This new year has already brought blessings and good luck to our little corner of the world. New friends, new opportunities, and new goals keep us excited about the future and remind us to cherish the past. As we continue to enjoy the cool winter weather along the Forgotten Coast, we reflect on the lessons learned in the previous year. We use these experiences as guidelines for the upcoming year, and we look forward with excitement at the adventures this great new year will bring!
This new year has brought a lot of activity in the real estate market as well! The Mexico Beach Real Estate Market, St. Joe Beach Real Estate Market, and the Windmark Beach Real Estate Market shared a total of 19 sales in the month of January! There were 4 Mexico Beach Homes SOLD, 4 Mexico Beach Vacant Lots (Home Sites) SOLD, 6 St. Joe Beach Homes SOLD, 3 St. Joe Beach Vacant Lots SOLD, and 2 Windmark Beach Vacant Lots SOLD! There was a property which sold as a Short Sale and another which sold in an REO situation. 11 of the 19 purchases were made with CASH!
Oh, yes. Cash is a great tool for negotiating in the Real Estate world. But for those great deals that need financing, borrowers can rejoice at the alluring rates being offered now. The current 30-year fixed loan rate is @ 4.00%, and the current 15-year fixed loan rate is @ 3.25%!
One of the most exciting sales of the month was made on this fantastic Gulf Front lot in Mexico Beach. These Gulf Front lots are becoming more and more rarely available. This quarter-acre lot was listed at $349,000. The CASH buyer got a GREAT deal with the $325,000 selling price. This is emphasized by the fact that this same vacant lot sold in 2002 for $475,000! Stunning views, white sand beaches, and all the room needed to build that dream beach home! We can’t wait to see what is in store for this prime location.
For those who desire low-maintenance Condo Living, there are great deals to be had along the Forgotten Coast, like this 3 Bedroom 3 Bathroom unit which recently sold. This large, Gulf View unit was listed for just under $350,000. After being on the market only 59 days, the property was purchased with CASH for an astonishing $310,000! This same unit sold in 2007 for $435,000, so this was an incredible deal. Located in the fabulous Summer House complex, this condo is located right across the Highway from the water, is centrally located in Mexico Beach to be convenient to dining, shopping, entertainment, and groceries. Summer House at Mexico Beach also offers a large community pool with gulf views. Another fantastic find in Mexico Beach!
Townhomes are also a popular option for those looking to have a home on the beach. Look at the deal made on this townhome! The 2 Bedroom, 2 Bathroom Gulf Front home was listed for $335,000 for only 3 days before going to a CASH buyer for only $310,000! This same home sold in 2004 for $450,000! This home was sold fully furnished, with a great floor plan, and with an excellent rental history! Include the fact that this home has no HOA fees, and this is quite a deal!
If you have your eye out for something more long-term for the family, we have deals like that as well! Take this home for example. The 3 Bedroom, 2 Bathroom home is just under 2,000 square feet and sits on 0.65 acres. This home is in a wonderful family-friendly neighborhood with low HOA fees. The community has a private beach access, a community pool, and tennis courts to enjoy! The home itself sits at the end of a cul-de-sac street and has many charming features. A private pond sits at the back edge of the property. The attached 2 car garage has tons of storage above in it’s attic. The open floor plan, natural lighting, and brick fireplace invite you in and make you feel right at home. It’s no wonder this home stayed on the market only 2 weeks before being purchased for it’s very reasonable asking price of $259,900. What a home!
If you’re looking for the perfect Family Beach Home, we have those too! Consider this adorable 3 Bedroom, 2 Bathroom beach bungalow only steps from the beach! With no HOA fees, great rental potential, and a fabulous location near the Public Pier, this home was a steal for the CASH purchase price of $240,000, nearly $15,000 less than the asking price!
It’s hard not to daydream at the possibilities available for the perfect beach home that could be built on a lot like this one which sold in January. The Bay View Home Site was on the market ONE DAY before being purchased with CASH for $220,000! The 0.27 acre lot is located in Phase II of the pristine Windmark Beach Community. The home site is steps from the Beach Boardwalk as well as the walking and biking paths that line the coast in this gorgeous beach-side community. There are also private community pools that make this a wonderful area to be a part of. Imagine the views from the balcony of the future dream home…
As you can see, there is a deal for everyone, no matter what you’re looking for, along the Forgotten Coast. Looking to Buy or Sell Cape San Blas Real Estate, Indian Pass Real Estate, Mexico Beach Real Estate, Port St. Joe Real Estate, Windmark Beach Real Estate, Apalachicola Real Estate, St. George Island Real Estate, or Wewahitchka Real Estate? It’s easier now than ever to take advantage these rock bottom Forgotten Coast Real Estate prices, so just call, click, or email g3 Realty Group today to experience the most Positive, Progressive, Professional Service, and Honest Direction for all your real estate needs! One of our top selling Forgotten Coast Real Estate Agents will be pleased to hear from you! Our Southern Hospitality is tried, true, and next to none!