Marco Island & Naples Area Update FEBRUARY 2024

SERVING MARCO ISLAND, NAPLES, PORT OF THE ISLANDS & GOODLAND

WHAT'S INSIDE: FEBRUARY 2024

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MARCO ISLAND MARKET STATS

NAPLES AREA MARKET STATS

SPOTLIGHT: HIDDEN GEM! HIDEAWAY BEACH MARCO ISLAND

WHAT'S HAPPENING MARCO & NAPLES!

Keller Williams Broker

Jeff Jones is a graduate of Duke University. With several local attorneys, Broker Jeff is instrumental in writing and updating all the real estate contracts used in the Naples and Marco Island area. He is a past president and long-time board member of the Naples Area Board of Realtors. He has been a Florida Broker and Realtor since 2007.

The Southwest Florida real estate market remains stable with prices holding firm showing no signs of any significant downturn. This contrasts with inventory levels that have risen considerably over the past few months. Furthermore, the average days on the market has increased steadily because of many more choices for Buyers being added to the market.

Locally our Closed Sales average 69% in Cash. However, the recent Fed decision not to increase their rates has already caused Mortgage interest rates to drop into the 6% range. This rate reduction will help to encourage previously hesitant Buyers to consider purchasing in the first quarter of 2024. The recent record closings of the Dow Jones, NASDAQ, and S&P 500 may also encourage cash buyers to invest in our Market.

Our local Market activity for Marco Island and surrounding areas has shown encouraging signs of improvement with increases in showings and open house activity followed also by an increase in Pending and Closed Sales for the month of January. Sellers are encouraged to work closely with their Realtor® to ensure their home pricing is truly appropriate and effective for the current market conditions especially in light of the increased activity in our Market.

Our Market is significantly neighborhood dependent and thus using a Realtor® familiar with local conditions is essential to listing or buying your Home with the best possible value and results!

DISCOVERING THE HIDDEN GEM OF MARCO ISLAND: HIDEAWAY BEACH

Nestled on the picturesque shores of Marco Island, Hideaway Beach emerges as a sanctuary of luxury and serenity. This exclusive gated community, spanning over 300 acres of pristine natural beauty, offers residents a unique blend of upscale living and the tranquility of a private island retreat. With its lush landscapes, white sandy beaches, and the Gulf of Mexico's azure waters as its backdrop, Hideaway Beach stands as a testament to luxury living in harmony with nature. It's a place where residents can unwind and enjoy the finer things in life, from sunsets on the beach to golf rounds with friends, all within the privacy of a gated community.

The Allure of Hideaway Beach: A Blend of Natural Beauty and Luxurious Living.

Hideaway Beach is more than just a place to live; it's a lifestyle, offering an array of amenities that cater to the most discerning tastes. The heart of the community beats with its social and recreational hub, the Hideaway Beach Club. This exclusive club offers dining options that range from casual to gourmet, alongside panoramic views of the Gulf of Mexico, making every meal a memorable experience. The beachside pool and the beach itself are what makes Hideaway so special.

For those who lead an active lifestyle, Hideaway doesn't disappoint with its nine-hole executive golf course, tennis and pickleball facilities, residents have ample opportunities to engage in physical activities. A 4000+ SF state-of-the-art fitness and recreation center with cafe is being built that will knock your socks off! The community's nature trails and boardwalks invite leisurely strolls or bike rides and a kayak launch/storage, allowing residents to immerse themselves in the untouched beauty of their surroundings.

Luxurious Residences: Condominiums start at $1.280 and Single-Family Homes start at $1.8M.

At Hideaway Beach, the residences are designed to offer unparalleled luxury and comfort. The community features a diverse selection of homes, from high-rise condominiums offering breathtaking ocean views to sprawling single-family homes that blend seamlessly with the natural environment. Each residence is crafted with attention to detail and high-end finishes, ensuring that every home is a sanctuary of luxury.

The condominiums at Hideaway Beach are epitomes of elegance and convenience. With spacious layouts, modern amenities, and private balconies, residents can enjoy the beauty of Marco Island from the comfort of their homes. The single-family homes, on the other hand, offer more space and privacy, with custom designs

that cater to a variety of preferences and lifestyles. Whether it's a beachfront house or villa or a secluded garden home, each property reflects the community's commitment to excellence and luxury.

A Community in Harmony with Nature

One of the most remarkable aspects of Hideaway Beach is its dedication to preserving the natural environment. The community is a haven for wildlife, offering a habitat for numerous species of birds, turtles, and other marine life. The conservation efforts ensure that the beauty of Marco Island remains untouched, allowing residents to live in close proximity to nature while enjoying the comforts of luxury living.

WHAT'S HAPPENING MARCO ISLAND & NAPLES

Marco Island Center for the Arts now also manages the theater next to Marco Island Brewery in Towne Center called Arts Center Theater.

March 9-10, 10 AM-5 PM is the inaugural, major art show on Marco Island. The Fine Art Show will take place in the newly renovated Veteran’s Memorial Park. The Marco Island National Fine Art Show is a juried show and will feature approximately 200 artists in mediums such as ceramics, painting, jewelry, sculpture, metal, wood, mixed media 2D and 3D and photography.

At the theater March 13-30. "Vanities" by Jack Heifner. This bittersweet comedy is an astute chronicle of the lives of three Texas girls. In 1963, Joanne, Kathy, and Mary are aggressively vivacious cheerleaders. Five years later in their college sorority house, they are confronting their futures. In 1974, they reunite briefly in New York. Their lives have diverged and their friendship is now strained and ambiguous.

Be sure to check out the upcoming comedians. The shows sell out quickly so book ahead!

For more information on all of these and many more Arts events and shows visit https://www.marcoislandart.org

For up-to-date live music, events and restaurant information on Marco Island...Download the convenient Marco Review app on your cell phone from the app store

Goodland island is popular on a Saturday and the famous Sunday Funday! Stan's, Little Bar, Paradise Found & Crabby Lady all have great live music, food and fun all day!

Something fun for the grandchildren at Naples Botanical Garden! Set in the Kapnick Caribbean Garden January 27 – April 20, 2024, Musical Swings is a music-making art installation that invites people of all ages to participate in an unexpected creative performance.

All aboard! The world's most beloved #1 blue engine will roll into Golisano Children's Museum of Naples (CMON) this spring for exciting fun and adventure. Thomas & Friends™: Explore the Rails!, an interactive exhibit will steam into CMON Naples on January 27 through May 14.

Naples Philharmonic: Alexander Shelley, returns to explore George Gershwin in a Masterworks program showcasing An American in Paris and Anna Clyne’s Glasslands, an Artis-Naples co-commission featuring saxophonist extraordinaire Jess Gillam. The orchestra concludes the performance with Stravinsky’s The Firebird Suite. (artisnaples.org)

Schedule your family portraits now!

March events are here! Click for many more events and things to do on Marco Island and in the Naples area!

Page 1 photo courtesy of Joey Waves. To purchase his beautiful photography, art and books or to schedule a personalized photography session visit www.JoeyWaves.com