I would be more than happy to assist you in your purchase of a home in Naples as a rental property. To learn more about specific gated neighborhoods in Naples, please find my website http://www.napleshomes.com as a valuable resource. Napleshomes.com has every community with a detailed summary page including all prices, amenities, and real estate offerings. I would love the opportunity to answer any questions personally, please feel free to contact me either via cell 239.244.1559 or via email firstname.lastname@example.org. I look forward to hearing from you!
I realize you have many good answers here. I just want to throw in my 2cents.
Why gated community?
If your looking to build equity + have cash flow, you should limit your costs. Gated almost always = HOA fees. The HOA fees in Naples can be quite expensive. You mentioned in your last comment that you would like to use the property, but income was first priority. If you are buying for appreciation, you need to look for location, plain and simple. Get as close to the beach and downtown as the budget allows. Buying in an established neighborhood with low or no fees will allow you higher cash flow and usually better appreciation potential. There are many golf, bundled, resort style gated communities here in Naples, but in my opinion these neighborhoods are for owner enjoyment rather than investment.
Also, long term rent/lease will provide you with more secure and hassle free income as opposed to short term. Something to factor in to your search.
Best of luck with your investment! Please visit my blog here through my profile or by the link below. There you will find a few sections on investment properties. You will also find my Q&A posting of other Trulia Investment questions.
If you would like detailed information and advice for investment properties, I would be happy to talk with a fellow Jersey native from down the shore.
Just wanted to touch base to see if you have connected with a real estate professional that has been able to meet your needs. If not, please contact us. We have some excellent investment opportunities to discuss with you.
The April and Jimmy Team
Realty Direct Naples
Steve Moller, Realtor
Naples, FL 34109
Please check out my listing at 5035 Cedar Springs Dr,, Unit 103 at http://www.floridamoves.com/debbie.pope. This is a great unit with a great location in Naples. It is situated in the beautiful gated community of Carlton Lakes and has reasonable fees of approximately $1,200/qtr. It currently has a seasonal tenant (Jan-Mar) that currently produces over $9,200/annually for only those three months. Please let me know if I can answer any additional questions on this unit or also present additional options! ps - I used to call Voorhees my home for over 8 years! ;-)
Debbie Pope, Sales Associate
Coldwell Banker Residential Real Estate
I'm not sure if Naples has any Codo Hotels, but that's the setup to maximize your rental income and use it occassionally yourself. They usually have them in areas with a solid tourist base, because the big rental income is generated through the "hotel" like use of the condo. With big names that everyone knows the nightly income can be $600 and up. Adds up quickly. And capital appreciation is a huge likelihood right now with such low prices. We have some great ones here in Key West, and owners usually end up with vacations here every year, paid for completely by their investment property. Let me know if you'd like to hear more...Jim
Nancy Jaynes, Realtor "I find what you're looking for"
Premiere Plus 370 12th Ave, Naples FL 34102
In addition to other comments from agents, I want to add that the price of the house and the home association fees will be a big factor in what your cash flow will be. You have to ask yourself:
Is the rent going to be high enough at one home to make it worth the higher price of a lower priced comparable home?
Which management company will provide the services I want and at what price/cut?
Is it in a location that will be desirable, or at least is the most desirable for the rental cost, which will stay occupied the most?
All of these questions and more are what you need to ask an agent and management company.
One gated community that has reasonable priced homes with low HOA and consistent renters (weekly and monthly) is Briarwood Subdivision. The community has a guard at the gate, and a 24 hr street patrol car. The HOA dues are $900, homes are in the $250s-$400,00s, and the community includes 2 pools, 2 tennis courts, playground, sand volleyball court, and basketball court. Many of the homes also have private pools. The rents are in the area of $1200/wk-$2000/wk (out of season) and $2100-$3000 (in season).
Let me know if you want any information and/or guidance!
Naples Realty Services, Inc.
Cell: 314-616-2313 (Missouri number, but live in Naples year-round)
If you are looking at single family homes I would look at Briarwood as there are 12 times yearly and weekly in there. In process off aquiring one for client just this week. It is already used for this and will be keeping same management company to continue rentals. There are of course a lot of choices so depending on how much you want to be able to rent.
Feel free to call or email me for more information.
All the best,
April and I specialize in both sales and rentals. April is also a licensed CAM (Community Association Manager) She has managed several exclusive communities with as many as 800 homes. We could not only find you that great investment and negotiate a great deal for you, but we could also manage the property and make sure that you are getting qualified tenants. We also have vendors to handle anything and everything that has to do with real estate. We are looking forward to speaking with you and assisting you with all of your real estate needs.
There are many great communities in Naples that have homes for rent. Our rental market is hot, it follows the housing market.
Seasonal rentals are usually closer to town, but you can rent annually most anywhere. The "most rental income" needs to be evaluated in relation to your purchase and operating costs.
I can be of assistance to you as I have for many of my Northern neighbors. Contact me in confidence.
"Outstanding Performance Award Winner"
Downing-Frye Realty, Inc.
There are many great investment opportunities here in Naples. We would be happy to discuss all of your options with you. Please feel free to contact us any time. Also, please feel free to set up a FREE account on our website http://www.buyandsellswfloridahomes.com Here you can search just like an agent!
The April and Jimmy Team
Realty Direct Naples
You can reach Versie @239-980-8522 or email Vvancleve@aol.com
Steve Moller, Realtor
We work with a lot of people doing this and manage 200 rental properties for customers just like yourself. Let me know if we can be of assistance in helping you find the perfect property.