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Waterfront Naples condo sells for $6M, beats building record by $1M


The condo in Le Perle at the Moorings comes with a boat dock.
The condo in Le Perle at the Moorings comes with a boat dock.
Photo by Eddel Martinez
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A condo on “Millionaire’s Row” in Naples has sold for $6.05 million. It marks the highest resale so far in the luxury waterfront condominium building La Perle, completed in 2022 as one of few new construction buildings in the area, according to a statement. 

This third-floor corner residence — 1820 Gulf Shore Blvd., Unit 301 — has a private elevator and nearly 3,000 square feet of living space. A chef’s kitchen and private terrace with water views are among the highlights.

"The details of the condo were superb. For instance, the backsplash for the kitchen was brought from the Miami Ann Sacks tile store," says agent Karen Majerczak, who represented the seller. "The views on the north side of the building were sought after."

The 3-bedroom, 3.5-bathroom condo also features two assigned parking spots, guest parking and a boat dock.

At La Perle, owners can take advantage of a putting green, pool and rooftop deck as well. Condo fees are more than $9,900 a quarter.

The kitchen flows into the living and dining areas in the condo on Gulf Shore Boulevard North in Naples.
Photo by Eddel Martinez

Unit 301 was on the market for 20 days before it sold for $6.05 million, according to the listing. It was originally listed for $6.4 million, according to Majerczak. The buyer was not disclosed.

"It was a 1031 exchange and so we closed due to this (early)," Majerczak says.

Yale Investments, based in Waxhaw, N.C., was the seller, according to Collier County property records. The company purchased the property in June 2022 for $5.25 million. 

A similar unit on the second floor sold for $5.4 million in May, property records show.

 

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Elizabeth King

Elizabeth is a business news reporter with the Business Observer, covering primarily Sarasota-Bradenton, in addition to other parts of the region. A graduate of Johns Hopkins University, she previously covered hyperlocal news in Maryland for Patch for 12 years. Now she lives in Sarasota County.

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