FREY & SON HOMES BEGINS CONSTRUCTION ON CAPE CORAL MODEL HOME CENTER

FREY & SON HOMES BEGINS CONSTRUCTION ON CAPE CORAL MODEL HOME CENTER

FREY & SON HOMES BEGINS CONSTRUCTION ON CAPE CORAL MODEL HOME CENTER

Frey & Son Homes has begun construction on a brand new model home center, located in Cape Coral.

The Cape Coral model home center will consist of two homes, a Palm Beach Two model, located at 2579 Surfside Blvd., and a Key Colony model, located at 2575 Surfside Blvd.

FREY & SON HOMES BEGINS CONSTRUCTION ON CAPE CORAL MODEL HOME CENTER

The Palm Beach Two home will feature three bedrooms, three bathrooms and 2,696 square feet of air conditioned living area.

The Key Colony home will also feature three bedrooms and three bathrooms with 2,152 square feet. of air conditioned living space.

Both homes are expected to be completed by the end of this year.

MORE THAN 200 TINY HOMES PLANNED FOR NEW CHARLOTTE COUNTY COMMUNITY

MORE THAN 200 TINY HOMES PLANNED FOR NEW CHARLOTTE COUNTY COMMUNITY

MORE THAN 200 TINY HOMES PLANNED FOR NEW CHARLOTTE COUNTY COMMUNITY

More than 200 tiny homes could be coming to a new community in Charlotte County. 

MORE THAN 200 TINY HOMES PLANNED FOR NEW CHARLOTTE COUNTY COMMUNITY

Simple Life Ventures plans to build its second Florida tiny home community at 12100 Burnt Store Road, about 2.5 miles south of U.S. 41. The one- or two-bedroom homes will be as small as 400 square feet with a starting price of $130,000. 

Simple Life Ventures, which still needs to get its building permits approved by the county, hopes to break ground in the summer, with the first homeowners occupying homes early next year.

Charlotte County commissioners approved the rezoning of land for up to 230 units. 

Do you think Cape Coral should allow a tiny home community?

CAPE CORAL APARTMENTS TO CONDUCT FREE RENT RAFFLE

CAPE CORAL APARTMENTS TO CONDUCT FREE RENT RAFFLE

CAPE CORAL APARTMENTS TO CONDUCT FREE RENT RAFFLE

The Apartments at the Isles of Porto Vista — a new luxury rental community at 3936 Pomodoro Circle in Cape Coral — is offering tenants a chance to win up to one year of free rent, valued as high as $18,600.

CAPE CORAL APARTMENTS TO CONDUCT FREE RENT RAFFLE

All tenants who sign a 12-plus-month lease during the lease-up period will be entered into the Free Rent Raffle. The first prize is one year of free rent, the second prize is six months of free rent, and the third prize is three months of free rent.

Tenants have a one in 41 chance of winning. Rent must be paid on time, with no lease infractions, to qualify.

CAPE CORAL APARTMENTS TO CONDUCT FREE RENT RAFFLE

According to Genesis IPV Properties LLC, which registered the Free Rent Raffle with the state of Florida as a game promotion/sweepstakes, this is the very first contest of its kind in the Southwest Florida marketplace and, perhaps, the state of Florida.

For more information, visit RentIPV.com.

NEW HOMES COMING TO CAPE HARBOUR

NEW HOMES COMING TO CAPE HARBOUR

NEW HOMES COMING TO CAPE HARBOUR

LDC Cape Harbour Holdings plans to develop the remaining 17.1 acres of vacant land in the Cape Harbour community, located in Southwest Cape Coral.

LDC Cape Harbour Holdings is a developer team associated with Landstar Development Group and Waterstone Builders.

NEW HOMES COMING TO CAPE HARBOUR

The proposed development will complement the feel and style of the Cape Harbour community. Plans for the first phase of development include a mix of two- and three-story townhomes with one or two-car garages and waterfront villas with two-car garages.

Marina Villas, with three-bedroom floor plans, will be priced starting from the mid $300s. Gulf access waterfront three-bedroom, single-story villas will start at just under $1 million based on location and optional features.

NEW HOMES COMING TO CAPE HARBOUR

A grand opening event will be held on February 14-16 at the Marina Villas at Cape Harbour Sales Center located at 5703 Cape Harbour Drive. Miloff Aubuchon Realty Group, Inc. has been selected LDC Cape Harbour Holdings as the exclusive on-site sales team.

For more information, call (239) 542-1075.

City Hosts South Cape Development Workshop on September 12

City Hosts South Cape Development Workshop on September 12

The City’s Economic Development Office is hosting a Development Workshop on Thursday, September 12 from 8 a.m. until noon. The event will take place at the Vineyard Church, which is located at 923 SE 47th Terrace. Interested developers and the general public are invited to attend the workshop.

City Hosts South Cape Development Workshop on September 12

The purpose of the event is to promote mixed-use and multi-family development in the South Cape, which is rapidly becoming a destination for new restaurants and downtown living. The City seeks to attract multi-family and mixed-use development in its Community Redevelopment Area (CRA) by encouraging developments with potential tax increment financing and incentives.

“There are opportunities to help fill financial gaps with the use of tax increment financing for select developments in the CRA”, said Economic Development Manager Ricardo Noguera. “Ultimately, the City seeks to establish a pedestrian-friendly South Cape with an assortment of restaurants and retail and new multi-family housing and office opportunities. The City and CRA plan to attract office development and employers to the South Cape with an assortment of incentives.”

The City’s Economic Development Office will share development opportunities in the CRA and highlight some of the incentives that are available to developers. Other presentations will include:

  • Keith Wolfe of Wolfe & Associates, who completed a multi-family study that identifies the need for more than 1,200 multi-family units per year in Cape Coral.
  • Local architect Art Castellanos will share information about a development scenario involving a mixed-use project on a 30,000 square foot plot of land.
  • The City’s Department of Community Development Director Vincent Cautero also will share highlights of the new zoning designations to promote higher density development in CRA. The City recently increased densities in the Cape to 100 units per acre and heights up to 120 feet in order to enable developers to increase density and building heights.

For more information, please contact Economic Development Manager Ricardo Noguera at (239)-233-7427 or via email at RNoguera@capecoral.net.

BIG Real Estate Questions

BIG Real Estate Questions

I’m Buying Florida Property. What are My Protections? Part II

BIG Real Estate Questions

State Laws, the Realtor Association Code of Ethics, and Cultural Norms will all affect your purchase process, and how to best protect yourself.

What if I Don’t Have A Home Inspection Contingency?

Even many seasoned agents may overlook this one

Another – more commonly missed – but powerful protection is the MLS listing itself.

BIG Real Estate Questions

The MLS listing is, itself, a contract. When two agents join the Association, they agree – under the Realtor Code of Ethics – to behave in a cooperative way with each other.

The actual MLS listing for your property is not only an ad. It is a system designed for Realtors to cooperate with each other. It consists of more information than you will personally find on consumer-level websites such as Realtor.com or Zillow.com. The MLS listing includes offered commission splits for bringing that seller a buyer, private notes about the property, and sometimes already-filled-out addendums such as those previously mentioned.

Often, a listing will either privately or publicly offer items or services. The seller may offer a previously performed home inspection, a home warranty, money for a trashed carpet, or items of personal property.

These items commonly get listed in your purchase contract. However, even if they are not – as they are written, and published as an offer (to “some buyer,” or to “some Realtor with some buyer” – the offers in that listing are still enforceable.

BIG Real Estate Questions

Let’s say, for example, that the listing says, “Come and buy this! The shed comes with the house!” Then, at the final walk-through, the buyer finds that the shed is missing. The seller’s response is, “You never wrote in the contract that you wanted the shed. So, we took it with us.”

The easiest way to have had this ad upheld would have been to have had it written in the contract. However, let’s say that we already didn’t do that. We can still provide the Title Company, Attorney, or Broker who is settling (closing) your transaction a full, printed copy of that MLS listing.

That title company will have to interpret the language of the listing as an agreement. And if that shed is also pictured in the MLS listing – let’s just say that, one way or another, you’re getting that shed.

At this point – if the seller still will not comply – the title company, Realtor Association mediator, or judge will likely return the buyer’s earnest money, and let the parties go their separate ways. OR, you could get an order requiring the delivery of the shed.

So, yes, the buyer could even take the case to court to have it enforced.

More Broadly – Other ads, pictures, texts, and emails are admissible (to a title company, to the Realtors Association, and to a judge) as evidence of an agreement, or as evidence of a violation of an agreement.

BIG Real Estate Questions

So, What’s the Bottom Line?

Florida is commonly referred to as an “As-Is,” or Caveat Emptor state. State guidelines bar cities and counties from upholding their own ordinances or even the state’s own building codes when entering into a resale transaction. This is a result of the Florida Association of Realtors having successfully lobbied in favor of removing barriers to the sale.

Given the nature of this state’s laws and transaction culture, your best protections are to:

  1. Get everything in writing that is required to be in writing.
  2. Get the non-required home inspection contingency in writing, and make sure it’s at least 15 days.
  3. Get everything else that is important to you written into the agreement (with caveats for some financing stuations).
  4. Check what’s written anywhere (and that means anywhere) regarding your agreement.

And that’s the bottom line.

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