In the Naples, Florida real estate market some things stay the same and some things change from one season to the next. There are neighborhoods that have remained strong through the ups and downs of real estate cycles. Other communities and areas might be affected by surrounding new construction, age of homes, architectural trends, demand for amenities, schools and appreciation of one neighborhood over another.
For the buyer in Naples, here are some notes to consider for the best places to put your money in 2019 and going forward. These suggestions and opportunities are based on closely following where the action has been and why, what makes a solid investment in Naples real estate and looking to the future.
*Waterfront Properties – There is only so much waterfront real estate. In particular, single family homes that are either beachfront or have good boating access to the Gulf of Mexico have that unique factor which will always have value through real estate and economic cycles. Beachfront homes are in a different price stratosphere and will always be rare. Canal homes with boating access, with or without bridges, are still available in great locations and a wide price range as you can choose between older one level homes and brand new construction. There is nothing quite like living on the water!
*Pelican Bay – If there is one community in Naples that holds its own through thick and thin, it is Pelican Bay. And for many very good reasons. Pelican Bay has unique amenities including miles of private beach and beachfront facilities including restaurants, a great central location, lush landscaping throughout the community and a wide price range of homes, villas and condos (including pet friendly properties). Check out some of the current listings and opportunities by clicking on the links below:
*Investment Properties in Naples Park – Location is important anywhere on the planet for real estate but, it is hyper important in Naples. Look at a map and see the narrow strip of land between Route 41 (aka Tamiami Trail running north/south) and the Gulf of Mexico. Proximity to the water drives the real estate prices and values. What makes Naples Park tick is you have single family homes within walking distance to awesome beaches (Vanderbilt Beach and Delnor-Wiggins State Beach Park), no HOA restrictions to limit short term seasonal rentals, completely pet friendly and still affordable prices. This is a neighborhood that is transitioning quickly as new construction takes the place of “tear downs”. Quality renovations will have staying power going forward – look for southern exposure, locations in the 500 and 600 blocks, upgrades and quality workmanship and a newer swimming pool (if possible). Use it for your own family vacations and rent it while you are not in town for a positive cash flow.
Summer is a great time to be a buyer in Naples, Florida. There are excellent opportunities offered by motivated sellers and prices are best negotiated during June, July and August. Get good professional advice from local experts – Call Us!
Call Ellie @ 239-776-5077 or Tim @ 239-272-4848
As full time real estate professionals, our job is to ensure that you find the perfect home for your needs and negotiate the best deal. Whether you’re looking for that big backyard, beachfront condo, investment property, canal home or a cozy cottage, we will find it for you.