New Construction – These two towers were the first of five planned buildings on 17 acres along the Caloosahatchee River in Fort Myers, FL. Each tower is 32 stories and have a total of 440 units and 654,205 sq ft. The project is planned to have a marina, tennis courts and a clubhouse along 1,000 sq ft of water frontage. Units range in size from 867 sq ft to 1,800 sq ft and there will be multilevel clubhouse linking towers I & II. Currents rents at the property are $.90 to $1.00 per sq ft. Average closed prices are $401 per sq ft. There are approximately 200 units in Tower I and 225 units in Tower II (of a total of 240).