Park Terrace: Affordable Old Naples Condos
It is not often that you see Old Naples and affordable in the same sentence. The numbers speak for themselves…..so far we in 2012, we have had 128 property sales in Old Naples with an average selling price of just over $1.1M. Even the average listing in Olde Naples is well beyond the means of most budgets.
One Old Naples condo development, Park Terrace, does have units currently available in a more affordable price range. Park Terrace is a 36-unit, mid-rise condo development that was constructed in 1968. It is located on 7th Street South between 1st Street South and Central Avenue.
Currently, there are four active listings at Park Terrace ranging in price from $134,900 for a 1 BR / 1 BA / 700 SF unit to $199,00 for a 2 BR / 1.5 BA / 840 SF unit. If you are interested in learning more about this affordable Old Naples option, here is a resource to view active Park Terrace real estate listings.