September 2022 | One Naples Luxury Development Vanderbilt Beach Spotlight
ONE NAPLES LUXURY HIGH-RISE DEVELOPMENT AT VANDERBILT BEACH
September 2022 Newsletter
Summer’s officially over as the kids have all gone back to school and most vacationers are back from their summer travels. We are finally creeping up on season which means cooler weather, more visitors and events! One of the first big events of the season is coming up next month…The Paradise Coast Wine & Food Experience presented by USA TODAY takes place 10/15 from 1 to 4pm in Cambier Park (Old Naples), get tickets here if interested. By the way, Florida’s Paradise Coast website is a great resource if you are looking to start planning your calendar for this coming fall/winter. This month’s newsletter features One Naples, an impressive new development located at Vanderbilt Beach just north of the well-established Ritz-Carlton Beach Resort – details and exciting updates are below.
Top Local Real Estate News:
🥇 Travel & Leisure named Naples as one of the best places to move in the US. With more people working remotely than ever, Naples has quickly become the primary home of many urbanites relocating from cities such as Chicago and New York City. In fact, it now holds the title of the safest place to live, according to a recent U.S. News survey, and is one of the fastest-growing cities in the country, attracting not just retirees but also younger couples and families. (more info)
🏨 Site work began for The Perry Hotel Naples, a seven-story hotel targeted to open in the first quarter of 2024 next to The Bay House restaurant in North Naples. The hotel will offer 160 rooms with world–class amenities, including distinctive food and beverage venues, ground–level and rooftop pools and a seventh-floor open–air rooftop bar, 75-seat restaurant with unmatched panoramic Gulf of Mexico views and an eight–slip marina for water-sports and excursions. (more info)
💰 Lee Health sold 45.6 acres fronting U.S. 41 and Coconut Road in Estero for $32 million, just across the street from the Coconut Point shopping center. The land will have to be rezoned for mixed-use planned development to create a “town center destination.” The developer hopes to break ground within two years and plans to make it a luxury, market-rate apartment complex with surrounding retail and restaurants. (more info)
🛩 Southwest Florida International Airport (RSW) is expanding its terminal to improve on airport efficiency and provide passengers with more amenities and options. The $331-million project is being funded without using property taxes for airport operation or construction. The project started in October 2021 and is expected to take three years. (more info)
📊 The Naples market activity picked up in August with increases in pending sales, average sales price and average sales price per square foot. The number of price reductions appears to have peaked in May/June and has now decreased for 2 consecutive months but is still higher than peaks seen in past years. Inventory is still constrained with only 2.2 months of supply available and we had 842 new listings come on the market in August, the 2nd lowest # in the last 3 years (only April 2020 was lower). For a couple months this past spring, properties were selling on average 1% over asking, now there is more negotiating going on with the average sale in August closing at 3.6% below last asking.
New Development | ONE NAPLES
One Naples is a resort-style boutique community of just 128 luxury condominiums coming soon to Naples at Vanderbilt Beach by Stock Residences, a luxury home builder for over 20 years. There are 5 buildings total with 2 on the bay (with a 22 slip marina) and 2 towers facing the beach. One Naples offers luxury residences, penthouses and grand penthouses and features an incomparable setting with captivating gulf and bay views, luxurious amenities, a marina, and an exemplary caliber of concierge services. Residents will enjoy boating from a multi-slip marina on Vanderbilt Lagoon, luxurious pools and cabanas, fire pits, bike paths, walkways, lush landscaping, expansive open green spaces, and quick access to Vanderbilt Beach. Expected completion is summer 2025.
September Update: After a time period of accepting non-binding reservations this past spring, I’m excited to share with you that Stock Development will begin going to contract on units at One Naples starting in October. Also there are a few key changes to the project:
One Naples will be partnering with a well-known luxury brand! Details will be announced in October.
A private restaurant for residents with indoor and outdoor dining is now planned for the community and will be located on the towers amenity level, adjacent to the main pool.
There will be a rooftop terrace on the top level of the Towers for the exclusive use of the Tower Residence owners.
Bay Residence owners will be able to use the amenities within the Towers in addition to having their own rooftop pools and exercise area.
Bay Residences – Starting around $2.5M
Two mid-rise buildings with five floors over one floor of parking
Each residence is three bedrooms and three and one-half baths
Over 3,000 SF with terraces over 400 SF featuring beautiful water and marina views
Luxury building amenities
Exclusive rooftop pool, sundeck, and fitness center
Tower Residences – Starting in the mid-to-high $4Ms
Two majestic 12 story towers
Three, four, and five-bedroom residences with en-suite baths
Residences from over 4,000 SF to over 4,900 SF with terraces from over 600 SF
Penthouses from over 5,600 SF with terraces from over 700 SF
Grand Penthouses from over 8,800 SF with terraces from over 1,300 SF
Private owners’ lobby and dedicated security and concierge
Grand winding staircases leading to exclusive owner amenities
Clubroom with a library, card room, bar, fireplace, piano, and lounging areas.
Game room, catering kitchen, private movie theater, and golf simulator
State of the art fitness center, spa with steam, sauna, and treatment rooms
Architecturally landscaped pool deck with lap pool, resort-style pool, chaise seating, cabanas, grilling station, and stunning views
Access to guest suites for visiting family and friends
Contact Matt for more information at 239.580.8864.
Including previous months published market reports for Naples, Bonita/Estero and Marco Island.
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If you are outside of Southwest Florida and wish Matt’s twin was local in your market, please continue to reach out to Matt Brown Real Estate. Matt has a vast network of other trusted professionals nationwide from his two decades in the business as well as through Christie’s International Real Estate, Leading Real Estate Companies of the World, Who’s Who in Luxury Real Estate and Luxury Portfolio International of which he is affiliated.
If you’re looking for a luxury home Naples, Florida, Matt Brown has the luxury market experience you desire, the in-depth market data knowledge you appreciate, the connections to aid in smooth transactions and the relationships to help find your next luxury home, even before they hit the market. Contact Matt today for advice on the Real estates of Naples. He can be reached at 239-580-8864 or email@example.com.
MATT BROWN REAL ESTATE AGENT
SWFL & Naples Real Estate Agent
If we haven’t connected yet, please reach out. I have built a 19+ year real estate career on integrity, honesty, knowledge and highly ethical practices, which has helped me close over $550 million in real estate sales and skillfully negotiate over 100 multiple-bid situations. I work with buyers and sellers along the Gulf Coast in Naples and Southwest Florida.
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Established in 1974. $9 billion in annual sales. William Raveis Real Estate is the No. 1 family-owned real estate company in the Northeast and Florida and the No. 8 real estate company in the country, according to REAL Trends. As leaders in marketing luxury properties, locally and globally, William Raveis assures customers receive world-class marketing and technology services as well as the additional benefit of direct access to 127 offices and over 4,000 sales associates in the Northeast, where a significantly growing number of buyers are coming from. Recognized as the Top Luxury Brokerage in the United States by Leading Real Estate Companies of the World. 130,000 sales associates • 565 premier real estate firms • Over 65 countries • 1 winner.