Riverwalk was developed by US Home/Lennar in the 2005/2006 timeframe. One of the challenges facing this community is the heavy investor participation and the subsequent shakeout that is now occurring.
Here is a resource to view all the active listings at the Terraces of Riverwalk: http://www.greaterftmyers.com/terraces-of-riverwalk.php
Good luck in your search!
Secondly, read the condo docs very carefully to see what rental restrictions apply. You want to make sure that you can rent seasonally. When renting this way look for a development that is close to shopping, dining, beaches, possibly golf courses, medical facilities, etc. Some possibilities could also be Lucaya, Laguna Lakes, Beachwalk, Majestic Palms and Calusa Palms. To see what is available, look at http://www.Hope4HomeBuyers.Listingbook.com and do a no obligation custom search. Any questions at all, we would be delighted to help.
Neil G. Blair-Bennett
Alliance Realty Group
14090 Metropolis Ave Suite 206
Fort Myers, Florida 33912
Direct Line: (239) 645-3798
I would advise looking for "bank owned" Condos. They are usually a better price and can close fast. Send me an email wiht your price point and I will send you some "bank owned" to consider.
Kevin T. Watts, Broker Associate
REMAX Realty Group
http://www.kevintwatts.com (Search Foreclosures Here!)
This is a great area and investment. It is a short sale, listed at $75,000. A Well kept 2BR/2BA condo located in The Terraces of Riverwalk. Superb location close to Edison College, shopping, dining, & the Beaches of Fort Myers & Sanibel Island. Beautiful clubhouse & community pool. Owner has never lived in home and it is in immaculate condition, nature preserve views. For more info and photos, feel free to drop me an email or call.
Right Choice Realty LLC
Activerain Local Blog: http://localism.com/neighbor/lloydn
Active Rain Blog: http://activerain.com/lloydn
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