In 2025, entrepreneur and billionaire David Hoffman bought a newly built estate in Port Royal for $85 million.
It set a new all-time record for a residential sale in Naples.
The record didn’t last long, however, eclipsed by the sale of a larger legacy compound that fetched $225 million in the same month — and in the same exclusive neighborhood, which has long been a magnet for Fortune 500 CEOs, business moguls and other notables of wealth and influence…