Cape’s boutique builder sees bright future, waterfront seals the deal
Oct 25, 2017 12:11PM
● Published by Kevin
Photo courtesy of PGI Homes.
Gallery: PGI Homes: November-December 2017 [4 Images] Click any image to expand.
crazy rains can’t dampen Cape Coral’s competitive luxury market.
And because of the Cape’s canals/waterfronts
that lead to the Gulf, higher-end properties in these select sites right now
are gold. Boutique builders such as PGI Homes have chosen the Cape because of
these resources. The city is also growing, says PGI’s Anthony Farhat, CEO of
the family firm going back to the 1950s.
PGI (Punta Gorda Isles) Homes has been issued 140 certificates of
occupancy on super luxury homes since 2007, with several model centers from
Sarasota through Lee County, including Cape Coral, where homes on the owner’s lot
can start at about $500,000; PGI Homes has six $1 million-plus homes built or
scheduled in the Cape this year.
Farhat says luxury buyers have drifted from
Mediterranean-style designs, are instead going for modernist/minimalism
architecture, abundant lanai/pool spaces, centralized living, more elegant
lines. “There’s a huge shift to lighter, more airy designs,” he says.
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