Naples Real Estate Info Archives - Larry Roorda Realtor

Condo 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…

New 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…

Lighthouse 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…

Changes 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…

Recession 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…

SilverSpot 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…

Brooks Club agreement withdrawn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…

WCI 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…

Mediterra 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…

Sales in July up 67 percent

The Naples Area Board of Realtors announced last Friday that overall home sales increased by 67 percent in July compared to the previous year. In addition to the increase in sales, there has been a 12 percent decrease in the inventory of homes. The supply of housing available dropped to an 18.7 month supply from…