Phil Fernandez | Fort Myers News-Press
The honchos behind The Ritz-Carlton Residences, Estero Bay shared this past week that they have 90% sold of its first 22-story edifice and are on a 2026 completion track for it near the western end of Coconut Road in Bonita Springs.
Celebrating with a topping out ceremony for this south tower, London Bay Development Group plans a north twin for an overall total of 224 condos situated within 500 acres of nature preserve, and so far has $600 million in sales.
Read the full article on naplesnews.com.
For more information about buying a home at The Ritz-Carlton Residences, Estero Bay, contact David at David@DavidFlorida.com or 239-285-1086.
Laura Layden | Naples Daily News
A rare piece of Old Naples charm has come to market.
That charm, however, could be lost, with the sale of the property, which has been owned by the same family for decades.
On the property sits a quaint cottage, described as embodying the “charm, craftsmanship and lifestyle of a bygone era.”
The house is more than 85 years old.
Built with locally sourced heart pine and cypress, it has a front porch and a wood-burning fireplace, reminiscent of the old days (before central air and mosquito control made living in Naples year-round much more comfortable).
The sand for the foundation came from local beaches and the trees for the walls came from local suppliers at the edge of town because there wasn’t a highway, or rail line yet to bring in building supplies, said Lodge McKee, the exclusive listing agent with Premier Sotheby’s International Realty in Naples.
It includes a second lot that’s vacant, which could make it more attractive to a buyer looking to build a trophy estate, family compound or generational retreat, rather than to preserve a piece of Naples history, McKee said.
Read the full story and see photos on naplesnews.com.
For more information about buying a home in the Naples, Florida area contact David at David at David@DavidFlorida.com or 239-285-1086.
Laura Layden | Naples Daily News
A penthouse in Naples has quietly listed for $37.5 million.
That makes it the most expensive resale condo on the market in the city.
There is at least one new penthouse going for more, according to the Southwest Florida Multiple Listing Service (MLS). Its price tag: $45 million (for delivery in 2027).
New condos usually don’t appear on the MLS.
Here’s more to know about the renovated move-in ready offering, which could set a new benchmark for its tower and the Naples resale condo market:
Where is it located?
It’s Penthouse 2 at The Regent, a 24-story tower in the Park Shore neighborhood. The tower offers panoramic views of the Gulf of Mexico and Venetian Bay, sitting at 4101 Gulf Shore Boulevard North. In total, the building has 37 condos.
When was it built?
The tower was delivered by The Lutgert Cos. in 2002, but Penthouse 2 has been “completely reimagined,” creating a residence that is “a sanctuary of elegance and comfort, perfectly tailored for modern living,” according to the listing.
How big is it?
The home stretches a little over 12,000 square feet under air. At The Regent, there are five penthouses, on the top five floors, with each condo taking up an entire floor.
Read the full article on naplesnews.com.
If you are looking for a luxury tower condo in Naples, Florida, contact David at David at David@DavidFlorida.com or 239-285-1086.
Laura Layden | Naples Daily News
The “Miracle Mile” in Naples has seen another eye-popping sale.
A beachfront redevelopment site has fetched $92.5 million. The buyer: Kolter Urban, based in Delray Beach on Florida’s east coast.
It’s the second big investment made by the same company along a roughly one mile-stretch of Gulf Shore Boulevard North that has been dubbed the “Miracle Mile,” after showing resilience in the face of so much devastation from Hurricane Ian in 2022.
The area is seeing major changes.
The storm has triggered more redevelopment and a grassroots effort, supported by the city, to rebuild and improve the “public realm.”
With the redevelopment, residents and city leaders see an opportunity to “make lemonade out of lemons,” in a public-private partnership to improve the look and function of the street, creating a marquee entrance into the city. A conceptual plan is in the works.
Kolter’s latest purchase in the area is a 3.07-acre site at 3300 Gulf Shore Blvd. N.
In a statement, Brian Van Slyke, the company’s regional president for the West Coast, said the purchase “represents Kolter Urban’s ongoing commitment to creating exceptional waterfront living experiences.”
The company’s projects include The Ritz-Carlton Residences in Sarasota, Saltaire St. Petersburg, ONE St. Petersburg, and Hyde Park House in Tampa, with other communities currently under development along both coasts of Florida.
Read the full article on naplesnews.com.
If you are looking for waterfront living in Naples, Florida, contact David at 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 Nov. 1-30, 2024.
This home is located at 3401 Rum Row. It has five bedrooms and nine bathrooms.
List price: $35,500,000
Sold price: $29,070,000
Neighborhood/Subdivision: Port Royal
Size: 8,232 square feet
Year built: 2021
Days on market: 80
Amenities: Bayfront, Boat Dock, Private Pool/Spa, Built-In Grill, Outdoor Fireplace
View: Bay
Following are the Top 10 real estate sales in Collier County recorded for November 2024. (Data provided by Royal Shell Real Estate)
Read on naplesnews.com.
For more information about buying a luxury property in the Naples, Florida area contact David at David at David@DavidFlorida.com or 239-285-1086.
Laura Layden | Naples Daily News
A Port Royal estate has sold for more than $29 million, making it the second-highest sale in the ritzy neighborhood this year.
The waterfront estate – at 3401 Rum Row – changed hands for $29,070,000.
The deal closed Nov. 15.
The property, which sits on a 0.62-acre plot, along Galleon Cove, was listed for $34.5 million.
It went pending earlier this year, but that contract fell through after a separate, but related transaction fizzled out, and with it the financing source for the other deal, said C. Lodge McKee II, a global real estate adviser with Premier Sotheby’s International Realty in Naples.
“It wasn’t because of the financial discomfort of anybody,” he said.
He represented the successful buyer of the glitzy estate, spanning 8,232 square feet, with five bedrooms, and nine bathrooms. Described as a “rare offering,” the two-story residence was built in 2021.
Read the full article on naplesnews.com.
For more information about buying a luxury property in the Naples, Florida area contact David at David at David@DavidFlorida.com or 239-285-1086.
