Port Royal Naples, Florida, is one of the most exclusive areas in the world. The Port Royal real estate market has enjoyed incredible success over the last few years with values steadily increasing and inventory diminishing. Current prices range from roughly $2.5m for a non-navigable dry lot/teardown all the way up to $85,000,000 which is for a significant Gulf front home (which is currently privately listed). There is a current strong demand for new construction and land in particular in this area. A current synopsis of the market as of today is as follows:
Single-Family
- Active- 43
- Pending- 8
Sold over the last 365 days- 38
Land
- Active- 10
- Sold- 11
*Source - NABOR as of 10/24/2014
Port Royal inventory is at levels we haven't seen in over a decade and we are expecting continued favorable market conditions in the immediate future.
For more information regarding Port Royal Real Estate or privately held listings contact area expert Rex Miller with Gulf Coast International Properties at 239.821.1433 or [email protected].
For more information regarding Port Royal Real Estate or privately held listings contact area expert Rex Miller with Gulf Coast International Properties at 239.821.1433 or [email protected].
Rex Miller, P.A.
Realtor