Flood Insurance on Useppa Island The Current/Tampa Bay - November 25, 2013 Legislation that sent flood insurance premiums skyrocketing for some waterfront homes and is chilling part of the local real estate market will be reformed by the end of the year, an author of the law said Nov. 9. Homeowners and Realtors have been calling for relief from the stiff rate increases, organizing rallies across the nation, including last month in Tampa Bay, to protest rates that have increased by 600 percent … [Read more...]
Archives for November 2013
Useppa Island Villa – 301 #A Useppa Island – Useppa Island, FL
Just Listed - Useppa Island Villa - 301 A Useppa Island Florida 4 Bedroom, 3 Bath and 3,130 square feet Coquina Cottage is built like a battleship but soft and charming to the eye. Featuring 4 bedrooms and 3 baths, plus office, this villa offers 270 degree panoramic views of the ICW, Pine Island Sound, the Useppa marina and sunsets over Cayo Costa. This home was completely re-engineered and rebuilt in 2005, including 150MPH siding, standing seam roof, impact glass + … [Read more...]
Useppa Island Opportunities – Great Exposure DuPont Registry
DuPont Registry posted as HOME OF DAY - View the listing. 308 Useppa Island is getting great exposure to potential buyers … [Read more...]
Jumbo Mortgages Cheaper than other Mortgages
Considering every property on Useppa Island is going to have a Jumbo Loan (unless purchased for cash) we thought this recent report on the cost of borrowing would be significant for our market. Jumbo mortgages cheaper than other mortgages WASHINGTON – Nov. 14, 2013 – In an unusual move, jumbo mortgages are becoming a bigger bargain over conforming loans. Lenders are offering jumbo mortgages at lower rates – more than a quarter of a percentage point – than conforming loans backed by … [Read more...]
Vacation Home Recovery
The following analysis from RCLCO mirrors the same demand foundation we used at McColgan & Company during the 80’s and 90’s boom in second home communities. We were tasked to appraise and judge feasibility for many developments in areas similar to those addressed in the study. This is a really good read, and especially meaningful for Useppa Island and all the Paradise Coast of SW Florida. Vacation Housing Recovery Tied to Primary Housing Starts Recovery Soon Is Likely in Areas that … [Read more...]
309 Useppa Island – Perfect Island Cottage
309 Useppa Island - Useppa Island, FL Single Family Home | 2 beds | 2 baths | 1516 Square Feet | Private Dock Offered for $785,000 This is the perfect little Useppa Island cottage, nestled on the shore of protected Rum Cove, with private dockage for up to a 40' boat and a view across the Intracoastal Waterway to Cabbage Key. An east/west exposure, both sunrise and, sunset, bathe the home in color and light, offering magical views. This 2-bedroom, 2-bath home boasts "Old Florida" design, open … [Read more...]
Useppa Island Waterfront Villa – Best Opportunity
Welcome to 513 Useppa Island Useppa Village Waterfront - Useppa Island Florida Useppa Island Waterfront Villa 3 bedroom | 2 bath | 1,794 sq. ft. | private dock and stunning views Offered Furnished for $425,000 Located five miles from the hustle and bustle of mainland Florida, fall in love with this enchanted paradise of sea, sky, barefoot luxury and "Old Florida" ambiance. Enjoy all of life's modern amenities, abundant recreation, mainland shuttle, heliport, great fishing and blissful … [Read more...]