Monday, August 27, 2007

Do You Have An Interest In Avalon at Pelican Bay?


Avalon at Pelican Bay is a gated code access condominium development located at the corner of Pelican Bay Blvd. and Hammock Oak Dr. situated at the north end of Pelican Bay. Units were completed between 1992 and 1994 and range in size from 1,274 square feet to 1,800 square feet. While some units are considered town homes featuring a one car garage, other units offer an assigned parking space. Many of the units offer tranquil lake views while some units offer landscaped and/or preserve views or of a park located to the north which is primarily a soccer field. To protect the tranquil environment, the rental policy in Avalon at Pelican Bay is limited to a maximum of a one time per year lease with a 30 day minimum requirement. A community pool, hot tub and clubhouse are included. The Pelican Bay community center is located just a short distance away along with the Pelican Bay Sandpiper beach club. See Avalon at Pelican Bay condos here.


Today's preview tour was through Avalon at Pelican Bay. Although 10 units were showing active today I learned the most expensive unit listed for $699,500 had recently been placed under contract and should be pending in MLS within the next day or so. Price range was between $399,000 and $599,000. The lowest priced unit needs work as did other units but is priced considerably under the next available unit which was $469,000. The carpet looks tired but it has recently been painted in a creamy white hue throughout and although most of the interiors are nothing to write home about, I think it's a decent value for somebody who doesn't mind a little redo.


If redo's don't interest you, there's one that has had some tasteful remodeling already including granite in the kitchen, a nice tumbled marble back splash and a pretty tile installed on the diagonal throughout the main living area. This unit was listed for $469,000. My favorite unit as far as decor was concerned has been tastefully remodeled and furnishings in this unit are negotiable not to mention it's being advertised with the Pelican Bay Foundation fee included in the price which was currently listed for $545,000.


There was another unit in Avalon at Pelican Bay that went under contract on August 18th. I did not have a chance to see this property before it was snatched up but it looked fantastic in the pictures. What is currently occurring in Avalon at Pelican Bay is actually normal for most luxury neighborhoods in Naples, Florida and should be expected. Units with great upgrades tend to sell better than ones needing improvements provided that the price is justifiable. If you are thinking about selling your Avalon at Pelican Bay unit, feel free to contact me for assistance.


If you have questions regarding Avalon at Pelican Bay or any Pelican Bay Communities, please don't hesitate to call me, Shannon Lefevre at 239-595-6223 or shannon@shannonlefevre.com.

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