Archive for the ‘Bonita Springs News’ Category

March Sales Report: Bonita Springs Florida Waterfront Property

What’s been selling in Bonita Springs Florida Waterfront Properties?  See our March Sales Report that includes all sold properties, average days on market, average sale price and more.  Also see year to date sales,  sales trends and more…BONITA SPRINGS WATERFRONT PROPERTIES MARCH SALES REPORTS

Read the rest of this entry »

March Sales Report: Bonita Beach & Barefoot Beach Florida

What’s been selling in Bonita Beach & Barefoot Beach Florida.  See our March Sales Report that includes all sold properties, average days on market, average sale price and more.  Also see year to date sales,  sales trends and more…BONITA BEACH AND BAREFOOT BEACH MARCH SALES REPORT

Read the rest of this entry »

Bonita Bay developer being sued by Florida attorney general’s office

Attorney General Bill McCollum today announced that his office has filed a civil lawsuit against high-end, Bonita Springs-based developer the Bonita Bay Group — alleging that the company took hundreds of thousands of dollars in “membership fees” to country clubs, marinas and other social establishments, but failed to provide the promised refunds.
The lawsuit alleges that [...]

Read the rest of this entry »

Big land deal: Nearly 700 acres sells for $8 million in Bonita Springs

Land Solutions, Inc. has successfully brokered the sale of about 690 undeveloped acres located on Bonita Beach Road formerly known as Bonita Beach Golf Club. The parcel is permitted for residential development. The $8M sale from RC Properties, LLC to BB Road, LLC also included 724 acres of off-site mitigation parcels located in Lee and [...]

Read the rest of this entry »

Shadow Wood, Commons Club members purchase clubs’ assets from Bonita Bay Group

The members of Shadow Wood Country Club and The Commons Club at The Brooks in Estero on Friday completed the purchase of their clubs’ assets for a combined $8.25 million, according to a statement released Friday by the Bonita Bay Group.
More than 90 percent of current members joined the new member-owned clubs under an agreement [...]

Read the rest of this entry »

Look ahead: Lee County real estate uncertainty will remain in market

2009 was a turbulent time for real estate in Lee County, with home values drastically falling before stabilizing in the fall as buyers entered the market with a vengeance, drawn by fire-sale prices. Meanwhile, the commercial market — long seen as more solid than residential — started to show cracks late in the year as [...]

Read the rest of this entry »

Bonita Bay Club members reach deal to purchase assets

The Bonita Bay Club Turnover Committee and Bonita Bay Group today reached an agreement in principle for the members of the club to purchase the club assets for a total of $12 million, including contributions of $11.5 million from the members of the new club, according to a statement released today by the company.

Read the rest of this entry »

Lee County foreclosures still trending downward

The foreclosure rate in Lee County in November slowed to levels last seen more than two years ago as the real estate boom’s glut of heavily financed, inexpensive homes finally burns itself out.
But commercial properties and more expensive homes could fuel a new wave of foreclosures – perhaps not as many but at much higher [...]

Read the rest of this entry »

Home resales rose more than 60 percent in October in the Fort Myers area

Home resales rose more than 60 percent in October in Lee County.
Members of the Realtor Association of Greater Fort Myers and the Beach Inc. closed 63.6 percent more single-family homes last month than they did in October 2008. Nearly 70 percent of those transactions involved foreclosures or short sales – sales made for less than [...]

Read the rest of this entry »

Bonita Bay to rethink access

Bonita Bay’s top executive said the company will re-evaluate a decision to offer public access at Bonita Bay Club — its private, flagship community.
The developer’s decision last week to create a preview program where prospective members can enjoy full club access without making an equity purchase for the cost of dues only, met with heavy [...]

Read the rest of this entry »