Telephone Number Tel: (+34) 952 471 774 | UK Freephone UK Freephone: 0800 047 0597 | US Toll Free US Toll Free: +1-866 656 7152
Home > USA > Property >  Property Details
SubscribeSubscribe to the Property Bulletin
   
 

Low Cost 3 Bedroom and 2 Bath American House - Villa Available

For more information please fill out the quick enquiry form

House/Villa Description

Investors –



Below are details on brand new deal released in Naples Florida. This is a really high end luxury property located less than 3 miles from the Gulf of Mexico beach. In 2005/2006, these townhouses sold for over $500,000. Replacement costs per unit are in excess of $325,000. About 2 miles away from the development is an outdoor shopping mall with very high end boutique shopping including Louis Vuitton, Prada, Gucci, Burberry, Tiffany’s, Rolex, Saks Fifth Avenue, etc. The location is without question one of the most exclusive zip codes in the entire United States. All units are currently rented providing excellent cash flow for investment. Limited number of homes released by the bank. Full information provided below








Naples Florida BANK APPROVED

Luxury Residences from $185,000 - (Public Pricing from $225,000)

*Minutes to Gulf Beaches and Designer Shopping*





Investment Analysis



The opportunity presented is without question the most high profile property we have ever been involved with in Florida. The units on offer here come directly from the bank at prices well over 50% BELOW BUILD COSTS in arguably the most exclusive city in America -- Naples, Florida. In 2004-2006, Naples Florida led the United States in capital appreciation with the property market seeing 30-35% gains per annum and prices within this development soaring as high as $555,000. With the bank eager to close a large portion and show the loss on the balance sheets, they have offered us the units in bulk starting from $185,000. Brand new inventory, in Naples, within 3-4 miles of the beach under $200,000 or $100 USD per square foot does not exist. We feel strongly that once mortgage financing is available in the near future, these units will fetch $235,000-$275,000 and we can see $60,000-$70,000 in built in equity. Naples Florida is the only market in the country where we have seen multiple large National Homebuilders acquire land and begin building spec homes. Lennar, DR Horton, and Taylor Morrison have all recently closed on large sites in Naples paying more than $75,000 per plot and releasing retail pricing in the current market starting from $350,000 USD.







Situated in a prime Naples location



Developer sold 71 units for between $450-$550,000 on completion



3 and 4 bedroom luxury townhouses



Final 30 units now available



Priced around 50% below build costs! (IE it would cost 50% more for a developer to build these units again!!)



Superb deal for cash investors



Rents of around $1700 - $1800 pcm



Low community fees



Once site sells out bank will finance against these - huge resale potential



Units selling locally on the ground



KNIGHT KNOX EXCLUSIVE





At present, the development is 100% occupied and has averaged over 95% occupancy rates for the last 24 months. As the market firms up across South Florida, the largest concentration of demand is through those looking for a combination of investment but also something that they can look to use as a luxury second home at some point in the future. Inventory levels across Naples are considerably lower than any other major destination city in Florida and will without question be the first geographic area to come out of the downturn. Many experts feel that the bottom of the Naples market has passed us, however values are still too good to pass up and will not be around long.



Contact us if you are looking to make one of the safest and most lucrative property investments in Florida at this time...









body < background: #FFF; >

Like this? Then share with your friends and colleagues!



Approximate price of this 3-Bed House/Villa
€147,457 EUR | 
£118,010 GBP | 
US$185,000 USD | 

(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 1018541 
Town Naples 
Region Collier County 
Province Florida 
Country United States  
Type House/Villa
Bathrooms
Bedrooms
Category New Build 
Listed over 6 months ago
Looking at property as an investment? ...   Find out more >>


Map of Naples, Florida, United States


Real Estate Agent Listing this Property

Agent Knight Knox International
Listing Since 14 August 2008
Property Listings View all properties from this agent
Knight Knox International Logo

Towns located close to Naples, United States

  • No other towns listed as being close to this town


Rent Your Holiday Property

Similar Properties in or near Naples




Price: US$185,000
More Information

Contact the Seller

For more information on this house/villa in Naples, Collier County, Florida, United States please fill out the short form below (* Required)

First Name * 
Surname *
Email *
Tel No. *
Country *
Comments
 
Top Ten Tips GuideFREE!   Top 10 Tips for buying property when you request more information

Currency in United States

Currency & Foreign Exchange services supplied by

Find out how
Excel Currencies could save you thousands
on your property purchase!



Purchase this House/Villa in Naples for

US$311p/m

(60% LTV, 5% Interest Rate, 30 years)

(Subject to status. Information given for guidance purposes only.)

GET A QUOTE NOW


Mortgage Broker?

Sponsor our mortgage quotations for United States.


Secure Exit Strategy





Price of Property in Naples, USA

Property Type Min Price Max Price Median Price
(All prices in EUR) Naples USA Naples USA Naples USA
House/Villa 75,000 240 12,000,000 65,000,000 - 242,990
Townhouse 185,000 23 219,000 6,400,000 - 209,900
Land/Ruins 79,000 15,000 4,000,000 5,200,000 - 85,000
Commercial 105,000 49,000 105,000 7,000,000 - -

* Calculations based on 330 properties for sale in Naples and 5466 properties for sale in USA




Looking to buy property in Naples, Collier County, Florida, United States?

If you are interested in this House - Villa in 4031 Gulf Shore Blvd, N - United States then here some more similar properties:


Estate Agents/Developers

Looking to sell your properties in usa?

  • Begin selling properties today
  • Millions of annual visitors
  • 40,000+ registered house hunters





Total execution time: 0.296875   (DBA Count: 30)

uri: static-detail.asp