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Real EstateThursday, November 5

A $71 million beachfront estate on Gordon Drive sells in an off-market deal

The Naples Today teamFrom Thursday’s edition · 1 min read · 3 sources

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A newly completed beachfront estate at 2050 Gordon Drive closed for $71 million, one of Naples' largest residential sales this year. Buyer Douglas Schumann, founder and CEO of P-Q Controls, paid $69.4 million for the property and $1.6 million for furnishings.

The estate sold $4 million under its $75 million asking price

Source: The Real Deal

View as table
Value
2022 sale$30 million
Asking price$75 million
Sale price$71 million

“We are witnessing a new era of luxury real estate in Naples, where sales above $60 million happen more than once a year.”

Paul Arpin, Premier Sotheby's International Realty

Premier Sotheby's CEO Budge Huskey said Naples is now competing with Florida's east coast on pricing. A housing scorecard also shows housing starts rose in Naples while falling in the Miami metro, and existing-home sales rose in Naples but fell in the Miami area.

  • Home: seven bedrooms, six-car garage, 9,551 square feet under air
  • Seller: a trust tied to Culligan International's Scott Gibbs Clawson
  • Built by Equinox Construction Group; designed by Stofft Cooney Architects

The estate sold for $7,435 a square foot

$7,435
per square foot, by The Real Deal's math
150 feet
of direct Gulf frontage
1.58 acres
for the gated lot

Sources: Key West Citizen, The Real Deal

Sources: Key West Citizen, The Real Deal, South Florida Agent Magazine

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