Real Estate News and Housing Market Trends for Southwest Florida

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

March 28, 2025

Naples Area real estate Market Update

Naples Florida Real Estate Market Report

 

 

This video highlights the Naples real estate market activity as reported in the JANUARY 2025 Market Report. #nabor #naplesareaboardofrealtors #realestate #marketreport

 

March 28, 2025

Real estate Market Update Feb 2025

Real Estate Market Update 

“Two years ago we were complaining about having only 2,800 homes in inventory,” said Mike Hughes, Vice President and General Manager for Downing-Frye Realty, Inc. “February’s inventory was far from the 12,000 properties we had in inventory during March 2007, but that’s a good thing because the circumstances are very different today.”

 

The lax lending standards that ultimately led to a high number of foreclosures and short sales in 2007 is not occurring in 2025. Hughes and other brokers reviewing the February Market Report say today’s seller is better positioned than a seller in 2007 because most have built substantial home equity.

 

“If you bought a home before the pandemic, you’re in a very good position if you decide to sell today,” said Adam Vellano, Managing Director of South and Southwest Florida at Compass Florida.

 

Diving into the Data

 

“Deceleration was an eventuality,” said Budge Huskey, CEO, Premier Sotheby’s International Realty, “The report shows evidence that our market is self-correcting. Prices are not appreciating at an alarming rate anymore, and sales in 2025 have slowed slightly for a number of reasons like recent economic disruptions and a general lack of buyer urgency.”

 

Broker analysts recommend working with a REALTOR® who understands the Naples market because market conditions vary widely based on home location and home type. For example, the February report shows the overall median closed price for properties in Naples increased 4 percent, but the median closed price for single-family homes in Central Naples [34104, 34105, 34116] decreased 28.7 percent. Conversely, the median closed price of single-family homes in the Naples Beach area (34102, 34103, 34108) increased 82.2 percent. Though this increase was more likely due to the sale of a few very high priced properties that created statistical disparity than actual organic price expansion. Similarly, the median closed price of condominiums decreased .4 percent in February; but in Ave Maria, the median closed price of condominiums increased 13.4 percent.

 

According to Cindy Carroll of Carroll & Carroll Appraisers & Consultants, LLC, “We are starting to see values declining for homes that were purchased in 2022, especially in markets that are saturated with homes for sale. Selling a home can become especially challenging when the spec home market has produced an oversupply of homes for sale in many popular neighborhoods around Old Naples, Vanderbilt and Lakes Park.”

 

Hughes responded, “Sellers fall into two groups today: those who are inching prices down but not catching up to the market; and those that are making significant cuts to get ahead of the pack.”

 

The NABOR® February 2025 Market Report provides comparisons of single-family home and condominium sales (via the Southwest Florida MLS), price ranges, and geographic segmentation and includes an overall market summary. NABOR® sales statistics are presented in chart format, including these overall (single-family and condominium) findings for 2025:

 

March 28, 2025

Starting A Horse Rescue

Starting a Horse Rescue in Florida

Starting a Florida horse rescue facility.

Everything You Need to Know About Starting a Horse 501c3

What Is 501c3?

Section 501(c)(3) is the portion of the U.S. Internal Revenue Code (IRS) that allows for federal tax exemption of nonprofit organizations, particularly public charities, private foundations, or private operating foundations.

Entities that can seek this determination from the IRS include corporations, trusts, community chests, LLCs, and unincorporated associations. Most 501(c)(3)s are nonprofits.

In order to qualify as a tax-exempt, 501(c)(3) organization, a nonprofit must exist for exclusively charitable purposes that include:

  • Religious
  • Charitable
  • Scientific
  • Testing for public safety
  • Literary
  • Educational
  • Fostering of national or international amateur sports
  • Prevention of cruelty to animals and children

Planning for Your Horse Rescue

Business Plan

Along with planning the practical aspects of the facility itself, nonprofits should develop a basic business organizational structure and operational plan. A basic business entity, such as a sole proprietorship or limited partnership, should be chosen. The decision should depend on factors like the size and scope of the operation, capital funding, and the long-term goals of the business.

Facility Design

The type and scope of the facility for a horse rescue depends on the size and location of the property, the weather conditions in the area, the number of horses it will house, and the activities.

Overall, there are principles related to the design and construction of the horse facilities that are similar, no matter where the facility is located. Pasture fencing should be strong and able to weather the abuse from horses over time.

The number of stalls will depend on the number of horses you intend to keep. Most light breeds will be fine in a 12-foot x 12-foot stall, but draft horses may need more space. All barns, stalls, and enclosures should offer good visibility to ensure horses and handlers are safe.

Finally, stalls should be inspected for loose boards, protruding nails, and other flaws that can lead to injury. Remember, some rescue horses arrive suffering from medical conditions that require stall rest, which increases the likelihood that the horse can become injured.

Expenses

When you’re formulating your business plan, some expenses are going to seem obvious. Still, many business owners underestimate expenses – or forget some of them entirely.

The general expenses you’re looking at for a horse rescue include the cost of the property and structures, such as a stable and pasture or turnout. Also, you know horses are expensive to feed and care for, but those costs can be far more significant with an abused or neglected horse that’s coming to the rescue with severe problems.

Aside from the direct costs of the horses’ care, you should also consider business expenses like insurance, lawyers, office or software supplies, employee salary, and more. It’s better to slightly overestimate your expenses than underestimate them, which can leave you in a bind with your cash flow.

Emergency Evacuation Plan

Natural and manmade disasters can strike at any time. From wildfires to earthquakes to hurricanes, any of these situations may make it necessary to evacuate horses from the facility. Moving animals of this size and complexity is no small feat, especially if you have a large group.

All horse facilities, nonprofit or otherwise, should have a written evacuation protocol in the event of a disaster. You should create a list of volunteers that can be called if a disaster happens, and all disaster procedures should be reviewed and practiced in regular training sessions to ensure that everyone knows the drill if the worst happens.

The plan should include local facilities that can provide temporary housing, transportation, driving routes to the locations, and a contingency plan if a disaster takes out the primary routes to these locations.

The facility should also have a first-aid kit with adequate supplies for the number of horses the facility can house. Consider supplies like feed tubs, water buckets, shovels, pitchforks, and grooming supplies.

Attending Veterinarian

Rescue horses often come with health problems from life in an abusive or negligent environment. Any new arrivals should be screened by an attending vet to rule out illnesses or injuries. The attending vet should be chosen in advance and should be made aware of the protocol for the horses under the facility’s care.

Quarantine Procedures

Unless the horse comes with current vet records that confirm its safety, all horses should be quarantined for at least two weeks before they’re kept within close quarters with other horses. It’s important to have space and a plan to handle quarantines for new arrivals or horses that develop health problems.

Fundraising

Fundraising, grants, and donations are a big part of running a nonprofit. Rescues often host small events, such as online auctions, fundraising events, and giveaways to collect small amounts of money to help.

Grants are another way to raise funds for a rescue. Along with government grants, organizations like the Equus Foundation, the American Society for the Prevention of Cruelty to Animals (ASPCA), and Blue Horse Charities all offer grants to assist rescues in paying for care and retraining horses to prepare for adoption.

Adopter Evaluation

If you plan to adopt out rescue horses once they’re rehabilitated, it’s important to thoroughly evaluate potential adopters. All adoptions should be accompanied by a legally binding document that prohibits the adopter from selling the horse or placing it with another owner or facility without first contacting you.

Adopter applications should include a variety of information to gauge the horse’s potential new home. Veterinary records to show that other pets and livestock are up to date on vaccinations and veterinary exams and that the prospective owner hasn’t surrendered animals or been brought up on animal cruelty charges. It should also include a questionnaire with questions that are relevant to owning a horse or taking on a rescue horse with possible lifelong problems.

Non-Profit Helps

Filing for a federal 501(c)(3) nonprofit status with the IRS has advantages. With this status, you can raise funds from donors all over the country – and they may even be tax deductible for the donor. It also adds legitimacy to your organization, which may make some feel more comfortable donating.

If you want a 501(c)(3) status, you have to complete IRS documents that include a detailed description of the corporation, its mission, and its strategy. The documents should also include your bylaws, or rules that govern the business, the officers and their responsibilities, the articles of incorporation, and a list of the board of directors.

Florida horse property and land for sale.

Glen Bigness, Equestrian Property and Land sales agent. Since 1986 finding horses homes! 239-272-HOME       horseflorida@gmail.com 

March 27, 2025

Why People are Moving to Florida and the Rise of Southwest Florida

People are Moving to Florida, the Rise of Southwest Florida Popularity

Florida is one of the fastest-growing states in the U.S. Year-round sunshine and beautiful beaches to a booming real estate market and tax benefits, there’s something for everyone in the Sunshine State. But what exactly is driving this population surge, and what makes areas like Fort MyersBonita SpringsEsteroNaplesMarco Island, and Fort Myers Beach so appealing? Impressive population growth the state has seen over the past year and how these iconic communities have become some of the most desirable places to live, especially for those interested in luxury waterfront homes.

SW Florida real estate for sale, Naples, Bonita, Marco Island FL

Florida has experienced explosive population growth. Between July 2023 and July 2024, the state added approximately 467,347 new residents, placing it second in the nation for population growth, just behind Texas. This increase reflects the state’s undeniable appeal, drawing people from all over the country.

Florida’s growth is part of a more significant trend: in the past decade, the state's population increased by 3.52 million people, or 17.72%, reaching a total of 23.37 million in 2024.

As the state grows, so does its infrastructure, with new communities, schools, hospitals, and businesses popping up to accommodate new residents. While this rapid growth has posed some challenges—like rising property prices and urban sprawl—Florida continues to attract new residents with its promise of warm weatheraffordable living, and a high quality of life.

1. Bonita Springs: Coastal Charm and Luxury Living
Bonita Springs, located between Fort Myers and Naples, is a sought-after community for those looking for luxury waterfront living. Known for its gorgeous beaches, including Bonita Beach and Barefoot Beach, it offers plenty of high-end waterfront homes, often nestled along tranquil canals or with direct access to the Gulf. The luxury golf communities and private gated neighborhoods offer both exclusivity and breathtaking views, making it a perfect location for waterfront living.


2. Naples: Upscale Living on the Gulf Coast
Naples is a premier destination for luxury waterfront homes in Florida. The city is renowned for its opulent real estate, and waterfront properties here are spectacular. Whether you're looking for a waterfront estate with direct access to the Gulf of Mexico or a private island home, Naples offers an impressive selection of homes on the Gulf, Bay, and salt water canals with Gulf access. Its world-class shopping, fine dining, vibrant cultural scene, and easy access to pristine beaches make Naples an ideal Florida location for those seeking the ultimate luxury waterfront lifestyle.


3. Marco Island: Exclusive Island Living
Marco Island is known for its exclusive waterfront homes, making it one of the most coveted places for those seeking luxury living in Southwest Florida. With stunning views of the Gulf of Mexico and beautiful beaches, Marco Island provides residents with a peaceful, upscale lifestyle. Many homes here have private boat dockspools, and easy access to waterfront activities such as fishing, kayaking, and boating. The exclusive, laid-back atmosphere makes it a prime choice for those desiring seclusion without sacrificing luxury. Close to the 10,000 Islands for boating and fishing adventures.


4. Fort Myers Beach: Luxury Beachfront Homes
Fort Myers Beach offers a wide range of luxury beachfront properties. Homes here on the Island feature unobstructed ocean viewsprivate pools, and direct access to one of the most beautiful beaches in Southwest Florida. With its lively beach town atmosphere and the serene sound of the waves, Fort Myers Beach is the perfect place to invest in a luxurious beachfront home.

Glen Bigness, Real Estate Consultant 239-272-4663 since 1986 a trusted real estate resource. Premiere Plus Realty

Naples FL real estate for sale, homes, condos and new construction.

March 10, 2025

980 Cape Marco Dr #1205 Marco Island FL 34145

CAPE MARCO CONDO INVENTORY: use the link below

https://portal.onehome.com/en-US/share/1094145i40878

With its exclusive amenities that include Concierge services and Marco Island Yacht and Sailing, as well as its state-of-the-art fitness facility, tennis courts, clubhouse, pool, spa, and Gulf access, you'd be hard-pressed not to fall in love with Cape Marco while on Marco Island.

Monterrey is a high-rise condominium building that overlooks Caxambas Pass and the Gulf of Mexico. Built in 1996, Monterrey is one of the six condominium buildings that make up the gated community of Cape Marco. This development offers four unique floor plans which range in size from 1,820 - 2,451 SF of living space. Condos at Monterrey either have 2 bedrooms, 2 bathrooms, and a den or 3 bedrooms and 3 bathrooms. Every condo has a terrace with a scenic gulf view.

Monterrey At Cape Marco Fast Facts

  • Units: 136
  • Stories: 20
  • Delivered: 1996
  • Setting: Gulf Front
  • Location: Cape Marco Dr opposite S Collier Blvd southern end of Island
  • Address: 980 Cape Marco Drive, Marco Island, Florida 34145

 Cape Marco luxury waterfront towers on Marco Island FL

Monterrey At Cape Marco Amenities

Residents of Monterrey enjoy an outstanding amenities package that includes a pool, sauna, fitness center, tennis courts, social room, clubhouse, library, fishing dock, covered parking, extra storage, direct beach access, and more. Owners of a condo can also have small pets with restrictions*. Monterrey is located on the coast of Caxambas Pass at 980 Cape Marco Drive, opposite S Collier Boulevard. Monterrey shares the Gulf Coast with many outstanding beachside restaurants including the Sunset Grille and Stilts Bar & Grill. Many places to shop are also within walking distance of the condominium.

980 Cape Marco Dr #1206 Marco Island FL 34145 $1,599,000

This stunning three-bedroom, two-bathroom luxury tower residence offers breathtaking Gulf views at the southernmost tip of Marco Island Florida. Take a step inside to discover a fully renovated kitchen for the discerning chef, featuring quartz countertops, high-end Thermador appliances, custom-built cabinetry, and a spacious island. A built-in bar with a wine fridge and beverage coolers makes entertainment effortless while enjoying the stunning, unobstructed Gulf views to enjoy and savor. The open-concept living area is bathed in natural light, with sliding doors in the kitchen and living room framing the picturesque waterfront scenery of the Gulf and Florida sunsets each night.

In the evening here on the island, unwind by the cozy fireplace—an inviting feature that enhances the ambiance of this coastal Marco Island Florida retreat. The spacious primary suite offers privacy from the guest rooms, featuring a grand walk-in closet and a beautifully renovated ensuite bath with luxurious finishes. This is a wonderful Marco Island FL opportunity to own a beautifully updated, move-in-ready condo in one of Southwest Florida’s most sought-after communities, Cape Marco. Residents of Monterrey at Cape Marco enjoy world-class luxury condominium amenities, including a beachfront pool, fitness center, tennis courts, social rooms, and 24-hour gated security. Cape Marco epitomizes premier waterfront living here in SW Florida. The Marco Island airport, yacht, and harbor club are minutes away for your convenience.

 

Glen Bigness, Luxury Property Advisor, Premiere Plus Realty 239-272-HOME

Serving 15 Florida counties, a member 4 large MLS systems, so my real estate clients have the BEST inventory and property updates available. 100’s of custom Realtor search fields to help refine and pinpoint MLS property searches for you. STOP wasting time with 3rd party so-called “real estate” apps!

Feb. 11, 2025

Horse Facility for sale 3641 Loblolly Bay Rd

SOLD-SOLD-SOLD

Glen Bigness, is a recognized leader in the real estate market serving 15 Florida counties. Offering clients 35 years of experience and has a proven track record that clients use to Buy, Sell, Build and Invest in Florida real estate.

Horse property for sale in Florida, home, land and barn.

 3641 Loblolly Bay Rd Labelle FL 33935

Equestrian estate property with land (38+/- acres), guest house, covered riding arena, barns, storage, and covered equipment parking. The main home is a 2-story, 3-bedroom, 1 and ½ bathroom, with stone floors, and granite countertops. The guest house is a 1 bedroom, 1 bath, stilt home, high and dry with a balcony and private entrance. The property operates as a private horse farm and small cow operation, a 2000’ grass runway air strip, small hangar/carport perfect for in-out flights! The farm features engineered metal and concrete barns with utilities, a bathroom, an air-conditioned hay barn, 110- and 220-amp services, multiple water wells on property, septic and lift stations, drainage culverts, fully fenced and cross-fenced for peace of mind, pastures and turn. Barn office, tack room, feed room, 6 horse hot walker, all in place ready to go for your business or breeding-training operation. A 20,000 sq ft 25’ high steel covered riding arena, 2 separate horse barns ready for your horses this year here in Florida.

Breeding, Boarding, Training-Lesson Facility! Bring the horses and winter here in Florida this year.

 

 

Jan. 30, 2025

3641 Loblolly Bay Rd Labelle FL 33935

3641 Loblolly Bay Rd Labelle FL 33935

SOLD-SOLD-SOLD

Glen Bigness, is a recognized leader in the real estate market serving 15 Florida counties. Offering clients 35 years of experience and has a proven track record that clients use to Buy, Sell, Build and Invest in Florida real estate.

Horse property for sale in Florida

Equestrian estate property with land (38+/- acres), guest house, covered riding arena, barns, storage, and covered equipment parking. The main home is a 2-story, 3-bedroom, 1 and ½ bathroom, with stone floors, and granite countertops. The guest house is a 1 bedroom, 1 bath, stilt home, high and dry with a balcony and private entrance. The property operates as a private horse farm and small cow operation, a 2000’ grass runway air strip, small hangar/carport perfect for in-out flights! The farm features engineered metal and concrete barns with utilities, a bathroom, an air-conditioned hay barn, 110- and 220-amp services, multiple water wells on property, septic and lift stations, drainage culverts, fully fenced and cross-fenced for peace of mind, pastures and turn. Barn office, tack room, feed room, 6 horse hot walker, all in place ready to go for your business or breeding-training operation. A 20,000 sq ft 25’ high steel covered riding arena, 2 separate horse barns ready for your horses this year here in Florida.

Breeding, Boarding, Training-Lesson Facility! Bring the horses and winter here in Florida this year.

 

Jan. 9, 2025

Fort Myers Beach waterfront LOT for sale

8030 Estero Blvd Fort Myers Beach FL 33931

Please click on LINK above for MLS information

BUILDING LOT- waterfront. South Fort Myers Beach location offers one of the BEST Gulf and Beach views. This island beach lot is ready for YOUR custom-built luxury beach home. We have proven, award-winning builders, and architects ready to meet with you and make your Florida beach property a reality! Views include the Naples Coastline to the South and Sanibel Island to the North. Perfectly situated on the peaceful south end of Estero Island with easy access to Lovers Key State Park, Bonita Boat Launch, Bonita Beach, and Barefoot Beach Park. Margaritaville Resort is minutes away on the Island, and highway access from I-75 to RSW Airport is very convenient from the location. Let us help make this year the time for you to realize a new waterfront beach home in Florida! Family and friends will marvel at the beach lifestyle here on Fort Myers Beach and you will have a home to enjoy for generations to come to SW Florida.

Driving directions: Estero Blvd, on the Gulf, before the Bridge to Bonita

8030 Estero Blvd Fort Myers Beach FL

 

Glen Bigness, Realtor    239-272-4663        Premiere Plus Realty

Since 1986, I have been a trusted real estate resource for clients.

Buy, Sell, Build, and Invest in Florida real estate.

Dec. 13, 2024

Marco Island waterfront real estate for sale.

Marco Island Florida Real Estate for Sale

Marco Island Florida waterfront real estate for sale.

Marco Island, Florida offers a wide range of luxurious waterfront real estate options. The island is known for its stunning sub-tropic beauty, world-class beaches, and high-quality waterfront properties

 Waterfront real estate on Marco Island includes:

  1. Waterfront homes
  2. Waterfront condos
  3. Beachfront high-rises
  4. Waterfront lots

As of December 2024, there are approximately 500-523 waterfront homes for sale in Marco Island

The median listing price for these properties is around $995,000 to $1.1 million

Types of Waterfront Properties

  • Direct Water Access: Some properties offer rare direct water access, such as tip lots with extensive water frontage and views of the Marco River
  • Canal Waterfront: There are approximately 74 homes for sale that are specifically listed as canal waterfront properties
  • Beachfront: High-rise condos and homes with beach access are available

Features and Amenities

Many Marco Island waterfront properties offer:

  • Boat docks
  • Ocean or river views
  • Swimming pools
  • Proximity to golf courses
  • Gated community options

Market Trends

  • The average time on the market for homes in Marco Island is about 141 days
  • Properties typically receive around 1 offer
  • Popular neighborhoods include Royal Fakapalm and Marco Beach

Marco Island's waterfront real estate market offers a range of options for luxury buyers, from single-family homes to condos, with various water access types and amenities. The combination of beautiful beaches, dining, shopping, and pleasant year-round weather makes Marco Island a highly desirable location for waterfront property ownership

The real estate market in Marco Island, Florida, is characterized by a diverse array of properties and evolving trends. As of December 2024, the median home price is approximately $1,100,000, showing stability compared to last year, with a median price per square foot of $663

Market Overview

  • Current Trends: The market is experiencing a shift towards a buyer's market, indicated by an increase in inventory and a median day on the market of about 137 days

 The monthly supply of Inventory (MSI) is around 7.34, suggesting more options for buyers and potentially lower prices

Sales Activity: In October 2024, there were 62 homes sold, up from 55 the previous year. This reflects a modest increase in market activity despite the overall decline in median sale prices

Property Types

Marco Island offers a variety of real estate options, including:

  • Waterfront Homes: Approximately 80% of properties are located on or near water, providing access to boating and stunning views.
  • Beachfront Condos: These are particularly popular for second-home buyers due to low maintenance and prime locations.
  • Inland Properties: While less common, inland homes are available and offer a range of styles from affordable to luxury

Price Trends

  • The median sale price has seen fluctuations; it was reported at $855,000 in November 2024, down from previous highs earlier in the year

The average sale price has also varied significantly, with high-end transactions pushing averages higher at times

Investment Potential

The Marco Island real estate market remains attractive due to its desirable location, beautiful scenery, and amenities. Buyers are encouraged to take advantage of the increased inventory for better negotiating power. Sellers may need to adopt strategic pricing and marketing approaches to stand out in a competitive landscape

In summary, Marco Island's real estate market continues to offer a range of opportunities for both buyers and sellers amidst changing dynamics and price trends.

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Dec. 13, 2024

Florida Waterfront Real Estate for Sale

Florida waterfront real estate for sale

Florida waterfront real estate for sale on the Gulf of Mexico.

Florida waterfront real estate:

Florida's waterfront real estate market is diverse and vibrant, offering a wide range of properties from luxurious estates to affordable homes. As of late 2024, there are approximately 50,134 waterfront homes available for sale across the state, catering to various budgets and preferences.

Market Overview

  • Price Range: Waterfront homes in Florida can vary significantly in price. For instance, listings range from around $350,000 in areas like Tampa to over $21 million for high-end properties in exclusive locations.
  • Median Prices: The median sale price for waterfront homes is around $1,750,000, with many properties selling for approximately 94% of their list price on average

Popular Locations

  1. Fort Lauderdale: Known for its extensive canal system and luxury waterfront properties, Fort Lauderdale remains a hotspot for buyers.
  2. Miami: Offers a mix of high-rise condos and single-family homes with stunning ocean views.
  3. Sarasota and Tampa Bay Area: These regions feature a variety of waterfront options, appealing to both retirees and families.
  4. Naples and Marco Island: Renowned for upscale living and beautiful beaches, these areas are popular among affluent buyers.

Trends and Insights

Inventory Growth: The market is experiencing an increase in inventory levels, indicating a potential shift towards a buyer's market. This has led to more negotiating power for buyers as sellers adjust their expectations

Sales Activity: Recent data shows that closed sales of existing single-family homes have increased by about 5.2% year over year, reflecting ongoing demand despite changing market conditions

Price Adjustments: While some areas have seen median prices stabilize or decrease slightly due to increased inventory, others continue to appreciate due to high demand

Types of Waterfront Properties

  • Single-Family Homes: These make up most of the market and often feature direct access to water.
  • Condos: Many waterfront condos offer amenities such as pools and fitness centers, appealing to those looking for low-maintenance living.
  • Luxury Estates: High-end properties with expansive views and private docks are prevalent in affluent areas like Palm Beach and Naples.

In summary, Florida's waterfront real estate market offers a wide array of options for buyers at different price points, with significant activity noted across various regions. The current trends suggest a dynamic market where buyers can find favorable deals amidst increasing inventory levels.

 

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