The News-Press reports that the City if Cape Coral is considering the interconnection of the Rubicon Canal with the Bimini Basin. This would involve extending the Rubicon Canal across both SE 47th Terrace and Cape Coral Parkway.

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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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Major price reductions at Tarpon Landings have drawn buyers like steel to a magnet to this Cape Coral luxury waterfront high-rise project. Buyers are attracted to the large floor plans which are a minimum of 2,888 SF and the wonderful waterfront views.

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Wink News covers the explosion of new businesses opening in recent months in the Downtown Fort Myers River District. While this has been a real long time coming…….it sure feels good to see the area gaining momentum and becoming something more than the seat of the Lee County Government and a home to hundreds of empty condos.

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The North Star Yacht Club is a luxury resort-style high-rise community located on the Caloosahatchee River in North Fort Myers. This 12-acre development features twin 12-story waterfront high-rise buildings.

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The most expensive home to sell in Lee County, Florida during September 2011 was a Sanibel single-family home located on the 17th fairway of the Sanctuary. This 5,634 SF home is located at 2596/2598 Wulfert Road Sanibel, FL and features 5 BR / 4.5 BA. The selling price was $2.225M / $394 SF, which was 89% of the asking price.

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The waterfront Oasis high-rise condo development in Fort Myers brings a slice of South Beach to Southwest Florida. Sparkling twin 32-story buildings provide wonderful views and thrilling sunsets on a daily basis.

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Many consider High Point Place to be the premium Fort Myers waterfront high-rise development. This 32-story project is the tallest building between Tampa and Miami and is located in a very walkable location the closest to Downtown Fort Myers. The views over the wide Caloosahatchee River are stunning from High Point units.

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Average annual temperatures in the mid 80s, hundreds of miles of canals and rock-bottom real estate prices have propelled Cape Coral to the top of CNN Money’s top retirement destinations.  The real estate downturn significantly impacted Cape Coral and now median home prices are under $100,000.  Today’s prices are more than 60% below peak 2006 [...]

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