I am pleased to announce that I have been elected to the board of directors for the Cape Haze Resort condominium association as the developer prepares to tranfer the HOA over to the private owners of the 144 condominium units at Cape Haze Resort.  More importantly, it has been reported that the Cape Haze Resort property in Cape Haze Florida, is leading the way back from the real estate problems that southwest Florida and the rest of the nation has dealt with over the past few years.

Aprroximately 30 units have been sold to individual owners over the past 18 months at bargain prices, and the developer reports that only a few units remain.  Most of the remaining Cape Haze Resort units are already under contract.  Moreover, the developer is already talking about his plans to begin construction of an additonal 144 Cape Haze Resort units, once some of the other Placida Road inventory clears over the next couple of years.

Cape Haze remains a wonderful mix of year round residences and vacation rental owners.  The luxury pool and clubhouse, as well as the grounds are all in tip-top shape, and the tarpon fishermen are once again grabbing up any remaining Cape Haze Resort vacation rentals for May and June as they prepare for the highly publicized Boca Grande Pass tarpon tournaments.  We are already seeing an increase in advance winter bookings for the 2011 season, with many owners requiring a minimum of two months as prices edge upward from the 2010 winter rates.