Gulfview Market Report July 2006

This building is centrally located on Marco Island's Crescent Beach and is a highly desired building and there are several incredible values for those that desire a second home on the beach. Built in the early 70's this building has been going through many updates and many of the available units have been completely renovated.

There are 265 units on 21 floors in the building with three floorplan designs in the building. This building is next to Resident's Beach and south facing units have amazing views to Cape Marco while the North facing units have spectacular sunsets. Amenities include an activity/social room, fitness center, heated pool, elevator, security, tennis courts and covered parking.As of today there are 24 units for sale with 16 North Facing (even numbered units) and 8 South Facing (odd numbered units). Of the three Floorplans the A which is beach front there are 3 active listings, 5 of the C Floorplan which is street side of the building and the remaining 16 units are the B which are in the middle of the building. Active prices range from $695,000 - $1,159,000.
Since July 1, 2005 there have been 8 units that have closed. Sales prices have ranged from $590,000 - $1,010,000. There is one unit that is under contract at this time.

** All statistical information is gather from the Marco Island Area Association of Realtors. **