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Cape San Blas Real Estate Week In Review - Mar. 21-27, 2009

Published on March 28, 2009 by Sherri Dodsworth under Cape San Blas, Foreclosures/Short Sales, Forgotten Coast, Indian Pass, Port St. Joe, Real Estate

What a windy, weather filled week we’ve had around here this past week. The wind is still howling this morning and we’re in for lots more rain today, on top of the 3 1/2 inches we had on Thursday and Friday. Too bad as Tyndall Air Force Base had to postpone the Blue Angels Air Show scheduled for today which I was really looking forward to. Looking at the radar I don’t think anyone’s going to be flying in this area today so they’ll probably end up cancelling. The weather apparently put a damper on sales, too, as nobody went to closing this week, but at least we managed to come up with one new contract. BIG jump in our inventory which is not what we want to see; back over 400 with a total of 407 active MLS listings in the Cape San Blas, Indian Pass and C-30 market, with 157 homes and 250 lots. Ouch. In other activity we have 16 new listings, 10 price changes, and 4 expired unsold.

Our contract is on this 2,700 square foot, 3-bedroom, 3-bath gulf front home in Secluded Dunes which was put back on the market just a month ago on February 25 for $799,000. I’m not sure what the deal is here because according to the county tax rolls this home last sold in September 2006 for $1,695,700 and then came back on the market two months later for $1,048,000. It stayed at that price through February when it was listed with a new company at the lower price. Since there are contingencies to be met no note as to when it is scheduled to close.

My pick of the week from our new crop of listings is one I listed on Monday. This is the perfect setting for your quiet country home on Florida’s Forgotten Coast, and at a price that can’t be beat, just $69,000. This 1.08 acre lot measures 200 x 235 and is conveniently located on C-30 across from Indian Pass Lagoon. Bring your houseplans – septic, power, phone line and 500′ artesian well are already in place. There is a mobile home with appliances and some furnishings on site which will remain, so you even have a place to stay while you build. This lawn has been well cared for, and is surrounded by beautiful wooded scenery. You’re just a few minutes drive to town, our gorgeous beaches, and several boat launches.

No problem selecting a pick of the week from this week’s price changes either – my hands down favorite is this bay front home in Cape Breezes which was $599,000 and is now only $499,000. Wow! That’s like buying a bayfront lot and having the home and dock thrown in for free. This is a nice home, perfect for the boater, fisherman, and photographer! This spacious BAYFRONT home is move-in or rental ready. Situated on a large lot with 100 feet of frontage on pristine St. Joseph Bay, this fully furnished home comes complete with everything you are looking for in a vacation get-a-way including, a dock, all furnishings, kayaks, bicycles, & an aluminium skiff to catch “the big one.” Large decks to enjoy beautiful sunsets and seabreeze, fireplace, and two spacious living areas make this home perfect for entertaining. Also comes with deeded gulf access with a walkover to the beach just a short stroll away. It won’t last long at this new price of $499,000. Seller may entertain owner financing with acceptable terms.

That does it for this week’s review. There are a lot of good values out there right now, so call me or email me if you’d like to find out more about any of these or other properties. My toll free number is 877-512-9366, ext. 109. Have a great weekend, and thanks for stopping by today.

1 Comment on 'Cape San Blas Real Estate Week In Review – Mar. 21-27, 2009':

tammy hewett on 03/30/09:

please contact if there is any way to purchase this property with trade or other very interested

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