Million-Dollar Momentum
Kalea Bay’s Tower 500—a 22‑story luxury residential tower in North Naples—just crossed a major sales milestone. As of mid-July 2025, the development topped $330 million in total sales, with 66 of the 120 units already sold, putting it on pace to sell out before construction wraps in September 2025.
Specs & Specs to Know
The final building in the Kalea Bay complex, Tower 500 offers Gulf views, floor-to-ceiling windows, lanais, and ultra‑lux finishes. Prices start around $3.5 million per unit, reflecting high demand among buyers seeking premium SWFL coastal residences.
A Reflection of Market Strength
Even as broader housing markets show signs of cooling, Naples’ ultra-luxury real estate is bucking the trend. Kalea Bay’s sales success follows record-breaking momentum at other high-end projects in the region:
- Ritz‑Carlton Residences Estero Bay recently surpassed $700 million in sales.
- Trio of Port Royal waterfront homes brought in $225 million in April.
Read more on naplesnewsnow.com.
Are you seeking a luxury home in the Naples – Bonita Springs, Florida area? Contact David at David@DavidFlorida.com or 239-285-1086.
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 June 1-30.
The property, located at 3200 Gin Lane in the Port Royal neighborhood, sold for $26,400,000. The list price was $29,450,000. It has six bedrooms and eight bathrooms.
Following are the Top 10 real estate sales in Collier County recorded for June 2025:
(Data provided by Royal Shell Real Estate)
1. 3200 Gin Lane, Naples
List price: $29,450,000
Sold price: $26,400,000
Neighborhood/Development: Port Royal
Size: 8,943 square feet
Year built: 2024
Days on market: 181
Amenities: Bayfront, Private Pool/Spa, Built-In Grill, Outdoor Fireplace
View: Bay
Read the full list of most expensive single-family property transfers in Collier County from June 1-30 on naplesnews.com.
Are you seeking a luxury home in the Naples – Bonita Springs, Florida area? Contact David at David@DavidFlorida.com or 239-285-1086.
Laura Layden | Naples Daily News
The Harbour Club looks much like it did after Hurricane Ian.
Ravaged by the deadly and destructive storm in 2022, the twin low-rise residential buildings are a sore reminder of the past.
Not for long.
After failed attempts to restore the co-op buildings by its collective owners, a local group of investors has acquired the bayfront property — at 1624 Gulf Shore Blvd. N. in Naples — with plans to redevelop it.
The plans: To build an “exclusive collection of premium condominiums” that look more like single-family homes, with prices that are more affordable to more people.
The property is within a roughly 1 mile stretch of road, dubbed the “Miracle Mile” after it showed so much resilience in the face of so much devastation from Ian. The area is seeing big changes, with a flurry of new development, as it recovers and evolves in the aftermath of the storm.
Last developed in the 1960s, the property, in Coquina Sands, overlooking Hurricane Harbor, sold for $17.5 million.
Read more about the Harbour Club redevelopment on naplesnews.com.
Are you in owning a luxury home in the Naples, Florida area? Contact David at David@DavidFlorida.com or 239-285-1086.
Laura Layden | Naples Daily News
Marco Island saw two record home sales this season.
One for a single-family estate, the other for a villa.
While they may not come close to the whopping home sales made in Naples, they’ve moved the needle on the island.
Typically, the busy season runs from November to April in Southwest Florida, bringing more buyers to town.
As season wound down, Marco Island saw a $6.35 million sale for a 4,125-square-foot, five-bedroom single-family home, with five-and-a-half bathrooms, plus a den. Located at 40 Primrose Court, its price made it the highest sale for a “water indirect” property on the 6 x 4 mile island ever.
Read more about Marco Island properties on naplesnews.com.
Are you seeking a luxury home in the Marco Island, Florida area? Contact David at David@DavidFlorida.com or 239-285-1086.
Liz Freeman | Naples Daily News
Your heart will skip a few beats over a residential real estate sale in Naples for $225 million.
Three adjacent beachfront properties in exclusive Port Royal have sold for the combined price tag representing the priciest deal in Naples.
It sets a new and unfathomable benchmark that will be hard to surpass given its uniqueness.
The three properties – all on Gordon Drive ‒ span 15 acres, with 800 feet of direct Gulf frontage.
The buyer has not been disclosed and is listed in warranty deed documents as the 2200 Gordon Drive Land Trust. Naples attorney Kevin Coleman is trustee.
Michael McCumber of The McCumber Group at Gulf Coast International Properties brokered the sale.
Find out more about these properties on naplesnews.com.
Are you seeking a luxury home in the Bonita Springs – Naples, Florida area? Contact David at David@DavidFlorida.com or 239-285-1086.
Laura Layden | Naples Daily News
As part of a growing trend, an ultra-luxury waterfront estate in Bonita Bay has been put on the auction block.
The estate has been offered up via an online auction.
The local broker says it’s a first for Bonita Bay, the 2,400-acre, golf-oriented, gated community in Bonita Springs that opened for sales in 1985.
One-of-a-kind real estate
FRE Auctions is doing the auction, in partnership with Spina Realty Company, the broker. In a crowded market, they say it’s a transparent, efficient and competitive way to buy and sell one-of-a-kind real estate.
“It’s a very expensive house, actually,” said Corrie Brashars, an auction specialist for FRE, headquartered in California.
See the photo gallery and read more about this home built by Harwick Homes in 1994, the 7,838-square-foot residence has four bedrooms and seven bathrooms, including two half-baths. It has a home theater, gym and private study.
One of its most unique offerings: A resort-style pool that includes waterfalls and a swim-up bar… naplesnews.com.
Are you seeking a luxury home in the Bonita Springs – Naples, Florida area? Contact David at David@DavidFlorida.com or 239-285-1086.
