Inventory of available lots in Old Naples is now nearly non-existent. Olde Naples real estate has substantially rebounded particularly when you are considering within 2 blocks of Naples beach. The 2 most recent lot/teardown sales have sold for $1,835,000 and $1,475,000 which is substantially higher than the market bottom of $1,250,000 for a comparable lot that sold in 2009. Olde Naples's new construction is on the rise with developers and investors building multiple specs at this time. For more information regarding Old Naples real estate, contact Old Naples specialist rex miller with gulf coast international properties at 239-821-1433 or [email protected]
Rex Miller, P.A.
Realtor