Bonita Bay Condo Statistics – Second Quarter 2010
by Glenn on Jul.20, 2010, under Bonita Springs Real Estate News
The median sold price of a condominium in Bonita Bay for the second quarter of 2010 was $185,000 versus the median sold price for the 2009 second quarter of $175,500. The increase of $9,500 was 5 percent. The median sold price increased over the first quarter of 2010 by $16,000 or 10 percent.
Median Sold Price of Condominiums in Bonita Bay by Quarter for the 12 Months Ending June 30, 2010
During the 2nd quarter of 2010 a total of 33 condos were sold in Bonita Bay. In first quarter of 2010, 22 units were sold. During the 2nd quarter of 2009, 19 units were sold. The volume of sold condominiums was up 14 units or 74 percent.
Volume of Closed Sales for Bonita Bay condominiums by Quarter for the 12 Months Ending June 30, 2010
BayWoods at Bonita Bay Construction Started
by Glenn on May.27, 2010, under Bonita Springs Homes for Sale
Construction has started at the BayWoods neighborhood, in Bonita Bay within the Eagle Watch area subdivision. BayWoods is a secluded neighborhood with 15 home sites.
The BayWoods site offers buyers pristine nature preserves, lakes and view of the 4th green and 5th tee of the Bay Island golf course. The Bonita Bay golf courses were ranked as one of the top 100 of America’s Best Residential Golf Courses in 2005 by Golfweek magazine.
The home sites, average more than one-half acre each, are have starting prices in the high $500’s.
Bonita Bay, was the recipient of the Urban Land Institute’s 1999 Award for Excellence. In addition to the BayWoods home sites, luxury high-rises condominiums, overlooking Estero Bay and the Gulf of Mexico are available for sale.
Condos are available in 2 high-rise buildings In the 27-story Esperia South building have starting prices in the mid $600’s, The 26-story Tavira building have prices starting from $1.6 million.
Bonita Bay’s HOA is financially self-sustaining and residents enjoy four waterfront recreational areas, including a beach park on the Gulf of Mexico, and a 12-mile network of biking and walking paths. They are eligible for membership in the member-owned Bonita Bay Club, with five golf courses – three by Arthur Hills within the 2,400-acre community, and two nearby courses designed by Tom Fazio with two clubhouses, an 18-court tennis and swim center and a fitness center. For water enthusiasts, the private Marina Club offers a full-service marina, with wet and dry slips, a fully stocked ships story, waterfront restaurant and numerous social activities.
View Bonita Bay homes for sale or Bonita Bay condos for sale.
Relaunch
by Glenn on May.25, 2010, under Bonita Springs Real Estate News
The Bonita Springs RE Blog site is being relaunched at this time. The goal is to provide the most comprehensive site about real estate in the Bonita Springs area.
Major developments and their respective neighborhoods or subdivisions will be included to give the site visitor more detailed information about the buying or selling aspects in the Bonita Springs area.
In addition, a complete database of homes and condos for sale will be incorporated within the site.
Florida Mortgage Law Changes
by Glenn on Aug.04, 2007, under Uncategorized
On June 19, 2007, Governor Crist signed into law major changes to the Florida Mortgage Brokerage & Lending Act (Chapter 494 of the Florida statutes).
Beginning October 1, 2007, these amendments will have a very significant impact on the way mortgage business is transacted in Florida.
For example, beginning October 1, 2007, the exact dollar amount of any lender rebate (YSP etc.) received by a broker will have to be disclosed and acknowledged by the borrower at least 3 days prior to closing. A range of fees shown as a percentage on the mortgage loan contract will no longer suffice.
For a further or more detailed explanation, please do not hesitate to contact Glenn Ginsburg, your Bonita Springs Florida real estate Broker.
bonita springs real estateNew Bonita Springs Condo – Blue Marlin
by Glenn on May.14, 2007, under Uncategorized
On May 5th, the Bonita Springs Zoning Advisory Board approved the plans for a new luxury Bonita Springs condo building with docks on the north side of Bonita Beach Road. The building will be a total of 4 stories – the first level will be restricted for parking and the upper three stories will have only 3 condominium homes per floor, for a total of 9 units in the building.
The new Bonita Springs condominium will be called the Blue Marlin Cove Condominium.
The project still requires a final approval of the Bonita Springs City Council.
Agent Representation
by Glenn on Feb.09, 2007, under Uncategorized
Yesterday, I posted an article about agent representation on my Naples Florida Real Estate homes blog.
One of the key questions a prospective buyer should ask an agent is how the agent will represent them in the real estate transaction?