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Cape San Blas Real Estate Week in Review - Jan. 13-19, 2018

Published on January 19, 2018 by Sherri Dodsworth under Cape San Blas

For Sale Sold Sign Like most of the rest of the nation, it’s been a crazy cold week here, with temperatures dipping down into the 20’s one night, but at least the sunshine has returned and the forecast is for warmer days ahead. We’re starting off the new year at a good pace, closing three sales, and writing up six new contracts; sellers added eleven new listings, and changed prices on five others.

Barrier Dunes Interior Townhouse Under Contract Nov. 2017 with List Price of $244,000

We’ll kick off our review of this week’s three sales on the north end of the Cape in Barrier Dunes, starting with this 3-bedroom, 3 1/2-bath, 1,377 square foot unit that backs up against the property line of Seacliffs.  When the sellers bought it in February 2016 for $157,000 it was a true fixer upper in need of a LOT of TLC.  They put in a lot of long hours and hard work and transformed it into an absolutely beautiful and modern Cape retreat.  It’s hard to believe it’s the same place.  They accepted a contract on it this week with an asking price of $244,000.

Money Bayou Gulf View Home Under Contract Dec. 2017 with List Price of $289,00

Our second sale is over off of C-30 in  Money Bayou. In early December, buyers fell in love with this 2-bedroom, 2 1/2-bath, 1,320 square-foot Key West Cutie. It’s a second tier property so there’s a great gulf view.  The sellers bought it in late 2003 for $312,5000, had it listed for $289,000, and handed over the keys on Friday for $280,000.

Gulf View Home in Boardwalk at Cape San Blas Under Conract Jan 2018 with List Price of $545,000

The first of this week’s six new contracts is down on the south side of the Cape on Florida Avenue in Boardwalk.  Sellers accepted an offer on their 4-bedroom, 3 1/2-bath, 2,197 square foot home listed for $545,000.  They bought the 0.18-acre lot in 2003 for $150,000 and built the home in 2006.

Cape San Blas First Tier Home Under Contract Jan. 2018 with List Price of $499,000

A few blocks east of Boardwalk on Crescent Palms, contract number two is on this 3-bedroom, 3-bath, 2,252 square foot first tier home listed for $499,000. The sellers bought the lot in 2001 for $159,900 and built the home in 2004.

Treasure Bay First Tier Lot Under Contract Jan. 2018 with List Price of $59,900

Treasure Bay is the second subdivision you come to on the left side of C-30 as you leave the Cape heading towards town.  Buyers had their offer accepted on this 102′ by 218′, half-acre, first tier lot overlooking St. Joe Bay.  It’s listed for $59,900, a smidgen below its 2002 sale price of $60,500. The current owners paid $37,500 for it in late November for $37,500.

Gulf Front Lot in Treasure Shores Under Contract Jan 2018 with List Price of $419,000

Travelling the opposite direction on C-30 towards Indian Pass, contract number four is on this 75′ by 325′, half-acre gulf front lot in Treasure Shores listed for $419,000.  The sellers bought it in late 2000 for $255,000. FEMA flood insurance is available in this neighborhood.

Indian Summer 2nd Tier Lot Under Contract Jan. 2018 with List Price of $110,000

For our last two contracts we’ll head over to Indian Pass, stopping first in Indian Summer where this 90′ by 340′ lot on Painted Pony Rd. went under contract on Tuesday with a list price of $110,000.  It’s about three quarters of an acre, and last sold in 1999 for $41,500.

Indian Pass Gulf Front ot Under Contract January 2018 with List Price of $129,000

Our sixth and final new contract is all the way out at the point of the Pass in St. Vincent Point where buyers had their offer accepted on this irregularly shaped gulf front lot with 25′ of waterfront listed for $129,000.  In mid-2010 it sold for $250,000 but then ended up belonging to the bank who sold it in early 2014 for $80,000.

That about does it for this week. If you’re an owner thinking of putting your property on the market this spring let’s talk now so we can get everything ready to go. For more info on these or other great opportunities out there, call me at 850-227-5197 or shoot me an email to [email protected]. Thanks for stopping by today and hope to see you back real soon.







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