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Cape San Blas Real Estate Week in Review - Dec. 21-27, 2013

Published on December 28, 2013 by Sherri Dodsworth under Cape San Blas

Santa visited the Forgotten Coast while making his rounds this week and brought three lucky people a place to call their own at the beach. One savvy shopper put a contract on a prime gulf front homesix people listed their properties for sale, but not a single seller opted for a Christmas mark-down.  With all those new listings, our inventory inched up by five, closing at 280, with 79 homes and 201 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor market.

Interior Lot at Cape San Blas Sold Dec. 2013 for $25,000

The first of our three sales is one entered into the MLS for comp purposes since it wasn’t listed but was sold by one of our agent members.  It’s an interior lot up in Park Point that Bank of America donated back in September to  Military Warriors Support Foundation, and they were able to sell it this week for $25,000.

Gulf Glimpse Cape San Blas Home Under Contract October 2013 with List Price of $299,000

Our second sale takes us about 3/4 of a mile down the road to White Sands Drive where this 4-bedroom, 3-bath, 1,176-square foot home with a glimpse of the gulf went under contract in mid-October with a list price of $299,000.  I’ve shown this home a number of times and it’s a comfortable little beach bungalow with a nice yard, easy nearby beach access, located in an easy-going neighborhood with no HOA fees. The sellers have owned it since 1994 when they bought it for $73,500, and now they’ve sold it for $262,500, with seller financing.

Large First Tier Corner Lot in Gulf Pines Under Contract Nov. 2013 with List Price of $147,000

We’ll travel off the Cape and on over to Gulf Pines for our third and final sale which is a large first tier corner lot. The seller has owned it since the 80′s and had it listed for $147,000. It has been on and off the market since late 2006 when it first appeared with a $650,000 price tag, quite a far cry from the county’s assessed value today of $75,000, and according to the MLS it closed on November 25, so not sure why it’s just now showing up as having sold.

Gulf Front Home at Indian Pass Under Contract June 2013 with List Price of $550,000

We’ll head out towards the point of the Indian Pass peninsula not far from the boat launch for this week’s one and only new contract, this handsome 2,436 square foot three-bedroom, three-bath, gulf front home listed for $525,000. The sellers are the original owners, having bought the 100′ wide waterfront lot in 1991 for $55,000. They’ve been trying to sell the home since early 2006 when they listed it for $1,495,000. Today the county has it assessed at $463,613.
With that, we’ll bring 2013 to a close. I wish you and your loved ones good health and happiness in the New Year, and I want to thank all of you I’ve worked with, met with and talked with this past year who have helped to make this year  such a memorable one for me.  Have a safe holiday and thanks so much for taking time during this busy season to stop by. See ya next year!

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