Archive for the 'Cape San Blas' Category

Aug 21 2015

Cape San Blas Real Estate Week in Review – Aug. 15-21, 2015

Published by under Cape San Blas

For Sale Sold Sign  Georgia went back to school and the Cape’s a quieter place this week. Even so, we managed seven sales, wrote up two new contracts, added seven new listings, and changed prices on three others. Our inventory shed six ending the week with 271 active MLS listings in the Cape San Blas, Indian Pass and C-30 market, with 87 houses and 184 lots. Let’s see what properties caught buyers’ attention.

Seacliffs Gulf View Townhouse Under Contract April 2015 with List Price of $254,900

We’ll start our review of this week’s seven sales up at Seacliffs on Turtle Walk where this 3-bedroom, 3 1/2-bath, 1,944 square foot unit built in 2001 went under contract in early July with a list price of $239,000. The sellers bought it two years ago in April 2013 for $215,000, and sold it this week for $233,000.

Fire Damaged Gulf Front Cape San Blas House Sold August 2015 for $1.15M

Sale number two is a grande dame with a troubled past. While under construction, the roof of this 5-bedroom, 5-1/2-bath, 4,447 mammoth caught fire nd nearly burned to the ground. The insurance companies settled, and the work of rebuilding began. Then again, just a few years ago, it caught fire again sustaining serious damage. It presides over a 2.2 acre parcel with 129′ over looking the gulf. The sellers put it on the market at the end of July with a list price of $1.899M and went under contract “As Is” within a few days. On Thursday, new owners took on the task of bringing her back to life by signing a check at closing for $1.15M.

Cape San Blas Interior Lot Under Contract August 2015 with List Price of $49,900

Our next sale is on Driftwood Drive in Peninsula Estates where buyers negotiated a deal on a 109′ by 187′ roughly half-acre interior lot listed for $49,900. The sellers bought the property back in 1998 for $45,000 and sold it on Wednesday for $44,900 cash.  All of the lots in this subdivision convey with both deeded gulf and bay access.

Cape San Blas Gulf Front Townhouse Under Contract July 2015 with List Price of $269,000

About two miles south in Cape Shoals, our fourth sale is a 2-bedroom, 2 1/2-bath, 1,120-square foot gulf front townhouse that went under contract three weeks ago with a list price of $269,000. The sellers bought this circa-1986 home in early 2005 for $309,200, and sold it Monday for $240,250.

Cape San Blas Gulf Front Home Under Contract July 2015 with List Price of $834,000

Not far away on Haven Road, sale number five is a beautiful gulf front home. Situated on 55′ of beautifully vegetated gulf front, this  5-bedroom, 4 1/2-bath, 2,735 square foot beauty built in 2002 went under contract last month with a list price of $834,000, which is exactly what it sold for on Wednesday.

Cape San Blas Gulf View Lot in Seagrass Under Contract July 2015 with List Price of $219,000

We’ll head a few blocks further south to Seagrass for our next sale, a 90′ by 120′, quarter-acre “X” zone gulf view lot that went under contract in late July with a list price of $219,000. The sellers bought it in mid-2013 for $134,500, and just sold it for $210,000. Hard to believe that back in 2005 it went for $505,000.

Indian Pass Lagoon Front Lot Under Contract July 2015 with List Price of $199,000

For our eighth and final sale we’ll head on over to Indian Pass where this 128′ wide by 590′ deep lagoon front lot caught the eyes of an admirer in mid-July with its $119,000 price tag. That’s a little over 1 1/2 acres in an absolutely gorgeous setting. The buyers picked up the title at closing on Friday for a deep discount price of $80,000.

Cape San Blas X Zone Barrier Dunes Townhouse Under Contract August 2015 with List Price of $299,000

The first of our two contracts is up in Barrier Dunes where this 2-bedroom, 3 1/2 bath, 1,593 square foot townhouse went under contract Tuesday with a list price of $299,000. This is one of only about a dozen or so of homes in this complex located entirely in the “X” flood zone.  The sellers have owned this since 1998 when they picked it up for $115,000.

Cape San Blas Gulf Front Lot Under Contract August 2015 with List Price of $299,900

The other new contract is located in Southbeach, a gated community on the south side of the Cape. Here buyers penned a deal on a 65′ by 568′ gulf front lot just shy of an acre listed for $299,900. The sellers bought it from the developer in late 1999 for $182,000 , the equivalent of $260,714 in today’s dollars adjusted for inflation.

That does it for this week. I’ll be around this weekend so if you’d like more info on these or other properties pick up the phone and give me a call: 850-227-7891, or send me an email to Sherri@SherriDodsworth.com . I also got a stack of brand new For Sale signs in this week so if you’re interested in selling, I’m ready. Just let me know. I’d love to be your listing agent.

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Aug 15 2015

Cape San Blas Real Estate Week in Review – Aug. 8-14, 2015

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For Sale and Sold   Local closing attorneys had an early holiday with just two closings, but Realtors were working hard, writing up five new contractseleven new listings, and changed prices on four others.  We end the week with the inventory at 271, up six from last week, with 90 homes and 181 lots listed for sale in the MLS in the Cape San Blas, Indian Pass and C-30 Corridor market. With all those new contracts we have a fair amount of territory to cover so let’s get right to it.

Cape San Blas Gulf Front Home Sold August 2015 for $929,600

The first of our two closed sales is a 5-bedroom, 4/2 bath, 2,800 square foot gulf front home listed for $999,000. Built just last year, this lovely home in Rosemary Dunes, near Rish Park on the Cape, is already a popular rental, on track to gross over $100,000 this year.  It is beautifully decorated, has awesome gulf views, and its elevator and in-ground pool no doubt do their part to attract all those guests. This sounded like a good business opportunity to the buyers who bought it on Friday for $929,600.

Classic Florida Cottage Under Contract July 2015 with List Price of $249,900

The other sale is a home in Treasure Shores on the north side of C-30. It’s a classic Florida beach cottage with 2 bedrooms and 2 baths, and 1148 square feet of charm. The sellers purchased the home in the summer of 2012 for $189,000, and put it under contract in early July with a list price of $249,900. On Friday they turned over the keys to the happy new owners for $239,000. Cape San Blas Interior Home Under Contract August 2015 with List Price of $399,000

Our review of this week’s five new contracts begins on the north side of the Cape in Peninsula Estate where this 5-bedroom,  3 1/2-bath, 2,210 square foot interior home on Sandlewood Blvd. went under contract on Monday with a list price of $399,000. It was a bank-owned foreclosure sale when the sellers picked it up in June of last year for $167,000 when it was in need of some serious TLC.  The new owners have done a remarkable renovation, bringing it back from the brink.

Ovation Bay View Lot on Crescent Under Contrat August 2015 with List Price of $120,000

Contract number two is next door in Ovation where a lot on the crescent over looking the bay went under contract on Thursday with a list price of $120,000. This one has changed hands several times recently. When the developer, Ashwood Development, had their deep discount fire sale back in 2012 the moved this one for $59,000, and those folks sold it three months ago for $79,900. Cape San Blas Road Front Lot Under Contract August 2015 with List Price of $120,000 - Copy

About three miles down Cape San Blas Road is Silent Sands, an 80’s-era subdivision near Scallop Cove. Here a quarter-acre road-front X zone lot went under contract Thursday with a list price of $1120,000, a far cry from the $440,000 it sold for in 2005. Cape San Blas Bay Front Cottage Under Contract August 2015 with List Price of $189,900

Directly behind Scallop Cove, contract number four is on a 2-bedroom, 1-bath, 756 square foot bay front cottage listed for $189,900. It’s one of six units known as Scallop Cove Villas built about 1982 which were taken down to the studs in 2003 and completely renovated.  Each owner has a one-sixth interest in the 250′ parcel of bay front property with a dock. The current owners acquired it in June 2013 as a distressed sale for $160,000. Indian Pass Lot Under Contract August 2015 with List Price of $35,900

Our fifth and final new contract is over on C-30 in the Cottages at Indian Summer. Buyers were attracted to this quarter-acre second tier lot listed for $35,900. This quiet little neighborhood is FEMA eligible, has a lovely community pool, and deeded access to the gulf for all owners. The sellers bought this and the adjacent lot at a distress sale in early 2013 for a total of $40,000.

That does it for this week. If you’re interested in seeing what other great real estate opportunities may be out there waiting for you, please text or call me at 850-227-5197, or shoot me an email to sherri@sherridodsworth.com and I’ll be glad to help you. Until then, have a terrific week, and thanks so much for taking time to stop by today.

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Aug 08 2015

Cape San Blas Real Estate Week in Review – August 1-7, 2015

Published by under Cape San Blas

For Sale Sold SignWe got welcome news around here this week: Verizon actually started building the long-rumored cell tower near the entrance to the Cape on the Lighthouse Utilities property about a block or two west on C-30 from Cape San Blas Road.  We might actually start having decent cell service!  What a concept.  They expect to have it completed in about three weeks. More welcome news is that our healthy market carried right along, closing six sales, writing up five new contracts, adding seven new listings, and changing prices on eleven others. We whittled away two from our inventory, closing the week at 263, with 83 homes and 180 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor market. Let’s take a look at what we managed to move.

Barrier Dunes X Zone Townhouse Under Contract July 2015 with List Price of $269,000

The first two of this week’s six sales are up in Barrier Dunes, starting with this 2-bedroom, 2 1/2-bath, 1,377 square foot circa 1990 townhouse which is one of a very few homes in this complex located in the X flood zone. The sellers bought it in early 2006 for $364,000, and sold it this week for their full list price of $269,00.

Barrier Dunes Parkside Townhouse Under Contract July 2015 with List Price of $187,000

Over on Parkside buyers closed on this 3-bedroom, 3 1/2-bath, 1,172-square foot townhouse built in 1985.  The sellers bought it in 1999 for $78,900, had it listed for $187,000, and turned over the keys at closing on Friday for $177,500.

Ovation at Cape San Blas Second Tier Lot Under Contract April 2015 with List Price of $114,900

About a mile down the road in Ovation, buyers closed on a second-tier lot listed for $125,000. This 107′ by 50′ “X” zone lot originally sold in the summer of 2005 for $500,000. The current owners bought it two years ago for $95,000, and sold it this week for $117,500.

Cape San Blas First Tier Lot Under Contract May 2015 with List Price of $169,900

This next sale is a 63′ by 210′, 0.31-acre “X” zone first tier lot on Haven Road in Ocean Haven listed for $169,900. This is one still owned by the developers, and they finally found a new owner for it with it closing on Monday at above list price for $172,000 cash.

Bank Owned Gulf Front Home at Cape San Blas Under Contract April 2015 with List Price of $489,900

Our next sale is a property that is no stranger to this blog, a gulf front home once known as “Crab Walk” on Rachel Beach Lane down around Scallop Cove. It’s a 3-bedroom, 3-bath, 1,395 square foot home built in 2000 with a sales history illustrative of the local housing boom. In October 2003 it sold for $660,000, and exactly one year later in October 2004 resold for $1.1M. Those buyers put it back on the market just eighteen months later for $1.549M but by then the market had ground to a halt and they lost it to the bank. In early June it went under contract with a list price of $489,900. She has been under contract a number of times over the past few years, but this time she finally made it all the way down the aisle, closing for $479,000.

Bank-Owned Cape San Blas Interior Lot Under Contract April 2015 with List Price of $45,000

We’re down on the south side of the Cape for our sixth and final sale, a bank-owned lot just two lots over from my office. This 81′ by 170′, one third-acre “X” zone lot sold in November of 2005 for $290,000, went under contract in late April with a list price of just $45,000, and closed on Thursday for $30,000.

Cape San Blas Interior Lot Under Contract August 2015 with List Price of $49,900

Now on to our review of this week’s crop of five new contracts, starting off on Driftwood Drive in Peninsula Estates where buyers negotiated a deal on a 109′ by 187′ roughly half-acre interior lot listed for $49,900. The sellers bought the property back in 1998 for $45,000.  All of the lots in this subdivision convey with both deeded gulf and bay access.

Cape San Blas Gulf Front Home Under Contract August 2015 with List Price of $829,000

Here’s a great place down in my neck of the woods, Cape Breezes. This 4-bedroom, 3-bath, 1,728 square foot gulf front private home has hosted many wonderful family memories since it was built in 1993.  Centered on 102′ of gorgeous beach front, it features decks galore for enjoying the Florida Salt Life at its best.  The sellers have owned the home since 1999 when they bought it for $360,000. Last Saturday a new family fell in love with it, and it went under contract with a list price of $829,000.

Cape San Blas First Tier Lot Under Contract  August 2015 With List Price of $129,900

About 2 1/2 miles futher down the beach our third contract is on a first tier lot on Barbados Drive in Turtle Dunes. This third of an acre gem has an interesting sales history having sold originally by the developer back in 2004 for $450,000. Those folks took a hit four years later when they sold it for $202,500.  It sold last year in a tax deed sale for $41,000, and is under contract now with a list price of $129,900.

Waterfront Home on St. Joe Bay Under Contract August 2015 with List Price of $649,000

We’re back down on the south side of the Cape for contract number four which is on this lovely bay front compound listed for $649,000. It includes a 4-bedroom, 2,718 square foot home with 168 feet of waterfront on St. Joe Bay.  Impeccably furnished and finished, this popular rental has all the bells and whistles, such as a screened in-ground pool complete with tiki bar, dock out onto the bay, hot tub overlooking the bay,  and a fire pit. The price also includes a 510 square foot, 1-bedroom, 1-bath cottage, also tastefully furnished and with its own hot tub.

Waterfront Home on St. Joe Bay Under Contract August 2015 with List Price of $349,000

Our fifth and final new contract is also on the bay, but over on the mainland off of C-30.  This 2-bedroom, 2-bath, 1,680 square foot cottage on 102′ of waterfront went under contract last Sunday with a list price of $349,000. The sellers bought it in the summer of 2012 for $257,500  and have done extensive renovations and basically totally refurnished it.

And that wraps it up for this week. Glad to see we’re continuing to move inventory at a decent clip. If you’re considering making a move, I’ll be glad to help you. Just call or text me at 850-227-5197 or shoot me an email to sherri@sherridodsworth.com and we’ll get started. Until then, have a terrific week – I really appreciate your taking time to stop by today.

 

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Jul 31 2015

Cape San Blas Real Estate Week in Review – July 25-31, 2015

Published by under Cape San Blas

For Sale and SoldThis 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 four more sales, eight new contracts,  eight new listings, and eight price changes.  Our inventory closed once again at 265, with 82 homes and 183 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 Duplex Under Contract July 2015 with List Price of $219,000

The first of our four sales is on the corner of Cape San Blas Road and Antilles Dr. where one side of this duplex went under contract the end of June with a list price of $219,000. The 2-bedroom, 2 1/2-bath, 1,400 square foot unit is located in an X zone, and last sold in June 1999 for $80,400.  On Wednesday the new owners picked up the keys at closing for $210,000.

Cape San Blas Gulf Front Lot Sold July 2015 for $750,000

A few blocks further south on Cape San Blas Road, our second sale is a For Sale By Owner sold by an agent who was in search of a large parcel of gulf front for her client, which this certainly is. It’s 100′ on the gulf, spanning all the way back to the road, for a total of approximately 1 1/2 acres of land. According to the county property appraiser’s site, the sellers closed on this on July 7 for $510,000.  The MLS notes the contract date of this sale as June 23, with a closing date of July 30 for $750,000.

Cape San Blas Interior Lot Under Contract July 2015 with List Price of $139,900

Sale number three is down on the south side of the Cape in Surfside Estates on Mercury Lane where two adjacent lots that went under contract on July 11 with an aggregate list price of $139,900 sold on Wednesday for $129,000 cash. The parties split the HOA’s one time buyer transfer fee of $2,000.

Road Front Lot at WAters Edge Sold July 2015 for $33,000

Our fourth and final sale takes us off the Cape and over to Waters Edge where a gulf view lot fronting C-30 went under contract last week with a list price of $39,900 and closed on Friday for $33,000. In 2003 it sold for $129,900; those owners eventually lost it to the bank who sold it to the current seller in late 2013 for $15,000.

Ovation Bay Front Lot Under Contract July 2015 with LIist Price of $259,000

We’ll return to the north side of the Cape for our review of this week’s crop of eight new contracts, stopping first in Ovation, where this bay front lot listed for $259,000 went under contract on Thursday. The seller bought the 0.20 acre home site in May 2012 for $67,000.

Cape San Blas Gulf Front Townhouse Under Contract July 2015 with List Price of $269,000

A mile or so down the beach from Ovation in Cape Shoals, our second contract is on a 2-bedroom, 2 1/2-bath, 1,120-square foot gulf front townhouse that went under contract on Tuesday with a list price of $269,000. The sellers bought this circa-1986 home in early 2005 for $309,200.

Cape San Blas Gulf View Lot in Seagrass Under Contract July 2015 with List Price of $219,000

We’ll head a few blocks further south to Seagrass for our third contract which is on this 90′ by 120′, quarter-acre “X” zone gulf view lot that went under contract Monday with a list price of $219,000. The sellers bought it in mid-2013 for $134,5000. Hard to believe that back in 2005 it went for $505,000.

Cape San Blas Gulf View Duplex Under Contract July 2015 with LIst Price of $329,000

Cape Sands Landing is a neighborhood of gulf view duplexes dating from the early 80’s located about half a mile north of Scallop Cove. On Tuesday, buyers penned a contract there on this 3-bedroom, 2-bath unit listed for $329,000. The sellers bought it for $319,000 in 2004, the equivalent of $402,993 today in inflation-adjusted dollars.

Cape San Blas Gulf View Lot Under Contract July 2015 with List Price of $70,000

We’re back on the south side of the Cape for our fifth contract which is on a third-acre interior lot on Turnstone Drive in San Blas Plantation. The sellers bought the lot in early 2006 for $42,500, and put it under contract Friday with a list price of $70,000.

Cape San Blas Bay Front Lot Under Contract July 2015 with List Price of $99,000

Not far from San Blas Plantation, our sixth contract is on a bay front acre-sized lot listed for $99,000. This is an estate sale so it may be awhile before we know what the closing price is. It last sold in late 2002 for $185,000.

Treasure Shores Gulf Front Lot Under Contrat July 2015 with List Price of $429,000

We’re heading off of the Cape again for our last two contracts, stopping first in Treasure Shores where this 75′ by 342′, 0.6 acre lot went under contract last Saturday with a list price of $429,000. Treasure Shores is a FEMA flood insurance eligible neighborhood. The sellers bought the property in 2007 for $645,000.

Lot Near Indian Pass Under Contract July 2015 with List Price of $27,000

We’ll wrap things up over in The Cottages at Indian Summer, a pretty little secluded gulf view subdivision near the Indian Pass Raw Bar. On Tuesday, buyers fell in love with a quarter-acre second tier lot listed for $27,000.

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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Jul 25 2015

Cape San Blas Real Estate Week in Review – July 18-24, 2015

Published by under Cape San Blas

For Sale Sold SignWe’re having a great summer here along the coast with vacation rental companies booked pretty much to capacity and Realtors penning property deals, this week closing three sales and writing up five new contracts, adding eight new listings, and changing prices on five others. With all that, our inventory only shed one, closing at 265, with 81 homes and 184 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor market. Let’s take a look at what’s selling.

Park Point Lot at Cape San Blas Under Contract July 2015 with List Price of $55,000

We launch into our look at this week’s three sales on the north end of the Cape in Park Point with a quarter-acre interior lot.  This secluded little subdivision adjoins the state park, and is a quiet and peaceful setting.  The sellers bought the property in 2012 for $25,000, got it under contract in late June with a list price of $55,000, and closed on Thursday for $40,000 cash. Barrier Dunes Townhouse Under Contract July 2015 with List Price of $239,500

In nearby Barrier Dunes our second sale is a 2-bedroom, 2-bath, 1,197 square-foot first tier townhouse on Sabal Drive that went under contract just last week with a list price of $239,500. The owners bought it in 1999 for $125,000, and presented the keys to the happy new owners on Friday for $197,500. Cape San Blas Lot in Jubilation Under Contract July 2015 with List Price of $62,500

Down on the south side of the Cape in Jubilation our third and final sale is a  50′ by 85′, 0.10-acre X-zone lot listed for $62,500. The sellers paid $395,000 for it in December 2004, but it was not listed as a short sale.  On Friday they handed over the title at closing for $55,000. Gulf Pines Gulf Front Lot Under Contract July 2015 with List Price of $435,000

The shopping action this week was off the Cape; we’ll start our review of our five new contracts over in Gulf Pines out along the C-30 Corridor between the Cape and Indian Pass. Buyers penned a deal on this half-acre-plus 76′ wide gulf front lot listed for $435,000. The sellers have owned this less than six months, having bought it back in February for $350,000. Curious to see what this one closes for as it will have a significant impact on gulf front comp prices if it comes in anywhere near list.

Gulf Front Home Under Contract July 2015 With List Price of $599,000

Our next three contracts are all over in Treasure Shores, beginning with this 3-bedroom, 2 1/2-bath, 1,664 square foot gulf front home listed for $599,000. It is situated on a 75′ wide stretch of beach, and was built in 1992.  The sellers are the original owners of the house, buying the lot way back in ’91 for a mere $45,000.

Treasure Shores First Tier Home Under Contract July 2015 with List Price of $399,900

On the other side of Treasure Shores Drive, contract number three is on a 3-bedroom, 2-bath, 1,468 square foot first tier home sporting a $399,900 price tag.  Back in June of 2010 the sellers picked it up in a distressed sale for $250,000. They have spruced it up quite a bit since then.

Treasure Shores First Tier Lot Under Contract July 2015 with List Price of $129,900

Our third Treasure Shores contract is on a 75′ by 150′, quarter-acre first tier lot listed for $129,900.  The sellers have owned this since 1984 when the going price was $14,000.

Indian Pass Lagoon Front Lot Under Contract July 2015 with List Price of $199,000

For our fifth and final new contract we’ll head on over to Indian Pass where this 128′ wide by 590′ deep lagoon front lot caught the eyes of an admirer with its $119,000 price tag. That’s a little over 1 1/2 acres in an absolutely gorgeous setting.

That does it for this week. We’re still moving a lot of value-priced properties, so as we like to say along the shore, “the water’s fine – jump on in”! If you’d like to test the waters for some great deals, call or text me at 850-227-5197 or shoot me an email to sherri@sherridodsworth.com and we’ll get to work. Until then, have a great week, don’t forget that sun screen, and thanks for taking time to stop by today.

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Jul 18 2015

Cape San Blas Real Estate Week in Review – July 11-17, 2015

Published by under Cape San Blas

For Sale Sold SignAnd the hits just keep on coming. We had another scorching hot real estate week, closing three sales,  putting eight properties under contract, adding six new listings, and changing prices on twelve others, five of which were price increases. Our inventory remains unchanged for the third week in a row at 266, with 81 homes and 185 lots listed in the MLS in the Cape San Blas, Indian Pass and C-30 Corridor market.  Once again, we have a lot of territory to cover, so let’s get right to it.

Cape San Blas Gulf View Lot Under Contract March 2015 with List Price of $79,000

The first of our three sales is a gulf view quarter-acre “X” zone lot on Tampico Lane overlooking Cape Shoals that went under contract in late May with a list price of $79,000. From what I can glean from public records the seller’s family is the developer of this community and so has owned it for quite some time. On Wednesday it closed for $75,000.

Gulf View Home in Jubilation at Cape San Blas Under Contract June 2015 with List Price of $529,000

Our second sale is a charming classic southern beach-home in beautiful Jubilation on the south side of the Cape. Beautifully furnished and sold turn-key ready, this 3-bedroom, 3-bath, 2,072 square foot gulf view home built in 2011 went under contract in June sporting a $529,000 price tag.  There are impressive views of the gulf from the screened porches, and the gorgeous gulf front community pool is only a short stroll away.  My happy buyers picked up the keys at closing on Thursday for $524,000 and I know they are going to build a lot of lifetime memories in this lovely home.

Indian Pass Second Tier Lot Under Contract July 2015 with List Price of $29,900

Our third and final sale takes us over to Indian Pass to the Reservation.  Three weeks ago buyers penned a deal on this 52′ by 170′, quarter-acre second tier lot listed for an attractive $29,900. The sellers paid $33,500 for it in mid-2012, and sold it on Monday for $27,000.

Barrier Dunes Townhouse Under Contract July 2015 with List Price of $239,500

We begin our review of this week’s eight new contracts where we so often do, up in Barrier Dunes where this 2-bedroom, 2-bath, 1,197 square-foot first tier townhouse on Sabal Drive went under contract on Monday with a list price of $239,500. The owners bought it in 1999 for $125,000.

Ovation at Cape San Blas Second Tier Lot Under Contract April 2015 with List Price of $114,900

About a mile down the road in Ovation, buyers penned a deal on a second-tier lot listed for $115,000. This 107′ by 50′ “X” zone lot originally sold in the summer of 2005 for $500,000. The current owners bought it two years ago for $95,000.

Cape San Blas Gulf Front Townhouse Under Contract with List Price of $229,000

Our third sale is 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 bought it in January of this year for $205,000 and put it under contract this week with a list price of $229,000.

Cape San Blas Gulf Front Home Under Contract July 2015 with List Price of $834,000

Not far away on Haven Road, contract number four is on a beautiful gulf front home. Situated on 55′ of beautifully vegetated gulf front, this  5-bedroom, 4 1/2-bath, 2,735 square foot beauty built in 2002 went under contract on Thursday with a list price of $834,000.

Cape San Blas Gulf Front Townhouse Under Contract July 2015 with List Price of $389,000

Next up is a 1,600 square foot, 3-bedroom, 2 1/2-bath Sunrise Sunset townhome near the rocks at Stumphole which was listed on July 10 for $389,000 and put under contract 5 days later. The Sellers bought the place in 2008 for $305,000.

Cape San Blas Office Building and Tract Under Contract July 2015 with List Price of $295,000 Cape San Blas Road Front Lot Under Contract July 2015 wiuth LIst Price of $35,000

Our next two contracts on the south side of the Cape are related. One is on an office building, the other on the adjacent lot. The properties belong to a company who is simply transferring ownership of the real estate from the company’s founding owners to the operational owners who have owned and managed the business for the past year or so. The office with 2.3 acre parcel is under contract with a list price of $295,000, and the adjacent half-acre lot is under contract with a list price of $35,000.

Beach Cottage at Indian Pass Under Contract July 2015 with List Price of $162,900

We’re back over at Indian Pass for our final new contract, a charming little cottage on South Palm Street. This 1-bedroom, 1-bath, 1,092 square foot cutie was built in 1980. It’s located just a short stroll to the beach, Is FEMA flood insurance eligible, and is under contract with a list price of $162,900. She has a lot of potential.

That’ll do it for this week. Glad to have so much activity going on as people are snapping up these 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 12 2015

Cape San Blas Real Estate Week in Review – July 4-10, 2015

Published by under Cape San Blas

For Sale and SoldThere have been fireworks galore all along the beaches this week as folks celebrated Independence Day, and there was no shortage of fireworks in our real estate market, either, with buyers snapping up lots of sizzling hot deals. We closed five sales, penned four new contracts, stocked the inventory with six new listings, and changed price tags on five others, including one price increase. Even with all that activity, our inventory didn’t budge, closing once again at 266, with 82 homes and 184 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor market. Lots to review today, so let’s wade right in.

Cape San Blas Gulf View Townhouse Under at Seacliffs Under Contract May 2015 with List Price of $299,000

We begin our review of this week’s crop of five sales with this 3-bedroom, 3 1/2-bath, 1,692 square foot unit up in Seacliffs.  This home is located by the gulf end of the pool, with easy access to and wonderful views of the gulf, has an enclosed garage, and an elevator.  The sellers bought it back in 2001 for $272,500 and put it under contract in May with a list price of $299,000.  The parties closed on Friday with the new owners picking up the keys for $260,000.

Cape San Blas Road Front Lot Near Park Under Contract July 2015 with List Price of $92,000

Less than a quarter-mile south of Sea Cliffs not far from Coneheads restaurant, this gulf view lot attracted a fan last week who saw the $92,000 price tag and took the plunge.  This property is one lot of a 3-lot minor replat of the parent tract which originally ran from Cape San Blas Road to the gulf and is the first time it has sold since that replat.  On Monday it closed for $91,800 cash.

Ovation at Cape San Blas Bay Side Lot Under Contract June 2015 with List Price of $60,000

In nearby Ovation, buyers penned a deal in early June on a 0.16 acre “X”-zone lot on the bayside on Pinnacle listed for $60,000. These sellers bought it for $38,000 in early 2011, contrasted with the $355,000 the developers sold it for in late 2005.  New owners took title on Thursday for $57,500.

Cape San Blas Gulf Front Home Under Contract June 2015 with List Price of $549,900

Our fourth sale is on Belize Drive, a little north of Scallop Cove. Buyers liked this 3-bedroom, 3 1/2-bath, 1,997-square foot gulf front home listed for $549,900. This immaculate home is situated on a 50′ wide span of waterfront.  The sellers have owned it since 1999 when they bought it brand new in 1999 for $398,500, and on Friday they sold it for $520,000.

Gulf First Tier Lot Near Cape San Blas Under Contract June 2015 with List Price of $130,000

Our fifth and final sale takes us off the Cape heading east along C-30 to Gulf Pines where this 100′ by 65′, 0.65-acre first tier lot went under contract in mid-June with a list price of $130,000. The sellers have had this one a long time, picking it up in 1983 for $30,000, and on Thursday they signed over the title to the new owners for $118,000 cash, with the buyers paying all closing costs less the brokers’ commission and pro-rated property taxes. Gulf Pines is a quiet little neighborhood of attractive homes, is FEMA-eligible, and their HOA fees are only $100 per year.

Cape San Blas Gulf Front Home Under Contract July 2015 with List Price of $485,000

Now onto our four new contracts, where we have more gulf front action, this time on Antilles Drive back behind Pristine Properties Vacation Rentals. Here we have a 1,776 square foot, 5-bedroom, 3 1/2-bath home built in 1987 under contract with a list price of $485,000. The sellers bought it in 2003 for $325,000, and have made improvements since then, including adding new decks.

Cape San Blas Bank-Owned Home Under Contract July 2015 with List Price of $515,900

On the south side of the Cape in Surfside Estates, our next contract is on a 5-bedroom, 3 1/2-bath, 3,242 square foot bank-owned home listed for $515,900. This spacious home was built in 2007 by owners who bought the lot in 2002 for $127,000.

Classic Florida Cottage Under Contract July 2015 with List Price of $249,900

Contract number three is in Treasure Shores, a home on the north side of C-30. It’s a classic Florida beach cottage with 2 bedrooms and 2 baths, and 1148 square feet of charm. The sellers purchased the home in the summer of 2012 for $189,000, and put it under contract this week with a list price of $249,900.

Indian Pass Gulf Front Lot Under Contract July 2015 with List Price of $239,000

Our fourth and final new contract is over on Indian Pass. Here a 60′ wide by 520′ deep, 0.72 gulf front lot went under contract on Friday with a list price of $239,000.  The sellers bought it in October 2009 for $300,000 and have approved DEP permitting for building.

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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Jul 03 2015

Cape San Blas Real Estate Review – June 20 – July 3, 2015

Published by under Cape San Blas

For Sale and SoldWhat a wild and wonderful whirlwind two weeks it has been since last we met.  Lots of excitement with our company, Boardwalk Realty, and Coastal Realty Group melding into one great big, happy, power-house real estate family. I’ve been working with so many wonderful buyers helping them negotiate contracts, and with several sellers getting their properties ready for market. In the past fortnight, our MLS has recorded nine sales and nine new contracts, eleven new listings, and fourteen price changes. We welcome the holiday weekend with our inventory slimmer by three, at 266, with 84 homes and 182 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor MLS.  We have a lot to see today, so let’s get rolling!

Cape San Blas Bay Front Lot Under Contract May 2015 with List Pirce of $250,000

The first of our crop of nine sales has us starting off on the north end of the Cape on the bay side with a 60′ by 552′ bay front lot adjacent to the state park that went under contract at the end of May with a list price of $250,000. This listing was added the same day the sellers put it under contract. The property is a portion of a 5-acre parent parcel with 423′  of waterfront the sellers purchased in mid-April for $400,000, and they’ve now sold this newly platted lot for $225,000.

Ovation at Cape San Blas First Tier Gulf Side Lot Under Contract June 2015 with List Price of $199,000

Two of our sales are in Ovation, starting with this gulf side first tier lot listed for $199,000. The seller got a steal of a deal on it in December 2013, picking it up at a bank sale for a very sweet $86,000, a far cry from the $775,000 the developers sold it for in 2005.  On Monday it closed for $171,000.

Bay View Lot in Ovation at Cape San Blas Sold June 2015 for $72,500

Over on the Bayside of Ovation, the parties negotiated an agreement on this bay view lot on the 24th, and closed on the 2nd.  This is the third time in as many years this property has changed hands, having been sold by the developer in May 2012 for $22,500, then again in February of 2013 for $35,000, and finally this time around for $72,500. The sellers had it listed for $77,500.

Cape San Blas Gulf Front Home Under Contract June 2015 with List Price of $429,000

We’ll mosey about a mile southward to Rosemary Dunes, where the parties closed on this 3-bedroom, 3-bath, 1,900 square foot gulf front home nearing completion sporting a $429,000 price tag.  It’s nestled on a 40′ wide, “X” zone lot just south of Rish Park, and on Thursday the buyers picked up the keys to their beach dream at closing for $401,500.

Cape San Blas Interior Home Under Contract May 2015 with List Price of $349,900

We’ll head on down to the south side of the Cape now for our next sale, a comfy 3-bedroom, 2-bath, 1,568 square foot gulf view home on Pebble Beach Drive that was listed for $349,900. It’s owner-occupied, very well maintained and has a pleasant distant view of the gulf from the decks.  The sellers bought the lot alone in 2001 for $48,500 an sold the home on Wednesday for $328,000.

Interior Lot in Villa del Sol at Cape San Blas Under Contract May 2015 with List Price of $39,900

No, this isn’t a shot of a lunar landing site, it’s Villa del Sol, a remnant from the real estate bubble peak when developers did this project on acreage spanning from gulf to bay. They bulldozed from the road to the gulf, sank a fortune into infrastructure and advertising, then went bust, only managing to sell about a half a dozen lots before doing so.  This is one of those lots. The sellers bought it in the summer of 2005 for $460,000 and put it under contract in late May with a list price of $39,900.  New owners took title on the 26th for $38,500. Villa del Sol was bought by a group of investors about two years ago so hopefully they will be able to breathe new life into the project.

Cape San Blas First Tier Lot Under Contract May 2015 with List Price of $69,900

A few blocks past Villa del Sol is a  little-known micro-subdivision of Lantana by the Sea, home to our sixth sale, an irregularly-shaped first tier lot listed for $69,900, which sold last week for $55,000. The large portion of this lot is listed as being 40′ wide by 215′ deep.

Gulf Vew Lot Under Contract June 2015 with List Price of $65,000

Our eighth sale takes us off the Cape and out on to C-30 and over to Treasure Shores First Addition, just west of Indian Pass Raw Bar.  The sellers had a 100′ by 300′, 0.69-acre lot listed for $65,000 that they sold for $58,000. They bought it in late 2002 for $87,500.

Indian Pass Interior Lot Under Contract June 2015 with List Price of $99,500

Our ninth and final sale is over at Indian Pass where this 75′ by 110′ “X” zone interior lot on Palm Street in Indian Pass Beach Subdivision went under contract in mid-June with an asking price of $99,500. The sellers bought it in late 2013 for $75,000, and sold it last week for $89,500.

Park Point Lot at Cape San Blas Under Contract July 2015 with List Price of $55,000

Eight of our nine new contracts in the past two weeks are on Cape properties, beginning with this quarter-acre lot up in Park Point on the north end of the cape.  This secluded little subdivision adjoins the state park, and is a quiet and peaceful setting.  The sellers bought the lot in 2012 for $25,000, and have it under contract with a list price of $55,000.

Barrier Dunes X Zone Townhouse Under Contract July 2015 with List Price of $269,000

Our next two contracts are in nearby Barrier Dunes, starting with this 2-bedroom, 2 1/2-bath, 1,377 square foot townhouse listed for $269,000. This circa 1990 home is one of a very few homes in this complex located in the X flood zone. The sellers bought it in early 2006 for $364,000.

Barrier Dunes Parkside Townhouse Under Contract July 2015 with List Price of $187,000

Over on Parkside buyers made an offer on this 3-bedroom, 3 1/2-bath, 1,172-square foot townhouse built in 19895.  The sellers bought it in 1999 for $78,900 and have it listed for $187,000.

Cape San Blas Road Front Lot Near Park Under Contract July 2015 with List Price of $92,000

Less than a quarter-mile south of Barrier Dunes not far from Coneheads restaurant, this gulf view lot attracted a fan who saw the $92,000 price tag and took the plunge.  This property is one lot of a 3-lot minor replat of the parent tract which originally ran from Cape San Blas Road to the gulf and is the first time it has sold since that replat.

Cape San Blas Home Under Contract July 2015 with List Price of $299,900

Peninsula Estates is home to our next contract which is on this 3-bedroom, 2-bath, 1,298-square foot home originally built in 1987 but has gone through extensive renovations since.   This subdivision spans from gulf to bay, and all owners enjoy deeded to access to both.  This home is on the bayside of the community.  The sellers bought the property in August 2005 for $350,000 and subsequently renovated, re-furnished, and added an in-ground pool.  Buyers have it under contract with a list price of $299,900.

Cape San Blas Bay Front Estate Under Contract July 2015 with List Price of $675,000

Here’s a beauty on the bay. Situated on 2+ acres with 125′ of bay front, this 3,455 square-foot stately home has an enclosed air conditioned Florida room with built-in smoker grill, dining table and sitting area facing the bay bringing the outside inside. There are two complete master suites, 4 bedrooms total, and 3.5 baths. Outdoor deck is just off the Florida room and a screened porch perfect for viewing the wild life. There is a shared dock and a small private pond on the grounds.  The sellers are asking what they paid for it in mid-2010, $675,000.

Cape San Blas Duplex Under Contract July 2015 with List Price of $219,000

We’re heading south down Cape San Blas Road a mile or so to Antilles to this duplex where one side went under contract Tuesday with a list price of $219,000. The 2-bedroom, 2 1/2-bath, 1,400 square foot unit is located in an X zone, and last sold in June 1999 for $80,400.

Cape San Blas Lot in Jubilation Under Contract July 2015 with List Price of $62,500

Down on the south side of the Cape in Jubilation buyers had an offer accepted on this 50′ by 85′, 0.10-acre X-zone lot listed for $62,500. The sellers paid $395,000 for it in December 2004, but it is not listed as a short sale.

Indian Pass Second Tier Lot Under Contract July 2015 with List Price of $29,900

Our ninth and final new contract takes us back over to Indian Pass to the Reservation.  Here buyers penned a deal on this 52′ by 170′, quarter-acre second tier lot listed for an attractive $29,900. The sellers paid $33,500 for it in mid-2012.

And that’s a wrap!  I want to take a moment to apologize for not honoring my commitment last Saturday to have last week’s review posted by Sunday. Between working with so many wonderful buyers, the company merger, and setting up several new listings, my To-Do list simply exceeded hours on my calendar.  Glad to be back today and getting the market news out to you.  There is a lot of demand for property, so if you’re thinking of buying or selling, I’d love to help you. Call or text me at 850-227-5197 or reach me at sherri@sherridodsworth.com . With Boardwalk and Coastal Realty combining our considerable resources, we’re poised stronger than ever to provide the expertise, marketing resources, and attention to detail you deserve.

Have a safe and exuberant Independence Day Weekend – hope to see you back soon!

 

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Jul 01 2015

Exciting News! Boardwalk Realty Has Merged with Coastal Realty Group

Published by under Cape San Blas

What an exciting, busy, wonderfully crazy week this has been!  So happy to announce that our company, Boardwalk, has merged with Coastal Realty Group as of today, July 1.  Which jut also happens to be my birthday – Happy Birthday to Me!!!!  Our new Broker, Preston Russ, sent out the following announcement this morning.

It is with great pleasure that I get to announce that effective today Boardwalk Realty is merging with Coastal Realty. Boardwalk has an amazing broker, Libia Taylor and I have always admired her for her professionalism. She and all of her team of agents will stay on and become a part of Coastal Realty Group. Coastal Realty Group and Boardwalk both offer a proven marketing approach to make this a winning opportunity to all involved in this endeavor

Coastal Realty Group will now be the largest real estate brokerage in the Forgotten Coast with 5 offices: Cape San Blas, Port St. Joe, St. George Island, Carrabelle, and their new headquarters at 1252 Cape San Blas Rd, former home to Boardwalk Realty. Libia Taylor, Eli Duarte, Sherri Dodsworth, Chris Petrie, Gabrielle Piergiovanni and Ed Mitchem will continue to practice real estate and perform outstanding client and transaction care under the umbrella of Coastal Realty Group. To see the Realtors at that office, check out the csbrealestate.com website.

And I am sure that many of you have read Sherri’s blog before. See it now at

capesanblasblog.com.

Coastal Realty was the sales volume leader for all of Gulf County last year and YTD this year. With our expansion and increased team size we should continue to dominate the market in this area for years to come.

Between the merger going on and working with so many buyers excited about finding their beach dream, my Saturday post from last week will be wrapped into a mega-review this weekend.  I hope you’re ready for a terrific holiday weekend – we’re ready to celebrate!!!!!!!!!!!

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Jun 26 2015

Hot, Hot, Hot!

Published by under Cape San Blas

Friday, June 26. 8:15 p.m. Still negotiating contracts with buyers. Nice! Showing property all day Saturday. Nice! Definitely looking like a Sunday posting shaping up.  Be sure to check back as there has been LOTS of action this week, with five sales, six new contracts, seven new listings,  and six price changes. I’ll be back on Sunday to give you the 411 on those sales and new contracts, so please make a note to stop by.

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