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Saturday, August 22, 2009

Mexico Beach Florida Real Estate

Our weather has been AWESOME the last couple of days! In the mid 60's in the mornings---whopee!!! Warming up nicely but really with no humidity! I'm really looking forward to fall!!

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The MBARA kingfish tournament is this Saturday!!! I'm looking forward to seeing everybody! It is ALWAYS a good time.

The Captain's meeting will be at the El Governor----door prizes for those boats entering, free grilled sausage as well!!

I'll see all of you at the weigh-in on Saturday at Marquardt's. I'm part of the weigh in team!!!

This year, we are not going to be able to have a fish fry Saturday night. The new owner's at Toucan's didn't want to sponsor that this year and we didn't find out in enough time to arrange a Plan B!!!

Next year, however, we ARE going to have a fish fry. Sundance Realty is going to coordinate it. We are thinking about doing it at the Beacon Hill Park. We need lots of volunteers and are open to ideas. So if you can volunteer or have an idea as to where it could be or how it should be organized, please give me a call/email!!


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Don't you love Mexico Beach's sidewalks???? The sidewalks and approving golf carts are the 2 best things that Mexico Beach has done in years!!!

15th Street is scheduled to get sidewalks as well. They will be 8 feet wide so you can ride your golf cart on it. This will really help homeowners on 15th Street as its really the only road in Mexico Beach that is not real walker-friendly to the beach!!
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On the Real estate front:

In Mexico Beach to St. Joe Beach 5 homes and 2 lots have been put under contract.

>3bed/2bath older townhouse off the beach listed at$79,900
>4 bed/3 bath older duplex in the first block to the beach listed at $299,000. Short sale.
>3bed/2 bath home in quiet subdivision, easy walk to the beach, almost 2,000 sq ft, listed at $299,500. Short Sale.
>4 bed/3 bath home across from dedicated beach, so unobstructed view, listed at $550,000.
>Two 75 X 150 ft lots in the 2nd blk to the beach in St.Joe Beach, listed at $65,000 each.
http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G356299253

As for closings this past week:
>75 X 100 ft beach side lot sold for $150,000
A small, older mobile home a couple blocks from the beach sold for $76,000.
>A beautiful, newer home, 1st. Tier, in Windmark Beach, bank owned, almost 3400 sq ft sold for $550,000.
http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G356299256

This brings properties under contract in Mexico Beach to St. Joe beach up to 23.


However, 13 of them are short sales! Short sales are taking, on average, up to 5 months to get the seller's lender's approval.

This is a frustrating experience for all involved, requiring a lot of patience and persistence!
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Out on Cape San Blas 7 homes and 1 lot have been put under contract this past week.

>5bed/3 bth Barrier dunes townhome, about 2600 sq feet. Short sale, listed at $315,000
>3 bed/3 bath beautiful newer home, short walk to the beach out towards Indian pass, listed at $359,900. Bank owned.

>3bed3bath newer home with about 1700 sq feet. Gulf view. Short sale listed at $495,000.
>4bed/4.5 bath, over 3800 sq feet, gorgeous, gulf view home in a nice subdivision with pool. Short Sale listed at $499,900
>4 bed/3.5 bath Gulf front house on the cape (not far from stump hole). Bank owned and listed at $455,625.
>3 bed/2bath Bay view home listed at $199,000
>Gulf Front lot with 65 feet on the water, listed at $329,000
http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G356299254

There are now 34 properties under contract out on the Cape. 26 of those properties are either short sales or bank owned.
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Don't you think $100/sq ft is a great price for a house? There are a couple of homes that you might be able to get for just a little over $100/sq ft----yes, that's with the lot!!!!!!! You might be able to build a new house for that (no high end finishes) but that doesn't include the land!!!!!

Now, you won't be able to get water view at $100/sq ft. but....close enough to walk or take the golf cart to the beach!!

If you are interested in these good deals----send me a quick email!!!!
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Well, I hope to see you at the tournament!

Have a great week and don't forget..........

"Everything can change in the blink of an eye. But don't worry; God never blinks!"

Don't hestitate to call or email me anytime!

Mary
850-896-5222
http://www.maryblackburn.com/
Sundance Realty

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