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 What can $1 million buy you in today’s real estate market in Naples?  What determines an asking price of $1 million?  Location is obviously very important but do size, amenities, view or age count for anything, or is it just what the homeowner wants or needs to get for the property?  There are presently in Naples four homes that are actively listed for sale on the Multiple Listing Service (MLS) for exactly $1 million, two of which are condominiums and two single family homes.

Both of the single family homes are in the Olde Naples area with 3 bedrooms and two baths and ironically both were built in 1963 and are seven blocks from the beach.  One of them has 1,480 square feet of living space including a den plus an in-ground pool and spa on .18 acres, while the other has 1,672 square feet plus a one car carport on a ,21 acre corner lot.  One of the condos is located on the south side of Doctor’s Pass in Coquina Sands and was built in 1976.  This 1st floor unit features a western exposure with a view of the Gulf of Mexico and has 1,778 square feet of living area including 2 bedrooms, 2 baths and a glassed-in lanai.  Also included in the sale is a one car garage space.  The other $1 million condo is much farther to the north and located directly on Vanderbilt Beach.  Built in 1983, this fifth floor unit sports two bedrooms and two and one half baths included in the 1,579 square feet of living area.  This is one of only 26 units in this complex, while the previously mentioned condo has 36 units.

Now if you are interested in saving a buck there is an active listing for $999,999.  Located in the Historical District of Naples and built in 1955, this listing is actually three rental units with the main house being a 1,200 square foot duplex and each unit having one bedroom and one bath.  There is also an 800 square foot guest house with one bedroom and two baths.  Slightly less expensive with a listing price of $999,995 is a 2,122 square foot single family home in the Connors area of Vanderbilt Beach.  Although built in 1979, this 3 bedroom 3 bath home has been completely remodeled and is situated on .20 acres directly on the water.  The home also features ...

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Real Estate Information Sources - Real Estate Information General
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