For sale Home

Listed Jan 12, 2026

$29,500,000 Est. $195,116/mo

989 Admiralty Parade East

  • 5

    Beds

  • 7

    Baths

  • 7,339

    Sq ft

The story

  • Pool
  • Waterfront

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.

Facts & features

Home type

Home

Year built

2027

Floors

2

Price per sq ft

$4,020

Parking

4-car garage

Included features

  • Pool

    Yes

  • Fireplace

    Yes

  • Cooling

    Central Air, Electric

  • Heating

    Central, Electric

  • Appliances

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

  • Flooring

    Wood

  • Roof

    Built Up, Flat, Tile

  • Lot Information

    Cul De Sac

  • Exterior

    Deck, Security High Impact Doors, Outdoor Kitchen

  • Water Source

    Public

  • Sewer

    Public Sewer

  • View

    Water

Mortgage calculator

Estimated monthly payment

$195,116 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $157,011
  • Property tax $29,500
  • Insurance $8,604

Includes principal, interest, taxes & insurance.

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Listing Broker

Premier Sotheby's Int'l Realty

Broker Name

Premier Sotheby's Int'l Realty

Agent

Paul Arpin