Snowbirds and travelers have flocked to Florida for decades to escape the cold and dreary Northern weather and soak up the sunshine by the beach. So, it's no surprise that Florida is one of the most popular destination spots in the United States, with unbeatable weather and endless fun water activities that are abundant for adventure-seekers.
As the economic and social climate evolves, studies are starting to show that people are not only looking to Florida as a vacation destination but as a place to move permanently. There has been one specific Southwest Florida city that could surpass locations like Miami, Orlando and Fort Lauderdale as the best luxury coastal destination in the United States.
Formerly a hidden gem, Naples has recently been a popular destination for tourists or second-home buyers. It was also considered one of the best locations to retire in the United States, although the population has recently begun to trend much younger, with average residents in their 40s. With over 700 restaurants, unlimited shopping options, and year-round water sports activities at your fingertips, you can spend your days chasing adventure or peacefully drinking in the magnificent views and natural environment. In addition, Naples is home to picturesque white sandy beaches, numerous championship golf courses, and fun family activities.
With remote and flexible work becoming a more prominent way to increase productivity, many people have been considering where they want to spend their day-to-day lives and where they invest their money. With beautiful weather, affordable housing and a more relaxed pace, Naples is naturally desirable for those who put their mental health and lifestyle at the forefront of their home-buying decisions.
While Naples is still a wonderful place to retire, many people no longer wish to wait until retirement age to settle on this paradise coast. Since Naples is a less densely populated city, people are trading long commutes in bumper-to-bumper traffic for ocean views, and good reason!
With plenty of new inventory hitting the market, buyers have a plethora of choices if they are looking to make the move to Naples or looking to invest in a second property. In July 2022, the average sale price in Naples was $940,277, so buyers can take advantage of luxury living without the price tag you may find in other populous cities. Not only that but Naples is proven to be a great place to invest your hard-earned money. Sellers in Naples are still seeing gains in their home value year-over-year, even as the housing market has shown signs of cooling and is trending toward a more balanced market.
Fort Myers is one of America's fastest-growing cities, and this idyllic vacation destination is less than an hour North of Naples. If you have a particular love of palm trees, you will love McGregor Boulevard, which is lined with magnificent palm trees, giving the city its nickname "City of Palms."
Just a stone's throw from Fort Myers, you will find this charming Gulf Coast community with endless outdoor adventure. This community is a water-lovers dream, home to many family-friendly amenities, including Sun Splash Family Waterpark, one of the largest waterparks in Southwest Florida. In addition, you can reconnect with nature at one of its many natural parks.
If you want the best of Naples and Fort Myers, don't pass over the vibrant village of Estero, located right in the middle of these two cities. With plenty of opportunities to relax, play and enjoy time with family, Estero is a very affordable option for buyers. It is very quickly becoming a bountiful opportunity for investors, who are seeing gains in their property value year-over-year.
Does living near hundreds of miles of water frontage and 6 miles of pristine beaches sound like a dream? Look no further than Marco Island, a city that has put tremendous effort into enhancing the residential experience. With hundreds of new homes built annually, this is an excellent opportunity for investors.
Bonita Springs is the perfect village to invest in your next vacation home or make the move if you are looking for a cheerful coastal community located close to the Gulf of Mexico. With endless parks to explore, you will never run out of adventure! The best part is that Bonita Springs is an affordable and profitable market to purchase a home, with sellers seeing gains in value at an affordable price point.
If you are ready to trade in your long commutes for sandy beachy, polluted air for ocean breezes, now is the best time to invest in Southwest Florida!
Winter is just around the corner, and it isn't too late to purchase your luxury vacation home, investment property or primary residence.
Faris Team knows the Southwest market inside and out, and we will help you find exactly what you are looking for. Our Professional, Loving, Local Realtors go full out® for our clients to provide the Best Real Estate Experience Guaranteed. We have Realtors local to Canada and Florida who can help snowbirds through the entire process, making it stress-free from start to finish.
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