Naples Florida Real Estate: Naples Park- Market Report - Naples, Florida

Naples Park is the least expensive western most single-family community in Naples, Florida.   Many of Naples Park properties are located within a mile to Vanderbilt Beach. Price ranges from $209,000 for a tear down to $1,275,000 for a multi-parcel property (good luck with that) and the ages of the homes available were built as far back as 1950 and as recent as brand new construction.  Although this is not a market I farm, I pulled up statistics this afternoon to determine whether or not I will be listing one of the properties I own once I move into my just completed home in Pelican Bay. 

As you can see from the graphs below, Naples Park has seen a better day in real estate.  Currently there is over two and half years of inventory on the market and there are people who purchased in the community who got caught up in the real estate craze back in 2005.  Some Naples Park homeowners did not have the intention to hold nor the ability. 

That's why if you read the remarks of several of these listings you'll see phrases like, "owner motivated", "seller will contribute to closing costs", Owner's name "Corporate", "Bargain Price", "Price Reduced...Owner Wants Sold", "Priced To Sell", "Home Warranty Included", "Bring All Offers" 

There are some pre-foreclosures and short sales in this location all of which I do not specialize in but I do know a very intelligent team in Naples who does and can identify the best deals available in Naples Park.

For those of you who are looking for an inexpensive single-family homes in the Naples area and want to be close to the Naples beaches, Naples Park is an excellent location!  I purchased my property in July of 2002 for $168,000.  We tore it down and rebuilt it making it slightly larger by adding a second story.  At the best time we could've sold it in the $700's so this may give you an idea of how far properties in this location can fluctuate. 

The trick to purchasing in Naples Park today is to purchase with the intention of holding it until the inventory stablizes (or longer) which will give you a great place to put your suitcase while you nap on the beach or play golf at one of the 100+ Naples Golf Courses we have in the Naples area.

For more information regarding Naples Park, or any other Naples real estate information, think...Shannon Lefevre, Smart Girl, Great Results!