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There was one new listing in December, 8545 (2,338sf) was priced at $825,000. There are now eight active listings, one in Boca Lago and seven in Bella Lago. Of those seven, six are harbour units and four of those are in Building 85. No sales closed in December, but there is one pending which is due to close on 3rd January, that is 9723 (2,106sf) listed at $580,000. Two listings that had been inactive, came back; They are 9026 (1,595sf) priced at $487,700 and 8532 (2,338sf) priced at $699,995. As expected, recent activity has been somewhat muted, but there are interested buyers about. Meanwhile, recovery and remediation continue and will for a few more months yet. The special loss assessment has been passed and payments are due by 31st January. They are different for each building – when Vivante was built, each building was its own condominium association and had its own financials. Merging the COAs legally into one in 2011 was an obviously beneficial decision to make, but combining the accounts of each one wasn’t feasible partially because the number of units in each building was different, ranging from eighteen to forty five. The COA board is pressing ahead with our insurers, advisers and suppliers, so we should see the pace of the recovery pick up into the new year.
#vivante #puntagordaisles #floridacondos #puntagorda #vivantepg #vivantetennis
