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Out-of-State Investors Buying in SW Florida

FORT MYERS, FL-The area is seeing population growth and an increased valuation of properties, as investors from the Midwest and other states north are relocating their funds to the greater Fort Myers and Naples, FL areas.

By Melissa Bogdany | Updated on June 19, 2003

FORT MYERS, FL-Due in large part to the area’s significant population growth and the increased valuation of properties in Southwest Florida, many out-of-state investors are focusing on pumping money into that area.

Gary Tasman, a broker with Grubb & Ellis VIP in Southwest Florida, notes that many of the people investing there–mainly in the greater Fort Myers and Naples areas–are from the Midwest. But Southwest Florida’s investors are not limited to those states.

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