Big times and great deals on Forgotten Coast Real Estate are underway as locals and visitors alike begin gearing up for spring time from the shores of Mexico Beach to the rolling waves of St. George Island! Don’t miss the “First Friday” in historic downtown Port St. Joe, as it’s a great place to enjoy fine food and lots of fun with family and friends! This Saturday, March 3rd, St. George Island is playing host to the Regional Chili Cook-off and Auction, which is sanctioned by the International Chili Society and all proceeds benefiting the Island Volunteer Fire Department and First Responder Unit. Also on Saturday, there will be another edition of The Shells and Tales storytelling at the Cape San Blas Fire Station. As always, it will be a good time for all ages, with kids events in the daytime, then cheese, wine and grown-up stories after dark. So you can go from blazing chili to tropical evening events in one day here on Florida’s Forgotten Coast!
A total of 8 homes and 2 vacant lots were sold this past week here in Florida’s Forgotten Coast real estate market: 2 Carrabelle homes, 1 Cape San Blas town home, 1 Indian Pass home, 1 Mexico Beach town home, 1 Port St. Joe home and 1 Port St. Joe property (vacant lot), 1 St. George Island beach home, 1 Wewahitchka home, and 1 East Point property (vacant lot). Of these Forgotten Coast property sales, 5 transactions closed due to a Foreclosure/REO/BankOwned/Distressed/Short Sale situation and 5 buyers paid cash!
5 conventional financing loans were secured to purchase Forgotten Coast real estate from Mexico Beach to Carrabelle this past week! No wonder, as this is the perfect time to save that cash and take advantage of these historically low interest rates with the 30 year fixed at 4% and the 15 year fixed at 3.25%!
A favorite find was this one of a kind bank owned Indian Pass gulf front home located on over 75′ of pristine shoreline along The Gulf of Mexico. This fantastic 3 bedroom/3 and a half bath home features large rooms, gourmet kitchen, elevator, and an awesome view of the beach out the back door. At a purchase price of $649,000, this is definitely an Indian Pass rock bottom buy!
Another fabulous deal was a Cape San Blas Bank Owned beach home which sold for a mere $190,000.00 in the Cape San Blas gulf front community of The Club at Cape San Blas! This one was definitely a great buy, as this same home originally sold for $469,900 in 2005, has access to the gorgeous community pool, and is only steps to the white sands of The Gulf of Mexico!
Mexico Beach is the premier location and this next deal just may be “The Best Buy” on a Mexico beach gulf front home! This stunning bank owned Mexico Beach town home has over 2700 square feet of spacious living area over 3 floors, gorgeous views from every angle, and SOLD for an amazing price of $500,000!
A great deal from Carrabelle this week, is this one bedroom/two bath condo located on the riverfront at Pirates Landing on Timber Island. The original price of this property was $500,000 in 2007, but a smart cash buyer got this gem for only $95,500!
Along with the fabulous real estate deals that buyers are taking advantage of on Mexico Beach Real Estate to Apalachicola Real Estate, the rental season of 2012 is quickly approaching and now is the time to book your Cape San Blas Vacation Rental or Indian Pass Vacation Rental! The sun is shining, the birds are singing, and the water is warming up just right and in time for another unforgettable Spring Break and Summer Time on Florida’s Forgotten Coast! Call, click, or email us here at g3 Realty Group and g3 Rental Group today for the best real estate buys and vacation rentals along Florida’s Gulf Coast!