Naples apartment complex sells to New York investor

The 63-unit Residences on 16th in Naples has sold.
The 63-unit Residences on 16th in Naples has sold.
Image courtesy of Marcus & Millichap
  • Charlotte–Lee–Collier
  • Share

The Residences on 16th, a 63-unit multifamily community in Naples, has sold for $12.54 million. 

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news
Subscribe

Already subscribed? Sign in.

Latest News

  • March 19, 2026
Hoffmann Family sets opening date for Naples boutique
  • March 19, 2026
Luxury Naples community sells $50M in homes in first two months of 2026
  • March 19, 2026
Water slides, bowling, go-karts and lots more coming to Lakewood Ranch
  • March 19, 2026
Downtown Sarasota apartment project would replace breakfast restaurant

Sponsored Content