The warm “summer like” rays are rapidly approaching here along Florida’s Gulf Coast and with Spring Time in full force, locals and visitors alike are out enjoying this wonderful weather! It’s no secret that this is the time of year along The Forgotten Coast that the urge to get out of the office, fill up a cooler, load the boat, and take off is stronger than ever!!
Boating on The Forgotten Coast!
Speaking of taking off, property sales in this Forgotten Coast Real Estate Market continue to do just that, as another 21 properties sold this past week from the 3 mile stretch of Mexico Beach to the premier shoreline of “the island”, St. George Island, that is! The Breakdown of the 21 sales: 1 Alligator Point Home, 1 Carrabelle Home, 1 Carrabelle Commercial Building, 1 Eastpoint Bay Front Home, 3 St. George Island Homes, 2 St.George Island Properties (vacant lots), 3 Bank Owned Apalachicola Historic Homes, 2 Cape San Blas Properties (vacant lots), 1 Port St. Joe Property (vacant lot), 3 Port St. Joe Beach Homes, 1 Mexico Beach Home, and 2 Mexico Beach Properties (vacant lots). 11 transactions closed due to a Distressed/REO/Foreclosure/Short Sale/Bank Owned situation and 11 buyers paid CASH!!
Several of our new Gulf Coast Homeowners, secured their purchase of Forgotten Coast Real Estate through conventional financing, as this week we have rates remaining at historically low levels with the 30 year fixed @ 4% and the 15 year fixed @ 3.375%.
With all the activity St. George Island Real Estate is receiving, the hopes are that we are well on our way to digging out of what is now known as the most devastating cycle of Forgotten Coast Real Estate that any of us have ever experienced! Check out the views from one of the most recent purchases of a Bank Owned St. George Island Home. As stunning as those views, the chain of title on this one is equally stunning, as the new buyers just paid $425,100 CASH, but back in the “hay day” the previous owners purchased this stunning St. George Island Beach home located in the heart of St. George Island for an unbelievable $1,174,800!
St. George Island Bank Owned Home
We all know the tremendous coastal views and laid back lifestyle associated with living on “island time” and now is one of the best times ever to take advantage of a great deal on St. George Island Real Estate! There were 2 buyers this past week who purchased gulf view lots located in the premier community of the St. George Island Plantation! The costs to purchase were $94,900 & $121,000 – both are 1 acre lots, and the views at the beach, which will only be a short walk from a future St. George Island Beach Home, well they are Priceless!!
St. George Island Beach!
Just a short drive west from St. George Island, through the historic river town of Apalachicola, is the playful peninsula of Cape San Blas. No wonder this place was named America’s #1 Beach in 2002, as this coastal paradise is nothing short of divine! One of our Forgotten Coast buyers just picked up a great deal on a bank owned Cape San Blas Gulf View lot for $104,000 and this home site is only a few steps to those magnificent sand dunes and rolling waves!
Cape San Blas Waves!
St. Joseph’s Peninsula State Park is only a short drive from any area of Cape San Blas and definitely worth the trip! Whether you enjoy riding those waves, laying out with a good book, or just desire the simple pleasures of a true beach bumming experience – there’s no better place in America than right here on Cape San Blas, Florida!
Cape San Blas, Florida
Looking to find your own private place to throw your worries to the wayside and start living the Salt Air Forgotten Coast Lifestyle!? Call g3 Realty Group today, as we promise to provide the utmost professional service and honest direction to those looking to purchase Florida’s Forgotten Coast Real Estate! From Mexico Beach, over to Cape San Blas, and out to St. George Island, we know the market and always take great pleasure in finding the next “great deal” here under the sun! Call or click today to chat with one of our helpful agents!
www.g3realtygroup.com