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Marco Island, FL Real Estate News

By Christine O'Shea
(Christine E O'Shea Broker)
Marco Island Fireworks will start at 9:00 P.M. on July4th at Resident's Beach, 130 S. Collier Blvd. Marco Island FL. Beach parking is for Residents only.  Others will need to park and walk or valet park.     My name is Christine O’Shea Broker-Associate with NATIONS Realtors in Naples FL.   I specialize in residential real estate in Naples FL and Marco Island FL which include residential re-sale properties and new construction.  I also handle Naples area residential Short Sales for both buyers and Sellers                There are many Gated Golf Communities in Naples FL featuring both Bundled Golf and Equity Memberships.   Homes for sale in Naples FL also include waterfront and beach front, condominiums and single family homes.   Homes for sale on Marco Island FL, Include single homes ba...
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By Natalie Kirstein
(John R. Wood Realtors)
     Subject: Marco Island Real Estate: February Pending & Reports SOAR! REVISED       Marco Island's strong real estate market ended up with additional boost with two positive articles about our beautiful island in paradise.  First, TripAdvisors rated Marco Island as the #1 island in the United States and #4 in the world: Best Island in the United States.  Second, a recent study published by CoreLogic reflected anticipation of double-digit gains in housing prices for Southwest Florida (as reported in the Naples Daily News).   Another positive article which inadvertently impacts Marco Island was featured in the Wall Street Journal on February 14, 2014, "Vacation Homes that Invite Shop Talk."  The article focused on how vacation homes sales in the U.S. are rebounding.  Mark Zandi, chief ...
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By Dan Boyle, Broker - Land & Sea International Realty
(Land & Sea International Realty)
Marco Island, Florida is about to get a new resident.  House Speaker, John Boehner, just purchased a 3BR, 3BA luxury condo in The Tampico. The $899,000 condo was listed and on the market for almost a year when Boehner struck a deal at $835,000.  This was the lowest sales price in the building in the last year or so.The Tampico is part of Cape Marco, the most prestigious beachfront community on the island.  Made up of six luxury condominiums, Cape Marco occupies one of the most prime pieces of real estate in Florida.  The southwest corner of the island almost forms a peninsula and the views from all six buildings are spectacular.How did Boenher pay for the condo?  Many of us assume that politicians are corrupt and finagle deals that inexpicably include unscrupulous people.  This deal was...
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By Natalie Kirstein
(John R. Wood Realtors)
          The Marco Island Real Estate Market for January 2014 was on "fire" with gains in closed sales, pending sales (under contract), and average sales price.  Furthermore, inventory continues to decline leaving Marco Island with fewer properties for sale.    Every category of the real estate market for Marco Island had positive reports in January 2014 (for a year-over-year comparison).  Consider the following real estate trends. Pending Sales (Under Contract):  increased by 38% January 2014:  214 January 2013: 155 Closed Sales: increased by 41.94% January 2014:  88 January 2013:  62 Inventory (Properties for sale):  decreased by 9.16% January 2014: 1,120 January 2013: 1,233 Average Sales Price: increased by 14.29% 2013 Average Sales Price:  $563,559 2012 Average Sales Price:  $493,0...
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By Elizabeth Weintraub Sacramento Broker, Put 40 years of experience to work for you
(Elizabeth Anne Weintraub, Broker)
I spotted a blog on the homepage of Active Rain this morning titled something like: It's Christmas so let's ditch our cellphones, and I did not click on it. My mother said if you don't have anything nice to say, come over and sit by her. No, wait, that was Dorothy Parker. Ditch my cellphone, twalala, twalala, la la la. Am waiting for a counter offer to come back, one of two sent out yesterday, and then we are checking out of our lovely Marco Island hotel and heading for The Keys. Read more about about our Christmas Eve in my personal blog today at Merry Christmas from Marco Island. And Happy Holidays everybody!
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By Elizabeth Weintraub Sacramento Broker, Put 40 years of experience to work for you
(Elizabeth Anne Weintraub, Broker)
Last night we elected to try the Tasting Option for dinner at our hotel, along with a flight. It was not exactly what we had in mind. There were 7 courses, but if this place truly serves the best seabass in the country, I feel sorry for California. It was sort of slimy and similar to the seabass you would be served in a Chinese restaurant, with some sort of plum sauce over it, but it's pretty gutsy to call it the Best Seabass. Our final entree was a tenderloin I had ordered rare. Rare to me means when I cut it there is blood on the plate. But they simmered this first in a water bath, apparently. I suspect the ahi tuna is better, so that's what I will order next time around. How can you mess up ahi tuna? You can read more about our adventures on Marco Island at the beach in my personal b...
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By Elizabeth Weintraub Sacramento Broker, Put 40 years of experience to work for you
(Elizabeth Anne Weintraub, Broker)
Finally, we have landed in a hotel back in civilization again on Marco Island. Although you wouldn't know it from this photo. This is Everglades National Park, which is a moving river. I can't say enough bad things about Miami, though, so I won't. Besides, it's possible that I just had a bad luck everywhere that I went. Let's just say I am thrilled to be at Marco Island, and you'll hear more about this kickback resort area -- safe, clean and quiet as our Eastern European waitperson called it last night -- tomorrow. Today, I'd like to give you the scoop about our experiences visiting Shark Valley: How Badly Do You Want to See Everglades National Park? Warning: contains photos of alligators. Photo: Elizabeth Weintraub
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By Dan Boyle, Broker - Land & Sea International Realty
(Land & Sea International Realty)
A new website is up and running on Marco Island.  MarcoIslandCondoGirl.com is dedicated to those people shopping strictly for a condo on Marco Island and don't want to have to sift through houses and lots.  They won't have to cull through a million Naples listings to find what they wan either. The website was created by popular demand.  Condo buyers on the island are looking for something a house can't provide - absolute peace of mind while their away.  Condo owners usually have their primary home somewhere else in the country or the world and only spend part of the year here on Marco.  When they're away, they don't want to have to worry about the lawn, the pool or the plumbing.  With a condo, they don't have to.  Just lock the door and head back up north.  Everything will be taken care...
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By Natalie Kirstein
(John R. Wood Realtors)
          Dear    Monthly Year-over-Year Comparisons  While October 2013 showed consistent, double digit gains, the gains were limited to only a 10.8% gain which falls short of the "hot" sales growth experienced in previous months. The dip to nominal, double digit gains in closed sales can be attributed to the fears and eventual Government shut down for the first half of October 2013.     Below represents some of the strong gains we have experienced in closed sales in the Marco Island Real Estate Market in 2013 (for a year-over-year comparison):   May 2013 -- 45.2% increase (in comparison to May 2012); February 2013 -- 30% sales increase; April 2013 -- 20.6% increase; July 2013 -- 18% increase; September 2013 -- 16% increase. October 2013 --10.8% increase. Note: The color coded line ite...
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By Christine O'Shea
(Christine E O'Shea Broker)
This evening I went over to Marco Island and took a new look at my new private office. I am so excited!  I love working from home, throwing in a load of wash or taking the dog for a walk, but there is nothing like going to an office to be productive and work! Come on over and visit, I am on the top floor of the Sun Trust Building! My name is Christine O’Shea Broker-Associate with NATIONS Realtors in Naples FL.   I specialize in residential real estate in Naples FL and Marco Island FL which include residential re-sale properties and new construction.  I also handle Naples area residential Short Sales for both buyers and Sellers                There are many Gated Golf Communities in Naples FL featuring both Bundled Golf and Equity Memberships.   Homes for sale in Naples FL also include w...
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By Natalie Kirstein
(John R. Wood Realtors)
          Marco Island was "hot" again in September 2013 with the fifth best month for sales growth for the year.  September posted a nice gain of 16% (over September 2012).    Overall, 2013 is sizing up to be an impressive year for sales growth.  Consider the top 5 strongest months for sales gains for the year:  The strongest month for sales growth took place in May 2013 with a 45.2% increase; February 2013 excelled with 30% sales increase; April 2013 sales were strong with a 20.6% increase; July 2013 reported an impressive 18% increase in sales; September 2013 reported a 16% increase in sales.   As sales volume increases, the number of properties for sale continues to decline and currently reflects pre-peak inventory levels.  In September 2004, just as the market was moving towards th...
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By Natalie Kirstein
(John R. Wood Realtors)
  Subject: Marco Island Real Estate: August Simmers         Dear Natalie    Overall, the "hot" real estate market in July 2013 for Marco Island, ended up "simmering" in August 2013.  Although, August 2013 experienced the second highest sales volume since August 2006 (against August historical trends), there was a slight decrease in closed sales for August 2013 (104 sales in August 2012 versus 84 closed sales in August 2013).    Inventory continued its downward trend last month.  August inventory levels were the second lowest since 2003, just prior to the peak of the real estate market.    While the overall market was simmering in August for Marco Island, the luxury market is "boiling hot"!   For the 5 month selling period, large gains were reported in the luxury real estate market with ...
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By Christine O'Shea
(Christine E O'Shea Broker)
We had a nice laid back day today.  I made breakfast and then went a block over to lease a rental property. After that, we decided to head on over to Marco Island and take a second look at a beautiful home that is a short sale.  It is on a busy street, but would be great for signage for the office and already has two offices in it. The property is over 5,000 square feet and was a model home, a short sale and amazing, custom features through out!   Here is the view from the second floor veranda overlooking the canal that goes out to the Gulf of Mexico!   After we previewed the home, we went over to the Marco Island Brewery for their Sunday Foot Ball Special! $2.00 Bloody Marys  $2.00 pulled pork sliders and various other tasty dishes, including over 40 televisions with any football game ...
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By Natalie Kirstein
(John R. Wood Realtors)
       July hits the trifecta for Marco Island Real Estate with sales, inventory, and prices!   The upward trend in real estate sales continued for the month of July.  As you may recall, April reported the highest month and May the second highest month of sales since the peak of the real estate market.  Furthermore, Marco Island saw an increase of 45.2% in closed sales for May 2013 (versus May 2012). July 2013 showed continued strength with a closed sales increase of 20% (versus July 2012).    To provide a double dose of good news for the market, inventory was at its lowest levels since 2005 with only 1012 properties for sale. For July 2013, compared to July 2012, inventory dropped by over 13.2%.   Hitting the trifecta in the Marco Island Real Estate Market is increased prices.  For fir...
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By Natalie Kirstein
(John R. Wood Realtors)
    Stellar sales were reported again for May 2013.  Interestingly, Marco Island had the 2 highest months of sales reported since the peak of the real estate market in April and May 2013.  April was the highest month and May 2013 was the second highest month of reported sales.   Overall, Marco Island saw an increase of 45.2% in closed sales for May 2013 (versus May 2012).  However, pending sales for May 2013 dipped slightly by 10.34%.   To provide a double dose of good news for the Marco Island Real Estate Market, inventory was at its lowest levels since 2005 with only 1079 properties for sale (when comparing annual inventory for the month of May).  Inventory is also down almost half from its highest inventory level of 2,123 properties for sale (May 2007).  For May 2013 compared to May...
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By Natalie Kirstein
(John R. Wood Realtors)
        After a spectacular year of sales growth in 2012, the beginning of 2013 showed a slight slowdown in the local real estate market with the first quarter of 2013 reporting a decrease in closed sales by 2.68%. However, in mid-March th...
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By Natalie Kirstein
(John R. Wood Realtors)
Across Marco Island, May 2013 saw another stellar month for sales, the second strongest month of sales since the start of 2005.   Interestingly, this positive change in closed sales has also transformed the inventory base.  For example, Madeira has gone from 12 units for sale to only 2!   This can only mean further positive news to pricing in the newest, luxury, beachfront condominium on Marco Island.   12/28/11 3/15/13 6/10/13 TODAY Condos for Sale 22 12 2   Reference the link to the virtual tour for Madeira #703, which I just sold for $2,140,000 in May 2013.  The virtual tour link shows this luxury condominium as well as some of Madeira’s amenities.   Madeira #703 Virtual Tour Link.      The Madeira Market Update by Stack showcases the overall transformation in the Madeira with the fo...
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By Christine O'Shea
(Christine E O'Shea Broker)
The Marco Island Yacht Club is just over the Jolly Bridge to the right as you get onto the island.   The Club House building for the Yacht Club overlooks the water and one can sit inside and watch the sunset and the boats.  It is one of our reciprocals and I look forward to dining there shortly.  (I understand they have a great Sunday brunch)! This is the pier that runs along the right side of the club! There are some beautiful boats at the Marco Island Yacht Club.   My name is Christine O’Shea Broker-Associate with Downing Frye Realty in Naples FL.   I specialize in residential real estate in Naples FL and Marco Island FL which include residential re-sale properties and new construction.  I also handle Naples area residential Short Sales for both buyers and Sellers   There are many Gat...
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By Christine O'Shea
(Christine E O'Shea Broker)
  My name is Christine O’Shea Broker-Associate with Downing Frye Realty in Naples FL. I specialize in residential real estate in Naples FL and Marco Island FL which include residential re-sale properties and new construction.  I also handle Naples area residential Short Sales for both buyers and Sellers There are many Gated Golf Communities in Naples FL featuring both Bundled Golf and Equity Memberships. Homes for sale in Naples FL also include waterfront and beach front, condominiums and single family homes. Homes for sale on March Island FL, Include single homes backing to water with Gulf access along with condos and High Rise Condos! Real Estate in Naples FL and Real Estate in Marco Island FL is a Great Investment. People from every state and country come to Purchase Property for Sa...
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By Christine O'Shea
(Christine E O'Shea Broker)
Beautiful scene today from Marco Island FL   My name is Christine O’Shea Broker-Associate with Downing Frye Realty in Naples FL. I specialize in residential real estate in Naples FL and Marco Island FL which include residential re-sale properties and new construction.  I also handle Naples area residential Short Sales for both buyers and Sellers There are many Gated Golf Communities in Naples FL featuring both Bundled Golf and Equity Memberships. Homes for sale in Naples FL also include waterfront and beach front, condominiums and single family homes. Homes for sale on March Island FL, Include single homes backing to water with Gulf access along with condos and High Rise Condos! Real Estate in Naples FL and Real Estate in Marco Island FL is a Great Investment. People from every state a...
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