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Real Estate In Olde Naples On The Rise Again

Posted on Monday, August 27, 2012

Olde Naples. That part of town perched right on the Gulf of Mexico with a history dating back to the late 1800’s. For one hundred plus years folks have known the beauty of our beaches and surrounding landscape. Now in modern times we have wonderful restaurants, fantastic shopping from boutiques to big names, and many outdoor sports.

A look at single family property availability this morning shows only forty nine properties for sale with asking prices ranging from $585,000 to $11,400,000. In the past year seventy properties have sold from $500,000 to $6,000,000. In Realtor-speak we have an inventory of 8.4 months – much improved over the last few years and another sign of the rebounding Naples, Florida real estate market in general.

What makes Olde Naples so special, sometimes commanding single family residence prices of $900 per square foot? Location for starters. Many of these properties are walking distance to the Gulf of Mexico and do not forget a walk to 5th avenue south and third street restaurants and shops. You really do not need a car.

But there are a few other global communities with this sort of location – what sets Naples apart?  Well several things …

1) Easy In, Easy Out – fifteen minutes from our jet port and 30-45 minutes from our international Southwest Regional Airport.

2) Global Community – An estimated 21%+ of our buyers are international

3) Special Weather – frequently 3-5 degrees warmer than Tampa! It has been reported our coastal homes have never seen a hard freeze due to our moderating Gulf waters. Want to play outside in January? Come here.

4) More than a sleepy little town – winter home to many affluential and generous persons sponsoring the largest charitable auction in the United States, a Philharmonic Orchestra, Art Museums, Local Theater, and many in season social events.

5) Limited Supply – Olde Naples is a finite piece of land.  Sure other areas around it expand to the east and north but this old part of town is unique and the supply of property is fixed.

Naples Florida is a wonderful place to add to your lifestyle. Imagine bringing your friends to our ocean waters in the dead of winter and enjoying our wonderful outdoor culture and life.  Come here and give it a try.

No legal, investment, or tax advice is being given in this Blog.  Consult with legal, financial and tax professionals before acting on any real estate transaction.  Actual real estate price and sales results are subject to market forces and are not completely predictable. The writings of this Blog are intended for the sole use of our clients.
Some of the data relating to real estate for sale on the website comes in part from the Broker reciprocity program of M.L.S. of Naples, Inc. The properties displayed here may not be all the properties available through the MLS reciprocity Program. This information is deemed reliable but is not guaranteed. Buyers and sellers are responsible for verifying all information about their purchase prior to closing.
Mark Goebel, PA is a REALTOR with Coldwell Banker on 5th avenue in Naples, Florida with 35+ years of visiting and living in Naples. After 25 years at Accenture, Mark retired as a managing director and spends his time helping non profits and building a Naples real estate team with his wife Nan. Talk to Mark and Nan about life in Naples and why they chose this place to live full-time over all others and enjoy Naples real estate.
Mark Goebel, PA
REALTOR Coldwell Banker 5th Avenue South
Mobile: 239.595.3921
Facebook: NaplesBestAddresses
Twitter @mcgoebel
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