Naples Real Estate Info
Condo Highlights: Madrid Club
The Madrid Club consists of 60 units along the Moorings Bay, just south of the Park Shore area. Half of the units offer direct views of the bay, making the Madrid Club a very desirable building. Each unit comes with one reserved parking spot in the garage, underneath the building. The pool is located behind…
Read MoreCondo Highlights: Park Shore Landings
Park Shore Landings is a condominium complex located in the Park Shore subdivision and consists of four separate buildings located on the Venetian Bay. Each of the four buildings in Park Shore landings contains 18 units, for a total of 72 which were built in 1984. What makes Park Shore Landings special is that every…
Read MoreNew Listing: Venetian Cove Club #503
Located in the southernmost condominium building within the Park Shore area, this 2 bedroom 2 bathroom corner unit on the bay offers luxurious views from three sides. Venetian Cove Club owners have access to the Park Shore beachfront walkway. There are Boat slips with lifts available for an annual lease to Venetian Cove Club owners…
Read MoreLighthouse Bay – Required membership
Lighthouse Bay residents are worried what will happen with the sale of the Commons Club in The Brooks. Residents within Lighthouse Bay are required to be members of the club because it is in their deed. No other communities within The Brooks are required to be members, with annual fees starting at $250. Out of…
Read MoreChanges in flood zone maps
Up to 50,000 Collier homes and business could be affected by changes in flood zone maps for the county. If passed, property owners would be required to have more insurance on their properties. Effectively, this proposal would turn much of Collier into a special flood hazard area. This could mean mandatory flood insurance for more…
Read MoreRecession Finally Over?
Ben Bernanke, the Federal Reserve Chairman said he believes that the recession is probably over. Bernanke also says that the economy is likely growing but it still won’t be enough to prevent the unemployment rate from rising. The current unemployment rate is 9.7 percent, which is a 26-year high. He feels confident that a comprehensive…
Read MoreSilverSpot Grand Opening
September 11, 2009 The new SilverSpot movie theater opens tonight at the Mercato in Naples. The SilverSpot is a luxury cinema with large custom made leather seats, a lounge, and a dining room. The lounge and dining room have dark hardwood floors and custom wallpaper. In addition to the normal concessions of other theaters, SilverSpot…
Read MoreBrooks Club agreement withdrawn
Members have called of the agreement to purchase the Commons Club and Shadow Wood in the Brooks. The Bonita Bay Group have put in new demands which have members outraged. The new restructuring officer from the Bonita Bay Group said that they are no longer willing to take on liabilities of more than $250,000 for…
Read MoreWCI under new ownership
WCI has emerged from bankruptcy, after filing for Chapter 11 protection in August 2008. It is now a private company, with the largest shareholder being a private investment firm. The Vice President of this company, Monarch Alternative Capital LP is also on the new board of directors for WCI. All of the previous shareholders and…
Read MoreMediterra clubs
The advisory board at Mediterra reached a partial agreement with their beach and golf clubs from the Bonita Bay Group. The agreement is tentative with the Bonita Bay Group, and is subject to the residents and members approval before being final. Talks with the developer are still ongoing, and members can buy the beach club…
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