cape coral real estate: Wind Inspection Affects Florida Homeowner Insurance Premiums - 08/12/08 01:02 PM
Wind Inspection affects Florida Homeowners Insurance Premium
Previously, we have posted several articles about getting a Florida Wind Inspection under the present, but soon expiring, state funded program.  Look up previous posts using the keyword "insurance".
Today we received our Homeowners Renewal from ASI Assurance and it was interesting reading.
Bad News....The premium went up from $7,357 to $10,241.   Yes, I have a large home on a golf course in Cape Coral, Florida.
Good news.....Multiple Discounts on the premium due to the wind inspection report are just over $7000.                      Also got a New Dwelling discount (why not last year????) and … (0 comments)

cape coral real estate: Waterfront Lot in NE Cape Coral Florida $49,000 Seller Financing - 08/08/08 02:07 PM
We have one fine waterfront building lot which is a corner on intersecting canals, one of which is the Alligator Slough, a major freshwater canal across the Northern side of Cape Coral.
The lot is offered at $49,000 with some seller financing available. 
A recently opened access from this area to Del Prado Blvd makes for easy driving to a new shopping mall with grocery and restaurants.  It is also quick out to US Hwy 41 in North Fort Myers and the free bridge into Fort Myers.

There are new homes in the immediate area of this lot.  Fishing is GREAT … (1 comments)

cape coral real estate: Luxury Pool Waterfront Home in Cape Coral Reduced to $299,000 !!! - 08/08/08 01:41 PM
$299,000 for this Nearly New (2006) Luxury Waterfront Pool Home in Central Cape Coral, Florida.1886 sq feet under air, 3 bedrooms, 2 baths, POOL, Waterfront with a Seawall and DockIn a quiet neighborhood near Santa Barbara Blvd and Veterans Parkway.  Close to shopping, Restaurants, Services and the major route ...
see details and pictures on this home's personal website:

Front Entrance for the Luxury Cape Coral Florida Waterfront Pool Home

Interior View of the Luxury Cape Coral Florida Waterfront Pool Home.

 Pool and Waterfront View of the Luxury Home in Cape Coral Florida.
James R. Gibson, … (0 comments)

cape coral real estate: Newly Listed REOs in Cape Coral and Lehigh Acres - $135,000 never lived in - 07/18/08 02:20 PM
My agency just listed a bunch of REOs (bank-owned properties) in Lehigh Acres and Cape Coral, Florida.  This is just a sampling of one model, the Buckingham. Prices vary somewhat, but most are at $135,000.  Most homes are NEW, never lived-in.  I will not give an address because we have eight of them all me for addresses of whatever is left.  These homes were given back to the bank by Deed-In-Lieu of Foreclosure (DIL), so there is none of the "Short Sale Stall" or "The Asset Manager is on Vacation" stuff.  Once the bank owns the property, they suddenly take an interest … (0 comments)

cape coral real estate: 1815 Embers Parkway, Cape coral, FLorida, 33993 - 07/01/08 08:17 AM
Four Lots - 160 feet of frontage on Embers Parkway.  Clear Lot - no trees.  $46,000. 
Seller owns four contiguous 40' lots - will sell two or four.  These lots have a city water line but have not been served with an assessment for water as yet.  No sewer or irrigation water lines are contemplated at this time.  A zoning variance was granted for a model home across the street.
OWNER FINANCING AVAILABLE!!!  Call for more information.

MLS# 200836257  Agent has a beneficial interest in the property.
see more information on my website:  www.JimGibson.BIZ
Jim Gibson, Florida Realtor, MBA, E-PROcell … (0 comments)

cape coral real estate: 4924 Tudor Drive Moonlight Bay Condos, Cape Coral, FL 33904-9477 - 07/01/08 08:00 AM
We just listed a very nice (age 55+) SailBoat Access unit in the Moonlight Bay Condos just off the Bimini Bay in Cape Coral.  Close to Restaurants, shopping, services, convenience store, etc. in downtown Cape Coral, but on a quiet cul-de-sac drive along a saltwater canal.  Catch your dinner off the dock!!!  Nice pool, well-kept building and grounds.
See the virtual tour at www.JimGibson.BIZ .   Look for "Cape Coral Area Listings" and find the Tudor Drive address.

MLS #200834630
Jim Gibson, Florida Realtor, MBA, E-PROcell 239-823-3469

cape coral real estate: 227 SW 28th Terrace, Cape coral, Florida 33914 - 05/14/08 02:00 AM
$325,000. for this Nearly New (2006) Luxury Waterfront Pool Home in Central Cape Coral, Florida.
1886 sq feet under air, 3 bedrooms, 2 baths, POOL, Waterfront with a Seawall and Dock
In a quiet neighborhood near Santa Barbara Blvd and Veterans Parkway.  Close to shopping, Restaurants, Services and the major route into Fort Myers and over to I-75.

This home has been rented for one year under the careful tutelage of a reputable Rental Management Firm.  Nearly New in every respect.  One of the finest examples of luxury homes in Cape Coral Florida Real Estate.  Tile Roof, Automatic Lawn Sprinklers...City … (1 comments)

cape coral real estate: 334 NW 17th Terrace, Cape Coral, FL 33993 - 05/13/08 12:20 PM
Pre-Foreclosure Short sale.  FOUR Bedrooms, THREE baths, POOL home
$210,000. for 2800 square feet under air..... That's just $75/sq ft for a premium home!
Let's go after this home NOW before the bank gets it!We are in contact with the bank and we believe that they will accept an offer at this level.
This home has tile floors except for carpeted bedrooms.
Deluxe ceiling fans....Automatic Lawn Sprinklers....Huge ool Lanai.
Pool Bath Shower.
This a fine Cape Coral Home in a nice neighborhood with newly paved streets.
Located just off Diplomat Parkway, it has easy … (4 comments)

cape coral real estate: 3053 NW 3rd Avenue, Cape coral, Florida 33993 - 05/12/08 02:39 AM
Bank-Owned Property.  NEW, Never-Lived In, REO.
$115,000.  works out to just $81./sq ft of living space
This home has an optional Rear Screened lanai and 450 sq ft garage !!

Note that the total (living area plus garage plus covered lanai) square footage of this home as reported by the Lee County  FloridaProperty Appraiser is 2128 sq ft.

We have other foreclosed homes (REOs) which were built by the same builder.  Investors failed to honor their contracts, so these NEVER-LIVED-IN Homes are available for low, low prices.  We also have a few bank-owned homes available in Lehigh … (2 comments)

cape coral real estate: Bank-Owned Home For sale (REO) Cape Coral Florida 2818 NW 24th Avenue - 05/08/08 07:57 AM
We have a new listing of a bank-owned home in Cape Coral, Florida. 
Priced at:          $152,000.  ($85/sq ft under air;  $65/sq ft total)
Located at:       2818 NW 24th Avenue, Cape coral, Florida
This home is a Buckingham Model by First Homes.  It has a den and has 1785 square feet under air conditioning.  Total square footage, including the garage and entry is 2340.
 You cannot build a quality home this cheaply!  Take advantage of the bank's inventory issues!
Pictures from the builder's Model.
We have another Buckingham  in Cape Coral which will come on the MLS shortly.
We also have one bank-owned Buckingham in Lehigh Acres, … (0 comments)

cape coral real estate: Cape Coral Florida Golf Course Homes - 05/03/08 06:02 AM
As we begin the long recovery in real estate sales and prices, many real estate investors are coming back to test the waters.  The primary motivation seems to be that they can buy inexpensive homes now, rent them at a small negative cash flow for three years and then turn the investment over for a nice total return.
Where I have questioned this practice is whether buying the low-end homes will give the best total return.  It seems to me that buying mid-range homes on a golf course or on waterfront lots would seem to give more acceleration on price looking down … (3 comments)

cape coral real estate: Lee County Florida Real Estate today - 05/02/08 02:35 AM
The Lee County Real Estate Market is improving for some folks and getting worse for others.
According to an article in the Business & Money section of the News-Press this morning, "Foreclosures hit new high".  Foreclosure "actions" filed in Lee County in April spiked up sharply to a new high of 2160.  By "actions filed", one would assume "Lis Pendens", meaning that the mortgage holder has initiated the first legal step of filing notice to the homeowner and the rest of the world that they are beginning the process of taking the home.  for each of the homeowners, there is still a long … (1 comments)

cape coral real estate: Glut of Homes Shrinking in SW Florida - 04/30/08 03:10 AM
The headline in today's business section jumps out to say that the Glut of (vacant) Homes in Lee and Collier Counties (Florida) is SHRINKING.  Now I just wish that the headline was on page one of the main section, like all of the negative reporting has been, but I'll take what we can get!
Yesterday I was working up a listing price for a luxury home in central Cape Coral.  We had tried unsuccessfully to sell the home a year or so ago and had very little interest from anybody, regardless of price.  The owner rented it out at a negative … (0 comments)

cape coral real estate: Coral oaks Golf Course Home Reduced - 04/27/08 01:16 AM
Coral Oaks Golf Course 3/2/3 Pool Home;  1607 NW 31st Avenue, 33993         $369,000.
2437 sq ft under air,  4714 sq ft totalVaulted ceiling in the family and dining rooms, Trey ceilings in the bedroomsHeated Spillover SPA, Saltwater Pool for low maintenance18" tile floors throughout;  paver-brick driveway and pool deckGolf Cart garage with overhead door;  600 sq ft garageExtra large master bath with walk-thru shower and Roman tubGranite counter-tops, architectural plant shelves throughoutBuilt-in entertainment center, surround sound, speakers in all rooms & verandahWhole-House reverse osmosis system with 800 gallon reserve tankLarge walk-in Closets in all bedrooms, two in the MasterPaver Driveway and Pool … (1 comments)

cape coral real estate: Clients with Short Sale or Foreclosure Real Estate - 04/20/08 06:50 AM
As a Realtor, I am often asked to "advise" a potential client on Short Sale or Foreclosure situations.  since I am not an Attorney, I demure from giving advice, but I will refer people to attornies who are specialists in their field.  I repeat, SPECIALISTS, because I find that even attornies do not necessarily have all of the information necessary to properly counsel people in this situation.
Some things that I have noticed in other BLOGS...1.  One Realtor warned of DIRE CONSEQUENCES to Short Sale or Foreclosure situations, predicting that any action resulting in loss to the bank would probably result in … (2 comments)

cape coral real estate: Cape coral Real Estate Market -Conflicting Messages - 04/19/08 12:27 AM
Reading the local papaer this morning, I saw two conflicting messages:
First of all, a liquidation sale in a gated community resulted in a total sellout of 116 homes in just two weeks.  Seventy percent were sold to homesteaders.  So much for the idea that there are no buyers out there.  This, after the recent Countrywide auction that attracted hordes of qualified buyers, even though Countrywide seems to be a little challenged when it comes to conducting an auction.  Then there is the mesage that actual closed sales has hit a peak recently not seen for about 18 months.  Every title company … (0 comments)

cape coral real estate: Reinvention is chicken soup for the soul !!! - 04/17/08 11:23 AM
To the lady in Poughkipsee who reinvented herself from the airline industry into real estate.  Hoorah for you!  That's a great story. 
 As a "reinvented" veteran of the travel industry, I can relate to your story.  Over twenty previous years in the hi-tech industry (with five different companies), my biggest customer was always Big Blue and Poughkipsee was my monthly.  Stayed many nights at The Inn at the Falls after I figured out that the two motels out on the highway were invented to torture people before their visit with the gods.
so I morphed into the travel industry and it was fun for … (1 comments)

cape coral real estate: Cape Coral Real Estate - over-priced? - 04/16/08 03:03 PM
I was setting up an itinerary for homes this evening.  Buyers are a nice young couple from the East Coast, anxious to make a go of it in Cape coral.  They have a definite price point in mind, so we are searching for the best value we can find at that price.  Not unusual for persons moving into the area, but different from bottom-feeding methods when you just want the rock-bottom price for a given square footage.  Buyers also stated that they do not want to play the short sale game.
What I found in my search is that prices ranged from … (2 comments)

cape coral real estate: My Broker Got onboard with Lee County Florida REOs ! - 04/15/08 11:22 AM
What a happy day!  My Broker made our first deal with REOs and we came up with an even dozen listings in the first shot.  We can advertise these listings as individuals and of course we can sell them.
This is an important step....I can see now that very few individuals are going to win a lot of REOs in the Cape Coral Real Estate Market as we go forward.  Having noticed the same names showing up on (most of) the listings for the last year, I have done a little informal survey to find out how they are doing it.  Come … (4 comments)

cape coral real estate: Pending Home Sales Rise in First Quarter - 04/13/08 06:33 AM
Despite conflicting information from two data sources, it is clear that home sales in Lee County Florida have increased during First Quarter 2008.  Home SALES show a small decrease Year-to-Year, reflecting somewhat diminished purchasing activity in Q4 of 2007.  PENDING sales show a 17% increase Year-to-Year and confirm what many Realtors are saying......buyers are beginning to "pull the trigger".  Inventory levels of lower priced homes have fallen ( on a months basis) as Pendings rise.  Obvious reasons include Compelling Prices and Pent-Up Demand.
Many bank-owned properties were priced too high in 2007.  Not being known for aggressiveness, banks were always just a … (3 comments)


Cape Coral Florida Golf Course and Waterfront Homes

Cape Coral, FL

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Gulf Coast Realty Network, Inc.

Mobile: (239) 823-3469

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