Downtown Fort Myers High-rise Round-up

Beau Rivage High-rise Fort Myers FloridaSouthwest Florida condo buyers are taking notice of the significant price reductions at Fort Myers River District high-rise developments. Over the last 12 months, 63 condos worth a total of $11.4M worth have sold in the six new Fort Myers riverfront condo developments.  On a dollars per square foot basis, recent sales have been at about 50% of the price that these condos originally sold for as new construction. Here is a breakdown by building of these transactions: [caption id="attachment_2541" align="aligncenter" width="547" caption="Fort Myers High-rise 12 month snapshot"][/caption]

The Oasis has been a complete bust with no sales in the last year and High Point Place continues its leadership position as the premier Fort Myers luxury high-rise building.  Buyers are attracted to the high-end finishes in High Point Place units and also welcome the urban amenities including Starbucks and Publix that are available right outside the front door.

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