About this home
One or more photo(s) has been virtually staged, AI generated or rendered. Discover an extraordinary opportunity to secure this custom waterfront residence set along 120 feet of waterfrontage in Naples’ prestigious Port Royal community. Currently under construction and expected to be completed by year-end 2027, this property offers immediate membership eligibility to the highly anticipated reopening of the new Port Royal Club upon purchase. Envisioned by MHK Architects, the residence encompasses 7,339 sq ft under air and nearly 9,989 sq ft under roof, blending timeless coastal architecture with a highly tailored, amenity-rich floor plan. A newer dock with two lifts can accommodate a fleet of up to three vessels allowing boaters to take advantage of this locations, swift bridgeless access to the Gulf. The main level is designed for effortless entertaining, centered around an open great room, dining area, chef’s kitchen with walk-in pantry/back kitchen, bar, study, and a private owner’s retreat with dual closets, spa-style bath, and dedicated outdoor living area. Walls of glass connect the interiors to a resort-inspired outdoor setting featuring a covered living area with fireplace, pool bath, summer kitchen/grill area, pool, spa, and generous terraces. A four-car garage, two laundry areas, mudroom, and elevator further enhance everyday convenience. The upper level offers a VIP suite, three additional bedrooms, upper great room, laundry, built-in storage, and multiple balconies—creating exceptional flexibility for family and guests. With refined architectural detailing and an elevated waterfront lifestyle setting, this remarkable residence represents a rare opportunity to own a new Port Royal home designed for both grand entertaining and relaxed Naples living.
Listing last checked: Listing updated:
Listed by Paul Arpin, Michael Giacalone · Premier Sotheby's Int'l Realty · MLS #226001340
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Details at a glance
Interior4 property facts
- Rooms
- 0
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
- Flooring
- Wood
Building4 property facts
- Style
- Single Family Residence
- Year built
- 2027
- Garage
- 4
- Roof
- Built-Up, Flat, Tile
Land & utilities4 property facts
- Lot size
- 0 acres
- Water
- Public
- Sewer
- Public Sewer
- Waterfront
- Y
Financial3 property facts
- Annual taxes
- $63,211
- Assessment year
- 2025
- HOA fee
- $0 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $29,500,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$154,436 / monthAdjust
- Principal & interest
- $149,168
- Property tax
- $5,268
- Insurance
- Not entered
- HOA
- $0
Listing annual taxes: $63,211. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.
Partial estimate: add insurance to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Sld
$3,575,000 · Sold $3,100,000 · Oct 7, 2011
- Sld
$3,800,000 · Sold $2,750,000 · Dec 9, 2009
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About 989 Admiralty Parade E
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