Spring of 2015 is definitely here along the beautiful pet friendly beaches of Cape San Blas and Indian Pass, Florida! Clear skies, cool breezes, sugar white sand, and of course, that emerald green water! Such a wonderful time to live, work, and play on Florida’s Forgotten Coast!
The Cape San Blas Real Estate Market and Indian Pass Real Estate Market saw a lot of activity during the month of February with 17 property sales! There were 4 Cape San Blas Homes, 8 Cape San Blas Properties (Vacant Lots), 1 Indian Pass Home, and 4 Indian Pass Properties (Vacant Lots) Sold! Of these sales, there were 9 CASH buyers and 2 transactions were closed due to a Bank Owned, Short sale, Foreclosure, or REO situation.
It’s a wonderful time to get in on the Cape San Blas Real Estate action, with the current interest rates at historically low levels, as the current 30 year fixed rate is @ 3.99% and the current 15 year is @ 3.375%!
A CASH purchase was made for this large Gulf Front Lot in the Jubilation Community. At 1.14 acres, this lot offers plenty of room for the dream beach house. Only a short walk to the community pool or the pristine beaches of Cape San Blas, this was a steal for only $450,000! The purchase is even more impressive when it is noted that the same property sold for $1,250,000 in 2005!
A quick drive down the road leads you to the Gulf Pines Subdivision and this fantastic 3 Bedroom, 3 Bathroom home which recently sold for only $560,000! The Gulf Front home has a wonderful rental history, producing nearly $55,000 in rental income in 2014! The income property has low association fees of only $200 annually, making it a sound investment. With beautiful hardwood floors throughout the home, Gulf Views from the living room, all three bedrooms, and screened porches, this property offers beach living at its finest.
With many new appliances and upgrades, this Cape San Blas Beach Home feels almost brand new! The 3 Bedroom 3 Bathroom getaway is very near the water and offers spectacular views. The views are almost as spectacular as the price, only $365,000! This is $45,000 less than what this property sold for in 2009!
This lot sold for $40,000 less than the asking price! For only $245,000, the new owner purchased this awesome 1.30 acre lot! The Gulf Front property is large enough to divide, or can have an incredible Cape San Blas custom home built on it.
Another impressive deal was made on this Indian Pass Gulf Front Property that just SOLD for $160,000! This was quite a buy, considering the .35 acre lot sold for $825,000 in 2005! The CASH buyer saw the value of the beautiful property with its lush vegetation, great dune structure, and endless fun in the sun!
Please feel free to contact g3 Realty Group anytime if you are looking to Buy or Sell Indian Pass Real Estate, Cape San Blas Real Estate, Apalachicola Real Estate, St. George Island Real Estate, Mexico Beach Real Estate, Port St. Joe Real Estate, Windmark Beach Real Estate, or Wewahitchka Real Estate. It’s easy, just call, click, or email g3 Realty Group and 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!