Gasparilla Island property woes from the Great Recession have been almost completely cleaned up.
"There is only one short sale and one bank-owned left," said broker Bob Melvin of Gasparilla Properties. "Prices are stabilizing and beginning to increase."
The number of properties sold through the first six months of 2011 and 2012 is virtually the same but the average price fetched through each sale is up 18 percent on 70 sales worth $1.14 million through the first six months of 2011 to $1.34 million on 71 sales the same period this year.
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The Seale Family Inc. Realtors of Boca Grande listed the nearly 1-acre Boca Grande Isles building site on Boca Grande Bayou as the Property of the Week.
There have been 20 sales of $1.5 million or more so far this year for an increase of 33 percent over the 15 through the first half of 2011.
The following information may not include all listed expired, withdrawn, pending or sold properties from the My Florida Regional Multiple Listing Service.
NEW BOCA GRANDE LISTINGS
Fact Box
Property of the Week
The Seale Family Inc. Realtors of Boca Grande have listed the nearly 1-acre Boca Grande Isles building site on Boca Grande Bayou as the Property of the Week. The site has been improved with seawall, dock and davits, central water and electric. Nicely landscaped with 125-foot depth on deep sailboat water with easy access to Intracoastal Waterway. Asking: $ 2.195 million.
4011 40th St., 4/3.5, $1.799 million
PENDING
None
PRICE CHANGES
Boca Grande North Slip No. 49, reduced $60,000 to $100,000
589 Buttonwood Drive, reduced $100,000 to $1.795 million
CLOSINGS
394 Gulf Blvd, listed at $2.4 million, sold for $2.13 million June 25
Boca Grande Club 46A, listed at $2 million, sold for $2 million July 2
970 Ninth St., listed at $795,000, sold for $750,000 June 29
154 Sheepshank Drive, listed at $1.345 million, sold for $1.3 million July 2
PLACIDA/CAPE HAZE LISTINGS
13210 Anglers Way, 4/4, $995,000
10 Cobia Drive, 4/3.5, $675,000
Boca Vista C-305, 3/2, $379,000
9721 Eagle Preserve, lot 3, $159,000
PENDING
None
PRICE CHANGES
255 Spaniards Road, reduced $30,000 to $599,900
275 Capstan Drive, reduced $9,500 to $99,500
CLOSINGS
9 Arlington Drive, listed at $165,000, sold for $158,500
253 Arlington Drive, listed at $359,000, sold for $355,000 July 3
PROPERTY TRANSFERS
The following Lee County property transfer listings through July 2 include date, property owner, type property, address, sale price and strap number, which is a 17-digit number that precisely identifies a piece of property and its location:
