Members of an advisory board at Mediterra plan to make a counter offer to the Bonita Bay Group to purchase their club within two weeks.
In a member update July 7, the board said it was reviewing the developer’s offer “carefully” and that it would submit a counter offer in 10 to 14 days.
“We think we [...]

BONITA SPRINGS — The Lutgert Companies has introduced its newest model residence in Esperia South at Bonita Bay. The two-bedroom, den, three-bath Residence 2502 has 2,730 square feet of interior space, complemented by 320 square feet of outdoor space on two terraces.
The great room and dining room share an L-shaped space that opens onto a [...]

Taylor Morrison’s 3,000-square-foot, three-bedroom Cassini detached villa residence reflects the graceful elegance found throughout the Treviso Bay community. The interior has been designed in a Castilian-Tuscan European style by Peggy Oberlin, ASID, NCIDQ, LEED AP of Agostino’s Design Group.
Wood beamed ceiling detail, arches, wooden columns and varying shades of copper are found throughout the unique [...]

A guide for homebuyers looking for pet-friendly condos on the Gulf of Mexico is now available.
Compiled by Jutta V. Lopez, Realtor with Premier Properties of Southwest Florida, the guide “My Pet Loves Naples” identifies approximately 55 luxury condominium buildings overlooking the Gulf of Mexico.
Lopez has been a Naples resident for 14 years and specializes in [...]

When buyers and sellers are looking at the real estate market, they often focus on national reports of the overall market neglecting the fact that each market is unique. Even within local markets, we see different properties moving at a different pace than other areas of the market.
Figure 1a – Marco – Four Year Sales [...]

Members of the Club at Mediterra won’t accept the Bonita Bay Group’s liability for about $50 million in deposits made to the Bonita Bay Group, the club’s advisory board said Tuesday.
Bonita Bay, based in Bonita Springs, is a high-end developer with serious financial difficulties. It owes $120 million to a consortium of banks headed by [...]

Southwest Florida’s real estate market is down, but it has been down before and will recover because of the area’s attractive lifestyle.  That was the message from experts at a town hall meeting held this evening by the University of Florida Friends and Alumni of Real Estate at the Islamorada Fish Co. restaurant at the [...]

The sign on the wall in my high school football locker room read, “Failing to Prepare, is Preparing to Fail.” Never has this been truer if you are considering buying a foreclosed property today. There are many pitfalls that can befall the novice foreclosure property buyer. Failing to prepare in this case can cost you [...]

Property tax rates will stay the same for Lee County homeowners next year — at least for those who don’t live in one of the dozens of special taxing districts.  County commissioners voted Monday to establish the same maximum county-wide tax rate. They could vote to lower it at budget hearings in September but cannot [...]

In the 2008 Florida legislative session, House Bill 601 became law. This bill contained some confusing and ambiguous changes to the laws pertaining to condominium insurance. Much of the problematic language was to be removed in this year’s 2009 legislative session with the passage of Senate Bill 714.
The problem, however, is that the governor recently [...]