Ovation on Cape San Blas, a community spanning from St. Joseph Bay to the Gulf of Mexico offering a coastal landscape, the new interpretations of classic Old-Florida style homes in a place that encourages experiencing the endless choices of the outdoor living: boating on the bay, swimming in the gulf, walking along the beaches, or just enjoying time spent with family and friends in a spectacular natural setting.
Back in 2011 and 2012 the developer’s closed-out brought into the market a large number of lots at unbelievable prices. Now some of those lots have come back for re-sale and others have built attractive coastal homes.
The trend here is for the maintaining of a beautiful community with a steady dose of new homes being built by end users and very few for re-sale. Take a look at the last two years.
- During 2014 we have one sale registered in the MLS a home with unobstructed view of the bay sold for $662k for a price of $290 per sqft. ; a total 2300 sqft m/l.
- Thus far in 2015 we have two sales with two glorious homes on the bay with prices of $575k (5/3.5) and $459 (4/3.5) both with an average of $233 per sqft. ; again a total of 2200 sqft. m/l. .
The market is steady with a healthy appetite for well constructed homes with forecasted rental income and/or the potential to perform as an investment property.
For details on homes like these, please contact us.