Pre-construction sales activity has commenced in the Phase III section of the popular Sandoval community in Cape Coral. This 100-acre section of Sandoval is the last area to be developed in this gated community located in the Southwest Quadrant of Cape Coral.
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Lee County Florida, home to Fort Myers and Cape Coral, was ranked second nationally in the nine-month period ending January 2012 for the percentage of foreign real estate buyers. In this time frame, 8.5% of all real estate transactions in Lee County involved a buyer with a foreign mailing address.
[more] →The master-planned gated community of Sandoval in Cape Coral continues to bustle with activity this winter season. Buyers are drawn to the resort-style feel of this beautiful community. With spectacular amenities already in place and three respected national builders, D.R. Horton, Pulte and Taylor Morrison currently building in the community, Sandoval should be on any home-buyers short list of neighborhoods to check out.
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Fort Myers is very busy right now with significant numbers of seasonal visitors enjoying our warm sunny weather, beaches golf courses and of course shopping for real estate. In a shift from the past few winters when foreclosures and short sales dominated the market, buyers have shifted their focus to new construction opportunities.
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The 524-acre master-planned community of Sandoval is the shining star of the Cape Coral real estate market. New construction home sales at Sandoval were up 74% in 2011 over the previous year with a total of 120 transactions. New home permits at Sandoval in 2011 accounted for 44% of all the building permits issued in Cape Coral.
[more] →The remaining homesites in Phase Three of Cape Coral’s Sandoval community have been acquired from Bonita Bay Group by Arizona-based builder Taylor Morrison.
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The newest neighborhood in Cape Coral’s mater-planned Sandoval community is called Maravel. This intimate enclave features 138 single-family homes sited around several of Sandoval’s beautiful lakes.
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While foreclosures and short sales still dominate the Southwest Florida real estate headlines, new construction in exciting subdivisions continue to gain momentum in the market. Many buyers, particularly remotely located second home owners, want a new turnkey move-in-ready solution.
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The brightest light in the improving Cape Coral real estate market is the gated master-planned community of Sandoval. Located in Southwest Cape Coral at the intersection of Veterans Parkway and Surfside Boulevard, Sandoval offers a unique living experience in Cape Coral.
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