Naples Meridian Contributes to Property Inventory in Royal Harbor; The Premier Waterfront Neighborhood

List Price : $ 1, 295,000

List Price : $ 1, 295,000

The beauty of Royal Harbor lies in its unique positioning as a waterfront community that offers boating enthusiasts direct Gulf access via Naples Bay and is in close proximity to vibrant dining and shopping options of Olde Naples.

Royal Harbor is an established neighborhood that dates back to the 1960’s where many older homes have been replaced by large sprawling estates. Water frontage and the positioning of the property within a given street in Royal Harbor is key.  Navigating a tight canal is less than ideal for the avid boater who expects to enjoy the open waters often.   Buyers hunting for waterfront properties should take note of several factors including; the quality of construction of the existing residence, flood plain elevation, seawall and dock construction and the variances in water depths for any given canal.

The current real estate market in Royal Harbor is divided between tear down options, renovated or custom built residences.

Royal Harbor Single Family Market Snapshot at time of press;

20 Available Listings

Lowest Priced Property:  4 Beds/ 3 Baths, 3100 sq. ft.:  $ 999,000 (tear down)

Highest Priced Property: 4 Beds/4 Baths 5497 sq. ft.: $ 4.8M (new construction)

Average Priced Listing:  $ 2.272M

38 Sold Listings (September 2013- September 2014) Average Price: $1.693 M

2 Renovated Properties Sold in August 2014:   Average Price: $1.322 M

*Comparable properties in surrounding neighborhoods; Aqualane Shores listed from $ 2.6M and in Port Royal from $ 3.6M

1443 Marlin Drive, Royal Harbor is the latest listing in Royal Harbor!

Listing Price: $ 1,295,000

A 3 bedroom 2 bathroom meticulously renovated waterfront residence with 80 feet of dedicated water frontage is situated on a wide canal approximately 800 feet from Naples Bay.

Renovations undertaken in 2011

  • New trusses and concrete tile roof
  • Entryway created with certified impact glass double doors
  • New lanai installed and  fitted with 24” x 24” porcelain tile floor
  • Concrete pavers
  • Installed aluminum gutters and downspouts surrounding roof edge
  • Pool resurfaced and waterline ceramic tile added
  • Ceiling insulated with R-35 batten fiberglass insulation
  • New cabinetry,  travertine and porcelain wall tiles, flooring, counter tops  and appliances
  • Plantation shutters
  • Recessed lighting  throughout

Updated items in 2014

  • Carrier  3 Ton 16 Seer Air Conditioner
  • LG Washer and Dryer
  • Furniture package available

This waterfront property holds excellent investment value.  Plans for future expansion to add a 4th bedroom, a 3rd bathroom and additional garage are available for review.

Click on the tour below to view photographs of the property.

 http://tours.napleskenny.com/212856

The property will be available to view at our Open House on September 28th or schedule a private showing by connecting with Fatima!

Fatima@NaplesMeridian.com

239.961.5661

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