lee county: Lee County apartment complexes lead way for mega-real estate deals
- 01/05/21 07:23 AM
In Lee County, multi-million-dollar real estate deals seemed immune to COVID-19-related economic repercussions. The year began and ended with record-setting apartment complex sales. In between, the top 10 land deals for 2020, as compiled from public records by records-hunting real estate broker and analyst Paige Rausch of Aslan Realty Advisors, showed apartment complexes comprising a big chunk of the transactions.
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lee county: Lee and Collier Counties show top S/F rental rate increases
- 05/17/16 11:25 PM
Wonder what this does to the people in Lee and Collier Counties whose jobs just don't pay enough to meet these type of increases? On the opposite side of the fence.....investors are winning if rental rates have continued to increase, vacancy rates declined, tenant retention is relatively stable, and delinquency rates have remained low.
Chart by: RentRange, Top 25 U.S. Metropolitan Statistical Areas by average rental rate increase for single-family homes between first quarter 2016 and the same quarter in 2015. … (1 comments)
lee county: Channelside apartments- Fort Myers sold for $55MM ($170k per door)
- 04/23/16 02:15 AM
Channelside Apartments LLC 11100 and 15031 Gladilous Drive Fort Myers, FL 325 Units Purchase price: $55,000,000 Per door price: Approximately $170,000 The raw land price for this site, which was owned-developed by Mcgregor 325 LLC was $4,500,000. The approximate price for the construction of the rental community was $26,000,000. The general contrat/builder was Brooks & Freund. This acquisition, completed in April 2016, certainly gives a good idea of the market in Fort Myers, and demand for rental units. Information sources: Lee County Clerk of Court, Lee County Property Appraiser. Research completed by: Paige Rausch Email Contact information for further detail on this or other market activity: paigerausch@earthlink.net
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lee county: WEEKLY MORTGAGE FORECLOSURE FILINGS REPORT LEE COUNTY, FL
- 07/11/11 01:56 AM
WEEKLY MORTGAGE FORECLOSURE FILINGS REPORT (LEE COUNTY CIRCUIT) FILED BETWEEN 07/05/11 AND 07/08/11 07/05/11 Tuesday 27 07/06/11 Wednesday 18 07/07/11 Thursday 14 07/08/11 Friday 18 Weekly Total 77
9. 5/23/2011 $2,500,000 BARNES THOMAS C JOHNSON MERCEDES TRUSTEE 8. 5/4/2011 $2,711,000 PARADISE GOLF PROPERTIES INC LENNAR HOMES LLC 7. 5/11/2011 $3,150,000 SHORELINE REMAINDER LLC SANIBEL SHORELINE LLC 6. 5/4/2011 $3,200,000 WOOD RYAN MCMILLIN JEFFREY T 5. 5/5/2011 $4,500,000.00 CHALFANT MATTHEW C AQUILA FRANCIS J 4. 5/16/2011 $4,500,000.00 SPECIAL ACQUISITIONS VI INC BACK BAY RESORTS SWF LLC 3. 5/20/2011 $7,000,000.00 LAND HOLDING LLC PINE ISLAND JV SRT LLC 2. 5/3/2011 $8,000,000 TOWNE PLACE UCA LLC FLORIDA GULF COAST UNIVERSITY 1. 5/2/2011 $18,000,000.00 LIGHT DANIEL … (2 comments)
Breakdown by property type: Commercial 4 Homestead 33 NonHomestead 27 Weekly Total 64
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lee county: Florida Court Must Answer Charges of Rushing Foreclosures By May 8th
- 04/19/11 02:39 PM
The American Civil Liberties Union filed a petition on April 7th 2011 in a Florida appellate court charging that the foreclosure court system in Lee County systematically denies homeowners a fair opportunity to defend their homes against foreclosure.
According to the ACLU’s petition, officials in Lee County seek to clear the foreclosure court docket as quickly as possible, at the expense of complying with basic procedural rules. Despite explicit instructions from the chief justice of the state supreme court that reducing the backlog of foreclosure cases should not “interfere with a judge’s ability to adjudicate each case fairly on its merits,” … (2 comments)
IMPACT FEE RECOMMENDATIONSAn independent study funded by the county recommends increasing most road impactfees and lowering the school fee. According to the report:
PROPOSED IMPACT FEES School Impact Fee Update Study (477 KB)Direct to Public Hearing (BCC) Sept 9, 9:30 a.m.**Local Planning Agency (LPA) Sept 22, 8:30 a.m.**Affordable Housing Committee (AHC) Sept. 22, 2:00 p.m.*BCC Public Hearing Sept 23, 5:05 p.m.** Road Impact Fee Update (1.73 MB)Direct to Public Hearing (BCC) Sept. 9, 9:30 a.m.**Executive Regulatory Oversight Committee (EROC) Sept 10, 2:00 p.m.*Land Development Code Advisory Committee (LDCAC) Sept 12, 8:00 a.m.*Local Planning Agency (LPA) Sept 22, … (2 comments)
lee county: Amendment 1 will save many property owners tax money this year
- 08/21/08 12:25 AM
Lee County Appraiser foresees 80 percent will see drop in taxable value! Property owners may believe their property is worth less now than the appraiser indicates on the notice. They could be right, but Property Appraiser Ken Wilkinson said people need to remember the value is based on comparable sales in 2007. Values may have dropped since then, but only sales made in 2007 can be the basis for the market value. Wilkinson said 80 percent will see reductions in taxable value. • The "exemptions" box on the trim notice will reflect the additional homestead exemption if it is applicable. … (3 comments)
In Lee County, multi-million-dollar real estate deals seemed immune to COVID-19-related economic repercussions.
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