Real Estate News

Fort Myers High-rise Duel

The battle royale between New Jersey firefighter Victor Vangelakos and Fort Myers high-rise developer the Related Group is an ongoing fight.

Reader Poll: Fort Myers Golf Communities

What is the best golf community in Fort Myers?

North Star Yacht Club in North Fort Myers

Dramatic developer discounts have jump started sales at the North Star Yacht Club in North Fort Myers. This community fronting the deep-water Caloosahatchee River boasts twin 12-story high-rise towers.

Top Lee County Home Sales – January 2010

The most expensive home to sell in Lee County Florida during January 2010 was a Fort Myers riverfront single-family estate located at 14000 Schultz Road, Fort Myers.

Casa Del Rio on Auction Block

Casa Del Rio, the home of former WCI Chairman and former Ambassador to Portugal Al Hoffman, is on the auction block.

Top Lee County Home Sales – November 2009

The most expensive home to sell in Lee County Florida during November 2009 was a Captiva beachfront single-family home located at 11551 Wightman Lane, Captiva.  The Captiva home is 2,200 SF and features 3BR and 3.5 BA.  The home was re-built in 2003 and offers spectacular gulf-front views and beach access.

The selling price was $3.1775M [...]

West Bay Club’s Clean-up Man

The Sarasota Herald-Tribune has an interesting article about Norman Radow, who has been hired to liquidate the real estate portfolio of bankrupt Leman Brothers.  West Bay Club in Estero is one of the assets that Radow is currently focused on.  A big challenge at West Bay Club is that only 617 of the originally planned [...]

Top Lee County Home Sales – October 2009

The most expensive home to sell in Lee County Florida during October 2009 was a Bonita Beach gulf-front single-family home located at 27030 Hickory Boulevard, Bonita Springs.  This Bonita Beach home is 1,801 SF and features 3 BR and 3 BA on a .3-acre beachfront lot.

The selling price was $1.545M / $857 SF.  Congratulations to selling [...]

Affordable Miromar Lakes

Luxury carriage homes for under $250K

If you have ever dipped your toe in the water at Miromar Lakes and thought about buying a home………now might just be the time to dive in.  Home and condo prices at Miromar Lakes have dropped significantly and this wonderful community is now financially feasible for a broader spectrum of [...]

High-rise Foreclosures Targeted by Investors

Investors.com reports that investors are swarming the South Florida market targeting condo foreclosures.  The Miami condo market was severely overbuilt during the bubble years with waterfront luxury high-rise projects.  The “smart” money circling these towers is attracted to prices well below replacement cost.

“A lot of eyeballs are focused on Miami,” said Adam Cappel, president of [...]

Cape Coral Gated Communities

One of the most active search terms on my Southwest Florida real estate website is the phrase “Cape Coral gated communities.”  Every month hundreds Google this phrase in their quest to learn more about gated communities in Cape Coral.

What is it about cape Coral gated communities that draws so many property shoppers?

One of the challenges [...]

A Lonely Oasis

One of the misfortunes of the Southwest Florida housing bust is that the magnificent Oasis I luxury high-rise in downtown Fort Myers has only one resident.  This is truly a shame as the Oasis is a first-class project that delivers a hint of Miami Beach to the River District scene.

The lonely resident is a New [...]

Bonita Beach Ranked 7th Healthiest Nationally

Health Magazine has ranked Bonita Beach as the 7th healthiest beach in the country.  Bonita Beach drew high marks for families with its wonderful shelling at high tide, calm waters for kayaking and the 1,500 acres of  parks fronting the Gulf.

The sand at Bonita Beach was one of the key drivers in this lofty ranking.  [...]

Miromar Lakes Foreclosures

Upscale communities like Miromar Lakes are not immune to the foreclosure fervor that dominates the Southwest Florida real estate market.

At the present time, there are five bank-owned foreclosed homes listed for sale in Miromar Lakes. These homes are aggressively priced to sell quickly in the current market.

The current foreclosed inventory includes a San Marino [...]

Top Lee County Home Sales – June 2009

The most expensive home to sell in Lee County Florida during June 2009 was a Captiva gulf-front single family home located at 16600 Captiva Drive, Captiva. This Gold Coast estate is 13,140 SF and features 6 BR and 8 BA on a 1.12-acre beachfront lot.

The selling price was $7.25M / $551 SF. Congratulations to selling [...]

Miromar Lakes Competes with Ocean Lifestyle

A recent article in the Naples Daily News compares the lifestyle of Miromar Lakes with that of a ocean-front neighborhood. The pristine sandy beaches of Miromar Lakes, free from crowds, parking challenges and the red tide front 700-acres of sparkling lakes.

After passing through the gates of Miromar Lakes, one enters a place like no [...]

Daniels Parkway is Red Sox Country

With the Watermen-Pinnacle site on Daniels Parkway moving forward for the location of the new Red Sox spring training facility, Red Sox fans might be curious to learn more about the area.

Many are already familiar with Daniels Parkway in Fort Myers as it is one of the primary access roads from the airport to much [...]

Top Lee County Home Sales – May 2009

The most expensive home to sell in Lee County Florida during May 2009 was a Captiva gulf-front single family home located at 953 S Seas Plantation Rd, Captiva. This South Seas Resort home is 4,530 SF and features 5 BR and 5 BA on a .93-acre beachfront lot.

The selling price was $4.912M [...]

Fort Myers Luxury Real Estate Coupons

Question: What is the coolest way to announce a 14.3% reduction in the asking price of your $6.995M Fort Myers Riverfront estate home?

Answer: Advertise with a $1M coupon in local and snowbird area newspapers!

The home in question is located at 1210 Gasparilla Drive in the York Manor section of Fort Myers and was featured on [...]

Riviera High-rise Auction Today

The auction of 75 units at the Fort Myers riverfront high-rise building, the Riviera, will take place today. The auction is being held off-site at the Harbourside Event Center and starts at 11:00 AM. If you are planning on bidding, you will need a cashiers check for $10,000 per unit.

Here is a resource [...]

Top Lee County Home Sales – April 2009

The most expensive home to sell in Lee County Florida during April 2009 was a Bonita Bay high-rise condo located at 4931Bonita Bay Boulevard, #1710, Bonita Springs. This Azure Tower condo is 4,240 SF and features 3BR and 4BA.

The selling price was $1.925M / $454 SF. Congratulations to selling Realtor Jim McCormick of [...]

Fort Myers High-rise Update

The News-Press provides an update on the high-rise scene in the Fort Myers River District.

Leasing activity is increasing – drawing in younger tenants
High Point Place sales are brisk – at slightly moderated prices
First Street Village – will move forward in future
Riviera – 75 units to be auctioned on 05/14/09

We have seen significant price reductions throughout [...]

Top Lee County Home Sales – March 2009

The most expensive home to sell in Lee County Florida during March 2009 was a single-family bay-front home located at 1571 San Carlos Bay Drive on Sanibel Island. This recently renovated home overlooks San Carlos Bay with expansive views to Punta Rassa and Pine Island. This home offers 3,121 SF and features 4BR and [...]

Top Lee County Home Sales – February 2009

The most expensive home to sell in Lee County Florida during February 2009 was a single-family lake-front, gulf-access home located at 522 SW 52nd Street in Cape Coral. This home is located in Southwest Cape Coral in Unit 44-1 and has frontage on one of the Cape Coral’s beloved Eight Lakes. This home [...]

Hidden Harbor Preserve

A new luxury community is emerging in South Fort Myers……introducing Hidden Harbor Preserve. Hidden Harbor features saltwater access boating to Estero Bay from a prime location in the heart of South Fort Myers.

Hidden Harbor offers an exclusive intimate setting with just 72 homesites in this 54-acre development. The natural beauty of Southwest Florida [...]

Top Lee County Home Sales – January 2009

The most expensive home to sell in Lee County Florida during January 2009 was a single-family home located at 11515 Wightman Lane in Captiva. Whightman Lane is located in the village of Captiva and is one block north of the famed Andy Rosse Lane. This home is 2,650 SF and features 5BR and 5BA.

The [...]

The Preserve at Corkscrew

Good things tend to happen when Cameratta Properties gets involved with a real estate project in Southwest Florida. High Point Place is the shining star in their Southwest Florida portfolio.

Cameratta Properties purchased the 510-acre parcel from Lenar that was formerly known as Cypress Shadows. This parcel is located in Estero just west of Bella [...]

Fort Myers Gulf Access Homes

Waterfront living in Southwest Florida goes together like rum and coke, Laurel and Hardy, Donny and Marie……

South Fort Myers is home to several waterfront communities offering direct gulf access boating. Many of these communities like Catalpa Cove, Intracoastal Harbour, McGregor Isles and Palm Acres offer residents the opportunity to live in a canal-front home [...]

Sanibel is Boca Grande Alternative

The New York Times published an informative column on the Lee County barrier island of Boca Grande.

Boca Grande sits just north of Cayo Costa Island and offers unprecedented peace and tranquility. Boca Grande residents have the opportunity to rub elbows with the rich and famous as recent visitors have included George H. W. [...]

Top Lee County Home Sales – December 2008

The most expensive home to sell in Lee County Florida during December was a single-family waterfront estate located in the Harbour Preserve neighborhood of Cape Harbour. This home, located at 5502 Harbour Preserve Cir, Cape Coral is 7,662 SF and features 5BR and 10BA.

The selling price was $2.2M / $287 SF. Congratulations to [...]