Terraces at Riverwalk

Posted in the Fort Myers Forum

Comments

Showing posts 1 - 20 of95
< prev page
|
Go to last page| Jump to page:
Tommy trip

Lehigh Acres, FL

|
Report Abuse
|
Judge it!
|
#1
May 14, 2009
 
Has anyone heard of any problems with the Condos at The Terraces at riverwalk? Or Heard of any of the healht concerns with the place due to Chinese Drywall at the place? There seems to be a huge amount of condos for sale, but nothing selling and no one seems to be living there? Just concerned that this might be one of those "to good to be true" deals?
Ron

United States

|
Report Abuse
|
Judge it!
|
#2
Jul 12, 2009
 
I own a condo there. I paid 257k you want to talk about me being sick with health issues. That seems to be the only health issue here!! Let be know if u have questions bizaniss@aol.com
Frank

Hamburg, NY

|
Report Abuse
|
Judge it!
|
#3
Sep 3, 2009
 
Ron,
How is the HO association doing? Is the property being maintained? I vsited in Dec 2008 and as "Tommy" has said, it was virtually a ghost town. Well maintained pool had noone using it. 2 of 8 buildings appeared never to be occupied and some of those had construction defeciencies. Current pricing (units prev sold for 200-295,000 going for 75,000 did seem too good to be true. In the other 6 units construction seemed pretty good. I love the layout of the various unit types. Units with "den" seemed to offer great deal/space. How is this project and homeowners association doing? I amd definitely interested but equally skeptical. Your hope should be that others buy at ANY price. After that the values will start to recover.
Ray

Wilkes Barre, PA

|
Report Abuse
|
Judge it!
|
#4
Sep 4, 2009
 

Judged:

1

I bought a unit there in May and could not be happier - we have been going to Ft. Myers for almost 20 years and know most of the developments.
Riverwalk is a sister community of Osprey Cove and Heritage Pointe and was built with the came quality materials and construction. This development is no different than the tons of other developments that were obscenely overpriced when they were built and are now suffering the results of that greed... What we paid for our unit in Riverwalk is almost a third of it's original selling price and it's probably 'right-priced' for today's market. As to 'deserted',- not true - in the time we started looking, till just this past week end when we came back from a 2-week vacation there, there are 10-11 new owners (we ourselves were outbid on 3 separate units there) so the place is beginning to rebound...
Frank

Hamburg, NY

|
Report Abuse
|
Judge it!
|
#5
Sep 5, 2009
 
Ray,

Is the Homeowners association run well and are its finances adequate? Has there been any issue with "chinese drywall" in these units? Seems like I heard nothing new from a negative standpoint since visiting last December. Sales activity seems to be picking up. You seem to be happy which is good for you and other owners---even those whose property values have dropped. Thanks for your comments.
Ray wrote:
I bought a unit there in May and could not be happier - we have been going to Ft. Myers for almost 20 years and know most of the developments.
Riverwalk is a sister community of Osprey Cove and Heritage Pointe and was built with the came quality materials and construction. This development is no different than the tons of other developments that were obscenely overpriced when they were built and are now suffering the results of that greed... What we paid for our unit in Riverwalk is almost a third of it's original selling price and it's probably 'right-priced' for today's market. As to 'deserted',- not true - in the time we started looking, till just this past week end when we came back from a 2-week vacation there, there are 10-11 new owners (we ourselves were outbid on 3 separate units there) so the place is beginning to rebound...
Ray

Wilkes Barre, PA

|
Report Abuse
|
Judge it!
|
#6
Sep 5, 2009
 
All seems to be in order with Associations - the place is well maintained: Pool, grounds, etc.
They have actually just switched to a new management
company that is used in some of the sister developments and the expectation is some savings on fees...
Investor Looking

Ghent, NY

|
Report Abuse
|
Judge it!
|
#7
Sep 7, 2009
 
There are so many good buys in Fort Myers right now that if you have ever thought of buying, now is the time. Just make sure you check out the fees, posibilty of chinese drywall & the financial status of the community you are thinking about buying in. With all the foreclosures, short sales, people aren't paying their fees & just wait for the special assessments to start popping up!
Ray

Wilkes Barre, PA

|
Report Abuse
|
Judge it!
|
#8
Sep 7, 2009
 
So true... and be ABSOLUTELY Sure you get AND READ your Condo Docs BEFORE you sign a contract. There are instances where there are $2000-$3000 'special fees' being levied that will appear on your HUD... If you know about them before hand, you may be able to negotiate with the seller/bank to split these fees....
Lisa

Morris, IL

|
Report Abuse
|
Judge it!
|
#9
Oct 25, 2009
 
I am the owner in Terrace IV and part of the renewed Condo Association. There are several on the market and the units are selling within days. The one I have in building 7 it is beautiful: Corion counters, solid wood cabinets, tile floors, crown molding, super clean. The one I purchased has never been used appliances: mirco, stove, garbage disposal, fridge, stainless steel washer, and dryer. Access to the club house are with a key fob.
Denise

Fort Myers, FL

|
Report Abuse
|
Judge it!
|
#10
Oct 27, 2009
 
I bought at Terraces of Riverwalk in April, 2009. I LOVE IT. I strictly use it as a vacation home and try to come down as often as I can. It was a tad risky back then, but things have become stable. Condos are selling quite quickly. Everything is taken care of - condo fees will be lowering as more units sold especially in Buildings 7 and 8 - which have now come on the market. Those were risky, but now are able to be sold which will help the condo association even more!
Frank

Oakdale, PA

|
Report Abuse
|
Judge it!
|
#11
Nov 3, 2009
 
I bought a unit in the 600 bldg.in Feb, just getting ready to close on another in the 700 bldg, 12 were sold iunderstand, the problem was people who purchased them for 275-300,000 were waiting for them to go for 355,000..guess what..yep.. now all under foreclosure.. time to buy...
Ray

Wilkes Barre, PA

|
Report Abuse
|
Judge it!
|
#12
Nov 15, 2009
 
Just got back today from a 2 week vacation there - the place looks great: new landscaping, trees & bushes... the lakes were treated for algae, and the xmas decorations are going up... We attended a board meeting last week and they announced that over 20 units have been sold in bldgs 7 & 8 - this is great news.
Will

Saint Louis, MO

|
Report Abuse
|
Judge it!
|
#13
Nov 17, 2009
 
Great information. Do you know the civic address of buildings 7 and 8?

Since: Sep 09

Fort Myers, FL

|
Report Abuse
|
Judge it!
|
#14
Nov 17, 2009
 
I think there's just a massive supply of condos in downtown, and that's driving the prices. Heck, whole buildings are empty. There certainly could be issues there, but raw numbers of units for sale might not be the best good/bad indicator.
Tommy trip wrote:
Has anyone heard of any problems with the Condos at The Terraces at riverwalk? Or Heard of any of the healht concerns with the place due to Chinese Drywall at the place? There seems to be a huge amount of condos for sale, but nothing selling and no one seems to be living there? Just concerned that this might be one of those "to good to be true" deals?
Lisa

Minooka, IL

|
Report Abuse
|
Judge it!
|
#15
Nov 17, 2009
 
The address for building 7 is 8261 Pathfinder Loop, Fort Myers 33919. Building 8 is 8270 Pathfinder Loop.
Denise

United States

|
Report Abuse
|
Judge it!
|
#16
Nov 24, 2009
 
Received notice that the Master Association fees WENT DOWN just over $30.00 per month at Terraces of Riverwalk. That is great news!
Denise

United States

|
Report Abuse
|
Judge it!
|
#17
Nov 24, 2009
 
Thanks for this information, Ray!!! Great news!
Heading South

Morris, IL

|
Report Abuse
|
Judge it!
|
#18
Dec 18, 2009
 
We are heading south to Terrace IV at Riverwalk. We own one condo and just closed on a second in building 7 on Monday. If anyone is interested in renting: tenant or seasonal, I will send my email address.
Ray

Wilkes Barre, PA

|
Report Abuse
|
Judge it!
|
#19
Dec 20, 2009
 
Yep - Blgds 7 & 8 are fantastic opportunities right now - prices are great, the development is looking good and the new management company is doing a solid job.....Hope to head down myself in January if possible.....
Bob

United States

|
Report Abuse
|
Judge it!
|
#20
Dec 26, 2009
 
Checking out some units for a Feb. visit and find $200-400 HOA at other places. I think I saw somewhere that the 2/2 1408 sq. ft. places at Terraces have a $580 HOA. Is that the correct number and why so high compared to others?

Tell me when this thread is updated: (Registration is not required)

Add to my Tracker Send me an email

Showing posts 1 - 20 of95
< prev page
|
Go to last page| Jump to page:
Type in your comments below
Name
(appears on your post)
Comments
Characters left: 4000
Type the numbers you see in the image on the right:

Please note by clicking on "Post Comment" you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

23 Users are viewing the Fort Myers Forum right now

Search the Fort Myers Forum:
Topic Updated Last By Comments
Deloy Wilkerson (Sep '09) 13 hr wahaha 2
St. Pete Pride could draw record crowd (Jun '13) Tue john 14
Sandoval Tue LEO 477 2
ladies how many men have you "slept" with (Nov '08) Jul 6 Baby Girl 500
Review: Prosperity Pointe Marina Jul 5 The TRUE Prosperity Point 1
Debate: Marijuana - Cape Coral, FL (Aug '10) Jul 5 Susan Sykes 69
FL 2010 Florida Governor Race Election Results a "... (Nov '10) Jul 4 the protected species 2,911
•••
•••
•••
•••

Fort Myers Jobs

•••
Enter and win $5000
•••
•••

Fort Myers People Search

Addresses and phone numbers for FREE

•••

Fort Myers News, Events & Info

Click for news, events and info in Fort Myers
•••

Personal Finance

Mortgages [ See current mortgage rates ]
•••