Collier County waterfront lot — less than half an acre — sells for $6M

A 0.45-acre waterfront parcel on Marco Island has been sold for $6 million — the highest-priced lot sale ever recorded on Hideaway Beach and the last beachfront lot currently available.

Cathy Rogers of Premier Sotheby’s International Realty’s Marco Island office represented the seller. Rebecca Sinatra of Premier Sotheby’s International Realty’s Broad Avenue office brought the buyer. The property, a direct beachfront lot overlooking the Gulf of Mexico, is at 992 Royal Marco Way, according to a statement. As of May 9, the sale hadn’t been entered into the Collier County Property Appraiser’s website. The most recent owner prior to this sale is Robert Porcelli of Kenilworth, Illinois, records show. He’s held the property since at least 2000.