Fort Myers approved an amended plan for Royal Palm Square that expands commercial space and parking, but developers say they no longer need more than 90 additional apartments previously approved for the 14-acre redevelopment.
Tim Savage sits atop Naples’ ultra-luxury real estate market, representing Collier County’s two priciest listings. His $271 million Gordon Pointe listing could become the most expensive home ever sold in the U.S.
Spanning an entire city block, this property at 20 14th Ave. S. in Old Naples went under contract last week. It’s listed at $89 million.
Tim Savage
Known as Gordon Pointe, this $271 million, three-residence compound represents the top of Naples’ ultra-luxury real estate market.
A Naples investor purchased Uptown Center for $26 million, adding another major retail investment along the Immokalee Road corridor. The off-market deal follows Kite Realty Group's recent $65 million acquisition of The Pointe at Founder's Square.
Housing market activity in Southwest Florida is cooling after a 2022 peak, with declines in listings and building permits signaling a market recalibration, according to Florida Gulf Coast University economists. The report projects this slowdown to persist moving forward.
At just 21, Naples Realtor Mario Furillo closed a $23 million condominium sale at Naples Beach Club, A Four Seasons Resort. He calls the deal life-changing and plans to reinvest his commission to build a long-term luxury real estate career.
Higher HOA fees are becoming a bigger factor for Naples-area homebuyers as rising insurance costs, new state laws and community amenities drive up monthly expenses and influence purchasing decisions.
Mike Downer
