The Naples' real estate market is currently on fire. What are some signature sales that have people talking?

There have been 5 Beach Lot/ homes that have sold in the past 2 months. Usually, Naples only sells 1-2 per year on the beach but this year we have more and more selling. 670 Gulf Shore Blvd sold, which was the highest price per sq. ft .and price per linear ft. on the beach ever in Naples. The market is something I have never seen before and we are lucky to be here during this time.

Photo Credit: Matt Steeves Photography

There's also a lot of exciting things happening in Naples that make it an even better place to live. What are some of the new things that you're excited about?

The new Ferrari Dealership is something new in Naples as well as the announcement of the New Beach Club that is going to turn into a new Beach Hotel and Condos. There also is the start of construction of the Olde Naples Hotel downtown and the announcement we are getting another Cameron Mitchell Restaurant Del Mar.

As the pandemic continues to cause problems across the globe, how is Naples handling the emergency?

Naples Life has changed but for the better. We are being very careful however, most businesses are open and thriving with our Peak Season upon us. We are busier than ever and restaurants, bars, and events are full. We have world-class medical facilities and we had a very low count of hospitalizations and deaths in Collier County

In such a hot market, what advice are you giving your buyers in order to prepare them for the challenge?

I, unfortunately, have to advise my buyers to buy it right away and offer close to ask if not ask [price] if they want it. There is such a lack of inventory and a huge demand in our market right now that there are multiple buyers for every property. Also to not be disappointed if we lose out on one there will be another shortly.

Are you seeing buyers looking primarily for new construction right now or are they more open to existing/pre-owned properties?

They are looking for anything they can get currently. New construction will go right away. I am showing a property that is on Slab right now and would be surprised if I got through the season with it not Sold.

For more information, please contact Dante DiSabato at 239-932-3908 or dante.disabato@raveis.com

Dante DiSabato is the exclusive agent representing the Naples, Florida real estate market as a member of the Haute Residence Real Estate Network. View all of his listings here.

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