Monday, May 3, 2010

NAPLES CONDOS FOR SALE...

It has been widely reported that the Naples real estate market has vastly improved in the past year, with the number of home sales in March setting a record gain. What is equally impressive is that it is not just the single family home sales that are moving, but condos are as well. In the first quarter of this year there were 1,012 closed sales of condominiums in the Naples market, representing an increase in excess of 60% over the same time span in 2009. The number of pending sales improved over 75% from year-to-year in first quarter statistics, while the inventory of units has decreased 13.5%.




There are active listings in all price ranges however today the focus is on the highest end of the Naples condo market. Presently there are 111 high-rise (those buildings with eight or more floors) condos listed for over $2 million as well as 8 low-rise units. The most expensive listing in a high-rise building is a 19th floor penthouse in the Windsor at Bay Colony which is on the market for $9.5 million. With stunning views from Sanibel to Marco Island, this 8,550 square foot property has 7 full bathrooms plus a half bath and is being sold completely furnished. The 26th floor penthouse in the Enclave at Park Shore, listed for $7.9 million, is the second highest priced active unit. This home has 7,000 square feet of living space including 4 bedrooms, den, 4.5 bathrooms and 340 degree views.



While the majority of the higher priced high-rise condos are in the Pelican Bay or Park Shore areas of Naples, one of the newest is Moraya Bay on Vanderbilt Beach. There is a 10th floor unit being offered for $4.3 million, containing 3,942 square feet including 3 bedrooms and 3.5 baths in this building with direct beach access. If South Naples is more to your liking, there is a 21st (top) floor home with over 5,000 square feet in the Aversana at Hammock Bay Golf & Country Club which is presently listed for $3.475 million. This completely furnished property has four bedrooms, 5.5 baths, library/den as well as three separate terraces. At the opposite end of town, and priced at ...click here for more information