Archive for November, 2019

Nov 15 2019

Cape San Blas Real Estate Week in Review – Nov. 9-15, 2019

Published by under Cape San Blas

Like much of the rest of the nation, Old Man Winter flexed his muscles along the coast this week, slamming overnight temps into the 30’s and 40’s and daytime highs only into the low 50’s for a couple of days. Hopefully we’ll soon warm back up into the 60’s where we should be for this time of year. Realtors adapted the mailman’s mantra of allowing neither sleet, nor hail, nor unseasonably cold weather to keep us from helping folks find a sandy place in the sun, closing three sales and writing up five new contracts. Sellers added ten new listings, and adjusted prices on two properties.Even with all that, our inventory remained unchanged, closing once again at 289, with 69 homes, 215 lots, four commercial and 1 long term rental MLS offerings in the Cape San Blas, Indian Pass and C-30 Corridor market.


The first of our three sales is a gorgeous gulf front lot in Sunset Beach Estates, a beautiful community on the Cape about 2 miles south of the state park.This is one of the widest subdivision gulf front lots on the Cape, with 63’ of waterfront and a depth of 945’ for a little over 0.6 of an acre.  This lot was listed for $649,000 and closed on Tuesday for $625,000.  With this sale, only one gulf front lots remains, but there are still beautiful first tier lots available for $299,000.

This quadplex has become a familiar site on these pages recently with this being the third unit in the past few months to be put up for sale. This one’s a 3-bedroom, 2-bathThis 3-bedroom, 2-bath, 1,300 square lower level unit last sold in late 2016 for $240,000. It was built in 1985 and underwent a major renovation in the wake of Hurricane Michael, emerging with a totally new lease on life with a new roof, all new windows and doors, new decks, stairs and myriad other upgrades. She’s looking great and ready for another 34 years of fun in the sun. Like its two predecessors, it was listed one day and went under contract the following day.  The seller was asking $419,000 and closed on Tuesday for $416,000.

We’ll leave the Cape and travel east along C-30 out past the Indian Pass Raw Bar to this 3-bedroom, 2-bath, 1,200 square foot lagoon-front cottage listed for $239,500. It was built in 2008 on a 1.12-acre lot which extends out into the marshland of Indian Pass Lagoon. The seller purchased the home in a bank sale in 2010 for a mere $100,000. On Friday he picked up a check at closing for $230,000. Nice.

Now on to our five new contracts, starting off up in Secluded Dunes, the northernmost subdivision on the Cape. Buyers were attracted to this 3-bedroom, 3-1/2- bah, 2400 square foot first tier home listed for $749,900.  The home was built in 2010 and last sold in early 2017 for $660,000.

Roughly two miles south of Secluded Dunes is Hibiscus Bay to Beach and here sellers accepted an offer on their roughly half-acre bay front lot with 100′ of waterfront. This picturesque little community spans from the bay to the gulf, and includes a bay walkover, community pool, and walkover to the beach complete with a gazebo for relaxing while taking in those gorgeous sunset views. This lot belongs to the developer’s family, so no sales history on it.

Our third new contract takes us about another mile down the road to Catamaran Drive in Feather Sound where sellers accepted an offer on this 3-bedroom, 3-bath, 1656 square foot second tier home.  It is a terrific rental property, and affords terrific gulf views through out, and includes an in-ground pool with separate spa. There is no HOA or HOA fees, and all properties convey with deeded gulf access. The sellers bought it in 2016 for $475,000, have made myriad upgrades since then, and have it listed for $639,000.

We’ll head down to the south side of the Cape to an unusual offering, a family retreat located on a 12-acre parcel that spans from gulf to bay with 322′ of waterfront on either side. The home itself is a 4-bedroom, 4-bath, 5,736 circa 1995 home located on the gulf side of the property. The sellers have owned it since the early 90’s so no pertinent sales history.  It went under contract with a list price of $2,875,000.

We’ll wrap things up today over in Money Bayou where this 60′ by 417′, .574-acre gulf front lot on Griffin Avenue went under contract with a list price of $309,000. The sellers bought it in early 2000 for $194,500.

That does it for this week.I hope it is sunny and warm where you are and if you’d like to join us here on the Cape, where no matter how cool it gets, the only white drifting stuff we ever have to worry about is the sugar white sand on our beaches.  Whether you’re thinking of buying or selling, give me a call at 850-227-5197 or shoot me an email to sherri@sherridodsworth.com .  Let’s put some SOLD signs on some of these great deals!  Thanks for stopping by today – I look forward to hearing from you.

Reminder – If you would like to read this with the links to the various listings, I can only email them to you now with our new MLS which I’ll be glad to do. Just let me know by sending me a request to sherri@sherridodsworth.com and I’ll set you up to receive my blog post with the links each week.

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Nov 08 2019

Cape San Blas Real Estate Week in Review – Nov. 2-8, 2019

Published by under Cape San Blas

        Most of the action this week was on the Sellers side as we closed four sales and only wrote up one new contract. Sellers posted For Sale signs on twelve new listings, and changed prices on ten others. With all those new listings, our inventory swelled by seven, closing the week at 289 with 72 homes, 211 lots, 5 commercial and 1 long-term rental property MLS offerings in the Cape San Blas, Indian Pass, and C-30 Corridor market. Let’s take a look at what’s moving.

The first of our four sales is on Catamaran Drive in Feather Sound, a laid-back beach neighborhood with no HOA or HOA fees. Buyers were attracted to this 3-bedroom, 3-bath, 1,428 square foot home with both nice gulf and bay views. The property includes deeded gulf access. The sellers bought the lot back in 2011 for $60,000 and sold the home on Tuesday for $470,000.

Sale number two is down on the south side of the Cape in The Club at Cape San Blas, one of only a couple of condominium complexes on the Cape. It sits overlooking the gulf, and has an inviting community pool. This 2-bedroom, 2-bath, 1,200 unit went under contract the day it hit the MLS with a $400,000 price tag which in our market typically indicates the parties negotiated the deal before going live with the listing. The parties closed on Wednesday for thet full list price of $400,000.

We’ll head out onto C0-30 for our final two sales, starting with this 4-bedroom, 2-1/2-bath, 2,423  square foot home  on a 100′ wide lot overlooking the bay. The circa-1985 home is in the vicinity of where Triple Tails used to be and is listed for $525,000. The seller has owned it for a very long time so I found no pertinent sales history data.  The new owners picked up the keys at closing on Thursday for $515,000 cash.

For our fourth and final sale we’ll travel east a few miles past the Indian Pass Raw Bar, to this 3-bedroom, 2-bath, 1,200 square foot home overlooking Indian Pass Lagoon. It is situated on a 85′ by 500′, .97 acre lagoon front lot. The waterfront home was built in 2008 and was sold partially furnished for $268,000. The sellers bought it in early 2017 for $204,000, and sold it on Friday for $265,000 cash.

Our one and only new contract is on a fixer-upper on Palm Street in Indian Pass Beach Subdivision. It’s represented on the property appraisers web site to be a 2-bedroom, 1-bath, 1,092 square foot beach cottage. It currently only has one large loft-like bedroom on he second story but it may have been reconfigured at some point in the past. The seller bought it in mid-2015 for $150,000 and has it listed for $129,000.

That didn’t take long – not a whole lot to cover this week. If you’re interested in checking out some of the attractive values out there, let me know – call or text me at 850-227-5197 or shoot me an email to sherri@sherridodsworth.com and let’s get started. Have a terrific week and please stop back soon and, as always, thanks so much for taking time to stop by today.

Reminder – If you would like to read this with the links to the various listings, I can only email them to you now with our new MLS which I’ll be glad to do. Just let me know by sending me a request to sherri@sherridodsworth.com and I’ll set you up to receive my blog post with the links each week.

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Nov 01 2019

Cape San Blas Real Estate Week in Review – Oct. 26-Nov. 1, 2019

Published by under Cape San Blas

Halloween goblins didn’t scare off our buyers this week as we closed four sales, and wrote up four new contracts. Sellers listed seven properties and changed the prices on four others. Our inventory took a nice little dip, closing the week down by ten at 282, with 74 houses, 202 lots, five commercial, and one long-term rental MLS listings in the Cape San Blas, Indian Pass and C-30 Corridor markets. Let’s see what kinds of treats our buyers and sellers found.

The first of our four sales takes us to Cape Breezes, one of the original subdivisions on the Cape, platted in the late 70’s about a mile south of the state park. It is the only neighborhood on the Cape to have thus far been removed from CBRA and therefore eligible for FEMA flood insurance. There are recorded covenants, but no HOA or HOA fees, the best of both worlds! All properties convey with deeded gulf and bay access. The owner bought this 0.6 acre road-front lot in 2002 for $70,000, had it listed for $105,900, and has been trying to sell it since he first listed back in late 2016 for $114,900. It’s a challenging location to sell with that water tower right next door, but he finally did it on Wednesday getting full list price of $105,900. There is currently another roughly half-acre lot listed for sale in this neighborhood further south, with nice homes on either side, listed for $129,000. Seller wants to close by the end of this year.

For our next three sales we’ll exit the Cape and begin by heading east along C-30 to Waters Edge, the first subdivision on your left after turning right off of Cape San Blas Road onto C-30.  This irregularly-shaped, 0.2 acre lot was listed for $59,900. The seller bought it years ago from the developer as one of a number of lots so no sales data on this one. The new owner took title on Friday for $31,400.

Our final two sales are lots on the corner of SR-30 and Country Club road, totaling 4.45 Acres with a combined 463′ of frontage on SR-30. The sellers bought them in mid-2012 for $297,500, had them listed at $349,900 for the pair, or $150,000 each, and that is exactly what they sold for on Wednesday.  Word on the street is the new owner intends to put an RV park in here.

We’ll begin our review of this week’s four new contracts up in Secluded Dunes, the northernmost subdivision on the Cape. Here, buyers were attracted to this 100′ by 667′, 1.5-acre first tier lot listed for $159,900. Because of the wetlands, there are numerous permitting issues required for building. Based on the lot’s dimensions, the red lines in this photo only represent a portion of the property.

About a mile south down the beach from Secluded Dunes is San Blas Shores, perhaps the earliest platted subdivision on the Cape, dating from the early 70’s. To put that in perspective, Cape San Blas Road was put in in 1968. Our second contract is on a 4-bedroom, 3-1/2-bath, 1909 square foot gulf view home listed for $619,000. It is situated on a 50′ by 100′, 0.113-acre X-zone lot. The seller bought it in 2015 for $360,000.

We’re back at Cape Breezes for our third contract which is on this 3-bedroom, 2-bath, 1.204 square foot first-tier bay view home. It is situated on a 150′ by 180′, 0.59-acre lot. The sellers bought it in 2001 and have it listed for $439,900. The MLS notes state it was built in 2005, but it was here when I moved to the Cape in mid-1994 and the then owner had been living in it for a number of years at that time. It has had a number of upgrades since then, so 2005 is more accurately its likely effective age, since it has had a new roof, windows, etc. in the recent past.

Our fourth and final new contract takes us over to Indian Pass where this 51′ wide, 0.78-acre gulf front lot went under contract on Friday with a list price of $284,900. When the seller bought it in early 2015 for $400,000 it had a structure on it which is no longer there.

So that means we’re officially wrapped up for the week then. I’m heading over to Apalachicola this weekend to enjoy the Florida Seafood Festival which as always should be a lot of fun, especially as nice as the weather is right now; cool, crisp, autumn weather, clear and breezy, with an afternoon forecast high on Saturday of about 69. Planning on enjoying some great seafood and good times with old friends. If you’re in the area, hope to see you there. If you’re interested in info on joining us here on the coast as either a full-time or part-time “Caper”, give me a call or text me at 850-227-5197 or shoot an email to sherri@sherridodsworth.com . Looking forward to hearing from you. Have a great week and thanks so much for taking time to stop by this afternoon.

Reminder – If you would like to read this with the links to the various listings, I can only email them to you now with our new MLS which I’ll be glad to do. Just let me know by sending me a request to sherri@sherridodsworth.com and I’ll set you up to receive my blog post with the links each week.

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