October, here along Florida’s Forgotten Coast, brings even more glorious sunsets, magnificent wildlife, seasonal festivals, and elevated spirits. As the temperatures cool and the summer flocks thin, we are allowed to slow down a bit, take in the natural beauty that this Gulf Coast Area provides, and simply relax and unwind “salt air style”!
Port St. Joe and Wewahitchka Real Estate Sales have continued to improve, as there were 27 properties SOLD during the month of October. In the Port St. Joe Real Estate Market, there were 13 Port St. Joe Properties SOLD! The breakdown shows 7 Port St. Joe Homes For Sale, 3 Port St. Joe Commercial Buildings SOLD, 1 Port St. Joe Town Home, 1 Port St. Joe Property (vacant lot), and 1 Port St. Joe Commercial Property! In the Wewahitchka Real Estate Market, there were 13 properties (vacant lots) SOLD, along with 1 Wewahitchka Home For Sale. Of the area sales, 16 transactions were the result of a REO, Bank Owned, Short Sale, or Foreclosure situation and 17 buyers paid CASH!
CASH is a popular form of payment for some looking to take advantage of these Port St. Joe Real Estate deals, but more conventional methods are still appealing for many with these current low rates. Currently the 30 year fixed is @ 4.125% and the 15 year fixed is @ 3.375%!
This Bank Owned Port St. Joe Home just SOLD in October and is a fantastic 4 Bedroom, 3 Bathroom ranch style home located in a quiet neighborhood near the schools and parks of Port St. Joe. The buyer paid CASH and now owns this home for only $105,000 making this an incredible deal indeed for the 2,268 square foot home, which sold for $195,000 in 2004!
Another buyer paid CASH for this Port St. Joe Home and scored this 3 Bedroom, 2 Bathroom home for $170,000, a great deal at nearly $40,000 less than the original list price! This 1600 square foot home is situated on 2 lots and offers many storage options. Only two blocks from the captivating St. Joseph Bay and loaded with updates, the buyer is sure to be more than satisfied with their new Port St. Joe Home.
One of the most impressive Port St. Joe Commercial Properties SOLD during the month of October for $330,000 CASH! This Port St. Joe Income ProducingProperty, bought by the seller as a Port St. Joe Foreclosure, is a multi-tenant property located within The Village at Marina Cove, just across from a popular shopping center, and in perfect view of St. Joe Bay! The new owner can look forward to collecting over $30,000 a year from rental income and that’s just to start! Did I mention that Port St. Joe Marina is just a short stroll away!
Another Port St. Joe Commercial Building recently SOLD as a Bank Owned Port St. Joe Property for $129,400! With nearly 2,000 square feet of office space, this buy was a great deal considering the same property sold earlier this year for over $300,000. This Commercial Building is located in the heart of Port St. Joe and offers many options for the new owner as the layout lends itself to many uses. With a new roof and many upgrades, this Port St. Joe Commercial Property is sure to prove as a sound investment.
The last commercial property SOLD in Port St. Joe was this vacant lot located directly across Highway 98 from the pristine water of St. Joseph Bay. This .22 acre, Port St. Joe Bank Owned Property SOLD for only $35,000 to a CASH buyer! The CASH option must have seemed very appealing to the owners, because they had originally listed the property for $110,000! Yes, CASH makes it even more tempting to take advantage of the deals here in this Gulf Coast Real Estate Market!
In Wewahitchka, one of 2 Wewahitchka Bank Owned Properties PURCHASED in October will be the future location for a beautiful Wewahitchka Home. The 2 acre property SOLD for only $27,500. Once again, the CASH buyer had the advantage in this sale where the original asking price was $40,550! This Wewahitchka Property is conveniently located on Overstreet Road between Wewahitchka and Mexico Beach. Less than ten minutes from both the beach and the rivers, this is truly a fabulous location for an outdoor lover!
Also SOLD in Wewahitchka in October was this large LAKEFRONT lot, A Bank Owned Wewahitchka Property that just SOLD for only $5,178! This was an incredible deal, considering the original list price was $25,000. However, the buyer paid CASH and now owns it for a fraction of the list price. This 1.13 acrea lot is located in the Wetappo Creek community which offers a club house overlooking Wetappo Creek, 2 docks, a beautiful walking trail, and 2 lakes, one of which this property is located on!
If you are looking to find a great deal in this wonderful area, consider this spacious Wewahitchka Home which is still available for only $71,000! This 3 Bedroom, 2 Bathroom home has an incredible amount of potential and is priced to allow the buyer personalization of this home. Located within walking distance of one of the many rivers of our area, this home would be perfect for the fishing and outdoor enthusiast.
There are also still opportunities to invest in Port St. Joe Commercial Property right in the heart of down town on Reid Avenue! One such property is this MASSIVE building located on the busiest retail street in Port St. Joe. With nearly 4,900 square feet, this property has some fire damage, but with a small investment this building could be a bustling income maker. Listed at $125,000, this Port St. Joe Commercial Property has Location, Location, Location!
Feel free to contact g3 Realty Group anytime if you are looking to Buy or Sell Port St. Joe Real Estate, Wewahitchka Real Estate. Apalachicola Real Estate, St. George Island Real Estate, Mexico Beach Real Estate, Windmark Beach Real Estate, Cape San Blas Real Estate, or Indian Pass 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!