Park Shore Naples Florida Update

Real Estate Agent with John R. Wood Properties

Hello Naples Friends!

I've had my nose in the Park Shore beachfront statistics all day and wanted to share my outstanding findings! By the way, this post was provoked by the person who was searching Naples beachfront properties $300,000 and less (since I knew while they found my site, they were not successful in finding anything in Park Shore for that price. So let's start with what's available on the beach in Park Shore Naples Florida:

  • 38 Park Shore beachfront homes and condos are on the market right now which is .01% of the entire Park Shore beachfront inventory.
  • The lowest-priced unit is on the market for $525,000 in Solamar at Park Shore
  • The highest-priced unit is on the market for nearly $14,000,000
  • The least expensive unit with remodeling is $625,000 located in Terraces at Park Shore
  • 12 of 38 have had extensive remodeling
  • 157 Park Shore beachfront units have sold during the past 12 months
  • There are less than 2 months of inventory on the market right now
  • 160 units closed between 12 and 24 months ago
  • Closed price per square foot values increased 6% over the year before
  • On average Park Shore beachfront property buyers paid $33,491 more this past 12 months
  • Average list price 2 years ago was $1,464,528 or $523/foot
  • Average list price during the last 12 months was $1,461,557 or $544/foot
  • Average list price for current inventory $2,508,963 (not a typo)
  • Average list price for current inventory is $2,508,693 or $606/foot

Le Ciel Park Tower experienced not just the highest priced unit to sell in its whole history but the second-highest as well.  604 sold for $2,900,000 in June and PH201 sold for $2,800,000 3rd place sold for $2,565,000 in 2013.

Of the 38 active Park Shore beachfront listings, there are 10 units that have been on the market for 90 days or less.  That's great news! We need more. Unfortunately, there are 16 units that have been on the market for well over a year. Granted so have recognized price corrections down but you would marvel over the idea of how many have increased their price over the duration of the listings....but that's Naples.

Posted by

Serving my purpose through content-rich information about Naples, Florida real estate!

Best Regards!

Naples Real Estate

Shannon Lefevre, PA
Your Naples Smart Girl!

“The opinions expressed herein are those of the author and do not necessarily represent the views of John R. Wood Realtors.”


David Saks
Memphis, TN
Broker / Industry Analyst

Another fine post and great information for all. Hope you have a terrific day ahead.

Aug 26, 2014 02:46 AM
Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA

Thank you so much for the in depth market report!

This is really great information for buyers and sellers alike!

Best wishes for a productive week!

Aug 26, 2014 12:42 PM