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What's Going On in Royal Harbor?

by Index Investing News
July 26, 2023
in Property
Reading Time: 3 mins read
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Home Property
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“Opportunity is missed by most people because it is dressed in overalls and looks like work.” Thomas A. Edison

You would be hard-pressed in convincing me that owning a home on the water isn’t on the wishlist of just about every person on the planet. Sure, living on a lake or river is nice, but what about being able to walk to your personal boat dock, located just a few steps from your bedroom, to fire up that beautiful boat you just bought and power out to the majestic Gulf of Mexico, with no bridges hindering you?

Ladies and Gents, the opportunity has come for you to own a piece of waterfront property right in the heart of one of the most coveted neighborhoods in Southwest Florida. Sure, 1660 Sandpiper St took on some water from Hurricane Ian in September of 2022, as did most waterfront properties in Southwest Florida, but remodeling quickly commenced. A full polish of the Terrazzo floors, newly installed AC, new pool pump and pool heater in 2022, new 11-guage metal roof in 2019 and new hurricane rated windows in 2016 has this west facing lot almost to the finish line. These diligent and loving sellers have obtained a quote from high-end veteran Naples contractor, Made in Rio, Inc, who have been building and renovating in Southwest Florida for 25 years. They are so good, our very own Broker of Record at Bayfront Realty used them to put his home back together and can’t stop talking about them. Contact me for the quote.

But let’s just say that you want to start fresh and build your own home on this .26 acre parcel. You might be able to put up to a 5000 sqft home on that parcel! I know because a friend of mine had local architectural extraordinaires, MHK, draw up a potential 6000sqft replacement home for his .31 acre lot in October 2022. The .05 difference is about 2000 square feet, so these are approximate numbers.

You may be thinking, “Geez Josh, at $2,650,000 for the land and another $1.5M to build my dream home, I would be the home expensive home on Sandpiper. That’s a busy street!” In addition to pointing out the $10M home across the canal from this home and the $4.25M home that sold on Sandpiper St last September, I would say to you to take a look around at all of the homes and condos in Naples that are selling for way over the amount one would every think they could. While Homes on Kingfish were selling for under $700,000 back in 2009, a Kingfish home just sold for over $15,000,000 in April 2022. Many will search, and fail to find a parcel on Sandpiper for under $3,000,000 soon. Now is your chance. Look at these other double-head turner’s around town:

Condos at Quattro – Naples Square (Goodlette-Frank & US 41) – Up to $4.5M with no personal dock/Gulf Access, with a view of a hotel or other building at Naples Square.

Tides at Bayfront (Goodlette-Frank & US 41) – $2M – $5M with no personal dock/Gulf Access, on the busiest corner in all of Napes (Naples Daily News).

Condos at Metropolitan Aura – Starting at $2.4M with no personal dock/Gulf Access. This community is really cool though. Located at Davis & US41

1520 Sandpiper St – Sold for $4,250,000 September 2022 being over 20 years old and around $450/sf to duplicate. It’s nice, but not that nice.

I recently had a seller tell me she wants $900K for her little shack right across from the Post Office. She will get it! There is a package listing on Gordon Dr right now for approximately $290,000,000. Trust me, $2.65M for 1660 Sandpiper is pretty darn fair, folks.

To see this home in person, give me a call or have your real estate professional reach out to me!

Josh Amolsch

Premiere Plus Realty, Co. | Realtor®

#SL3522310 | 1100 5th Ave S #101B, Naples, FL 34102

239.302.8475 | [email protected] | joshamolsch.com

Cover photo credit – Unknown



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