Archive for the 'Cape San Blas' Category

Sep 21 2018

Cape San Blas Real Estate Week in Review – Sep. 15-21, 2018

Published by under Cape San Blas

For Sale Sold SignThe calendar may say summer has ended and autumn is here but the thermometer sure hasn’t gotten that memo as days continue to swelter with “feels like” temps stubbornly stuck in the 3-digit range.  Everyone and everything is hot, including our market, which continues to sizzle along, this week turning in six sales and six new contracts. We added four new listings, and changed prices on nine others. With all that activity, we end the week at 291, down four from last week, with 88 homes and 203 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor market.  Let’s see what buyers are in the market for.

Cape San Blas Corner Lot in Seagrass Under Contract August 2018 with List Price of $140,000

The first of our six sales is in Seagrass, located a little over half a mile north of The Trading Post.  The sellers bought the quarter-acre, “X” zone corner lot in 2012 for $52,000, had it listed for $140,000, and sold it on Wednesday for $120,000.

Cape San Blas Third Tier Home Under Contract August 2018 with List Price of $499,900

Several streets north of The Trading Post is Catamaran Drive, home to this 3-bedroom, 3 1/2-bath, 1,885 square foot home listed for $499,900. It was built in 2002 on a quarter-acre third-tier lot “X” zone.  No HOA or HOA fees and there is easy access to the beach at the end of the street. The sellers were asking $499,900, essentially what they paid for it in late 2006, $500,000.  On Friday they handed over the keys to the new owners for $489,000.

One Half of Cape San Blas Gulf Front Duplex Under Contract August 2018 with List Price of $499,000

Our third sale is on Surfside Lane in Silent Sands where buyers penned an offer less than a month ago on this 3-bedroom, 3-bath, 1,400 square-foot gulf front duplex listed for $499,000. The sellers bought it in early 2015 for $299,300, and sold it on Monday for $447,500.

Bay View Lot Under Contract August 2018 with List Price of $119,900

We’ll leave the Cape and hang a left off of Cape San Blas Road where quickly thereafter we’ll find this 138′ by 252′, three-quarters of an acre bay view lot listed for $119,900.  It has all the utilities connections you need to park an RV on it.  The sellers bought it unimproved in the summer of 2012 for $35,000, and sold it on Tuesday for $110,000.

Gulf Pines Gulf Front Lot Under Contract August 2018 with List Price of $499,900

Tracking back and heading east along C-30 we’ll pull into Gulf Pines where the parties went to closing on this 100′ by 348′, 0.8-acre gulf front lot. It last sold in late 2008 for $644,000, and went for $455,000 cash on Monday. This is a FEMA-eligible neighborhood with HOA fees of only $200 per year.

Gulf Front Lot at Indian Pass on Florida's Forgotten Coast Under Contract August 201 with List Price of $279,000

Next stop, Indian Pass, home to our sixth and final sale, a 50′ wide, half-acre gulf front lot on Broken Arrow Lane listed for a very attractive $279,000. The sellers picked it up in early 2009 for $204,000, and sold it for $269,000.

Cape San Blas Interior Lot Under Contract September 2018 with List Price of $59,900

To begin our review of this week’s six new contracts, we’ll head way up to the north end of the Cape, where we’ll kick off with this 85′ by 151′, quarter-acre interior lot listed for $59,900. The sellers bought it in 2012 for $30,000, a real bargain compared to the $230,000 it commanded in 2004.

Cape San Blas Gulf Front Lot Under Contract September 2018 with List Price of $795,000

Down the road a bit, just a bit south of Coneheads, sellers accepted an offer on this gorgeous 117′ by 330′ gulf front lot that’s just a little shy of an acre and listed for $795,000.

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 $1.2M. The seller bought the 67′ wide lot in 1994 for $75,000, and built the home in 1996.  He had it under contract briefly once before in early 2016.

First Tier Lot at Cape San Blas Under Contract September 2018 with List Price of $185,000

Our next stop is on Barbados Drive in Turtle Dunes where buyers penned an acceptable offer on this irregularly-shaped, third-of-an-acre first tier lot listed for $185,000 that last sold in the summer of 2015 for $135,000.

Cape San Blas Gulf View Condo Under Contract September 2018 with List Price of $375,000

Just a short stroll down the beach, sellers accepted an offer on their top floor condo in this first-tier quadplex known as Robin Bay. They purchased the 2-bedroom, 2-bath, 1,300 square foot unit in January 2015 for $260,000, have made some major renovations since then, and have it listed for $375,000.  The gulf views from this building are amazing.

Bay Front Townhouse in Simmons Bayou Under Contract September 2018 with List Price of $339,900

For our sixth and final new contract we’ll leave the Cape again, travelling out onto the C-30 Corridor heading towards town and stopping in Simmons Bayou near Presnell’s Bayside Marina. Here in Hammock by the Bay, we have a 3-bedroom, 3 1/2-bath, 1600 square foot bay front townhouse under contract with a list price of $339,900. The sellers bought the bay side retreat in 2006 from the developer for $399,000.

And that’s a wrap. Our housing inventory is way low so competition for what remains is heating up.  If you’ve been thinking of selling, let’s talk and see if the time is right.  Demand is strong.  Call or text me at 850-227-5197, or send an email to sherri@sherridodsworth.com and we’ll run the numbers.  Have a great week – hope to see you back here soon, and I so appreciate your taking time to stop by today.

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Sep 14 2018

Cape San Blas Real Estate Week in Review – Sep. 8-14, 2018

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For Sale Sold SignSeptember sales continue to roll right along as we logged another good week, with four sales, four new contractsten new listings, and  eight price changes, with one of those being a price increase. Our inventory added five, closing the week at 295, with 89 homes and 206 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor MLS.

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

The first of our four sales is in the northernmost subdivision on the Cape, the gated community of Secluded Dunes, where the parties closed on this 72′ by 358′, 0.6-acre, first tier lot with gulf views. The sellers bought it in 1998 for $43,000, had it listed for $219,000, and sold it on Friday for $190,000.

Cape San Blas Interior Lot Sold September 2018 for $57,500

Next door to Secluded Dunes is Park Point, home to our second sale, which is this 80′ by 146′, quarter-acre lot listed for $58,500.  The sellers bought it in 2016, and signed it over to the new owners on Friday for $57,500.

 

Cape San Blas Townhouse Sold Aeptember 2018 for $248,000

Looks as if most of this weeks sales were clustered on the north end of the Cape as our third sale is in nearby Barrier Dunes where on Friday new owners picked up the keys at closing for this 3-bedroom, 3-bath, 1,377 square foot town house on Parkside for $248,000. It was listed for $255,000 and last sold in mid-2004 for $210,000.

Lot Overlooking St. Joe Bay Sold Sep 2018 for $57,000

We’ll leave the Cape for our fourth and final sale, which is out on C-30 heading towards Port St. Joe.  At the end of July, buyers placed an offer on this 104′ by 220′, half-acre road front lot with a view of St. Joe Bay that was listed for $59,900. The sellers have owned it since 2003 when they paid $71,300, and on Wednesday they let it go for $57,000.

Bay View Lot at Ovation Under Contract September 2018 with List Price of $67,500

We’ll return to the Cape for our review of this week’s four new contracts, the first two of which are on the bay side of Ovation, starting with this 84′ by 76′, 0.13-acre first tier bay view lot listed for $67,500. Ovation is a gated community with a gulf-side pool, a beautiful infinity pool overlooking the bay, 2 docks, a fitness center, club house with a social room, and deeded gulf and bay access. The sellers bought this lot in mid-2014 for $50,000 from a seller who had paid $75,000 to the developer for it in the summer of 2010.

Around the corner on Regatta, buyers had their offer accepted on this irregularly-shaped 0.16-acre lot listed for $39,000. The sellers made a good deal back in 2012 when they picked it up for $19,000.

Cape San Blas Gulf View Home Under Contract May 2018 with List Price of $465,000

Between Ovation and The Tradin’ Post is Sea Dunes Lane where this recently renovated 2-bedroom, 2-bath, 1,248 square foot gulf view cottage went under contract Tuesday with a list price of $464,900. If it looks a bit familiar, it may be because it was under contract briefly once before back in May.  The sellers bought this place in the summer of 2014 for $255,000 and have done an amazing transformation since them.  For all you HGTV fans of Fixer Upper, here are sample before and after pictures:

BEFORE:

Sea Dunes Kitchen Before

AFTER:

Sea Dunes After

Pretty impressive.

Indian Pass Interior Lot Under Contract September 2018 with List Price of $119,000

Our fourth contract takes us over to Indian Pass to this 70′ by 115′ lot on Oak Street that’s just a smidgen shy of a quarter of an acre. It’s located just a short stroll to the beach.  The sellers bought it in 2005 and have it listed for $119,000. This little neighborhood called Indian Pass Beach Subdivision was platted in 1952 and grandfathered for FEMA flood insurance eligibility when the CBRA designation was placed on most of the rest of Indian Pass.

That’s a wrap for this week. If you’re browsing through listings and find some you’d like more info on call or text me at 850-227-5197 or shoot an email to Sherri@SherriDodsworth.com. Things are still moving well so if you’re considering selling, I’d love to work with you and will be glad to provide you with a comparative market analysis to help you get an idea of what your property might bring in the current market.  Have a terrific week and thanks so much for stopping by today.

 

 

 

 

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Sep 07 2018

Cape San Blas Real Estate Week in Review – Sep. 1-7, 2018

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For Sale and SoldWith Labor Day in our rear view mirror, summer may be officially over but luckily buyers didn’t seem to get that memo as they were still here snapping up great real estate deals. We had a good week, with five closings and four new contracts; added eleven new listings and made six price changes. With all that, we trimmed our inventory a bit, closing down seven from last week, ending at 290, with 86 houses and 204 lots listed for sale in the MLS for the Cape San Blas, Indian Pass and C-30 Corridor market.

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

We begin our review of this week’s five sales on the north side of the Cape in Barrier Dunes, home to this 3-bedroom, 3-bath, 1,377 square foot interior townhome on Parkside Circle listed July 11. It went under contract 4 days later with a list price of $249,900. The sellers bought it in late 2016 for $189,900 and sold it last Friday for $248,500.

Bay View Lot at Cape San Blas Sold September 2018 for $76,000

Our second sale is  about two miles further south, across the street from Rish Park.  Here a bay view lot on Hibiscus Lane that has been under contract for about a month with a list price of $80,000 sold for $76,000. This belongs to the family of the developer of Hibiscus Bay to Beach, so no sales history to report. This quiet subdivision of mostly owner-occupied homes spans from the bay to the gulf, and all properties convey with access to both. There is a community pool, walkover to the beach, and dock out over the bay. Annual HOA fees are currently $2,400, and there is a $1,000 new owner fee collected at closing.

Cape San Blas Gulf Front Lot Sold September 2018 for $293,500

Two Palms is a very pretty subdivision on the south side of the Cape, adjacent to the west side of Salinas Park, and it’s home to our third sale, a 53′ wide by 519′ deep gulf front lot listed for $297,500.  The owners bought the 0.84-acre lot in late 2013 for $210,000, and sold it on Wednesday for $293,500. Not a bad return on investment in just five years.

Treasure Shores Gulf Front Home Under Contract June 2018 with List Price of $839,000

We’ll leave the Cape for our last two sales, starting with this attractive 5-bedroom, 3-bath, 2,128 square foot gulf front home in Treasure Shores listed for $839,000. It is situated on a 75′ wide, 0.63-acre lot and is eligible for FEMA flood insurance.  The sellers purchased the home in early 2008 for $860,000 and sold it last Friday for $780,000.

Indian Pass Lagoon Front Lot Under Contract August 2018 with List Price of $139,500

At the far eastern end of Indian Pass, our fifth and final sale is a roughly one-acre lagoon front lot listed for $139,900, a nice decimal shift from the $38,500 the sellers bought it for back in 1995. On Wednesday they sold it for just shy of full list, letting it go for $139,000, providing the buyers with seller financing.  It is located just before you get to the boat ramp at the tip of the peninsula.

Newly Built Second Tier Home at Cape San Blas Under Contract Sep 2018 with List Price of $749,000

We’ll return to the Cape to take a look at this week’s four new contracts, starting in a new development a few blocks south of Cape Palms Park, The Preserve, where buyers had their offer accepted on this newly built 4-bedroom, 3-1/2-bath, 2,500 square foot gulf view home located on a second tier lot.  Construction was finished this year, and the contractor-owner is asking $749,000 for it.

Four-Acre Bay Front Parcel on Cape San Blas Under Contract Sep 2018 with List Price of $553,850

Nearby on the other side of the street, a seller accepted an offer on his 4-acre bay front parcel with 213′ of bay frontage and about 800′ deep. He bought it just last December for $500,000, and has it listed for $553,850.

Indian Pass Gulf Front Lot Under Contract Sep 2018 with List Price of $485,000

We’ll head back over to Indian Pass for our final two contracts, the first of which is a 91′ by roughly 800′ deep, 1.8-acre gulf front lot that went under contract as soon as it was listed this week sporting a $485,000 price tag. The sellers have owned it since 2000 when they bought it for $240,000.

Indian Pass Gulf Front Home Under Contract Sep 2018 with List Price of $619,000

Our last contract is on a gulf front home out towards the tip of Indian Pass. It’s a 3-bedroom, 3-bath, 1,971 square foot home on 50′ of gulf front with an absolutely gorgeous view of St. Vincent Island.  The sellers bought it in late 2002 for $569,000, and have it listed for $619,000.

That’s a wrap for this week. Lots going on – if you’re interested in finding a great value of your own, call or text me at 850-227-5197 or contact me at sherri@sherridodsworth.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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Aug 31 2018

Cape San Blas Real Estate Week in Review – August 25-31, 2018

Published by under Cape San Blas

For Sale Sold SignLots to write about as we head into the busy Labor Day Weekend. We’ve all been working hard around here this week moving a lot of real estate, closing three sales, writing six new contracts, adding eight new listings, and launching a classic Labor Day Weekend Sale by rolling back the prices on five listings. We closed the week up by two at 297, with 83 homes and 214 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor markets. Let’s jump right in and see who’s buying what.

Seacliffs Townhouse Sold August 2018 for $360,000

We’ll launch into our review of this week’s three sales up 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 townhouse listed for $384,999.   The sellers bought it 18 months ago in February 2017 for $268,000 and from what I can tell from the photos have upgraded just a few pieces of furniture and some rugs and linens and not much else that meets the eye. None the less, they sold it for a nice profit on Friday, picking up a check at closing for $360,000.

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

About half a mile and a half further south is Cape Breezes, an original Cape neighborhood platted in the late 70’s.  It spans from gulf to bay with deeded access to each, with no HOA or HOA fees.  On Monday, the parties closed on this handsome 3-bedroom, 3-bath, 1,888 square foot gulf view home on the corner of Cape San Blas Road and Starboard Street listed for $575,000.  Even though this sits on the bay side of CSB Road, the views of the gulf from the home are really impressive, and it is only a short stroll over to the beach walkover. The home was built in 2005 and the sellers bought it in early 2016 for $363,500.  They made major improvements to the property since then such as adding an elevator, replacing porch rails, adding south-facing windows, fencing the backyard, adding an RV parking area, and totally landscaping the entire half-acre lot. On Monday all that hard work paid off and they handed over the keys to the new owners for $525,000.  The adjacent half-acre lot on the south side is available for $139,000.

Cape San Blas Bay Front Cottage Sold August 2018 for $275,000

Our third sale is this cozy little cottage on the bay at Old Saltworks Cabins on the south side of the Cape.  The sellers have owned the 2-bedroom, 1-bath, 495 square foot waterfront retreat since 1990 when they bought it for $100,000. It’s tucked away on a 1.24-acre bay front parcel with 103′ of waterfront. These sellers worked really hard to spruce her up to attract new owners, as noted in the MLS:

“This cottage has had more than a face lift! New AC/Heating, all new appliances, Kitchen, new beds, furniture, new floors throughout, and all the little things that make this place special. Roof less than 5 years old, new paint, decks”.

They had it listed for $319,000 and were rewarded for all their efforts on Monday, picking up a check at closing for $275,000.

Cape San Blas Interior Lot Under Conract August 2018 with List Price of $66,900

Now on to our six new contracts returning to the north end of the Cape, this time stopping on Hemmingway Drive in Sunset Pointe, where this 86′ by 126′, quarter-acre interior lot went under contract on Monday with a list price of $66,900.  The sellers bought it as a bank-owned property in 2010 for $46,000, quite a bargain compared to the $205,000 it went for in 2004.

In nearby Barrier Dunes, sellers accepted an offer on their 3-bedroom, 3-bath, 1,377 square-foot interior townhouse listed for $275,000.  They bought the property in the summer of 2015 for $177,500 and have made a lot of improvements since then according to the MLS notes:

2016-new roof, new carpet upstairs, new tile floor downstairs and stairway/entry. 2017- New cabinets in kitchen, new decks front and back, new siding and exterior paint, fresh paint throughout, new stove top, new dishwasher, new garbage disposal, new living room furniture, new patio furniture, new bed for spare bedroom-downstairs.

Although it was built in 1985, the improvements are so extensive, the property appraiser lists its market value effective age as 2007.

This pretty 4-bedroom, 3-1/2-bath, 2,556 square foot gulf view home on Summerhouse Lane in San Dunes is fairly new, completed in 2016. It is listed for $849,000. In late 2014 the owners bought the roughly quarter-acre corner lot on which it resides for $114,900, once again a far better value than the $590,000 it sold for back in 2005.

One Half of Cape San Blas Gulf Front Duplex Under Contract August 2018 with List Price of $499,000

Our fourth contract is on Surfside Lane in Silent Sands where buyers penned an offer on this 3-bedroom, 3-bath, 1,400 square-foot gulf front duplex listed for $499,000. The sellers bought it in early 2015 for $299,300.

Cape San Blas Gulf View Condo Under Contract Augus 2018 with List Price of $399,900

We’re back down on the south side of the Cape for contract number five.  Dunes Club is one of only a handful of condos on the Cape, and a second floor, gulf front unit caught some buyers’ attention and they submitted an offer which was accepted on Wednesday. It’s on a 3-bedroom, 2-bath, 1,176 square foot end-unit model.  The sellers bought it in 2004 for $335,000.

Bay View Lot Under Contract August 2018 with List Price of $119,900

We’ll travel off of the Cape for the first time today for our sixth and final contract, which is on a 138′ by 252′, three-quarters of an acre bay view lot listed for $119,900. It has all the utilities connections you need to park an RV on it.  The sellers bought it unimproved in the summer of 2012 for $35,000.

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

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

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Aug 24 2018

Cape San Blas Real Estate Week in Review – Aug. 18-24, 2018

Published by under Cape San Blas

For Sale Sold SignSummer sales keep sizzling, and we turned in another good week, closing five sales and penning seven new contracts. Sellers changed six prices, and added fourteen new offerings to the menu.  Hard to believe, but even with all that activity our inventory remains unchanged from last week, closing at 295, with 84 homes and 211 lots listed for sale in the Cape San Blas, Indian Pass, and C-30 Corridor MLS. Let’s see what buyers have been up to.

Interior Lot in Ovation at CSB Under Contract March 2018 with List Price of $44,900

The first two of our five sales are located in Ovation, starting off with this irregularly shaped “X” zone lot on Regatta listed for $44,900, close to the $44,500 if sold for in 2014. This is a very pretty home setting on a site with good elevation. The seller bought it in Dec. 2015 for $78,500, and sold it on Friday for $39,000.

Ovation Water View Lot Under Contract August 2018 with List Price of $49,500

The second Ovation sale is on Pinnacle, this one listed for $49,500. The sellers bought the irregularly-shaped, 0.6-acre property two summers ago for $57,500, and sold it on Friday for $42,000. In 2005, the developer sold it for $355,000.

On the south side of the Cape on Mercury Lane in Surfside Estates, the parties went to the closing table on this 4-bedroom, 3-1/2-bath, 1,744 square foot gulf view home on a quarter-acre lot listed for $489,900.  The new owner took title on Friday for $468,000 cash.

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

Just three streets over in Boardwalk, this 3-bedroom, 2-bath, 1,458 square foot bay view home went under contract in early July with a list price of $325,000. Boardwalk is a quiet, residential neighborhood from the mid-1980’s with a lovely community pool over looking the gulf, and a very nice walkover to the beach. The sellers of this home are the original owners with records indicating they bought the lot in 1987. They handed over the keys at closing on Friday for $300,000.

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

Our fifth and final sale is about a third of a mile on down the road. It’s an irregularly-shaped, 1.22-acre gulf front lot next door to Cape Dunes under contract since the first week of July sporting a $299,950 price tag. It was carved out of a parent parcel that sold in 2001 for $288,900. This portion sold last Friday for $283,250.

Cape San Blas House Under Contract August 2018 with List Price of $559,900

Now on to our seven new contracts, starting off on Tampico Lane where buyers had their offer accepted on this 4-bedroom, 3 1/2-bath, 1,918 square foot home listed for $559,900.  It’s nestled on a roughly quarter-acre, “X” zone lot, and was built in 2003. The sellers bought it in late 2004 for $625,000.

Cape San Blas Corner Lot in Seagrass Under Contract August 2018 with List Price of $140,000

Seagrass subdivision is just a short stretch down the road from Tampico, and it’s the site of our second contract which was written on this quarter-acre, “X” zone corner lot listed for $140,000, a nice return on the $52,000 it sold for in late 2012.

Gulf Front Rental House on Cape San Blas Under Contract August 2018 with List Price of $775,000

Haven Road lies on the gulf side of Seagrass, and its home to this 4-bedroom, 3/2-bath, 2,366 square foot first tier lovely listed for $775,000. It’s a great rental property, generating $93,600 in gross rental income in 2017. It last sold in the summer of 2008 for $720,000.

Cape San Blas Gulf Front Rental House Under Contract August 2018 with List Price of $899,500

Our next stop is Belize Drive, located less than a quarter mile south of The Trading Post.  Here the parties shook hands on this 3-bedroom, 3-1/2-bath, 1,997 square foot gulf front home listed for $899,500.  It was built on the 65′ wide lot in 2005, and last sold in the summer of 2015 for $520,000.

Cape San Blas Gulf Front Rental House Under Contract August 2018 with List Price of $899,500

Our next stop is down by the rocks at Stumphole, where sellers accepted an offer on this 4-bedroom, 3-bath, 2,112 square-foot gulf front rental home listed for $849,900.  They built it on the 55′ wide lot in 2013. In 2017 it generated $58,789 in gross rental income for them.

Gulf Front Lot San Blas Plantation Under Contract August 2018 with List Price of $320,000

Gulf front properties were super hot this week, and our sixth contract is no exception, with sellers accepting an offer on their 88′ by 971′, 1.67-acre gulf front lot in San Blas Plantation, the subdivision in which my office is located.  The seller has owned it since 1995 when they bought it for $90,000.

Gulf Front Home Near Indian Pass Under Contract August 2018 with List Price of $579,000

We’ll leave the Cape for the first time today heading over towards Indian Pass to Canoe Lane, where sellers accepted an offer on their 3-bedroom, 3-bath, 1,530 square foot gulf front rental home. We saw this one here in 2015 when it sold as a bank-owned property for $273,000. Those buyers have done an amazing renovation breathing life back into the property, turning the ugly duckling into quite a lovely swan.  It looks as if all their hard work is about to pay off for them.

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 17 2018

Cape San Blas Real Estate Week in Review – August 11-17, 2018

Published by under Cape San Blas

For Sale Sold SignWe had a rainy week but all that liquid sunshine didn’t dampen buyers’ appetites for snapping up great real estate offerings. We closed eight sales and seven listings went under contract.  Sellers added five new listings, and changed prices on nine others. With all that activity, we managed to trim our inventory by five, closing out the week at 295, with 88 homes and 207 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor MLS market.

Cape San Blas Gulf Front Hose at Secluded Dunes Sold August 2018 for $1.7M

We’re all the way up in Secluded Dunes, the northernmost subdivision on the Cape, for the first of our eight sales.  This was not an MLS listing but apparently a direct negotiation between a buyer’s agent and an owner . The parties came to an agreement on this 5-bedroom, 5 1/2-bath, 2,992 square foot house situated on 108′ of gorgeous gulf front.  F&B Builders built it in 2015, and in 2017 the seller reports it generated $150,000 in gross rental income. This sale was entered into the MLS this week even though the agent who entered the data says it closed back on the 9th for $1.7M.

Cape San Blas Gulf Front Condo Under Contract June 2018 with List Price of $399,900

In nearby Seacliffs, this 3-bedroom, 2-1/2-bath, 1,647 square foot gulf front condo was listed at the beginning of March for $429,900, but the sellers decided to lower that price May 31 to $399,900, and put it under contract on July 31st.  They bought the early 1980’s unit in 2001 for $289,900, used it as a private residence up until a couple years ago, and sold it last Friday for $380,000.

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

Next door to Seacliffs is Barrier Dunes where this 3-bedroom, 3 1/2-bath, 1,865 square foot gulf front townhouse was snapped up just three days after it hit the MLS the first week of July.  The sellers paid $455,000 for it in 2004 and made improvements over the years, including a totally remodeled kitchen with new cabinets and granite countertops.  They were asking $585,000 and sold it on Wednesday for $555,000 cash.

Ovation water view Lot Sold August 2018 for $39,900

About a mile down the beach from Barrier Dunes is Ovation, home to our fourth sale, an interior lot with views of both the bay and gulf when an elevated home is placed on it. The sellers bought it in a distressed sale in 2013 for $20,000, a far cry from the $235,000 it went for in 2005. On Friday, they got their full list price of $39,900.

Cape San Blas Bay Front Lot with Dock Sold August 2018 for $180,000

We’ll travel south a couple miles to several hundred feet past Scallop Cove where the parties went to closing on this 100′ wide, 1.4-acre bayfront lot complete with dock listed for $212,500. The seller bought it in 2004 for $440,000 and sold it on Friday for $180,000.

Cape San Blas Bay Front House Sold August 2018 for $423,000

More bay front action, this time down on the south side of the Cape, about a mile after you turn onto the Cape from C-30. This 3-bedroom, 2-bath, 1,338 square foot circa-1985 home sits on an acre lot with 122′ of bay frontage. It was listed for $449,000 and sold for $423,000.

Money Bayou Gulf Front Home Under Contract June 2018 with List Price of $949,000

For our final two sales, we’ll leave the Cape time heading east along C-30 over to Money Bayou stopping first on Sweetwater Shores Drive where the parties closed on this 4-bedroom, 3-bath, 2,200 square foot home listed for $949,000. Construction on this home was completed just this year. It sits on a 50′ wide gulf front lot and features two master bedrooms overlooking the gulf.  The buyers brought cash to the table and picked up the keys on Monday for $880,000.

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

We’re back out on C-30 heading over to Sweetwater Shores in Money Bayou to this 63′ by 490′, .71-acre gulf front lot listed for $279,000. It hit the MLS in mid-July on a Monday and was under contract by that Friday. The seller bought it in 2004 for $750,000, and sold it on Thursday for $270,000. Ouch.

Sunset Pointe Interior Lot Under Contract August 2018 with List Price of $69,900

Moving on to our seven new contracts, we’ll head back up to the north side of the Cape, stopping this time in Sunset Pointe where this 0.27-acre interior lot went under contract on Monday with a list price of $69,900, a far cry from the $450,000 it last sold for in early 2005.

Ovation Water View Lot Under Contract August 2018 with List Price of $49,500

Back to Ovation for contract number two, another lot on Pinnacle, thisone listed for $49,500. The sellers bought the irregularly-shaped, 0.6-acre property two summers ago for $57,500. In 2005, the developer sold it for $355,000.

Cape San Blas Third Tier Home Under Contract August 2018 with List Price of $499,900

Several streets north of The Trading Post is Catamaran Drive, home to this 3-bedroom, 3 1/2-bath, 1,885 square foot home listed for $499,900. It was built in 2002 om a quarter-acre third-tier lot “X” zone.  There is no HOA or HOA fees and there is easy access to the beach at the end of the street. The sellers are asking $499,900, essentially what they paid for it in late 2006, $500,000.

Gulf Front Lots Under Contract August 2018 with List Prices of $169,000 Each

Our next three contracts are on three 50′ wide gulf front lots listed for $169,000 each. They’re located just a bit north of the rocks at Stumphole in an area of historically high erosion.

Waters Edge Interior Lot Under Contract August 2018 with List Price of $39,000

Our seventh and final new contract is on an interior lot over in WAters Edge, the first subdivision on your left when you leave the Cape heading in the direction of Indian Pass. Thie 70′ by 248′, 0.40-acre lot is listed for $139,000. The seller bought three lots from the developer in 2002 for $189,000 of which this is one.

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 10 2018

Cape San Blas Real Estate Week in Review – August 4-10, 2018

Published by under Cape San Blas

For Sale Sold Sign  Great being off for two weeks but glad to be back.  I hope you caught my quick recap of those fourteen days in my previous post.  Since last Friday we have closed four sales, written four new contracts, sellers added thirteen new listings, and changed prices on eight others.  I find it absolutely amazing that with all the transactions since last we met here on July 21 our inventory has only inched up by one, closing this week at 300, with 89 houses and 211 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor market.

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

The first two of our four sales  are adjacent lots on the corner of Sandlewood and Robinwood Drives in Peninsula Estates. This is one of the original subdivisions on the Cape, spanning from bay to gulf with all properties conveying with deeded access to both.  There is no HOA or HOA fees. It is located about a mile south of the entrance to the state park.  Both were listed for $69,000 each; the owners have had them for so long I didn’t find any sales data on them at the property appraisers site. On Wednesday, they closed for $61,250 apiece.

Gulf Front Lot on Cape San Blas Under Contract May 2018 with List Price of $549,000

Sale number three is a 51′ by 460′, 0.56-acre gulf front lot in Monarch Beach, a recently platted new development on the Cape just a bit south of Cape Palms Park. The developer asked for and got $549,000 for this lot, or $10,764 per waterfront foot.

Cape San Blas Gulf Front Lot Under Contract June 2018 with LIst Price of $325,000

Our fourth and final sale is down on the south side of the Cape in San Blas Plantation, the neighborhood in which my office is located. This 70′ wide, 1.1-acre gulf front lot on Sand Dollar Way was listed for $325,000, less than half the waterfront foot price we just saw on the north end of the Cape. The sellers bought the property in 2003 for $425,000, and sold it on Monday for $300,000.

Gulf View House at Cape San Blas on Florida's Forgotten Coast Under Contract August 2018 with List Price of $487,500

For the first of our four new contracts, we’ll head down to the south side of the Cape stopping on Polaris Drive in Surfside Estates where the parties came to an agreement on Friday on this 5-bedroom, 4 1/2-bath, 2,178 square foot gulf view home listed for $487,500. The sellers bought the 0.18-acre, 75′ by 100′ second tier gulf view lot back in 1995 for $29,500 and built the home in 2003.

Gulf Pines Gulf Front Lot Under Contract August 2018 with List Price of $499,900

We’re leaving the Cape again, heading east along C-30, pulling into Gulf Pines where buyers had their offer accepted on this 100′ by 348′, 0.8-acre gulf front lot listed for $499,900. It last sold in late 2008 for $644,000. This is a FEMA-eligible neighborhood with HOA fees of only $200 per year.

Gulf Front Lot at Indian Pass on Florida's Forgotten Coast Under Contract August 201 with List Price of $279,000

Next stop, Indian Pass, home to our last two contracts, starting off with this 50′ wide, half-acre gulf front lot on Broken Arrow Lane listed for a very attractive $279,000. The sellers picked it up on early 2009 for $204,000.

Indian Pass Lagoon Front Lot Under Contract August 2018 with List Price of $139,500

At the far eastern end of the Pass, sellers accepted an offer on their roughly one acre lagoon front lot listed for $139,900, a nice decimal shift and then some from the $38,500 they paid for it back in 1995. This one is located just before you get to the boat ramp at the tip of the peninsula.

And that brings us up to date. Big news around here this week was a feature story in Fox Business News that listed the Top 25 U.S. vacation rental markets for investors, and their rankings, in order, ranked our very own Forgotten Coast at Number 1.  Still trying to digest that, but it should definitely have an impact here over the next few months, so whether you’re considering buying or selling, it’s time to talk. Cal or text me at 850-227-5197 or drop and email to sherri@sherridodsworth.com and we’ll explore what opportunities may be available to you.

Great to be back – thanks so much for stopping back by.  Hope to see you here again next week.

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Aug 10 2018

Market Update For My Two Week Summer Break

Published by under Cape San Blas

I hope everyone is enjoying these last few weeks of summer. I returned to work this past Monday after two weeks off to rest and recharge, blissfully totally digitally unplugged. I learned a lesson though – I should have mentioned that  in my July 20 post in the first paragraph rather than the last because I’ve received a lot of texts, emails and calls asking if I’ve retired the blog or expressing concern about my well being.  I apologize for the confusion. Next time I’ll know better!  Thank you so much for your concern!

I’ve had a crazy busy work week trying to get caught up with my business as you can well imagine which allowed no time for writing in detail about all of the closings and new contracts for three full weeks. So in order to get us back on track and up-to-date with my weekly reviews, I’ve decided to write this post to provide you with links to sales, new contracts, new listings and price changes that happened between July 21 and August 3.  I’ll follow it with our usual format for the past week from last Saturday through Friday.

So here we go!  During my time off we

And with that, we’re current through last Saturday, August 4.  I’m working on that post and hope to have it up within the next 24 hours.

Thanks so much for hanging in there with me!  I’ve missed my readers and am glad to be back to doing what I love most – listing and selling real estate, and telling you all about our market!

 

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Jul 20 2018

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

Published by under Cape San Blas

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

 

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Jul 14 2018

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

Published by under Cape San Blas

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

 

 

 

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