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Realty Check: What Your Money Will Buy

Southwest Florida is home to some of the nicest real estate in the country. Thinking about buying  a slice of paradise? Find out here how much you'll have to hand over to be able to afford the toniest homes in the area. 

$8.6 million

The home at 16428 Captiva Drive sold on July 15 for $8.6 million—the highest recorded sale in the Sanibel and Captiva area in seven years. “This particular sale is the most stunning, breathtakingly beautiful home,” says Jane Reader Weaver, who listed the property with Wil Rivait on behalf of Premier Sotheby’s International Realty. The ultramodern abode, which sits on 1.84 acres and comprises seven bedrooms, eight full baths and two half baths, contrasts the many cottage-style homes found on the secluded Captiva Island. The interior features a great room with captivating views of the Gulf, a gourmet chef’s kitchen with a wine cooler, a dumbwaiter, an elevator, a surround-sound theater and an arcade game area. Outside, a large pool and spa face the beach. Built in 2002, the 12,000-square-foot home previously received an Aurora Award for innovative design. “The soaring ceilings, open winding staircase and then the pool itself is just unreal,” Reader Weaver says. A short bike ride through paths lined with tropical trees that hang overhead leads to a quaint downtown village with restaurants, a library and boutiques. Buyer information is being kept strictly confidential, but the new residents can surely take pleasure in the home’s unique design and lushly vegetated surroundings.

$2.95 million

The single-family estate at 32 Sixth St. S. in Naples closed in June, making it the first “real sale” in the newly developed seven-home enclave of The Gables on Sixth. “It was the first one to go on the market and came as a resale after being completed in 2012,” says Cheryl Turner, who listed the property with Premier Sotheby’s International Realty. Naples Redevelopment Inc. partnered with Harrell and Associates to build and design the row of homes and give them a modernized yet classic Florida feel. “It’s a preserved Old Naples theme in the downtown Naples area,” Turner says. Highlights of the 3,242-square-foot estate include three bedrooms, three and a half baths, a wine cellar, stone and wide-plank wood flooring, and an outdoor living area that features a swimming pool and deck with glass inserts. Surrounding the home is “a beautiful preserve with incredible landscaping,” Turner says. The buyers purchased it as a secondary property and do not plan to make significant changes.

$1.6 million

The ranch-style dwelling at 15295 Pembroke Point is nestled within the gated community of Audubon Country Club in Barefoot Beach. The home boasts an open floor plan with four bedrooms opposite the master suite, but the most alluring element lies elsewhere. “There’s a spectacular kitchen with granite that is so rare only a contractor can probably get it,” says Susan Owens, who listed the property on behalf of the Susan Owens Team at Amerivest Realty. The seller, a general contractor from Chicago, remodeled the home and equipped the kitchen with “all the highest-end appliances, three ovens … and cabinetry made by Wood-Mode, which is one of the highest types of cabinetry that you can get,” Owens says. Other features of the 4,018-square-foot property include fairway and pond views, tropical wood ceilings on the lanai, a free-form pool, and an outdoor bar with a countertop designed with broken bottles. “It’s also great because you can walk or bike to Barefoot Beach, and you’re close to Mercato and midway between Coconut Point and Fifth Avenue,” Owens says.

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