Explore the Charm of Tern DR 1363: A Step Up Listing in Naples, FL | MLS #225068161 | Zillow Feature

Naples Condo Listed for $250,000 Offers Attractive Features

Naples, Florida – A two-bedroom, two-bathroom condominium has entered the market with an asking price of $250,000. This property, located at 394- #3 Tern DR 1363 (#3), presents a notable opportunity for potential homebuyers seeking a residence in this highly sought-after coastal city.

The condo spans 1,204 square feet and was originally constructed, offering a blend of established construction and modern living. This listing comes as the Naples housing market continues to experience fluctuations, making it a significant point of interest for both investors and individuals planning to relocate.

Property Details and Neighborhood Appeal

The property boasts two bedrooms and two full bathrooms,catering to small families or individuals desiring additional space.According to Zillow, the listing includes 14 photographs showcasing the condo’s features and layout.The location within Naples is considered desirable, offering proximity to various amenities and attractions.

Naples is renowned for its upscale lifestyle, stunning beaches, and numerous golf courses. The city’s appeal extends to a thriving arts and culture scene, as well as a diverse culinary landscape. Recent data from the Naples Area Board of Realtors indicates that the median home price in Naples remains competitive, although inventory levels have been gradually increasing throughout 2024. learn more about the Naples area.

Key Property Facts

Feature	Detail
Location	394 – #3 Tern DR 1363 (#3), Naples, FL 34112
Price	$250,000
Square Footage	1,204 sq ft
Bedrooms	2
Bathrooms	2

Did You Know? Naples consistently ranks among the wealthiest cities in the United States, attracting a demographic of affluent residents and seasonal visitors.

pro Tip: When considering a purchase in Naples, it is advisable to consult with a local real estate agent who can provide insights into specific neighborhoods and market trends.

The current market conditions suggest a potential window of opportunity for buyers in Naples. While prices remain elevated compared to the national average, the increasing inventory provides more choices and perhaps greater negotiating power.this specific condo listing presents a compelling option for those seeking a well-maintained property in a prime location.

Are you considering investing in the Naples real estate market? What factors are most important to you when choosing a new home?

Understanding the Naples Real Estate Market

The Naples real estate landscape is characterized by its resilience and consistent demand. Factors such as limited inventory,strong economic growth and its desirable climate have contributed to its sustained appeal. Though,the market is not immune to broader economic forces,and shifts in interest rates and national housing trends can impact local conditions.

Over the past decade, Naples has experienced significant population growth, driven by retirees and individuals seeking a high quality of life. This influx of residents has fueled demand for housing, particularly among those seeking waterfront properties and luxury accommodations. Looking ahead, experts anticipate that the Naples real estate market will continue to evolve, with a focus on sustainable advancement and preserving the city’s unique character.

Frequently Asked Questions about Naples Real Estate

• What is the average price of a condo in Naples? The average price varies considerably based on location, size, and amenities, but generally ranges from $400,000 to over $1 million.
• Is now a good time to buy a condo in Naples? Market conditions are dynamic, but with increasing inventory, it could be a favorable time for buyers to explore opportunities.
• What are the property taxes like in Naples, Florida? Property taxes in florida are generally around 1.8% of the assessed property value.
• What are some popular neighborhoods in Naples? Popular neighborhoods include Pelican Bay, vanderbilt Beach, and Old Naples.
• What is the cost of living in Naples compared to the national average? The cost of living in Naples is higher than the national average, primarily due to housing costs.

Share this article and let us know your thoughts in the comments below!

How do “Step Up” listings in Naples, FL typically differentiate themselves from other properties on the market?

understanding the Appeal of Naples, Florida Real Estate

Naples, Florida, consistently ranks among the most desirable places to live in the United States. Known for its pristine beaches,upscale shopping,world-class dining,and vibrant arts scene,the city attracts a diverse range of homeowners – from retirees seeking a relaxed lifestyle to families desiring excellent schools and recreational opportunities. The Naples real estate market is competitive, making properties like tern DR 1363, MLS #225068161, especially noteworthy.This “Step Up” listing, featured on Zillow, presents a unique prospect within this sought-after community. Understanding the broader Naples market is crucial when evaluating a property like this. Key areas include:

Beachfront Properties: Highly coveted and commanding premium prices.

golf Course communities: Naples boasts numerous championship golf courses, driving demand for homes within these communities.

Waterfront Estates: Offering direct access to the Gulf of Mexico or inland waterways.

luxury Condominiums: Providing maintenance-free living with upscale amenities.

Diving Deep into Tern DR 1363: property Highlights

Tern DR 1363,as listed on Zillow (MLS #225068161),represents a compelling option for prospective homebuyers in Naples. While specific details fluctuate, “Step Up” listings often indicate properties offering a significant value proposition – potentially newer construction, recent renovations, or desirable features at a competitive price point. Here’s a breakdown of what typically makes these listings stand out:

Location: The address itself (Tern DR) suggests a location within a well-planned Naples neighborhood, likely offering convenient access to local amenities.

Property Type: Determining whether it’s a single-family home,condo,or townhouse is essential. This impacts HOA fees, maintenance responsibilities, and overall lifestyle.

Square footage & Bedrooms/Bathrooms: These core metrics define the size and functionality of the home,catering to different family needs.

Lot Size: Vital for those desiring privacy, outdoor space, or potential for expansion.

Key Features: Look for details like updated kitchens, modern bathrooms, screened lanais (patios), private pools, and impact-resistant windows.

The “Step Up” Advantage: What Dose it Mean for Buyers?

The designation “Step Up” suggests this Naples property offers more than meets the eye. It frequently enough translates to:

1. Recent Upgrades: Sellers may have invested in renovations, enhancing the property’s appeal and reducing immediate maintenance costs for the buyer.
2. Competitive Pricing: “Step up” listings are frequently priced strategically to attract quick offers in a competitive market.
3. Move-In Ready Condition: Often, these properties are presented in pristine condition, minimizing the need for immediate repairs or improvements.
4. Enhanced Value: the combination of upgrades and pricing can represent a significant value compared to similar properties.

Navigating the Naples Real Estate Market: Tips for Buyers

Successfully purchasing a property in Naples requires a strategic approach. Here are some practical tips:

Work with a Local Realtor: A Naples-based real estate agent possesses invaluable market knowledge and can guide you through the entire process.Look for agents specializing in the specific neighborhoods you’re interested in.

Get Pre-Approved for a mortgage: Demonstrating financial readiness strengthens your offer and streamlines the closing process.

Understand HOA Fees & Restrictions: Especially important for condos and properties within gated communities.

Schedule a Thorough Home Inspection: Identify any potential issues before finalizing the purchase.

Consider Flood Insurance: Naples is susceptible to flooding, so understanding flood zones and insurance requirements is crucial.

Research Property Taxes: Florida property taxes can vary, so factor this into your budget.

Zillow as a Resource: Leveraging Online Tools

Zillow (and similar platforms like Realtor.com) are powerful tools for researching Naples real estate. Utilize these features:

MLS Integration: Zillow pulls data directly from the Multiple Listing Service (MLS), providing up-to-date data on available properties.

Virtual Tours: Many listings offer virtual tours, allowing you to explore the property remotely.

Neighborhood Information: Zillow provides data on schools, demographics, and local amenities.

price History: Track price changes to gauge market trends and potential negotiation opportunities.

Zestimate: While not always precise, the zestimate can provide a general idea of a property’s market value.

Beyond the Property: Exploring the Tern DR Area

The specific location of Tern DR within Naples will dictate the surrounding amenities and lifestyle. Researching the immediate neighborhood is vital. Consider:

Proximity to Beaches: Naples is renowned for its beaches.

Shopping & dining: Access to upscale shopping centers (Waterside Shops, Mercato) and diverse dining options.

* Parks & Recreation: Naples offers numerous parks, nature preserves, and recreational facilities.