While we aren’t quite sure if Winter is over or just taking a break to regroup, we certainly are enjoying some beautiful and mild weather along the shores of Cape San Blas and Indian Pass. Bright, clear skies and a gentle breeze make shell hunting a pleasant past time in these quiet, cool months. These breath-taking beaches hold so much to discover and offer such rejuvination in their sandy white dunes. Come and explore the treasures of the Forgotten Coast.
Although the weather has been mild, the real estate sales of the area has been HOT! There were 19 sales made in the month of January through out the Cape San Blas and Indian Pass areas. There were 8 Cape San Blas Homes SOLD, 9 Cape San Blas Vacant Lots SOLD, 1 Indian Pass Home SOLD, and 1 Indian Pass Vacant Lot SOLD during this month. 8 of these purchases were made with CASH, and 3 of the properties sold from either a REO, Bank-owned, Short Sale, or Foreclosure situation.
The current loan rates are very favorable, explaining some of the excitement resonating in the Real Estate Market. The 30-year fixed loan rate is @ 4.00%, and the 15-year fixed loan rate is @ 3.25%!
Amazingly, this incredible Cape San Blas Home was one of this month’s CASH purchases! The 4 Bedroom, 4 1/2 Bathroom Gulf Front home, known as “Little Piece of Heaven”, was sold fully-furnished and tastefully decorated. With over 3,600 square feet, multiple outdoor spaces, tons of natural lighting, and panoramic views of the water, this is truly a dream beach getaway big enough for the whole family. Although the asking price on this home was $1,275,000, the CASH buyer paid only $1,145,000 for the home. This is well below the home’s 2002 selling price of $1,200,000. This home has great rental potential and is only one example of some of the amazing deals available on the Cape San Blas Real Estate Market.
Another CASH purchase was made on this Cape San Blas home, also a Gulf Front property. The 4 Bedroom, 5 Bathroom home sits on just under an acre and features a private, heated pool! This home has everything needed to entertain, from an open floor plan boasting spectacular Gulf Views, multiple wet bars, an elevator that accesses every level of the home, and several outdoor porches for enjoying the unbeatable Cape San Blas sunsets. With just over 3,000 square feet of living space, this home was a steal at it’s CASH selling price of $1,100,000!
This next home was also a real steal for a Gulf View home with an established rental history. The turn-key property was designed with 3 Master Bedrooms, each large enough for a king sized bed, 3 full bathrooms, an additional space that could be used as a home office or sleeping space, and outdoor decks offering amazing beach views. This beautiful home sold for only $485,000, well below it’s 2007 selling price of $550,000. Another amazing Real Estate Deal made on Cape San Blas!
Building is an attractive option for many interested in the Cape San Blas and Indian Pass areas. This next lot is part of the Beach and Bay Club at Ovation. The Gulf Front Home Site is located directly across the street from the community club and pool. The lot itself is fantastic with it’s location and layout, but when you consider the ammenities that are a part of this community, this home site really starts to shine. The Beach and Bay Club at Ovation offers indoor and outdoor community spaces, observation towers, tennis courts, a fitness center, multiple beach boardwalks, fishing docks and piers, a beach-side park, and community pools with fire pits! This incredible atmosphere will now be enjoyed by the lot’s new owners after a very reasonable purchase price of $325,000. This is $50,000 below the listing price of this Gulf Front home site. What a deal!
Another Gulf Front Home Site also sold in January. This lot is just over a quarter of an acre, and features a wide beach and mature dune structures. The lot was purchased with CASH for $235,000. This was a great deal less than the properties 2004 selling price of $550,000. This is the time to buy!
This next home site sits on a quarter of an acre and is truly the buy of the month. The property, which was in a REO situation after selling in 2011 for $215,000, sold for only $78,000! The vacant lot is located in one of the nicest subdivisions on Cape San Blas and is a Gulf View lot. The X Flood Zone lot is only steps from the community boardwalk to the beach and the community pool! Another incredible deal made along the Forogtten Coast!
Looking to Buy or Sell Mexico Beach, FL Real Estate, St. Joe Beach Properties, Windmark Beach Homes, 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!