Michelis to Offer City of Cape Coral 1.5 Million for Land
Michelis is one of the most popular restaurants in Lee County, Florida. According to the recent report of winknews.com, owners of the said restaurant say that they desperately need to expand their business. For them to proceed with the expansion, they need to purchase the land that sits next to their business. They are willing …
Lee County To Vote Land Use On Monday
Lee County, located in southwest Florida is home to 586,908 people. It is known for its year-round warm climate and beautiful winter resort. Fort Myers, which is Lee County’s commercial center, is also a very popular tourist area. Over the years, the county has experienced several improvements to adapt to the ever changing economy. Recently, …
Canadians Top Real Estate Investors in Florida
According to the report of thestar.com, more than 500,000 Canadians now own a property in Florida. Canada, which is the country’s closest neighbor, is also by far the top investor in the real estate industry in the Sunshine State. This is evident even with the increase interest of Asian and South American buyers. It only …
Cape Coral Property Demolished Without Properly Notifying Owner Get Appraised
In Oct. 24, 2011, a Cape Coral property was demolished by the city without proper notification. The owner of the property is looking at a possible settlement of approximately $40,000. Thomas Stewart of news-press.com said that this amount is an estimate of what the home was worth, the day before the city tore it down. …
Cape Coral Property Owners May Face New Tax For City Development
Just last week, city manager John Szerlag proposed a plan that would assist in the development of Cape Coral. His plan is to raise $21 million a year to make up for the sagging property taxes and to catch up with capital needs ignored by previous city leaders. This figure would mean that an average …
Council Approves 8-0 Rezoning of Surfside Property
During Monday’s regular meeting at City Hall, the Cape Coral City Council approved unanimously the rezoning of a site at 2441 Surfside Boulevard despite protests from the residents living near the area. The rezoning of the Surfside property is a legislative action which went through an intricate process. The controversial Cape Coral property is located …
Real Estate Market in Florida on the Rise
Experts say that many states in America are starting to show signs of recovery. To determine if the real estate market is indeed recovering, real estate experts are using several indicators like records of pending home sales, improved economy, increase residential and business construction projects and high record of new and existing home sales. Floridarealtors.org, …
54,000 Accounts Will Receive Refunds for 1990’s Utilities Expansion Costs
It seems that aside from federal tax refunds, Cape Coral property owners will also receive a part of $19 million as the city gives back to those who had water, sewer and irrigation lines installed in the 1990’s. According to Thomas Stewart of news-press.com, about 54,000 accounts will be able to see the money. Homeowners …
Homeowners Insurance in Florida on the Rise
Many residents are feeling the pressure as Florida homeowners insurance continues to rise, despite not having a major hurricane since 2005. According to Andrea Rumbaugh of news-press.com, one Cape Coral resident received a notice from her insurance company that she is going to have pay $900 for the annual increase in her homeowners insurance. The …
Why the EB5 is Attractive to Investors And Developers
Are you thinking of moving to the United States for good? Perhaps, you are a foreigner, planning to invest in a Miami or Fort Myers property in Florida or perhaps another state in America. If you are, there is a U.S. visa known as the EB5 that offers more than just entry to a foreigner. …
