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Cape San Blas Real Estate Week in Review - Dec. 14-20, 2013

Published on December 21, 2013 by Sherri Dodsworth under Cape San Blas

For Sale and Sold SignThere was a little let-up in Christmas shopping  along the coast this week as we rang up just one sale and three new contracts, opened four new listings (two of which are already under contract) and lowered the prices on three properties. Our inventory inched up a bit, adding three, closing the week at 275, with 80 homes and 195 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor market.

Cape San Blas Restauarant Under Contract Dec. 2013 with List Price of $100,000

Just one sale to look at today, the old Loggerhead Café (Beachcombers for you old timers) which been on the market since April 2011 when it debuted in the MLS sporting a $300,000 price tag. It had been closed for several years at that point, so it was offered just as a building with restaurant equipment, not as a going concern. It has now sat vacant a long time and is going to need some serious TLC to get her back up and running. The bank dropped the price to $100,000 a couple of weeks ago and that did the trick, grabbing the attention of several buyers, one of whom submitted a winning contract for a final price of $105,650.  The new owner is noodling several ideas for what he plans to do with it.

First Tier Home Near Cape San Blas Under Contract Dec. 2013 with List Price of $324,900

The first of our three new contracts is this neat and trim first tier   beach cottage in Treasure Shores. It’s a 3-bedroom, 2-bath, 1,961 square foot home built in 1985 listed for $324,900, which is just a hundred dollars less than the sellers paid for it in early 2003.

Lagoon Front Lots Under Contract Dec. 2013 with List Prices of $30,000 Each

Our next two contracts are on two contiguous lagoon front lots on C-30 about 2 miles past the Indian Pass Raw Bar.  The sellers own a number of similar lots along this stretch and asked $30,000 apiece for these two.  They’re each roughly half-acre lots measuring about 84′ by 300′. There are no contingencies to be met so I suspect they should close rather quickly.

I’m staying in the area for the holidays, so if you have coastal paradise properties on your shopping list be sure to get in touch with me. Call me on my cell at 850-227-5197, or send me an email to [email protected]. In all the hustle and bustle this week, with last-minute shopping, decorating and wrapping gifts, be sure to take time to take note of the gifts you already have, your family, pets, and friends, and give them the gift of letting them know just how much they mean to you.  Have fun, keep warm, and thanks so much for stopping by today.

 

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