What you get for the money – $225,000

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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What you get for the money – $79,000

Gulf View – X-Flood Zone – Cape San Blas

106 Summer House Lane - San Dune Subdivision

San Dune Subdivision is one of my favorite small subdivisions on Cape San Blas. It has a cool layout, nice pool area and an amazing beach! This particular lot (Lot 14) will have a good gulf view and is convenient to the community pool. There are several really beautiful homes already built in this development and the active homeowner’s association ensures that all commons areas are well-maintained.

This lot isn’t new to the market and the price change is even a little dated (January), but since so much of our inventory has been purchased in the last couple of months – it has become one of my favorite picks. As a bonus, this lot is located in the X-Flood zone, which always brings it to the top of my list!

This lot is being offered at $79,000, but I would remind you that everything is negotiable (hint, hint!)

San Dune Community Pool & Pool House

San Dune Sunset from Beach Access

Aerial View of San Dune Development

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What you get for the money – $95,000

Bank Owned – X Flood Zone – Awesome Deal!

137 McCosh Mill Rd - Jubilation Subdivision

This first tier lot in Piney Woods Beach subdivision is one of the best deals on the market right now! It  has amazing views of the Gulf of Mexico and has deeded access to one of the widest beaches around. This area of Cape San Blas is known for its private feeling beach and natural setting.

Piney Woods Beach is a well-maintained subdivision with a paved street, cul-de-sac design, tasteful landscaping and a wonderful community-access pool with bathhouse. You’ll also enjoy the wooden boardwalk leading you to the beach.

This is an elevated lot and has an X-flood zone designation, meaning no flood insurance will be required when you decide to build your dream beach house!

This lot is being offered for sale by the bank for $95,000 and was originally purchased for $400,000 in 2005.

Call for more information on this lot – you may reference MLS# 241626

McCosh Mill View

McCosh Mill Pool

McCosh Mill Aerial

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What you get for the money – $39,900

Jubilation Interior Home Site – Cape San Blas

153 Cordgrass Way - Jubilation on Cape San Blas

Can it get any better than this? This home site is located in beautiful Jubilation subdivision in the south portion of Cape San Blas. Here you’ll enjoy a gulf front pool with a club house that is great for entertaining, wide beaches and a friendly neighborhood. Houses in this subdivision are governed by architectural requirements that ensure continuity and a unique personality. The style is generally an updated version of the “Old Florida” vernacular accented with punchy and interesting color combinations.

This lot is offered as a short sale for $39,900 and was originally purchased for $335,000. The most recent sale in Jubilation was a bank-owned interior lot that closed on 08/09/2010 for $50,000.

Jubilation Site Plan

Jubilation Club House

Jubilation Beach Front Pool

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What you get for the money – $109,000

St George Island Plantation – Interior

1416 Bayberry Lane

Okay, back to St George Island! This is a bank-owned lot in the heart of the Plantation. While you probably won’t enjoy views, you’ll definitely enjoy all that St George Island and the Plantation has to offer. From the privacy afforded by its location & secured gate to its recreational amenities, owners love living here. There’s a beach club with pool, miles of walking paths, a tennis court, a private airstrip, boat launch, and miles of pristine beaches.

This lot just hit the hot sheet this morning! The owners paid $440,000 in 2005. The most recent sale for an interior lot in the Plantation was in May for $80,000 (also a REO).

Front view of lot

SGI Plantation Beach Club

SGI Plantation Tennis Court

Plantation Walking Paths

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What you get for the money – $179,000

Gulf Front Lot – St Vincent Point Subdivision

Lot 7 St Vincent Point - Indian Pass

This is absolutely the lowest price you’ll find on a gulf front lot. Located in St Vincent Point subdivision, this lot is near the tip of Indian Pass and overlooks St Vincent Wildlife Preserve. The Indian Pass boat launch is nearby, meaning you’re fishing in the gulf in just minutes.

This is a flag-shaped lot, meaning that the wider portion of the lot where a home would be sited, is nearer the road. But you will own all the way to the beach and there’s something to be said for having natural dunes and vegetation as a buffer between you and the brunt of the elements.

This is a bank-owned lot, so the contract and closing process should be fairly short. Lots in this subdivision have sold as high as $800,000, but the most recent lot sold (also bank-owned) was for $250,000 in June of this year.

Indian Pass Beach

View of St Vincent Wildlife Preserve

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What you get for the money – $699,000

St George Island Plantation – Schooner Landing Gulf Front

2336 Schooner Lane, St George Island Plantation

I know this is quite a price jump from my previous posts, but a good deal is a good deal. Schooner Landing is an exclusive section of St George Island’s gated Plantation subdivision, which encompasses the West end of the island. In Schooner Landing, owners enjoy privacy, tranquility, boat launch and incomparable views – all overlooking Bob Sikes Cut and Little St George. Homes here are impressive and the location is perfect for boaters. From here, you launch your boat into famous Apalachicola Bay and, just a couple of minutes motoring and you’re in the gulf.

Though this lot was purchased about 16 years ago for under $250,000, lots in this area have sold for well over $2 million.

Apalachicola Bay

Schooner Landing East View

Schooner Landing North View

View of Bob Sike's Cut

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What you get for the money – $59,900

WindMark Beach Phase I home site for under $60K!

217 Signal Way, WindMark Beach, Florida

For anyone who is a fan of WindMark Beach, this lot has to get your attention. Lot 90 is nestled beside the conservation area and, at ground level doesn’t have a water view. However, you likely will when you build. At this end of the development, you’ll enjoy a bit more privacy and the beach club is close. One bonus of phase I of WindMark is no build-time requirement, so you can buy now at this bargain price and build when you’re ready!

This lot is being offered as a short sale. The owners purchased this property in 2005 for $650,000.

The Beach at WindMark

Clubhouse & Pool at WindMark

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What you get for the money – $44,900

This is one of my favorite deals right now.

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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