Community Focus: Port Royal Naples FL.
View all current listed homes in Port Royal Naples FL.
Port Royal, Naples is world renowned known for its elegance and fabulous estates and is one of the Premier communities in beautiful Southwest Florida and possibly in the world! Most of the estates in Port Royal are directly on the beach or the bay, the area consists of large estates that are bordered by Gordon Pass to the south, Naples Bay to the east, Gulf of Mexico to the west, and Aqualane Shores to the north. Port Royal is comprised of 500 estates with a history that began in 1956 with homes selling for an unbelievable price of $11,200! Many of the homes have been renovated or torn down and replaced with large elegant estates that would be fit for a king. Residents have VIP membership to the notable and private Port Royal Club. The Club is limited to residents and is one of the world’s most luxurious private clubs. The Club offers formal and informal dining, 425 feet of white, sandy beachfront, Olympic-sized heated swimming pool, recently renovated tennis center and resort style service.
Reported by the Naples Daily News on February 17, 2013, an article states that area builders are investing and building spec homes, with no buyers, in areas such as Port Royal, Aqualane Shores, Coquina Sands and Old Naples. In the past year, high-end custom builders have been purchasing lots and building multi-million dollar homes on them. In some cases, buyers are snatching up the homes even before the building is completed.
Many builders say it’s now a different market because inventory of new and resale homes have decreased, which is driving prices up, and is giving confidence to wealthy buyers who want to invest. Spec home building has also expanded into other communities like Tiburon, Talis Park, Mediterra and many more high end communities.
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