Naples Florida

[Shannon T.]

Hi, I am just getting ready to start. My interest is in buying rentals (single family homes, condos) in southwest Florida (Naples, Estero, Bonita Springs). I wondered if there are people on here with experience in this location. I am still in the process of trying to find communities that make financial sense. With HOA fees varying so much and the seasonal nature of the communities it is a bit daunting. Any advice would be much appreciated.

[Gerald Barron]

My wife and I own a rental in Naples Park. It’s a hidden gem community in North Naples. It’s being gentrified these days but you can still find the “1%” deals there if you don’t mind doing some work. Also, there are no HOA fees. It’s a great area too! Two major public beach accesses (Vanderbilt and Wiggins) and Mercato shopping right across 41. Naples Park is on the top of our list for the next downturn.