This Week's Best Under-Market Real Estate Deals in Southwest Florida | Fort Myers, Naples, Cape Coral & More
This weeks Southwest Florida market is bringing some pretty tantalizing prospects to the table for buyers and investors who are savvy enough to spot them. I've taken a close look at the comps on these properties myself & theyre all coming in significantly under what comparable homes have moved for in the immediate area recently. Whether youre in the market for a place to call home, a solid rental investment, or just a second getaway in Southwest Florida, these deals are certainly worth taking a harder gander at.
#1 Best Deal on the Market: 1733 Courtyard Way B103, Naples
$190,000 · 2bd/2ba · 1,132 sqft · ~19% below recent sold comps
This 2-bedroom condo at Courtyard Way in Naples is priced way under market value - a full 19% below what similar homes have recently sold for. You can get a sprawling 1,100 sqft of Naples living for an unsual price of $190,000, an amazing value thats rare to find right now. Whether youre a first-time buyer or looking to snag a home in one of South West Floridas favourite spots without breaking the bank, this really is an entry point thats hard to pass up.
#2 Best Deal on the Market: 401 Arbor Lake Drive 4-101, Naples
$215,000 · 2bd/2ba · 1,493 sqft · ~18% below recent sold comps
Coming in at 18% below market comps, this Arbor Lake Drive property is a real find, offering almost 1,500 square feet of living space for a very reasonable $215,000. You've got to figure that with its size, prime location in Naples & the very attractive below-market pricing, this place is going to be a real smart buy for anyone looking to put down roots or for an investor looking to sink your money into strong rental prospects. I can just imagine this kind of deal getting snapped up in no time in the competitive Naples market.
#3 Best Deal on the Market: 4519 Centaurus Circle, Naples
$581,106 · 4bd/2ba · 2,428 sqft · ~17% below recent sold comps
This 4-bedroom brand new construction home on Centaurus Circle comes at a great price - 17% below what comparable Naples homes have actually sold for in recent times - and that means you get to enjoy 2,428 square feet of living space for a snip of $581,106. And that's no small thing - you get a totally fresh home with all the modern trimmings without having to worry about any of the deferred maintenance headaches that older homes often come with, plus you get to start with some equity in the bank right off the bat because these neighborhood sales comps are looking pretty good. For families stuck looking for a place with some real space and some real value in Naples, this one has both bases covered.
Gulf Access: 4591 Bay Beach Lane 294, Fort Myers Beach
$305,000 · 2bd/2ba · 1,226 sqft · ~13% below recent sold comps
**Below Market Price** , this Fort Myers Beach condo comes in at a whopping 13% discount off comparable sales - & a steal at $305,000 for 2 bedrooms & 2 baths with stunning Gulf access. And what does that mean for you? You get all the benefits of a Gulf front lifestyle - think boating , fishing, and soaking in the sun on the water - without the hefty price tag that usually comes with direct Gulf front properties. That is , $1 million+ is a common price point for these type of properties - but not here. So for buyers who want it all - a boat-friendly lifestyle & a vacation rental income stream - this one's a real winner.
Waterfront: 2537 Deerfield Lake Court, Cape Coral
$300,000 · 4bd/2ba · 2,603 sqft · ~16% below recent sold comps
This 4-bedroom Cape Coral waterfront home offers a spacious 2603 sqft for $300,000 - a steal considering its 16% discount off recent sales prices in the area. To find a beautiful waterfront property with four bedrooms and a price tag under $300,000 is getting tougher by the day, & the extra room is the icing on the cake, giving you loads of flexibility for family members, guests or just setting up a home office in peace. With its stunning canal system & unbeatable value, Cape Coral is a real standout for anyone on the hunt for a place with space & water access that actually won't break the bank.
55+ / Active Adult: 104 Fleur De Lis Lane, Naples
$199,700 · 3bd/2ba · 1,580 sqft · ~13% below recent sold comps
At roughly 13% under market value, this three-bedroom home in a prime Naples 55+ community is listed at a price of $199,700 - offering 1,580 square feet of comfortable, single-level living space. A smart move for active adult home-seekers - this place delivers the low-maintenance lifestyle and community perks that are the hallmark of age-restricted neighborhoods - all at a price that shows you're really getting a good deal compared to what else is out there. It's a no-brainer for folks looking to retire in style, or those wanting to downsize from a bigger place without giving up any of the space they need.
Amenity-Rich: 12015 Matera Lane 104, Bonita Springs
$272,000 · 2bd/2ba · 1,621 sqft · ~16% below recent sold comps
This Bonita Springs condo at Matera Lane is priced a whopping 16% under what similar properties are selling for - which works out to a very attractive $272,000. For your money, you get 1,621 square feet of living space - 2 bedrooms to boot - plus the kind of resort-style amenities that make Southwest Florida living feel like the ultimate permanent vacation package. For folks looking for a lock-and-leave lifestyle with pools to lounge by, a fitness centre to get into shape & endless social opportunities to get out & about - this really brings home the value.
Investor (rental): 4263 Bay Beach Lane 111, Fort Myers Beach
$289,900 · 2bd/2ba · 1,175 sqft · ~14% below recent sold comps
Priced 14% below the competition for a steal at $289,900 this Fort Myers Beach condo is a real rental gem that's going to churn out some solid cash - and with 2 bedrooms and direct access to the Gulf, it's a no-brainer for any smart investor. Fort Myers Beach has a consistent stream of vacationers looking to rent - so by snagging it at a discount you get a nice bump on cash flow and long-term appreciation right off the bat. This kind of property basically pays the bills (or at least a good chunk of 'em) for savvy investors who get what the short-term rental market's all about.
If any of those Homes tick the boxes for what you're after, Id love to catch up with you this week while theyre still on the market. Im here to guide you through the whole process, answer any questions youve got and help you make a well-informed decision about your next move in South West Floridas current housing market. I'd be happy to take you through some comparable sales too.
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Deals are measured against the median of recent nearby sold comparables (within 1 mile, similar size, age, and beds/baths, closed in the last 6 months). Prices and availability change fast; contact Rick to confirm.