What a wonderful month we had during May! The school year has ended and families are flocking down to enjoy the warm Gulf waters of the Forgotten Coast. With the friendly Southern hospitality, delish fresh seafood, and beautiful sparkling waters, Mexico Beach is THE choice for relaxing and unwinding with family and friends. Come and see what it’s all about!
The Mexico Beach Real Estate Market, St. Joe Beach Real Estate Market, and Windmark Beach Real Estate Market showed lots of activity in May with 28 properties sold! There were 13 Mexico Beach homes sold, 3 Mexico Beach properties (vacant lots) sold, 3 St. Joe Beach homes sold, 5 St. Joe Beach properties (vacant lots) sold, 1 Windmark Beach home sold, and 3 Windmark Beach properties (vacant lots) sold! One of these sales was the result of an REO, Bank Owned situation and 13 buyers paid CASH!
Cash is a great bargaining tool in this real estate market, but for those who wish to use a traditional loan method, the rates are very favorable, as the current 30-year fixed rate is @ 4.25%, and the current 15-year fixed rate is @ 3.5%!
Cash was a factor in the incredible selling price of this adorable 2 Bedroom, 1 Bathroom Mexico Beach home only steps away from the beach. The Gulf View Home was purchased for $200,000, $15,000 less than the asking price!
This Mexico Beach Gulf View Property offers stunning sunset views and was purchased with CASH for only $150,000. This is an amazing price for the .22 acre lot in such a wonderful location, high and dry up on a bluff, making for a perfect homesite for an income rental or Mexico Beach getaway!
A couple of blocks inland, this .36 acre Mexico Beach Bank Owned Property just SOLD in an REO situation. The CASH buyer paid only $18,000 on the property whose asking price was $31,300! The buyer recognized the deal they were getting on the property which sold for $180,000 in 2005!
This amazing home sold just to the east of Mexico Beach in St. Joe Beach! The Gulf View home was purchased with CASH for only $260,000! This was another property that didn’t last long on the market-only 10 days! The same home sold on 2006 for $395,000! This spectacular deal includes the cozy 3 bedroom, 2 bathroom home with private access to pet friendly St. Joe Beach.
Further down the road, in Windmark Beach, this prime property stayed on the market for only 5 days before selling for $388,000! The beautiful, furnished home in the Windmark Community sits on .21 acres and has 4 bedrooms and 3 bathrooms. With hardwood floors, tons of natural lighting, granite countertops, and much more, this was a wonderful price for such a pristine home.
In the same area, this Bay View lot was purchased with CASH after being on the market for only 2 days! The buyer paid $62,500 for the .23 acre property, which was a far cry from the 2004 purchase price of $535,000! An amazing deal on such a choice property.
Looking to Buy or Sell Mexico Beach, FL Homes, Port St. Joe, FL Homes, Windmark Beach, FL Properties, Cape San Blas, FL Real Estate, Indian Pass, FL Real Estate, Apalachicola, FL Real Estate, St. George Island, FL Real Estate, or Wewahitchka, FL Real Estate? It’s easier now than ever to take advantage these fantastic deals on Florida’s Forgotten Coast Real Estate, 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!