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Luxury market levels off: Southwest Florida’s top home sales in 2023

Laura Layden | Naples Daily News

In the aftermath of Hurricane Ian, Naples saw trophy mansions list at never-before-seen prices.

In March, a sprawling waterfront estate hit the market for more than $174 million in the posh neighborhood of Port Royal.

It’s still for sale.

So, too are other rare luxury properties that had the potential to break Collier County’s record home price of $62 million – set in 2022.

That record broke the previous one by $10 million.

“That’s a testament to the property, and to the market at the time,” said Paul Arpin, the listing agent, with Premier Sotheby’s International Realty. “It’s still the top sale.”

With six bedrooms and 11 bathrooms, the resort-style, Gulf-front retreat, with a living area of more than 11,800 square feet under air, in Aqualane Shores, one of the most coveted neighborhoods in Naples, sold at its asking price.

Admittedly, the uber-luxury home market wasn’t as hot in 2023, Arpin said.

“It’s probably fair to say that the market has taken a break, and it has leveled off,” he remarked. However, 2023 still brought a few whopping sales. In fact, Arpin sold one of the two highest money-getters in Collier County last year, for $32.5 million, no chump change.

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