search

The Real Deal Logo

Trending

LA court strikes down SB9 law allowing single-family lot splitsLA court strikes down SB9 law allowing single-family lot splitsTides’ original investors may be wiped out by preferred equity dealTides’ original investors may be wiped out by preferred equity dealLandlords to Rent Board: The Bronx will burn againLandlords to Rent Board: The Bronx will burn againMicrosoft shedding office leases to save $1.5B a year in rentsMicrosoft shedding office leases to save $1.5B a year in rents
Residential
South Florida

Mansion’s $48.8M price is the highest ever for a home in Collier County

But the buyer may have gotten a bargain by paying 25 percent below the $60.8M asking price for the 9,394-square-foot beachfront residence

2500 Gordon Drive in Naples (Credit: Realtor.com)
2500 Gordon Drive in Naples (Credit: Realtor.com)

A beachfront mansion in Naples sold for $48.8 million, the highest price ever paid for a Collier County residence – but a bargain, compared with the asking price.

The buyer of the 9,394-square-foot Port Royal mansion paid a price that was 25 percent off the $60.9 million asking price.

A confidentiality agreement prevents disclosure of the identities of both the buyer and the seller, according to Vicki Tracy, chief operating officer of brokerage firm Gulf Coast International Properties.

Sign Up for the undefined Newsletter

An agent of the brokerage firm, Michael A. McCumber, had the listing for the five-bedroom, six-bathroom house at 2500 Gordon Drive in Naples.

Public records show that the buyer is Kevin G. Coleman, a trustee acting on behalf of the 2500 Gordon Land Trust. Coleman is a shareholder and founding member of law firm Coleman Yovanovich and Koester.

In 2015, a previous owner sold the mansion to a limited liability company, Gordon 2500 LLC, for $45.6 million.

In 2007, Arthur Allen, who founded software firm ASG Technologies, bought the residence for $40 million. Allen’s wife was one of the stars of a reality television show called “Paradise Coast Wives,” which featured the home as the backdrop of several episodes. [Naples Daily News] – Mike Seemuth

Tags
MansionsNaples