Laura Layden | Naples Daily News
The Harbour Club looks much like it did after Hurricane Ian.
Ravaged by the deadly and destructive storm in 2022, the twin low-rise residential buildings are a sore reminder of the past.
Not for long.
After failed attempts to restore the co-op buildings by its collective owners, a local group of investors has acquired the bayfront property — at 1624 Gulf Shore Blvd. N. in Naples — with plans to redevelop it.
The plans: To build an “exclusive collection of premium condominiums” that look more like single-family homes, with prices that are more affordable to more people.
The property is within a roughly 1 mile stretch of road, dubbed the “Miracle Mile” after it showed so much resilience in the face of so much devastation from Ian. The area is seeing big changes, with a flurry of new development, as it recovers and evolves in the aftermath of the storm.
Last developed in the 1960s, the property, in Coquina Sands, overlooking Hurricane Harbor, sold for $17.5 million.
Read more about the Harbour Club redevelopment on naplesnews.com.
Are you in owning a luxury home in the Naples, Florida area? Contact David at David@DavidFlorida.com or 239-285-1086.
USA TODAY Network
Newly released data from Realtor.com for March shows that potential buyers and sellers in Collier County saw lower home sale prices than the previous month’s median of $675,000.
The median home sold for $650,000, an analysis of data from Realtor.com shows. That means March, the most recent month for which figures are available, was down 3.7% from February.
Compared to March 2024, the median home sales price was down 1.5% compared to $660,000.
Realtor.com sources sales data from real estate deeds, resulting in a few months’ delay in the data. The statistics don’t include homes currently listed for sale and aren’t directly comparable to listings data.
For a breakdown on median sale prices go to naplesnews.com.
Are you looking for a home in the Naples, Florida area? Contact David at David@DavidFlorida.com or 239-285-1086.
USA TODAY Network | May 10, 2025
Newly released data from Realtor.com for February shows that potential buyers and sellers in Collier County saw higher home sale prices than the previous month’s median of $641,000.
The median home sold for $675,000, an analysis of data from Realtor.com shows. That means February, the most recent month for which figures are available, was up 5.3% from January.
Compared to February 2024, the median home sales price was up 7.1% compared to $630,000.
Realtor.com sources sales data from real estate deeds, resulting in a few months’ delay in the data. The statistics don’t include homes currently listed for sale and aren’t directly comparable to listings data.
Get a breakdown on median sale prices on naplesnews.com.
Are you looking for a home in the Bonita Springs – Naples, Florida area? Contact David at David@DavidFlorida.com or 239-285-1086.
Naples, Fla. (April 25, 2025) – Brokers reviewing the March 2025 Market Report by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), agree that the Naples area housing market has become a buyer’s market – where the supply exceeds the demand – as reflected in a 36.1 percent increase in overall inventory to 7,483 properties from 5,500 properties in March 2024. Overall closed sales decreased 9.3 percent in March to 820 closed sales from 904 closed sales in March 2024, putting pressure on sellers to drop prices before season ends. Even with 3,305 price decreases reported during March – the highest on record – overall pending sales decreased 7.3 percent to 1,212 pending sales from 1,300 pending sales in March 2024.
Inventory levels finally exceeded pre-Covid levels in March – 7,483 properties vs. 6,829 properties in March 2019. With more options for buyers to consider, days on market for March increased 26.5 percent to 86 days from 68 days in March 2024. Plus, the 5.1 percent increase in new listings during March to 1,617 new listings from 1,538 new listings in March 2024 has pushed our market to 11.4 months of inventory compared to 7.7 months of inventory in March 2024.
As Mike Hughes, Vice President and General Manager for Downing-Frye Realty, Inc. proclaimed upon reviewing the report, “For buyers, this is a rare opportunity to negotiate your way into paradise.”
It’s Paradise, Not Fantasyland
According to Cindy Carroll of Carroll & Carroll Appraisers & Consultants, LLC, “Sellers who purchased a property in Naples at the top of the market during the pandemic and did major home renovations may not get back all the money they put in.” But she admits that there are exceptions depending on where the home is located. “Some neighborhoods in Aqualane Shores, Old Naples, off Crayton, and in Lake Park are oversaturated with spec homes, which is hurting the resale market. If you’ve been waiting months to get your price thinking things will be better, that’s not a good strategy today.”
Bleggi responded, “Sellers who are goal oriented should look at the sold price of the most recent closing in their neighborhood. With the supply of homes for sale on the rise, those chasing the market with small price decreases each month will be disappointed. But those willing to sell for fair market value are going to get ahead of the market, sell faster, and net a high return.”
Priced to Sell with a Profit
While the median closed price barely changed compared to last March, a .1 percent increase to $650,000 from $649,450 in March 2024, it decreased 2.4 percent compared to February’s median closed price of $666,250. The median closed price of single-family homes reported no change in price year over year, $770,000. But the median closed price of condominiums decreased 7.1 percent to $486,000 from $523,000 in March 2024.
Brokers identified the top issues contributing to slow sales today: economic uncertainty, sellers who aren’t willing to lower the price, homeowners unwilling to let go of a low mortgage rate, and buyers on the fence because they believe prices are going to drop drastically.
The NABOR® March 2025 Market Report provides comparisons of single-family home and condominium sales (via the Southwest Florida MLS), price ranges, and geographic segmentation and includes an overall market summary. NABOR® sales statistics are presented in chart format, including these overall (single-family and condominium) findings for 2025:
Are you seeking a home in the Bonita Springs – Naples, Florida area? Contact David at David@DavidFlorida.com or 239-285-1086.
Laura Layden | Naples Daily News
As part of a growing trend, an ultra-luxury waterfront estate in Bonita Bay has been put on the auction block.
The estate has been offered up via an online auction.
The local broker says it’s a first for Bonita Bay, the 2,400-acre, golf-oriented, gated community in Bonita Springs that opened for sales in 1985.
One-of-a-kind real estate
FRE Auctions is doing the auction, in partnership with Spina Realty Company, the broker. In a crowded market, they say it’s a transparent, efficient and competitive way to buy and sell one-of-a-kind real estate.
“It’s a very expensive house, actually,” said Corrie Brashars, an auction specialist for FRE, headquartered in California.
See the photo gallery and read more about this home built by Harwick Homes in 1994, the 7,838-square-foot residence has four bedrooms and seven bathrooms, including two half-baths. It has a home theater, gym and private study.
One of its most unique offerings: A resort-style pool that includes waterfalls and a swim-up bar… naplesnews.com.
Are you seeking a luxury home in the Bonita Springs – Naples, Florida area? Contact David at David@DavidFlorida.com or 239-285-1086.
Mark H. Bickel | Naples Daily News
A Naples home is No. 1 on the list for most expensive single-family property transfers in Collier County from March 1-31, 2025.
This home is located at 3880 Rum Row. It has five bedrooms and eight bathrooms. It sold for $34,000,000.
Get the details on this Rum Row property and the rest of the Top 10 real estate sales in Collier County recorded for March 2025 on naplesnews.com.
