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Cape San Blas Real Estate Week in Review - Nov. 1-7, 2014

Published on November 7, 2014 by Sherri Dodsworth under Cape San Blas

For Sale and SoldBoth the weather and our market cooled off a bit this week as we closed just two sales and added only two new contracts.  Sellers added five new listings, and changed prices on six others. Our inventory swelled by seven, closing at 264, with 84 houses and 180 lots listed for sale in the Cape San Blas, Indian Pass and C-30 Corridor market.  Let’s see which properties moved.

Cape San Blas Gulf Front Duplex Under Contract August 2014 with List Price of $299,900

The first of our two sales is a classic little beach cottage under contract since early August with a list price of $299,900. This 1,300 square-foot, 2-bedroom, 2-bath, attached home was built in 1992, and shares a stairway entrance with its sister unit next door. The sellers bought it in January 2004 for $320,000, and sold it on Monday for $299,000.

Cape San Blas Gulf Front Lot Under Contract October 2014 with List Price of $275,000

Our other sale was in Turtle Dunes, a little beach front community just north of Scallop Cove.  This is a 60′ wide gulf front lot under contract since the first week of October with a list price of $275,000, and appears to be a bank-owned property though it isn’t identified as such in the MLS. According to county records, the seller acquired it from the developer through foreclosure.  On Monday it went for $299,000.

Bank-Owned Cape San Blas Bay Front 9.5 Acre Plot Under Contract September 2014 with List Price of $998,000

Just two new contracts to look at, the first of which we saw here previously in early September when it had a contract that subsequently failed.  It’s an absolute gem of a property, a 9 1/2-acre bay front parcel with 830′ of waterfront. Overlooking the bay is this impressive 8-bedroom, 6 1/2-bath, 5,144 square foot fixer-upper of a home.   This bank-owned stunner is under contract once again with a list price of $998,000.

Bank-Owned Cape San Blas Interior Lot Under Contract November 2014 with LIst Price of $49,900

We’ll head down to the south side of the Cape for our second sale, an interior lot on Mercury Lane in Surfside Estates near The Sand Box BBQ & Grill. This 124′ by 110′, third of an acre bank-owned lot is listed for $49,900.

That sure didn’t take long.  Looks as if things are quieting down early for the start of the holiday season.  If you’re interested in finding out more on either buying or selling, I’d love to hear from you. Call or text me at 850-227-5197 or write me at [email protected] .  Have a great week and thanks so much for taking time to stop by today.

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