How much is a floor worth in a high-rise (8 or more floors) building on the Gulf of Mexico? It is hard to figure out when researching condos in Terraces at Park Shore Naples, Florida, especially considering the view angle. This is a 19 story building with most of the residential floors having 8 units per floor. including the penthouses. All the units have 2 bedrooms and 2 baths plus an under building parking space.
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Terraces is located on the north end of Gulf Shore Boulevard North in Park Shore. It is directly on the Gulf of Mexico, with The Meridian and Le Parc to the north, The Enclave and Vistas to the south, and only a few blocks to the exciting shopping and fabulous dining to be experienced at The Village on Venetian Bay. Available amenities include 24 hour front desk security, “wonderful beachfront pool and spa,” fitness center, social room, barbecue grills, 3 guest suites and access to the “private 1 ¼ mile lighted Park Shore Beach Promenade.”
Presently there are 8 condos in Terraces at Park Shore Naples, Florida on the market. Two of them are on the 5th floor being offered turnkey furnished, one with 1,834 square feet of living area, the other with 1,753, yet they are listed for $649,000 (the lowest asking price) and $799,000 respectively, with neither one having direct Gulf of Mexico views.
The 17th floor also has two condos in Terraces at Park Shore Naples, Florida that are on the market, both being sold furnished. One has 1,834 square feet under air with an asking price of $789,000, (the identical unit on the 15th floor is listed for $799,999) while the other has only 1,625 square feet but is listed for $999,999. The difference comes with the prominent view, as the former overlooks Venetian Bay (super) while the later has the Gulf of Mexico (spectacular).
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