The unfinished South Fort Myers gated community of Banyan Bay is being completed by national Builder D R Horton. About 25 homes were built at Banyan Bay by Ryland Homes before they exited the Fort Myers market. The communities infrastructure including utilities, pool and gate are in place.

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Catalina Isles is a gated community of 282 homes located in South Fort Myers off Winkler Road just south of the Crown Colony Country Club. The community is built around three lakes and water views are available throughout the community.

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Significantly reduced waterfront high-rise condos at Tarpon Landings are literally flying off the shelves this summer. Buyers are impressed with the voluminous size of the Tarpon Landings units which have 3 bedrooms and 3.5 baths and start at 2,880 SF

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While foreclosures and short sales still dominate the Southwest Florida real estate headlines, new construction in exciting subdivisions continue to gain momentum in the market. Many buyers, particularly remotely located second home owners, want a new turnkey move-in-ready solution.

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Estero Preserve is Taylor Morrison’s newest Southwest Florida community. This South Fort Myers development features thirty single-family homes off Pine Road just south of Shadow Wood Preserve. The location allows convenient access south to Estero and Naples as well as not to Fort Myers.

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Lucaya offers the ambiance and atmosphere of a Caribbean resort in the heart of Fort Myers along McGregor Boulevard. Escape to your tropical vacation home every time you pass through the gates of this unique community.

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The reality of our market right now is that homes are selling for significantly more than assessed values. Properties are assessed once a year using the prior year’s sales data, so while prices are trending upwards, the assessed values have not caught up with this trend.

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Canadians, Granadians, Australians and Botswanians (maybe not but it rhymes!) and residents of the entire global community are targeting our very own Cape Coral as a place to invest in real estate. As covered by Wink News, Trulia recently reported that Cape Coral was the third most popular US city after Los Angles and New York for foreign investment. This is quite remarkable as Cape Coral and its 154,000 residents is dwarfed by New York and its population of around 8 million and LA with just under 4 million citizens.

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