The new spec home located at 400 Gulf Shore Drive in Olde Naples sold earlier this month for its asking price of $6,295,000/Turnkey furnished. This was a brand new home designed by Stofft/Cooney and built by BCB Homes. The home consisted of approximately 4,528 square feet under air and was situated on a small 100 X 110 lot just 2 parcels from the sand. The price per foot here was a whopping $1,390 which sets a new high water mark for a non-beachfront home in this area. Further, this represents the second highest sale in all of Olde Naples for 2014 behind the home at 220 North Lake Drive which was sold by myself and Tim Savage of Gulf Coast International Properties. The market in Naples is still accelerating with pre-construction sales becoming more prevalent and land inventory is basically down to almost nothing. Many of our sales in the area at this point are non-publicly listed properties. For more information regarding this sale or privately held listings, contact area expert Rex Miller with Gulf Coast International Properties at 239-821-1433 or [email protected]. Great pride is taken in providing unmatched service, integrity, and results.