Naples Bay Resort & Marina has sold for $41.25 million to a joint venture led by Pyramid Global Hospitality. The sale transfers ownership of the waterfront resort while keeping its hotel, marina, club and retail components under new management.
A pending $835 million sale of JW Marriott Marco Island would mark Southwest Florida’s largest deal, signaling a shift toward higher-end tourism and rising demand for luxury resorts.
The new owner of Island Plaza is Island Plaza 2025 LLC, with Luigi Carvelli, whose family owns several Marco Island restaurants, mentioned as an authorized agent. However, the definite identity of the plaza's new owner has been kept confidential, with even Carvelli unavailable for comments.
The $71.5 million sale of West End at City Walk in Fort Myers marks an 11% drop from its 2021 price, reflecting a broader “recalibration” in Southwest Florida’s apartment market amid higher interest and vacancy rates.
A $5.3 million sale ended plans for tiny homes on Burnt Store Road in southern Charlotte County. Instead, 252 new houses will rise on the corridor, where residents already worry about traffic, growth and lack of nearby services.
