Residences at Coconut Point (ESTERO)
According to the Naples Daily News, Roy and Debra Locascio are among more than 70 buyers who have purchased condominiums at The Residences at Coconut Point within the past 18 months, and they love living there.
“We downsized from a big house in Naples after our son went off to school,” said Roy Locascio. “We moved in two months ago. It’s really a nice experience to live here.”
“The location is exceptional”, said Roy, who with his wife owns two businesses in Southwest Florida. “There are countless restaurants, shopping, a supermarket, a movie theater. You have everything you need within walking distance. And the price, compared to other condominiums we looked at, was a terrific value.”
The Residences at Coconut Point is like a small city all to itself — but without any of the downside of urban living. Residents live steps away from dozens of shops, cafes, and restaurants. The development is integrated into Simon’s upscale Coconut Point shopping center. A car isn’t even needed, though all units come with secure garage parking.
There are 290 luxury residences in eight, three-story buildings. Several of the buildings house both shops and residences, with condominiums on the second and third floors, above the shops.
The Residences at Coconut Point is one of the top selling communities in Southwest Florida, according to data provided by Sunshine Multiple Listing Service.
In the criteria of Residential Real Estate in Lee and Collier counties, not including single-family and manufactured homes, The Residences at Coconut Point ranked second in closed sales since January.
“We knew we were performing well, but we were surprised at how well,” said Tony Rodriguez, director of sales.