From $99,999 to $1-million plus: Here’s what Canadians can buy in Florida real estate

Winter is not far from here, time to escape from the winter in Toronto. Florida seems to be the top choice for Canadians because of its housing price and the warm weather. Take a look at the article from financial post and see what houses you can have from $99,999 to one million plus. Friendly reminder, please check the US tax before purchasing property in US.
From $99,999 to $1-million plus: Here’s what Canadians can buy in Florida real estate
Gigi Suhanic | September 17, 2014
Canadians spent $2.2-billion on real estate in the Sunshine State last year, making them Florida's biggest foreign buyer.

Lured by bargain prices, Canadians spent $2.2-billion on Florida property last year, making them the state’s No. 1 foreign buyer of real estate.

Half of all Canadian buyers, most of them paying cash, spent less than US$200,000 — about half the average sale price of a home here last month. Only 16% of Canadians paid more than $400,000 for their Florida homes.

Canadians were behind 31.6% of all international transactions, according to a report Tuesday by the National Association of Realtors for Florida. And so far the lower Canadian dollar hasn’t affected sales.

Here’s a look at what the price range of just under $100,000 to over $1-million will buy in the Sunshine State:

$99,999 or less: A townhouse in Ft. Myers, Fla., selling for $99,999.

$100,000 to $199,999: A two-bedroom house in Ft. Myers selling for $150,000.

$200,000 to $299,000: House for sale in North Ft. Myers for $250,000.

$300,000 to $399,999: House in Ft. Myers selling for $395,000.

$400,000 to $499,999:: Three-bedroom, two-bathroom house in Ft. Myers selling for $475,000.

$500,000 to $749,999: House in Naples selling for $749,000.

$750,000 to $999,999:: Five-bedroom, four-bathroom house in Fort Myers selling for $850,000.

$1,000,000 or more:: House for sale in Naples for $5,700,000.

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Eric Tiftikci

Eric Tiftikci

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CENTURY 21 Leading Edge Realty Inc., Brokerage*
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