Pelican Bay – Naples, FL – Let’s talk about finding a rental in Pelican Bay for 2016 season. There is not a day that goes by that a potential tenant calls me to see if I know of any rentals for next season. These poor souls should have booked a rental at the end of season 2015 as there are precious few rentals available in Pelican Bay for the 2016 season; especially for only one month.
I do not handle rentals. The focus of my business is real estate listings and sales. I am aware of the rental market because I have family members that I help with rentals. Let me share with you some of my observations about the rental market.
- Within the last few months, I have spoken to many Pelican Bay residents who have rented their units in season. These people have all told me that they will NOT be renting their units out in 2016 as they intend to use their units. Whether their decisions were made because of finally being able to retire or last year’s horrendous winter, owners have deiced to use their units.
- The scarcity of rentals has driven up the rental prices.
- Many potential tenants want to rent only one month. Many condo associations have 60 or 90-day restrictions on the length of the lease.
- Most real estate agencies do not submit rental properties to the MLS as they like to be able to rent the properties within the office. This makes the task of looking for a rental much harder as a potential tenant has to make numerous calls to various agencies to see if an agency has any rental listings.
If you are hoping to find a rental in Pelican Bay for the 2016 season, I would advise you to:
- Start calling or e-mailing real estate offices to see if they have any listings.
- Go online to www.vrbo.com This is a site where owners rent their units without a Realtors help.
The ONLY available rental that I know of, because of a cancellation, is in Avalon in Pelican Bay. This rental is a 90-day minimum rental. The owners will not take a 30 or 60-day rental. It is a 90-day rental.
If you decide that you would rather own than rent in Pelican Bay, I’d be happy to help.
Thinking of selling a home in Pelican Bay? Call or e-mail me at 239-594-2780 or Lynn@NaplesBuys.com I’d be happy to discuss how much your home is worth in today’s market.
Looking to buy in Pelican Bay? Click here: HOME FOR SALE.
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About the author:
Lynn Wilber is a Real Estate Professional who lives in Pelican Bay. Her 37 years of real estate experience and her area expertise have been valuable resources to Pelican Bay Sellers and Buyers. For more information, please contact Lynn Wilber via e-mail at Lynn@NaplesBuys.com or call 239-594-2780.
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