Rent to Own Homes in Naples
The below results are primarily rent to own homes in Collier County, FL:
You’ll find the city of Naples on the western coast of southern Florida, approximately 160 miles south of Tampa and about 125 miles northwest of Miami. Sitting directly on the Gulf of Mexico, the Naples area is one of the biggest tourist destinations for the state. The most popular Naples area beaches include Vanderbilt Beach, Lowdermilk Beach Park and the North Gulfshore Boulevard Beach. Naples Municipal Beach is one of the city’s biggest attractions because it includes a fishing pier with stunning views of the Gulf. These beaches are known for their silky white sand and well-maintained grounds.
This city is part of the Naples metro area and is located within Collier County. It’s known as one of the most expensive cities in the United States, and an impressive percentage of the population enjoys the millionaire lifestyle. With close proximity to some of the cleanest beaches on Florida’s Gulf Coast and a growing list of entertainment venues, there are many reasons that the wealthiest Americans choose this city to call home.
Some of the more prominent attractions in the Naples area include the Bay of Naples, the Naples Zoo, the Naples Botanical Garden and the Naples Museum of Art. The downtown area is home to the Naples Players and a variety of restaurants, museums and shopping centers, serving the city with fun as well as cultural enrichment.
Buying a Home in Naples
Naples offers one of the most diverse real estate markets in the United States. You can expect to find properties listed at less than $200,000 as well as mansions selling for $3 million or more. You can find properties at every price point in between, giving you many options when shopping for a home that fits your budget, your lifestyle and your location preferences.
You can expect a home with three or four bedrooms to cost you around $400,000, but the median listing price is typically under this figure. While it’s fun to read about the multi million-dollar homes for sale in Naples, it’s important to stay within your means when living in such an expensive city.
Popular Neighborhoods in Naples
Park Shore is one of the best neighborhoods in Naples. Most homes in this area are worth more than $1 million, and the community includes some properties with direct beach access. This region of the city boasts some of the lowest crime rates and an impressive high school graduation rate, making it ideal for families with teenagers and younger children. If you’re interested in extreme luxury and can pay around $3 million for your home, you may want to look into the Aqualane Shore neighborhood.
Buying vs. Rent to Own Homes
Are you looking at homes for sale in Naples with great interest? Your dream of purchasing a home is more likely to come true if you consider all of your contract options. Instead of going through the traditional home-buying process, you now have the option of purchasing a rent-to-own home. While you will rent the property for a year or longer, you’ll have the right to purchase the home before the end of your contract. This gives you time to prepare for the responsibility of home ownership while getting comfortable in your new home long before you make the purchase official.
Cost of Living in Naples
The housing index in Naples doubles and sometimes triples the national average. This significantly increases the overall cost of living, but those housing prices are also balanced by average prices for most other expenses. Just keep in mind that you will spend more on utilities if you purchase a large home, and you may spend more on transportation if you buy property in one of the more exclusive Naples neighborhoods.
Naples, Florida, is well known for its expensive real estate market as well as stunning beaches with pure white sand. This is a city that allows residents to spend their days fishing from piers on the Gulf of Mexico or leisurely patrolling the water by boat. While it attracts many wealthy Americans and homes can sell for more than $1 million easily, it’s also a great place to live if you want to spend a lot of time out in the sun. Naples is a major tourist destination for Florida, so it’s also a good place to live if you’re interested in the hospitality industry.
Rent to Own Realtors
When it comes to contracts, there are usually plenty of loopholes. You don’t want to be blindsided because your counterpart in a rent to own deal knows them better than you do.
A realtor might be the logical person to ask for help with a real estate deal, but instead, you should consult with a lawyer to ensure that your lease-option contract benefits you just as much as it benefits the other party.
Realtors likely will not want to help you with a lease-option because they don’t make a lot of money off of them – at least, they don’t make a lot of money until the end of the lease, and that isn’t a guarantee.
Regardless, a lawyer will have more accurate information about your contracts anyway.
About Our Listings
Financially, buying apartments, houses or any other types of properties makes sense when compared to renting. You're paying roughly the same amount per month for your mortgage that you would to rent the same type of home. However, there are obstacles that make that process difficult to attain, like minimum down payments and bad credit. Those barriers prevent banks from ending up having to sell foreclosed homes.
Nonetheless, those barriers shouldn’t stop you from owning your own condo or townhouse. Through rent to buy and lease to purchase programs with no credit check, you could start working toward owning a house.
A lot of people who rent to own by owner take advantage of Rent to Own Lab’s free listings. Search our website for cheap lease-purchase or lease-option properties near me and see if rent to own could be the right option.
Cities Near Naples
Other Cities in Florida
- Rent to own homes in Jacksonville
- Rent to own homes in Saint petersburg
- Rent to own homes in Hialeah
- Rent to own homes in Orlando
- Rent to own homes in Fort lauderdale
- Rent to own homes in Tallahassee
- Rent to own homes in Hollywood
- Rent to own homes in Gainesville
- Rent to own homes in Port saint lucie