Cape San Blas - Indian Pass Real Estate Blog

April 22 2010 - Just sold in Auction

eli@floridabeachdream.com (Eli Duarte, Realtor) — Thu, 22 Apr 2010 15:51:00 +0000

Want to rent this beauty?

This house just sold in Auction. I was the lucky agent that sent the buyer to this auction.
120' on the Gulf 3 bed- 2bath.

Sold in Auction plus buyers 10% fee at $450.500
House will go into the rental market very soon. So let me know if you want to rent it. I will send you to the new happy owner.

Just Sold 182 Flaming Dr.Cape San Blas, Fl 32456

Are you in the market for a water front house at the Cape? I can help you.

April 10 2010 Foreclosures and Hot deals

eli@floridabeachdream.com (Eli Duarte, Realtor) — Sat, 10 Apr 2010 09:38:00 +0000

Welcome back to my Cape San Blas to Indian Pass Blog.
This Blog is dedicate to the Cape San Blas, C-30A and Indian Pass Real Estate market and events.
For Port St Joe go to www.Gulf-county.com/blog

My blog will feature today TWO FORECLOSURES please call for details 850 227 5152 cell

109 Plover Drive Foreclosure only $219K - Call me for details on this one - not list in our MLS

Type Detached Single Family
Address 109 PLOVER DR
Bedrooms 3 Total Baths 3
Full Baths 2 Half Baths 1
Year Built 2005 Sq Feet 1,620
Acreage 0.37
Subdivision San Blas Plantation

Three bedroom two bathroom beach house offered as is. ._______________________________________

Type Detached Single Family
Address 7475 C30-A
Bedrooms 2 Total Baths 2
Full Baths 2 Half Baths 0
Year Built 1980 Sq Feet 2,113
Acreage 0.15 Lot Size 80X80

Design Beach House
Subdivision Money Bayou
Remarks

This Handy Man Special is centrally located between Cape San Blas and Indian Pass and just a couple blocks to the beautiful white sandy beach, and Money Bayou, offers someone the chance to own a great vacation home or weekend get a way.

March 10th 2010 - Featured Homes

eli@floridabeachdream.com (Eli Duarte, Realtor) — Wed, 10 Mar 2010 17:55:00 +0000

Featured Homes MARCH 2010

Elegant and Stunning Waterfront Home. This carefully maintained home is tucked in an extraordinary place in St Joseph Bay. Home overlooks gorgeous bay flats, small islands and spectacular sunsets. Hard wood floors, cathedral ceilings, fireplace, breakfast nook are just the starters. A 41.5' wide screened porch, custom built in bookshelves, surround sounds system, intercom system and a 1813' sqft garage for you bay and beach toys makes it even more attractive. The yard is landscaped with irrigation system. The master room features a private balcony, his and her walking closet, double crown molding, master bath with whirlpool tub and recess lighting. Treasure Bay subdivision is a quiet and peaceful neighborhood surrounded by the St Joseph Buffer Preserve. Large bonus room on 4th level that can serve as a 4th bedroom.

Price below current local property appraiser assesment at: $538,049 Hurry!!! The PERFECT BEACH getaway! GULF FRONT cottage located at Gulf Pines Subdivision. Home features a large living area full of light and perfect for entertaining, large porches ideal for lounging and relaxation. This is the classic beach house you always dream about, maintenance is a breeze, INSURANCE and taxes are affordable. Very nicely furnished and decorated single family home located in a very quiet stretch of peaceful beach. This home is laid out well and all the living spaces are all on one level. The living, dining and kitchen are wide open and are lined with sliding glass doors that lead out onto a furnished screened porch and covered deck. This all you need to live your Coastal Dream.

GULF FRONT CONDO IN THE X FLOOD ZONE. Fabulous oceanfront view! The Dunes Club, built in 2004, is a gated beachfront complex of 15 luxury Condominiums. Dunes Club 1D offers an open and relaxed atmosphere with breathtaking views. It can be accessed by an elevator. This beautiful unit includes three bedrooms / two full bathrooms and can sleep a party of 8 comfortably. The community also offers a gulf front pool perfect for an afternoon cooldown. It is a perfect place for a great getaway. Floor Plan: Kitchen, dining area and gulf front living room with sleeper sofa, TV and DVD/VCR; Bedroom 1-gulf front, master bedroom with king bed, TV, walk-in closet and full bath; Bedroom 2-queen bed, TV and semi-private full bath; Bedroom 3-kids' room with bunk set and TV; and full size laundry room.

02-12-10 - A few good deals under $300K

eli@floridabeachdream.com (Eli Duarte, Realtor) — Thu, 11 Feb 2010 18:40:00 +0000

Thanks for visiting my blog, it is simple but informative, interested in Port St Joe? go to: www.Gulf-County.com/blog

Come back in two days I will post other interesting properties.

Email me or call me anytime: eli@floridabeachdream.com and 850-227-5152 my cell phone.

4 properties you should consider to buy in 2010.
#1 MLS# 206250: 2 bed - 2 bath $159,000 Located at Barrier Dunes - Great price - Park Views.

Gated Community with two swimming pools, lighted tennis courts, gulf front club house and pool, outdoor showers, private bathrooms, stocked fishing ponds....all of this surrounded by lush landscaping. Not only is it one of the best buys in Barrier Dunes, it features a well designed floor plan, corner unit, and is conveniently located within the community.

#2 MLS# 238679 3bed - 2 bath. Just Listed - Short Sale - Just accross from our office.

Upscale Key West style house with beautiful views of the bay. Lots of custom features including Travertine floors, high ceilings and doors, detailed crown moulding, Corian countertops and stainless steel appliances. Short walk to either beach or bay.

#3 MLS#209353 - Nice 3 bed - 3 bath townhouse Approved short sale

Short Sale has been previously approved for $204,000. 3 BR/3 Bath townhome with lovely views of lake. Each guest bedroom has a deck that have a view of the gulf. Large deck off living room and another off the master bedroom overlook the lake. Barrier Dunes, a gated, beachfront community is located on Cape San Blas near the St. Joseph Peninsula State Park.

#4 MLS# 208489 First Tier = Short Sale - 3 bed -2 bath Very good views and access to the beach. This House Is A Must See. Interior Designer Specified Colors And Furnishings. Great Views Of The Gulf Of Mexico And Easy Beach Access Via A Dedicated Subdivision Beach Access Easement, Across The Street.

Wednesday Briefing February 03, 2009

eli@floridabeachdream.com (Eli Duarte, Realtor) — Wed, 03 Feb 2010 17:31:00 +0000

Dear friend, Cape San Blas to Indian Pass buyer:

Looking for a 1st tier bank owned?
238584 - Details: 166 TOBAGO DR, CAPE SAN BLAS, FL - $139,000

New Gulf Front listing:

235037 - Details: 113 BELIZE DR, CAPE SAN BLAS, FL - $779,000

Just reduced:

237939 - Details: 108 PLOVER DR, CAPE SAN BLAS, FL - $625,000

The following are the links to the selected listings:

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359420043

NEW PENDING WATER FRONT HOUSE X FLOOD ZONE:

237709 - Details: 111 BARBADOS DR, PORT ST. JOE, FL - $899,900

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359420107

Monday Briefing Feb 01-2010

eli@floridabeachdream.com (Eli Duarte, Realtor) — Mon, 01 Feb 2010 16:27:00 +0000

New Listing update: GULF FRONT CAPE SOUTH:
Address 132 MCCOSH MILL RD
Acreage 1.02
Lot Size 51X755
Remarks
Beautiful 1 acre+ beachfront lot located within the Piney Woods subdivsion on Cape San Blas. The development features a community pool and very nice vegetation. This parcel is located in a prized "X" flood zone. Don't miss this opportunity on this fantastic beachfront property!

JUST LISTED!

JUST LISTED!

Bay Front Parcel located near Port St Joe, lush vegatation and ample building area that will allocate and well appointed home. 1.67 Acres/Residential or commercial - Buyer to verify.

----------------------------------------------

The following are the links to the new listings.
238539 - Details: 1 SR 30-A, PORT ST. JOE, FL - $199,000 BAY FRONT
238540 - Details: 2 SR 30-A, PORT ST. JOE, FL - $199,00 BAY FRONT
238541 - Details: 3 SR 30-A, PORT ST. JOE, FL - $199,00 BAY FRONT
238545 - Details: 4649 CAPE SAN BLAS RD, CAPE SAN BLAS, FL - $790,000 NEW HOME
238552 - Details: 132 MCCOSH MILL RD, CAPE SAN BLAS, FL - $300,000 GULF FRONT

New Listings, Sold and Reductions Friday 01-28-2010

eli@floridabeachdream.com (Eli Duarte, Realtor) — Fri, 29 Jan 2010 15:33:00 +0000

NEW LISTING:

MLS#: 238507 OfficeFile#: ListPrice: $399,999

Status: Active Last Change: 01/28/2010 ApproxSF: 1,728

Address: 165 ACKLINS ISLAND DR. Tot Sqft: 2,648

PORT ST. JOE, FL $/Sqft: $231.48

Zip: 32456 Bedrooms: 3

MainArea: 07 Cape San Blas/S. Gulf Baths Full/Half: 3/

__________________________________________________________________________________

PRICE REDUCTION:

MLS#: 109932 OfficeFile#: ListPrice: $789,000

Status: Active Last Change: 01/28/2010 ApproxSF: 1,766

Address: 4223 CAPE SAN BLAS RD Tot Sqft: 1,770

CAPE SAN BLAS, FL $/Sqft: $446.77

Zip: 32456 Bedrooms: 4

MainArea: 07 Cape San Blas/S. Gulf Baths Full/Half: 4/0

SubArea: Cape San Blas-N Stories/Loft: 1/0

Subdiv: NO NAMED SUBDIVISION YearBuilt: 1998

ParcelID: 06269-032R OccStat: Vacant

WatFront: Gulf Front Posession: IMMEDIATE

LotDim: SEE ADDENDUM WatView

__________________________________________________________________________________

HOTSHEET FOR 01-29-2010

The following are the links to the selected listings.

109932 - Details: 4223 CAPE SAN BLAS RD, CAPE SAN BLAS, FL - $789,000

238507 - Details: 165 ACKLINS ISLAND DR., PORT ST. JOE, FL - $399,999

238509 - Details: 148 MERCURY LN, PORT ST. JOE, FL - $233,000

238510 - Details: 0 MERCURY LN, PORT ST. JOE, FL - $173,000

238511 - Details: 0 POLARIS DR, PORT ST. JOE, FL - $83,000

238514 - Details: 0 POLARIS DR, PORT ST. JOE, FL - $88,000

234246 - Details: 159 JAMAICA DR, #7, CAPE SAN BLAS, FL - $127,000

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359415378

JUST SOLD:

MLS#: 234246 OfficeFile#: ListPrice: $147,000 SOLD $127,000

Status: Sold Last Change: 01/29/2010 ApproxSF: 520

Address: 159 JAMAICA DR, #7 Tot Sqft: 624

CAPE SAN BLAS, FL $/Sqft: $244.23

Zip: 32456 Bedrooms: 2

MainArea: 07 Cape San Blas/S. Gulf Baths Full/Half: 1/0

SubArea: Cape San Blas-N Stories/Loft: /

Subdiv: NO NAMED SUBDIVISION YearBuilt: 1988

ParcelID: 06400-035R OccStat: Vacant

www.Gulf-county.com/blog See what is selling in Port St Joe

www.capesanblas.net/blog See Best Buys

January 25 2010 5 Homes You have to See

eli@floridabeachdream.com (Eli Duarte, Realtor) — Mon, 25 Jan 2010 15:33:00 +0000

Cape San Blas Realtor Eli Duarte: 850-227-5152 eli@floridabeachdream.com

Dear Friends and Buyers,

Welcome back to my blog. In this post I will featured 5 you should consider:

To better view my blog right click here and open in a new window: www.capesanblas.net/blog/

JUST LISTED $325k

REDUCED $519,000

MOTIVATED SELLER BRING AN OFFER: The PERFECT BEACH getaway! GULF FRONT cottage located at Gulf Pines Subdivision. Home features a large living area full of light and perfect for entertaining, large porches ideal for lounging and relaxation. This is the classic beach house you always dream about, maintenance is a breeze, INSURANCE and taxes are affordable. Very nicely furnished and decorated single family home located in a very quiet stretch of peaceful beach. This home is laid out well and all the living spaces are all on one level. The living, dining and kitchen are wide open and are lined with sliding glass doors that lead out onto a furnished screened porch and covered deck. This all you need to live your Coastal Dream.

Cape San Blas Realtor Eli Duarte: 877-512-9366 eli@floridabeachdream.com

FIRST TIER $298k

SHORT SALE - SHORT SALE

This House Is A Must See. Interior Designer Specified Colors And Furnishings. Great Views Of The Gulf Of Mexico And Easy Beach Access Via A Dedicated Subdivision Beach Access Easement, Across The Street.

REDUCED $925,000

Gulf Front with evening sunset views. This gorgeous 6 bed, 3 bath home has 2 separate living areas, 2 kitchens, 2 screened porches, 2 separate laundry areas and 4 covered parking places. It also has an elevator for convenient access between the main house and the lower suite. The upper level has a large family-sized kitchen opening to a vaulted family room, 4 bedrooms (2 Gulf-front open to screened porch), 2 baths, dining (seats 13), & laundry. The lower level has a full kitchen, family room, king bedroom, twin bedroom, 2nd laundry, and handicapped accessible bathroom. Other amenities include ice machine, tile floors & fireplace. All furniture and furnishings stay. Outside, enjoy furnished screened porches, sundeck, outdoor hot/cold shower, & Gulf-front gazebo. Survey shows home in X flood zone.

ONLY $459,000

Great investment with returning tenants, not a short sale, but priced to sell. This is a turn key property, fully furnished and website is included. Just steps to the beach make this three bedroom three and half bath a great choice for the investor. Master bedroom has sliders to covered porch for relaxing , jetted tub and separate shower and dual raised vanity. To view the website included in the sale go to www.sanpebble.com, Website & domain name also included in sale.

Cape San Blas Realtor Eli Duarte: 877-512-9366 eli@floridabeachdream.com

Thanks for visiting my blog!!

Pre-Spring Sale 01-20-10

eli@floridabeachdream.com (Eli Duarte, Realtor) — Wed, 20 Jan 2010 14:40:00 +0000

Dear Friends, Buyers and Sellers,

February and March are great months to visit the our beautiful area, the weather is perfect, properties are available to view during the weekend and weekdays and mostly opportunittes are still left on the market. Mostly Bank Owned properties, short sales and properties that had been owned for 10 years plus by sellers.

In this entry I wil featured some of the Best buys on the market today.

Cape San Blas North:

There are 47 single family homes on the market:

WATER FRONT HOMES OPPORTUNITIES:

The following are the links to the selected listings.

238389 - Details: 4055 CAPE SAN BLAS RD, CAPE SAN BLAS, FL - $425,000

Just listed - Really all you need at the Cape.

209621 - Details: 110 CLIFTON BEACH DR, CAPE SAN BLAS, FL - $699,000

237100 - Details: 575 SECLUDED DUNES DR, CAPE SAN BLAS, FL - $875,000

This home has been shown many time since listed. Located at the best location at the Cape near the State Park

Or Click Here to go view all listings at once.

GULF VIEW HOME OPPORTUNITES:

The following are the links to the selected listings.

237426 - Details: 130 WHITE SANDS DR, CAPE SAN BLAS, FL - $314,900

Nice beach cottage.

202605 - Details: 123 OVATION WAY, CAPE SAN BLAS, FL - $369,000

New construction at Ovation.

209500 - Details: 228 SEAGRASS CIR., CAPE SAN BLAS, FL - $409,000

Great rental at popular Seagrass Subdivision

Or Click Here to go view all listings at once.

Cape San Blas South and C-30A

WATER FRONT HOMES:

234399 - Details: 572 GULF PINES DR, PORT ST. JOE, FL - $519,000

Just reduced - Hurry

236029 - Details: 446 JUBILATION DR, CAPE SAN BLAS, FL - $995,000

This home has it all!!!

Or Click Here to go view all listings at once.

December 28-2009 Gulf Front and First Tier Update

eli@floridabeachdream.com (Eli Duarte, Realtor) — Mon, 28 Dec 2009 14:30:00 +0000

Welcome back to my Cape San Blas to Indian Pass Blog.

This Blog is dedicate to the Cape San Blas, C-30A and Indian Pass Real Estate market and events.

For Port St Joe go to www.Gulf-county.com/blog

The new CCCL will be re-drawn in January of 2010. If you are on the market for a Gulf front lot at Cape San Blas north you should consider a deep water front lot where the building pad is landward of this line. The alternative will a First tier lot which in most cases are landward of the CCCL and out of the flood plain (X flood zone)

Please review current SOLD/PENDING/ACTIVE MLS Gulf front and First Tier lots:

Sold Water Front Lots at Cape San Blas North YTD

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359385612

Please note sales for $540K and $750K are large tracks.

Active Water Front Lots at Cape San Blas North under $500K

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359385615

There aren't any Gulf fronts under contract as 12-28-09.

_________________________________________________________

Sold First Tier Lots at Cape San Blas North YTD

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359385609

Pending First Tier Lots at Cape San Blas North YTD

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359385610

Active First Tier Lots at Cape San Blas North under $200K

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359385611

Sold Water Front Lots at Cape San Blas North YTD

December 07-2009 Update

eli@floridabeachdream.com (Eli Duarte, Realtor) — Mon, 07 Dec 2009 17:22:00 +0000

Welcome Back to my Cape San Blas to Indian Pass Blog.

For Port St Joe go to: www.Gulf-county.com/blog

Do check this blog this week!

Are you looking for a 100' water front FEMA lot in the Forgotten Coast? make an offer on the one below. Last sale for 100' was $200K at Indian Pass:

236967 - Details: 514 GULF PINES DR, CAPE SAN BLAS, FL - $530,000
http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359369456

How about Cape San Blas North Beach Front lots? This lot is worth taking a look, call me or email me with questions:

236852 - Details: 196 AVALON DR., #A, PORT ST. JOE, FL - $449,000

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359368354

Cape San Blas south interior lots are selling from $37,500 to $60K make an offer on the ones below:

235669 - Details: 160 BOARDWALK AVE, CAPE SAN BLAS, FL - $94,900
206503 - Details: 111 PLUTO WAY, PORT ST. JOE, FL - $99,500

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359367419

Cape San Blas North - Secluded Dunes:

The house below is offering owner financing with 15% down. One to keep in mind in the $300K to $400K range.

237998 - Details: 109 HEMMINGWAY CIR., CAPE SAN BLAS, FL - $450,000

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359371375

And you may ask, Eli what is under contract at Cape, Indian Pass and C-30A?

Here is the link for Homes:

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359371379

And lots:

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359371380

December 02-2009 Update

eli@floridabeachdream.com (Eli Duarte, Realtor) — Wed, 02 Dec 2009 16:58:00 +0000

This should be a week to remember - I have a closing just about every day this week.

I just sold 2.5 acres on Indian Pass with 100' on the beach. This I believe is the "deal' of the year. Congratulation Mike - You did very on this one. Indian Pass is a beautiful peninsula, this parcel is suitable for 5 or 6 lots. From the Gulf to the Lagoon.

Sold date 11-30-09.

I also closed on a beach side, X flood zone, bay view lot for $50K The asking price was $79K - we went under contract on Thanks Giving day ( Yes, I work Holidays) and close 12-01-10. Yes, its is possible to close on 2 or 3 business days in Gulf County.

Sold date 12-02-09.

The next stop is a bay view lot located near Cape Palms park. A 1/2 acre lot, on the x flood zone, this lot was listed at $74K - Lot need some fill but I think the buyers did fantastic.

Sold 12-02-09.

All these activity can only mean one thing: The land at the Cape has bottom at $50K for a Bay view or Gulf view lots. If you are on the market for land I'm sure that I can help. I'm attentive to buyer's request in timely matter.

Let me know if I can help.

Happy Thanksgiving - Briefing Nov 25-09

eli@floridabeachdream.com (Eli Duarte, Realtor) — Wed, 25 Nov 2009 18:23:00 +0000

Dear Friends,

I hope you are all well ready to enjoy the Holiday season.

Here are the Cape we had been very busy! We see a property sell or go under contract every day.

Right now I'm working in 7 land contracts and two homes ( ALL GOOD DEALS) I will post next week with the selling prices.

November 09 Briefing -

eli@floridabeachdream.com (Eli Duarte, Realtor) — Mon, 09 Nov 2009 14:00:00 +0000

Welcome Back to my Cape San Blas to Indian Pass Blog.

For Port St Joe go to: www.Gulf-county.com/blog Do check this blog this week!

Have ever dream of living on the coast? ever thought about changing the mountain views from bay front views? how about owning a boat and have waiting for you on your dock? if this is you please review the video below. This home will just do that for you:

How about a "deal" of a house. The Bay Front house below will be more suitable for permanet residency. Located 1o minutes to Port St Joe and the new Hospital. Enjoy a peaceful place at Treasure Bay subdivision. Let me know if you have questions. Asking price: $499K

October 22 Briefing -

eli@floridabeachdream.com (Eli Duarte, Realtor) — Thu, 22 Oct 2009 16:47:00 +0000

Welcome back to my Cape San Blas to Indian Pass Blog.

This Blog is dedicate to the Cape San Blas, C-30A and Indian Pass Real Estate market and events.

For Port St Joe go to www.Gulf-county.com/blog

Check out two Bay Front Homes that will make perfect year around homes.

Cape San Blas

http://www.youtube.com/watch?v=pe5PPbmaINQ

C-30A

http://www.youtube.com/watch?v=o7fWf0vkP58

NEW FLASH:

St. Joe Media Contact: Jerry Ray904.301.4430mailto:Ray904.301.4430jray@joe.com

St. Joe Investor Contact: David Childers904.301.4302mailto:Childers904.301.4302dchilders@joe.com

The St. Joe Company245 Riverside AvenueJacksonville, FL 32202904.301.4200

FOR IMMEDIATE RELEASE

SOUTHWEST AIRLINES TO SERVE NORTHWEST FLORIDA’S NEW INTERNATIONAL AIRPORT

The St. Joe Company Leads Regional Effort to Facilitate Service at the Newest International Airport in the U.S.

Jacksonville, Florida, October 21, 2009 -- The St. Joe Company (NYSE: JOE) and Southwest Airlines (NYSE: LUV) today announced a strategic alliance providing for the commencement of air service to Northwest Florida's new international airport near Panama City Beach, Florida in May 2010. The airport, currently under construction, is the first international airport built in the U.S. in the last 16 years. Southwest’s service at the new airport will consist of at least two daily nonstop flights from Northwest Florida to each of four destinations for a total of eight daily nonstop flights.

St. Joe is the largest landowner in Northwest Florida with hundreds of thousands of acres in the service area of the new airport. Specifically, St. Joe owns approximately 71,000 acres of land surrounding the new airport. Millions of tourists are drawn each year to Northwest Florida beaches, some of the most beautiful in the world. The region is also home to important defense aerospace economic clusters anchored by U.S. Air Force, Navy and Army installations.

“The entire Northwest Florida region can be proud of its efforts to secure service from the nation’s premier low-fare airline,” said St. Joe's CEO and President Britt Greene. “Southwest service, combined with the economic development potential of the new airport, will be instrumental in the long-term success of the region. The region now has a truly meaningful catalyst to help drive growth in the coming years.”

St. Joe intends to aggressively leverage Southwest’s service at the new international airport to drive tourism, economic development and job growth in the region and real estate absorption in the company’s projects across Northwest Florida.

“History has shown that the ‘Southwest Effect’ can have a dramatically positive economic impact on a market and a region,” said Greene. “We believe Southwest’s entry into Northwest Florida will be the foundation from which growth will emanate for future decades. This will truly provide a catalyst for us to create value for our shareholders for many years to come.”

“In the past, Northwest Florida’s economic growth has been hampered by limited service and some of the highest airfares in the country,” Greene said. “Southwest, with its legendary Customer service, extensive network and competitive fare structure, greatly improves our competitive position for economic development prospects and dramatically raises this region’s profile.”

Given the current state of the U.S. economy and the airline industry, new airline service must be positioned as an economic development initiative with broad regional support. St. Joe has been working alongside a number of regional organizations to secure the financial commitments to support this new air service: Coastal Vision 3000, the Bay County Tourist Development Council, the Beaches of South Walton Tourist Development Council and the Panama City – Bay County Airport and Industrial District.

St. Joe and Southwest have entered into a strategic alliance agreement to facilitate air service to the new airport. As part of the agreement, St. Joe has agreed to reimburse Southwest if it incurs losses at the new airport during the first three years of service. It also provides for any profit from the air service during the term of the agreement to be shared with St. Joe up to the amount of St. Joe’s prior payments.

The Agreement provides for conditions to the commencement of the air service to the new airport, including the timely completion of the airport and Southwest reaching satisfactory agreements with the local airport authority regarding the use of the new airport and agreements with regional tourism groups regarding coordinated marketing efforts.

Additional information regarding the terms of the Agreement, including conditions to the proposed air service, termination rights and air service exclusivity provisions, may be found in St. Joe's Form 8-K to be filed today with the Securities and Exchange Commission, which will be available on our web site at http://www.joe.com/.

About St. Joe

The St. Joe Company (NYSE: JOE), a publicly held company based in Jacksonville, is one of Florida’s largest real estate development companies and Northwest Florida's largest private landowner. We are primarily engaged in real estate development and sales, with significant interests in timber.

More information about St. Joe can be found on our web site at http://www.joe.com/.

Forward-Looking Statements Statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements about our beliefs, plans, goals, expectations and intentions. Forward-looking statements involve risk and uncertainty, and there can be no assurance that the results described in such statements will be realized. Such statements are based on our current expectations and we undertake no obligation to publicly update or reissue any forward-looking statements. Risk factors that may cause the actual results to differ are described in this press release and in various documents we have filed with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2008, and our Quarterly Reports on Form 10-Q. Additional information regarding the terms of our Agreement with Southwest, including conditions to the proposed air service and termination rights, may be found in our Form 8-K to be filed today.

© 2009 The St. Joe Company. “St. Joe,” “JOE” and the "Taking Flight" design are service marks of The St. Joe Company.

If you have questions about the Cape and Indian Pass just let me know, 850 227 5152 mobile or email or text me.

I will be glad to help.Please call me or email if you are buying or selling in the area.

Sincerely,

Eli Duarte ><((((º>

JUST SOLD - October 6th Briefing 2009

eli@floridabeachdream.com (Eli Duarte, Realtor) — Tue, 06 Oct 2009 13:41:00 +0000

Welcome back to my Cape San Blas to Indian Pass Blog.

This Blog is dedicate to the Cape San Blas, C-30A and Indian Pass Real Estate market and events.

For Port St Joe go to www.Gulf-county.com/blog

JUST SOLD 441 Barrier Dunes FOR $200K ON 10-05-09 This was my buyer. Buyer found me on the internet and we worked and completed the transaction using email, youtube. He finally came to closing and saw the unit for the first time. He was happy, I was worried the whole time we were under contract. Thanks youtube!

Sign up for my weekly BEST BUY newsletter which I will be sending Wednesday the 7th of October.

If you have questions about the Cape and Indian Pass just let me know, 850 227 5152 mobile or email or text me. I will be glad to help.Please call me or email if you are buying or selling in the area.

Sincerely,

Eli Duarte ><((((º>

September 28 Briefing - REO

eli@floridabeachdream.com (Eli Duarte, Realtor) — Mon, 28 Sep 2009 19:04:00 +0000

Welcome back to my Cape San Blas to Indian Pass Blog.

This Blog is dedicate to the Cape San Blas, C-30A and Indian Pass Real Estate market and events.

For Port St Joe go to www.Gulf-county.com/blog

New HOT Bank listing:

http://www.sunsetpointe.com/ REO lot for sale only $46,900. Please email me for details.

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359324557

New SHORT SALE listing:

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359324559

Please let me know if you are buying or selling in the area. I will be glad to help.

Eli Duarte 850 2275152

September 15 Briefing - New Deals every day!

eli@floridabeachdream.com (Eli Duarte, Realtor) — Tue, 15 Sep 2009 09:43:00 +0000

JUST SOLD 0 Seahorse Lane Cape San Blas 2nd Tier FOR $139K ON 09-14-09 This was my listing. If you are on the market to buy or sell, call me today! 850-227-5152 Mobile.

Welcome back to my Cape San Blas to Indian Pass Blog.This Blog is dedicate to the Cape San Blas, C-30A and Indian Pass Real Estate market and events.

For Port St Joe go to www.Gulf-county.com/blog

Cape San Blas to Indian Pass Real Estate Statistics:
142 homes listed 09-2009.
22 Under contract. Click below to see properties:

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359316369

30 unit have sold YTD:

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359316370

254 Lot listed 09-2009

13 Under contract: Including VILLA DEL SOL track.

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359316371

30 sold YTD:

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359316372

PLEASE REVIEW A FIVE LOTS UNDER $75,000 AT CAPE SAN BLAS:

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359316374

If you have questions about the Cape and Indian Pass just let me know, 850 227 5152 mobile. or email or text me. I will be glad to help. Please call me or email if you are buying or selling in the area.

Sincerely,

Eli Duarte ><((((º>

September 02 Briefing

eli@floridabeachdream.com (Eli Duarte, Realtor) — Wed, 02 Sep 2009 20:08:00 +0000

New Listing 2.5 acres of Gulf Front 100' x 1089'

Only $495K

Welcome back to my Cape San Blas to Indian Pass Blog.

This Blog is dedicate to the Cape San Blas, C-30A and Indian Pass Real Estate market and events.

For Port St Joe go to www.Gulf-county.com/blog

It has been 13 days since my last post, and many properties have gone under contract since then. Click below to see all new pending contrats for the month of August: A total of 23 properties. 2 Gulf Front lot sales.

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359307308

Sign up for my weekly BEST BUY newsletter which I will be sending tonight Wednesday the 02 of September. I apologize for the short blog, If you have questions about the Cape and Indian Pass just let me know, 850 227 5152 mobile or email or text me. I will be glad to help.Please call me or email if you are buying or selling in the area.

Sincerely,

Eli Duarte ><((((º>

August 19th Briefing -

eli@floridabeachdream.com (Eli Duarte, Realtor) — Wed, 19 Aug 2009 23:22:00 +0000

Welcome back to my Cape San Blas to Indian Pass Blog.

This Blog is dedicate to the Cape San Blas, C-30A and Indian Pass Real Estate market and events.

For Port St Joe go to www.Gulf-county.com/blog

Market Status: Activity is very high, multiple new contracts are registred in the MLS. Most of the good short sales properties are gone. I have shown property almost every day since August 1-2009. This is a good sign that the market is finally adjusting and buyer's confidence is high. Don't let this opportuity to buy low pass you by.....

Click on the link below to see 18 residential properties which are under contract from Cape San Blas to Indian Pass:

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359297611

Click below to see 16 lots and land which are under contract from Cape San Blas to Indian Pass:

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359297612

Click below to view 5 Gulf Front lots which are under contract fom Cape San Blas to Indian Pass:

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359297613

Click below to view only 3 Gulf Front Residential Unit under under contract:

Call for details, I will tell why interior properties are being purchsed right now.

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359297617

NEW LISTING: Gulf View 2nd Tier - Only $139K .35 acres. Click Below:
http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359297610

Sign up for my weekly BEST BUY newsletter which I will be sending tonight Wednesday the 19th of Ausgut. I apologize for the short blog, but I got to write one more offer before the day ends. Wish me luck.

If you have questions about the Cape and Indian Pass just let me know, 850 227 5152 mobile or email or text me. I will be glad to help.

Please call me or email if you are buying or selling in the area.

Sincerely,

Eli Duarte ><((((º>

August 12 Briefing - HOTSHEET

eli@floridabeachdream.com (Eli Duarte, Realtor) — Wed, 12 Aug 2009 13:52:00 +0000

Featured Listing:
http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359293431

Welcome back to my Cape San Blas to Indian Pass Blog.
This Blog is dedicate to the Cape San Blas, C-30A and Indian Pass Real Estate market and events.

For Port St Joe go to www.Gulf-county.com/blog

Busy, very busy week:

Let's review the acitivty since last Wednesday:

Active Residentail Listing 146

Active Land-lots listitng 239

New Pending Contract since 08-05-09

Two water front lots, one water front condo, one first tiet house ( short sale) and one Barrier Dunes unit.
http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359293427

Price changes:

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359293428

Back on the market:

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359293429

If you have questions about the Cape and Indian Pass just let me know, 850 227 5152 mobile. or email or text me. I will be glad to help. Please call me or email if you are buying or selling in the area.

Sincerely,

Eli Duarte ><((((º>

August 5th Briefing - Cape San Blas North

eli@floridabeachdream.com (Eli Duarte, Realtor) — Wed, 05 Aug 2009 11:56:00 +0000

Welcome back to my Cape San Blas to Indian Pass Blog.

This Blog is dedicate to the Cape San Blas, C-30A and Indian Pass Real Estate market and events.

For Port St Joe go to www.Gulf-county.com/blog

Cape San Blas north is probably one of the most beautiful places in the entire area. It features white sand, blue water and great sunsets.

If you ever dream of owing property at the north end of the Cape, today is a perfect time to narrow your search. Why? Prices are affordable again, there 13 lots under $100K and this is just the asking price. We are touching the bottom of the market. As a personal example, buyer requests and interest has increase in the last week. I feel this winter we will be unsually busy.

In this briefing I will break down what is for sale by categories and recomend a few good deals.

Water Front Homes:

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359288404

First Tier Homes: My Favorite spot at the Cape.Typically X flood zone, good rentals and great views.

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359288405

My Favorite Barrier Dunes Units:

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359288406

A simple Affordable getaway under $200K X Flood zone:

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359288407

Lands and Lots 13 Interior Lots:

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359288408

Water front lots: Remember beach restoration tax is the highest at the waterfront.

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359288409

If you have questions about the Cape and Indian Pass just let me know, 850 227 5152 mobile. or email or text me. I will be glad to help. Please call me or email if you are buying or selling in the area.

Sincerely,

Eli Duarte ><((((º>

July 31th 2009 Briefing -

eli@floridabeachdream.com (Eli Duarte, Realtor) — Mon, 27 Jul 2009 16:10:00 +0000

Welcome back to my Cape San Blas to Indian Pass Blog.

This Blog is dedicate to the Cape San Blas, C-30A and Indian Pass Real Estate market and events.

For Port St Joe go to www.Gulf-county.com/blog

LOOKING FOR OWNER FINANCING PROPERTIES FOR SALE? CLICK BELOW:

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359269118

3 SHORT SALES WORTH TAKING A CLOSER LOOK:

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359285436

ALL BARRIER DUNES UNITS:

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359285433

July 21th 2009 Briefing - Beach Front with one acre

eli@floridabeachdream.com (Eli Duarte, Realtor) — Tue, 21 Jul 2009 14:34:00 +0000

We have been very busy in the last two weeks and it shows in our MLS.

Here are some stats:

Cape San Blas to Indian Pass Residential Units Active: 160

Cape San Blas to Indian Pass Residentilal Units pending: 15

Cape San Blas to Indian Pass Land or lots Units Active: 245
Cape San Blas to Indian Pass Land or lots Units pending: 12

FEATURED PROPERTY FOR TODAY: This is my listing at Gulf Pines. A 3 bedroom, 2 bathroom water front house. House sits one FULL ACRE on land. It comes fully furnished.

This property has tremendous potentail as it can be split. See link:

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359278065

Sincerely, See video of Gulf Pines Beach...

Eli Duarte ><((((º>

Tuesday July 14th Briefing - Condos Sales

eli@floridabeachdream.com (Eli Duarte, Realtor) — Tue, 14 Jul 2009 12:24:00 +0000

JUST SOLD 1094 Cape San Blas Rd. Dunes Club water front condo unit #4 for $225K ON 07-12-09. This was a REO listing. My buyer used financing and it took about 45 days to close. They got a sweat deal as another unit in the same building sold for $245,025 on 6-22-09. If you are on the market to buy or sell, call me today! 850-227-5152 Mobile.

Welcome back to my Cape San Blas to Indian Pass Blog.This Blog is dedicate to the Cape San Blas, C-30A and Indian Pass Real Estate market and events.

For Port St Joe go to www.Gulf-county.com/blog

Let's take a look at townhouses and condos. I will break down what has sold this year, what is under contract and what is for sale.

Water Front Condos Sold since 02-01-09:

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359273814

Water View Townhouses Sold since 02-01-09 - Barrier Dunes:

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359273815

Current Pending or under contract townhouses and condos:

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359273816

Note: 1094 Cape San Blas is closed by not yet posted on MLS.

All Townhouse and Condos for sale in the area from Cape San Blas to Indian Pass:

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359273817

FEATURED PROPERTY FOR TODAY: This is my new listing at Seacliffs Development. A 4 bedroom, 4.5 bathroom water view townhouse. It comes fully furnished, it has an elevator, a garage for all your beach toys, the views are fantastic!

http://www.rafsg.net/RAFSGReports/ListitLib/show_report.aspx?ID=G359273818

If you have questions about the Cape and Indian Pass just let me know, 850 227 5152 mobile. or email or text me. I will be glad to help. Please call me or email if you are buying or selling in the area.
Sincerely,
Eli Duarte ><((((º> See video for Unit 44 Seacliffs our featured property.