Archive for the 'Cape San Blas' Category

Apr 30 2016

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

Published by under Cape San Blas

For Sale and SoldWe just keep chugging along cranking out the real estate sales.  This week we closed eight sales and wrote up five new contracts, added five new listings, but only made one price change.  Our inventory hardly changed at all, shedding but one, closing the week at 265, with 87 homes and 178 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor MLS. We have a lot of territory to cover, so settle in, make yourself comfortable, and let’s get rolling.

Sunset Pointe Lot Under Contract April 2016 with LIst Price of $43,500

We’ll kick off our review of this week’s eight sales up in Sunset Pointe with a quarter-acre interior lot listed for $42,500.   The sellers bought it from the developer in late 2014 for $34,000, and signed it over to the new owners on Thursday for $41,000.

Barrier Dunes Townhome at Cape San Blas Under Contract Feb. 2016 with List Price of $335,000

In nearby Barrier Dunes is a 2-bedroom, 2 1/2-bath, 1,377 square foot pond-front townhouse on Sandpine Drive under contract with a list price of $279,000. The sellers bought it in 2007 for $335,000, and the happy buyers picked up their keys at closing on Tuesday for $262,000.

Ovation at Cape San Blas First Tier Lot Under Contract May 2014 as Short Sale with List Price of $135,000

Down the road a bit in Ovation, our third sale is a gulf view, bank-owned, first tier lot listed for $169,900; it last sold in 2005 for $775,000.  New owners took title on Monday for $150,000. All of the first tier lots in Ovation are completely in the “X” zone.

Cape San Blas Gulf Front Home Under Contract Jan. 2016 with List Price of $674,900

Clipper Way has been a happening place lately. It’s the site of our next sale, a 3-bedroom, 2 1/2-bath, 1,560 square foot gulf front home listed for $674,900. The home was built in 1999, and has changed hands a few times since then; in 2004 it sold for $775,000.  The sellers bought it bought it in December 2009 for $460,000, and realized a nice return on that price closing on Monday for $672,000.

Cape San Blas Gulf Front Home Under Contract March 2016 with List Price of $998,000

Buyers were loving waterfront this week, with half of our sales all fronting the gulf. Down near Scallop Cove in Clifton Place, sellers closed on their 5-bedroom, 4 1/2-bath, 4,094 square foot home centered on 50′ of Cape San Blas’s sugar white sand. They bought the home in the summer of 2004 for $1.25M, had it listed for $998,000, handed over the keys on Monday for $800,000 cash.

Bank-Owned Gulf View House at Cape San Blas Under Contract March 2016 with List Price of $384,900

Sale number six is down to the south side of the Cape.  It’s a bank-owned property, a 4-bedroom, 2 1/2-bath, 2,122 square foot gulf view home on Plover Drive in San Blas Plantation listed for $384,900. This home was built in 2005 and has a nice in-ground pool, outdoor spa and tiki bar.  New owners took title Thursday with a full price closing at $384,900.

Money Bayou Gulf Front Lot Under Contract March 2016 with List Price of $239,000

We’re heading off the Cape and travelling east along C-30 over to Money Bayou where this 50′ by 464′, half-acre gulf front lot on Sweetwater Drive has been under contract since early March with a list price of $239,000. That price includes DEP permitting and house plans from F & B Builders. The sellers bought the property in late 2013 for $207,500, and sold it this week for $236,000. Ten years ago in December 2003 it sold for $504,000.

Gulf Front Lot at Indian Pass Under Contract November 2015 with List Price of $195,000

Our eighth and final sale is a 58′ wide by 577′ deep gulf front lot on Indian Pass listed for $195,000. The seller bought it in mid-2000 for $180,000, and didn’t waiver on his asking price, closing on Friday for $195,000.

Cape San Blas Gulf View Home Under Contract April 2016 with List Price of $586,000

The first of our five new contracts  is a newly built gulf view home on Tampico Drive behind the townhouses at Cape Shoals.   It has 5 bedrooms, 3 1/2 baths, in-ground pool, is located in the “X” zone, and is listed for $586,000.

Cape San Blas Interior Lot Under Contract April 2016 with List Price of $44,900

Our second contract takes us to San Blas Plantation on the south side of the Cape where sellers accepted an offer on their 69′ by 169′, quarter-acre “X” zone lot listed for $44,900. Our office is in this subdivision on Cape San Blas Road.  All the properties here include deeded gulf access.  Back in 2005 this lot sold for $315,000.

Bay View Lot Under Contract April 2016 with List Price of $29,900

We’re heading off the Cape again and out onto C-30 heading towards town.  Here buyers penned a deal on a third of an acre lot across from the bay. The sellers bought it in mid-2004 for $149,000, and have it listed for $29,900.

Indian Pass Gulf Front Home Under Contract April 2016 with List Price of $899,000

Tucked away on 75′ of quiet gulf front on Canoe Lane in Indian Summer at Indian Pass is this handsome 2,400 square foot, 4-bedroom, 3-bath, gulf front home listed for $899,000. .  The sellers bought it in 2009 for $825,000. Back at the height of the market in 2004 it sold for $1.5M.

Indian Pass Lagoon View Lot Under Contract April 2016 with List Price of $19,900

Our fifth and final contract takes us towards the far end of the Indian Pass Peninsula to the lagoon side of Higgins Street in Indian Pass Beach subdivision. Buyers had their offer accepted on this 70′ by 115′ low-lying lot listed for $19,900. The seller bought it in 2001 for $4,500.

That’s a wrap for this week. As you can see, sales activity is continuing along at a good brisk pace, so if you’re considering finding a good value here along the coast for yourself, I’d love to help you. Please call or text me at 850-227-5197 or send me an email to sherri@sherridiosworth.com and we’ll get started. As I’ve said before, I love turning readers into neighbors. Have a great week, and thanks so much for taking time to stop by today.

 

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Apr 22 2016

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

Published by under Cape San Blas

For Sale Sold Sign  We’ve had a lot of visitors here this week enjoying our gorgeous beaches and a good number of them took time out from their fun in the sun to claim a little portion of our paradise for their very own. We managed three sales and four new contracts, added thirteen new listings, and changed prices on seven others. All this resulted in an uptick in our inventory, closing up by 2 at 266, with 87 homes and 179 lots listed in the Cape San Blas, Indian Pass and C-30 Corridor MLS. Let’s take a look at what’s moving.

Cape San Blas Third Tier Lot Under Contract March 2016 with List Price of $74,900

We’ll kick off our review of this week’s three sales on the south side of the Cape on McCosh Mill Road in Piney Woods where with this “X” zone, third tier property went under contract in mid-March with a list price of $74,900. It’s right across the street from the community pool. The sellers bought the 60′ by 95′ flag lot this past October for $50,000, and have sold it for $65,000.

Bay View Subdivision Under Contract with List Price of $300,000

Let’s leave the Cape and head on over to Simmons Bayou for a unique offering, a 16-lot subdivision listed for $300,000. According to the MLS, it includes a common area parcel for recreational area and community pool. HOA docs with covenants, conditions and restrictions are in draft form and ready to be recorded or amended. An investor decided to give it a try and put down $325,000 at closing to see what can be done with it.

Indian Pass Lagoon Front Proprety Under Contract April 2016 with List Price of $50,000

Our third sale is over on Indian Pass with this 5+ acre lagoon front parcel under contract with a list price $50,000.  Looking at the aerials there appears to be a lot of wetlands and marshland included in the acreage which makes that price tag make sense. According to the county records this is a probate sale and I didn’t find any pertinent prior sale records so I suspect it has been in the family for some time.  Cash talks once again, and the parties went to closing on Thursday, settling for full price of $50,000.

Barrier Dunes Single Family Home Under Contract April 2016 with List Price of $449,000

The first of our four new contracts is on the north end of the Cape in Barrier Dunes, and it’s an offering of a sort we don’t often see there, one of a handful of super cute Key-West style beach cottages. This one is a 3-bedroom, 3-bath, 1,364-square foot model built in 1993. I love the three-sided wrap around porches on both levels.  The sellers bought it in December 2009, and have it listed for $449,000.

Cape San Blas Bay Front Lot Under Contract April 2016 with List Price of $275,000

About a mile down the road in my neck of the woods, Cape Breezes, this 100′ by 320′ bay front lot went under contract within days of it hitting the market sporting a $275,000 price tag. This neighborhood is one of the original subdivisions on the Cape, dating from the early 80’s, and spans from the bay to the gulf. There is no HOA, no HOA fees, and all owners enjoy deeded gulf and bay access.

Cape San Blas Beach Cottage Under Contract April 2016 with LIst Price of $184,000

Next stop: Jamaica! Drive, that is. That’s the little beach road that meanders down behind the south side of The Tradin’ Post. Someone penned a deal on this 2-bedroom, 1-bath, 520 square foot retro beach cottage listed for $184,000.  The sellers picked it up back in the summer of 2004 for $155,000.

Treasure Shores Gulf Front Home Under Contract April 2016 with List Price of $879,000

We’re leaving the Cape again, this time heading over to Treasure Shores where buyers snapped up this 3-bedroom, 3-1/2 bath, 3,271 square foot gulf front home just two days after it was listed for $879,000.The home was built in 2002 on a 75′ span of beach front. In early 2012, the sellers bought it in a foreclosure sale for $649,000.

That does it for this week. If you’re interested in finding out about coastal opportunities or if you’re considering selling, let me know and I’ll be glad to help you either way. Call or text me at 850-227-5197  or shoot an email to sherri@sherridodsworth.com . Have a terrific week, and thanks so much for taking time out of your schedule to stop by today.

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Apr 15 2016

Cape San Blas Real Estate Week in Review – Apr. 9-15, 2016

Published by under Cape San Blas

For Sale and SoldGeorgia went back to school this week so we had fewer visitors here shopping for beach properties, but owners were busy as could be.  We closed just three sales and wrote three new contracts, but sellers added a whopping fourteen new listings and changed prices on four others.  Not surprisingly, our inventory took a giant leap upward, closing at 264, with 91 homes and 173 lots listed for sale in the Cape San Blas, Indian Pass, and C-30 Corridor Market MLS.

Gulf Front and 1st Tier Lot Under Contract March 2016 with List Price of $499,000

We’ll begin our review of this week’s three sales in Seagrass on the Cape.  This listing is for an adjoining gulf front and first tier lot listed for $499,000. Last March the sellers picked the pair up for $350,000. Because the gulf front parcels sit so far seaward, DEP has never approved permitting for them, which explains the combined price of these two parcels. The county’s assessed value for the gulf front lot is $6,000; the first tier $296,000. On Monday they sold for $492,000.

Cape San Blas Interior Home in Piney Woods Under Contract Feb. 2016 With List Price of $349,000

On the south side of the Cape on McCosh Mill Road in Piney Woods, buyers fell in love with this cute little recently completed 3-bedroom, 2 1/2-bath, 1,224 square foot beach cottage listed for $349,000.  They picked up the keys at closing on Friday for $330,000.

Treasure Bay Lot Under Contract April 2016 with List Price of $37,000

We’ll head off the Cape and travel east along C-30 for our third sale, a 105′ by 215′, half-acre lot in Treasure Bay listed for $37,000. The sellers bought the property in 2001 for $24,500, roughly $33,000 today in inflation-adjusted dollars.  On Wednesday they signed over title to the new owners for $30,000.

Barrier Dunes Townhouse Under Contract April 2016 with List Price of $249,000

For the first of our three new contracts we’ll head up to Barrier Dunes where buyers had their offer accepted on this 2-bedroom, 2-bath, 1,216 square-foot townhouse listed for $249,000.  The sellers bought the rental property in July 2013 for $187,500 cash and have spruced it up nicely since then.

Cape San Blas First Tier Lot Under Contract April 2016 with List Price of $238,000

Contract number two is on a first tier lot in Ocean Haven listed for $238,000.  According to the county property appraiser’s records it last sold for $500,500 in November 2004. I wanted to make sure that amount wasn’t for a multiple sale so I went to the county clerk’s records, and sure enough, that was the price for this single lot.

Bank-Owned 7.5Acres Lagoon Front Property on Indian Pass Under Contract April 2016 with List Price of $429,500

We’ll wind things up today over on Indian Pass where this bank-owned 7 1/2-acre lagoon front parcel went under contract on Monday with a list price of $429,500, a far cry from the $2.1M it sold for in late 2004.  This peaceful parcel measures 606′ on the waterfront.

That’s a wrap – good to see such continuing market interest. I’ve been working with so many buyers negotiating some great deals on lots and homes, and you can, too. If you’re thinking of getting in on some of these values, let’s talk. Call or text me at 850-227-5197 or shoot me an email to sherri@sherridodsworth.com and we’ll get started. Thanks so much for taking time out of your schedule today – hope to hear from you soon.

 

 

 

 

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Apr 13 2016

Great News! Referendum for Beach Restoration Overwhelmingly Approved!!!

Published by under Cape San Blas

Efforts by a hard working crew of dedicated residents to pass a referendum to provide for renewed beach restoration on the Cape paid off on Tuesday when the measure was approved overwhelmingly by the voters living in the district most directly impacted, those north of the rocks at Stumphole to the state Park.  The Star posted an article shortly after 7 p.m. when the results were announced.

A sincerely heartfelt thank you to all involved in making this a reality; you have logged a lot of long hours and you are very much appreciated.  Thank you so much.

Beach Restoration Funding Approved April 2016

Photo of the 2008 Beach restoration project in process.

 

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Apr 09 2016

Cape San Blas Real Estate Week in Review – April 2-8, 2016

Published by under Cape San Blas

For Sale Sold Sign Seems everyone in Georgia was on Spring Break this week and having a great time here on the Cape. The weather has been awesome and business is booming. We closed four sales and wrote up six new contracts. I’m proud to say our Coastal Realty Group team participated in every one of those four sales.  Way to go team CRG!  Sellers hung For Sale signs on ten new listings and changed prices on nine others.  Let’s take a look at all the action.

Cape San Blas Gulf Front Lot Under Contract Feb. 2016 with List Price of $499,900

The first of this week’s  four sales is in one of the most beautiful areas of the Cape, Sunset Pointe, a lovely gulf front subdivision up beside the state park. The dunes and beach that line this gated community are just magnificent. You can’t blame someone for falling in love with this roughly half acre lot featuring 90′ of gulf frontage. This piece of paradise sold in 2005 for $1.4M, then again in early 2007 to the current owners for $975,000. In mid-February it went under contract with a list price of $499,900, and on Friday the happy new owners took title for $450,000.

First Tier Barrier Dunes Townhouse Under Contract March 2016 with List Price of $290,000

In nearby Barrier Dunes, buyers fell in love with this 2-bedroom, 2-bath, first tier townhouse with great views of the gulf and the pool overlooking the gulf.  The sellers bought it in January 2012 for $145,000 and set about doing a serious renovation, painting through out, all new appliances, new furnishings and a number of custom upgrades. They listed it in December 2013 for $290,000, and accepted an offer on it in early March.  On Friday the new owners’ beach dreams came true when they picked up the keys at closing for $285,000

Bank-Owned Cape San Blas Gulf Front Home Under Contract January 2016 with List Price of $499,900

About a mile south in Cape Breezes, a subdivision on the south side of Ovation, there was a bank offering in February on this 3-bedroom, 2-bath, 1,496 square foot gulf front home built in 1984.  The beauty of this place is that it’s not only located in a great little community with no HOA or HOA fees, it is also situated on a 102′ wide gulf front lot, hard to find any more on the Cape. The bank intentionally listed this at an irresistibly low price of $499,900 to encourage offers and their strategy definitely worked. Within just a few days of it hitting the MLS they had nine offers in hand. The winner of that bidding war emerged victorious this week for $601,000.

Cape San Blas Gulf View Lot Under Contract March 2016 with List price of $89,900

Next we’ll head down to the south side of the Cape to the gated community of Southbeach where this quarter-acre, gulf view, X-zone lot went under contract three weeks ago with a list price of $89,900.  The sellers bought it in mid-2014 for $54,800, and turned a tidy little profit this week closing for $75,000.

Sunset Pointe Lot Under Contract April 2016 with LIst Price of $43,500

Now on to our six new contracts, returning once again to Sunset Pointe, this time focusing on a quarter-acre interior lot listed for $42,500.   The sellers bought it from the developer in late 2014 for $34,000.

Cape San Blas Home Under Contract April 2016 with List Price $429,900

Back down on the south side of the Cape in Surfside Estates, a newly listed 3-bedroom, 2-bath, 1,480 square foot home with an in-ground pool and in the “X” zone went under contract with a list price of $429,900.  The sellers bought the lot in 2011 for $45,000 and started building shortly thereafter.

C-30 Bay Front Estate Under Contract April 2016 with LIst Price of $699,000

We’re travelling off the Cape heading over to the Simmons Bayou area where buyers penned an offer on this handsome 3-bedroom, 3 1/2-bath, 3,090 square foot home tucked away on 257′ feet of bay front and surrounded by 5.73 acres.  Hard to believe but the owners picked up that large parcel of land back in 1984 for a mere $50,000.  They have this home under contract now with a list price of $699,000.

Treasure Bay Lot Under Contract April 2016 with List Price of $37,000

Heading east along C-30 contract number four is on a 105′ by 215′, half-acre lot in Treasure Bay listed for $37,000. The sellers bought the property in 2001 for $24,500, roughly $33,000 today in inflation-adjusted dollars.

Money Bayou Gulf Front Lot Under Contract April 2016 with List Price of $278,000

This next contract is over in Money Bayou on Sweetwater Drive where buyers made a wise choice writing up an offer on this 50′ wide, half-acre gulf front lot listed for $278,000. This is a terrific area along the south-facing beach and is a FEMA-eligible.   The sellers bought the property in late 2009 for $109,900.

Indian Pass Lagoon Front Lot Under Contract April 2016 with List Price of $79,000

We’ll wrap things up today over in Indian Pass where another recently listed property went quickly under contract with a list price of $79,000. This is a 2.32-acre lagoon front parcel near the boat launch at the tip of the peninsula. It’s a pretty setting with what appears to be a fair amount of wetlands.

I hope you’re enjoying similarly gorgeous Spring weather in your  part of the world as we are here on the Cape this week. I have some serious Spring fever and anxious to head out and enjoy some of this warm sunshine. I’m showing property again this afternoon, gulf front lots on the Cape, so that’s a pleasant way to enjoy an afternoon at the beach!  I’ll have my phone with me, so if you want more info on these or any other property, or if you want to talk about what your property might bring today if you’re an owner, by all means give me a call at 850-227-5197 or shoot me an email to sherri@sherridodsworth.com . Always happy to talk real estate.  I look forward to hearing from you. Thanks for stopping by.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

six new contracts

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Apr 02 2016

Cape San Blas Real Estate Week in Review – Mar. 26 – Apr. 1, 2016

Published by under Cape San Blas

For Sale Sold SignWhat a smokin’ hot week in real estate!  We had seven closingsfour new contracts, added eight new listings and changed prices on eleven others. Our inventory shed two, closing the week at 253, with 82 homes and 171 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor market.  We have a lot of territory to cover today so let’s see what has buyers fired up.

Cape San Blas Interior Lot Under Contract March 2016 with List Price of $49,900

One of the northernmost subdivisions subdivisions on the Cape is Sunset Pointe, and that’s where we’ll kick off today’s review of our seven sales.  This 87′ by 213′ “X” zone lot went under contract just last week the day after it debuted on the market sporting a $49,900 price tag, quite a difference from the price it commanded back in early 2004 when it sold for $380,000.  The current owner bought it in mid-2014 for $33,000, and sold it on Thursday for $47,500. The road to the right of the lot you see in the photo above is the entrance road to the state park.

Barrier Dunes Townhouse Sold March 2016 for $180,000

In nearby Barrier Dunes parties negotiated a quick deal on this 2-bedroom, 2 1/2-bath, 1,216 square foot townhouse for which the seller was asking $184,900. Early in the week someone offered them $180,000 and also offered to also pay $1,000 of the sellers closing costs and they closed on Thursday for $180,000 cash.

Cape San Blas Bay View Lot Under Contract March 2016 with List Price of $39,900

The next sale is a bay view lot in Ovation on Regatta Drive listed for $39,900. The sellers bought it back in 2012 for $19,000, and sold it on Thursday for $34,500.

Cape San Blas Waterview Lot Under Contract May 2016 with List Price of $134,500

Sale number four is on Seahorse Lane in Feather Sound. This is another quick turn around sale, as the quarter-acre lot sold last January for $75,000 and was listed for $134,500.  The parties went to closing on Wednesday and settled for $135,000 cash

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

This next sale is on Antilles Drive back behind Pristine Properties Vacation Rentals. Here we have a 1,776 square foot, 5-bedroom, 3 1/2-bath gulf front home built in 1987 under contract since January with a list price of $500,000. The sellers bought it in 2003 for $325,000, and have made improvements since then, including adding new decks.  Their hard work has now paid off with their turning over the keys at closing for $480,000.

Simmons Bayou Home Sold for $375,000 March 2016

Over along C-30 in Simmons Bayou, this recently completed 3-bedroom, 3-bath, 1,781 square foot bay front home in Shallow Reed went under contract in early February with a list price of $386,000. On Wednesday the new owners picked up the keys at closing for $375,000. After years of sitting dormant, it’s nice to see this subdivision finally coming to life, with other houses underway and a couple already sold.

Indian Pass Gulf View Lot Under Contract March 2016 with List Price of $172,500

Our final sale takes us out near the tip of the Indian Pass peninsula to this 105′ by 75′ first tier lot listed for $172,500. According to the MLS notes, the gulf front lot seaward of it has been deemed unbuildable.  There was no sales data available in the county property appraisers site.  The new owners took title on Thursday for $142,500 cash.

Cape San Blas Gulf Front Condo Under Contract March 2016 with List Price of $360,000

We’ll return to the north end of Cape San Blas to begin our review of this week’s four new contracts, beginning with this 3-bedroom, 2 1/2-bath, 1,670-square foot gulf front condo listed for $360,000. It was built in 1986 and is situated in an “X” flood zone. The sellers bought the unit back in 2003 for $433,500.  Monthly condo fees for these units are $785.

Cape San Blas Gulf Front Home Under Contract March 2016 with List Price of $998,000

Buyers were all about waterfront this week, with all four of our new contracts fronting a beach of some sort. Down near Scallop Cove in Clifton Place, sellers accepted an offer on their 5-bedroom, 4 1/2-bath, 4,094 square foot home centered on 50′ of Cape San Blas’s sugar white sand. The sellers bought the home in the summer of 2004 for $1.25M.

Gulf Front Home Under Contract April 2016 with List Price of $679,000

We’re travelling over to Money Bayou for contract number three, this one on a 3-bedroom, 2-bath, 1,200 square foot home listed for $679,000. This is a FEMA eligible area. The home was built in 2013 and sits on 50′ wide gulf front lot that sold in late 2011 for $100,000.

Indian Pass Lagoon Front Proprety Under Contract April 2016 with List Price of $50,000

We’re back at Indian Pass to wrap things up today with this 5+ acre lagoon front parcel listed for $50,000.  Looking at the aerials on this there appears to be a lot of wetlands and marshland included in the acreage which makes that price tag make sense. According to the county records this is a probate sale and I didn’t find any pertinent prior sale records so I suspect it has been in the family for some time.

That’s a wrap – good to see such continuing market interest.  Competition for attractive properties is really strong. If it’s looking good to you, chances are others are eyeing it as well. I’ve been working with so many buyers negotiating some great deals on lots and homes, and you can, too. If you’re thinking of getting in on some of these values, let’s talk. Call or text me at 850-227-5197 or shoot me an email to sherri@sherridodsworth.com and we’ll get started. Thanks so much for taking time out of your schedule today – hope to hear from you soon.

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Mar 26 2016

Cape San Blas Real Estate Week in Review – Mar. 19-25, 2016

Published by under Cape San Blas

For Sale and SoldSoggy, rainy weather didn’t dampen buyers this week as they added beautiful beach properties to their Easter Bunny baskets.  Buyers closed five sales and wrote up nine new contracts, while sellers posted a whopping eighteen new listings, and put new price tags on six others. Our inventory hopped up a bit adding eleven, closing at 255 with 82 houses and 173 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor MLS.

Cape San Blas Interior Home Under Contract August 2015 with List Price of $399,000

We’ll begin our review of this week’s five sales on Sandlewood Boulevard in Peninsula Estates with this 5-bedroom,  3 1/2-bath, 2,210 square foot interior home that went under contract in early February with a list price of $399,000. The sellers picked it up in a foreclosure sale in June of 2014 for $167,000 when it was in need of some serious TLC.  They’ve done a remarkable renovation, bringing it back from the brink.  Last August they had the house under contract briefly but that one didn’t work out and it came back on the market shortly thereafter.  This time they made it all the way down the aisle, closing for $382,500.

Ovation Bay View Lot Under Contract March 2016 with List Price of $31,800

Sale number two is in nearby Ovation with a bay view lot on Regatta Drive listed for $31,800. The sellers bought it back in 2012 for $19,000, and turned a nice little profit on Thursday signing it over to the new owners for $31,000 cash.

Cape San Blas Gulf View Lot Under Contract Feb. 2016 with List Price of $139,900

Our third sale takes us to Tobago Drive, a beachy little street on the north side of The Tradin’ Post. A family found a real gem in this gulf view, “X” zone lot listed for $139,900. It’s a third of an acre, measuring 102′ by 130′ and just a very short stroll to the sandy surf. BONUS: it’s only steps away from the fresh baked homemade donuts at Webers Little Donut Shop!  The happy new owners took title on Friday for $125,000.

Gulf Front Cape San Blas Home Under Contract February 2016 with List Price of $879,900

Just south of Scallop Cove is a place that’s been trying to find a buyer since mid-2009 when it entered the market asking $1.28M. “Jubilee”, as it’s known, is a 5-bedroom, 3 1/2-bath, 2,494 square foot home built in 2008 on a 100′ wide gulf front lot.  There is a screened-in porch on the south side of the house, but none facing the beach. The sellers finally whittled their price tag down to $879,900, put it under contract at the end of January, and went to closing on Thursday picking up a check for $867,000.

Money Bayou Gulf Front Lot Under Contract January 2016 with List Price of $249,000

Our fifth and final sale is a 50′ by 480′ gulf front lot on Sweetwater Shores Drive in Money Bayou.  This is on the south facing beach in an area that is FEMA eligible. These sellers bought the property back in the summer of 2000 for $165,000, had it listed for $249,000, and sold it on Wednesday for $230,000.

Cape San Blas Interior Lot Under Contract March 2016 with List Price of $49,900

One of the northernmost subdivisions subdivisions on the Cape is Sunset Pointe, and that’s where we’ll kick off today’s review of our nine new contracts.  This 87′ by 213′ “X” zone lot went under contract the day after it debuted on the market sporting a $49,900 price tag, quite a difference from the price it commanded back in early 2004 when it sold for $380,000.  The current owner bought it in mid-2014 for $33,000. The road to the right of the lot you see n the photo above is the entrance road to the state park.  The

Barrier Dunes Interior Townhouse Under Contract March 2016 with List Price of $192,500

More action at Barrier Dunes this week with buyers penning an offer on this 3-bedroom, 3-bath, 1,377 square foot townhouse on Parkside listed for $192,500.  It was built in 1985, and sold to the current owners in 1992 for $67,500.

Ovation at Cape San Blas First Tier Lot Under Contract May 2014 as Short Sale with List Price of $135,000

We’re back at Ovation with a first tier, gulf view bank-owned lot listed for $169,900; last sold in 2005 for $775,000.  All of the first tier lots in Ovation are completely in the “X” zone.

Cape San Blas Gulf Front House Under Contract Nov. 2015 with List Proice of $994,900

About two miles south on Windy Lane in Paradise Gulf, our fourth contract is on a rambling 5-bedroom, 5-bath, 3,840 square foot gulf front home listed for $1.1M. The sellers bought the 67′ wide lot in 1994 for $75,000, and built the home in 1996.  They had it under contract briefly once before last November.

Cape San Blas Bay Front Home Under Contract March 2016 with List Price of $650,000

Contract number five is on this elegant bay front home on Cape San Blas that the sellers purchased in June 2012 for $675,000, and have it listed for $650,000.  It’s a 3,455 square foot, 3-bedroom home on roughly 2.25 acres with 125′ of waterfront. They’ve had it on the market since early 2011 when they opened with an asking price of $899,900.

Cape San Blas Gulf View Lot Under Contract March 2016 with List price of $89,900

We’ll head down to the south side of the Cape to the gated community of Southbeach where this quarter-acre, gulf view, X-zone lot went under contract on Monday with a list price of $89,900.  The sellers bought it in mid-2014 for $54,800.

Cape San Blas Bay Front Lot Under Contract March 2016 with List Price of $325,000

About a half a mile down Cape San Blas Road, sellers accepted an offer on their 94′-wide, three-quarter-acre bay front lot. They bought it in late 2001 for $90,000 and have it listed for $145,000.

Indian Pass Gulf Front Home Under Contract March 2016 with List Price of $425,000 Lagoon Front Lot Under Contract March 2016 with List Price of $49,900

We’ll head back over to Indian Pass area for our final two contracts, starting on C-30 about 2 1/2 miles past the raw bar. This 80′ by 380′, three-quarter-of-an acre lagoon front lot went under contract sporting a $49,900 price tag. The sellers picked it up in early 2014 for $27,500.

Indian Pass Gulf Front Home Under Contract March 2016 with List Price of $425,000

We’ll wrap things up today out on the Indian Pass peninsula where this 3-bedroom, 2 1/2-bath, 1,500 square foot gulf front home went under contract on Thursday with an asking price of $425,000. This is actually one half of a duplex that was built in 1990. The sellers bought the property in late 2012 for $242,000.

That takes care of it for today.  If you’re thinking of buying or selling, let’s get together. Competition for properties is strong and I’ll be glad to help you.  Call or text me at 850-227-5197 or drop a line to sherri@sherridodsworth.com 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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Mar 19 2016

Cape San Blas Real Estate Week in Review – March 12-18, 2016

Published by under Cape San Blas

For Sale Sold SignHappy to report there was no let up in activity again this week turning in another strong showing, closing two sales, writing up ten new contracts, listing five new properties and changing prices on four others. All of that took a nice big chunk out of our inventory, shedding eleven, closing the week at 244, with 77  homes and 167 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor market. Lots to look at today so let’s get started.

Cape San Blas Townhouse Under Contract February 2016 with List Price of $236,000

The first of our two sales is on the north end of the Cape in Barrier Dunes, where shoppers took a shine to this 2-bedroom, 2 1/2-bath, 1,377 square foot, circa 2002 townhouse on Parkside listed for $236,000. The sellers bought the pond-front home in June 2009 for $236,000, and have sold it for $218,000.

Bank-Owned Cape San Blas Gulf Front Home Under Contract January 2016 with List Price of $499,900

Immediately south of Cape Breezes on Hibiscus Lane buyers fell in love with this 68′ wide bay front beauty listed for $204,900. This secluded setting is not part of Hibiscus Bay subdivision, so once again, no HOA or HOA fees. The owners bought the property in 2007 for $265,000, and sold it on Wednesday for $197,000.

Seacliffs Gulf Front Condo Under Contract March 2016 with List Price of $395,000

The first of our ten new contracts takes us back to the north end of the Cape to Seacliffs, where this 1986 vintage 3-bedroom, 3 1/2-bath, 1,518 square foot gulf front condo caught a buyer’s eye.  The sellers bought the unit in January 2014 in a short sale for $275,000, and have it listed for $395,000.

Three Oddly Shaped Bank-Owned Lots Under Contract March 2016 with List Price of $179,900

Our second contract is on three bank-owned oddly shaped contiguous lots listed for $179,900. Located on the gulf just south of Coneheads,  they’ve been trying to sell these since early 2014 when they first listed them for $215,000.

Cape San Blas Bay View Lot Under Contract March 2016 with List Price of $39,900Ovation Bay View Lot Under Contract March 2016 with List Price of $31,800

These next two contracts are in nearby Ovation, both bay view lots on Regatta Drive listed for $39,900 and $31,800 respectively. The sellers bought them back in 2012 for $19,000 apiece.

Cape San Blas Gulf View Home Under Contract March 2016 with List Price of $549,900

About a mile or so down the road in Seagrass, sellers accepted an offer on their 4-bedroom, 4 1/2-bath, 2,215 square foot gulf view home listed for $549,900, a bit of a hit since the bought it for $890,000 in 2005.

Cape San Blas Bay Front Lot Under Contract March 2016 with List Price of $299,000

Some buyers were eagerly anticipating scallop season setting their sights on this 100′ by 471′, 1.1-acre bay front lot overlooking Pig Island. It’s listed for $299,000, and last sold in 2003 for $269,000.

Bank-Owned Gulf View House at Cape San Blas Under Contract March 2016 with List Price of $384,900

We’ll head down to the south side of the Cape for contract number seven, which is on another bank-owned property, this one a 4-bedroom, 2 1/2-bath, 2,122 square foot gulf view home on Plover Drive in San Blas Plantation listed for $384,900. This home was built in 2005 and has a nice in-ground pool, outdoor spa and tiki bar.

Cape San Blas Third Tier Lot Under Contract March 2016 with List Price of $74,900

We’re doing things in pairs today, apparently, as our next two contracts are both on McCosh Mill Road in Piney Woods, beginning with this “X” zone, third tier property listed for $74,900. It’s right across the street from the community pool. The sellers bought the 60′ by 95′ flag lot this past October for $50,000.

Cape San Blas First Tier Lot Under Contract March 2016 with List Price of $114,900

The other Piney Woods contract is on a 65′ by 83′ X zone first tier lot listed for $114,900 which last sold in September 2013 for $60,000.

Indian Pass Gulf Front Lot Under Contract March 2016 with List Price of $230,000

We’ll end the day over on Indian Pass where buyers put a down payment on their piece of paradise, a 60′ 520′, three-quarter-acre gulf front lot listed for $230,000. That price includes current DEP permitting for a 5-bedroom, 3-bath,  3,300 square foot heated and cooled home with private pool. The sellers paid $300,000 for the lot in October 2009.

That does it for this week. Glad to see this continuing interest in our market.  Things are definitely heating up so let me know if you’d like to find something of your own. Call or text me at 850-227-5197 or shoot me an email to sherri@sherridodsworth.com and we’ll get started. Thanks so much for taking time to stop by today and hope to see you back real soon.

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Mar 12 2016

Cape San Blas Real Estate Week in Review – March 5 – 11, 2016

Published by under Cape San Blas

For Sale Sold SignSpring-like weather arrived right on time for our visiting breakers, with blue skies and warmer weather.  Our visitors were in a buying mood, closing three sales, and writing up seven new contracts. Sellers added nine new listings (two of which are already under contract), and changed prices on three others. Our inventory inched up by five, closing the week at 255, with 78 homes and 177 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor market.

Cape San Blas Gulf View Home Under Contract January 2015 with LIst Price of $647,500

The first of our three sales is this handsome 4-bedroom, 4-bath, 2,176 square foot first tier home on White Sands Drive, just north of Ovation on the Cape. This circa-2001 home has terrific views, plenty of porch space to soak in the sounds of the surf, and a private pool. The sellers bought the rental property in 2009 for $515,000, listed it for $647,500, and sold it on Friday for $615,000.

Interior Lot in Piney Woods on the Cape Under Contract Feb. 2016 with List Price of $48,900

Down on the south side of the Cape on McCosh Mill Road in Piney Woods, our second sale is a 55′ by 80′ “X” zone lot.   County records indicate the sellers purchased the property in the summer of 2005 for $399,900. Last June they listed it for $65,000, dropped that to $48,900 just before Christmas, and sold it on Monday for $44,000.

Three Contiguous Lots on Indian Pass Lagoon Under Contract Feb. 2014 with LIst Prices of $39,900 each

Our third and final sale is a lot on Indian Pass Lagoon on C-30 about 2 miles past the Indian Pass Raw Bar. It has 80′ of water front, about 400′ deep, a little over half an acre. The owner listed it in early 2014 for $39,900, raised the price in January 2015 to $49,900, and put it under contract in mid-January. This week the new owners took title for $39,000.

First Tier Barrier Dunes Townhouse Under Contract March 2016 with List Price of $290,000

We kick off our review of this week’s seven contracts on the north end of the Cape in Barrier Dunes, where buyers fell in love with this 2-bedroom, 2-bath, first tier townhouse with great views of the gulf and the pool overlooking the gulf.  The sellers bought it in January 2012 for $145,000 and set about doing a serious renovation, painting through out, all new appliances, new furnishings and a number of custom upgrades. They listed it in December 2013 for $290,000, and accepted an offer on it last weekend.

Cape San Blas Gulf View Home Under Contract March 2016 with List Price of $399,000

On Cancun Drive in Turtle Dunes, buyers penned a deal on a 3-bedroom, 3-bath, 1,786 square foot gulf view home listed for $399,000. The “X” zone property was built in 1991, and last sold for $259,000.

Money Bayou Gulf Front Lot Under Contract March 2016 with List Price of $239,000

We’ll travel off the Cape heading east along C-30 over to Money Bayou where this 50′ by 464′, half-acre gulf front lot on Sweetwater Drive went under contract on Wednesday with a list price of $239,000. That price includes DEP permitting and F&B house plans. The sellers bought it in late 2013 for $207,500. Ten years prior in December 2003 it sold for $504,000.

Indian Pass Wetlands Under Contract March 2016 with List Price of $40,000

Indian Pass Wetlands Under Contract March 2016 With List Price of $75,000

These next two contracts are on properties that came on the market just this week. Located just across the street from the Indian Pass Raw Bar, the two contain roughly 14-acresm the majority of which are wetlands with a sliver of uplands near the road. They were listed on Tuesday for $40,000 and $75,000, and were snapped up the very next day.

Indian Pass Gulf Front Lot Under Contract as a Short Sale With a List Price of $199,000

Contract number six finds us over on Indian Pass where this 50′ by 270′, half-acre gulf front lot went under contract on Thursday as a short sale with a list price of $199,000. In mid-2006, the sellers paid $1.3M for the property.

Indian Pass Gulf View Lot Under Contract March 2016 with List Price of $172,500

Our final contract takes us out near the tip of the peninsula to Indian Pass Beach subdivision, to this 105′ by 75′ first tier lot listed for $172,500. According to the MLS notes, the gulf front lot seaward of it has been deemed unbuildable.  There was no sales data available in the county property appraisers site.

That does it for this week.  The weather’s warming up and our spring flowers are already beginning to bloom so it’s a lovely time to visit. If you are planning to do just that and want to check out some real estate while you’re here, let me know. Call or text me at 850-227-5197, or shoot me an email to sherri@sherridodsworth.com . I love hearing from my readers. Have a terrific week, and thanks so much for stopping by today.

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Mar 06 2016

Cape San Blas Real Estate Week in Review – Feb. 27-Mar. 4, 2016

Published by under Cape San Blas

For Sale and Sold        What a week! Realtors, lenders and closing agents were busy with eight sales  and  seven new contracts.  Sellers added seven new listings, and changed prices on six others, three of which are price increases. Our inventory shed eight, closing the week at 250, with 76 homes, and 174 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor MLS market. Depending on what time of day or evening you’re reading this, may I suggest you settle in with either a nice cuppa Joe or an adult beverage of choice to enjoy while we cover one heck of a lot of territory.

Indian Pass Gulf View HOme Under Contract January 2016 with List Price of $499,000 Our seventh and final new contract takes us over to Apalachee Drive in Indian Pass Beach Subdivision to this 3-bedroom, 2-bath, 2,160 square foot gulf view home listed for $499,000. According to the MLS, it went under contract the same day it was listed. The sellers are the original owners, and built the lovely home in 1999.

Let’s launch into our review of this week’s eight sales on the north end of the Cape in Seacliffs where buyers took title to this 4-bedroom, 4 1/2-bath, 2,007 square-foot gulf view townhouse listed for $269,000. The sellers bought the home from the developer in 2002 when it was built for $335,000, and sold it on Friday for $255,000.

Cape San Blas Gulf Front Home In Ovation Under Contract October 2015 with List Price of $1.29M

About a mile down the beach in Ovation our second sale is this lovely 3-bedroom, 4-bath, 2,618 square foot gulf front home listed for $1.29M.  The sellers bought the lot in 2012 for $150,000 when the developer had their huge clearance sale, then built the house just last year. On Monday new owners picked up the keys at closing  for $1.07M.

Cape San Blas Gulf View Home Under Contract February 2016 with LIst Price of $429,900

Bargain hunters saw a great deal in this 3-bedroom, 3-bath, 1,982 square foot gulf view home on Cancun Drive listed for $429,900. Built in 2005, it’s situated on a quarter-acre “X” zone lot, and has a nice size in-ground pool.  The sellers bought the home in the summer of 2006 for $510,000, and sold it on Monday for $392,000.

Cape San Blas Bay Front Lot Under Contract June 2014 with List Price of $112,000

On the south side of the Cape, just past Salinas Park on the north side of the road, our fourth sale is a 113′ by 288′ bay front lot listed for $115,000, well below the $150,000 it last sold for in December 2001. The property is mixed commercial-residential, offering lots of possibilities. Some savvy entrepreneurs took title on Thursday for $95,000 cash.

Bay View Lot Sold March 2016 for $30,000

For sale number five we’ll travel off the Cape out onto C-30 heading towards town about a mile, stopping at this half-acre, 100′ by 200′ bay view lot on the right side of the road listed for $35,000. Back in 2001 it sold for $23,500 ($31,500 today in inflation-adjusted dollars), and sold Friday for $30,000 cash.

Coastal Home Under Contract January 2016 with List Price of $369,000

We’ll circle back and head east on C-30 over to Waters Edge, about a quarter-mile past Cape San Blas Road. Here a 3-bedroom, 2 1/2-bath, 2,076 square foot home tucked away back under a canopy of oaks went under contract in early January sporting a $369,000 price tag. The sellers bought the lot in 2002 for $96,000. built the home in 2004, and turned over the keys at closing on Friday for $350,000.

Treasure Shores Gulf Front Home Under Contract December 2015 with List Price of $729,000

About a mile and a half further east on C-30 is Treasure Shores where this 4-bedroom, 3-bath, 1,920 square foot gulf front home has been under contract since the end of December with a list price of $729,000. It’s situated on 76′ of gorgeous waterfront.  The sellers bought the rental home in 1999 for $350,000 and bid it adieu on Friday in return for a $630,000 check.

Indian Pass Gulf View Lot Under Contract February 2016 with List Price of $142,000

Our eighth and final sale is over in Indian Pass Beach Subdivision where this 75′ by 105′, 0.18 acre gulf view lot was under contract with a list price of $142,000.  The seller bought the property in 2003 for $250,000, and sold it on Friday for $110,000 cash.

Gulf Front and 1st Tier Lot Under Contract March 2016 with List Price of $499,000

Now let’s take a look at our seven new contracts, starting off in Seagrass back on the Cape.  This listing is for an adjoining gulf front and first tier lot listed for $499,000. Last March the sellers picked them up for $350,000. Because the gulf front parcels sit so far seaward, DEP has never approved permitting for them, which explains the combined price of these two parcels. The county’s assessed value for the gulf front lot is $6,000; the first tier $296,000.

Cape San Blas Waterview Lot Under Contract May 2016 with List Price of $134,500

Contract number two is on Seahorse Lane in Feather Sound. This is another quick turn around sale, with the quarter-acre lot which sold last January for $75,000 now under contract with a list price of $134,500.

Cape San Blas Gulf Front Home Under Contract March 2015 with LIst Price of $519,000

This next contract is on a gulf front rental house directly across the street from Scallop Cove. It’s a 3-bedroom, 2-bath, 1,704 square foot, 1984 vintage home on 50′ of waterfront. The sellers bought it in 2004 for $700,000, and have it listed for $519,000.

Bank-Owned Lot in Jubilation at Cape San Blas Auctioned Off with Opening Bid of $295,000

We’re back on the south side of the Cape in Jubilation where this next property generated quite a bit of interest when it went on the auction block last Saturday with an opening bid price of $295,000. It’s a 3-bedroom, 3-bath, 1,966-square foot bank-owned home built in 2006.  In November 2006 it sold for $780,000.  She has been sitting vacant for several years and is going to need a fair amount of TLC to restore her to her former grandeur.  The winning bid was $391,000, to which a 5% buyer premium will be added at closing.

Cape San Blas Interior Home in Piney Woods Under Contract Feb. 2016 With List Price of $349,000

Just a few blocks away on McCosh Mill Road in Piney Woods, buyers fell in love with this cute little recently completed 3-bedroom, 2 1/2-bath, 1,224 square foot beach cottage listed for $349,000.

Bay View Subdivision Under Contract with List Price of $300,000

We’re leaving the Cape again heading over to Simmons Bayou for a unique offering, a 16-lot subdivision listed for $300,000. According to the MLS, it includes a common area parcel for recreational area and community pool. HOA docs with covenants, conditions and restrictions are in draft form and ready to be recorded or amended.

Gulf Pines First Tier Home Under Contract March 2016 with List Price of $375,000

Once again we circle back on C-30 travelling this time to Gulf Pines where this 2-bedroom, 2-bath, 1,500 square foot first tier home went under contract Tuesday sporting a very attractive $375,000 price tag. This recently listed well-maintained home built in 1996 took less than a month to catch a buyer’s eye.

What an amazing week!  Properties are moving at quite a clip. Inventory remains low and demand high, so if you’re interested in selling now is a great time, and those of you thinking of buying it’s time to step up to the plate while there are still good values. I’ll be glad to help you either way. Give me a call at 850-227-5197 or shoot me an email to sherri@sherridodsworth.com and we’ll get started.  I hope to hear from you soon, and as always, thank you so much for taking time to stop by today.

 

 

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