The most expensive home to sell in Lee County, Florida during January 2012 was a Sanibel single-family home located in the prestigious Gulf Shores community. This 2,742 SF gulf front home is located at 4449 Waters Edge Lane, Sanibel, FL and features 3 BR / 3 BA. The selling price was $3.55M / $1,295 SF, which was 91% of the asking price.

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The most expensive home to sell in Lee County, Florida during October 2011 was a Fort Myers single-family home located on the prestigious waterfront community of Palmetto Point. This 6,683 SF home is located at 4841 Conover Ct, Fort Myers, FL and features 5 BR / 5.5 BA.

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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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The most expensive home to sell in Lee County, Florida during March 2011 was a Bonita Springs single-family estate home located within the Hidden Harbour neighborhood of Bonita Bay.

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National golf club operator Escalante Golf has acquired Bonita’s Spanish Wells Country Club. Locally here in Southwest Florida, Escalante owns Tarpon Cove Yacht and Racquet Club in Naples

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As posted last week, February 2011 was a very strong month for luxury property sales in Lee County, Florida with seventeen $1M+ transactions.

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Local builders are rolling out the red carpet and upping the level of promotions to lure potential buyers into their communities.

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The most expensive home to sell in Lee County, Florida during December 2010 was a Sanibel condo located at Tantara Condos. Tantara is an eight-unit, luxury condo development located directly on the Gulf of Mexico. This 2,270 SF penthouse condo located at 3049 West Gulf Drive #301 Sanibel Florida features 3 BR and 3 BA.

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As reported in the News-Press, the Bonita Bay Club has invested $3.5M over the past nine months to make improvements several key areas of the club. This investment comes after the members of the Bonita Bay Club purchased the club from developer and previous owner Bonita Bay Group in March, 2010.

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