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Real Estate Briefs

June 1, 2018
Cape Coral Daily Breeze

Royal Palm Coast Realtor Association reports big jump in closed sales across county in April

April was a great month for closed sales as well as new pending sales in Lee County, according to statistics released by the Royal Palm Coast Realtor Association. Single-family homes and townhouses and condos sat on the market for less time than in 2017.

Closed sales were up 23 percent for single-family homes last month. In 2017, there were 1,186 closed sales, compared to 1,459 last month. A total of 627 townhouses and condos sold in 2017, compared to 770 last month, an increase of 22.8 percent.

Active listings were up for both categories. There were 6,009 active single-family home listings last month, up 5.1 percent from 5,719 in 2017. There were 3,545 active listings for townhouses and condos in April a slight increase from 2017 when there were 3,495. The month's supply of inventory increased 5.6 percent for single-family but dropped 5.7 percent year-over-year for townhouses and condos.

Broken down by city, Estero and Fort Myers Beach saw large jumps in the number of homes sold. There were 79 closed sales in April compared to just 38 last year, which is an increase of nearly 108 percent. On Fort Myers Beach, 21 homes sold compared to 11 in April 2017, a 91 percent difference. Lehigh Acres, North Fort Myers, Pine Island and Sanibel/Captiva also had large increases in the number of closed sales last month.

The biggest increases when broken down by sale price came in the $250,000 - $299,999, $300,000 - $399,999, $600,000 - $999,999 and $1,000,000 and above price ranges.

LOTUS Architecture to design workplace housing for Cape Coral

LOTUS Architecture has been commissioned by Luis Alonso of Cape Summit LLC for the design of 300-plus workforce housing apartments on multiple sites in Cape Coral. The projects will provide affordable housing opportunities in the city of Cape Coral.

With offices in Fort Myers and Naples, LOTUS maintains a staff of more than 25 creative and experienced professionals.

For additional information about the firm, contact Michael Sheeley, president LOTUS Architecture, at 239-482-2121; or Don Stevenson, ,resident LOTUS Architecture, 239-304-3041

Creighton Construction & Development completes remodel of 7-Eleven store near RSW in Fort Myers

Creighton Construction & Development has completed the remodeling work on a 7-Eleven convenience store with gas station in Fort Myers.

Located at 13550 Treeline Ave., in Fort Myers, just north of the main entrance to Southwest Florida International Airport, the remodel project includes a 5,613-square-foot convenience store with eight fuel pumps and 16 dispensers. Creighton's team for this project was led by project manager Tom White and superintendent Shawn McCoy.

Creighton has completed dozens of new 7-Eleven stores throughout the country in recent years, with locations in Florida, Texas and Colorado, with several under construction at all times.

7-Eleven, Inc. is the largest chain in the convenience-retailing industry. Based in Irving, Texas, 7-Eleven operates, franchises and licenses more than 66,000 stores in 17 countries, including 11,600 in the U.S. and Canada.

Creighton Construction & Development's team of professionals have an extensive background and experience in all aspects of project development, providing complete turnkey service including acquisition, engineering, design, permitting and construction for commercial and residential development.

For more information, call Creighton, which is located at 900 SW Pine Island Road, #202, Cape Coral, at 239-210-0455 or visit



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