Laura Layden | Fort Myers News-Press & Naples Daily News
Waterfront land once owned and roamed by the L.L. Bean family in Naples has sold for $37 million.
The sale, involving multiple parcels, was announced on May 11, marking one the highest residential land sales made through the Southwest Florida Gulf Coast multiple listing service over the past year.
The 1.32-acre property spans from the beach to Gulf Shore Boulevard, sitting at the end of the infamous Fifth Avenue South, renowned for its upscale shopping, fine dining, eclectic art galleries – and interesting architecture and people watching.
The offering consisted of three parcels: 25 Fifth Avenue S., 45 Fifth Avenue S. and 470 Gulf Shore Boulevard S., with the flexibility to build a trio of residences, rather than one sprawling estate on a single lot.
The land includes 130 feet of beach frontage, overlooking the Gulf.
Read the full article and view photos on naplesnews.com.
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