Naples Florida Luxury Residences
Pricing from $185,000
Minutes to Gulf coast beaches and Designer shopping
Investment Analysis:
The opportunity presented is without question the most high profile property we have ever been involved with in Florida. The units on offer here come directly from the bank at prices well over 50% below replacement costs in arguably the most exclusive city in America – Naples, Florida. In 2004-2006, Naples Florida led the United States in capital appreciation with the property market seeing 30-35% gains per annum and prices within this development soaring as high as $555,000. With the bank eager to close a large portion and show the loss on the balance sheets, they have offered us the units in bulk starting from $185,000. Brand new inventory, in Naples, within 3-4 miles of the beach under $200,000 or $100 USD per square foot does not exist. We feel strongly that once mortgage financing is available in the near future, these units will fetch $235,000-$275,000 and we can see $60,000-$70,000 in built in equity. Naples Florida is the only market in the country where we have seen multiple large National Homebuilders acquire land and begin building spec homes. Lennar, DR Horton, and Taylor Morrison have all recently closed on large sites in Naples paying more than $75,000 per plot and releasing retail pricing in the current market starting from $350,000 USD.
Amenities
- Fitness Center
- Mediterranean architecture
- Attached garages on every floor plan
- 3-Bedroom and 4-Bedroom plans!
- Resort-style pool
- Open floorplans with extra windows for added light, views
- Upscale interiors including extensive crown molding
- Granite kitchen countertops, whirlpool tubs, lighted fans
- Protected Wetlands/Nature Preserve
- Close proximity to beach
The Residences
Each spacious floor plan includes rich details: textured ceilings, brushed nickel hardware, 8-foot interior doors, central vacuum and intercom systems, with plush, frieze or Berber carpet. Vaulted ceilings with extensive crown molding and custom finishes such as archways, alcoves and built-ins highlight the luxury lifestyle. Moreover, each residence includes three lighted ceiling fans, granite window sills and comes Internet/network ready and pre-wired for audible alarm systems and surround-sound.
Designed with a meticulous attention to detail, the veranda of each home comes with a screened and covered concrete lanai, a screen door to the outside and sliding doors providing easy access to the dining room.
The gourmet kitchens offered are spacious and luxurious, featuring an open plan with bar seating and an island and dining area, under-cabinet Sony LCD TV/DVD, raised-panel wood, 36″ upper cabinets with adjustable shelving, Moen faucets with single-handle pull-out vegetable sprayers in a stainless steel finish, brushed nickel hardware, granite countertops with beveled edges, an integrated under-mount stainless steel double sink and stainless steel GE Profile appliances.
The top-notch designers also spared no detail when it came to the baths of each residence. Every bath offers ceramic tile floors, 36″ cabinets complete with under-vanity lighting, granite countertops, garden tubs, Moen Monticello faucets and shower hardware, and multi-light fixtures in Colonial silver finish. In addition, each master bath comes complete with a lavish jetted whirlpool tub, granite shower surrounds with a frameless glass door and custom
Naples is an affluent, sophisticated town that lies on the Gulf Coast of Southwest Florida. Its’ many boutiques, art galleries and restaurants are easily on par with Beverly Hills and Palm Beach, yet Naples retains an easygoing, laid back atmosphere. Located on a stretch of southwest Florida that is not bordered by barrier islands, Naples has seven miles of silky, white sand beach that overlooks the turquoise waters of the Gulf of Mexico. Swimming, sunning, snorkeling and a full array of other water sports are available in Naples. You’ll find some of the best golf courses in the state, tennis, fishing off the pier or chartered boats for deep-sea fishing. Olde Town Naples dates back to 1886 and still has all the charm of a Victorian village. “Millionaires’ Row,” in Olde Town, showcases some of the gorgeous old homes of the era. Enjoy Florida’s outdoors browsing at The Waterside Shops with 60 internationally renowned designer and specialty stores including Saks Fifth Avenue, Cartier, Gucci, Tiffany & Co., Burberry, Brooks Brothers, Lacoste, Salvatore Ferragamo, and Louis Vuitton. High end factory outlet shopping is just minutes away at the Miromar Outlets including stores such as Brooks Brothers Factory Store, Calvin Klein, DKNY, Escada, Lacoste, Michael Kors, Polo Ralph Lauren Factory Store, and Tommy Hilfiger. The Naples Pier, located at the gulf end, is a focal point of the neighborhood, as well as a state historical site. The Naples Caribbean Gardens features a petting zoo and a self-guided trail that winds through a tropical garden of native plants and birds. Naples is also just a short drive to Collier Seminole State Park and the awe-inspiring Everglades.