During the last Naples, Florida real estate peak it took $535,000 to break into Pelican Bay. Today a Pelican Bay condo just closed for $286,900 which is simply a REMARKABLE deal.
The unfortunate side for the next buyer is prices from there are substantially higher. The lowest priced Pelican Bay condo is now in the mid $300's and there's only 1 of those. The next three are listed at $425,000. While the odds of getting a deal like the last guy is highly unlikely, the odds of getting an outstanding deal compared to the one after you is significantly high. Don't waste anytime or you'll miss that one too!
There are currently 11 Pelican Bay condos under $535,000. Call me today if you are looking for a great place to park some money.
Since I'm talking about Pelican Bay deals, If you can get a Pelican Bay home under $1,000,000 you're doing pretty good. During the peak you couldn't buy one for less than $1,350,000. Today there's one on the market for barely over $1,000,000.
For more information regarding Pelican Bay or any other Naples real estate, contact me direct!
Best Regards,
Shannon Lefevre, PA
239-595-6223