Naples Vibe Realty

Naples Vibe Realty

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04/02/2025

๐—ฅ๐—˜๐—ก๐—ง๐—”๐—Ÿ ๐— ๐—”๐—ฅ๐—ž๐—˜๐—ง -๐—ช๐—ง๐—™??

I started my real estate career managing rental properties in 2019.

๐‘ฐ ๐’…๐’ ๐’‚ ๐’๐’๐’• ๐’๐’‡ ๐’”๐’‚๐’๐’†๐’” ๐’•๐’๐™ค ๐’ƒ๐’–๐’• ๐’‘๐’“๐’๐’‘๐’†๐’“๐’•๐’š ๐’Ž๐’‚๐’๐’‚๐’ˆ๐’†๐’Ž๐’†๐’๐’• ๐’Š๐’” ๐’Ž๐’š ๐’‘๐’‚๐’”๐’”๐’Š๐’๐’.

Itโ€™s never a dull moment, I love the hustle, I love helping people, I love making deals happen. ๐Ÿ’ฐ

It was so fun ๐Ÿคฉ there was a time I didnโ€™t even need to list a property to rent it.

I always tell people that real estate is cyclical and itโ€™s ok, you just need to ride out a wave ๐ŸŒŠ We had a really really high wave and now we are in a downward wave (is that a thing?)

What. The. Heckโ“โ“What happened to our SWFL rental market??? It was rocking and rolling!

๐—ฆ๐—จ๐—ฃ๐—ฃ๐—Ÿ๐—ฌ ๐—”๐—ก๐—— ๐——๐—˜๐— ๐—”๐—ก๐—— ! Itโ€™s what drives prices for a lot of things!

Everyone jumped on the โ€˜investment propertyโ€™ train in 2021 when money was cheap to borrow. Or they had extra money in the bank. Money is supposed to make your money, right? Right. But we canโ€™t control the market!

So supply is highโ€ฆlike Snoop dog high!!

People bought investment properties. People bought a house bc at the time we were literally running out of inventory and some thought it was the last chance to get a home in SWFL. They bought with intentions of moving next year, year after, some dayโ€ฆwho knows. They just bought.

Now the dust has settled, Covid is over and ๐˜„๐—ฒ ๐—ฎ๐—ฟ๐—ฒ ๐—ฏ๐—ฎ๐—ฐ๐—ธ ๐˜๐—ผ ๐Ÿฎ๐Ÿฌ๐Ÿญ๐Ÿต level of demand. Exceptโ€ฆ๐—บ๐—ผ๐—ฟ๐—ฒ rental inventory.

Plus the sale market is stale. Canโ€™t sell your house? Or donโ€™t want to โ€˜give it awayโ€™ bc you bought at the peak of the market?
Or you decided you are not ready to move to SWFL? Youโ€™re not using that second home as much as you thought you would?

So you decide to rent it out! Ok well you and everyone else ๐Ÿ˜ฉ

๐—ฆ๐—ผ ๐—ป๐—ผ๐˜„ ๐˜„๐—ฒ ๐—ต๐—ฎ๐˜ƒ๐—ฒ ๐—บ๐—ผ๐—ฟ๐—ฒ ๐˜€๐˜‚๐—ฝ๐—ฝ๐—น๐˜† โฌ†๏ธ , ๐—น๐—ฒ๐˜€๐˜€ โฌ‡๏ธ ๐—ฑ๐—ฒ๐—บ๐—ฎ๐—ป๐—ฑ.

BUTโ€ฆinsurance is up. HOA fees are up. Taxes are up bc property values went up.

And yet rental prices are downโ€ฆbcโ€ฆ..low demand high supply.

What can you do??

Wellโ€ฆdonโ€™t panic. ๐—ฅ๐—˜๐—Ÿ๐—”๐—ซ!

Call me. Letโ€™s talk and come up with a plan.

Real Estate is cyclicalโ€ฆletโ€™s ride out this wave ๐ŸŒŠ together.

239 300 7006
[email protected]

691 Melville Ct, Naples, FL 34104 | MLS #224022927 | Zillow 03/10/2024

New listing!

Priced to sell! Great for anyone looking for a flip.

Great neighborhood ๐—•๐—˜๐—ฅ๐—ž๐—ฆ๐—›๐—œ๐—ฅ๐—˜ ๐—Ÿ๐—”๐—ž๐—˜๐—ฆ
Low HOA $431/๐—ฌ๐—˜๐—”๐—ฅ
๐—–๐—Ÿ๐—ข๐—ฆ๐—˜ ๐—ง๐—ข ๐——๐—ข๐—ช๐—ก๐—ง๐—ข๐—ช๐—ก ๐—ก๐—”๐—ฃ๐—Ÿ๐—˜๐—ฆ

Pool
2 car garage
3 bedrooms, 2 baths
Corner lot
Backyard and screened in lanai

https://www.zillow.com/homedetails/691-Melville-Ct-Naples-FL-34104/43741177_zpid/

Naples Vibe Realty
Elina Maranz
Maya Maranz
Steven Maranz

239 300 7006

691 Melville Ct, Naples, FL 34104 | MLS #224022927 | Zillow This 2144 square feet Single Family home has 3 bedrooms and 2 bathrooms. It is located at 691 Melville Ct, Naples, FL.

03/02/2024

Check out this beauty at the Hamilton Place -

Being offered FULLY FURNISHED!
Former model
Loads of upgrades
Great location in thee center of Naples!

$825,000

Naples Vibe Realty
239 300 7006
Elina Maranz
Broker/Owner

matrix.swflamls.com

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