REPORT SHOWS HIGH RENT COSTS MAKING IT HARD TO LIVE IN MOST OF FLORIDA

REPORT SHOWS HIGH RENT COSTS MAKING IT HARD TO LIVE IN MOST OF FLORIDA

REPORT SHOWS HIGH RENT COSTS MAKING IT HARD TO LIVE IN MOST OF FLORIDA

High-rent costs are making it harder for many people to make ends meet in Florida, and that especially includes Southwest Florida – one of the most expensive areas to rent in the state. 

According to the Out of Reach 2021 report by the National Low Income Housing Coalition, an individual would have to make more than $26 an hour to afford housing in parts of Collier County.

REPORT SHOWS HIGH RENT COSTS MAKING IT HARD TO LIVE IN MOST OF FLORIDA

On average, someone would have to work nearly three full-time jobs at minimum wage to afford a two-bedroom rental home. 

According to the report, one of the top five most expensive areas to rent is the Naples-Immokalee-Marco Island area, where renters would need to make $55,000 annually on average to live comfortably. 

The salaries needed to live comfortably in Cape Coral and Fort Myers are almost $48,000 each year and more than $42,000 in Punta Gorda.

DESIGNS COMPLETED FOR NEW WATERFRONT RESIDENTIAL BUILDING IN CAPE CORAL

DESIGNS COMPLETED FOR NEW WATERFRONT RESIDENTIAL BUILDING IN CAPE CORAL

DESIGNS COMPLETED FOR NEW WATERFRONT RESIDENTIAL BUILDING IN CAPE CORAL

GMA Architects & Planners has completed its designs for a nautical-themed, multi-family residential building that will offer waterfront living in southern Cape Coral.

Located along Coronado Parkway, the building’s two-story design reflects a Bahamas-inspired architectural style and tropical, waterfront setting.

DESIGNS COMPLETED FOR NEW WATERFRONT RESIDENTIAL BUILDING IN CAPE CORAL

Residents will have waterfront views across the 80-foot-wide Atlantic Canal, which provides direct access to the Caloosahatchee River.

Residents will also have access to private boat slips and a custom-built boat dock, as well as a common pool deck and gathering space that overlooks the boat basin.

DESIGNS COMPLETED FOR NEW WATERFRONT RESIDENTIAL BUILDING IN CAPE CORAL

The building offers ground-level parking below two levels of residential living space. Once completed, the multi-family building will offer 12 two-bedroom and four three-bedroom units.

Project partners broke ground in early April and anticipate completion in February 2022.

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.

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