Interesting story about a house that was incorrectly built on the adjacent Cape Coral vacant lot. It befuddles me that a house could be on wrong lot for 11 years and even through a sale without the error being discovered until the current homeowner decided to install a pool. This story has attracted a large [...]
[more] →Over-sized lots offer flexibility Approximately 10 percent of the residential lots for sale today in Cape Coral are over-sized “triple” lots. Triple lots are a better investment as there are fewer available throughout the city. Triple lots measure 120 ft wide by 125 ft deep and are approximately one third of an acre. The standard [...]
[more] →Many affordable waterfront lot options in Cape Coral Thinking of someday retiring in beautiful sunny SW Florida? With the recent market slowdown, waterfront vacant lots are now within reach of many more buyers. In Cape Coral, many excellent waterfront vacant land options are available in the $70,000 to $80,000 range. Buy it now to lock [...]
[more] →Affordability and growing inventory key factors New housing permits dropped radically in Cape Coral last month. The 323 permits issued during May were off 26 percent from the 439 issued in April and less than half of the 724 permits issued in May 2005. The run-up in Cape Coral lot prices over the past three [...]
[more] →Speculators are making bets With prices jumping from $2,000-$3,000 an acre in 2004 to over $20,000 an acre today, DeSoto County has experienced significant speculator investment. Over the past 11 months 26,000 acres have been changed hands with a total value exceeding $363 million. DeSoto County lies north of Charlotte County and east of Sarasota [...]
[more] →New Highway to Lee County? A conceptual plan has been unveiled for a new parkway which runs through the middle of the state of Florida. This roadway would connect to SR 80 in eastern Lee County near the Hendry County line. The north-south portion of the roadway would provide connectivity between eastern Lee County and [...]
[more] →Gulf access options in Fort Myers limited One category of Southwest Florida real estate in short supply is gulf access lots in south Fort Myers. These parcels, which allow homeowners to keep a boat behind their house, offer boating access to the Caloosahatchee River and the Gulf of Mexico. Most of the available lots are [...]
[more] →Affordable housing….at what cost? The News-Press ran an article on the plans of Jack Solloway, owner of Secure Holdings in Fort Myers, to give back to the community. He plans to build 200 affordable homes, priced at under $200,000, for working-class professionals like teachers. What the article failed to mention was the army of telemarketers [...]
[more] →Deals available in buyers market If you are considering building a home in Florida on the water, now is a great time to secure a great deal on a piece of property. The lot inventory has grown considerably and buyers have the leverage right now to negotiate a favorable purchase. With several hundred miles of [...]
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