Olde Naples Landmark Sale - 220 North Lake Drive by Rex Miller PA

02/5/14

 
Gulf Coast International Properties just represented both sides of the Landmark Olde Naples sale at 220 North Lake Drive in Olde Naples on January 30,2014. GCIP Realtor Rex Miller (Listing Agent) and Principal Tim Savage (Buyer's Agent) cooperated to achieve the second highest sale for non beach block property in Olde Naples ever recorded. Olde Naples luxury real estate continues to surge where a seller's market clearly exists. Currently, the single family market activity is as follows for Olde Naples- 56 Active, 14 Pending, and 98 properties have sold over the last year. 7 months worth of inventory seems to be the approximate level of inventory for many segments of the existing market across Naples. We haven't seen a market this strong in nearly 8 years and professionals in the area believe that it is more sustainable than previous bull real estate markets due to the prevalence of cash sales and tight lending practices. For more information regarding Naples Luxury Real Estate contact area expert Rex Miller of Gulf Coast International Properties at 239.821.1433 or rex@gcipnaples.com.



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