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Archive for the ‘bay view’ Category

Ovation Subdivision – Gulf Front Lots now just $225,000!

Beautful Gulf Front Dunes at Ovation

Ovation Subdivision is a fabulous development on the North Cape. It spans the width of the cape and offers loads of amenities including a gulf side club house and pool, a bay side club house with infinity pool and fitness room, two docks on the bay and a tennis court. Of course, all owners have deeded access to one of the most beautiful beaches in the US.

But for the select few, a gulf front lot puts you front and center. The amazing dunes, white sands and crystal clear waters can be your front yard! This post is actually for the ten remaining gulf front lots that are developer owned and have been reduced to a close-out price of $225,000.

Obviously you can tell that I’m excited about this price change, but there are several reasons I feel this is one of the new best buys:

  • Each of the gulf front lots are buildable landward of the CCCL & the Erosion Control line, eliminating the need for DEP permitting
  • Recent gulf front sales easily support or surpass an appraisal at this price
  • The quality of this subdivision and amenities suggest a positive increase in future property values
  • If used as a vacation rental, a home built here would no doubt bring in very attractive income numbers

There are homeowner’s association fees here, but they are $2,298 annually – reasonable considering the amenities. The only drawback for me is the $2,000 transfer fee that is assessed with each sale.

Give me a call for more information on these lots and others in Ovation (many of the interior lots are now just $50,000!)

Gulf Side Club House

Gulf Side Pool

Bay Side Club House

Bay Side Infinity Edge Pool

Bay Side Day Dock (1 of 2)

Bay Side Club View

Fitness Room

Tennis Court

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This is one of my favorite deals right now.

80 Pinnacle Street

Bay View Ovation Home Site

The Ovation development is located on Cape San Blas and spans from St Joe Bay to the Gulf of Mexico. Homeowners enjoy a variety of amenities including dedicated beach access, beach side pool & club house, bay front pool & community building with fitness center, tennis court and boat dock over St Joe Bay. Thoughtfully created architectural designs ensure that this neighborhood will evolve beautifully.

This lot was purchased from the developer for $355,000. It is now being offered as a short sale for $44,900 – quite a discount.

Ovation Beach Side Pool

Ovation Bay Front Clubhouse & Pool

Ovation Tennis Court

Beach Access at Ovation

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