Archive for the 'Cape San Blas' Category

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

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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

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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

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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

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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

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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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Jul 06 2018

Cape San Blas Real Estate Week in Review – Jun 30-Jul 6, 2018

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For Sale Sold SignWe 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 five sales but wrote up just two new contracts. Sellers added eight new listings, and changed prices on five others.  Our inventory inched up by two, closing the week at 298, with 87 homes and 211 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor MLS.  Let’s see what caught buyers’ eyes.

Cape San Blas Townhome Under Contract May 2018 with List Price of $272,500

Two of our five sales are on the north end of the Cape in Barrier Dunes, the first of which being this 3-bedroom, 3-1/2-bath, 1,888 square foot unit on Parkside Circle listed for $272,500.  The sellers bought it in late 2003 for $235,000, and have done a number of improvements since then, such as replacing the roof in 2012, painting the exterior in 2016, replacing the refrigerator in 2014 and the range and dishwasher in 2015.  On Tuesday the new owners took title for $267,000.

Barrier Dunes Townhouse Under Contract June 2018 with List of $250,000

Our second sale is this 2-bedroom, 2-1/2-bath, 1,377 square foot townhouse also on Parkside Circle listed for $250,000. The sellers are the original owners having bought it in 2003 from the developer for $188,600. On Thursday they bid it adieu for $235,000 cash.

Cape San Blas Gulf Front House Under Contract March 2018 with List Price of $799,000

Less than two miles down the beach on White Sands Drive in San Blas Shores, the parties went to closing on this 2-bedroom, 3-bath, 1,956 square foot gulf front home listed for $799,000. According to county records it was built around 1986 and has been very well-maintained over the years. It’s a popular rental known as Green House and is being sold turn-key. On Friday it sold for $780,000.

Newly Built Gulf Front Home at Capae San Blas Under Contract May 2018 with List Price of $1.449M

There was more gulf front on this newly built 4-bedroom, 4-1/2-bath, 3,515 square foot gulf front home on Summerhouse Lane in Sea Dunes subdivision. The sellers bought the 50′ wide lot in the summer of 2004 for $725,000 and had the home built in the past year, adding the finishing touches just a few weeks ago. It was professionally furnished by Lemongrass Interiors of Port St. Joe, a design firm recently featured on a Cape San Blas edition of HGTV’s Beachfront Bargain Hunt: Renovation.

Money Bayou First Tier Spec Home Under Contract June 2018 with List Price of $679,000

For our fifth and final sale, we’ll leave the Cape and head over to Griffin Avenue in Money Bayou to a 4-bedroom, 3-bath, 2,20 square foot first tier home also completed just this year.  The sellers bought the 53′ wide lot in 2004 for $399,000, listed the house for $679,000, and sold it on Tuesday for $650,000. This is a FEMA eligible area and there is no HOA in this neighborhood.

Cape San Blas Gulf Front Home Under Contract July 2018 with List Price of $899,500

Only two new contracts this week, the first of which is on Belize Drive on the Cape, about a quarter mile south of the Trading Post. Buyers wrote an accepted offer on this attractive 3-bedroom, 3-1/2-bath, 1,997 square foot home situated on a 61′ wide gulf front lot.  The sellers bought it in the summer of 2015 for $520,000 and have it listed for $899,500.  They have updated the bathrooms and added a 12ft x7.5ft Swim Spa, 800 feet additional deck and an outdoor shower. The home has been professionally decorated, and is being sold fully furnished.

Bay Front Lot Near Cape San Blas Under Contract July 2018 with List Price of $115,000

Our other new contract is on a 100′ wide bay front lot on Sandbar Drive in Treasure Bay, the second subdivision on your left when you leave the Cape and head towards town. This western-facing property with gorgeous sunset views last sold in early 2015 for $115,000. Treasure Bay is a quiet little neighborhood and is in a FEMA-eligible area.

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 29 2018

Cape San Blas Real Estate Week in Review – June 23-29, 2018

Published by under Cape San Blas

For Sale Sold SignOur market took a bit of a breather this week with only two sales closing and three new contracts.  Sellers added three new listings to the mix, and changed prices on three others. Our inventory crept up by three, closing the week at 296, with 86 houses on 210 lots listed for sale in the Cape San Blas, Indian Pass, and C-30 Corridor MLS market.

Cape San Blas Lot Near State Park Under Contract June 2018 with List Price of $99,000

Across from Coneheads restaurant is the turn off from Cape San Blas Road onto Seacliffs Drive. The first of our two sales is located about mid-way between that intersection and the entrance to Barrier Dunes.  Two weeks ago, sellers accepted an offer on their roughly half-acre lot on the corner of Seacliffs Drive and Bluewater Drive. They bought it in late 2008 for $80,000, had it listed for $99,000, and sold it on Thursday for $90,000, with the buyer paying cash.

Gulf Pines Gulf Front Home Under Contract June 2018 with List Price of $695,000

For our second sale we’ll head over to Gulf Pines to this 3-bedroom, 2-bath, 1,560 square foot home on a 75′ wide gulf front lot listed for $695,000. The owners bought the lot way back in 1995 for $97,500 and built the home the following year. On Monday they handed over the keys to the new owners for $625,000 cash.

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

We’re back at the north end of the Cape for the first of our three new contracts, the first of which is on this 3-bedroom, 2-1/2-bath, 1,647 square foot gulf front condo. It was listed at the beginning of March for $429,900, but the sellers decided to lower that price May 31 to $399,900, and now they have a contract. It is located in Seacliffs and was built in the early ’80’s.  The sellers bought it in 2001 for $289,900.

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

We’re back out on C-30 for our second contract which is on 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.

Gulf Front Home Under Contract June 2018 with List Price of $1.385 M

Our last stop for the day is over on Canoe Lane, just past Treasure Shores, where sellers accepted an offer on their 4-bedroom, 4 and 2 half bath, 4,855 square foot gulf front home listed for $1,385,000. They bought the 85′ wide lot in mid-2010 for $280,000 and had Windolf Construction build the home four years later. The MLS notes describe the many features this lovely home has to offer:

Immaculate custom-built Gulf front home with views from every angle! The details must be seen to be appreciated! The Master Suite is on the top floor with a large bathroom, walk in closets, and a two-way fireplace from the bedroom to the office and separate sitting area to watch the sun set. This 4-bedroom 6 bath house has a photography studio which can easily be turned into a 5th bedroom. Walk onto the beautifully decorated third floor living area with an open floor plan, 2 sitting areas, a fireplace and views from all around. The kitchen is a chef’s dream with top of the line appliances and induction cook-top. The 2nd floor guest area has a sitting room, its own washer/dryer and a wet bar. Each floor, accessible by elevator, has its own sitting area with Gulf views and large screened-in decks.

That’s a wrap for this week. Time to fire up the grill and burn some burgers and hot dogs. I hope you have a fun-filled Fourth and don’t forget to slather on the sun screen. If it’s too hot out there and you head inside to cool off, pick up the phone and give me a call and let’s talk real estate. Call me at 850-227-5197 or shoot me an email to Sherri@SherriDodsworth.com . Hope to hear from you soon, and thank you so much for taking time to stop by today.

 

 

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Jun 22 2018

Cape San Blas Real Estate Week in Review – June 16-22, 2018

Published by under Cape San Blas

For Sale Sold SignOur real estate market continues to sparkle as brightly as our beautiful sun-kissed beaches, with four sales and four new contracts.  Sellers added eight new listings and changed prices on seven others. Our inventory crept up by two, closing the week at 293, with 86 houses and 207 lots listed for sale in the Cape San Blas, Indian Pass, and C-30 Corridor market.  Let’s see what’s moving.

Cape San Blas First Tier Lot Under Contract May 2018 with List Price of $197,000

We’ll start our review of this week’s four sales just south of Rish Park in Paradise Gulf where this 83′ by 190′, .36-acre first tier lot listed for $197,000 went under contract in mid-May. The sellers purchased the X-zone lot in March 2015 for $156,000, and sold it last week for $188,000.

Cape San Blas Gulf Front Lot Under Contract May 2018 with List Price of $649,000

Next up is a premiere Gulf Front X Flood Zone lot in Sunset Beach Estates, home to the widest gulf front lots in any subdivision on the North Cape currently available for sale. 63′ gulf front footage gives you a 26% wider footprint than other gulf front subdivision lots, affording you greater flexibility in your custom house plans with plenty of room for a pool. The southernmost lot went under contract the first week of May with a list price of $649,000, and closed on Friday for $630,000 with the buyer paying cash.  There are only four others left, so let me know soon if you’d like to claim a similar setting in this coastal paradise to call your own.

Cape San Blas Gulf View Home Under Contract May 2018 with List Price of $500,000

Lots of action on McCosh Mill Road in Piney Woods subdivision where we had two closings this week, starting off with this handsome 3-bedroom, 3-bath, 2,001 square foot gulf view home listed for $500,000. The sellers bought the X-zone lot in 2016 for $65,000 and built the home the following year. They handed over the keys to the new owners last Friday for $462,000. Piney Woods owners enjoy an attractive community pool and deeded gulf access via a wooden walk-over to the beach.

Piney Woods 2nd Tier Lot Under Contract May 2018 with List Price of $69,900

Our fourth and final sale is a 72′ by 55′, .09 AC lot just across from the previous home listed for $69,900. The sales history on this one is a bit unclear looking at county records. On Friday it sold for $59,000. If you like the looks of this little neighborhood, I have a first tier lot listed for $129,000.

Cape San Blas Bay View Lot Under Contract June 2018

Now on to our four new contracts returning to the north end of the Cape, this time all the way up to Sunset Pointe by the State Park where this 80′ by 150′, quarter-acre lot went under contract on Friday with a list price of $59,900. The seller bought it at the end of 2012 for $30,000. Prior to that it had sold in early 2004 for $230,000.

We’re back down on the south side of the Cape for our second contract, heading to Mariner Lane in Southbeach, a gated gulf front subdivision which provides both gulf and bay access to its owners.  Buyers penned an offer on a 100′ by 120′, 0.28-acre, X-zone lot listed for $84,900, for which the sellers paid $67,000 all the way back in 2001.Vill del Sol Subdivision Under Contract August 2017 with List Price of $4,399,900

Seems we’ve moved a fair number of large tracts on the Cape in the past year, and our third new contract continues that trend.  Villa del Sol, a 21-acre subdivision on the south side of the Cape, is a remnant of the real estate boom of the early 2000’s.  The developers back then installed brick paver roads, all of the infrastructure such as water, sewer, underground electric and cable, and even pre-paid for sewer taps for all of the 48 lots.  The market crashed, and they lost it. The current owners purchased the common areas and the 43 un-sold lots in early 2013 for $1,837,500 as a distressed sale.  They put it back on the market in January last year with a list price of $4,399,900, and recently reduced that to $3.6M.  That listing expired three weeks ago, but was reactivated in the MLS on Thursday with the status immediately changing to contingent.Treasure Shores Gulf Front Home Under Contract June 2018 with List Price of $839,000

We’ll leave the Cape for the first time today for our fourth and final contract which is on 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.

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

 

 

 

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Jun 15 2018

Cape San Blas Real Estate Week in Review – June 9-15, 2018

Published by under Cape San Blas

For Sale Sold SignOur healthy market pace continues this week as we closed six sales and added seven new contracts.  Sellers added eight new listings, one of which is already under contract, and changed prices on two others. Even with all those new listings, our inventory managed to shed seven, closing the week at 291, with 82 homes and 209 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor MLS market. Let’s see what’s moving.

Secluded Dunes Gulf Front Home Under Contract June 2018 with List Price of $1.49M

The first of our six sales is located on the northernmost platted private property on the Cape. It’s a 5-bedroom, 5 1/2-bath, 3,023 square foot home on Secluded Dunes Road built in 2005 on a 114′ wide gulf front lot.  If it looks familiar it may be because we saw it here just last week when it went under contract. It was listed for $1.49M and sold Friday for full list price with the buyer paying cash.

Barrier Dunes End Unit Under Contract May 2018 with List Price of $265,000

Our next two sales are in nearby Barrier Dunes starting off first with this 2-bedroom, 2-1/2-bath, 1,216 square foot townhouse on Barrier Dunes Drive which has been under contract since May 24 with a list price of $265,000. This end unit last sold in the summer of 2006 for $300,000. Interestingly, the listing agent is also the person who sold it to the current owner back then. On Monday the new owners picked up the keys at closing for $230,000.

Barrier Dunes Townhouse Under Contract May 2018 with List Price of $239,900

Next up is this 2-bedroom, 2-bath, 1,377 square foot circa-2005 townhome on Parkview Court listed for $239,900. The sellers bought it in early 2015 for $184,000 and have done a lot of upgrades since then such as new roof, new a/c’s, and fresh paint.  On Friday all that hard work paid off when they picked up a check at closing for $223,000.

Cape San Blas Gulf Front Lot Under Contract May 2018 with List Price of $545,000

Next up, a 53′ by 550′, 0.77 acre gulf front lot near Coneheads listed for $545,000, a price which includes DEP permitting and building plans. The developer got $525,000 for this sale. This is in the recently-platted micro subdivision of Findlay Shores, so no prior sales history on this one.

Cape San Blas Gulf Front Lot Under Contract May 2018 with List Price of $349,000

We’ll head on down to the south side of the Cape to Sand Dollar Drive in San Blas Plantation, the subdivision in which my office is located. The parties closed on this 75′ by 685′, 1-acre gulf front lot listed for $349,000, with a final settlement price of $336,500. The sellers bought the lot in early 2002 for $475,000.  San Blas Plantation has a boardwalk to the beach in place and offers similar bay access across the street.

Cape San Blas Gulf Front Condo Under Contract April 2018 with List Price of $360,000

A few blocks further east is Dunes Club, home to some of the very few condominiums available on the Cape. All of the units in this three-story building are gulf front, and the complex includes a community pool and tennis courts. In late April, sellers accepted an offer on their 3-bedroom, 2-bath, 1,176 square foot unit located on the first of the three floors of the structure. They bought it in 2005 for $465,000, had it listed for $360,000, and on Monday accepted $340,000 with the buyers using conventional financing.

Barrier Dunes Townhouse Under Contract June 2018 with List of $250,000

We’ll return to Barrier Dunes for our review of this week’s crop of seven new contracts starting off with this 2-bedroom, 2-1/2-bath, 1,377 square foot townhouse on Parkside Circle listed for $250,000. The sellers are the original owners having bought it in 2003 from the developer for $188,600.

Cape San Blas Lot Near State Park Under Contract June 2018 with List Price of $99,000

Across from Coneheads restaurant is the turn off from Cape San Blas Road onto Seacliffs Drive. Our second new contract is located about mid-way between that intersection and the entrance to Barrier Dunes.  On Monday, sellers accepted an offer on their roughly half-acre lot on the corner of Seacliffs Drive and Bluewater Drive. They bought it in late 2008 for $80,000 and have it listed for $99,000.

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

Our third contract 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 this week. It’s a 4-bedroom, 3-1/2-bath, 2,143 square-foot bay view home listed for $569,000 on an X-zone lot, and is being sold fully furnished. The sellers bought it just three years ago for $459,000.

Cape San Blas Gulf View Lot Under Contract June 2018 with List Price of $119,000

Two miles further south is the recently-platted Christo Beach, home to our fourth new contract,  a 68′ by 136′, 0.21-acre lot fronting Cape San Blas Rd. listed for $119,000.

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 buyers had their offer accepted on this 2-bedroom, 2-bath, 900 square foot gulf front cottage listed for $749,000.  It was built in 1985 but when 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.  It is listed for $749,000.

Gulf Pines Gulf Front Home Under Contract June 2018 with List Price of $695,000

We’ll leave the Cape for the first time today heading over to Gulf Pines to this 3-bedroom, 2-bath, 1,560 square foot home on a 75′ wide gulf front lot listed for $695,000. The owners bought the lot way back in 1995 for $97,500 and built the home the following year.

Indian Pass First Tier Lot Under Contract June 2018 with List Price of $119,900

Our seventh and final contract is on a 95′ wide , 0.66-acre, X zone 1st tier lot listed for $119,900. It includes deeded beach access.  The parent lot from which it was platted was purchased in February of this year for $520,000.

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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