Property Scouter Report
Here is a list of 12 condos that were in either foreclosure (bank owned) or short sales - probably on their way to foreclosures, but with bank approved prices for most of them. This week we took a look at properties in CC12 in Cape Coral, either on a canal with Gulf Access, with a boat slip included or with the option to purchase one being available.
About the area: CC12 is a very developed, virtually no empty lots, more condos than signle family homes, and very good access to the river. The area is close to the Cape Coral Bridge which takes you over to Fort Myers, it is near parks, restaurants, shopping. (Map in the side bar link shows part of CC12 for your reference).
Out of the 12 properties we went to go preview there was one property already under contract (property MLS#2008811988 for $83,000), It was a 2 bedroom, 2 bath condo, that had a bad mold smell, no slip included with the sale - we were told that the offer was above asking price. While out and about, we received a phone call from an agent regarding her listing on our list, telling us that another condo we were scheduled to tour was also under contract, money already in escrow and that things were finalized (property MLS#200674942 for $265,000). This property was next to Jaycee Park overlooking the Caloosahatchee River. This property is a short sale, and the appraisal had already been done by the bank, and the price had been approved as well.
Two properties stuck out as plausible bargains. One was a 2 bedroom 2 bath condo, seconds away from the river by boat; Stainless steel appliances, tile flooring, granite countertops, good condition, sun room, built in 1991, boat slip included. It also had high ceilings, basin views, community pool & hot tub, eat in kitchen - and was priced at $150,000. The second was a 2 bedroom 2 bath condo located on a gulf access canal, while this home didn't come with a boat slip, there are boat slips on the property owned by the association that could become available for purchase or rent. This unit is completely turnkey! Furnishings are high end, stainless steel appliances, granite countertops - priced at $175,000 - Ready for anyone in search of a vacation home during those cold winter months. Both come with assigned covered car ports and both are offered as short sales.
While we were out and about, we were waved down by a woman from Germany that was actually looking for property. She toured some homes with us, and we exchanged information. She was looking for a condo, with 3 bedrooms, a large living room and patio/lanai for entertaining and her price point was around $250k.
If you have any questions regarding these properties or any on the list, please call us or email us. We tour properties weekly looking for properties .
All comments are welcomed!
Office:1- 800.439.1580 Ext 52
Fax: 239.220 5039
GFous@marketamericarealty.com
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