Lake Vista Condos, Lakewood Ranch
The Lake Vista condominiums in Lakewood Ranch represent some of the best opportunities in today’s market. These condos were built in 2006 and 2007 at which time the prices where in the $500,000s. Since then the prices have fallen dramatically from the peak due to the fact that because one investor owns more than 10% of the 132 units the property is not approved for mortgage financing. Cash only buyers have driven the prices down to around $100.00 per square foot. Now is the time to buy in this development. The location is next to Lakewood Ranch Country Club, Lakewood Ranch Main Street shops and the Lakewood Ranch Hospital. These units could not be built for these prices.