Cape San Real Estate Sales are HIGH, Values are steadily on the rise, and New Construction is booming here along Florida’s Forgotten Coast! It’s no wonder, with our Pet-Friendly, White Sand Beaches, Crystal Clear Waters with World Class Fishing, and Amazing and Inviting Weather!
The month of April saw some amazing deals with 18 properties sold between the Cape San Blas Real Estate Market and the Indian Pass Real Estate Market. There were 7 Cape San Blas Homes Sold, 9 Cape San Blas Vacant Lots Sold, and 2 Indian Pass Vacant Lots Sold! 3 of these properties sold out of a Bank Owned, REO, Short Sale, or Foreclosure situation. 8 of these properties sold were purchased with CASH!
Cash makes for quick closings and bidding power in the real estate market, but financing is a great option to consider when looking for a real estate investment. The current 30-year fixed loan rate is @ 3.59%, and the 15-year fixed loan rate is @2.73%!
The first home I’d like to discuss is this impressive Gulf Front home in the exclusive Clifton Place community. The 5 Bedroom, 4 1/2 Bathroom home has just under 4,100 square feet, incredible panoramic views, and luxury amenities throughout. The community offers both adult and children’s pools. The home was on the market a short 53 days before a CASH buyer purchased it for only $800,000! This was nearly $200,000 less than the asking price, and a far cry from the $1,250,000 selling price of 2004. Marble and Hardwood floors, Full Furnishings, a Billards room, a Theater room, Private entrance with Elevator, and Lucrative Rental Income made this home an absolute steal.
An incredible opportunity presented itself in April with this Cape San Blas Gulf Front Home. The Bank Owned property needed some work and was listed for the LOW price of $499,900. After a bidding war with some savy investors, the home sold for the awesome price of $601,000 after 13 on the market. The home has great bones and a to-die-for location. With some light cosmetic upgrades, this home will be the envy of anyone who loves beachside living. What a deal!
Another incredible deal was made on this large Gulf Front Home Site. In the beautiful dunes of the Sunset Pointe community, the 0.48 acre lot is privy to a gated entrance and a community pool. The lot was on the market only 6 days before a CASH buyer purchased it for only $450,000! This is a remarkable deal, considering this same parcel sold in 2005 for $1,400,000!
This next home sold while in an REO situation. The Gulf View home boasts an inground pool, a hot tub, a tiki bar, 4 Bedrooms, 2 1/2 Bathrooms, an elevator, deeded beach access, and much more. The home sold in April for only $384,900! This is a great price for all this home has to offer.
Over on Indian Pass, there were two LARGE lots sold in April. First, this 0.74 acre parcel sold for the astonishing price of $195,000. The Gulf Front property is extra deep, so a second guest or rental home could be erected in addition to a main home. There are many possibilities with this property, especially with such a great selling price!
Also on Indian Pass, this large home site sold after being listed only 23 days! The 5.60 acre parcel sits on the Lagoon Front and is the perfect location for anyone who wants to enjoy the great water activities this area has to offer. The CASH buyer purchased this large lot for an astonishing $50,000!
Please feel free to contact g3 Realty Group anytime if you are looking to Buy or Sell Indian Pass Real Estate, Cape San Blas Real Estate, Apalachicola 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!