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PMI Gulf Coast Vacation Blog

INVESTING in NAPLES VACATION REAL ESTATE

INVESTING in NAPLES VACATION REAL ESTATE

While our vacation property management company, PMI Gulf Coast, is recently entered the vacation rental business, I have found that Naples Florida is a great place to make an investment in real estate.  Who doesn’t dream of a vacation on a toasty Florida beach? It just so happens that Naples claims bragging rights as to being one of the healthiest cities in the U.S., it also has some of the top Florida beaches, over 80 golf courses and plenty of dining and outdoor experiences to keep the most avid traveler busy throughout the year.

Naples climate is considered Mediterranean and offers year-round opportunities as the average temperature is 75.7°F.  Explore the many shopping, dining, art and cultural opportunities or take part in many of our elegant, fine, casual, waterfront or outdoor dining are some of the options available. The area’s proximity to the Gulf of Mexico provides our restaurants with some of the freshest seafood available. All these amenities make for certain that your investment in a vacation property in Naples is an excellent choice!


As for the investment opportunities…No matter which end of the investment spectrum you seek, real estate in Naples, Florida is solid.  It is important that in selecting your investment, you have an experience vacation rental management company that is willing to provide you a “Rental Performance Analysis” consistent with your personal and financial objectives.  As a pure investor, you may want to maximize your rental income and see a steady appreciation for return on your money. As a second homeowner, you are choosing a home that answers your family needs and enjoys appreciation. You might rent the property on a seasonal basis to cover carrying costs. Regardless, Naples is a destination that attracts buyers, investors, vacationers, travelers and tourists from around the world and every state of the USA. This makes the real estate market in Naples active, vibrant and desirable through varying cycles. Aside from every buyer having their own reasons and motivation for buying a home or condo in Naples, there are many types and ranges of properties available to meet your needs. diversified we also have properties available over a very wide price range as there is something for everyone that wants to put their money into a solid investment.

So, as you think about investing in a vacation property, there are things to consider:

  • Are you strictly an investor who is looking for return on investment?
  • Are you expecting appreciation as well as rental income?
  • How long do you intend to own the property?
  • Are you going to use the home for your own vacations and some family time?
  • What are the rental policies of the HOA/COA that you are considering a property for vacation rental?
  • Are you thinking of what is needed in obtaining an experienced vacation rental management company that can meet your goals?

There are very, very few neighborhoods of single-family homes near the beaches that do not have some association restrictions on renting. These single-family home neighborhoods that are located west of Route 41 do not have homeowner association restrictions and can be rented out by the month, the week or even just for a few days:

naples pierNaples Park, Connors at Vanderbilt Beach (canal homes with Gulf of Mexico boating access), Park Shore, The Moorings, Coquina Sands and the Olde Naples area. Consider the scenario of homeowner association restrictions regarding the number of leases per year, a time restriction for the length of a lease or pet restrictions for tenants before you invest.

Each neighborhood has its own value and respective seasonal rents. If you were to try to boil things down to a formula, the best rental property would be a house with 3 bedrooms, at least 2 bathrooms, a pool and a garage within a walk or bike ride to one of the beaches and hopefully pet friendly too. It should be noted in our market area of Naples, Florida, this is the very same combination of attributes in a single-family home that will enjoy the most amount of appreciation in the next few years. Maximizing the rental income AND the appreciation is a great combination.

Here is a little comparison to assist you in understanding your investment opportunities in Naples:  A $350,000 single-family home or townhouse in Northern Virginia (which can only be rented annually) will bring approx. $23,000 in income – on the other hand, a $350,000 single-family home in Naples Park will bring $33,000 to $35,000 in income – a $650,000 single-family home in the upscale beast area of Park Shore would bring approximately $70,000.  If you find a great beachfront property, that allows both weekly and seasonal rentals, you can find some seasonal rentals (Jan.-March) generating anywhere between 10,000 to $20,000/month during the peak season.  

Please note that every condominium development in Naples has restrictions, although one, Regatta, which is an easy walk to Vanderbilt Beach, allows 52 leases per year. That’s a very liberal policy for condos.

Here are areas recommended as excellent opportunities for those looking for investment return in their vacation properties: 


Naples ParkNAPLES PARK – Offers walking distance to Vanderbilt Beach and is a non-gated community with no deed restrictions and no Homeowner’s Association fees. It is comprised of roughly 3000 separate lots, around 2500 of which have completed homes. Each lot is 50 ft. by 135 ft., or 0.15 acres, and some homes rest on bigger lots that are typically double in size. The community is set up in a city pattern, with 4 major “blocks” dividing smaller East/West sections to create a grid system that makes driving around the neighborhood much easier. Similarly, Naples Park runs flush against U.S. 41 on its East side, giving you unprecedented convenience when traveling around the Naples.


Connors VanderbiltCONNORS at VANDERBILT BEACH – Offers a community of canal homes within walking distance to beach and Wiggins State Park.  Many real estate buyers are drawn to this are for its single-family waterfront homes with access to the Gulf. The homes have been developed within 17 cul de sac streets that border the Vanderbilt Lagoon. The 500 or so home sites are all canal front with deep water boat access to the Gulf of Mexico via Wiggins Pass.


RegattaREGATTA at Vanderbilt is only two blocks from Vanderbilt Beach and very close to the Ritz Carleton which brings the best of Naples right to your doorstep. With the most liberal of rental policies, the Regatta at Vanderbilt Beach delivers Florida’s sunny, carefree lifestyle to the owners and residents of its 205 luxury condominiums. The community’s waterside location provides breath-taking bay views, and a 55-slip marina for residents. Residences boast large screened balconies while community amenities include a clubhouse, fitness room, two swimming pools and nearby public golf courses., Regatta at Vanderbilt Beach has everything you will need to enjoy your Naples vacation home investment. 


Park ShorePARK SHORE has some condos that allow rental and look for those listed for less than $1,000,000 as a vacation option for you.  Located between US 41 and the Gulf of Mexico, Park Shore combines waterfront homes and condos against a backdrop of lush parks and sparkling, white beaches.  Taking its cue from Venice, Italy, many of the estates replicate Italian architecture as well as take advantage of the Venice-style canals with navigable bodies of water separating the mainland from the Gulf.  The Village on Venetian Bay provides additional European flair with upscale shopping and dining facilities and marks the site of the annual Naples boat festival parade every December.


Commadore ClubTHE MOORINGS is conveniently located near shopping and the beach and is a waterfront community bordering Naples Beach to the South and Hotel and the Park Shore community to the North. Uniquely designed with its own beach access, the Moorings combines magnificent gulf views with boat docks and beach facilities just a step away from luxurious homes and high-rise condos. 


CoquinaSandsCOQUINA SANDS is one of the most coveted communities in Naples. If you can find a property listed for under $1,000,000 with flexible rental policies, give it a strong consideration! It is a wonderful, friendly neighborhood of tree lined winding streets on the white sands’ beaches of the City of Naples. Our vibrant community is bordered by Orchid Dr. to the north. The Naples Beach and Golf Club to the south, Tamiami Trail N. to the east, and the shimmering waters of the Gulf of Mexico to the west.