Naples has always been popular with vacationers and second home buyers seeking a fun, family-friendly environment to escape to within the Sunshine State. Known for its dreamy, white-sand beaches plus world-class golf courses, this Gulf of Mexico city is also emerging as a major luxury destination in which to invest and live . The city has been part of the Blue Zones Project since 2015, which works to make communities across the country healthier plus happier. Since then, East Naples has had the most significant improvement in Southwest Fl, up 6. 7% since the project started.
“Once you move to Southwest florida, you can take 10 years off your age, ” Ardel McKenna, real estate associate at Coldwell Banker , joked, pointing out some of the city’s major recreational draws such as sailing, fishing, and almost 90 golf programs. “If you want to be outdoors, it’s the best place in the world because it’s always sunny. “
And with more people working remotely than ever , Bonita springs has quickly become the primary house of many urbanites relocating from cities like Chicago and New York City. In fact , it now holds the particular title of the safest place to live , according to a recent U. H. News survey, and is one of the fastest-growing towns in the country , attracting not just retirees but also younger couples. In 2021, Naples had the most home sales per capita of all mid-size markets in the Circumstance. T., and the average house price jumped a whopping $200, 000 year-over-year (more than 30%). Within June 2022, the particular median home cost within the city was $739, 500.
“Our regular buyer is now 42 years old. [Naples] is very vibrant. It has restaurants, nightlife, and a lot of fun things. There is always something new on the horizon in Southwest florida, inch Dawn McKenna , a Coldwell Bank broker specializing in luxurious real-estate, told T+L. “I would say we are probably closest from a real estate perspective in order to Palm Beach. The difference is Hand Seaside Island is — like all of Bonita springs — walkable. But Palm Beach Island is very small, so when you go out to West Hand Seaside, this gets very dense. Naples is a little bigger plus doesn’t have that. inch
Lower density is just one factor that makes Naples a more attractive location compared to traditional high-class marketplaces for example Miami or Palm Beach. Southwest florida Municipal Airport (APF) is just a 10-minute drive from the city’s downtown and caters to private plus chartered flights (in 2020, it was one of only three personal airports countrywide that will saw an uptick inside activity). Naples’s 5th Avenue South and Waterside Shops are house to some of the best designer shopping, plus new luxury developments are popping up all over town.
Four Seasons is making the debut on the Gulf Coast with Bonita springs Seaside Club, a Four Seasons Resort, a sprawling 125-acre community that will consist of the 216-room hotel and 185 luxurious residences. The property, designed by Hart Howerton along with interiors by Champalimaud Design, is projected to open within 2024. Kalea Bay, five high-rise towers in North Naples offering gorgeous Gulf views, a good open-air gym, several pools, plus tennis courts, among many other amenities, features three- and four-bedroom fully furnished homes. Most of the Kalea Fresh condos have been sold for two years, plus residents will finally move in this particular fall.
In May, Rosewood Hotels & Resorts announced it is building its 2nd Rosewood Residences property in California in the heart associated with Southwest florida. The 50-unit development will certainly boast 500 feet of beachfront, ocean sights, and concierge facilities. The particular three- plus four-bedroom residences have an average indoor size associated with 5, 300 square ft each and will feature their own private elevator entries, spacious balconies, large walk-in closets, and custom kitchens.
House product sales in the area are also booming. Last month, a 16, 000-square-foot beach home people paid $62 million , making it Naples’s most expensive single-family residence plus beating the previous big-ticket record simply by $10 mil. Some of the buzziest neighborhoods within the city right now are Port Royal, Old Bonita springs, and Aqualane Shores.
“The demand [for real estate] inside Naples never goes away, inches Ardel McKenna concluded. “It’s getting larger. The rise in interest rates or the stock market leveling off is in no way going to diminish the demand to be in Southwest florida. “