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Cape San Blas Real Estate Week in Review - June 13-19, 2015

Published on June 20, 2015 by Sherri Dodsworth under Cape San Blas

Our real estate market continues to sparkle as brightly as our beautiful sun-kissed beaches, as we wrapped up another good week with three sales and three new contractsseven new listings and six price changes. Our inventory grew by one closing the week at 269, with 83 homes and 186 lots listed in the Cape San Blas, Indian Pass and C-30 Corridor MLS market,.

Cape San Blas Intreior Townhouse Under Contract May 2015 with List Price of $205,000

The first of our three sales is in Barrier Dunes where this 2-bedroom, 2-baht, 1,152-square foot end-unit went under contract in mid-May with a list price of $205,000. In March of 2011 the sellers paid $125,000 for it in a distressed sale. They’ve furnished it and done an awesome renovation on the interior, and sold it on Tuesday for $230,000.  Nicely done.

Cape San Blas Gulf Front Townhouse Under Contract May 2015 with List Price of $249,900

Out second sale is on another townhouse unit, this one a 2-bedroom, 2-bath, 1,120 gulf front end-unit townhome at Cape Shoals listed for $249,000. The sellers bought it in mid-2009 for $210,000, and sold it on Tuesday for $230,000.

Cape San Blas First Tier Lot Under Contract with LIst Price of $145,000

Sale number three takes us to Barbados Lane in Turtle Dunes to an irregularly shaped first tier lot that went under contact May 5th with a list price of $145,000, a nice little profit over the $76,000 the sellers picked it up for less than six months ago last December.  The new owners paid $135,000 cash for it at closing on Friday.

Gulf View Home in Jubilation at Cape San Blas Under Contract June 2015 with List Price of $529,000

The first of our three new contracts is a charming classic southern beach-home in beautiful Jubilation on the south side of the Cape. Beautifully furnished and being sold turn-key ready, this 3-bedroom, 3-bath, 2,072 square foot gulf view home built in 2011 went under contract on Thursday sporting a $529,000 price tag.  There are impressive views of the gulf from the screened porches, and the gorgeous gulf front community pool is only a short stroll away.  My buyers are going to build a lot of lifetime memories in this lovely home.

Gulf First Tier Lot Near Cape San Blas Under Contract June 2015 with List Price of $130,000

Our second contract takes us off the Cape heading east along C-30 to Gulf Pines where this 100′ by 65′, 0.65-acre first tier lot went under contract on Wednesday with a list price of $130,000. The sellers have had this one a long time, picking it up in 1983 for $30,000. Gulf Pines is a quiet little neighborhood of attractive homes, is FEMA-eligible, and their HOA fees are only $100 per year.

Indian Pass Interior Lot Under Contract June 2015 with List Price of $99,500

We’ll close the week over at Indian Pass where our third contract is on a 75′ by 110′ “X” zone interior lot on Palm Street in Indian Pass Beach Subdivision. The sellers bought it in late 2013 for $75,000, and penned a deal on it with buyers Thursday with an asking price of $99,500.

That does it for this week. We’re moving a lot of value-priced properties, so as we like to say along the beach, “the water’s fine – jump on in”! If you’d like to test the waters for some great deals, call or text me at 850-227-5197 or email me at [email protected] and we’ll get to work. Until then, have a great week, don’t forget that sun screen, and thanks for taking time to stop by today.

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