SW Florida real estate after Ian

[Aaron S.]

Realize this is more of an investment forum, but we have been looking for a home in the Fort Myers area for the past year.  We are looking for a higher end property with gulf access (canal) or at least fairly close to the gulf with a marina nearby.  Will likely spend several million.

Very curious to see what the housing/rebuild market does after Hurricane Ian.  Obviously, the rebuild will take years.  We love the area and still intend to build or buy here, but I’m a little nervous about making that investment right now.  We’re actually looking at the new Ritz Residences being built in Estero.  Look awesome and they’re just breaking ground, but nervous that the prices are going to plummet right after we purchase as this area rebuilds.  Also, hate to miss buying opportunities as I’m sure the storm will scare people out of the area and may create some buying opportunities.

Would appreciate any insight!