$329,000 - 1208 Royal Palm Dr., Naples, FL 34103

 FOR IMMEDIATE RELEASE                                                        Contact: Blair White

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Some properties in the Naples Heights neighborhood are undergoing cosmetic changes or being torn down to build newly constructed homes. For instance, This property (Figure 1), also located in Naples Heights, has just been listed for $329,000; buyers interested in this property may choose to live in the charming home built in 1958 or tear it down to build a house that is current with the latest luxury home building trends.

As with many older homes, the value of the property is in the land, not the house itself.  As a result, builders are also renovating and building countless homes in areas like Naples Heights, which is very near Old Naples, one of South Florida’s (SWFL) most prestigious neighborhoods. Newer constructed homes in this area are listed as high as $1.2 million! However, the newer homes in Naples Heights are still at a price point much lower than similar homes in Old Naples. For example, a home built in 1963 in Old Naples is listed at $1.27 million, a lot the same size as 1208 Royal Palm Drive is listed at $1.2 million, and newly constructed homes are priced as high as $10.6 million.

Like many homes in Old Naples, Naples Heights properties also have an old town feel. Both neighborhoods are biking distance to the pristine, white sandy beaches of Naples. Old Naples and Naples Heights are close to a plethora of upscale shopping and fine dining in downtown Naples and Coastland Mall. Old Naples and Naples Heights are very near the tropical splendor and abundance of wildlife at the Naples Zoo and Southwest Florida Conservancy.

Naples Heights residents also live in one of the most sought-after school zones – Lake Park Elementary, Gulfview Middle School, and Naples High School. All in all, property owners in Naples Heights are enjoying the same luxurious lifestyle that Old Naples has to offer, but at a fraction of the price.

For more information, call Blair White, REALTOR? at --------- (239) 270-8614 or visit www.BlairWhiteProperties.com.