| This is a group of newly listed bank owned properties in North Naples. Prices range from the low $100s to the mid $200s. So many more buyers are tuned into the REO market. The secret is out and there is truly a frenzy. So, much of my advice as shifted to offering at least asking. Without a doubt...the average selling price of an REO in recent weeks is more than asking. WATCH THE VIDEOS BELOW!! Lakeside - $113,850 
2BR/2BA lake view condo. Lakeside has one of the largest lakes in Naples. You can fish or take out a non-motorized boat. This unit would make an excellent vacation condo. Clean it up and furnish it. I would suspect that you could rent January through March for about $7500. Then the rest of the year use it or try to get what you can. The location is fairly central just off Airport-Pulling just south of Vanderbilt Beach Rd. MLS Information Video Tour Lakeside Community Tour My advice - $114,000. These are nice units and very rentable. When the market strengthens the water view will have looked cheap. Heritage Bay - $129,900  Attention Golfers! 2BR/2BA condo located off of Immokalee Rd just east of Collier Blvd. Community is still being constructed but will feature a 27 hole golf course. This is a 'bundled golf' community which means that when you purchase a condo, you golf for free! MLS Information Video Tour Heritage Bay Community Tour My Advice - $120,000 Vasari - $134,900 
Another golfers dream! This is probably the most upscale 'bundled golf' community. The landscaping is plush and the golf is supposed to be great! This is the first community in Lee county. The fees are high here and the taxes are higher as well but a new condo in a luxury community is worth it if you reall like to golf. 2BR/2BA + den. The view is AWESOME! MLS Information Video Tour Vasari Community Tour My advice - $125,000 Carlton Lakes - $176,605  2BR + den coach home. A 'coach home' is a quad - every unit is an end-unit and there are 2 upstairs and two downstairs units. The water view surrounds this unit. This would make a great vacation rental. You would likely get $9000 for a January through March renter. MLS Information Video Tour Carlton Lakes Community Video My Advice - $165,000. I think it is worth more than asking but my guess is that $165,000 would buy it.
The Quarry - $222,750 
This is really nice inside and comes with a deeded dock. The Quarry is a bit remote but the amenities make up for it. Also, the interior is basically new. 2BR + den, 2BA and two car side entry garage. MLS Information Video Tour The Quarry Community Tour My advice - $205,000 Tarpon Bay - $244,900  3BR + den and a two car side entry garage. This is really close to I75 and Immokalee. This is a coach home. The upstairs units are larger because they stretch out over the lanai. MLS Information Video Tour Tarpon Bay Community Tour My Advice - $225,000 Indigo Lakes - $269,000 
3BR/2BA + den pool home in Indigo Lakes. Indigo Lakes features only single family homes. Home has a really nice lake view but needs some interior updating. MLS Information Video Tour Indigo Lakes Community Tour My advice - $235,000 
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