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Cape San Blas Real Estate Week in Review, November 18 - November 24, 2023

Published on November 24, 2023 by Chris Petrie under Cape San Blas, Forgotten Coast, Indian Pass, Real Estate, Week In Review

For Sale and Sold Sign

Happy Thanksgiving week to all buyers, sellers and readers.  Here’s hoping that everyone enjoyed a relaxing holiday with family and friends.  It was a slower week as expected with the big bird day, there was only 1 recorded sale and 1 new contract to go along with a few new listings and price adjustments within the past week through our local MLS.  Below is a quick summary of all mentioned, beginning with the 1 recorded sale from our comparative market of Cape San Blas, Indian Pass, and the CR/SR 30-A corridor:

  • 250 Florida Avenue – south Cape residence built in 1995 in the Boardwalk HOA/Surfside Estates neighborhood with 4 bedrooms, 3 bathrooms, & 2,054 sq ft living space;  house is second tier to the beach with Gulf views, fully furnished, and HOA features community pool and boardwalk to the beach;  property was on the market for 6 days asking $739,000 before going under contract and selling for $719,500 cash;  sellers purchased the home in 2020 for $485,000


Our 1 new contract of the week was on an Indian Pass fixer-upper, while one of the recent vacant lot contracts from last weeks update was cancelled, putting this CR 30-A parcel back on the active market.  In the spirit of Black Friday, 5 sellers discounted list prices in our comparative market while another seller raised the asking price of a new construction home which was just finished, furnished and supplied.  2 more listings expired, taking both of these vacant lots off the active market.


We are thankful for 3 new offerings added to our inventory this week, all 3 were residential listings.  The total count for our residential inventory in our comparative market now sits at 83 properties for sale, up 2 from last week.  Our vacant land inventory is down 4 to 95 lots for sale on all of Cape San Blas, Indian Pass, and the CR/SR 30-A corridor.  That’s all for this week, I’m very thankful that my family and I reside in a place as special as Gulf County, FL.  Please let me know if I can ever help with any of your real estate needs, (850)899-8765 or [email protected].

“Thank goodness for these uncrowded, unspoiled beaches.  Another year survived!”

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