Posts Tagged ‘Florida’s Forgotten Coast’

For Sale: Mexico Beach Condo Short Sale!

Friday, February 17th, 2012

This weekend it’s time to sit back and enjoy great food, live music, and local friendship while partaking in the finest Gumbo on the Forgotten Coast! On Saturday, at Mexico Beach Sunset Park,  14th annual Mexico Beach Gumbo Cook-off will be held and all the cooks, locals and visitors alike, will be working to be crowned “Gumbo King”.    In the midst of the fired up stoves, the sales of Mexico Beach Condos and Townhouses are red hot too.

This past week along the Gulf Coast region, there were a total of 9 Forgotten Coast Property sales, including 5 homes and 4 land purchases.  1 Apalachicola Home, 1 Carrabelle Home, 1 Cape San Blas Home, 1 Mexico Beach Home, and 1 Port St. Joe Home.  There were 2 St. George Island properties (vacant lots), 1 Carrabelle property (vacant lot), and 1 Port St. Joe property (vacant lot).  Of the sales, 5 were accomplished through conventional loans, 4 transactions closed due to a REO/Distressed/Bank Owned/Short Sale/Foreclosure situation, and 4 buyers paid CASH!

Interest Rates remain consistent this week with the 30 year fixed is a bit lower than last week @ 3.75% and the 15 year just a bit lower @ 3.125%..  Crazy, as that 15 year fixed is really close to being a 2+% opportunity!! Just one more reason to take advantage of the incredible deals in this Forgotten Coast Real Estate Market and secure your little piece of paradise here along the gulf coast shoreline….

Mexico Beach Drive!

Mexico Beach Drive!

 The featured sale of the week is this upscale Mexico Beach condominium, at the Waterside Village Complex.  This astute buyer, got a great deal in this short sale condominium with two bedrooms, two baths, and spacious living areas.   The unit has all the amenities of condo living as well, with huge pool, hot tub, lighted boardwalks, day parking for boats, and of course elevators.  This Mexico Beach condo sold for the jaw dropping price of $135,000 cash!

Mexico Beach Condo For Sale!

Mexico Beach Condo For Sale!

The next great deal of the week was in Cape San Blas’s Sandbar Bay subdivision.  This 3 bedroom/ 2 bath home has an open floor plan giving the new owner plenty of space to live.  The new owners picked this gem up for a surprising $273,000 and it’s only minutes to the #1 Beach of 2002 at St. Joseph Penninsula State Park!

Cape San Blas Bay View Home For Sale!

Cape San Blas Bay View Home For Sale!

The featured bank owned property of the week is in Carrabelle.  It is located in the gated community of  Sunset Island and Yacht Club on Timber Island, with all the conveniences afforded by gated community living, with brick paved streets, lush tropical landscaping and high end swimming pools. These new owners paid $14,900 Cash and will no doubt be ready for the 2012 boating season upon the Carrabelle Waterways!

Carrabelle Waterways!

Carrabelle Waterways!

So, if you are looking for that next great deal on a Mexico Beach Condominium, a Cape San Blas Beach Home, or that one of a kind buy on an Apalachicola Historic home - Call g3 Realty Group today.  We are committed to providing the utmost superior service for those looking to buy, sell, and invest in this Forgotten Coast Real Estate Market!!

Familiar with the St. Joe Company’s premier Windmark Beach Community, located along the shores of St. Joe Bay? Check out this incredible buy on one of the upscale executive homes located in Windmark Beach Phase I.  At a rock bottom price of $645,000, this one will not last long!!

Windmark Beach Views!

Windmark Beach Views!