Our team at Malt Realty and Development are continuing to strive for ways to improve our property management company in order to better service our clients. As we enter 2015, we are excited at the latest reports and trends developing here in beautiful Southwest Florida.
Lee and Collier counties are like two siblings, joined at the rear with each looking to the future with a different perspective. The two counties are among the top 10 fastest growing in the nation, with Lee showing 3.6% growth and Collier realizing 4.4% growth over the past year, according to a mid-year market report by CB Richard Ellis. More specifically, Lee County has large areas available for residential and commercial development.
According to the Herald Tribune in 2013, the cost of residential rent in Southwest Florida is climbing at one of the fastest rates in the nation.
BY THE NUMBERS
Southwest Florida’s rental market soars
• Nation’s fourth highest occupancy at 96.9 percent in February
• Nation’s sixth-steepest price increase at 6.68 percent
• Average rent of 89 cents per square foot
• More estimated growth of 3 percent annually through 2017
Source: Axiometrics Inc.
Come view our available properties and receive the full service you need and deserve. With over 40 years of successful property management and rentals, our highly motivated Managers and Agents work diligently every day to achieve your goal! Our staff is qualified to communicate the attributes of your property to prospective renters due to our up to date knowledge of the local market place.
1614 Colonial Boulevard, Ste. 102
Fort Myers, FL 33907
TEL (239) 936-1320