The Fort Myers River District High-rise market continues to be one of the most active segments of our market. In 2011, 117 units sold in the six riverfront high-rise developments per data compiled from the Greater Fort Myers and the Beach MLS.
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The highest priced home to sell in Cape Coral in 2011 was a riverfront home located on Riverside Drive in the Yacht Club section of the Cape. This 10,500 Sq. Ft. home sold for $2,900,000. In 2011, there were 12 residential home sales in the Cape over a $1m and all were single-family homes.
[more] →The most expensive home to sell in Lee County, Florida during November 2011 was a Fort Myers single-family home located in the prestigious Miromar Lakes community.
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Gulf Harbour is a master-planned, gated community located on historic McGregor Boulevard in Fort Myers, Florida. Comprised of 18 distinct neighborhoods in a 547-acre waterfront setting, Gulf Harbour offers upscale living in a convenient location close to the beaches and Downtown Fort Myers.
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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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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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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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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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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.
[more] →Fort Myers MLS Map Search
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