Tuesday, March 24, 2026 / by Mike Shoaff
Where I’m Finding the Best Condo Values in Naples Florida Today
The Naples condo market has shifted. Inventory is up, buyers have slowed down, and many sellers are adjusting expectations. While that has created a quieter market overall, it has also opened the door for something we have not seen in a few years.
Real value.
What stands out right now is not older, dated condos trading at a discount. It is newer construction communities that are now priced at levels that simply do not match what you are getting. In several cases, newer condos built within the last 5 to 7 years are now selling at or below pricing from older communities that are 15 to 25 years old.
That is where the opportunity is. Below are three communities that stand out right now.
Avalon is one of the clearest examples of this shift. Built between 2018 and 2019, these units offer modern layouts, impact windows and doors, and a clean coastal design that still feels current today.
One of the biggest advantages here is the location. Avalon and nearby Seychelles sit near the Santa Barbara and Davis Boulevard corridor, where a new mixed use development is planned, including a Whole Foods along with higher end retail and dining. That type of growth tends to bring long term value to surrounding communities.
Back in 2022, 2 bedroom plus den and 3 bedroom units with lake views were trading around $600,000 to $610,000. Today, those same units are now being seen in the mid $400,000s, with many hovering near $450,000 depending on condition and view.
There are also smaller units trading under $400,000. That kind of price reset in a newer community is something buyers should be paying attention to. Search for properties HERE
Seychelles is one of the newest condo communities in Naples, built between 2020 and 2023. It features coastal architecture, updated interiors, and full impact protection built to current building standards.
Its location near the Santa Barbara and Davis corridor positions it well for future growth. As that area continues to develop, surrounding communities like Seychelles are likely to benefit. Find properties for sale HERE
Richmond Park, built around 2019 to 2020, is another standout. This North Naples community offers newer construction, open layouts, impact glass, and a convenient location near shopping, dining, and beaches.
At the peak of the market, many units sold around $550,000. Today, similar units are trading closer to the low $400,000s, with many around $420,000 depending on the property.
Smaller units are now coming in under $400,000, putting newer construction in line with older communities. Check out listings HERE
- Built within the last 3 to 7 years
- Impact windows and doors with current standards
- Modern layouts and finishes
- Lower risk of major deferred maintenance
- Pricing aligned with or below older condos
One of the most overlooked factors right now is supply. There is a steady flow of new single family homes, but limited new condo development compared to past cycles.
That means there are only so many newer condo communities available. When demand returns, these newer properties are likely to stand out first.
One of the most overlooked factors right now is supply.
There continues to be a steady flow of new single family home construction, but new condo development has been limited compared to past cycles. As a result, there are only so many newer condo communities available.
That matters, especially when you consider the advantages of newer construction. These properties are typically built to current building codes with impact glass and updated systems, and they are less likely to face large maintenance projects in the near term. Buyers are also less exposed to potential special assessments that are more common in older buildings needing major updates like roofs, structural work, or system replacements. On top of that, interiors are more modern, reducing the need for immediate renovations.
When demand returns to the condo market, these newer communities are likely to stand out first, not just for their condition, but for the long term value and lower risk they offer compared to older properties.
I work with buyers across Naples in all price ranges, from entry level condos to luxury waterfront properties. Being active in the market daily gives me a real time understanding of what is actually happening.
I track showings, offers, price changes, and buyer feedback, which gives me an inside look at what is selling, what is sitting, and where buyers are finding value.
If you are thinking about buying or want a clear breakdown of the best opportunities right now, feel free to reach out. I can help you focus on the properties that make the most sense for your goals.
Mike Shoaff is a Naples FL Realtor known for helping buyers successfully navigate the market at every price point, from entry level condos to luxury waterfront homes. His hands-on approach and constant involvement in active deals give his clients an inside edge on what is actually happening in the market. Mike has earned multiple industry recognitions, including RealTrends honors, the RE/MAX Platinum Award, and was voted a top Realtor and best buyer’s agent in 2026 by Naples Magazine. Clients consistently point to his relentless work ethic, honest and straightforward approach, strong negotiation strategy, and proven results when choosing to work with him.
