Bonita Springs, FL Real Estate News

By Chris Griffith, Bonita Springs Listing Specialist - Agent
(Downing-Frye Realty, Bonita Springs, FL)
This is the new Bonita Springs Weekly WrapSeptember 7, 2015 Dill and I walked through Freedom Park and the Collier Freedom Memorial.  A brick for Jeff Lytle and Fred Coyle was being installed.  By the way, I wrote a story about Freedom Park and the Collier County Freedom Memorial in Spotlight a few months ago.  Tons of pictures to look at there, too!September 8, 2015 we stopped by Rural King, which is in Bonita Bay Plaza, to buy bird seed for our back yard entertainment. Continue Reading: Bonita Springs Weekly Wrap Sept 7-12, 2015.
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By Chris Griffith, Bonita Springs Listing Specialist - Agent
(Downing-Frye Realty, Bonita Springs, FL)
Should Your Bonita Springs Home Listing Be OpenJust because a home is for sale doesn’t bean an open house is the best way to market it.  When I list property, whether it is a home or condo, in the Bonita Springs or Estero area frequently I am asked by the seller if there will be any open houses.  The answer is … maybe.  Continue reading: Open Houses in Bonita Springs
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By Chris Griffith, Bonita Springs Listing Specialist - Agent
(Downing-Frye Realty, Bonita Springs, FL)
 Once Upon a Time There Were ForeclosuresSometimes, while I am arriving at a listing appointment I notice things. The front door of a home tells a story; how often it is used, if there are kids giving it wear and tear or if the home or condo has been foreclosed. Continue: Bonita Springs Foreclosure Artifacts
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By Chris Griffith, Bonita Springs Listing Specialist - Agent
(Downing-Frye Realty, Bonita Springs, FL)
Bonita Springs Home Sales ProjectionsSouthwest Florida, including the Bonita Springs and Estero Florida areas are growing by leaps and bounds.  I’ve personally lived in the Bonita Springs area for thirty years and can tell you that I’ve seen Bonita Springs grow from a population of about four-thousand to over fifty-thousand during that time.  So what is pushing this grown in the Estero Florida area?  Who is buying all of the real estate both resale and all of the new construction in Bonita Springs?  Continue reading: 5 Reasons to Buy Bonita Springs Real Estate
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By Chris Griffith, Bonita Springs Listing Specialist - Agent
(Downing-Frye Realty, Bonita Springs, FL)
Depot Park | Riverside Park | Island Park in Bonita SpringsDepot Park is a park behind Riverside Park on the west of the train tracks.  Dogs pets are permitted at Depot Park if they are on lead. Dogs are not permitted in the fenced playground area. There are huge oak trees draped in Spanish moss so there is plenty of shade.  A foot bridge crosses the Imperial River from Depot Park to Island Park another park in Downtown Bonita Springs. Continue: Depot Park Bonita Springs, Florida.
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By Chris Griffith, Bonita Springs Listing Specialist - Agent
(Downing-Frye Realty, Bonita Springs, FL)
New Entry at Worthington Golf and Country ClubToday, I performed a “final walk through” for a buyer who purchased a condo in Worthington Golf and Country Club, a bundled golf community in Bonita Springs. Angela and I have had a productive summer … Continue: Worthington Golf & Country Club Update
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By Chris and Dick Dovorany, Broker/Associate at Premiere Plus Realty
( Homes for Sale in Naples, Bonita Springs and Estero, Florida)
 Pelican Landing Bonita Springs Homes For Sale Sometimes it can be forgotten when looking for a new residence that the Pelican Landing Bonita Springs Florida homes for sale are actually in a golf course community because the name of the course is different from the name of the development.  It is the Pelican’s Nest Golf Club that is responsible for the game in this community.  The Club has two 18 hole layouts that are the creation of the highly respected architect Tom Fazio.  (Mr. Fazio is also the designer of the course at Windstar, the 2 courses at Mediterra and the Old Collier Golf Club, all in Naples.)  The development is located off Tamiami Trail South (US 41), with neighbors which include Bonita Bay to the south, and Pelican Sound, West Bay Club and the Coconut Point Shopping Cent...
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By Chris Griffith, Bonita Springs Listing Specialist - Agent
(Downing-Frye Realty, Bonita Springs, FL)
Tropical Storm Erika – Hurricane Erika 2015The terror and “state of emergency” over tropical storms and hurricanes in Southwest Florida.  If you found this Bonita Springs website by Googling to see what the storms are doing in Bonita Springs because you have a seasonal home here, you’ve come to the right place.  First and foremost, if you are on Facebook, join my Bonita Springs Estero Community Forum or paste this link in your browser: https://www.facebook.com/groups/BonitaEsteroForum/.  Continue Reading Tropical Storm Erica Bonita Springs UPDATE
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By Mike Kozlow, Broker
(Mike Kozlow Real Estate)
 The trend in sales over the 6 years at the Bonita Bay Club reflect two different situations in my opinion. The first is the removal of the uncertainty caused by the boorish behavior of the Bonita Bay Group and the second is the arrival of the "baby boomer" to SW Florida. Continue Reading
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By Olympus Executive Realty Inc., Home Of The Top Producers
(Olympus Executive Realty INC.)
BONITA SPRINGS HOTELS, MOTELS & RESORTS FOR SALE IN BONITA SPRINGS, FL.PLEASE INQUIRE FOR CURRENT STATUS!Contact Kate or Vick,Your Hotel, Motel & Resort Specialist(407)230-7807 / (407)865-2840InvestmentAcquisitions@gmail.com PLEASE CALL FOR CURRENT & UPDATED INFORMATION ON WHAT IS AVAILABLE IN BONITA SPRINGS.Are you looking looking for Hotels, Motels & Resorts to add to your local or Global investment portfolio?   We can represent you in acquistion of any  hotel, motel & resort property in the U.S.Bankrupt Properties / Bank Managed Properties / Regular Sale/ Broken Asset.Proper representation is paramount during the procurement process. Contact a specialist familiar with the fundamental knowledge of the hotel / motel / resort world.The foundation of our asset acquisition procurements is...
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By Garren Grup, REALTOR, ABR, CNE,CDPE, GRI, Naples & Bonita Springs, FL
(John R. Wood REALTORS)
//  // OPEN HOUSE - Sunday, 1-4PMPrivate Cul-De-Sac 2 Story Cedar Creek Home!   OPEN HOUSE - Sunday, August 2nd from 1-4PM   9520 Silver Palmetto Ct, Bonita Springs, FL  34135 List Price:  $550,000 MLS #215032906Beautiful 2 story home with a 3 car garage, pool & spa on one of the most private cul-de-sac lots you will find anywhere. All new granite counter tops and stainless steel appliances in the kitchen and a great open floor plan for entertaining and family make this an ideal property you can move into today!   Tile throughout the first floor & new wood floors throughout the 2nd floor and bedrooms. There’s a great loft space for an office and the incredibly spacious master bedroom also has a remodeled master bathroom. Cedar Creek in Bonita Springs is just 5 miles to one of the 2015 t...
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By Mike Kozlow, Broker
(Mike Kozlow Real Estate)
The following is the sales activity in Vasari for the time period between March 25th and July 30, 2015.There were 35 Condominiums sold for an average price of $287,186 during the period and they were on the market for an average of 252 days. The average discount from asking price was  4.4%; but was off 5.8% from the original  asking price. Available units number 20  and range in price from $160,000 to $529,900 and in size from 1467 sq.ft. to 3101 sq.ft. There were 11 Single family homes sold for an average price of $563,409  and they were on the market for an average of 222 days. The average discount from asking price was 3.4%; but was off 6.6% from the original asking price. Available homes in Vasari number 13 and range in price from $515,000  to $949,900 and in size from 2000 sq.ft. t...
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By Mike Kozlow, Broker
(Mike Kozlow Real Estate)
The following is the sales activity in Lighthouse Bay at The Brooks for the time period between March 25th and July 29, 2015.There were  22  Condominiums sold for an average price of $224,355 during the period and they were on the market for an average of 102 days. The average discount from asking price was 4%; but was off 5.25% from the original asking price.  Available units number 5  and range in price from $194,000 to $329,000 and in size from 1113 sq. ft to 1998 sq.ft.Based on sales for the period, Lighthouse Bay has an approximate 1 month supply of homes for sale. This number would indicate that it is a Seller’s Market reflecting the lack of inventory in The Brooks.For details of the sales at Lighthouse Bay At the Brooks, please visit http://www.swfloridarealestatetobuy.com/ . As ...
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By Mike Kozlow, Broker
(Mike Kozlow Real Estate)
The following is the sales activity in The Colony at Pelican Landing for the time period between March 16th and July 28, 2015. There were 45 Condominiums sold for an average price of $821,226 during the period and they were on the market for an average of 239 days. The average discount from asking price was 3%; but was off 4.3% from the original asking price. Available units number 30 and range in price from $419,900 to $4,350,000 and in size from 1375 sq.ft to 7040 sq.ft. There were 9 Single family homes sold for an average price of $1,373,333 and they were on the market for an average of 220 days. The average discount from asking price was 5.4%; but was off 7.9% from the original  asking price. Available homes in The Colony at Pelican Landing  number 5 and range in price from $919,000...
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By Mike Kozlow, Broker
(Mike Kozlow Real Estate)
The following is the sales activity in Pelican Landing for the time period between February 17th  and July 28, 2015 . There were  27  Condominiums sold for an average price of $316,063 during the period and they were on the market for an average of 94 days. The average discount from asking price was 4.25%; but was off 5% from the original  asking price. Available units number 11 and range in price from $325,000 to $520,000 and in size from 1602 sq. ft to 2438 sq.ft. There were 27 Single family homes sold for an average price of $884,726 and they were on the market for an average of 144 days. The average discount from asking price was 4%; but was off 5.25% from the original  asking price. Available homes in Pelican Landing  number 19 and range in price from $484,500 to $1,450,000 and in ...
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By Chris and Dick Dovorany, Broker/Associate at Premiere Plus Realty
( Homes for Sale in Naples, Bonita Springs and Estero, Florida)
 Condos in Vasari Bonita Springs Florida That are For Sale   The condos in Vasari Bonita Springs Florida that are for sale should be worth a look if you are in the market for a new home with a carefree style of living.  This is particularly true if you would like to play golf in the same community where you live, as this is a “bundled golf” development and club membership is attached to home ownership.  Additional amenities include the clubhouse with locker rooms, dining facilities, business center and exercise room, plus pool, spa, bocce court, jog trails and tennis courts.  It is located off Imperial Street in southern Lee County (which is Livingston Road in Collier County) south of Bonita Beach Road, with neighboring golf developments such as Talis Park, Mediterra and The Strand to t...
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By Chris and Dick Dovorany, Broker/Associate at Premiere Plus Realty
( Homes for Sale in Naples, Bonita Springs and Estero, Florida)
 Single Family Homes For Sale in Village Walk of Bonita Springs Florida  If having a new residence of your own in a “self contained” community is of interest to you, the single family homes for sale in Village Walk of Bonita Springs Bonita Springs Florida could be of particular value to check out.  Similar to Village Walk in Naples, this DiVosta development has all the extra amenities for which the developer is famous, including the town center with meeting room, hobby room and kitchen.  Also available for residents and their guests are the community resort and lap pools, bocce court, bike and jogging trails, beauty salon, tot lot, restaurant, tennis courts, fitness facility, picnic area, full service spa, post office, gas station and bank.  The community is located off Bonita Beach Roa...
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By Mike Kozlow, Broker
(Mike Kozlow Real Estate)
  The gated community of Bonita Bay, located in Bonita Springs Florida, features homes and condominiums ranging in price from $200,000 to well over $5,000,000. The turn over of homes is usually expected to be around 10% in any given year but the spectacular West Coast of Florida is not following the old patterns. With more and more boomers coming to Florida and fewer people leaving the area because they miss the cold and snow of the North, we are seeing inventory turnover reducing. The pace of inventory reduction is often referred to as the Absorption Rate. Loosely defined, it is the rate the current inventory will be depleted based on the sales in the period being examined. Below I have assembled the data on Bonita Bay for the last 365 days ending with sales reported to MLS ending June...
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By Chris Griffith, Bonita Springs Listing Specialist - Agent
(Downing-Frye Realty, Bonita Springs, FL)
Bonita Springs Home Sales Statistics May 2015May 2015 marks the first time that I have prepared the real estate market stats for Bonita Springs and Estero … with an audience.  I’ve brought a family member on board so I have a little birdie on my shoulder learning the ropes, now. When I was collecting the numbers for the statistics Angela asked my why I prepared market reports.  The short answer was that consumers, both buyers and sellers, need to know the statistics especially in a market where inventory is tight.  Further I explained that if she was trying to help someone buy a home priced under $200,000 it would be important to know that it was only about 20%of our market right now and getting smaller and smaller because the bottom of the real estate market is selling off.  It was abo...
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By Mike Kozlow, Broker
(Mike Kozlow Real Estate)
The following charts illustrate the absorption rate, the time it will take for the current inventory of homes in  various price ranges to be sold in the gated community of Shadow Wood At the Brooks located in the Village of Estero, an area formerly known as Bonita Springs..This rate has been used in various forms to be both a guide for Buyers and Sellers. In the following studies I have indicated Buyer's Markets when the time for the inventory to clear is greater than 8 months. In the case of a Seller's Market, the time period is less than 4 months while anything in between is considered a Neutral market.A Buyer's Market usually means that the Buyer has more leverage when negotiating with a Seller over the price of the home. The converse is true in a Seller's Market when the Seller can ...
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