Phil Fernandez | Naples Daily News
As abodes keep piling up in the Naples area multiple listing service known as the MLS, going old school may not be the best play entering the typically busier snowbird swarm.
Old school as in yanking listings that don’t sell by the start of summer and bringing them back for the bustling winter season.
“There have been 1,861 units withdrawn from the MLS in the past 120 days,” said Adam Vellano, a Compass Florida managing director, as summer and its 90-degree heat was stretching into the start of October. “This is a common trend annually as some sellers pull down their listings because they don’t think they’ll get the highest price during off season months. Unfortunately, if inventory begins to rise in the coming months in anticipation of our winter season visitors, the added competition will likely put pressure on sellers to lower their initial list prices or entertain below list offers.”
Read more on naplesnews.com.
For more information about buying a home in the Naples, Florida area contact David at David at David@DavidFlorida.com or 239-285-1086.
Laura Layden | Naples Daily News
A Port Royal estate has sold for more than $29 million, making it the second-highest sale in the ritzy neighborhood this year.
The waterfront estate – at 3401 Rum Row – changed hands for $29,070,000.
The deal closed Nov. 15.
The property, which sits on a 0.62-acre plot, along Galleon Cove, was listed for $34.5 million.
It went pending earlier this year, but that contract fell through after a separate, but related transaction fizzled out, and with it the financing source for the other deal, said C. Lodge McKee II, a global real estate adviser with Premier Sotheby’s International Realty in Naples.
“It wasn’t because of the financial discomfort of anybody,” he said.
He represented the successful buyer of the glitzy estate, spanning 8,232 square feet, with five bedrooms, and nine bathrooms. Described as a “rare offering,” the two-story residence was built in 2021.
Read the full article on naplesnews.com.
For more information about buying a luxury property in the Naples, Florida area contact David at David at David@DavidFlorida.com or 239-285-1086.
Kendall Little | Fort Myers News-Press
As you prepare for your holiday travel this year, keep in mind that experts say the 2024 holiday season may be one of the busiest in recent years.
And if you’re planning to fly in or out of the Southwest Florida International Airport, it may take a little more time.
According to Luxury Link, an online booking platform specializing in luxury travel, RSW has the second largest surge in holiday travel among all midsize hub airports in the country.
Find out what we know about airport traffic on naplesnews.com.
Robyn George | Naples Daily News
For decades, it sat quietly, shrouded in mystery and virtually invisible to passersby.
Just steps off Old 41 Road in the heart of Bonita Springs, Shangri-La Springs might as well have been miles away, secluded behind its growing wall of green.
“I’ve been here most of my entire life and always knew it was there,” said Maikol Henriquez, executive director of Bonita Springs Historical Society. “It had gates up and I’d look over and wonder what it was. There was a certain aura around it. It was very mysterious, but not in a negative way.”
But slowly, things began to change. After being closed for two decades, the property was opened to the public in 2015, grand opening ceremony and ribbon cutting included.
Then, last October, the wall separating the property from the eyes of the world was removed.
“When I gave the OK to take it down, it was a much bigger deal than I thought,” general manager Lee Bellamy said laughing. “It wasn’t even a wall really. There was a chain link fence and a humongous hedge row had grown unattended for 25 to 30 years.”
Read the full article on naplesnews.com.
Mark H. Bickel | Naples Daily News
Congratulations, Naples. When it comes to the best places to retire in the U.S., you are simply the best, the cream of the crop and second to none.
U.S. News and World Report, considered a global authority in rankings and consumer advice, announced today Naples tops the 2024-25 list for Best Places to Retire. It’s impressive recognition when you consider 150 cites were evaluated.
And just as impressive is Naples climbing all of the way to the top of the rankings after being No. 28 in in 2023-2024.
Read the full article on naplesnews.com.
For more information about buying a home in the Naples, Florida area contact David at David at David@DavidFlorida.com or 239-285-1086.
Laura Layden | Naples Daily News
A second luxury mixed-use tower will soon rise at Metropolitan Naples.
Construction will start on the tower, known as Aura, next week.
It will be built at the corner of Davis Boulevard and U.S. 41, next to Ascent, in East Naples.
While Ascent is a luxury apartment community, with studios to penthouses, Aura is offering high-end condos for purchase, from $2 million to more than $7 million, in various sizes.
With Suffolk as the general contractor, the second tower is anticipated to be completed in 22 months, or a little less than two years.
Metropolitan Naples has been years in the making. At completion, it will have three 15-story buildings on a roughly five-acre site, transforming a high-profile corner, on the doorstep of downtown Naples.
Read more about the Aura tower at Metropolitan Naples on naplesnews.com.
For more information about buying a luxury home at Metropolitan Naples contact David at David at David@DavidFlorida.com or 239-285-1086.
