I purchased a new CYV in 2011 in Tamarind Grove off St. Charles. I have been a fulltime resident ever since purchase and so have 11 of the 13 villas on my street are fulltime since the beginning. We have 2 snowbirds and none of the villas have ever been rented. You have more turnover from deaths and people moving to a bigger homes. Of the 13 villas on my street, four owners have died. Three have moved, two went to bigger homes, both in Sanibel, another went to a bigger home outside TV in Lakeside Landing. I think you'll find more rentals in the older patio villas. At the time I purchased my CYV in 2011 the average price on my street was $200K. I could of purchased a new patio villa in Buttonwood for $135K at the same time. Today the same patio villa resale is going for about $200K to $220K. They were a good investment for many.
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