Posted on June 3, 2015 - 09:59 AM
by Tom Demogenes
The Cape Coral City Council has amended the timeframe for public utility installation in the lower half of unit 59 in the Northwest Cape. Properties between Embers Pkwy & the Bonefish Canal on north/south and Burnt Store Rd and Old Burnt Store Rd will now be on public water and sewer by 2017. Originally these properties in unit 59 were not scheduled to have public utilities for at least five years. When the utilities are installed starting next summer it will add greatly to the desirability and value of these properties. The cost for public utilities is typically between $16,000 and $18,000, and the vast majority of property owners opt for the 20 year pay-off program, which is added to the yearly property tax bill. Tom: in my opinion the reason the city added these additional properties to next year's expansion is due to the high demand for new homes, and the fact that unit 58 (just south of unit 59) will be mostly developed by the time the utility expansion in unit 58 is completed.. Unit 58 and the lower half of unit 59 are the closest to "open water" in that area, thus highly desirable to boaters.
Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would love to hear from you and tell you how I can serve all your real estate needs.
Copyright 2019 Multiple Listing Service of Greater Fort Myers and the Beach, Inc.; All rights reserved. The data relating to real estate for sale on this web site is the copyrighted and proprietary database of the Multiple Listing Service of Greater Fort Myers and the Beach, Inc. The properties displayed may not be all of the properties in the MLS\' database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than Luxury Waterfront Team are marked with BR logo and include the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; buyers are advised to verify facts before making the decision to purchase a property. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Information provided is for consumer\'s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This site will be monitored for \'scraping\' and any use of search facilities of data on the site other than by a consumer looking to purchase real estate, is prohibited. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2019-06-18.