Cannot Be Duplicated!

Royal Harbor Treasure!

Undeniably, one of the very best waterfront values in all of Naples Florida!

This professionally decorated, custom home boasts over 4,200 square feet of living area and has 4 bedrooms plus a den and 4 full baths. Additionally there is a library, an exercise room, a craft or hobby room, and separate formal living room & dining room as well as a family room which opens from the gourmet kitchen to the beautiful outdoor Lanai, pool & spa and built in grill. All new impact curtains exceed the 2011 Dade/Broward wind requirements for a CAT 5 Hurricane. The 60' deep water dock will accommodate a large vessel and features direct gulf access...In minutes you will find yourself in Naples Bay, the Gulf of Mexico, or the wonderful backwaters of the 10,000 Islands! Please join me today, Sunday February 20th at my open house from 1PM to 4PM, at 2031 Tarpon Road in Royal Harbor, or call The Harris Peppe Team to arrange a private showing of this immaculately kept waterfront residence in one of Naples finest communities! Drastically reduced to under $2 million! 239.370.0574

Thank you, and make it a GREAT day!

The Naples Real Estate Blogger

Gordon River Views

There is definitely something for everybody in Naples Florida. Check out this spacious 1st floor two bedroom, two bath condo with a 28' boat dock included! This fabulous condominium is located in Mariners Cove--a hidden treasure right on the Gordon River, within walking distance to all the downtown amenities.

The low condo fees include general insurance, professional management, a reserve fund, water & sewer, basic cable, exterior & interior pest control, lawn care and recreation maintenance such as the boat docks, and lovely riverside pool area. Pets are approved up to 35 lbs. and there is a very flexible rental program which allows for 12 leases per year with a 30 day minimum. Perfect for the investor looking to offset the debt with a nice income while enjoying their Naples vacation home throughout the year!

If you are interested in viewing additional details about this great condo click HERE to see a virtual tour, or call 239.370.0574 for an appointment today!

Say Hello to a Good-Buy!

This is one of the best buys in Naples Florida, priced below $300,000. It is NOT a short sale or a bank owned property...It is just a well priced listing with a motivated seller looking for offers! Beautifully appointed and easy to show...Call today to see this lovely 3 bedroom coach home situated on a lake in a wonderful gated community with resort amenities. Click HERE for details! September is typically a slow month for real estate sales in SW Florida...why not come on down now and beat the rush! Interest rates are still at record lows, inventory in the 'under $300,000' price range is evaporating. Call The Harris-Peppe Team today for a list of all our Super September buys!

A Place to Hang Your Heart

Looking for a place to hang your hat? Beautifully renovated, from top to bottom; come see why we think this lovely villa in Windstar Country Club is one of the best buys on the market in Naples Florida! Wide open floor plan with soaring ceilings and a breathtaking lake & golf course view...this 3 bedroom residence boasts over 2,300 square feet of air-conditioned living area plus a garden-side lanai and a private 2 car garage. The newly designed kitchen features top-of-the line appliances, high-end cabinetry and granite. The spacious Master bedroom opens to a private courtyard and has a wonderful new en suite bath with separate tub & shower, double sinks and a private water closet. Warm hickory floors and custom painting throughout creates an inviting ambiance rarely seen in most Florida villas in this price range. Best of all, you are just steps away from your own privacy garden which leads directly to a very large pool & entertainment area. The amenities at Windstar are incomparable--a brand new club house plus a masterly designed Tom Fazio golf course for the avid golfer. The community also features a world class, deep-water marina within its gates, making it the only golf course community in Naples right on Naples Bay! A boat shuttle will take you and your guests to a private island for a day of sunning and shelling on one of the prettiest beaches you'll ever find. Windstar is also an Audubon approved neighborhood with one of the lowest densities of any golf course community in SW Florida! This is true Florida living at its best, and we are certain once you see this (click here for virtual tour) magnificent home, you'll want to hang your heart here forever! For more details or for a personal tour of this property, please call The Harris-Peppe Team at 239-370-0574.

Inventory Down. Sales Up!

It's the first day of a new month and a new quarter. We completed our month-end reports yesterday and we are also carefully reviewing the year-to date statistics in each of the markets that we are most active. We found a few interesting conclusions based on data from our local MLS that I thought I would share. Keep in mind, these findings are inclusive of all geographic areas in Naples. Certain market segments are holding there own better than others, and indeed, certain areas are quite active and showing strong signs of leveling off. More than just a few local real estate gurus are predicting we may be at or near the bottom.

• Residential Sold Listings peaked in June of 2005 with three subsequent spikes in the next 3 years in March 2006, May 2007 and May 2008. The most recent peak in May 2009 marks the first time since September 2005 that closings in the Naples MLS exceeded 700 units!

• Residential Pending Sales By Month, which is typically the best barometer for determining what is happening "now" shows a marked improvement when tracking pendings June 2005 through to the present. The average number of pending per month over the past four years has been 475, but in April and May of this year we exceeded 1000 each month!

• Residential Median Sold Price Per Month indicates the "middle" (half sold above this price, half sold below) from June 2005 to May 2009 at $352,006. However, if all listings priced at $300,000 or less are taken out of this equation, the Residential Median Sold Price By Month dramatically becomes $515,718. (keep in mind, 4 years ago you'd have been hard pressed to find any listings priced under $300,000 in Naples Florida. Today approximately 40% of our inventory is listed under $300,000).

• When duplicating this same search, but only going back 12 months to June 2008 another interesting result occurs. The Residential Median Sold Price By Month hit a low of $175,000 last month. However, once again when we eliminate all closed sales of listings priced below $300,000 from the search criteria the median price for this date range is back up to $517,371.

• Currently, Naples MLS inventory is down to under 9,000 Residential Active Listings. Just one year ago, in June 2008, we had a 33.76 month supply in inventory. But, when we take our current inventory and chart it with the current 12 month trend of pendings and closings we calculate that as of June 30th, 2009, we have a 20.79 supply in months of Active Residential Listings.

There is a strong demand for well priced listings; today's buyers are looking for value. Interest rates have remained stable. ~and We feel very lucky to be selling real estate in Naples Florida. Chip & I have had a good 1st and 2nd quarter. Year-do -date pendings and closed sales exceed 2008.

Please don't hesitate to contact us should you have any comments or questions concerning the current state of the real estate market here in Naples Florida. The Harris Peppe Team is happy to provide you with details about any specific communities or condominiums. We hope to hear from you soon and look forward to earning your business. Please call us anytime at 239-370-0574 direct. Thank you...have a super month!

Naples Florida Real Estate Best Buys!

I believe these to be two of the best buys in Southwest Florida priced under $500,000!

If making a sound investment is your motivation, call today!

• Adorable, 2 bedroom, 2 bath, + den, single family home with a refreshing, below ground swimming pool! (check out the view) A bright and cheerful decor...ALL furnishings are included in this Key West-style cottage located in historic Goodland...move right in and begin to enjoy this lovingly maintained, charming home. Situated on a large bay with direct access to the Gulf of Mexico and the 10,000 islands where you will find the best fishing in Florida only a short boat cruise away! Here at "The Pineapple Hut" you are walking distance to all the fun that Goodland has to offer. -and Just a few minutes from all the convenient shopping and amenities of Marco Island...Plus only a 30 minute drive to downtown Naples! WOW! This is a true boater's dream. This turnkey furnished cottage can be yours for UNDER $500,000! MAKE OFFERS! All reasonable offers will be considered!

• Fabulous opportunity to own a rarely available 2 bedroom, 2 bath, turnkey furnished condo in Olde Naples just one short block to the beach and located directly on the World Famous Fifth Avenue South, Naples' main street! Here you are just steps away from breathtaking sunsets...PLUS all the amazing restaurants, pubs, galleries and fine shoppes that the downtown lifestyle has to offer. In addition to this, the condo, which is situated in a small and intimate enclave of only 14 units, can be rented out by the week! The rental history is excellent! Call for details. Lots of income to off-set debt! This would make a perfect get-away! No car necessary! Priced UNDER $500,000 to encourage offers!

Call today for appointments or for additional information about these or all other buying opportunities in Southwest Florida 1-239-370-0574 (direct) OR log onto our award winning website at: http://www.naplesrealestate.com/ You will find additional photos and virtual tours of these and our other listings on this site!