Condos are appearing west of U.S. 41 in San Carlos Park, where single-family homes and mobile homes have been most common.Gulf Hideaway, a community of 40 Mediterranean-style luxury coach homes on Park Road, is almost done. And Adrian Builders plans to build up to 300 condos south of Alico Road.Gulf Hideaway I LLC began construction of three-bedroom, two bathroom condominiums in mid-2004.
Each building has four condos. Six of the buildings are finished, and the other four should be completed by the end of February and the units closed by mid-March.All 40 units sold by February 2005. They initially sold for $219,000 for a downstairs unit and $229,000 for an upstairs unit, but are currently priced around $300,000 and $320,000.
"No other condos were really being built in the San Carlos area," said Jennifer Oyster, assistant to Charles P. T. Phoenix, the developer. "That was one of the reasons that it was appealing.
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