In January, we had eleven residential sales - three manufactured home sales and eight single family home sales. Of these eleven, six were waterfront and five off-water. And the sale prices ranged from $70,000 for a manufactured home in Flamingo Bay to $1,000,000 for a three-story waterfront home on 8th Avenue in St. James City.
During that same time, we had eight vacant land sales - one lakefront property and seven off-water properties sold. One of the off-water parcels was an industrial lot in the Pine Island Industrial Center. The prices of these eight lots ranged from $8,500 for a 50x79 lot on Bouney in Sundiet Village to $90,000 for the 5.4 acre lakefront property.
This activity is a good start for 2008; however, it does not signal a true "season" as we had been experiencing prior to 2006. We do see an increase in potential buyers who are cautiously looking and who are seeking the lowest price they can find. It is still a buyers market and we continue to have an inflated inventory with 392 vacant land parcels and 379 residential properties on the market. There are "deals" to be had and now is the time to buy!
Wednesday, February 13, 2008
Friday, February 1, 2008
It's Just Paradise!
Pine Island is a very unique place! We have no traffic lights and only one major intersection with a four-way stop in the Pine Island Center. Stringfellow Road, the main thoroughfare, runs north and south the entire length of the Island. If you drive around the Island, you will see some banks, a major grocery store, several restaurants, and a few fast food establishments. You will also see churches, real estate offices, several marinas, an 18-hole golf course, a community pool, tennis courts, a library, and a little league complex. And a closer look will reveal beautiful waterfront homes and off-water homes, manufactured homes, and condos.
One of the most fascinating aspects of the Island is the agricultural activity. Pine Island is home to several large palm farms. I have been told that the Island is perfect for growing palms - the soil is good and we do not experience severe cold temperatures like the farmers do inland. However, some of the farmers install equipment to keep the colder air moving when we do get temperatures approaching freezing. The palm farms contribute to the tropical atmosphere of the Island. And as a palm tree affectionado, I enjoy living in an area where there are so many palms!
Another great feature is the abundant wildlife on the Island. The birds are incredible - great blue herons, pelicans, white herons, egrets, and smaller birds like cardinals, woodpeckers, and doves. And of course, there are always the squirrels. We keep feeders and a birdbath for birds and squirrels in our area, and we enjoy seeing them feeding and bathing in our back yard!
Boating and fishing are the main draws to Pine Island. We are surrounded by Matlacha Pass and Pine Island Sound. The Gulf of Mexico is just minutes away, as are the barrier Islands of Caya Costa and Sanibel.
As fourteen year residents of Pine Island, we have made this our home and would not consider living any place else! The weather is great - the lifestyle is casual - and there is no traffic congestion! Cape Coral and Ft. Myers are just minutes away for off-Island excursions, serious shopping and medical care. All in all the quality of life is outstanding on our Island. It's Just Paradise!!
One of the most fascinating aspects of the Island is the agricultural activity. Pine Island is home to several large palm farms. I have been told that the Island is perfect for growing palms - the soil is good and we do not experience severe cold temperatures like the farmers do inland. However, some of the farmers install equipment to keep the colder air moving when we do get temperatures approaching freezing. The palm farms contribute to the tropical atmosphere of the Island. And as a palm tree affectionado, I enjoy living in an area where there are so many palms!
Another great feature is the abundant wildlife on the Island. The birds are incredible - great blue herons, pelicans, white herons, egrets, and smaller birds like cardinals, woodpeckers, and doves. And of course, there are always the squirrels. We keep feeders and a birdbath for birds and squirrels in our area, and we enjoy seeing them feeding and bathing in our back yard!
Boating and fishing are the main draws to Pine Island. We are surrounded by Matlacha Pass and Pine Island Sound. The Gulf of Mexico is just minutes away, as are the barrier Islands of Caya Costa and Sanibel.
As fourteen year residents of Pine Island, we have made this our home and would not consider living any place else! The weather is great - the lifestyle is casual - and there is no traffic congestion! Cape Coral and Ft. Myers are just minutes away for off-Island excursions, serious shopping and medical care. All in all the quality of life is outstanding on our Island. It's Just Paradise!!
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