5th Avenue Naples, Florida
5th Avenue Naples, Florida

Located in the heart of Naples, 5th Avenue is the jewel of downtown. Considered the Main Street of Naples, 5th Avenue has an array of shopping, dining, accommodations, art festivals, and galleries offering a piece of Naples history with a modern feel. The beautifully landscaped street spans 12 city blocks with 50 buildings full of everything you could need for a day or night out on the town. 5th Avenue also offers weekly events for all who come to visit, just go to http://www.fifthavenuesouth.com/events.php for the most up-to-date calendar available.

Naples’ main street offers home town friendliness along with historical landmarks, great shopping, and gourmet dining all in one location. The sidewalk café’s offer an array of options for eating, snacking, a cup of coffee, or just meeting up with friends. With nine distinct café’s to choose from, you may want to stay and try them all. Begin at Naples’s historic Regina’s with a coffee or ice cream then take a stroll down the street to enjoy the 16 world-class shopping destinations. Or take in one of Naples’ nine galleries featuring pictures, paintings, and distinct art depicting Naples history, Naples people, original signed, limited edition lithographs and prints from America to Europe, blown glass vases, bowls, figurines, sea life and plates all within 12 city blocks and walking distance from one another. If you would rather pamper yourself, 5th Avenue features two salons, Laura Barnes for soft tissue manipulation or The Inn on Fifth with a full service salon. There are six jewelry stores located on 5th Avenue to satisfy anyone from the most lavish of tastes to beautifully crafted local jewelry.

McCabes & The Inn on Fifth
McCabes & The Inn on Fifth

Once the sun goes down, 5th Avenue comes alive with music, dining, and theater. Visit Sugden Theater, named “Best Live Theatre” in Southwest Florida six times by The Reader’s Poll from The Naples Daily News, and ranked as one of the Top Ten Community Theatres in the United States by CNN and Money Magazine. Yabba Island Grill has been rated 4 stars by both The Naples Daily News, and Fort Myers News Press offering a cool Caribbean feel and the best Margaritas in town. Along with 16 other restaurants to choose from, 5th Avenue can satisfy any craving. After dinner take a stroll down the Avenue and choose from one of the many local bars to sit and people watch. A whole day can be spent on just one street, but it doesn’t have to stop there with 4 hotels within a mile you can stay a while and really take the time to enjoy everything Naples 5th Avenue has to offer.

The Brittany
The Brittany

With an exclusive panoramic view of the Gulf of Mexico on one side and Venetian Bay on the other, The Brittany offers luxury living on Gulf Shore Boulevard. Residents can enjoy a stroll across Gulf Shore Blvd and enjoy some of Naples most prominent dining at The Village on Venetian Bay or take a short drive downtown to 3rd Street for a full day of exclusive boutique shopping and dining alike. If you are looking to relax, take a short walk out the doors of The Brittany and enjoy private beach access or have a day in and relish in The Brittany’s own private pool and spa. If boating is what you prefer, residents may lease a boat slip at The Venetian Bay Yacht Club for ease and accessibility.

The Brittany was constructed in 1996 by Gulf Shore Development with a total of 127 condominiums, on 21 beautifully designed levels. Each unit was meticulously created with only the finest tastes in mind. Ranging in size from 1,742 to 5,988 square feet, there is plenty of room for any size family. An owner can bring along one pet, either a cat or dog, as long as they stay under the 25 pound maximum. With each unit, residents receive two under-building parking spaces, penthouse residents have three, with the security of an electronic entry gate, closed circuit video system, and uniformed security personnel on duty 24 hours a day. If you are looking to rent at the beautiful Brittany, you may do so twice a year for a minimum of 90 days. Owners at The Brittany can enjoy amenities such as a BBQ picnic area, bike storage, billiards, pool, spa, exercise room, library, four guest suites, tennis, and a vehicle wash.

The Brittany front entrance and villas
The Brittany front entrance and villas

There have been recent upgrades to The Brittany including the newly remodeled, well equipped fitness center for all residents to enjoy. With so many opportunities to enjoy life both at The Brittany or within walking distance from it, residents know why Naples was voted, “the best place in America to live a long life,” by CNN and Money Magazine.

For more information concerning The Brittany or any of its beautiful units for sale, please visit www.DustinBeard.com.

 

Aria
Aria

With one of Naples most coveted addresses on Park Shore Beach, Aria offers the most exquisite beachfront living. Located among swaying palm trees, the Gulf breeze, and a large beachside pool and deck, Aria has every amenity one could wish for. Offering approximately one and one-quarter miles of pristine white beaches, residents of Aria can relax while watching a magnificent sunset. The Venetian Bay at Aria’s back, shopping at the Village is just a short walk away and the ever popular Naples Philharmonic is just a short drive. Offering over 400 musical or theatrical shows a year, the Philharmonic always has something going on.

Built in 2005 by The Lutgert Companies award winning Architectural Firm Smith, Barnes, and Santiesteban, Aria offers the most up-to-date amenities and structure on the beach. With each unit boasting marble, granite, and meticulously selected wood finishes installed by artisans (designed by Marc-Michaels Associates), Aria’s 18-story structure offers the highest quality in home design. Aria holds 65 units total with 52 typical units ranging in size from 3,173 to 4,777 square feet, and 13 penthouse units ranging from 4,011 to 5,058 square feet. There are two towers to choose from at Aria, one tower holds two units per floor and the other three. All penthouse residents will enjoy the luxury of a private garage with two plus parking spaces along with a 24 hour manned security desk, while other residents can rent a space in the securely guarded, under building private garage. Boat docks are offered for lease at the Venetian Bay dock with direct access to the Gulf through Doctor’s Pass and a marina offering everything needed for a day out on the water. A maximum of two pets is allowed, either a cat or dog. If you are looking to rent at Aria you may do so three times a year for a minimum of 90 days. Owners can enjoy a host of amenities at Aria including; a swimming pool and deck, porte conchere entry, exercise room, billiards, two guest suites, BBQ picnic area, bike storage, community room, sauna, and vehicle wash.

Aria: Park Shore
Aria: Park Shore

Each unit in Aria can be custom built or remodeled to fit any resident’s tastes. With so many of Naples finest artisans at your fingertips, Aria can accommodate even the most sophisticated needs. Meticulous attention to detail, a Gulf view surrounding your every location, and amenities fit for royalty, Aria has everything one could ever imagine and more.

For more information concerning Aria or any of its beautiful units for sale, please visit www.DustinBeard.com.

Naples Pier
Naples Pier

A must see for any visitor to Naples, Florida is the historic Naples Pier. Originally built in 1888 as a freight and passenger deck, Naples Pier offers history and accessibility to all who visit. The Pier has one of the best beachside views for sunsets and dolphin watching.  Fishing is also permitted from the Pier, no license required. Located on the Gulf of Mexico just west of 12th Avenue South, the Naples Pier is at the heart of it all. Lounge on the white sandy beaches surrounding the Pier then take a walk down the narrow gauge train rails spanning the length of the walkway to watch one of Naples’ spectacular sunsets.

Enjoying a day in the sun
Enjoying a day in the sun

Naples Pier has been a popular attraction for tourists and residents alike for many years. With its nostalgic feel and friendly local atmosphere, Naples Pier offers a place to come, sit a while and enjoy the tropical wildlife inhabiting the pier. The Naples Pier has been rebuilt and revamped many times including 1910, 1926, and 1960 after damage from hurricanes. In more recent history, Naples Pier has added a small concession stand and restrooms located about half way down the walkway. A favorite location for fishermen and sunset watchers, Naples Pier offers a unique point of view for anyone who visits.

Allegro
Allegro

Standing 13 floors above the beachfront, Allegro offers views of the Gulf unlike any other. With its unique construction allowing for optimal cross ventilation, Allegro is a stunning beachfront property that allows the Gulf right into your living room! Allegro is composed of four free-standing buildings interconnected by breezeways at each of the four connecting points offering tropical landscape with a fresh Gulf breeze at every turn. With the beach at your front and Venetian Village at your back, the options are endless for making every day a memory. Residents of Allegro can choose to walk to the beach, shop at Venetian Village, or take a short drive to any one of the many shopping locations right around the corner. Coastland Center Mall stands just a short distance from Allegro, offering shopping in a resort style setting, or drive down to 5th avenue for Naples premier boutique shopping and world class dining.

Built in 1981 by First Regency Development Corporation/Lutgert, Allegro is comprised of 76 units with the spaciousness of six units per floor. Units range in size from 1,765 to over 2,500 square feet under air. Each unit comes with its own covered parking space, with more available, and a 24 hour security guard on watch. If you are a boating enthusiast, boat docks are offered to either own or lease at the Venetian Bay Yacht Club. Either one dog or cat is also allowed to enjoy this beachfront property as long as they are less than 15 pounds, a second cat could be accepted with prior approval. If you are looking to rent in this exquisite community you can do so twice a year for a minimum of six months. Owners at Allegro can enjoy amenities such as bike storage, billiards, community room, pool, spa, exercise room, library, craft room, and a workshop, all exclusively for members. So have an early morning at the spa or relax by the private pool overlooking the Gulf, at Allegro the options are endless.

Allegro
Allegro

With so much to offer, Allegro continues to upgrade its already immaculate property. Recently all 4 buildings have been painted and a massive cleaning effort has been keeping the common skylights in optimal condition. On the exterior of Allegro enhanced landscaping has been updated to keep the grounds as pristine and tropical as the scenery itself.

For more information concerning Allegro or any of its beautiful units for sale, please visit www.DustinBeard.com.

Naples Florida Real Estate: A ray of sunshine in the housing market, analyst says.

Naples Florida
Naples Florida

Real Estate seems to be the topic of much conversation lately, but who would have guessed that Naples, Florida would have made national news on CNBC among all other markets. In the wake of all the financial trouble on Wall Street the real estate market appears to be making a financial downslope in terms of the market, but according to Senior Vice President and Chief Economist at National City Corporation Richard Dekasar Naples, Florida, where he named only three years ago, “the poster child for excess valuation in America,” seems to be experiencing an increase. In an interview with CNBC Wednesday evening, Dekasar swallowed his prior words and stated that the Naples real estate market may now be seen as “slightly undervalued.” Dekasar singled out Naples, Florida saying it is showing the, “first rays of sunshine on a possible end to the housing crisis. I don’t want to overstate the case, the housing bust is not over, but we are in a later stage of stabilization.” So far second quarter prices have dropped an approximate 33%, meaning houses are slightly undervalued than before. Now is the time to buy, and with home prices lower than they should be houses could become even more undervalued over the next six months. Naples may be witnessing its lowest housing prices right now or soon, but they will begin to rise again as people start to buy more.

Venetian Bay
Venetian Bay

In 2006, National City judged the median home price in Naples, the price at which half of the homes sell for more and half for less, to be valued at $383,000, more than double what they should be. In August, the Naples Area Board of Realtors reported a drop in prices from $375,000, a year ago, to $238,000. Over the past seven months sales have picked up, showing the first positive light to be in Naples. Soon this gap may narrow, though, as foreclosures begin to slow and Wall Street begins to stabilize. Times may look tough around America right now, but it seems as though Naples is looking brighter than ever.

Third Street Shopping
Third Street Shopping

One of Naples oldest shopping destinations, 3rd Street Shopping is located in the historic district just east of the famous Naples Pier. With the widest array of galleries, cafés, restaurants, fashion and jewelry, 3rd street shopping has so much to do you could spend all day here. With its unique layout, 3rd street offers a scenic walk through historic Naples along with the best view of its gardens, parks, and the best people watching in town.
Take a stroll through this historic district and enjoy one of 8 galleries displaying local and world renowned artists. A wide variety of media is on display including sculpture, oil, watercolor, lithographs, prints and posters along with pottery, blown glass, Native American art and much more. Each gallery holds a special reception for exhibitions on either Thursday or Friday evenings; just contact the individual gallery for their list of events. Along with our thriving art center, one of the largest in Southwest Florida, 3rd Street offers the best in upscale shopping in stores like C. Orrico – A Lilly Pulitzer Signature Shop, Evelyn and Arthur (a Florida tradition since 1984), and Tommy Bahama’s to name a few. 3rd Street offers a total of 20 boutiques ranging from the chicest of taste to tropical casual. After shopping with the best of them, take a break with a nice lunch in one of 3rd streets 11 restaurants or cafes. With so much to offer you may need to stay a little longer than an afternoon. 3rd Street also offers accommodations at the Key West style hotel The Gondolier Inn.

Third Street Dining
Third Street Dining

There are many reasons to visit 3rd Street Shops one only needs to choose a few to spend a whole day. In addition to all that is offered on a daily basis, 3rd Street has a busy events schedule beginning with Thursday’s on 3rd. Every Thursday 3rd Street offers an event for residents and visitors alike from 7PM to 10PM. The events vary from week to week so check the events calendar at Events on Thirdfor the most up-to-date information. Also a Naples tradition, returning in November, is the Naples Farmer’s Market. Held on Saturdays from 7:30-10:30 AM in the parking lot behind Tommy Bahama’s, the Naples Farmer’s Market boasts 50 vendors selling local produce, jams, baked goods, and seafood. Come down for a cup of coffee and a home baked doughnut or just walk through this Farmer’s Market and see all that Naples residents have to offer.

Pelican Point West
Pelican Point West

Positioned amongst Venetian Bay’s most outstanding places to live, Pelican Point West offers private beach access, exclusive boutiques, and entertainment for any kind of taste, just around the corner. West of Crayton Road on Park Shore Drive, Pelican Point West offers a prime location for a short walk to The Village on Venetian Bay, or a stroll across Gulf Shore Boulevard to Park Shore’s private beach access. If you would rather have a boat outing, residents have access to 8 deeded boat slips. Other amenities close to Pelican Point West are the Coastland Mall, which has recently been updated with new stores and restaurants, and the many plazas surrounding the mall offering everything from extraordinary grocery stores to locally owned organic stores and café’s. Entertainment is also close by for Pelican Point West Residents at The Philharmonic where art exhibits from around the world come to visit along with a variety of musical and theatrical entertainment.
Pelican Point West was constructed in 1978.  Consisting of a single building with a total of nine floors, three units per floor, Pelican Point West has something for everyone. Units are offered in either 2-bedrooms or 3-bedrooms with living areas varying in size from 1,400 to 2,000 square feet. Each unit comes with one under-building assigned parking space or a detached carport space in the well lit parking lot. Further security comes from an entry phone visitors must use for access. Pets are not allowed in Pelican Point West. If you are looking to rent, you can do so one time per year for a minimum of 30 days. Owners can enjoy a BBQ-picnic area, bike storage, clubhouse, common laundry, community pool, community/meeting room, and vehicle wash area.

Pelican Point West Pool
Pelican Point West Pool

Recently, Pelican Point West has been busy updating this already amazing building with a new carport and front entry. The exquisitely manicured lawn welcomes all who come to visit Pelican Point West with lush grass, swaying palm trees, and manicured bushes.

Dustin Beard would like to offer a special thank you to Kyle Jameson, Pelican Point West’s property manager, for taking time out of his busy schedule to fill out the questionnaire with the most up-to-date information on his community.
For more information concerning Bay Shore Place or any of its beautiful units for sale, please visit www.DustinBeard.com

Park Shore Naples Florida Beachfront Condominium: Bay Shore Place

Bay Shore Place
Bay Shore Place

Nestled among Naples most exclusive beachfront property, Bay Shore Place gives residents the majestic Gulf on one side and Naples finest shopping on the other. Located on Gulf Shore Boulevard, west of Venetian Bay, Bay Shore Place residents have many opportunities on how to spend their days. Conveniently positioned on Naples Beach, residents can either walk right from their door to the beach or enjoy a relaxing day at the resident’s only pool and spa. The Village on Venetian Bay offers some of the best luxury shopping just across the street, or take a short drive to either The Fresh Market, with the freshest fish and produce in Naples or Waterside Shops with another variety of shopping and dining to experience.

Constructed in 1994, Bay Shore Place offers many amenities to its residents including beach access; a jogging path, bike storage, community pool, community/meeting room, community spa, exercise room, extra storage, guest suites, library, and a vehicle wash area. Comprised of a single building with 16 floors, Bay Shore Place offers a total of 103 units with 2-bedrooms, 2-bedrooms plus a den or 3-bedrooms ranging in size from 1,454 square feet to 1,955. Pets are welcome to enjoy in this beachfront property with their owners. Each unit comes with a parking space in the residence secured under building, parking garage that offers the best in security. A 24-hour security guard stands in the guard house along with an entry phone at the front of the building. If you are looking to rent in Bay Shore Place, you can do so twice per year for a minimum of 30 days.

Bay Shore Place Pool
Bay Shore Place Pool

Bay Shore Place has been doing some sprucing up in the past 2 years beginning with the newly remodeling common lobby area. The naturally lit lobby offers a private view of the horizon along with the large windows and high ceilings allowing a relaxing tropical breeze in right off the Gulf. The social and card rooms have also been given a face lift with modern furniture giving them a more updated feel. With so many options within Bay Shore Place some residents may feel they never need to leave home.

Dustin Beard would like to offer a special thank you to Tom Pfeifer, Bay Shore Place’s property manager, for taking time out of his busy schedule to fill out the questionnaire with the most up-to-date information on his community.

For more information concerning Bay Shore Place or any of its beautiful units for sale, please visit www.DustinBeard.com.

Waterside Shops Naples Florida Luxury Shopping

Waterside Shops
Waterside Shops

Located on the northwest corner of U.S. 41 and Seagate Drive, Waterside Shops offers residents and visitors alike a unique shopping experience. A short walk for Park Shore and Pelican Bay residents, one can also bike or take an easy drive west of U.S. 41 to reach Waterside with minimal traffic. Three easy entrances are offered with optimal accessibility, two at Pelican Bay and the other on U.S. 41. Waterside Shops allows shoppers to enjoy the beautiful Florida weather while browsing 60 of the finest collection of luxury brand retailers from around the world and national chains familiar to everyone. This unique compilation of boutiques offers shoppers the ease of finding the basics along with the most distinctive purchases found in a variety of independent boutiques.

Waterside Shops boasts some of the world’s most popular luxury shops like Saks Fifth Avenue, Cartier, Gucci, Tiffany and Co., Burberry, along with nationally recognized shops like Gap, Ann Taylor, and Banana Republic. When you are finished shopping you can enjoy a meal at one of the 4 restaurants, have a snack at Haagen-Dazs ice cream, or a coffee at Starbucks. Coming in November of 2008, Nordstrom Cafe Bistro and Nordstrom Ebar will be opening for even more options. Most restaurants offer outdoor seating among the tropical setting throughout Waterside Shops.

Saks Fifth Avenue
Saks Fifth Avenue

Either searching for that perfect gift, a bite to eat, or a leisure walk among the tropical setting, Waterside Shops has something for everyone. Come and enjoy the exquisite architecture or a cup of coffee under the tropical Palm trees, there is nothing else quite like Waterside Shops, right in the middle of everything.

Park Shore Naples Florida Bay Front Condominiums: Pelican Point I

Pelican Point I
Pelican Point I

Standing proud among Venetian Bay’s most prominent places to live, Pelican Point I offers exclusive beach access along with some of Naples best waterfront shopping and dining. Just west of Crayton Road on Park Shore Drive, Pelican Point I offers a prime location for some of the best of what Naples has to offer. Residents can walk to The Village on Venetian Bay and shop at some of Naples most exclusive boutiques, or walk across Gulf Shore Boulevard and enjoy private beach access. If you would rather see the beach as a backdrop to your boating experience, residents also have access to 8 deeded boat slips. Other amenities close to Pelican Point I are The Fresh Market, with the freshest fish and produce in Naples and Waterside Shops with another variety of shopping and dining to experience.

Pelican Point Boat Docks
Pelican Point Boat Docks

Pelican Point I was constructed in 1978. It is comprised of a single building with a total of six floors, six units per floor. Units range from 2-bedrooms, 3-bedrooms, to 3-bedrooms plus a den with living areas varying in size from 1,050 to1,973 square feet. Each unit comes with one covered carport space in the well lit parking lot with the security measure of an entry phone visitors must use for entry. Small pets are welcome as long as they are 25 pounds or less. If you are looking to rent in Pelican Point I, you can do so one time per year for a minimum of 90 days. Owners can enjoy a BBQ-picnic area, common laundry, a community pool, extra storage, a vehicle wash area, or host a social event in Pelican Point’s newly remodeled social room.

Pelican Point Pool
Pelican Point Pool

Recently, Pelican Point has been busy with a complete interior and exterior renovation. The building itself has been completely updated with new doors and a recently painted interior and exterior. Along with the latest update of a totally remodeled social room open for all residents to use.

Dustin Beard would like to offer a special thank you to Lloyd Perlman, Pelican Point’s property manager, for taking time out of his busy schedule to fill out the questionnaire with the most up-to-date information on his community.

For more information concerning Pelican Point I or any of its beautiful units for sale, please visit www.DustinBeard.com.

CNN Rates Naples Florida Number 4 for Best Places for a Long Life

A recent article published on CNN’s website (cnnmoney.com) rated Naples, Florida number 4, out of 25, for best places for a long life. Life expectancies were rated from 81.31 years to 79.68, placing Naples at 80.97 years young. CNN rated the life expectancy from a trusted analyzer Bert Sperling from bestplaces.com. The website uses data from people, places of region, and rates them along with consumer expenditure surveys and government agencies like Medicare and the U.S. Department of Health and Human Services. Regions are ranked by amenities offered in the city and surrounding towns, for example hospitals, recreation, and arts.

Naples Beach Front
Naples Beach Front

Collier County, which includes Naples and Golden Gate, is comprised of 80% parks and nature preserves inviting any water related sports or exercise imaginable. Also being the largest county in the state, Collier County offers a wide range of activities for both young and old. Naples offers a great destination for artists with the Von Liebig Center. Located in historic downtown Naples, The Von Liebig center is host to the 5th best art festival in the country, by Sunshine Artists Magazine, and offers programs and exhibitions throughout the year. With over 100 art galleries to peruse throughout the city, there is always something interesting and beautiful to see. Also found in Naples is one of the nation’s top community theaters, Naples Players. Performing weekly at the Sugden Theatre, The Naples Players additionally offer classes for all ages in their two exclusive theaters Blackburn Hall and Tobye Studio. Many of the plays offer audience participation allowing for even the shyest thespian a chance to perform with a top ranked actor’s troupe.

The real estate in Naples has continued to flourish along with everything it has to offer. Growing considerably over the past years and offering more to residents now than ever before. To procure a spot in one of the Nations top ranked best place to live use an agent that is not only familiar with the area, but is a specialist in the finest luxury real estate Naples has to offer. Dustin Beard, of John R. Wood, offers seven years experience with the Naples area. Specializing in all that Naples has to offer, Dustin is a trusted real estate agent and a leading producer in one of our nation’s top ranked cities.

The Naples Real Estate Market continues its steady improvement!

Sales increase again for Naples real estate

Sales continue to rise in Naples Real Estate Market!

Moorings Single Family Home
Moorings Single Family Home

During the past seven months, Naples has witnessed a steadily increasing real estate market in comparison to last year. Activity has increased from 293 sales a year ago to 370 now, mostly centralized in the Collier County area excluding Marco Island. The Naples region alone has seen a 92% increase in pending sales adding to an overall 13% rise in sales in Collier County. Median prices, the price at which half the homes sell for more and half for less, continue to fall showing a drop in value from $375,000 to $238,000. According to Sunshine MLS most activity has been seen in homes priced at $300,000. So far, the market has shown 222 sales made in the last month proving the market is continuing to increase.

Naples Luxury Real Estate: Monthly Market Update September 2008

It’s not quite the sales volume we saw in 2005 (for obvious reasons), but the luxury real estate market in Naples continues to increase year after year.  The graph below shows the combined monthly sales volume of each development west of U.S. 41, from Vanderbilt Beach south to Port Royal.  While each individual community has experienced varying percentages of increase in 2008, the entire market has been realizing a 10% increase in sales volume since 2006.

Monthly Sales Volume for Naples Luxury Real Estate Market

The price per square foot varies greatly across the different price ranges, however, the days on market (DOM) and average discount from list price to sales price stays the same demonstrating the importance of pricing your home correctly.  Those sellers who are pricing their homes to the current market conditions are enduring fewer days on the market and realizing a greater sales price than those who start high and continually lower their asking price.

Sales for the last four months, West of U.S. 41

List Price

No. of Sales

Average Price/sqft

Average Days on Market

Average Discount

$0 – $499,999

63

$271

221

9%

$500,000 – $799,999

66

$358

227

8.64%

$800,000 – $1,199,999

46

$426

185

9.83%

$1,200,000 – $1,499,999

17

$501

167

11.99%

$1,500,000 – $1,999,999

34

$721

195

9.48%

$2,000,000 – $2,499,999

21

$656

263

12.13%

$2,500,000 – $2,999,999

19

$725

253

9.03%

$3,000,000 – over

27

$606

180

7.19%

As you start to break down the Naples luxury real estate market into individual communities, year after year, 2008 has realized more sales in almost all areas.  I would argue the numbers in Bay Colony and Naples Cay are down due to the lack of inventory on the market.  Any person looking for a beachfront condominium in Bay Colony would certainly agree.  Currently, there are only eleven units for sale in five beachfront buildings.

Year to Date Home Sales, 2007 Compared to 2008

Community

2007

2008

% of Change

Vanderbilt Condominium

24

28

16.7%

Vanderbilt Single Family

9

14

55.6%

Bay Colony

39

27

-30.8%

Pelican Bay Condominium

138

125

-9.4%

Pelican Bay Single Family

18

16

-11.1%

Naples Cay

10

7

-30.0%

Park Shore Condominium

75

105

40.0%

Park Shore Single Family

17

20

17.6%

Moorings Condominium

59

64

8.5%

Moorings Single Family

29

29

0.0%

Olde Naples Single Family

32

25

-21.9%

Port Royal Single Family

27

50

85.2%

Il Regalo: Naples best new development is now offering to carry financing through construction.

II_Regalo

Are you thinking about building a new home but aren’t sure if you can get the proper construction loan? Or maybe you just don’t want the hassle. Well, forget messing around with a construction loan and the hassle of converting that over to a final loan once construction is complete!

Il Regalo, Naples’ best new development, is offering to carry the construction loan until completion; at which time all you have to do is get your final loan. All that is required is 15% down at time of contract (a down payment less than most banks are requiring). Construction will begin immediately on your new home and generally will take eight to nine months to complete. During this time, you can shop different lenders for the best rate on your new mortgage.

Il Regalo, is a small, family-oriented neighborhood located just off Orange Blossom Drive, next to the county library. Just one mile north of the intersection of Airport-Pulling Road and Pine Ridge Road (considered by most to be the center of Naples), it is too easy to get to all the necessities in only minutes. Il Regalo also enjoys the very best school zones in Collier County: Pelican Marsh Elementary, Pine Ridge Middle and Barron Collier High, all grade “A” schools!

For more information concerning Il Regalo and this incredible offer, please contact Dustin Beard.