Lee County is getting youngerThe Fort Myers area is undergoing a significant demographic shift with the average age of our residents rapidly dropping. Much of this growth has occurred in Cape Coral and Lehigh as families have been attracted to these communities in large numbers. Since 2000, Lee County has added over 100,000 residents. It [...]
[more] →Mayday…..mayday….. Here is a quick May Day look at a key real estate metric, pending to active(p:a) ratio, for the greater Fort Myers real estate market. I like this metric as it provides a macro view of the current market conditions. Fort Myers residential p:a ratio = 8.2% (pending=533 active=6481) Fort Myers vacant land p:a [...]
[more] →Major development pushing eastward The News-Press coverage of the rapidly increasing level of development activity in Alva caused me to pause and think about the future of Lehigh Acres. Each additional step towards the development of the Babcock Ranch also causes me to ponder the future of Lehigh. I recently took the nature tour at [...]
[more] →Westminster area neighbors push for stricter codes The large number of investor owned duplex units in the Westminster area has brought a set new of problems to the area. Many of these duplex units have been constructed without paved driveways and lack any exterior landscaping. Often, the landscaping gets set aside at the end of [...]
[more] →Double up on rental income Pop quiz: What do taxes, traffic, 200+ days of sunshine and duplex rental income have in common? Answer: Sure things in SW Florida. A duplex is a two unit home that can be used in a split manner with one of the units serving as the primary residence and other [...]
[more] →Lehigh Acres gated community Lehigh Acres is now attracting developers interested in building gated communities. MW Johnson Construction of Lakeville, Minnesota is developing Shadow Lakes, a gated and deed-restricted community, in Lehigh Acres. The project will include of 112 estate homes and 138 executive homes with two lakes and will be surrounded by a canal. [...]
[more] →Proximity to Ft. Myers & I-75 The western-most neighborhood in Lehigh, bounded by Lee Boulevard, Alvin Avenue and Buckingham Road is a hot sector of the SW Florida real estate market. Location is everything and this neighborhood is less than four miles to I-75 exit 136 via Colonial Boulevard. Shopping is very convenient from West [...]
[more] →Value increases lead to increased delinquent tax collections Lehigh Acres is one of a kind, 90,000 vacant residential lots and nowhere to build new schools. With 50,000 current residents and capacity for around 300,000 residents when fully built out, Lehigh is expected to need around 25 new schools over the next 20 years. The plan [...]
[more] →600 new homes permitted each month in Lehigh New homes have been rising at a breakneck pace in Lehigh Acres for months, but commercial growth along Lee Boulevard, the area’s main corridor, has been slow to catch up. But with the construction of the Shoppes of Lehigh, a new 25,000-square-foot shopping center at the busy [...]
[more] →Fort Myers MLS Map Search
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