If you’ve owned investment property in the Naples / Fort Myers, Florida, area, then you may be wondering which way the real estate market is headed, as well as how much your property (or properties) is worth.
According to Realtor.com, the city of Naples consists of 85 different neighborhoods. Currently, there are more than 8,600 homes for sale, with nearly 2,600 homes for rent in the area. Overall, the median list price of homes for sale in Naples, Florida, is just a tad over $387,000 – which equates to approximately $209 per square foot.
With a median sale price of $335,000 in the Naples area, this locale is still considered to be a buyer’s market. With that in mind, if you own rental property at this time, it could be more advantageous for you to keep it and continue receiving the cash flow that it generates.
While doing so may be require a great deal of time in terms of managing and maintaining your property, these tasks can easily be delegated to a local and experienced property management team.
Benoit Management specializes in managing rental real estate in the Naples and Fort Myers vicinity – including the areas of Bonita Springs, Estero, and Golden Gate – for both local and long-distance property owners. As one of the fastest growing property management companies, we currently handle more than 650 rental units for our clients.
By allowing Benoit Management to take over the duties of finding and screening tenants, collecting rent, and setting up regular and emergency maintenance, you can free up your time for other more pressing needs.
We also produce all of the necessary financial information that you need for determining the profitability of your investment(s). For more information on the services that are available through Benoit Management, Contact Us.