Naples Florida Real Estate: Florida: Naples: Tiburon

FORE! One of the biggest reasons why people purchase property in Naples Florida is because of the GOLF! Although I don't play myself, I've learned over the past several years how to appreciate the sport and provide content to buyers who are passionate about playing the game.

One of two big tournaments Naples hosts is going on this weekend at Tiburon in Naples Florida. The Shark Shootout is quite an event and if you've never been and you like golf, you gotta go!

Here's a link to all of the information: Shark Shootout

After you're done reading about that, let's think about Tiburon!

Today there are a total of 46 properties on the market in Tiburon and 23 have closed during the past 12 months.  That means the market is in OVERSUPPLY and it's time to play Let's Make A Deal! Whoo Hoo!  3 people already knew that because there are 3 pending in there right now.

Here's what's going on in each Tiburon neighborhood:

Bolero at Tiburon - I don't have specific blogging permission on the best deal in Bolero right now but you can pick it out yourself by clicking on the link.  If you take a look at the 8 available, pricing will pretty much give that one away! Literally. :)

Castillo at Tiburon - Same thing here.  There's a clear winner on pricing but I can't talk about.  Effective marketing don'tcha think?  Don't let my restricted ability to talk about a great deal prevent you from missing out.  You should be able to find it pretty easily by clicking the link. ;)

Escada at Tiburon - Another clear winner here if you're looking for value but you'll have to keep clicking to see for yourself. 

Marquesa Royale at Tiburon - There's only 1 here...

Marsala at Tiburon - There's only 1 here...

Norman Estates at Tiburon -There are only 2 here...

Serafina at Tiburon - There are no screaming deals here.

Ventana at Tiburon - There's 13 for sale here and YES there are some deals!  Check 'em out!

Tiburon has SUPER amenities and The Ritz Carlton is your neighbor so if you like lots of amenities and don't mind paying a little higher fee for them, Tiburon is for you!

If you aren't necessarily excited about slightly higher fees...there are tons of other Naples golf properties currently available.  Just shoot me an email or give me a shout and we can get started right away!   SWING! :)

It was just reported last week WCI had lost control of managing Tiburon Naples Florida and now today Naples Daily News reports they expect to start building in Tiburon as early as December.  Single family homes and 2 unit attached villa construction are the only types of products on the slate as they state condo product (especially high-rise product)is still in oversupply.

Talking about oversupply, currently there are 49 properties available in Tiburon Naples Florida.  There have only been 18 closed sales during the last 12 months...that's nearly 3 years supply!

Why would any developer want to start construction under those conditions?  If you break it down a little further, there are 8 single family homes on the market, 1 sold during the last year and 1 is currently under contract.  According to the article in the Naples Daily News, single family homes and duplexes are the two types of product WCI says they're going to focus on and pricing is supposed to stay between $200,000 and $700,000. 

If the pricing is correct then I imagine there should be some quick sales in Tiburon considering the fact that the lowest price home right now is in Marsala at Tiburon listed for well over 1 million.  It will be curious to see if they're just planning on shrinking the size of home or offering less features within the floor plan.  I suppose time will tell....

News like this would stall my decision to purchase Tiburon single family homes unless there was something that exactly fit what I was looking for and I didn't care what I was spending or what it was truly worth...it's hard to know if you're getting a great deal if you haven't been dealt all the cards yet.  I hate it when plans for a development take a huge turn...not that I'm saying that there's a huge turn taking place in Tiburon.  I just think most of the people who purchased single family homes in Tiburon always expected them to be worth at least somewhere around 1 million....not 300,000 less.

If I were looking a Tiburon condos, I'd probably move forward....

Ok, that's all for today.

Best Regards,

Shannon Lefevre, PA
Your Naples Smart Girl!

Inquiries regarding Tiburon Naples Florida have been on the rise lately so I went ahead and created a drop down list on my Naples Florida real estate website to help you search by Tiburon Community a little easier.  From there you'll have direct links to each of the 8 subdivisions located within Tiburon.

Those Tiburon neighborhoods are:

• Bolero at Tiburon
• Castillo at Tiburon
• Escada at Tiburon
• Marquesa Royale at Tiburon
• Marsala at Tiburon
• Norman Estates at Tiburon
• Serafina at Tiburon
• Ventana at Tiburon

Tiburon is known for its world class amenities and the Ritz Carlton Golf Resort located within Tiburon. 

For more information regarding Tiburon, contact me direct!

Best Regards,

Your Naples Smart Girl!
239-595-6223