Property for sale locally covers the whole gamut: detached, townhouse and apartments (known as condominiums or condos).
Barton Wyatt are marketing Reunion Resort & Club, Orlando. Located on 2,300 acres of rolling terrain, 25 minutes southwest of Orlando, the resort is home to three signature golf courses from renowned designers Arnold Palmer, Tom Watson and Jack Nicklaus.
Reunion owners and members can choose from an array of amenities including two grand resort clubhouses, tennis courts and a superb spa and fitness centre. The villa condominiums are located within walking distance to Reunion’s Water Park, the shops and restaurants at Reunion Square. All villa units are three bedroom, three-bath condominiums, 14 to a building, with six exterior units and eight interior units. Prices start at $339,031 (£241,000).
Elsewhere, on Florida’s Gulf Coast, Sarasota offers spectacular white-sand beaches and sparkling azure waters, a vibrant cultural scene, world class shopping and excellent dining. Located just outside Sarasota, Nicklaus Manor is home to property which ranges from three bedroom, three bathroom homes with a library or swimming pool, outdoor dining areas and floor-to-ceiling windows to four bedroom, five bathroom homes with a larger library, elevator, butler’s pantry and bar.
Set in a private enclave within The Concession Golf Club & Residences each of the 33 properties on the Nicklaus Manor estate have outdoor living areas that are designed to take advantage of the pristine lakes and tranquil oak-hammock views. A 24-hour concierge service adds to the ease of living in the gated community of Nicklaus Manor. Properties range from 305-510m2, and prices for completed properties start at $1,711,782 (£1,219,000) with Barton Wyatt.
While $1m is not chump change by anyone’s measure, statistical indicators and market analysts suggest prices may be about as low as they will fall: a new US president, the introduction of vast sums of money into the financial markets to assist liquidity, and the weakening pound against the dollar – which experts say will ‘soften’ further before it ‘hardens’ are all said to be signs that Uncle Sam is about to rise again.
There are also early signs that several upmarket areas are seeing price stabilisation, which is often a barometer for the rest of the market. NAR’s Mike said: 'Stabilisation is occurring in what may be regarded as Florida’s ‘prime’ real estate markets of Marco Island, Palm Beach, Fort Myers, Miami, Port St Lucie, and Sarasota. All of these areas have seen statistically significant increases in sales volume over the last year as buyers have moved to take advantage of price reduction opportunities.'
FAR reports a total of 10,817 existing homes sold statewide last month, up 24 per cent over the 8,725 homes sold in September 2007. Among the state’s large to medium-size markets, the Daytona Beach MSA reported a total of 536 homes sold in September compared to 478 homes a year ago for a 12 per cent increase. The property market tide in Florida, it appears, may well be on the turn. The question is do you catch the first wave or wait for the next one?
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Amanda Lamb is on her travels finding you the ideal location for your new house
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