Naples Real Estate The Paradise Coast's Hidden Gem
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Naples, one of the wealthiest cities in America and the shopping capital of Southwest Florida, nestles on the Gulf of Mexico and boasts world-class shopping centers, beautiful culture, and many exquisite dining experiences. Attracted by the tropical beaches and…, Naples plays host to a lot of visitors and welcomes new residents yearly, most of which are a combination of nature lovers and high-end shoppers. The most popular shopping centers in the historic downtown neighborhood are Fifth Avenue South and Third Street South, and they are adorned with the most amazing art galleries, fashion stores, souvenir shops, and so on. When you are done with shopping for the day and it is time to have dinner, there are quite a number of great places to visit, which will turn your simple dinner experiences into a magical journey that goes beyond the food. You can choose to have your meal with the view of the ocean, at the beachfront resort or the bayside bar.
With about 21,602 people living in Naples permanently, and approximately the same number of snowbirds that show up in the harsh winter season, the city continues to progress and grow rapidly in the Gulf Coast. When you think of shopping, what group does that appeal mostly to? Yep, that’s what I thought, Women. This beautiful city has attracted the ladies so much that the female population is 3% more than the average of the entire country, and besides that, the senior citizens makeup 48.5% of the people living in Naples, also a lot higher than the United States’ average by 13%. Think about it, we have more seniors in a place where most of the population is feminine, it definitely has to be the shopping capital of Southwest Florida. So, if by any chance you are hoping to have a congregation of senior citizens women as friends, Naples is where you will find them.
With the growing population of big cash spenders, Naples offers more business opportunities than most of the other communities in Lee County, and although most jobs here are service jobs, new opportunities keep opening every day, and the potential for growth is limitless. As far back as 2012, the total retail sales per capita in this community were $115,769 according to the U.S. Census, and this figure is over eight times higher than the national average which was $13,433. Seasonally, Naples is filled with tourists who come to either vacation or experience for themselves the stories they have heard about Southwest Florida’s shopping center. Especially in the winter, tourists from all over the world flock here and pump a lot of money into its economy. The not-so-cool thing about that is that this place can become really crowded and the traffic can sometimes be unbearable, but that’s what you get for having attractive white sand beaches, one of the best sunsets in the world, swamp bogey race, plenty of fishing experiences, outstanding golf experiences, public amenities, and world-class shopping centers.
The wealth and quality of life of the residents in this beautiful city have put the median home value at $707,000, which is higher than the national average by a lot. More than 56% of the homes for sale in Naples are estimated to be above $1 million, with condos contributing to about 50% of the available homes on the market.