SellState Advantage Realty Network, Inc.

Fine Residences in Cape Coral, Florida!
Welcome to SellState Advantage Realty Network, Inc. Sign in | Help

Jim Gibson

Lehigh Acres Florida NEW Bank-Owned Home for $117,000

We have just listed a REO (bank-owned post-foreclosure).  Ready to sell, no delays. 

NEW, NEVER-LIVED-IN !!!  On a nice East-West Street in SW Lehigh that connects to the major exits of I-75.

$117,200 for 1400 sq ft of living area and 1969 sq ft total area.  This is one of the best bargains in SW Florida Real Estate!

St Michael Model Home and details

No way you can build a 1956 sq ft home from scratch in Lee County.  The lot, impact fees, permits and site preparation would blow the project out of the water, even in this present diminished market.  Yes, labor is now a little cheaper, but materials are not much different from 2005/2006.  Impact fees are impact fees, and not much can be done with that.  Site prep is still a major expense, due to the new EPA and Health Department requirements for extensive lot build-up.  So why would you even think about building from scratch when you can have one of these beautiful NEW, Never-Lived-In homes for way below construction cost?  Take advantage of the Law of Supply and Demand!

Dining Room and Kitchen

Contact us now!  We have more of these homes in both Cape Coral and Lehigh Acres, Florida.

Jim Gibson, Florida Realtor, MBA, E-PRO

Cell:     (239) 823-3469

Email:   Jim@JimGibson.BIZ

Web:    http://www.JimGibson.BIZ

Published Monday, May 19, 2008 7:37 PM by Jim Gibson

Comment Notification

Subscribe to this post's comments using RSS

Comments

No Comments

Leave a Comment

(required) 
(optional)
(required) 
 
Submit

This Blog

Syndication