Local Real Estate agent Jorge Barrera has put together a list of properties sold, under contract and currently for sale on Fort Myers Beach since September 28, 2022. The information comes from the Southwest Florida Multi Listing Services.
The data includes single family homes, condos, manufactured homes,
The totals are:
310 ACTIVE (currently for sale)
73 PENDING (under contract)
362 SOLD
Here’s how it all breaks down
SINGLE FAMILY:
72 ACTIVE
19 PENDING
168 SOLD
ALL OTHER RESIDENTIAL INCLUDING CONDOS/MANUFACTURED HOMES:
125 ACTIVE
37 PENDING
115 CLOSED
RESIDENTIAL MULTIFAMILY DUPLEX/TRIPLEX/QUADRUPLEX:
14 ACTIVE
8 PENDING
14 SOLD
VACANT LOTS:
83 ACTIVE
9 PENDING
59 CLOSED
COMMERCIAL:
16 ACTIVE
0 PENDING
6 SOLD
Reach out to Jorge by e-mail at jorgeswflrealtor@gmail.com
Jorge is a great Realtor. I handled multiple closings with him on the island before closing my law practice in 2021. 362 property sales over 10 months may sound like a lot of activity – but its not in context. Consider – 560 beach properties sold same period a year earlier and 701 beach properties sold same period two years earlier. Over 300 beach properties currently for sale and only 30 closings in the last 30 days, potentially 10 months inventory. The buyers’ market is here but like in 2006/2007/2008 it may take folks another year to wake up to the fact. Charles Meador, Attorney at Law/Realtor
Yep, not a surprise. Let’s face it if you are planning a rebuild and are over 70 years old, you will die of old age before your building permit is processed or approved! So selling is the forced option.
The old way (slab house/structure 1 story on grade) of building can not be continued. This type of construction did not stand against 160 + mph and a 12′ storm surge. So since destroyed either owner or flood (FEMA /government/ or wind insurance will have to fund the rebuild. For people to be able to confidently rebuild and to protect their invesment new more storm hardened structures will need to be constructed. No willie nillie slap it up construction thus the new codes and design and permitting will have to prevail.
All comments very true indeed – c’est la vie! Still love FMB though
It would be great to see a map showing locations of those properties/lots sold. And, another map showing the locations of those still for sale.
look on zillow or reltor.com all your answers are there
I wonder if he has a spreadsheet of the addresses that have sold and what’s on the market with the sales prices it would be interesting
👍
And more to come because the only constant in life is change! Love the “old FMB”. However must now monitor and adjust to the “new FMB”. Two things are priceless are: time and health. Embrace, live well & laugh often.🌞🌴🤣😂
Change is constant, youre correct, then theres shoving it down our throats. This was an event no one expected and many didnt have a pampered 2nd home up north to fall back on. That “small-town vibe” everyone claimed to like it going to fade and die.
That small town charm was doomed as soon as the Margaritaville project was approved. But I do disagree on one point you made: no hurricane in an ever-warming gulf is or should be unexpected. We lost mom’s house, and after nearly 40 years we’re done. Not doing this again, and it’s not a question of ‘if’ but ‘when’ (like your first motorcycle accident, LOL). I feel for everyone who called FMB their home. Wishing you better seas ahead.
I lost my home, my car, all of my belongings, my way of life. I understand what you are saying but this is still and will be hard