Phil Fernandez | Naples Daily News
It’s a question many have been asking about Captiva’s South Seas Island Resort ‒ like Naples resident Charles A. Turner this week:
“When are they projecting to reopen?”
In what’s been described as a close to billion-dollar battering by Hurricane Ian, the storied South Seas Island Resort has set sail for a September reopening.
That would put it close to the one-year mark of the earth-shattering storm that slammed Southwest Florida Sept. 28.
“We estimate we had eight-and-a-half feet of storm surge,” said Greg Spencer, CEO of Winter Park-based Timbers Resorts, the compound’s owner since 2021. “We took a pretty good hit. Almost every building on the property needs a new roof.”
The targeted date wouldn’t be lost on Spencer, who first talked last year of Ian’s timing.
“Ironically, our one-year anniversary was the day the storm hit,” said Spencer, who referenced the renovation price tag. “We estimate it’s going to be anywhere from $800 million to a billion.”
Read the full article on naplesnews.com
Contact David to find your new home in Southwest Florida. at David@DavidFlorida.com or 239-285-1086.
The Santa Barbara style architecture of the Coach Homes at Talis Park’s Corsica neighborhood has three front elevations. The of 64 homes are offered in 16 two-story buildings with four residences in each building. The homes are arranged along Corsica’s curving streetscape showing off the lovely landscaping of Talis Park. Each south-facing coach home has a view of Talis Park’s park and water views.
With open and livable floor plans, these coach homes are built by award-winning FrontDoor Communities, a community developer with a reputation for exceeding expectations.
Contact David for more information and to arrange to view the Corsica Coach Homes at Talis Park, Naples, Florida. Direct: 239-285-1086 David@DavidFlorida.com
Living area of new construction Corsica Coach Home at Talis Park, Naples. photo: talispark.com
RISMEDIA, Thursday, October 16, 2014
The 30-year fixed mortgage rate on Zillow(R) Mortgages is currently 3.81 percent, down fifteen basis points from this time last week. The 30-year fixed mortgage rate dropped Wednesday, then hovered around 3.88 percent for most of the week before falling to the current rate.
“Rates dropped to the lowest level since June 2013 on news that the Federal Reserve has more reservations about the health of the U.S. and global economy than expected, which in turn, may delay rate hikes,” says Erin Lantz, vice president of mortgages at Zillow. “With little economic news planned to overshadow the Fed’s latest comments, this week we expect rates to fairly remain stable, hovering just shy of 4 percent.”
Zillow’s real-time mortgage rates are based on thousands of custom mortgage quotes submitted daily to anonymous borrowers on the Zillow Mortgages site, and reflect the most recent changes in the market. These are not marketing rates, or a weekly survey.
The rate for a 15-year fixed home loan is currently 2.96 percent, while the rate for a 5-1 adjustable-rate mortgage (ARM) is 2.70 percent.
Celebrating 57 years, Naples’ oldest art fair, Art in the Park features Naples Art Association members showcasing a variety of original paintings, photographs, unique décor, wearables, collectibles and gifts. On Park Street just to the west of The von Liebig Art Center, this juried art fair is held the first Saturday of the month November through April. Don’t miss the last event of the season on April 5th. Get the details.
Beautiful white sand beaches offer front seat views of spectacular sunsets. Take a picnic, relax and watch the show, or enjoy the sunset before going off to dinner at a fine restaurant. Enjoy one of the many beaches along the Gulf coast from Estero to Marco Island.
Bowditch Point Regional Park, Estero at the north end of Estero Island. Picnic and barbecue facilities, pavilion, showers, restrooms, bike and hiking paths and handicap accessible boardwalk.
Lynn Hall Memorial Park at the north end of Estero Island. Fishing pier, bathhouse, picnic & barbecue facilities, rentals, refreshment stand, swings, volleyball and parking area.
Lover’s Key Johnson Park – Bowman’s Beach, Estero has picnic facilities, boardwalks, nature trails, restrooms and a tram to the beach. Call 239-472-6477 for more information.
Lover’s Key State Recreation Area, Estero is south of Big Carlos Pass on County Road 865 at the north end of Black Island (south of Estero Island), 1 square mile state park.
Barefoot Beach Park/Preserve, Bonita Springs is a large park with 365 acres of beaches and trails.
Bonita Beach Park, Bonita Springs has picnic shelters, volleyball courts and a bathhouse. The surf fishing is pretty good and the sand is great. There are several “beachy” places to eat within walking distance of the park. Bring quarters for parking.
Delnor-Wiggins State Recreation Area, Naples is open 8 a.m. to sunset and there are lifeguards on duty.You can enjoy great sand and 166 acres of nature trails, woods and beaches with lots of trees and wildlife. There is an observation tower, picnic areas, grills, large clean restrooms and showers. Admission and parking fees. Call 239-597-6196 for more information.
Vanderbilt Beach, Naples is next to the Ritz-Carlton Hotel and within easy walking distance of several casual restaurants. Facilities include lifeguards, picnic areas, grills, tower, boat ramp, restrooms and showers. There is limited parking a few blocks east and handicapped parking is right at the beach entrance.
Clam Pass, Naples is next to the Registry Resort. There is lots of parking. You can take a tram or walk (10 to 15 minutes) through the mangroves, along the boardwalk to the beach. Chaise lounge and equipment rentals are available on the beach from the Registry Resort. There is a lots of parking, snack bar, outdoor showers and restrooms, water-sport equipment rentals.
Beach Parks, Gulf Shore Boulevard North, There are three beach parks accessible from Gulf Shore North, Horizon Way, Vedado Way and Via Miramar. These are pretty, serene beaches perfect for sunning, walking, shell collecting, surf fishing and watching shore birds. There is a stone jetty at the south end of Via Miramar beach, making it a good place to find shells and other sea life. There are hoses for rinsing off but no other amenities. Parking is limited, the meters take quarters.
Lowdermilk Park has loads of parking, a snack bar, vending area, picnic tables, volleyball courts, and decent restrooms. There are restaurants and a deli in a small shopping center across the street.
Beach Parks, Gulf Shore Blvd. South, Naples -There is beach access at every Avenue from 8th Avenue North to 18th Avenue South. There are no restrooms or other amenities, just beautiful sand beaches, gulf breezes and gentle surf. Outdoor showers or foot showers. Parking is very limited, the meters take quarters. There are no restrooms or other amenities. You will also find public access to the beach on Gordon Drive at 32nd and 33rd Avenues South.
More About Beaches:
2 Southwest Florida Beaches on Top 10 List
What is there for kids to do in Naples? In July?
By Steve Cook | RISMEDIA, Monday, November 25, 2013
A majority of the nation’s largest markets, 52 percent, have now recovered more than half of the equity they lost during the Great Recession, according to the latest Rebound Report from Homes.com.
For the fourth consecutive month, all of the 200 midsize local markets measured continued to show gains year over year for the single-family index in October. While the number of top 100 markets achieving a full recovery remained flat from the previous month, there was noticeable improvement in the number of these markets pertaining to overall recovery. Three markets moved out of the 0-25 percent rebound range, and three markets moved up in the 75-100 percent rebound range.
Month-over-month increases in index values were seen in 251 of the top 300 markets, down from 253 the previous month. The slight downtrend is likely due to both seasonal trends and the state of recovery for these markets. Of the 49 markets that saw declines last month, 18 have fully recovered their decline in home prices from the housing bubble and show signs of continuing stabilization.
Seasonal downtrends, along with market stabilization, continued to trend at the end of the third quarter increased month to month – slightly down by three from last month’s report. However, the month-to-month declines displayed by 39 markets are relatively nominal, with the largest decrease being -0.93 index points in Lynchburg, Va.
“As we end the third quarter, both large and small markets that previously achieved full price recovery from the housing depression consolidated their gains reached during the home buying season. One in four surpassed their pre-recession peak values,” said Brock MacLean, executive vice president of Homes.com. “These price gains are restoring millions of homeowners to positive equity and are reviving local real estate markets across the country.”
The latest Homes.com Local Market Index reports:
- Year-over-year increases in all top 300 markets.
- Monthly increases in 90 of the top 100 markets and in 161 of the 200 midsized markets.
- Honolulu, Hawaii remains the top gaining market on a year-over-year basis, with a 28.88 index point or 13.07 percent increase.
- California markets [Los Angeles-Long Beach-Santa Ana, Calif.; San Diego-Carlsbad-San Marcos, Calif., San Francisco-Oakland-Fremont, Calif.; Bakersfield-Delano, Calif.] are the remaining 4 in the top 5. Year-over-year, they increased 26.73, 25.98, 25.41 and 20.32 index points, respectively, but are only an average of 32 percent back to recovery.
- All of the top 10 monthly gaining markets from the top 100 are in the West, up from nine in the previous month and six in the month prior to that.
- Highlights from the Homes.com Rebound Report for the top 300 markets show:
- 80 have made more than a 100 percent rebound, indicating a complete recovery in these markets. This is an increase from 77 markets in the previous reporting period.
- The three newest markets to achieve a full rebound are Davenport-Moline-Rock Island, Iowa-Ill., Santa Fe, N.M. and Jefferson City, Mo.
- 152 show more than a 50 percent rebound, up from 143 markets in the previous month.
- 24 percent (19) of the 80 fully rebounded markets reported month-over-month losses, and the remaining averaged 1 percent gains month-over-month compared to .75 percent gain in non-recovered markets. This illustrates the seasonal downtrend in the housing market along with a leveling of home prices.
22 markets were not affected by the boom-bust scenario of the U.S. housing bubble. These markets did not experience the same peak-to-trough decline displayed by the remaining 278 markets. All of these markets are midsize markets, with half from the state of Texas and 73 percent from energy-producing areas. They include: Brownsville-Harlingen, Texas; Killeen-Temple-Fort Hood, Texas; Shreveport-Bossier City, La.; Anchorage, Alaska; Fayetteville, N.C.; Charleston, W.Va.; Lubbock, Texas; Cedar Rapids, Iowa; Amarillo, Texas; Waco, Texas; College Station-Bryan, Texas; Longview, Texas; Tyler, Texas; Fargo, N.D.-Minn.; Jacksonville, N.C.; Monroe, La.; Waterloo-Cedar Falls,
For more information, visit www.Realestateeconomywatch.com.
