North Star Yacht Club sales increase

FOR IMMEDIATE RELEASE

Contact:           Phyllis Ershowsky
                        239.565.5996

Strength, sales & stability highlight 2010 at North Star Yacht Club 

FORT MYERS, Fla.  (Feb. 10, 2011) – In a market where real estate presented 2010’s biggest challenge, North Star Yacht Club celebrated a very good year. Forty-two residences in the 12-story twin high rises were sold during 2010, making North Star Yacht Club Fort Myers’ top selling luxury waterfront condominium community. More than 50 percent occupied, a vibrant atmosphere has evolved with active owner residents participating in various clubs, classes and on site amenities.

Located along the Caloosahatchee River with a panoramic view of downtown Fort Myers from southern facing terraces, North Star Yacht Club offers the area’s largest waterfront floor plans at value driven price points. Three bedroom and two and a half bath residences are available from $234,900 with two-bedroom and penthouse floor plans also available at reduced prices.

According to Sam Morgan, director of sales for The Marketing Directors, the exclusive sales and marketing firm for North Star Yacht Club, there are multiple reasons for the year’s sales success.

“These are exceptional homes which let residents enjoy the natural beauty of the river and all the benefits of a resort lifestyle, making them a value unparalleled elsewhere in Southwest Florida,” said Morgan. “And rather than empty condos owned by absent investors, our residents are truly enjoying meeting their neighbors, creating new friendships and taking advantage of all Southwest Florida has to offer.”

Recently North Star Yacht Club received approval from qualified lenders Fannie Mae and Freddie Mac that opened the door to conventional financing options that require only 3.5 percent down.

The 12-acre community includes a resort style pool, private poolside cabanas, lighted tennis courts, a putting green, fitness trails, and a pet friendly exercise area. A two-story, 15,000-foot clubhouse includes a movie theatre, full catering kitchen, club room with fireplace, conference rooms, library, a health club with state-of the-art equipment, and an aerobic center.

North Star Yacht Club is located at 3420 Hancock Bridge Parkway in North Fort Myers. The sales center and model residences are open seven days a week. For more information, call (239) 995-8200 or visit www.NorthStarYachtClub