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5 things to know about the ‘Miracle Mile’ – a redevelopment hotbed in Naples

Mark H. Bickel, Laura Layden | Naples Daily News

There was some big news in the Southwest Florida real estate world on Tuesday.

Naples Daily News business reporter Laura Layden broke a story about a beachfront redevelopment site in Naples, also known as the “Miracle Mile,” fetching more than $100 million.

Layden reported the BH Group and The Kolter Group, both based in South Florida, purchased the Bahama Club, a mid-rise condominium complex, overlooking the Gulf of Mexico. The purchase price: $102.6 million.

View the photo gallery and read 5 Things to know about Naples “Miracle Mile” on naplesnews.com.

To find new construction homes in the Naples-Bonita Springs area contact David at [email protected] or 239-285-1086.

 

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