Cape San Blas Real Estate Market – July 2015!

August 29th, 2015

There’s nothing quite like watching the sun set over an expanse of rolling blue waters. We are treated to that experience every night on the shores of Cape San Blas and Indian Pass. The colors of the sky are utterly breath-taking and the changes in the clouds are mesmerizing. Having our animals be a part of the moment only enhances the joy that can be found in the quiet serenity of the pet-friendly Forgotten Coast. Come discover what you’re missing.

Cape San Blas Sunset

Cape San Blas Sunset

While the evenings have been peaceful, the real estate market has been buzzing with activity! There were 20 properties SOLD in July in the Cape San Blas and Indian Pass areas! There were 7 Cape San Blas homes, 11 Cape San Blas properties (vacant lots), and 2 Indian Pass properties (vacant lots) SOLD! The most exciting part of these sales is that 12 of these purchases were made with CASH!

Cash can be a great bargaining tool in the Real Estate game, but for those looking to finance, the rates are very favorable. Right now, the 30-year fixed loan rate is @ 3.96%, and the current 15-year loan rate is @3.04%!

One sale this month really exemplified the value of knowing the market. The 1.50 acre parcel was purchased earlier this year for $510,000. The owners then sold this property this month to a CASH buyer for $750,000! The Gulf Front property was on the market only one day. That’s a pretty good return on an investment!

Large Cape San Blas Lot

Large Cape San Blas Lot

While every real estate purchase is an investment, most people look for beach homes that will invest in the intangible gains of family moments. This next home is sure to give it’s new owners plentiful returns in their years in it. The gorgeous 3 bedroom, 3 bathroom home is situated in an upscale ocean ocean front community with a community pool and bath house, gorgeous landscaping, and ribbon curbing. The home itself gives 2,072 square feet of beautifully presented living space. Crown moulding and custom trim add understated elegance to this comfortable home. Oak hard wood floors and lots of natural lighting open the space and make you feel at home the instant you walk in the front door. The many extras of this home explain why it was on the market for only 16 days. The real selling point, however was the incredible price of $524,000! This home will surely be a great investment in this family’s future.

3 Bedroom Cape San Blas Home

3 Bedroom Cape San Blas Home

This next home on Cape San Blas will make either a comfortable permanent residence or a charming vacation home. The 3 Bedroom, 2 Bathroom home was purchased for $349,900, nearly $20,000 less than the asking price, after being on the market for only 79 days! It’s no wonder this was a quick sell, with the many amenities this home has to offer. Located close to the beach and the Cape San Blas bike path, this home also features vaulted ceilings, large screened and covered porches, spacious bedrooms, ample laundry space, as well as outdoor storage, a workshop, a fish cleaning station, and an outdoor shower!

Cape San Blas Beach Home

Cape San Blas Beach Home

For those looking for low-maintenance living, this Seacliffs Townhome was a wonderful pick. All three floors are accessible by elevator, making getting around this retreat a breeze. The three balconies of the unit offer gorgeous views of one of the best beaches in America. The 3 bedroom, 3 1/2 bathroom unit comes with access to the community’s olympic sized pool and dedicated beach access. It’s no wonder this property lasted on the market only 12 days! Although the asking price for this unit was $299,000, the CASH buyer now owns this home after paying only $260,000! What a deal!

Seacliff Townhome View of Cape San Blas Beaches

Seacliff Townhome View of Cape San Blas Beaches

This quarter-acre lot has been cleared and is ready for that new dream home! The parcel has beautiful views of the St. Joseph Bay and is situated in the Park Point Community. This community offers a community pool as well as deeded beach access. So much potential for such an amazing price! Although the asking price was $55,000, the CASH buyer purchased this lot for only $40,000! What really makes this deal outstanding is the fact that this same lot sold in 2003 for $179,000!

Bay View Home Site in Cape San Blas

Bay View Home Site in Cape San Blas

This Gulf View Lot was also purchased with CASH. After being on the market a short 153 days, the 0.39 acre lot sold for a mere $33,000! This beautiful property sold for nearly $130,000 in 2003! Located in the Water’s Edge subdivision, this lot comes with access to the community’s tennis courts, pool, and dedicated beach access. This X-Flood Zone property is also very near the Cape San Blas bike path and Salinas Park. So much to do!

Cape San Blas

Cape San Blas

Looking for your own perfect beach bum getaway? Feel free to contact g3 Realty Group anytime for the most up to date information on buying or selling 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!

Cape San Blas, Florida Beach!

Cape San Blas, Florida Beach!