A three-parcel beachfront-to-Fifth Avenue South property in Naples sold for $37 million, marking the second-highest residential land sale recorded on the MLS in the past year. This surpasses the previous record by $17.5 million.
High-priced lots of interest are underscoring continued demand for premier beachfront and in-town development opportunities.
The sale involves a single buyer acquiring 25 Fifth Avenue South and 45 Fifth Avenue South along with 470 Gulf Shore Boulevard South, creating a rare continuous stretch from the Gulf to Fifth Avenue…