FL Rehabs

my girlfriend wants to move down to florida on the gulf coast side near naples. I buy rehab and retail homes in virginia and was wondering how the market was down there. Any info would be appriciated.

Comments(6)

  • karensilver6th November, 2004

    I am in Port Saint Lucie I have seen some people get great deals mostly with cash however most hurricane damaged homes are being sold with money to fix the roof or whatever to the buyer

  • karensilver6th November, 2004

    I am in Port Saint Lucie I have seen some people get great deals mostly with cash however most hurricane damaged homes are being sold with money to fix the roof or whatever to the buyer

  • thechangingtable6th November, 2004

    not sure about naples, but ft myers and cape coral is supposedly a sellers market. prices are increasing on homes and lots. Great appreciation over the past two years and seems like there is still more left?

  • allen308th November, 2004

    thanks for the info. i,m going to be taking a trip down to fl. in the next month to look around.

  • ray_higdon8th November, 2004

    Naples is appreciating amazingly fast, so is Cape Coral. If you are looking for cashflow deals, Ft Myers is still a good place. Cheap duplex in Naples go for $220-$250k, in Cape Coral, roughly the same, in Ft Myers they are more around $100-$120k but there are still deals out there.

    it's pretty common to make $25-$50k in Naples on a spec home or pre-construction in a community.

    [addsig]

  • DavidMOcala9th November, 2004

    Naples (and any other Florida city within 10 miles of the coast) is rapidly appreciating with no end in sight.

    Port Charlotte and Punta Gorda are nearby, and hurricane damages have created some deals, but they are going fast.

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