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Naples investors buy hurricane-torn, time-worn Harbour Club for $17.5 million. What’s next?

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.

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