north fort myers Archives - Steelbridge Realty LLC

Real estate in North Fort Myers, Florida

admin — Fri, 22 Sep 2017 04:32:17 +0000

If you are interested to buy or sell Real Estate in North Fort Myers, Florida real estate, consider Steelbridge Realty LLC. This is a licensed real estate brokerage company that uses data-driven real estate solutions and cutting-edge marketing techniques in today’s ever-changing environment. The realtor company is located in North Fort Myers, Fl.

During the previous recession, the housing market in the state of Florida was among the hardest hit. However, since then, the Sunshine State made a full recovery. At the forefront of the Florida, market are cities like Fort Myers and North Fort Myers. The real estate market in this area is on par with the more popular counterpart in Miami.

The real estate market in North Fort Myers keeps showing strong signs of growth. The recent rate of property appreciation in this area is of particular interest. Homeowners in North Fort Myers have seen strong equity return to the area. The North Fort Myers, Florida housing market is strongly supported by the local economy.

The region’s job sector keeps supporting both demand and supply. As the entire state of Florida enjoys a strengthening economy, employment numbers are on an upward trend. North Fort Myers is also among the beneficiary of statewide actions that aim to increase employment.

A strengthening economy has led to a renewed interest in focusing on new housing construction in the North Fort Myers area. A dramatic increase has been registered, in particular, in single-family housing permits. However, even in the face of a high appreciation rate, the housing market in North Fort Myers continues to remain affordable. This affordability is instrumental in maintaining steady growth.

A promising job sector and lower prices are attractive to younger Americans. In particular, millennials have found North Fort Myers a desirable location and are purchasing homes in this particular area.

North Fort Myers, located on the northern shore of the Caloosahatchee River, features a refreshing blend of town and country. Thanks to tropical riverbanks, inviting horse farms and ancient moss-draped oaks, true Southern ambiance is exuded by the lush landscape. Horseback riding is a unique way to observe local wildlife and explore the landscape on inland nature trails.

These are just a few of the natural attractions that make this place such a sought-after real estate area. Do not hesitate to call Steelbridge Realty LLC if you are interested to buy or sell real estate in North Fort Myers, Florida.

Thinking of buying or selling? We would love to sit down and discuss your options.

Steelbridge Realty LLC is a Licensed Real Estate Brokerage that utilizes cutting-edge marketing techniques and data-driven Real Estate solutions in today’s ever-changing environment. Our group of professionals has decades of experience and has navigated through many business cycles. Our diverse background gives us the tools to guide people toward successful decisions.

During the beginning of the housing downturn, Steelbridge Realty LLC was the Brokerage arm of several private equity entities. We assisted them with asset modeling and market metrics. Many prominent local commercial projects were included in this scope of transactions. in 2012 Jeff and Cristina bought the other partner out and relocated the company to North Fort Myers. It now serves as a boutique-style firm catering to its clients and the community at large.

For more information call 239 694 3300 or use the form below.

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Analysis of REO Sales Lee County Florida 2016

admin — Wed, 11 Jan 2017 19:31:41 +0000

Analysis of REO Sales Lee County Florida 2016

Every year we do a Presentation at the SWFL REIA. The SWFL REIA is an association of Real Estate investors.

This is a small part of the presentation. I thought this was worth sharing. It truly shows how the distressed market has changed in just a year.

Disclosure:

This is my work done for me and shared with you.
All data exported from MLS and trended with Excel.
Data exported 1/11/2017 at 12:56

What is REO?

Real estate owned (REO) properties, also known as foreclosures, are homes or propertiesthat are bank-owned.

Here is a “big picture view” of the REO Sales Lee County Florida 2016.

Here is a Bubble chart of those 2 years. Bubble charts are very illuminating in showing trends within a market.

Thoughts:

This is an amazing opportunity.

There is a large demand for investor quality deals and few deals to be had.
The institutionalized distressed market in and of itself is a bit of a closed society. When this part of the distressed market losses its market share it creates opportunities.

Here is a video on the above post.

Helping you buy, sell and lease.

Steelbridge Realty LLC is a Licensed Real Estate Brokerage that utilizes cutting edge marketing techniques and data driven Real Estate solutions in today’s ever changing environment.

About the Company:

Steelbridge Realty LLC is a Real Estate Brokerage Company that utilizes cutting edge marketing techniques offering Real Estate Solutions in today’s challenging environment.
Our group of professionals have decades of experience and have navigated through many business cycles. Our diverse background gives us the tools to guide people towards successful decisions.
During the beginning of the housing downturn Steelbridge Realty LLC was the brokerage arm of several private equity entities. We assisted them with asset modeling and market metrics. We also assisted them in the sale and leasing of these assets. Many prominent commercial projects were included in this scope of transactions.
When the distressed market dried up, Jeff and Cristina Tumbarello bought the other partner out and relocated the firm to North Fort Myers. The firm serves as a boutique style firm catering to its client base and providing North Fort Myers Realty services to the surrounding area.

About Jeff & Cristina Tumbarello:

We have worked with the following media outlets as a subject matter expert. (General Real Estate, Real Estate Statistics, Real Estate Investing & Foreclosures): NPR, Bloomberg, Huffington Post, Wall Street Journal, NBC, ABC, Wink, Fox, Fort Myers News Press, Naples Daily News, Fort Myers Weekly, and Gulf Coast Business Journal.
We are considered to be a subject matter expert (SME) for sources of data in regards for the current trends in foreclosures, along with overall Real Estate Trends. We have performed market metrics and product modeling for the capital markets and several private equity firms. We also have been a Trainer/Speaker for the Florida Housing Coalition.

You can contact us with the form below or call 239 694 3300 X102

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Acreage for sale in Lee County Florida Reduced!

admin — Thu, 10 Nov 2016 15:41:58 +0000

Acreage for sale in Lee County Florida Reduced! The price on this Acreage for sale in Lee County Florida was just improved to $239,900!

Click here for more information

located east of I-75

Single wide mobile home (conveyed where is as is) on 10 fenced acres on a paved road. If you build, you will save on impact fees because a structure is already there. There is a large pond in the rear of the property. Property is 330x1320x330x1320. Located east of I-75. This acreage already has Water, Septic, and Power!

This Acreage for sale in Lee County Florida is located in North Fort Myers which is a census-designated place (CDP) in Lee County, Florida, United States. The population was 36,609 at the 2010 census. It is part of the Cape Coral-Fort Myers, Florida Metropolitan Statistical Area.

North Fort Myers is located at 26°42′N 81°53′W (26.7029, -81.8844), northwest across the Caloosahatchee River from Fort Myers proper.

According to the United States Census Bureau, the CDP has a total area of 54.6 square miles (141 km²), of which, 52.6 square miles (136 km²) of it is land and 2.0 square miles (5.2 km²) of it (3.61%) is water.

North Fort Myers is the largest unincorporated area in Lee County. Expanding 70 square miles, from the northern shore of the Caloosahatchee to Charlotte County, Cape Coral west, and east to Alva. The area encompasses a very diverse community that is emerging from a quiet rural life style to a growing business community. The demographics range from young professionals to retirees. North Fort Myers also has a large percentage of seasonal residents.

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North Fort Myers Real Estate Market Overview

admin — Wed, 14 Sep 2016 02:51:08 +0000

Here is our North Fort Myers Real Estate Market Overview September 2016

Pricing is still trending up!

Year over Year
North Fort Myers 2015 versus 2016
Lee County
all data from MLS thru 9/13/2016
	2015	2016	DIFF
Volume	$111,601,765	$125,360,914	12.33%
Counts	733	750	2.32%
Average	$ 152,253	$167,148	9.78%
Median	$ 133,400	$145,500	9.07%
SQFT	1,525	1,518	-0.44%
cash	426	394	-7.51%
Cash %	58.12%	52.53%	-9.61%
REO	105	53	-49.52%
REO %	14.32%	7.07%	-50.67%
SS	9	10	11.11%
SS %	1.23%	1.33%	8.59%
Distressed	15.55%	8.40%	-45.99%
GA	110	108	-1.82%
GA %	15.01%	14.40%	-4.04%
Waterfront	203	210	3.45%
Waterfront %	27.69%	28.00%	1.10%
Year Built	1986	1986

A Glossary for our North Fort Myers Real Estate Market Overview

REO= Bank Owned

SS= Short Sale

GA= Gulf Access

Notes:

We have an increase in volume and sales counts. That is a really good thing! Due to this demand you also have both average and median pricing rising. Rising prices help owners with a higher basis gain entry to the market. This reduces the negative equity within the market. Negative equity – when a home owners has an outstanding mortgage bigger than the value of the home. If they sold their house, they would still owe money from the initial mortgage
The Average price shows the upper end of the market moving.
The median price shows the bottom of the market rising as well.

Some information on the North Fort Myers Real Estate Market Overview distressed market:

Lis Pendens:

August 2016: 101 Mortgage related Lis Pendens.

July 2016: 105 Mortgage related Lis Pendens.

August 2016: 127 Mortgage related Lis Pendens.

Certificates of Title:

August 2016: 133 Certificates of Title were conveyed.

July 2016: 120 Certificates of Title were conveyed.

August 2015: 152 Certificates of Title were conveyed

Notes:

More of the same.

We had a SLIGHT month over month and year over year decrease in Mortgage Related Lis Pendens Filings.

The top ten Lis Pendens filers represent 62.38 percent of the filings.

Wells Fargo was number 1 in filings. BOA was number 2

There slight increase in certificate of title conveyances.

Note: All Data exported from the MLS or http://www.leeclerk.org

North Fort Myers is a census-designated place (CDP) in Lee County, Florida, United States. The population was 36,609 at the 2010 census. It is part of the Cape Coral-Fort Myers, Florida Metropolitan Statistical Area.

Call 239 694 3300

Get your own webform with Podio

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North Recreation Center

admin — Tue, 28 Jun 2016 17:46:54 +0000

“The vast majority of residents know exactly where the North Recreation Center is. After all, it is hard to miss.

Dana Kasler, director of Lee County Parks & Rec, was the guest speaker at the monthly North Fort Myers Civic Association meeting last week. The subject was the rec center and upcoming changes at the community park, but also what could be done to improve the amenities in the community.

Kasler called the North Recreation Center an enormous success: In its three years, it has become one of the busiest locales in all Lee County.

In a survey of area residents, in fact, more than 85 percent of respondents knew where the rec center was, and that more than half the users were over the age of 45, thanks to the vast array of programs offered and SHARE Club, a program of Lee Memorial Health Service that offers the 50-plus crowd many activities and services.

Kasler then asked the several dozen people at the meeting “What do you want to see?”

There are already numerous things set for the fall. The community park will get a new playground, which will move right next door to the rec center in the courtyard so they can be integrated, Kasler said.”

The 35,000-square-foot facility for the North Recreation Center includes several multipurpose rooms for meetings, youth and adult recreational and educational programs, a fitness center, game room and two gymnasiums, which are partitioned off. The gymnasium has multipurpose basketball and volleyball courts, and other sports can be played on the hardwood floor, such as the popular pickleball.

The recreation center started in 1997 in the boardroom of the little league building. Shortly after the portable was established on the south side of the shuffleboard courts. In December of 2002, a new building opened offering more programs and space for the already successful after-school program. Construction of a new 33,000-square-foot Recreation Center has been completed and opened Oct. 25, 2013.

The center amenities include a fully equipped gymnasium with basketball courts and volleyball courts, a fitness center with locker room facilities, a game room and several large multi-purpose rooms for meetings and classes.

Individual memberships for the North Fort Myers Recreation Center are $10 for a lifetime membership or a family membership is $25 for a lifetime membership. This membership can be used at all four Lee County Recreation Centers; Estero, North Fort Myers, Veterans and Wa-Ke Hatchee.

The weight room is an additional fee of $20 per month, $80 for six months or $120 for one year, per member. The weight room features cardiovascular equipment, dumbbells, and weight-lifting machines.

Located behind the North Fort Myers Library off of North Tamiami Trail (Old 41), the center/park offers lots of activities and recreation for all ages. There are four baseball fields, two footballs, and a practice field, along with a recreation building for afterschool recreation, summer camp and other classes and programs.

Twenty four shuffleboard courts, playground, and pavilion are available to the public at the North Fort Myers Recreation Center. Disc golf is growing in popularity and the course is presently under expansion and renovation.

Here is the link to the county page

North Fort Myers Recreation Center Address

2000 North Recreation Park Way
North Fort Myers, FL 33903

Click here for the facebook page

If you have questions about selling, buying or leasing Real Estate in North Fort Myers call us at 239 694 3300 or

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North Fort Myers Recreation Center

admin — Mon, 16 May 2016 22:05:56 +0000

North Fort Myers Recreation Center

The 35,000-square-foot facility for the North Fort Myers Recreation Center includes several multipurpose rooms for meetings, youth and adult recreational and educational programs, a fitness center, game room and two gymnasiums, which are partitioned off. The gymnasium has multipurpose basketball and volleyball courts, and other sports can be played on the hardwood floor, such as the popular pickleball.

The recreation center started in 1997 in the boardroom of the little league building. Shortly after the portable was established on the south side of the shuffleboard courts. In December of 2002, a new building opened offering more programs and space for the already successful after school program. Construction of a new 33,000-square-foot Recreation Center has been completed and opened Oct. 25, 2013.

The center amenities include a fully equipped gymnasium with basketball courts and volleyball courts, a fitness center with locker room facilities,a game room and several large multi-purpose rooms for meetings and classes.

The weight room is an additional fee of $20 per month, $80 for six months or $120 for one year, per member. The weight room features cardiovascular equipment, dumbbells and weight-lifting machines.

Located behind the North Fort Myers Library off of North Tamiami Trail (Old 41), the center/park offers lots of activities and recreation for all ages. There are four baseball fields, two footballs and a practice field, along with a recreation building for afterschool recreation, summer camp and other classes and programs.

Twenty four shuffleboard courts, playground and pavilion are available to the public at the North Fort Myers Recreation Center. Disc golf is growing in popularity and the course is presently under expansion and renovation.

Here is the link to the county page

North Fort Myers Recreation Center Address

2000 North Recreation Park Way
North Fort Myers, FL 33903

Click here for the facebook page

If you have questions about selling, buying or leasing Real Estate in North Fort Myers call us at 239 694 3300 or

Podio – CRM done right

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Moody River Estates North Fort Myers garage sale

admin — Mon, 15 Feb 2016 20:03:31 +0000

Sat, Mar 12, 9:00 AM – 2:00 PM
Entire Moody River Estates Community
Clean your garages and closets out. Your gently used items could be someone’s Treasures. Set up in your own driveway and people will come from near and far.

Moody River Estates North Fort Myers is a private, gated community offering residents a quiet, tranquil lifestyle in a riverfront setting. Home options at Moody River Estates include coach homes and single-family homes. Natural beauty is abundant behind the gates of Moody River Estates with nature preserves, walking trails and even a 100-year-old banyan tree.

Amenities at Moody River Estates include a clubhouse, fitness center, two pools, tennis, basketball, billiards, business center, theatre, playground and walking trails. A boat launch offers access to the Caloosahatchee River and the Gulf of Mexico.

A boat launch offers access to the Caloosahatchee River and the Gulf of Mexico. There is a wooden gazebo at the boat dock. It is the perfect place for a picnic.
Moody River Estates North Fort Myers. The essence of this gated community has to do with blending the natural surroundings with modern amnestied communities. The location is second to none for ease of access to all points North, South, East, and West.

Homes in Moody River Estates are known for their comfortable floor plans, Residents enjoy views of the beautiful preserves, landscaping, and waterways found throughout the community. Resort-style living in Moody River Estates ranges in size between 1,800 square feet to just over 3,600 square feet.

Homeowner association fees include a 24-hour manned gated security, lawn maintenance, irrigation, pest control, tennis courts, a full basketball court, community boat ramp, basic cable, Internet, and maintenance of all common areas.

The community has a two-mile walking trail around it. It’s a great way to get exercise and meet your neighbors.

When you are looking for a place to call home, look for Moody River Estates North Ft Myers

Interested in buying, selling or leaseing in Moody River Estates North Fort Myers? Call 239 694 3300 or

Moody River Estates North Fort Myers listings!

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Divorce and Real Estate North Fort Myers

admin — Mon, 15 Feb 2016 17:04:29 +0000

Divorce and Real Estate North Fort Myers

*** This is not legal advice, just the sharing of our experiences in dealing with Divorce and Real Estate North Fort Myers

In the course of our business, we often represent sellers who are getting divorced.

Divorce (or dissolution of marriage) is the termination of a marriage or marital union, the canceling and/or reorganizing of the legal duties and responsibilities of marriage, thus dissolving the bonds of matrimony between a married couple under the rule of law of the particular country and/or state.

The purpose of this entry is to discuss divorce and real estate North Fort Myers. There are many other factors within the process of divorce. As with anything, please seek competent legal counsel. Here is a link to some information that the Florida BAR has put out Divorce In Florida Pamphlet

For assets involved in Divorce and Real Estate North Fort Myers you have a few options:

1. One of the divorcing parties retains the home.

Very often one of the parties wants to remain in the house. In such case, the cleanest approach is to have the remaining party pay the departing party the latter’s share of the net property value. This requires that the remaining party have the cash needed for that purpose. The two parties must also agree on how their respective ownership shares are to be calculated, and how the house will be valued. Since the property is not being sold, its value must be based on an appraisal, which requires the parties to agree on who will select the appraiser, who will pay for it, and whether marketing costs will be deducted from the valuation.

A clean break also requires that the departing party be removed from any existing mortgage obligation. This means that the remaining party must have the income and credit required to refinance the mortgage in her own name.

2. Sell the home.

Selling the house is the way to a quick and clean break: The only issue is deciding how the proceeds are to be divided, although this can be quite contentious when it is not agreed upon beforehand. Unless the couple can agree to accept the judgment of a neutral third party, it will have to be delegated to lawyers to negotiate, at which points the costs begin to mount.

One approach a third party could use is to divide the net proceeds according to each party’s contribution to the equity in the house when it is sold.

A few other things from our experience. Your listing agents should have a “focus on what they are there to do” attitude. Divorce, for the most part, can be emotionally exhausting. The Real Estate Agents involved should focus the transaction and the transaction only. Thereby removing themselves from the divorces commonalities.

Another thing to factor for Divorce and Real Estate North Fort Myers:

Real Estate inherently has a cost to keep. Its “burn rate” Burn rate is defined by the cash spent each month to retain the asset. You also have to factor in, that the attorneys involved are generally billing by the hour. While you do not want to leave money on the table, a fast sale tends to benefit all involved. The longer the divorce goes on, the less and less assets there are to divide up.

If you have questions about selling your home in North Fort Myers call us at 239 694 3300 or

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Mobile home North Fort Myers with Owner Financing

admin — Mon, 12 Oct 2015 21:55:21 +0000

Mobile home North Fort Myers with in ground pool!

Manufactured home with an in ground and screened pool on an over sized lot. Located in Twin Brooks Estates which is a subdivision. There is no home owners association in Twin Brooks Estates, so there is no monthly HOA fees to pay. The home is in a current state of partially finished remodel. It is essentially a blank canvas to do as you wish. It has been rewired and re-plumbed. New windows (impact) have been installed. The owner will finance with a decent down payment (at least 30 percent). This has potential as a second home and/or seasonal/annual rental. Agents, please use CSS button to schedule showings.

North Fort Myers is the largest unincorporated area in Lee County. Expanding to 70 square miles, from the northern shore of the Caloosahatchee River to southern border of Charlotte County, Cape Coral is to the west, and to the east is Alva. The demographics range from young professionals to retirees and most everything in between. North Fort Myers also has a decent percentage of seasonal residents (snow birds).

North Fort Myers is a census-designated place (CDP) in Lee County, Florida, United States. The population was 36,609 at the 2010 census. It is part of the Cape Coral–Fort Myers Metropolitan Statistical Area.

North Fort Myers, Florida, in Lee county, is 8 miles NE of Cape Coral, Florida (center to center) and 95 miles S of Tampa, Florida.

North Fort Myers, named in honor of Colonel Abraham C. Myers, was one of the first operation bases during the Seminole Indian Wars. It was built along the Caloosahatchee River, and by 1885 it was the second largest town on Florida’s Gulf Coast. 1914 saw the opening of the first Ford Car Dealership in Fort Myers. By 1920, the Tamiami Trail was built to link Fort Myers to Tampa and Miami. However, there were 2 devastating hurricanes in 1921 and 1926 that greatly detracted from the progress of North Fort Myers. Fort Myers is also famous as the hometown of inventing genius Thomas Alva Edison.

Click here to see pictures of the Property

here is a link to the property appraisers site http://leepa.org/Display/DisplayParcel.aspx?FolioID=10240290

Podio – CRM done right

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