New construction of custom homes and those built for speculation have been popping up all around us in Naples, Fl. In particular, the neighborhoods west of Route 41 (Tamiami Trail) have been setting a blistering pace of new home construction projects that are changing the face of many quiet residential streets. The Law of Supply and Demand has put tremendous pressure on the older homes in desirable areas where the value of the property is in the land itself. Vacant buildable lots are few and far between and not necessarily in the most sought after locations within these communities. The cost of demolition to remove the old structure and pool is minimal in the grand scheme of things when a new home will have a market value of $3 million or more.
If you are a buyer in search of a property to build a new home in Naples, then we need to talk. Being in tune with the hyper-local real estate market and having local contacts, we will make it happen for you. Many of the opportunities never reach the public. Although a house destined to be a “tear down” doesn’t really require buyers to see the inside of the house, sometimes there are valid reasons for a seller to make a deal under the radar with licensed professionals such as ourselves to ensure a smooth transaction that meets all of the legal requirements for the parties involved. Provided you are a serious buyer who is willing to pay market value, there is hope for you in this real estate market if you align yourself with the right Realtor.
Contact us at 239-272-4848 to be ahead of the pack.
Click on the links below for the properties currently listed in the MLS system and contact us for more information. Call us directly for opportunities which are not public.
As professional Realtors who are experts in this area, including Olde Naples, Coquina Sands, Moorings, Park Shore, Pelican Bay, Vanderbilt Beach, we bring a wealth of knowledge and expertise about buying and selling real estate. You need someone you can trust for up-to-date information and we look forward to working with you.