Posted by: swfloridarealestate | March 16, 2014

How much house can you get in today’s Cape Coral market?

If you are a house hunter with a smaller budget or even a first-time home buyer in the Cape Coral / Fort Myers real estate market, you can find newer off-water homes with 1,500+ square feet and 3 bedrooms/2 bathrooms starting at $120,000. If desired, a reasonable sized and equipped pool could be added for about $30,000 provided that lot size and shape permit for it.

A newer home with pool, about 1,700+ square feet, 3 bedrooms/2bathrooms on a freshwater canal – a canal system with lakes and basins that does NOT have access to the Gulf of Mexico – starts at approximately $200,000.

The property price always adjusts according to its location and what kind of water access it has. Therefore, the same type house, with about 1,800+ square feet and the desirable boat access to the Gulf of Mexico is currently available starting at $350,000.

An absolute prime location in this SW Florida area would be a property on a canal with unrestricted sailboat access to the Gulf of Mexico. This means, no locks and no bridges interrupt the boat access to the Gulf. A newer house with pool, upgraded interior finishes, such as stainless steel appliances, granite countertops, higher ceilings, and raised panel wood cabinets, 2,500+ square feet, 4 bedrooms/3 bathrooms is available in the price range of roughly $450,000 in this location.

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Posted by: swfloridarealestate | March 11, 2014

Southwest Florida Market is in Full Swing Once Again

Cape Coral Home for Sale

Cape Coral Home for Sale

After a long and hard recovery process from the real estate market collapse a few years ago, the Southwest Florida market is once again in full swing. It keeps growing and is gaining strength. Home buyers are showing the tendency of wanting to buy while home prices are still attractive and before mortgage rates are further increasing.

The Cape Coral and Fort Myers real estate market shows an evident trend that it is not taken over by speculators anymore as it was before the recession and that means much needed stability is returning to the area. On this note, a highlight worth mentioning from a recent Florida Realtors® report is that the foreclosure crisis can be called almost over. In Florida, the percentage drop in owners receiving a first-time foreclosure notice was dramatic. The state had 6,744 foreclosure starts in November, an 18.02 percent decline month-to-month and a 45.9 percent drop year-to-year.

The Realtor Association of Greater Fort Myers and the Beach already predicted at the beginning of 2013 that the outlook is positive. As expected, homes close to the Gulf of Mexico and accessible by boat in areas like Cape Coral, Fort Myers, Fort Myers Beach, and Sanibel are bound to attract investors, foreign nationals and retirees. It is a good time to make an Florida real estate investment now.

Florida’s housing market continues to improve in the third quarter of 2013 with more closed sales, higher median prices, new listings and a stabilizing supply of homes for sale compared to the same quarter in 2012, according to the latest housing data released by Florida Realtors®.

Data shows that the median days on market (the midpoint of the number of days it took for a property to sell) was 48 days for single-family homes and 54 days for townhouse and condo properties. That means 50 percent of homes on the market in Florida sell in less than two months.

The statewide median sales price for single-family existing homes in 3Q 2013 was $175,000 which is up 18.6 percent from the same quarter a year ago, while the statewide median for townhouses and condos properties was $130,000, up 23.8 percent over the same quarter last year.

The demand for new construction houses is on an upward trend as well and the supply is tight once again. The Lee County Department of Community Development released recent data of residential building permits issued. In November, 61 permits were pulled by contractors to build single-family houses compared to only 44 issued in November 2012. Consumers are actually buying homes faster than builders can bring new inventory to completion right now. The pace at which new homes are being moved into is the highest since 2008.

Posted by: swfloridarealestate | November 15, 2013

MLS Listings for Southwest Florida Real Estate & Cape Coral

We Can Help you Find your Cape Coral Dream Home

Florida 2000, Inc. specializes in residential home & vacant land sales in the SW Florida area of Cape Coral, Fort Myers, Bonita Springs, Naples.

  • Looking for waterfront property or interested in new construction? Let us help you.
  • Luxury homes,
  • Condos,
  • Apartments,
  • Gated Community,
  • Golf-course property.
  • We offer property management, vacation rentals, financing, translations, other services

We take care of all your Southwest Florida Real Estate home search needs.

Home in Estero, FL

Estero fl real estate

Estero fl real estate

Source: MLS

Beautiful 4/5 Home in Estero, FL for Sale

Beautiful 4/5 Home in Estero, FL for Sale

This is one of the largest Homes in Grandezza complex. You will get privacy coupled with gorgeous preserve views on an 1/2 acre lot! Based on the Ponte Vedra model, it has 4 bedrooms, 4 1/2 bathrooms, den, family room, living room, formal dining, pool deck & large 3-car garage. Approx. 4,867 sq.ft. total with 3,482 sq.ft. air conditioned. Exterior sliding impact doors 10′ high, imported from Germany. Granite countertops on great gourmet kitchen with & backsplash, wood cabinets, center island & stainless steel appliances. Diagonal flooring, crown molding on tray ceilings, upgraded faucets. Electric & solar heated pool, spa & automation system. Paved pool deck & driveway, tile roof & tropical landscaping package. Lanai is facing SW. Located in Grande Estates, an exclusive gated neighborhood within Grandezza Golf & Country Club with 18 hole golf course, numerous lakes on properties,a 53,000 sq.ft. clubhouse with restaurants & golf pro shop, fitness center, wellness center, Olympic size pool with spa & tennis courts.

Some Amenities in Estero FL Home

  • Pets on approval
  • Community clubhouse(s)
  • Community exercise area(s)
  • Community golf
  • Community swimming pool(s)
  • Putting green
  • Community spa(s)
  • Gated community
  • On-site guard
  • Concrete block stucco
  • Tile roof
  • Dishwasher
  • Refrigerator
  • Clothes dryer
  • Built-in oven
  • Breakfast bar
  • Pantry
  • Tub and separate shower
  • Ceiling fan(s)
  • Walk-in closet(s)
  • Security features
  • Public sewer service
  • Insulated windows
  • Storm windows
  • Tinted windows
  • Carpet
  • Tile flooring
  • Laundry sink
  • Laundry room/area
  • Central air conditioning
  • Central heat
  • Self-cleaning oven
  • Microwave oven
  • Cooktop range
  • Disposal
  • Public water supply
  • TV cable available
  • Southwestern exposure
  • Landscape sprinklers
  • Oversized lot
  • Attached parking
  • Automatic garage door
  • swimming pool
  • Heated pool
  • In-ground swimming pool
  • In-ground, screen enclosed swimming pool
  • Solar heated pool
  • Office
  • Foyer
  • Spa
  • Tennis court
  • Family room
  • Formal dining room
  • Breakfast area

Please see our website for more information on great Estero and Fort Myers FL Homes for Sale.

Sven Milberg Fort Myers Realtor

Sven Milberg Fort Myers Realtor

Sven Milberg Fort Myers Realtor
Posted by: swfloridarealestate | July 3, 2009

CAPE HOME SALES BREAKING RECORDS

The total number of sales is an indicator of turnover in the Cape Coral, FL market. Home sales in Cape Coral, FL for April 2009 totaled 727, which is up 4% compared to the transactions recorded in March 2009. Total number of sales can help homeowners gauge when to sell a home.  Sales volume can occur during a time of prosperity or hardship.  Therefore it is important to compare the sales price to the home value to determine if there is growth or contraction in the market.  Home buyers can use the same information to identify areas where sales are occurring.  Because home prices lag sales volume, prices typically increase as more sales occur.

The total number of sales is an indicator of turnover in the Cape Coral, FL market. Home sales in Cape Coral, FL for April 2009 totaled 727, which is up 4% compared to the transactions recorded in March 2009. Total number of sales can help homeowners gauge when to sell a home.

Cape Coral Home Sales Volume 2005-2009

Cape Coral Home Sales Volume 2005-2009

Even compared to 2006, when sales were peaking high, sale volume in April 2009 is higher. We can also expect appreciation in the value, because home prices lag sales volume, prices typically increase as more sales occur.

So just hang in there!! Looks like we can finally see the light in the end of the tunnel here in SW FL…

Posted by: swfloridarealestate | June 9, 2009

SW FL 360 Launches new Luxury Virtual Tour Packages

SWFL360, a growing SW FL Virtual Tour Company has launched a brand new product in May. You can check out their new website at:

www.Luxury360Tours.com 

They have been doing gourgeous virtual tours for quite some time in SW FL, but now, besides the beautiful photography you will also get:

  • Complete website to market your property
  • DVD with a photo presentation of the house
  • Marketing printed material
  • Sunset or aerial shots of the property
  • Many other features…

Check out a full sample of the final product here: 

sample.luxury360tours.com

They are running a special for the first few people that order, so hurry in and get a great deal : 

coupon

Posted by: swfloridarealestate | June 9, 2009

How much home can you for $500K? Islands, acreage within reach

A lake view, wood floors, a recently remodeled kitchen, a pool and a double lot.

This Sanibel Island home serves as an ideal example of how today’s single-family housing market in Lee County compares to that of the super-heated atmosphere of its 2005 peak.

The asking price for the home in the island’s Gumbo Limbo section is $539,000. In 2005, it probably would have been in the $700,000 range, said Brian Johnson of VIP Realty Group on Sanibel, which is handling the listing.

“It’s just a beautiful house. I didn’t think I’d see a house that nice at that price point. Around $500,000 for that? That’s a great deal. Certainly, times have changed.”

This is the fourth installment of the News-Press’ examination of how the 2009 version of the county’s housing market stacks up against that of 2005, when it was at its zenith. The overview started the series, and we are looking at six different price points, including this week’s focus — $500,000 — or what’s available for between $450,000 to $500,000.

Realtors say the inventory of such homes is generous and as with other price ranges, house hunters can find much more for their money than four years ago.

Larger lots, upgraded interior finishes, more square-footage and a more desirable waterfront location can all be had by shoppers able to swing roughly $500,000 for a home.

Activity in that market is brisk currently, said Dru Martinovich, a Realtor for Premier Properties in Bonita Springs.

“The market is like lasagna,” she said. “It cools in layers and it heats up in layers. $500,000 is pretty hot right now.”

On Fort Myers Beach, a three-bedroom, two-bathroom, furnished home along a deep canal, with a dock and boat lift, is available for $425,000. A short, unobstructed cruise to the Gulf of Mexico, deeded beach access and shopping nearby are a just a few of the home’s other qualities, said Patricia Reidy of Coldwell Banker Residential Real Estate, which is handling the listing.

In 2005, it would have sold “I would say for the $600,000 mark,” she said.

The price range was dominated by older, off-water homes and an off-water listing probably would have been a “little shack” that people bought for the land,” Reidy said.

A 10-acre spread on a rural lane in Alva, with a remodeled home designed by its architect owner, is on the market for $498,000. The grounds also contain a three-stall barn and a detached building that can serve as an office or small apartment. Bedman Creek flows through the property.

“It’s really pretty,” said the listing agent, Randy Lauer of Intracoastal Real Estate in Alva. “It’s got tons of oak trees on it and Bedman Creek has a sandy bottom, so the water remains clear all year long.”

The list price was about $900,000 when the home hit the market roughly 18 months ago, which is what it might have fetched during the market’s peak, he said.

Susan DeShong of Premier Properties cited the Copperleaf section of the Brooks development in Bonita Springs to illustrate what buyers in the price range couldn’t have accessed in 2005, but can today.

Copperleaf has detached villas that today average about $473,000, but during the boom would probably have averaged $640,000, she said. Country club membership is bundled into the purchase price of homes in the gated community.

“That would buy you a very nice home,” DeShong said of what can be found in the Estero-Bonita area for $500,000. “You can get newer construction, to new construction. The builders are offering very nice discounts.”

More price reductions are likely in this market sector, according to Brett Ellis of Re/Max Realty Group in Fort Myers. Speculators didn’t overwhelm this price range to the same degree they did less expensive market sectors, so prices in the upper ranges haven’t plummeted either. As prices for more affordable housing rise, it’s likely prices in the $500,000 range will drop to capture buyers, he said.

From the News-Press

Posted by: swfloridarealestate | May 29, 2009

Housing Help in Lee County

Thousands of Lee County families are waiting for federally subsidized housing and programs.

Lists for Section 8 – a program that gives people a voucher to choose private housing and pay an affordable rent based on income – stretch years long and are closed to new applicants.

They’re not expected to open any time soon.

Public housing lists in Lee County and Fort Myers are open and waits endure from months to a year or more depending on the development. Here’s some information on applying.

Who is eligible? Lee officials say that very low and extremely low-income people who are disabled, elderly and part of families are given preference. Very low income is $30,350 for a family of four and extremely low is about $18,000.

Fort Myers officials accept applicants between the low and extremely low income limits. The limit for a low-income family of four is about $48,000.

How to apply? Applications are taken from 8:30 to 11 a.m. Tuesdays and Thursdays for the 142 units through Lee County Housing Authority at its North Fort Myers office, 14170 Warner Circle NW. In Fort Myers, people can apply from 8:30 a.m. to 4:30 p.m. for the roughly 800 subsidized units at any of the six subsidized Fort Myers authority’s developments. The public housing office is based at 4301 Veronica Shoemaker Blvd.

Find a list of developments at news-press.com or hacfm.org, and go to Become a Resident.

People can also print an application from the site and mail it to any of the developments.

Can I get in sooner? Housing officials recommend applying for several developments instead of just one. The Fort Myers authority allows people to mail applications with a different cover sheet for each development to any one of its developments.

In Fort Myers, the wait is shorter for the senior developments, which permit people who are age 55 and older.

What to bring? Lee officials require Social Security cards and a photo identification for all family members to start an application and will likely ask for more information such as income-related documents.

Fort Myers officials require birth certificates and Social Security cards for all family members and applicants should expect them to ask for more as well.

Both authorities conduct background checks.

Some good news? Sherri Campanale, director of housing operations for the Fort Myers authority, said the list isn’t as long as anticipated. She said rents have gone down in response to the housing crisis and rental developments are offering deals. “There are a lot more options for clients than there were,” she said.

For more details go to news-press.com, or the Fort Myers authority at hacfm.org or 344-3220 and the Lee authority at leecountyhousingauthority.org or 997-6688.

From the News-Press

Posted by: swfloridarealestate | December 3, 2008

High Sales and Low Prices in October in Lee County

Lee County’s existing-home market experienced a slight dip in sales and prices in October – and that may be good news.

That’s because the pace of homes being sold continues to be quick while prices slowly fall.

The price of an existing single-family home in the county sold with the help of a Realtor dropped 2 percent to $139,500 in October while the number of homes sold fell 3 percent to 720, according to statistics released Monday by the Florida Association of Realtors…Continue

Posted by: swfloridarealestate | December 3, 2008

New Real Estate School Opening in SW FL

Experienced real estate instructors Barbara Cleaver, Bob Petersmith and Mel King have established a real estate school, the Royal Institute of Real Estate.

The school will offer complete education in real estate, including appraisal, pre- and post-license sales, pre- and post-license broker, mortgage brokers and other national designation courses.

Call 274-5588 for more information.

From the News-press

Posted by: swfloridarealestate | December 3, 2008

Foreclosure Delay: Will it help or hurt?

Gov. Charlie Crist on Monday announced a 45-day moratorium on home foreclosures – but Lee County lenders and court officials said the measure would have little effect here and might actually harm the economy.

Foreclosure Drop Sharply Lee County

County Clerk of Courts Charlie Green said the moratorium is ill conceived because it will interfere with a plan by court officials to push more than 25,000 backlogged foreclosure actions through the court system.

“Has the government become Santa Claus?” Green asked sarcastically. “The government’s the reason we’re here, with all the loose lending policies” that encouraged people to borrow beyond their means…Continued

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