Archive for the 'Cape San Blas' Category

Aug 26 2016

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

Published by under Cape San Blas

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

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

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

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

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

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

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

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

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

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

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

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

We’ll wrap things up today over on Indian Pass where buyers fell in love with this gulf front home overlooking St. Vincent island listed for $560,000. The views from this home will take your breath away. It’s situated on 50′ of waterfront, has 3-bedrooms, 3-baths, and 1,680 square feet under heat and air.

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

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Aug 19 2016

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

Published by under Cape San Blas

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

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

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

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

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

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

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

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

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

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

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

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

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

And just like that, we’re all up-to-date.  There are still some very attractive opportunities on the market so if you’re toying with the idea of calling a piece of coastal property your own, let’s get to it. Call or text me at 850-227-5197 or shoot me an email to sherri@sherridodsworth.com and we’ll get started. Have a terrific week, and thanks so much for taking time to stop by today.

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Aug 05 2016

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

Published by under Cape San Blas

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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Jul 29 2016

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

Published by under Cape San Blas

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

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

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

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

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

 

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

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

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

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

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

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

Six Cape San Blas Gulf Front Lots Under Contract July 2016

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

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

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

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

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

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

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Jul 23 2016

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

Published by under Cape San Blas

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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Jul 15 2016

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

Published by under Cape San Blas

For Sale and SoldSummer is in full swing and the abbreviated scallop season doesn’t seem to be taking much of a toll on visitors flocking to our shores. Real estate remains a popular souvenir as we closed four sales and buyers wrote up seven new contracts. Sellers hung out five new For Sale signs, and changed prices on ten others.  With all that, our inventory finally took a nice little dip, shedding five, closing the week at 264, with 86 houses and 178 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor market.

Fannie Mae Owned Barrier Dunes Townhouse Under Contract June 2016 with List Price of $184,900

The first of our four sales was on the north end of the Cape in Barrier Dunes where back in May buyers submitted a winning bid on this Fanny Mae-owned 2-bedroom, 2-bath, gulf view townhouse listed for $184,900.  This place has been sitting vacant for several years now and is in need of a fair amount of TLC. The appliances are still in place but there are no furnishings. Back in 2005 it sold for $395,000.  The bank got its full list price of $184,900 at closing.

Cape San Blas Gulf Front Home Under Contract Jan. 2016 with List Price of $799,000

Sale number two is a 3-bedroom, 3-bath, 1,728 square-foot gulf front home by the blue Sunrise Sunset townhouses. The sellers bought the circa-2001 home in a foreclosure sale in 2009 for $423,400. They’ve painted, remodeled and refurnished, had it under contract with an asking price of $799,000, and turned over the keys at closing on Friday for $750,000.

Money Bayou First Tier Lot Under Contract June 2016 with List Price of $80,500

Over in Money Bayou on Sweetwater Shores Drive, back in mid June buyers penned a deal on this little first tier lot measuring just 35′ by 70′, or 0.06 of an acre.  Small lot with a big price tag of $80,500. The county side setbacks for building are 9 1/2′ for a structure on pilings, so the max width of a home on this lot will be 16′.  The new owners took title on Friday for $77,500.

Indian Summer Lagoon Front Lot Under Contract June 2016 with List Price of $70,000

Our fourth and final sale is located at Indian Summer on Indian Pass where this canal front lot listed for $70,000 went under contact in mid-June. This is a quasi-gated community, meaning there’s a gate, it’s just never closed. The lots here all include deeded gulf access, and there is a lovely community pool over looking the beach.  This particular lot lies in the section of the neighborhood that is outside the Coastal Barrier Resource Area (CBRA) and is therefore eligible for FEMA flood insurance. The sellers purchased the property in 2000 for $37,000, and sold it on Friday for $60,000 cash.

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

Now onto our seven new contracts, returning to the north end of the Cape, this time starting off in Secluded Dunes where this 102′ by 372′, 0.85 acre first tier lot went under contract on Monday with a list price of $139,000. The seller purchased this with a number of other parcels in mid-2000 so no individual sales data on this lot alone.

Cape San Blas Bay Front Home Under Contract July 2016 with List Price of $465,000

Just south of Coneheads restaurant is Spinnaker Drive, a meandering dirt road that leads to Main Sail Drive, home to this charming little 2-bedroom, 2-bath, 1,152 square foot bay front house listed for $465,000.  This little cabin on the bay comes complete with an in-ground pool overlooking pristine St. Joe Bay.  The sellers bought it in the summer of 2005 for $825,000, but even so it’s not listed as a short sale.

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

Contract number three is in Ovation where lately we’ve seen both a lot of interest and a lot of construction. Sellers accepted an offer on their third-tier bay view lot listed for $69,000 which they bought in mid-2013 for $31,900.

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

Next up is a recently listed 5-bedroom, 5 1/2-bath, 3,399 square foot gulf front home on Haven Road listed for $1.25M.  It was built in 2006, and is centered upon 55′ of beach front.  The sellers have owned it for ten years, having bought it in 2006 for $850,000.

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

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

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

In nearby Boardwalk, buyers accepted an offer on the 100′ by 75′ corner lot listed for $39,500. This is one of the earliest subdivisions on the Cape, dating from the early 80’s. They have a very nice community pool overlooking the gulf.  These sellers bought in late 1996 for $10,000.

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

To wrap things up today, we’ll leave the Cape travelling east on C-30 towards the world famous Indian Pass Raw Bar, stopping in Sweetwater Shores where buyers had their offer accepted on a 70′ by 195′, one-third acre second tier lot on the north side of C-30. The sellers bought it in a bank sale in early 2014 for $37,000 and have it listed for $52,000.

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 08 2016

Cape San Blas Real Estate Week in Review – July 2-9, 2016

Published by under Cape San Blas

For Sale and SoldWe had a wonderful Independence Day celebration here along the coast with basically any home that could be rented occupied with happy visitors. The weather and water were fine and everybody seemed to have a really good visit.   Only a few took time away from the fireworks and festivities to pursue real estate ventures, as we closed only three sales and wrote up four new contracts. Sellers added eight new listings (one of which is already under contract), and changed prices on nine others.  Our inventory inched up by two, closing the week at 269, with 89 homes and 180 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor MLS.  Let’s see what caught buyers’ eyes.

Bay View Corner Lot In Ovaton at Cape San Blas Under Contract June 2016 with List Price of $119,000

The first of our three sales is in Ovation where shoppers penned a contract early last month on a bay view corner lot listed for $119,000.  In mid-2014 the 80′ by 85′ lot sold for $65,000, and on Tuesday the parties closed for $102,000.

Cape San Blas Bay Front Lot Under Contract May 2016 with List Price of $214,900

Sale number two is this appealing bay front lot just north of the tip of Pig Island. It is a half-acre parcel, partially cleared, with a driveway in place, a DEP-approved dock permit, and 65′ of waterfront. The sellers listed it for $214,900, and sold it for $205,000 cash.

Cape San Blas Gulf Front Lot Under Contract June 2016 with LIst Price of $279,000

Down on the south side of the Cape on Louisiana Lane not far from the Sand Bucket Smokehouse and Grille, sellers sold their 50′ by 517′, 0.57 acre gulf front lot for which they were asking $279,000. It wasn’t listed as a short sale even though county records indicate it last sold in mid-2004 for $640,000, and on Wednesday they signed it over to the new owners for $250,000 cash.

Cape San Blas Lot Under Contract July 2016 with List Price of $58,000

To kick off our review of our four new contracts we’ll head up to the north end of the Cape to Park Pointe where buyers penned a contract on this 90′ by 120′, quarter-acre, interior lot listed for $58,000. The seller bought it in January of 2015 for $46,000. Back in October of 2003 it went for $280,000.

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

In nearby Barrier Dunes, this recently listed 2-bedroom, 2-bath, 1,216 square-foot townhouse went under contract on Thursday with a list price of $295,000. This end unit has a great gulf view straight down the greenway.The sellers bought it in the summer of 2012 for $200,000 and have done a fantastic job of renovating it.

Cape San Blas Gulf View Lot Under Contract July 2016 with List Price of $69,900

Down on the south side of the Cape in Jubilation a 50′ by 80′ gulf view lot went under contract on Friday, the same day it was listed,  with a list price of $69,900.  Back in October 2004 it sold for $450,000.

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

Half a mile or so down Cape San Blas Road in Two Palms, sellers accepted an offer on their lovely 4-bedroom, 4 1/2-bath, 2,573 square-foot gulf front home listed for $1.12M.  It’s situated on 54′ of beach front. In August of 2007 it sold for $1.306M, and the current owners bought it in late 2012 for $1.22M.

That does it for this week. Our market continues to recover, so the time for standing on the sidelines as a buyer waiting for prices to go even lower has long passed.  If you have your heart set on a particular property, now is the time to stake your claim.  If you’re an owner wanting to sell, the pendulum has definitely swung back in your direction. Either way, I can help you achieve your real estate goals. Call or text me 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 appreciate your stopping by today very much.

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Jul 01 2016

Cape San Blas Real Estate Week in Review – June 25-July 1, 2015

Published by under Cape San Blas

For Sale Sold SignWhat a difference a week makes! After two sleepy weeks of slow activity, our market roared back to life closing six sales and writing up eight new contracts.  Sellers brought seven new listings to the market mix, and changed prices on two others. All that activity still had very little impact on our inventory as we shed only one, closing the week at 267, with 88 homes and 179 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor MLS.

Interior Lot at Park Point Under Contract May 2016 with List Price of $43,500

Let’s launch into our review of this week’s six sales by heading up to the north end of the Cape to Park Pointe where the parties closed on a bank-owned, quarter-acre interior lot.  The bank had it listed for $43,500, but accepted $38,601; quite a bargain from the $370,000 it sold for in November 2004.

Bank Owned Townhouse Sold June 2016 for $184,900

In nearby Barrier Dunes, our second sale is this bank-owned 2-bedroom, 2 1/2-bath, 1,197 pond-front townhouse, unfurnished and vacant for quite some time. The downstairs bedroom shows signs of a water leak issue some time in the past, and a section of sheetrock had been cut out of the wall revealing a pipe connected to the upstairs master bath that had been severed but not repaired. In short: this is a true fixer upper. The bank asked for and got $184,900 for it.

Cape San Blas First Tier Lot Under Contract June 2016 with List Price of $147,500

Sale number three is a quick resale of a property on Bamba Lane that the seller purchased just three weeks ago from Cadence Bank on the first of June for $127,000. They immediately put it back on the market, asking $147,500, and on Friday sold it for $85,000; the MLS notes didn’t say so, but I suspect this is just a first tier portion of the parent lot. It’s a very oddly shaped piece of property.

Cape San Blas Gulf View Duplex Under Contract May 2016 with List Price of $289,000

Down on Aruba this gulf-view 2-bedroom, 2-bath, 1,992 square foot “X”-zone duplex went under contract in less than a week when it was listed at the end of May. The sellers bought it in January 2004 for $120,000, had it listed for $289,000, and handed over the keys to the new owners on Tuesday for $270,000.

Cape San Blas Gulf Front Townhouse Under Contract May 2016 with List Price of $299,000

A lot of townhouse action this week. Next up is a 3-bedroom, 2 1/2-bath gulf front unit. It’s one of the homes in Sunrise Sunset, a complex on the south end of the peninsula down near the rocks at Stumphole.  The sellers bought is in May 2015 for $227,500, spruced it up with new paint and furnishings, put it back on the market asking $299,000, and sold it for $290,000.

Treasure Shores Gulf Front Lot Under Contract June 2016 with List Price of $399,000

Buyers trounced on this Treasure Shores gulf front lot within days of it debuting in the MLS. This 75′ wide, half-acre, FEMA-eligible beauty was listed for $399,000 and went under contract exactly one week later. The seller has owned the property since 1984 when she purchased it for just $46,000, and sold it on Thursday for $389,000.

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

Everyone wanted a piece of our coastal paradise this week and we Realtors were kept busy showing property and writing up eight new contracts. The first one takes us back to Barrier Dunes to this bank-owned 2-bedroom, 2 1/2-bath, 1,593 gulf front townhouse on Sabal Drive. It’s being sold unfurnished and is listed for $297,500. The last time it sold was back in early 2005 when it went for $490,000.

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

Here’s a pleasant bay front offering, 3-bedroom, 3 1/2-bath, 1,700 square home listed for $449,900. It’s situated on 90′ of waterfront in the Hibiscus Bay subdivision, a pretty little community with deeded gulf access and a nice community pool.

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

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

Cape San Blas Duplex Under Contract June 2016 with List Price of #334,000

Aruba Drive was a happening place this week, with buyers securing a contract on this 4-bedroom, 2 1/2-bath, 1,992 square foot circa 1985 duplex sporting a $334,000 price tag. It’s in an X zone and there are no HOA fees. The sellers bought it in 2012 for $225,000 and have done a lot of customizing since then.

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

Our next contract is on a 100′ wide waterfront lot on the south side of the Sunrise Sunset townhouses. The property last sold in mid-2003 for $388,000, and went under contract on Thursday with a list price of $224,900.

Lot on McCosh Mill Road Under Contract June 2016 with List Price of $69,900

We’ll travel down to the south side of the Cape to McCosh Mill Road in Piney Woods where buyers had their offer accepted on this 95′ by 28′ X zone flag lot recently listed for $69,900. At the height of the real estate boom it sold for $399,900.

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

Bay front is in high demand lately and buyers snapped up this offering within days of it debuting in the MLS. It’s a 75′ by 2050′, 0.59-acre lot listed for $124,900. Last time it went to the closing table was in mid-2004 when it went for $280,000.

Indian Pass First Tier Lot Under Contract June 2016 with List Price of $89,900

We’ll wrap it all up today out near the point of Indian Pass with this verdant quarter-acre, 40′ by 273′ first tier lot listed for $89,900.  The seller bought it in early 2013 for $70,000.

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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Jun 24 2016

Cape San Blas Real Estate Week in Review – June 18-24, 2016

Published by under Cape San Blas

For Sale Sold SignIt’s officially summer now and our sales here along the Forgotten Coast seem to be on a bit of a vacation as for the second week in a row we have had another fairly quiet week, with just two closings, three new contractssix new listings, and new price tags on six others.   Our inventory inched up by three, closing the week at 268, with 89 homes and 179 lots listed in the MLS in the Cape San Blas, Indian Pass and C-30 Corridor market.

Indian Pass 2nd Tier Lot Under Contract June 2016 with List Price of $35,000

The first of our two sales is over at The Cottages of Indian Summer where the parties agreed to terms on this irregularly shaped quarter-acre, second tier lot listed for $35,000. The Cottages are in a FEMA eligible area, have a community pool, deeded beach access, and in-place drain fields for septic. The new owners took title for $30,000 cash.

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

Our second sale 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, and sold it on Monday for full price of $19,900.

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

The first of our three new contracts takes us up to Barrier Dunes on the north end of the Cape where sellers accepted an offer on their 2-bedroom, 2-bath, 1,216 square foot townhome on Sandpine Drive. They bought it at a short sale in early 2012 for $132,000, have brought in some new furnishings and spruced the place up quite nicely. They now have it under contract with a list price of $269,000.

Cape San Blas First Tier Lot Under Contract June 2016 with List Price of $147,500

Contract number two is a quick resale of a property on Bamba Lane that the seller purchased just three weeks ago from Cadence Bank on the first of June for $127,000. They immediately put it back on the market, asking $147,500, and on Thursday accepted an offer on it. It’s a very oddly shaped piece of property.

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

More activity over at The Cottages of Indian Summer with buyers selecting this quarter-acre, second tier lot for their future homesite. The property is on the cul de sac and directly across the street from the pedestrian access to the beach. The seller bought it in late 2011 for $27,500 and has it listed for $37,900.

That didn’t take long. Two slow weeks does not a trend make, but it is worth taking note of. Call or text me at 850-227-5197 or shoot me an email to sherri@sherridodsworth.com if you’re interested in searching for or selling a coastal property. Have a terrific week, and thanks so much for taking time to stop by today.

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Jun 18 2016

Cape San Blas Real Estate Week in Review – June 11-17, 2016

Published by under Cape San Blas

For Sale and SoldOur market took a bit of a breather this week, closing just one sale but writing up five new contracts.   Owners added seven new listings, and put new price tags on eight others. Still virtually no movement in our inventory, adding one since last week to close at 265, with 88 homes and 177 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor MLS.

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

Our one and only sale is up Barrier Dunes where this 2-bedroom, 2-bath, 1,216 square-foot townhouse under contract since mid-April with a list price of $249,000.  The sellers bought the rental property in July 2013 for $187,500 cash. They’ve spruced it up nicely since then, and replaced the roof in the past two weeks.  On Monday they signed the home over to the happy new owners for $$230,000.

Cape San Blas Gulf Front Acreage Under Contract June 2016 with List Price of $2.298M

The first of our five new contracts is a rare find, indeed.   Investors snapped up this 4.3-acre, 200′ by 900′ gulf front parcel within days of its debut in the MLS with an asking price of $2.298M. With county density regulations allowing for three dwelling units per acre, this land could potentially be subdivided in to 12 or 13 lots, which in a way would be kind of sad to see.  The seller has owned this land for quite some time so I didn’t find any sales data in the property appraiser’s records.

Money Bayou First Tier Lot Under Contract June 2016 with List Price of $80,500

Over in Money Bayou on Sweetwater Shores Drive, buyers penned a deal on this little first tier lot measuring just 35′ by 70′, or 0.06 of an acre.  Small lot with a big price tag of $80,500. The county side setbacks for building are 9 1/2′ for a structure on pilings, so the max width of a home on this lot will be 16′.

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

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

Indian Summer Lagoon Front Lot Under Contract June 2016 with List Price of $70,000

Our last two contracts are both on Indian Pass, starting with this canal front lot in Indian Summer listed for $70,000. This is a quasi-gated community, meaning there’s a gate, it’s just never closed. The lots here all include deeded gulf access, and there is a lovely community pool over looking the beach.  This particular lot lies in the section of the neighborhood that is outside the Coastal Barrier Resource Area (CBRA) and is therefore eligible for FEMA flood insurance. The sellers purchased the property in 2000 for $37,000.

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

A little further down Indian Pass Road, the parties shook hands on a half-acre gulf front lot with 50′ of water frontage.  This is another property for which I didn’t find any sales data in county files.  The seller has it listed for $199,900.

And that does it for this week.  Our inventory still has some very attractive opportunities so if you’re toying with the idea of calling a piece of coastal property your own, let’s start looking. Call or text me at 850-227-5197 or shoot me an email to sherri@sherridodsworth.com to get the ball rolling. Have a terrific week, and thanks so much for taking time to stop by today.

 

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