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For sale
    • $29,500,000

    989 Admiralty Parade E, NAPLES, FL 34102

    5beds
    7,339sqft
    : 
    $188,472/mo
    Get pre-qualified
    Single Family Residence
    Built in 2027
    -- sqft lot
    $-- Zestimate®
    $4,020/sqft
    $-- HOA

    What's special

    Three additional bedroomsGenerous terracesFour-car garageResort-inspired outdoor settingSpa-style bathCustom waterfront residenceBuilt-in storage
    One or more photo(s) has been virtually staged, AI generated or rendered. Discover an extraordinary opportunity to secure this custom waterfront residence set along 120 feet of waterfrontage in Naples’ prestigious Port Royal community. Currently under construction and expected to be completed by year-end 2027, this property offers immediate membership eligibility to the highly anticipated reopening of the new Port Royal Club upon purchase. Envisioned by MHK Architects, the residence encompasses 7,339 sq ft under air and nearly 9,989 sq ft under roof, blending timeless coastal architecture with a highly tailored, amenity-rich floor plan. A newer dock with two lifts can accommodate a fleet of up to three vessels allowing boaters to take advantage of this locations, swift bridgeless access to the Gulf. The main level is designed for effortless entertaining, centered around an open great room, dining area, chef’s kitchen with walk-in pantry/back kitchen, bar, study, and a private owner’s retreat with dual closets, spa-style bath, and dedicated outdoor living area. Walls of glass connect the interiors to a resort-inspired outdoor setting featuring a covered living area with fireplace, pool bath, summer kitchen/grill area, pool, spa, and generous terraces. A four-car garage, two laundry areas, mudroom, and elevator further enhance everyday convenience. The upper level offers a VIP suite, three additional bedrooms, upper great room, laundry, built-in storage, and multiple balconies—creating exceptional flexibility for family and guests. With refined architectural detailing and an elevated waterfront lifestyle setting, this remarkable residence represents a rare opportunity to own a new Port Royal home designed for both grand entertaining and relaxed Naples living.
    7 days
    591
    15

    Zillow last checked:

    Listing updated:

    Listed by:

    Paul Arpin 239-877-4450,

    Premier Sotheby's Int'l Realty,

    Michael Giacalone 239-431-0321,

    Premier Sotheby's Int'l Realty

    Source: SWFLMLS,MLS#: 226001340MLS LogoOriginating MLS: Naples

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 7
      • Full bathrooms: 6
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Balcony, Den - Study, Great Room, Guest Bath, Guest Room, Screened Lanai/Porch, 5 Bedrooms Plus Den
      Dining room
      • Features: Eat-in Kitchen, Formal
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Gas Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
      • Laundry: Inside, Laundry Tub
      Features
      • Built-In Cabinets, Cathedral Ceiling(s), Fireplace, Foyer, French Doors, Laundry Tub, Pantry, Smoke Detectors, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Balcony, Den - Study, Great Room, Guest Bath, Guest Room, Laundry in Residence, Screened Lanai/Porch
      • Flooring: Wood
      • Doors: French Doors, Impact Resistant Doors
      • Windows: Impact Resistant Windows
      • Has fireplace: Yes
      • Fireplace features: Outside
      Interior area
      • Total structure area: 9,989
      • Total interior livable area: 7,339 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Attached
      • Attached garage spaces: 4
      Features
      • Levels: Two
      • Stories: 1
      • Patio & porch: Deck, Screened Lanai/Porch
      • Exterior features: Dock, Balcony, Outdoor Kitchen, Boat Lift
      • Has private pool: Yes
      • Pool features: In Ground
      • Has spa: Yes
      • Spa features: In Ground
      • Has view: Yes
      • View description: Canal, Water
      • Has water view: Yes
      • Water view: Canal,Water
      • Waterfront features: Canal Front
      Lot
      • Features: Cul-De-Sac
      Details
      • Additional structures: Outdoor Kitchen
      • Parcel number: 16810320003

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Block, Frame, Stucco
      • Foundation: Concrete Block
      • Roof: Built-Up,Tile
      Condition
      • New construction: No
      • Year built: 2027

      Utilities & green energy

      • Water: Central

      Community & HOA

      Community
      • Features: Boating
      • Security: Smoke Detector(s)
      • Subdivision: PORT ROYAL
      HOA
      • Has HOA: No
      • Amenities included: None
      Location
      • Region: Naples

      Financial & listing details

      • Price per square foot: $4,020/sqft
      • Tax assessed value: $7,705,813
      • Annual tax amount: $63,211
      • Date on market: 1/12/2026
      • Lease term: Buyer Finance/Cash

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/1/2026Listed for sale$29,500,000+5.7%$4,020/sqft
        Source: SWFLMLS #226001340 Report a problem
        5/2/2026Listing removed$27,900,000$3,802/sqft
        Source: SWFLMLS #226001340 Report a problem
        1/12/2026Listed for sale$27,900,000+106.7%$3,802/sqft
        Source: SWFLMLS #226001340 Report a problem
        1/12/2026Listing removed$13,500,000$1,839/sqft
        Source: SWFLMLS #225079524 Report a problem
        11/13/2025Listed for sale$13,500,000-51.6%$1,839/sqft
        Source: SWFLMLS #225079524 Report a problem
        8/11/2025Listing removed$27,900,000$3,802/sqft
        Source: SWFLMLS #225064240 Report a problem
        7/22/2025Listed for sale$27,900,000+193.7%$3,802/sqft
        Source: SWFLMLS #225064240 Report a problem
        1/30/2025Sold$9,500,000+206.5%$1,294/sqft
        Source: Public Record Report a problem
        11/19/2012Sold$3,100,000-13.3%$422/sqft
        Source: Public Record Report a problem
        11/3/2012Pending sale$3,575,000$487/sqft
        Source: Listhub #211514723 Report a problem
        5/1/2012Price change$3,575,000-0.3%$487/sqft
        Source: Listhub #211514723 Report a problem
        4/3/2012Price change$3,585,000-2.7%$488/sqft
        Source: Listhub #211514723 Report a problem
        2/9/2012Price change$3,685,000-21.6%$502/sqft
        Source: Listhub #211514723 Report a problem
        3/27/2011Price change$4,700,000+27%$640/sqft
        Source: Visual Tour #210030117 Report a problem
        12/25/2010Listed for sale$3,700,000-21.3%$504/sqft
        Source: Prudential Florida Realty #210030117 Report a problem
        11/8/2010Listing removed$4,700,000$640/sqft
        Source: Prudential Real Estate #210030117 Report a problem
        9/17/2010Listed for sale$4,700,000+70.9%$640/sqft
        Source: Prudential Florida Realty #210030117 Report a problem
        8/18/2010Sold$2,750,000-27.6%$375/sqft
        Source: Public Record Report a problem
        5/14/2010Price change$3,800,000-13.6%$518/sqft
        Source: Prudential Real Estate #209042904 Report a problem
        3/6/2010Price change$4,399,000-12%$599/sqft
        Source: Prudential Real Estate #209042904 Report a problem
        12/19/2009Listed for sale$5,000,000$681/sqft
        Source: Prudential Real Estate #209042904 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$63,211 -1.3%$6,344,529 +10%
        2024$64,035 -4.5%$5,767,754 +10%
        2023$67,087 +21.8%$5,243,413 +10%
        2022$55,092 +23.9%$4,766,739 +10%
        2021$44,467 +6.7%$4,333,399 +6.8%
        2020$41,681 +1.5%$4,055,622 +10%
        2019$41,082 +19.6%$3,686,929 +10%
        2018$34,336 $3,351,754 -20.8%
        2017$34,336 -23.4%$4,234,028 +10%
        2016$44,819 +12.5%$3,849,116 +6.7%
        2015$39,823 -7.3%$3,606,527 +10%
        2014$42,974 +32.7%$3,278,661 +10.3%
        2013$32,390 +21.8%$2,972,518 +24.6%
        2012$26,598 +2%$2,385,601 +0.9%
        2011$26,079 +121.7%$2,364,661 +114.6%
        2010$11,762 +6.7%$1,101,918 +2.8%
        2009$11,020 $1,071,634 -4.4%
        2008$11,020 -6.8%$1,120,513 +3%
        2007$11,827 -2.6%$1,087,877 +2.5%
        2006$12,144 $1,061,343 +3%
        2005$12,144 +1.9%$1,030,430 +3%
        2004$11,914 +0%$1,000,417 +2.4%
        2003$11,908 +1.2%$977,320 +2.4%
        2002$11,772 -42.7%$954,414 +17%
        2001$20,529 +101.8%$815,689
        2000$10,174 --
        Find assessor info on the county website

        Monthly payment

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Port Royal

        Getting around

        5 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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