989 Admiralty Parade E – #226001340

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989 Admiralty Parade E, Naples, FL 34102

$29,500,000 For Sale

Beds
5
Baths
6½
Sq Ft
7,339
Built
2027

MLS# 226001340 183 days on market

Fees & taxes

Seller’s 2025 taxes
$63,211

Community

Port Royal

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Listing description

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

Building & ownership

Ownership
Single Family
Furnishings
Negotiable
Building style
Two Story, Single Family
Floor plan
Great Room, Split Bedrooms, 2 Story
Construction
Concrete Block, Wood Frame, Stucco
Roof
Built-Up, Tile
Lot size
0 acres
Lot description
Cul-De-Sac

Interior

Features
Built-In Cabinets, Fireplace, Foyer, French Doors, Pantry, Smoke Detectors, Vaulted Ceiling(s), Volume Ceiling, Walk-In Closet(s), Wet Bar
Flooring
Wood
Cooling
Central Electric
Additional rooms
Balcony, Den - Study, Great Room, Guest Bath, Guest Room, Laundry in Residence

Kitchen & dining

Appliances
Dishwasher, Double Oven, Dryer, Microwave, Range, Refrigerator, Washer, Wine Cooler

Outdoor & view

View
Canal, Water
Rear exposure
Northwest
Exterior
Boat Lift, Dock Included, Balcony, Outdoor Kitchen
Storm protection
Impact Resistant Doors, Impact Resistant Windows

Parking

Garage
Yes
Car port
No
Spots
4
Description
Attached

Pool & spa

Private pool
Yes
Private spa
Yes
Pool description
Below Ground
Spa description
Below Ground

Waterfront

Waterfront
Yes
Description
Canal Front
Gulf access
Yes
Gulf access type
No Bridge(s)/Water Direct
Canal
Canal Width 81-120
Boat / dock
Boat Lift, Dock Included

Community amenities

Amenities
None
Elevator
Private

What the fees cover

Maintenance
None

Pets & leasing

Pets allowed
Yes
Restrictions
Architectural, Deeded

Additional details

Parcel number
16810320003
Potential short sale
No

Listing last updated October 19, 2026

Listing courtesy of Premier Sotheby's Int'l Realty · 239-434-2424

Property taxes for a new owner

Estimated property taxes about $58,700 a year at the county’s value of this home and its 0.90% tax rate, no exemptions applied

That is about the same as the seller’s bill on the county’s 2026 roll.

If you make this home your primary residence, a homestead exemption would lower this figure. If you have also had a Florida homestead in any of the last three years, you may be able to carry up to $500,000 of its capped-value savings to this home, which Florida calls “portability.” Both are applied for with the Property Appraiser by March 1.

How a new owner’s property taxes are set is explained in the Costs & Taxes chapter of the 2027 Naples Buyer’s Guide.

Estimated from the Collier County Property Appraiser’s 2026 value of this home and its tax rate. The county sets a new value each January 1, so a new owner’s first full bill can differ.

Destinations & driving times from 989 Admiralty Parade E

Every destination named here is described in the Destinations chapter of the 2027 Naples Buyer’s Guide.

Driving times are estimated from this home’s location, using OpenStreetMap road data.

Dining & Shopping near 989 Admiralty Parade E – #226001340, by driving distance
NameMilesETA
Third Street South 3 mi 10 min
Fifth Avenue South 4.2 mi 13 min
Coastland Center 6.6 mi 19 min
Venetian Village 8.5 mi 22 min
Waterside Shops 9.2 mi 23 min
Mercato 12 mi 27 min
Galleria Shoppes at Vanderbilt 12.7 mi 30 min
Coconut Point 22.5 mi 43 min
Miromar Outlets 29.4 mi 48 min
Gulf Coast Town Center 33.8 mi 52 min

Flood zones & evacuation

Two different things, measured by two different agencies. Evacuation zones are about storm surge and who leaves first. Flood zones are FEMA’s insurance rating, and they vary from home to home.

Hurricane evacuation zone

Zone A Collier

The first zone ordered to evacuate, and the one called in the weakest storms.

Called firstCalled last
FEMA flood zone

Zone AE

1% annual chance, with a set base flood elevation

The lot is inside a Special Flood Hazard Area, where a federally backed mortgage requires flood insurance.

FEMA flood maps and Collier County Emergency Management. A revised Collier County flood map is in preparation and may change these zones.

A starting point, not a determination. Your lender will require its own flood zone determination before closing, and your insurer will normally require an elevation certificate — a surveyor’s measurement of how high the building actually sits — before quoting. Those documents govern; this does not replace either. Zones can also be amended individually through FEMA.

Flood zones, evacuation, and insurance are explained in the Risk, Resilience & Insurance chapter of the 2027 Naples Buyer’s Guide.

Flood zones across Port Royal

Jeffrey Waldman

Jeffrey Waldman

REALTOR® and Owner, Naples Abodes

Call (239) 450-3763 Text (239) 450-3763

Florida License SL3295589

“…an absolutely terrific real estate agent.”
Jim & Carmen Kosloski

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