Pelican Bay Naples, Florida Prices Just Went Up!

Not all of Pelican Bay homes and condos are on the rise but if you were hoping to break into Pelican Bay with $350,000 it will take some negotiating if you can make it happen at all.
Until earlier this month there were two units available in Pelican Bay for $350,000 but both of those units have since gone under contract. The next greatest deal in Pelican Bay is now listed for $374,900.

***SPECIAL NOTE***If you are searching MLS or any websites with IDX you may notice listings with an address of 800 Vanderbilt Beach Rd. This is Pelican Bay Inn which is a condo conversion and not actually affiliated with Pelican Bay as no amenities are available with the purchase of one of these units.

Some areas are completely sold out at this time while other have limited inventory left:

• Barrington at Pelican Bay, there were two homes for sale that are currently under contract.
• Only two remain in Bridge Way Villas.
• The last unit in Cannes at Pelican Bay just went under contract.
• Cocobay at Pelican Bay just sold out.
• Cap Ferrat at Pelican Bay had a unit listed for $1,395,000. Next one available is $1,795,000.
• Three in Interlachen at Pelican Bay just went under contract within the last week leaving 5 left.
• 6 properties in L'Ambiance at Pelican Bay have either sold or pended contract leaving 6 left.
• 1 left in Las Brisas at Pelican Bay.
• Renaissance at Pelican Bay has sold out.
• The lowest priced unit in St. Maarten at Pelican Bay went under contract this month pushing lowest priced unit up from $589,000 to $626,000
• The lowest priced St. Marissa at Pelican Bay unit went under contract this month pushing lowest priced unit up from $619,000 to $929,000.
• A unit in St. Tropez at Pelican Bay listed at $419,000 went under contract a couple of days ago pushing the next lowest priced unit up to $549,000.
• There's only one left in Villa Coronado at Pelican Bay.
• Waterford at Pelican Bay had only one listing that just went under contract on the 21st of this month.

Areas in Pelican Bay where there is still considerable inventory are as follows:
Avalon
Barrington Club
Bay Villas
Beauville
Breakwater
Calais
Crescent
Glencove
Laurel Oaks
Pebble Creek
St. Raphael
Valencia
Willowbrook

* One point to remember, just because there is big inventory does not mean Pelican Bay owners are interested in giving their properties away but I do know of a couple of properties in Pelican Bay where they are happy to negotiate.

If you want to get your lowest price possible it is always wise to have your agent do some research first before firing off a low offer! I am capable of doing such research. Call me and let's make a deal!