Southwest Florida condo buyers are taking notice of the significant price reductions at the Fort Myers River District high-rise developments. Over the last 12 months $11.4M in Downtown Fort Myers High-rise condos have sold. On a dollars per square foot basis, recent sales have been at about 50% of the price that these condos originally sold for as new construction.

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Bank of America has foreclosed on the Related Group’s Oasis Condominium development in the Fort Myers River District. The $157M filing ranks as the second largest ever in Lee County. Jorge Perez and the team at Related Group had ambitious plans to bring a slice of South Beach to Fort Myers, but missed badly on the Oasis project.

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St. Charles Harbour Yacht Club continues to set the standard for luxury yachting communities in the Fort Myers area. This intimate community of just 82 single-family homes spread across 145 acres is truly a beautiful place.

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Promenade at the Forum

On April 25, 2010 By

The Promenade at the Forum community was featured in a recent Christian Science Monitor article about home buyer tips. The Forum is a newer gated community off Colonial Boulevard in Fort Myers. The Forum includes two discrete neighborhoods: the Promenade featuring single-family homes and the Colonnade featuring town homes.

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Gulf Harbour, located along famed McGregor Boulevard in South Fort Myers continues to be a very popular Southwest Florida community. Already in the first 15 weeks of 2010, 24 properties have been sold at Gulf Harbour.

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Distressed property continues to dominate the real estate market here in the Fort Myers area with nearly 2/3 of our sales either foreclosures or short sales. If you missed the auction, here is a resource to view Fort Myers foreclosure listings.

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Tucked away off Iona Road just west of Mcgregor Boulevard and Gulf Harbour is the community of Harbour Isle. Housing options at Harbour Isles include single-family homes, villas and condos.

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A really quick Fort Myers short sale…..must be an oxymoron or a Realtors’ late night long tale! Well not always, our team recently closed a short sale in 37 days! This transaction was for a High Point Place condo located at 2090 W. 1st Street #1609 in the Downtown Fort Myers River District.

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The Whiskey Creek neighborhood in Fort Myers offers a convenient location between McGregor Boulevard and Summerlin Road. This centralized location offers easy access to downtown, the beaches and islands and even I-75.

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