Another Olde Naples Spec Home Sale in Off Season

09/25/13


With an asking price of $2,499,000 and selling price of $2,475,000, 261 5th St North marks another spec home sale in what has traditionally been a very quite month in real estate for Olde Naples. Sold on September 19, 2013, this home was just over 3500 square feet of living space, and featured four bedrooms, a study, den/study, 7 bath, two car garage, and pool. All this situated on an oversized Southern exposure lot four blocks off the beach. Closed sales dollars are continuing to rise, as sited in the GCIP Olde Naples MId Year Market Report, closed sales dollars increased 77% from $47 million to $83 million since 2009.

For more information regarding the status and inventory opportunities of the beautiful Olde Naples market, contact Andrew Arreola at 239-821-3560 or andrew@gcipnaples.com.



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