Posted by Mark Washburn on Wednesday, March 2, 2011 at 5:03:04 PM By Mark Washburn / March 2, 2011 Comment
The most expensive home to sell in Lee County, Florida during February 2011 was a Cape Coral single-family waterfront estate home located within the Harbour Preserve neighborhood of Cape Harbour. This 6,690 SF is located at 5845 Armada Court, Cape Coral, FL and features 5 BR / 7 BA. The home was on the market for 100 days. The selling price was $2.625M / $392 SF, which was 80% of asking price. Congratulation to selling Realtor Jim Peterson of Miloff Aubuchon Realty Group for closing the most expensive residential property in February 2011. Honorable mention for 2nd most expensive Lee County residential property sold in February 2011 was a Fort Myers Beach single-family homes located directly on the Gulf of Mexico in the McPhie Park neighborhood. This 4,164 SF home located at 5820 Estero Boulevard, Fort Myers Beach, FL features 5 BR / 4 BA. This home was on the market for 1198 days. The selling price was $2M / $480 SF, which was 154% of asking price. Congratulations to selling Realtor Jeff G. Tyson of Sellstate Landmark Properties for closing this transaction. In February 2011, there were seventeen residential transactions in Lee County with a selling price over $1M, up from seven in January, 11 in December 2010, five in November 2010 and seven in October 2010. The Fort Myers luxury market was up considerably last month. Here is a resource if you are interested in learning more about Fort Myers luxury homes that are currently listed for sale.
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