Cha-ching: Remodeled Naples penthouse sells for record $26 million
Laura Layden | Fort Myers News-Press & Naples Daily News
A Naples penthouse has fetched a record price of $26 million.
The selling agents boast that the price is the highest paid for a condo resale in Collier County, based on data culled from the SWFLA MLS (multiple listing service). The next closest sale based on the same data: $19.5 million.
The record-smashing penthouse — Penthouse 3 at The Regent — first listed at $29.5 million. It hit the MLS in March 2024, raising eyebrows, as a then unheard-of asking price in the beachfront high-rise tower.
Built by The Lutgert Cos. and completed in 2002, The Regent, a 24-story tower overlooking the Gulf, sitting within the city of Naples, has 37 homes. That includes five penthouses.
Penthouse Three came to market after a major renovation by Borelli Construction and Calusa Bay Design.
Read the full article on naplesnews.com, be sure to check out the photos!
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