Despite National Economic Concerns, 2 Closed Sales in Port Royal North of $10 Million Inside Last Week


It's business as usual in Port Royal, Olde Naples, Aqualane Shores, and the outlying Naples waterfront communities. Despite the nation's growing economic concerns and the recent dip in the market, in what has traditionally been a slow summer month for sales, Port Royal has had 4 closed sales in the last two weeks - two of which closed for over $10 million this past week. 3760 Fort Charles Drive, a 14,000 square foot estate built in 2002 and situated on a wide water lot, sold for $15,000,000.00 last Friday. Following that, 3775 Rum Row, also built-in 2002 and coming in with just under 9700 square feet of living space, closed on Wednesday for $10,450,000.00. With these numbers and high-end inventory moving in a typically quiet time of the year this area is yet again proving its insulation and long-term investment value. For more information on closed sales or existing inventory in the area contact Andrew Arreola at 239-821-3560 or [email protected].


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