The Naples Daily News has outdone itself with the Lighthouse Project, an in-depth look at the history of Napes that has been published this week. The project takes readers through the history of Naples from the Calusa Indians…..to the building of the Tamiami Trail…..Hurricane Donna…..the development of the Port Royal…….expansion northward to the Ritz and Vanderbilt Beach to the housing bust of the last few years.
Real estate has truly dominated the history of Naples. This series is a must read for anyone considering the Naples area for a primary or a second home or condo.
The Naples master-planned community of Mediterra has proven popular with buyers so far in 2012. Nineteen properties were sold in the Mediterra community including 14 single-family homes and five coach homes during Q1 2012. Mediterra first quarter prices ranged from a high of $4.375M for Bello Lago estate home to $445,000 for a Porta Vecchio coach home.
In Mediterra new construction options, Kurtz Homes is offering a new 6,300 SF estate home in the Benvenuto neighborhood priced at $5.95M. Benvenuto offers an exclusive and intimate setting with only eleven homes that feature either lake or golf course views.
Mediterra is one of the finest communities in Naples and offers over 1000 acres of preserves, lakes and open space. Like its name, the community
The median price of real estate in Naples, Florida rose 15.67% for the 12-month period ending February 2012. This significant increase was reported by AOL Real Estate from data culled from Realtor dot Com listing data. This increase of over 15% ranked Naples 7th nationally for property increases.
The State of Florida fared very well in this study with seven of the ten largest US gainers hailing from the Sunshine State. After five years of stagnant and declining prices, Florida is emerging as a bright spot in the national landscape.
Naples offers upscale communities, near perfect weather and a vibrant cultural environment for both second home owners and permanent residents. If you are interested in learning more about the market, here is a