News about properties and real estate
Renters at 360-apartment Naples complex ordered to move out Add this number to Collier County’s affordable housing nightmare: 360 apartments on the border of Golden Gate Estates and North Naples will be off the market within three months. Owners contend the apartment complex isn’t going condo, but this week renters in 360 Bermuda Island units …
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Good in Deed: Bids at auction have property appraiser’s office processors working overtime It was standing room only at Tuesday’s tax deed auction. Deputy Clerk of Courts Kenny Downs estimated that about 75-85 people bid on tax deeds, some of which went for 10 times their listed price. Tuesday’s auction is another example the fervor …
Local home builders say that slump has arrived Southwest Florida home builders, subcontractors and suppliers are beginning to fret about the state of their industry. Many have seen sales drop in the past three months. If that trend continues, the regional economy could be in for a rough year. Whether inflated prices, rising interest rates, …
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Financial promoter, wife plead not guilty: Judge grants request from Wade Cook for public defender Well-known financial promoter Wade B. Cook and his wife pleaded not guilty Thursday to federal charges of concealing nearly $8.9 million from the Internal Revenue Service. Cook, 56, and his wife Laura, 52, who own a home near Fall City, …
Vacation home not exempt from real estate taxes DEAR BOB: I own a beach condo, which I rented out last summer through a rental agency. This summer I want to use it as my second home, but periodically allow family and close friends to use it at a reduced rental rate to help with expenses. …
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Rents increasing as office, industrial space remains scarce around S. Florida Office and industrial space will remain scarce across South Florida this year, leading to higher rental rates and giving landlords even more leverage than they have now, two leading real estate brokers say. “I think people who have historically signed three- to five-year leases …
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