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        <title>Marco Island Real Estate Blog</title>
        <link>http://www.buymarco.com/blog/2013-08/</link>
        <description>Your resource for Marco Island real estate news. This Marco Island blog is updated regularly with homes for sale, recently sold homes and condos, market conditions and other useful information.</description>
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        <author>dan@buymarco.com (Dan Boyle)</author>
        <title>Island Luxury Homes</title>
    <description> <![CDATA[ 

Over the last two years, we've watched certain segments of our real estate market on Marco Island heat up.  As the runaway train of descending home values gradually slowed down, we'd notice that the buyers would gravitate to one segment and then another with no rhyme or reason.  In 2012 it was lots.  The number of lots sold in 2012 was up 74 above the level set in 2011.  While this run on lots was underway, condos and single-family homes weren't ignored by any means, but sales increases were not close to that of lots.


Since then, we've seen periodic runs on low-priced waterfront homes, beach condos and then inland homes. Now, Marco Island luxury homes are getting scarce.  We're seeing buyers and investors coming over from Miami because the market there has run up so rapidly. Their inventory has shrunken so dramatically that sellers are in absolute control.  Buyers have come to Marco in hopes of finding a little less competition for luxury homes. 


It's not just Miami, though.  Canadians and Europeans are also in town to take advantage the upside potential of Southwest Florida real estate.  Savvy buyers from around the world recognize that our market offers spectacular value right now and that the bargains are disappearing. 


Plus, our little island is getting awfully close to being &quot;built-out&quot;.  Once this happens, real estate here will see appreciation similar to what took place on Key Biscayne, another Mackle Brothers development, years ago.  Small, inland homes start at around $1.5 MM now.  Direct access waterfront can exceed $25 MM.


So, if you've been a little reluctant to jump in to Marco Island luxury real estate, you shouldn't be.  The train is leaving the station and it won't be coming back - not to these prices.  If you look at the graph of real estate prices on Marco or all of Florida for that matter,you'll see what I mean.  If the real estate bubble never happened and appreciation rolled along like it always had before, prices would be 40-50 higher than where they are now.  I can't imagine a better argument buying property here right now.
 ]]> </description>
    <pubDate>Mon, 26 Aug 2013 12:30:00 -0400</pubDate>
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    <guid>https://www.buymarco.com/blog/mainsail-condos-for-sale-in-naples.html</guid>
    <link>https://www.buymarco.com/blog/mainsail-condos-for-sale-in-naples.html</link>
        <author>dan@buymarco.com (Dan Boyle)</author>
        <title>Mainsail Condos For Sale in Naples</title>
    <description> <![CDATA[ 

Mainsail I, II, III and IV in Naples, Florida represent some of the best bargains around if you're looking for an affordable condo.  Located in the Marco Shores area adjacent to Hammock Bay, Mainsail condos are all situated on a serene lake and across the street from a beautiful golf course.  If you're a pilot, the Marco Island airport is only a few minute away. If you're not a pilot, you shouldn't be concerned about airplane noise.  Marco Island's airport is quite small and traffic in and out is very light on its heaviest day.


Mainsail condominiums are lovely, two bedroom/two bath units that are roomy and efficient.  They make a great place for second home or an economical primary residence.  Conveniently located between Marco Island and Naples, residents can reach either spot very quickly.  Nearby golf, boating and Marco Beach means that you'll never be wanting for fun activities.


Each condo has about 1000 s.f. of total area. Current prices are under $135,000 making Mainsail one of the best bargains around.  Heck, these are the same prices that these condos sold for in 2003, long before the real estate bubble even started to inflate.  I call that a no-brainer.  Real estate values in the area have been trampled to levels far below fair value.  There is no down-side risk in purchasing condos at these levels.


If that isn't enough of an argument in support of the value at Mainsail, consider the neighboring property.  Hammock Bay is home to some of the areas most luxurious condos.  Aversana, Lesina and Serano are right next door to Mainsail and these highrises sell for up to a million bucks.  I call that appreciation by association.  The intrinsic value of the Marco Shores enclave is powerful and supports the future value of your Mainsail condo. 


Well, it sounds good but what about the taxes and maintenance fees?  Cheap Taxes in 2012 were in the neighborhood of $1200 if it's a second home and only about $600 if you make your condo your primary residence.  Maintenance fees are about as low as they come at $372 and this includes cable tv, water and sewer and all the usual stuff like common insurance and landscaping.


Speaking of landscaping, the grounds at Mainsail are fantastic  Palm trees and tropical vegitation are everywhere and accent the lake beautifully.  Don't be alarmed if you occaisionally see an alligator lounging at the edge of the lake.  Alligators are far more docile and lathargic than people realize.  I'm not saying that you should throw caution to the wind, but, they won't bother you if you don't bother them.
 ]]> </description>
    <pubDate>Thu, 22 Aug 2013 09:26:00 -0400</pubDate>
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