Although the US economy is starting to show some cracks, real estate prices in Southwest Florida has not slowed down. Someone in my neighborhood in Estero just sold his house for 80% more than he bought it for back in 2019. Not a bad return, but where are you going to go next? All of Southwest Florida is affected by skyrocketing home prices. When it comes to SWFL real estate, Even Lehigh Acres, which 20 years ago was mostly sandy roads, is booming. Naples, which was generally more expensive than Fort Myers to begin with, is no exception.
A house, located at 1485 Anhinga Pointe in Naples sold for $7,250,000 last month. It's not on the gulf, it's on a golf course. Here's how it's described by the realtor, Laurel McGarel.
"The first floor includes a glorious owners wing with French doors to the outside along with a his and hers bathroom. Also, on the first floor you will find an additional guest suite along with an all important elevator, fully remodeled chef dream kitchen adorned with one of the best butler’s pantries I have ever seen, and a massive bright and welcoming family room.
The second floor has natural light pouring in every room.
As you come up the stairs you are met with a fabulous game room with a wet bar and huge balcony for additional outdoor living that over looks the pool, lake and golf course. Here you will also find a second laundry room and 3 more additional bedrooms, each with their own ensuite.
If you enjoy outdoor living – this house was designed with you in mind. With several ways to the stunning outdoor living, you will find a large pool, spa, several seating areas, outdoor kitchen and bathroom. One of the best features of this outdoor space are the remote controlled screens and shutters. Conveniences with the touch of a button."
The SWFL real estate market has not slowed down.
Here's what 7.25 million gets you in Naples.