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Of the 10 most expensive neighborhoods in America, Naples is home to two of them

Of the 10 most expensive neighborhoods in America, Naples is home to two of them

Kendall Little | Naples Daily News

More and more people are flocking to Florida, but it’s not because of low cost of living.

In fact, the cost to live in Florida is 13% higher than the national average. When you zoom into Naples, the cost of living is 9.6% higher than the state average according to BestPlaces.

According to a recent study, Florida is home to seven of the 10 most expensive neighborhoods in the country ― and two of them are in Naples.

Here’s what you need to know about the most expensive neighborhoods locally, statewide, and nationwide.

Ranked at number two: Port Royal, Naples
Yes, you heard us right. Port Royal is the second-most expensive neighborhood in America, only falling behind Gables Estates in Coral Gables.

The average cost of a home in Port Royal is $16,233,953, according to Zillow data.

The luxury neighborhood offers its members multi-million dollar homes, pristine beach access, gourmet dining, and top-notch tennis facilities.

Aqualane Shores ranked at number seven
With an average home cost of $8,507,397, Aqualane Shores came in at number seven out of the 10 most expensive neighborhoods in the country.

Located between Port Royal and Old Naples, Aqualane Shores offers homeowners perfect access to the Gulf of Mexico along with proximity to Third Street and Fifth Avenue shopping districts.

The community is considered one of the most desirable waterfront locations in the city.

What other neighborhoods were ranked?
Of the 10 most expensive neighborhoods in the country, seven call Florida home. Read more on naplesnews.com for the full list.

To view luxury homes currently for sale in Port Royal, Aqualane Shores, and other Naples areas contact David at 239-285-1086 or David@DavidFlorida.com

‘Community jewel’: Reimagining of exclusive club in affluent Naples neighborhood clears hurdle

‘Community jewel’: Reimagining of exclusive club in affluent Naples neighborhood clears hurdle

Laura Layden | Naples Daily News

A bigger and better Port Royal Club is one step closer to reality in Naples.

The city’s planning advisory board voted unanimously Wednesday in favor of the multimillion-dollar project, with a few added conditions.

Built in 1959, the one-story private club, steps from the Gulf of Mexico, served as a social hub for Port Royal residents for decades. The right to membership is one of the reasons the wealthy have flocked to the community, named for the famous Jamaican pirate haven.

Hurricane Ian wrought so much damage to the clubhouse that it could not be salvaged.

The planning advisory board has recommended approval of three petitions for the reconstruction.

City council will hear the petitions on June 19, making the ultimate decision on them.

For the project to move ahead as proposed, council must grant the conditional use for a new two-story clubhouse, and give a thumbs up to site-specific parking plans, including valet services. The roughly 5.5-acre site sits in a public service district, which allows for such a project, with a special exception.

With a West Indies look, fitting of its name, the reimagined clubhouse will meet the latest hurricane standards, while offering a larger footprint, with more dining options. The goal is to preserve the charm of it as much as possible, with a design that will stand the test of time, lasting another 70 years.

The building will be elevated, to meet the current guidelines, established by the Federal Emergency Management Agency.

Dick Del Bello, president of the Port Royal Property Owners’ Association, urged the planning board to support the project, saying his board of directors is wholeheartedly behind it.

The loss of the club, he said, has left a “devastating hole” in the community.

Read the full story on naplesnews.com.

To view luxury homes currently for sale in Port Royal contact David at 239-285-1086 or David@DavidFlorida.com

After remodel, penthouse hits market for $29.5 million at The Regent in Park Shore

After remodel, penthouse hits market for $29.5 million at The Regent in Park Shore

Laura Layden | Naples Daily News

A furnished, Gulf-front penthouse has hit the market for a record price at The Regent in Park Shore.

Its price tag? $29.5 million.

Built in 2002, The Regent, a 24-story tower overlooking the Gulf of Mexico, sitting within the city of Naples, has 37 homes. That includes five penthouses.

Penthouse Three recently listed at an unheard-of price in the high-rise community after a major renovation by Borelli Construction and Calusa Bay Design.

According to the listing agents, the Earls | Lappin Team, with John R. Wood Christie’s International Real Estate, the inside of the residence spans more than 12,000 square feet, with 1,700 square feet of additional outdoor terraces. There are five bedrooms, a study with a private bar, six full- and two half-sized bathrooms, a theater room, a club room with a private fitness studio and a three-car garage, with a private entrance and exit.

View the photo gallery and get the details on naplesnews.com.

To view luxury homes currently for sale in Naples, Bonita Springs, Marco Island, contact David at 239-285-1086 or David@DavidFlorida.com

Top 10: March’s most expensive house sold for staggering $22M in Collier County

Top 10: March’s most expensive house sold for staggering $22M in Collier County

Mark H. Bickel | Naples Daily News

A Naples home is No. 1 on the list for most expensive single-family property transfers in Collier County from March 1-31, 2024.

This home is located at 900 Spyglass Lane in the Port Royal neighborhood. It has five bedrooms and eight bathrooms. It sold for for $22,000,000.

The house previously sold for $4,300,000 in 2005.

See the Top 10 real estate sales in Collier County recorded for March 2024 on naplesnews.com.

To view luxury homes currently for sale in Port Royal contact David at 239-285-1086 or David@DavidFlorida.com

Port Royal compound lists for a record $295 million

Port Royal compound lists for a record $295 million

Laura Layden | Naples Daily News

A posh Port Royal compound in Naples has made national headlines as the most expensive home for sale in America.

A story about the listing first appeared in the Wall Street Journal, offered up as an exclusive to the publication by the seller’s agents. News – and marketing – has spread since then to other national and local media.

The price tag for the property: $295 million.

What’s for sale?
Known as Gordon Pointe, the gated compound stretches a little over 9 acres. It includes about 708 feet of beachfront and Gulf of Mexico views, 952 feet of bay views, an “exclusive and extremely rare” yacht basin, measuring 231 feet, and a T-shaped dock for up to six boats.

What else does it offer?
There is not just one, but three houses on the property, built over time. There is also the potential to redevelop the site, …according to the selling agents.

Read the full story with photos on naplesnews.com.