pines is a quiet residential community in a FEMA-eligible stretch along C-30.  The new owners took title this week for $135,000 cash.

Cape San Blas Gulf View Lot Under Contract August 2016 with List Price of $149,900

Our one and only new contract is on a gulf view lot four off the beach on Westwind Drive, just a bit south of Rish Park on the Cape. The seller is the owner/developer of the subdivision, Paradise Gulf – Paradise Bay, and has owned it since the early 90’s.  All the lots in this community enjoy deeded gulf and bay access. This particular lot has been on the market since December with a list price of $149,900.

And just like that, we’re all up-to-date.  There are still some very attractive opportunities on the market so if you’re toying with the idea of calling a piece of coastal property your own, let’s get to it. 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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Aug 05 2016

Cape San Blas Real Estate Week in Review – July 30 – August 5, 2016

Published by under Cape San Blas

For Sale and SoldGeorgia went back to school and the Cape’s been a noticeably quieter place this week. Even so, we managed seven sales, wrote up four new contracts, added five new listings, and changed prices on five others. Our inventory inched up by one ending the week with 260 active MLS listings in the Cape San Blas, Indian Pass and C-30 market, with 91 houses and 169 lots. Let’s see what properties caught buyers’ attention.

Gulf Front Lot in Sunset Pointe Sold August 2016 for $435,000

We kick off our look at this week’s seven sales on the north end of the Cape in Sunset Pointe with a For Sale By Owner (FSBO) sale entered into the MLS for comp purposes.  This is a gorgeous 68′ wide by 271′ deep, 0.42-acre gulf front lot with views that will take your breath away. The seller was the developer who has long maintained he intended to keep this property, but someone apparently offered him $435,000 cash and that was enough to move him to reconsider.

Barrier Dunes Townhouse at Cape San Blas Under Contract June 2016 with List Price of $269,000

In nearby Barrier Dunes the parties closed on this 2-bedroom, 2-bath, 1,216 square foot townhome on Sandpine Drive. The sellers bought it at a short sale in early 2012 for $132,000 and have brought in some new furnishings and spruced the place up quite nicely. They has it listed for $269,000, and sold it for $250,000 with the buyers using conventional financing.  This actually closed on the 29th but the paperwork was delayed and so wasn’t entered into the MLS until this week.

First Tier Ovation Lot at Cape San Blas Under Contract July 2016 with List Price of $219,000

Down the road a bit in Ovation, buyers placed a successful bid in mid-July on a first tier lot listed for $219,000. Back in 2005, the developer sold this 63′ by 70′. 0.10 acre home site for an amazing $775,000. The current sellers picked it up in mid-2014 for a bargain basement price (comparatively) of $148,500, and sold it on Friday for $200,000 cash.

Interior Ovation Lot at Cape San Blas Sold August 2016 for $38,000

Sale number four is across the street on the bay side of Ovation where this 55′ by 133′ 0.17-acre interior lot sold on Wendesday for $38,000 cash. The sellers bought it in the sumer of 2012 for $29,500 and had it listed for $43,700.

Cape San Blas Gulf Front House Under Contract January 2014 as Short Sale with List Price of $395,000

Our fifth sale is on the south side of the Cape in Cape Dunes where this 3-bedroom, 4-bath, 2,324 gulf front home listed as a short sale has been under contract since mid-2014. The sellers bought it in mid-2004 for $650,000 and did a very nice job restoring it. The gulf views from this very comfortable home are simply amazing.  The bank finally approved the short sale this week and closed for $460,000.

Cape San Blas Gulf Front Home Under Contract July 2016 with List Price of $1.12M

Half a mile or so down Cape San Blas Road in Two Palms is this lovely 4-bedroom, 4 1/2-bath, 2,573 square-foot gulf front home listed for $1.12M.  It’s situated on 54′ of beach front. In August of 2007 it sold for $1.306M; the sellers bought it in late 2012 for $1.22M, and handed over the keys at closing on Thursday for $1.05M.

Cottages at Indian Summer Lot Under Contract June 2016 with List Price of $37,900

We’ll leave the Cape and head east along C-30 to The Cottages of Indian Summer with the parties closing on this quarter-acre, second tier lot. The property is on the cul de sac and directly across the street from the pedestrian access to the beach. The seller bought it in late 2011 for $27,500, had it listed for $37,900, and sold it for $33,000.

Interior Lot on the South Side of the Cape Under Contract August 2016 with List Price of $44,900

The first of our four new contracts is on a 110′ by 130′, one-third-acre interior lot in San Blas Plantation listed for $44,900. This subdivision offers deeded gulf access to each owner, and it shares a reciprocal agreement with the Eventide subdivision across the street with whom they share a bay access agreement. In December 2004 this lot sold for $240,000.

Gulf Front Lot Under Contract August 2016 with List Price of $325,000

Buyers were in the mood for gulf front action this week with three of our four new contracts being on the water. Sellers accepted an offer on their 60′ by 414′ deep. 0.63-acre gulf front parcel at Curve at the Cape on Wednesday. They have it listed for $325,000.  Back in the summer of 2004 it sold for $650,000.

Treasure Shores Gulf Front Home Under Contract August 2016 with List Price of $899,900

Contract number three is on this 4-bedroom, 3-bath, 1,886 square foot gulf front home in Treasure Shores listed for $899,900. The home was built in   1997 and is situated on a 75′ wide gulf front lot. It’s a popular rental property, generating a gross rental income last year of a very impressive $130,050. The sellers bought it in January 2009 for $625,000.

Indian Summer Gulf Front Lot Under Contract August 2016 with List Price of $515,000

We’ll wrap things up today over on Indian Pass at Indian Summer where buyers had their offer accepted on this 67′ wide by 224′ deep gulf front lot listed for $515,000. The seller bought it in late 2003 for $595,000.

And that does it for today. I am taking a week’s vacation heading to St. Augustine with a group of gal pals so no post next Saturday. I’ll be back here on the following Saturday, August 20th, to bring you up to date with all the latest. Until then, enjoy these final few weeks of summer, stay safe, and as always, thanks so much for taking time out of your busy schedule to stop by.

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Jul 29 2016

Cape San Blas Real Estate Week in Review – July 23-29, 2016

Published by under Cape San Blas

For Sale and SoldIt’s been another busy week around the Cape with lots of people in to look at property. I did manage to sneak away for a few hours, though, and get in some much needed beach time. Good to be reminded of why we live here. Apparently a few folks decided they want to stake a claim here as well, as we had two sales and a whopping twelve new contracts. Our inventory dropped by seven, ending the week with a total of 259 active MLS listings in the Cape San Blas, Indian Pass and C-30 market, with 87 homes and 172 lots for sale. Sellers added seven new listings, and made six price changes.

Barrier Dunes Gulf Front Townhouse Under Contract June 2016 with List Price of $297,500

The first of our two sales takes us up to Barrier Dunes to this bank-owned 2-bedroom, 2 1/2-bath, 1,593 gulf front townhouse on Sabal Drive. It’s being sold unfurnished and is listed for $297,500. The last time it sold was back in early 2005 when it went for $490,000.  This time around it closed above list price for $300,000.

Interior Lot on the South Side of the Cape Under Contract July 2016 with LIst Price of $39,500

Down on the south side of the Cape in Boardwalk, our next sale is a 100′ by 75′ corner lot listed for $39,500. The sellers bought in late 1996 for $10,000, and sold it on Friday for $37,000. This is one of the earliest subdivisions on the Cape, dating from the early 80’s.  Amenities include a very nice community pool overlooking the gulf.

 

Barrier Dunes Park View Townhouse Under Contract July 2016 with List PRice of $189,900

Now on to our twelve new contracts returning to Barrier Dunes where parties shook hands on this 3-bedroom, 3-bath, 1,377 square foot townhouse on Parkside listed for $189,900. The unit was built in 1985, and the current owners have had it since 1996 when they bought it for $67,500. It’s furnished with a fun and eclectic colorful mix of beach themed artwork and rich antiques, including a dining table used during the local filming in 1997 of Ulee’s Gold and signed by Peter Fonda.

Cape San Blas Gulf Front Toenhouse Under Contract July 2016 wtih List Price of $309,000

Folks were in the market for properties they could come visit, lock up when they leave, and not have to worry about any grounds maintenance. Here’s another townhouse, this one a gulf front model on Nassau Lane in Cape Shoals. It’s a 2-bedroom, 2 1/2-bath, 1,120 square foot circa 1986 townhouse listed for $309,000. These are very nice townhomes, but the owners over the years have been involved in ongoing efforts to keep the surf from washing up under them. The sellers purchased this property a little over a year ago for $275,000 and have done a good job of updating it since.

Cape San Blas Gulf View Condo Under Contract with List Price of $249,000

Next up is an upstairs unit in a first-tier quadplex with straight on views of the gulf. Built in 1984, it is 1300 square feet with 2 bedrooms, 2 baths, and spacious open decks across the front and back, providing both gulf and bay views. The sellers bought it back in $59,000, and listed it just this week for $249,000. She’s in need of some TLC at his point, but she’s a true diamond in the rough ready for a beauty makeover to return her to her former beach retreat glory.

Six Cape San Blas Gulf Front Lots Under Contract July 2016

This week’s trip to the beach includes a six pack: six bank-owned gulf front lots on the south end of the peninsula not far from the rocks at Stumphole all went under contract at once. There are four listed for $216,500 each, and two for $280,000. The four are 50′ wide and the other two about 78′ and 90′ respectively. This section of the beach has been an area of historically high beach erosion.

Lagoon Front Cottage Under Contract as Short Sale With List Price of $49,900

We’re heading off the Cape for the first time today heading out along C-3 about a mile and a half past the world famous Indian Pass Raw Bar to this little 1-bedroom, 1-bath, 768 square foot, cinder block cottage tucked back off the road on a lagoon front lot. This throw back to the ’70s last sold in 2004 for $259,000, and went under contract on Monday as a short sale with a list price of $49,900.

Lagoon Front Lot Under Contract July 2016 with LIst PRice of $42,000

We’ll wrap things up with another lagoon front offering, this one an 83′ by 267′, half+ acre lot listed for $42,000. The sellers bought it in mid-2011 for $25,000.

That does it for this week. If you’re interested in finding out about coastal properties or if you’d like to talk about selling yours, give me a call and let’s talk. Call me at 850-227-5197 or shoot an email to sherri@sherridodsworth.com. I’ll be glad to help you out either way. Right now, that beautiful beach is calling me to enjoy a dip in our crystal clear emerald green water. Have a great week, and thanks so much for taking time to stop by today.

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Jul 23 2016

Cape San Blas Real Estate Week in Review – July 16-22, 2016

Published by under Cape San Blas

For Sale and Sold     This has been the hottest week of the summer so far with daily forays into the 90’s and only making it into the mid-80’s at night – just like Florida in July. It’s been another hot week in real estate, too, with two sales and eight new contracts, ten new listings, and ten price changes. Our inventory inched back up by two, closing the week at 266, with 90 homes and 176 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor market. Let’s take look at what’s moving.

Cape San Blas Bay Front Lot Under Contract June 2016 with List Price of $124,900

Bay front has been in high demand lately and the first of our two sales is this offering which went under contract within days of it debuting in the MLS. It’s a 75′ by 2050′, 0.59-acre lot listed for $124,900. This is on the south side of the Cape at the head of the bay across the street from Boardwalk subdivision. The sellers bought it in mid-2004 for $280,000, and sold it on Friday for $105,000.

Indian Pass Gulf Front LotUnder Contract June 2016 with List Price of $199,900

Over on Indian Pass Road, buyers took title to  a half-acre gulf front lot with 50′ of water frontage.  I didn’t find any sales data in county files.  The seller has it listed for $199,900, and picked up a check for $198,ooo on Friday.

Cape San Blas Barrier Dunes Townhouse Under Contract July 2016 with List Price of $192,500

The first of our eight new contracts is on the north end of the Cape in Barrier Dunes where sellers accepted an offer on their 2-bedroom, 2 1/2-bath, 1,388 square foot townhouse listed for $192,500. This unit is just across from the little playground area near the park side of the complex.  The sellers purchased the property in late 2002 for $165,000.

Bay Front Home with Dock Under Contract July 2016 with List Price of $749,900

More bay front action. On Wednesday buyers had their offer accepted on this lovely 5-bedroom, 3-bath, 3,256 square foot home with a  dock situated on over 100′ of waterfront. The sellers built the home in 1999 and have it listed for $749,900.  It’s located in Peninsula Estates, one of the earliest subdivisions on the Cape, and it spans from bay to gulf with all of the properties conveying with deeded gulf and bay access.  There are no HOA fees.

First Tier Ovation Lot at Cape San Blas Under Contract July 2016 with List Price of $219,000

Down the road a bit in Ovation, buyers placed a successful bid on a first tier lot listed for $219,000. Back in 2005, the developer sold this 63′ by 70′. 0.10 acre homesite for an amazing $775,000. The current sellers picked it up in mid-2014 for a bargain basement price (comparatively) for $148,500.

Cape San Blas First Tier Lot Under Contract July 2016 with List Price of $480,000

Adjacent to the south side of Rish Park is Hibiscus Beach where sellers accepted an offer on this irregularly shaped quarter acre lot overlooking the gulf.  The actual waterfront is part of the park, so this is technically a first tier lot but one with a promise of never having anything built to block its views. The sellers bought it in 2013 for $310,000 and have it under contract with a list price of $480,000.

Bay View Cottage Under Contract July 2016 with List Price of $149,000

Down on the south side of the Cape tucked away behind trees near the bay is a little 656 square foot, 2-bedroom, 1-bath cottage on a half-acre lot newly listed for $149,000. It’s one of the Salt Works Cabins units built in 1991.

Gulf Pines First Tier Lot Under Contract July 2016 with List Price of $149,900

Over in Gulf Pines the parties shook hands on this 102′ by 244′, half-acre first tier lot listed for $149,900. Gulf Pines is a quiet residential community in a FEMA eligible stretch along C-30.

Indian Pass First Tier Home Under Contract July 2016 with List Price of $459,000

Indian Summer is a quiet little neighborhood tucked away off the beaten path just off the first big curve on Indian Pass Road. With its oyster shell lined streets and palm tree studded lawns it is like stepping back in time to Old Florida.  Buyers fell in love with its charms on Monday and wrote an offer on this 3-bedroom, 2 1/2-bath, 1,547 first tier home listed for $459,000. The home offers very nice view of the gulf. It was built in 1999, and the current owners purchased it in mid-2002 for $385,500.

Indian Pass Lagoon Front Home Under Contract July 2016 with List Price of $639,000

Our final new contract is a lagoon-front home on Indian Pass  overlooking the Gulf of Mexico from high atop a lovely bluff.  This 3-bedroom, 3 1/2-bath, 2,076 square foot home was built in 2009. On Friday, it went under contract with a list price of $639,000.

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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