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Naples Florida Real Estate | Steps to the Beach

Naples, FL Real Estate and Vacation Rentals

Ellie Penaranda - REALTOR
Ellie Penaranda
239-776-5077
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Tim Cranch - Realtor
Tim Cranch
239-272-4848
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Naples Market Report

September 29, 2011 By Ellie Penaranda

Southwest Florida is one of the most desired destinations for both the American and International buyer with Naples, Bonita Springs and Fort Myers Beach areas in the forefront. Whether you are interested in a retirement home, 2nd home residence for the winter months, or an investment property this is where you want to be.

If you’re thinking of buying a beachfront home in Southwest Florida we offer quite a selection of beachfront homes – from beach cottages, luxury beachfront homes with all the bells and whistles, to beachfront estate homes. With approximately 22 miles of the most beautiful stretch of sand in Southwest Florida, your beachfront home dreams will come true here.  

The figures below confirm the strong activity we’ve all noticed this year for the luxury market (which in our area is usually the beachfront homes).

Naples

Naples Beachfront Homes

Naples offers 12 miles of beachfront homes – with single family homes (mostly estate homes) at an average sales price of $7M+. The activity level in the form of number of sales here is more important than the ASP, because of the vast differential in these ultra-luxury homes prices.

9 Total homes sold in 2010  

7 Total Homes sold as of (9/30/2011)

Lowest Price in 2010  $5,650,000
Lowest Price in 2011  $4,650,000
Highest Price in 2010:  $22,000,000
Highest Price in 2011  $12,000,000
Average Price in 2010:  $11,155,555
Average Sales price in 2011  $7,478,571

Find a great Beachfront Home in Bonita Springs.

Bonita Springs

Bonita Springs Single Family Homes - Beachfront Cottages

Bonita Springs offers a 4-mile beachfront stretch that is mostly single-family homes – divided between the Barefoot Beach development (a private community) and the Hickory Blvd.-Bonita Beach area and known for its relaxed and quiet lifestyle. Average sales price $3.M+.

With only a total of 125 beachfront home sites, the supply will always be low and currently the demand is high. 50% of these homes were old Florida beach cottages that have been torn down and replaced with new luxury homes. In the last 4 years approximately 7 new homes/per year have been under new construction – so pretty soon it will be very hard to find a simple, charming beach cottage.

14 Total homes sold in 2010

12 Total Homes sold as of (9/30/2011)
with 3 currently under contract

Lowest Price in 2010 $1,3000,000
Lowest Price in 2011 $1,375,000
Highest Price in 2010: $3,900,0000 Highest Price in 2011 $7,695,000
Average Price in 2010: $2,651,428
Average Sales price in 2011 $3,303,333

Find a great Bonita Springs beachfront home.

Fort Myers Beach

Fort Myers Beach FL

Fort Myers Beach area is a 6-mile long island and favored by buyers for its young spirit and very active and lively lifestyle. If you’re looking for a true beach cottage, this would be the right place to search. Average sales price $1.4M+. Development, which was very much needed, has been going strong in the last 18 months, with new bike path on the main drag, new streets with sidewalks constructed and hundreds of Royal Palms installed. 

Naturally, it attracted the developers and new luxury beachfront homes are being built. In a price comparison to beachfront homes in Naples and Bonita Springs, Fort Myers Beach area is a great investment opportunity for future appreciation.

2 Total homes sold in 2010

6 Total Homes sold as of (9/30/2011)
with 1 currently under contract

Lowest Price in 2010 $800,000
Lowest Price in 2011 $760,000
Highest Price in 2010: $1,150,0000 Highest Price in 2011 $2,000,000
Average Price in 2010: $975,000
Average Sales price in 2011 $1,416,666

 

We specialize in waterfront, beachfront and all properties within walking or biking distance to our pristine beaches.

 

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Filed Under: Market Report, Naples Real Estate News

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