COLLIER COUNTY, Fla.- WINK News got an exclusive tour of some of Naples most valuable real estate. But make sure to have your wallets ready because experts say what's on the market, isn't sticking around for long. Buyers are paying cash and coming from all over the world.
"Naples is fantastic because it offers an amazing beach, we've got a great philharmonic, great museums, we've got a great lifestyle and that's ultimately why they're coming down," said Realtor Glenn Bradley.
The Naples Area Board of Realtors said condo purchases have skyrocketed. Especially on properties sold for more than two million dollars.So what can you get for that much money? Local realtors took WINK News inside two condos on the market. At just under four million dollars, this four bedroom pad in the Pelican Bay community is nearly 5,000 square feet and includes a family room, study, views of the Gulf and golf courses, and is overflowing with amentities.
"It is a lifestyle that's beyond," said Bradley.
Also inside the same community, Realtor Marcia Hawken calls this 1.1 million dollar condo 'unique.' At 2700 square feet, there are three bedrooms and a courtyard.
"Lots of different wings for privacy," said Hawken.
In addition to the low inventory, Bradley said there are also no new permits for any luxury high rises to be built, so if you do sit around and wait, you could end up missing out.