$29,500,000
5 Bed Pool Home for Sale in Port Royal
989 Admiralty Parade, Naples, FL, 34102
About this home
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.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2027
- Interior
- 7,339 sqft
- Lot size
- Not specified
- Acreage
- Not specified
- Garage
- 4 car
- Days on market
- 110
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $413,000/yr
- Flood zone (area est.)
- Yes · High risk (AE)
- Storm protection
- Impact Windows/Doors
- Exposure
- Northwest
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- Yes
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- New construction
- No
- Pets
- Yes
- County
- Collier
Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.
We rate a home against recently SOLD homes within ~1 mile that match on size, beds/baths, and age. This home doesn't have enough close comparables in the last 12 months for a reliable read, ask Rick for a personalized CMA.
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Market trends, Port Royal
Live community medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Up $1,600,000 (5.7%) from the original list price.
| Sep 1, 2026 | Back on market | |
| Aug 28, 2026 | Price increasedfrom $27,900,000 | $29,500,000 |
| Jan 12, 2026 | Listed | $27,900,000 |
The good, the trade-offs & the location
- Built 2027 — post-2002 Florida wind codes (typically lower insurance)
- Private pool
- Waterfront
- Storm protection: Impact Windows/Doors
- 4-car garage
- In a higher-risk flood zone (AE) — flood insurance likely required
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.