Fall is one of our favorite times of year along the Forgotten Coast. The cooler weather and breezy shoreline make for the perfect sandy setting for a bonfire on the beach! Cape San Blas creates an unbelievable backdrop for watching the sun set over the water as the coals of a fire warm your heart. Surround yourself with the ones you love this fall, and experience the coastal cool of Cape San Blas.
The Real Estate Market on Cape San Blas has been as warm as you would be by the fire! With 19 sales in the month of October alone, Cape San Blas is keeping the energy of the summer going strong through the fall! There were 9 Cape San Blas Homes and 10 Cape San Blas Vacant Lots Sold! Two of these properties were in an REO, Short Sale, Foreclosure, or Bank Owned situation, and 6 of the sales were made with CASH!
Cash is always exciting in the Real Estate Market. However, the current rates are also causing a positive stir for those looking to finance their Forgotten Coast purchases. The current 30-year fixed rate is @ 3.83%, and the 15-year fixed rate is @ 2.90%! These are wonderful times to invest in some water front property!
This incredible Gulf Front Cape San Blas home is sure to bring great returns as a vacation rental income property, while also allowing the owner to enjoy the pleasures of Beach Front getaways. The asking price on this impressive 5 Bedroom, 4 Bathroom home was $1,150,000. However, after being listed on the Market for 70 days, this home sold for $1,050,000! This is an amazing price on a home that brought in $90,000 in Gross Rental Income in it’s first year on the rental market! With nearly 3,000 square feet of living space, 2 community pools, tennis courts, a community work out space, and a boat dock, this property has so much to offer it’s new owner. There are many deals like this on Cape San Blas. Don’t miss your opportunity to be a part of them!
Another amazing deal was made on this Gulf Front home. This beach home is slightly smaller than the home above, but sits on nearly a full acre of beach front property. The 4 Bedroom, 2 1/2 Bathroom vacation home was listed for just under $800,000. Amazingly, this beautiful home sold for only $545,000! This is really an astonishing price, considering this same home sold for $1,150,000 in 2004! Another great deal along the Forgotten Coast!
This next Gulf Front home was purchased with CASH! This adorable 3 Bedroom, 1 1/2 Bathroom offers remarkable views and 75′ of Gulf Frontage! This was a bank owned property, and so the CASH buyer had a good deal of power in the negotiations. Paying only $273,000, the new owner got a fantastic deal on a home which sold in 2004 for $1,025,000! The home has it’s own boardwalk to the beach, a large screened in porch on the back of the home as well as a large open deck off of the screened in porch. Plenty of space to entertain and relax near the sugar white sands of Cape San Blas!
Although this next home is not technically water front, the land between this home and the water is owned by the state, so the home will always have spectacular views of the water. This 3 Bedroom, 2 Bathroom home was purchased with CASH after being on the market only 144 days! The home, which was a bank owned property, sits on a half an acre and sold for an awesome $142,405, a far cry from it’s 2005 selling price of $440,000! This is truly a buyer’s market!
Maybe you’re looking to build the home of your dreams and are looking for the perfect home site? We’ve had some incredible deals discovered in the month of October. For example, this LARGE parcel was just purchased after being on the market only 142 days. The Gulf Front Home Site covers 0.70 acres. Although the listing price was $449,000, the CASH buyer paid only $430,000 for this awesome property! Amazing!
This gem was purchased with CASH for only $105,000! The 1st Tier Gulf View Vacant Lot sits on a quarter of an acre, plenty of space to build the beach house of dreams! The best part of the sale is realized when you consider the fact that this same property sold for $185,000 in 2002! This lot has a great high elevation, is FEMA eligible, and has the use of unspoiled deeded beach access. Wow!
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!