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Marco Island, FL Real Estate News

By Colleen Irwin, Creative Real Estate Solutions...
(Retired)
 A hidden treasure on Marco Island is the Collier County Tax Collector's office!  Shhh... I am letting you in on a big secret there are hardly ever any lines here!  You can just walk in and be done with your business.  Located at 1010 Winterberry Drive is a convenient place where you can do any of the following Monday through Friday 8am-1pm & 2pm - 4:45pm.  Their number in case you need more information is (239) 394-6986.Hunting/fishing/boating licensesVehicle Registration and TitleDriver's licensesProperty tax bill paymentsPayment of Traffic finesMaking support paymentsMaking misdemeanor & felony paymentsObtaining marriage licensesObtaining passportsFiling-Declaration of DomicileVoter's RegistrationThis information is provided by Colleen Kulikowski, Realtor  Celebration Florida HomesPa...
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By Colleen Irwin, Creative Real Estate Solutions...
(Retired)
Big news -- all that work is almost done!  Read all about it from today's papers:Marco News - complete with photosMarco Island Sun Times Completion expected January 15th and the improvements are highly anticipated!   This just makes our spectacular beaches even that more wonderful!  Some of the condos that will benefit are those at Cape Marco and Apollo to name a few.This information is provided by Colleen Kulikowski, Realtor for EliteOne Fine Properties.  If you need more information about the Naples/Marco Island area, please feel free to contact me at (239) 821-3063 or colleen@paradisereport.com.   This information is provided by Colleen Kulikowski, Realtor Celebration Florida Homes BLOG            Paradise Report Website        Marco Island Homes BLOG (407) 288-0017            mailto...
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By Colleen Irwin, Creative Real Estate Solutions...
(Retired)
Marco Island is a boating community and has lots of canals...  There are three types of seawalls on these canals:  Original Deltona, T-Pile and Replacement Wall.  Original Walls Designed by Deltona - these walls are over 30 years old and are normally 10'-12' in depth and 5'8' width and 4"-5" thick.T-Pile are 20'-22' poured concrete pilings;panels are normally 10-12' depth 5'-8' wide and 4"-5" thickReplacement Wall are generally thicker and better made, 14'long 6"thick, 5'wide and 5' into the berm.Some Terminology you might want to be familiar with:Seawall Cap - Ties the panels together at the top -- there are two types Non-Structural and structural.Tie Backs - Threaded steel rods that goes from the seawall to a poured concrete anchor approximately 15' into the yard and located every 10'...
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By Colleen Irwin, Creative Real Estate Solutions...
(Retired)
The Gulf Coast Big Band Concert Schedule is out and if you are a fan of Big Band Music -- Well try and attend one of these free concerts:Cambrier Park in Naples - 2pmJanuary 21stFebruary 11thMarch 11thApril 1stMackle Park on Marco Island - 2pmJanuary 28thFebruary 18thMarch 18thApril 15thThis is a group of volunteer, non-profit organization and this is their 17th year of performing and they raise money for their high school scholarship program.  Donations can be sent to Gulf Coast Big Band  624 98th Avenue, North Naples, FL 34108.  All donations are a tax deductible gift.This information is provided by Colleen Kulikowski, Realtor for EliteOne Fine Properties.  If you need more information about the Naples/Marco Island area, please feel free to contact me at (239) 821-3063 or colleen@para...
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By Colleen Irwin, Creative Real Estate Solutions...
(Retired)
   It is raining outside, or too cold to go sit on the beach (Yes Kristal Kraft it can be chilly here some times too!)  Want to meet some new people and make some new friends?  How about you play Bingo, Mah-jongg or cards?  Well on Marco Island you have a lot of options! http://marcoislandhomes.blogspot.com/2007/08/marco-island-lets-play-game.html        This information is provided by Colleen Kulikowski, Realtor Celebration Florida Homes Paradise Report Website Marco Island Homes (407) 288-0017 mailto:colleen@paradisereport.com   An avid writer and photographer Colleen Kulikowski utilizes these talents to assist her clients in achieving their Real Estate goals.   She grew up in Western NY and moved to the Metro NYC area in 1984 where she was a successful consultant in the technology fi...
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By Colleen Irwin, Creative Real Estate Solutions...
(Retired)
  The December Market Update was encouraging in the Gulfview, but since then there have been some activity that increased the competition once again:There are 27 Active listings with an average list price of $846,674 and an average of 201 days on the market.  Prices range from $675,000 to 1,150,000 and even though the lowest priced listing in this building is priced below my theory of modifing the anticipated sales price it remains on the market.There are no pending units at this time.Average Sold price this year for the 5 units that have sold in Gulfview is $684,000 for 2006.  Hopefully 2007 will see an increase in activity.  Here is the historical information regarding Gulfview:Year# of Units Sold Average Sold Price Sold DOM% Change From Prior Year5 Year % ChangePricing Theory - Going...
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By Colleen Irwin, Creative Real Estate Solutions...
(Retired)
 Here are the current stats on Shipps Landing:There are 3 Active Listings in Shipps Landing I with an average list price of $781,667 and averaging 129 days on the Market. There are 2 Active Listings in Shipps Landing II with an aveage list price of $830,000 and averaging 240 days on the market. There are 5 Active Listings in Shipps Landing III with an average list price of $829,380 and averaging 325 days on the market.   In the entire complex, there has only been one sale and that was in Shipps Landing III and sold for $895,000 in 70 days.  To read more about Shipp's Landing, please click on the lower Right under Tags " Shipps Landing" to see my previous posts.  All statistical information is gathered from the Marco Island Area Association of Realtors.         Colleen Kulikowski is your...
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By Carolyn A. Rzaca, Broker Associate, GRI,SRS,TRC
(ROYAL SHELL REAL ESTATE, INC.)
Colleen Kulikowski of EliteOne Fine Properties usually writes about this building, but this month I am going to do the update for her...  Since Colleen's previous post about Sussex, here is what is happening:Nothing.  Sorry, but the sad truth is the only thing that has happened in this building is that the average days on the market have increased to 317 days.This is a centrally located building with restaurants walking distance to the building, close to the beach and the building is on the water with access to the Gulf of Mexico.  You must remember these things about the Sussex:It is a rather low density buildingThere has been a terrible mess with all the construction happening in front of itTake into consideration other boating condos that have sold this year you are looking at sales ...
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By Carolyn A. Rzaca, Broker Associate, GRI,SRS,TRC
(ROYAL SHELL REAL ESTATE, INC.)
Colleen Kulikowski who is part of EliteOne Fine Properties usually writes about The Mirage, you can read her previous Market Updates on The Mirage on her BLOG.  I would like to update you today on what is happening at this south end, gated condo:The last sale took place in October, with a total sales this year of 4 with an average sale price of $1,008,750 and averaging 350 days on the market.There are 7 current listings, an increase of 3 from Colleen's last update.  The average list price is $1,167,571 with the average days on the market at 213 days.There are no pending units for sale at this time. For more in depth information on this or any community in Southwest Florida, please feel free to call me at (239) 393-0100 or visit my website at http://www.eliteonefineproperties.com/.  I lo...
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By Carolyn A. Rzaca, Broker Associate, GRI,SRS,TRC
(ROYAL SHELL REAL ESTATE, INC.)
Breezy Point is a small boating condo on the southern end of Marco Island, just a short walk to Marco Island South Beach entrance.  There are 32 units with deeded docks and the building was built in 1976.  There is currently one unit on the market at Breezy Point listed for $589,000 and has only been on the market for 16 days.  Traditionally when these units go up for sale they do not stay on the market very long as you can see from the history below.Year# of Units Sold Average Sold Price Sold DOMPricing Theory - Going back to 2003 and applying a 15% increase per year of average sold     2007    $   621,771.72 20060 $           -   0 $   540,671.06 20051 $   675,000 135 $   470,148.75 20042 $   517,000 82 $   408,825.00 20034 $   355,500 101 20021 $   330,000 53 20013 $   326,667 76  Fo...
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By Colleen Irwin, Creative Real Estate Solutions...
(Retired)
 The Plantation is situated just a short walk to Marco Island's South Beach Entrance.  When you reach the south end of Marco Island, you reach the area that is quiet and more relaxed, yet has some very chic condos along the beach.  The Plantation is an older more classic building with fishing pier, tennis and pool.  Greeted by an elegant gate, ensures privacy for its residents.    Here is the market activity since my November Update on The Plantation:The Plantation 2-bedroom units there are a total of 6 for sale with an average list price of $892,817 and an average of 358 days on the market.The Plantation 3-bedroom units there are a total of 4 for sale with an average list price of $1,330,000 and an average of 146 days on the market.  The number of days on market have been reduced only ...
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By Colleen Irwin, Creative Real Estate Solutions...
(Retired)
 There has been some changes since Last Month's Post including:One property came off the market, resulting in the number of active listings to 3 with an average list price of $536,137 and an average of 316 days on the market. All three units that are for sale are Funished and are 2 bedroom, 2 bath units and range in list price from $490,000 to $599,500.Currently there are no pending units and there have been no sales in 2006 to date.What does this mean for the market at this time?  Well we are seeing indications that we are coming out of this downward trend and things are starting to look up.  So now is the time to be purchasing your piece of paradise.  NBC-2 News yesterday featured that things are starting to look up here in Southwest Florida. If you are interested in more information ...
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By Carolyn A. Rzaca, Broker Associate, GRI,SRS,TRC
(ROYAL SHELL REAL ESTATE, INC.)
Old Marco Inn is a condo hotel and consists of mainly 2 bedroom, 2 bath furnished units and a series of Penthouses named Marco Cat which skews the average list/sold prices.  Opened just after 9/11 the first year of operation was wrought with losses.  Situated on the Historic site of the Old Marco Inn in historic Olde Marco these condos are brand new.Currently there are no pending and no sold units in Olde Marco Inn for 2006There are 15 active units with an average list price of $838,907 with an average of 298 days on the market.Year# of Units Sold Average Sold Price Sold DOM    2007   20060 $             - 020059 $   514,433 227200441 $   303,976 22120033 $   287,667 89For more in depth information on this or any community in Southwest Florida, please feel free to call me at (239) 393-0...
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By Carolyn A. Rzaca, Broker Associate, GRI,SRS,TRC
(ROYAL SHELL REAL ESTATE, INC.)
 This was a highly anticipated building and competition to get a pre-construction unit was huge.  Realtors who got their clients into this building were very happy to say the least.  They had to go the extra mile for their clients application to be accepted for consideration for one of the 101 units.Madeira was released from the developer this year - so that is part of the reason that there are so many for sale at this time.  People entered into contract when the market was extremely hot for Beachfront property here on Marco Island.    The building has 101 units spread out on 18 floors and centrally located right next to the Marriott Hotel right on the beautiful sugar sand beach of Marco Island.Activity is as follows:38 Active units with an average list price of $2,508,737 and an averag...
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By Carolyn A. Rzaca, Broker Associate, GRI,SRS,TRC
(ROYAL SHELL REAL ESTATE, INC.)
Florentine Gardens is a boating community on the southern part of Marco Island walking distance to South Beach.  So owners here have the best of both worlds -- Boating and Beach!  There are 43 spacious units in this 5 floor building that was built in 1980.  There is a common dock, pool, spa and tennis available.  The complex allows for monthly rentals.Currently there are 4 units for sale with an average list price of $611,500 and an average of 228 days on the market.   Year# of Units Sold Average Sold Price Sold DOMPricing Theory - Going back to 2003 and applying a 15% increase per year of average sold     2007    $   582,244.18 20060 $             - 0 $   506,299.29 20052 $   722,500 140 $   440,260.25 20041 $   540,000 72 $   382,835.00 20031 $   332,900 400 20022 $   303,750 174 2001...
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By Carolyn A. Rzaca, Broker Associate, GRI,SRS,TRC
(ROYAL SHELL REAL ESTATE, INC.)
 The Prince is situated on the other side of Resident's Beach on the south side, on the North side is the Gulfview condo that Colleen Kulikowski writes regularly about.  The Prince was built in 1980 and has 99 units on 13 floors and allows monthly rentals.   Amenities include Pool, Spa, BBQ, Tennis, Exercise Room, Sauna, and an activity room with billards.There are no pending sales at this time and there has been one sale this year.There are four active listings with an average list price of $1,030,975 and an average of 289 days on the market.Year# of Units Sold Average Sold Price Sold DOM% Change From Prior YearPricing Theory - Going back to 2003 and applying a 15% increase per year of average sold      2007     $1,294,264.63 20061 $1,279,000 8621.55% $1,125,447.50 20054 $1,052,250 179...
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By Carolyn A. Rzaca, Broker Associate, GRI,SRS,TRC
(ROYAL SHELL REAL ESTATE, INC.)
Emerald Beach was the first condo on Marco Island and was built in 1967.  This building has only 48 units, large pool with lots of chairs.  There are 5 units for sale in Emerald Beach with an average list price of $511,400 and has been on the market an average of 330 days.There have been no sales in 2005 or 2006 and there are no pending units at this time.   Year# of Units Sold Average Sold Price Sold DOMPricing Theory - Going back to 2003 and applying a 15% increase per year of average sold     2007    $   524,701.88 20060 $             - 0 $   456,262.50 20050 $             - 0 $   396,750.00 200411 $   399,209 89 $   345,000.00 20033 $   300,000 81 20022 $   215,000 149 There is a saturation of properties available on the Beach on Marco Island.  Emerald Beach is an older building and...
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By Colleen Irwin, Creative Real Estate Solutions...
(Retired)
It is a great day here on Paradise!  There are a couple boating condos that I really like here on Marco Island, one of wich is Camelot with its wonderful water views....   At this point there are now 3 Active listings which affects the average list price to $799,000 and reduced from my previous report.The average days on market is 130.  At this time there are no pending listings or closed sales for 2006.Overall waterfront condos there are 216 units for sale ranging in list price from $245,000 to $1,750,000Year# of Units Sold Average Sold Price Sold DOM% Change From Prior Year5 Year % ChangePricing Theory - Going back to 2003 and applying a 15% increase per year of average sold       2007      $   568,427.03 20060 $             - 0 157.81% $   494,284.38 20051 $   825,000 23174.60%  $   ...
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By Colleen Irwin, Creative Real Estate Solutions...
(Retired)
 Seawinds is another beachfront condo on Marco Island with spectacular views of the Gulf of Mexico.  To see photographs and additional market information please view my previous posts.  If you are reading this and wondering is it the time to purchase, take into consideration that there are a lot of opportunity here on Marco Island to find your piece of paradise.   Seawinds activity today:There are currently 6 active units in the building with an average list price of $776,983 and an average Days on the market of 326 days.There is one pending unit listed at $695,000 with an average days on the market of 296There are no sold units at the end of this year.Year# of Units Sold Average Sold Price Sold DOM% Change From Prior YearPricing Theory *      2007     $   885,434.41 20060 0-100.00% $  ...
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By Colleen Irwin, Creative Real Estate Solutions...
(Retired)
 Previous Market Updates on the Apollo of Marco Island have more photographs and additional statstical information.  There has not been much activity in the building as of late.  It is important to remember that this is one of the few buildings on Marco Island that allows weekly rentals which for those that are looking to be able to rent their property makes the building more desirable.  Situated at the south end of Marco Island, just before the entrance to South Beach Public access.  Don't forget to watch the sunset at the Tid Bar in the Apollo, visit their website at:  http://www.tidebeachbar.com/.  Activity is as follows:There are 6 1-bedroom units for sale with an average days on the market of 144 days and average list price $548,467There are 2 3-bedroom units for sale with an avera...
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