Posted by Mark Washburn on Friday, December 2, 2005 at 3:37 AM By Mark Washburn / December 2, 2005 Comment
Riverfront luxury scene Like an early arrival at a high school dance, Beau Rivage is out on the floor waiting for the party to begin. Several other luxury high-rise projects are under development in close proximity to the Beau Rivage. Over time this neighborhood figures to become ground zero for luxury condo living in Ft. Myers. The yellow and white high-rise towers over the banks of the Caloosahatchee River providing amazing 24 x 7 views to its residents. The Beau Rivage consists of 124 units spread across 22 floors. Currently, 22 units (18%) are listed for re-sale in the MLS system. The prices range from a low of $449,500 for unit 202to a high of $898,000 for unit 2203. The best deal at this time appears to be unit 1902 listed at 462,500. The average asking price at Beau Rivage is currently $340 per sq. ft. According to the Lee County tax records, Beau Rivage ownership is heavily geared toward investor, second home owners. Approximately 19% of the units are currently owner occupied.
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