The Oasis Condominiums, located directly on the Caloosahatchee River in the Fort Myers River District, still have new construction inventory for sale. Our team gives high grades to the finishes and amenity package at the Oasis and is proud to show these units to prospective buyers. The Oasis offers finishes more commonly associated South Beach than what has typically been built in Fort Myers.
Due to the bumpy history of this development, units at the Oasis have long been under-valued vs. competing high-rise projects in Southwest Florida. Timing was a major factor with the Oasis and its challenges, as it delivered at the height of the real estate meltdown in 2008. The unsold units at the Oasis (Tower I) changed hands in a bulk transaction in 2012 passing from the original developer the Related Group to current owner Sarasota-based Domus Group. Oasis Tower II was sold to Canadian Investment Group Lofton Island Holdings and is currently a rental building.
To assist buyers considering an investment at the Oasis, we have pulled sold data for the past six months (03/24/13 – 09/24/13). We have broken this data out by regular units of which there have been 14 transactions and penthouse units which had 4 transactions. We have not included the one transaction at Tower II.
We are here to assist buyers with transactions at the Oasis and can arm you with the most up-to-date data to negotiate with the best possible purchase price on your unit. While prices at the Oasis have increased in 2013, they are still way below replacement value and are the lowest priced for upscale, new waterfront high-rise units in Southwest Florida. To streamline your search, here is a resource to view all the active Oasis real estate listings.