Address
940 Admiralty Parade E, Naples, FL
Price
$ 21,000,000
Property Attributes
  • MLS#226018566
  • TypeLand
  • Listing Status Active
  • CountyCOLLIER
  • CityNaples
  • AreaNA07 - Port Royal-Aqualane Area
  • NeighborhoodPORT ROYAL
  • Zip34102
  • StyleHouse
  • Taxes$ 123015
  • Price$ 21,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Naples Area BOR (NABOR)
Property Description

Positioned along the prestigious waters of Admiralty Bay, this exceptional one-and-one-half lot homesite presents a rare opportunity to create a legacy waterfront residence in one of Naples’ most coveted locations. Boasting highly sought-after southern exposure, the property captures breathtaking panoramic views across the wide waters of Admiralty Bay toward the surrounding natural beauty that defines this extraordinary setting. The expansive dimensions provide an exceptional building envelope capable of accommodating a significant estate residence while maintaining a sense of space and privacy rarely found today. Just moments from Gordon Pass and the Gulf, the location also offers convenient access to Naples’ celebrated inland waterways and some of the most pristine estuaries in the United States. Held for decades by the family of Port Royal’s original developer from the inception of the community until its acquisition by the current owner, the property possesses a unique and storied provenance within the neighborhood. Significant recent investment has further enhanced the offering, including the installation of substantial new riprap along the waterline. A rare opportunity exists to secure one of Port Royal’s most compelling waterfront properties prior to the highly anticipated completion of the new Port Royal Beach Club, scheduled for late 2026. Port Royal Club eligibility further enhances the offering, with the Club’s world-class beach, dining, fitness, and tennis facilities nearby. Just minutes from Naples’ internationally renowned shopping, dining, galleries, and cultural attractions, this extraordinary homesite offers the quintessential Naples lifestyle and an unparalleled opportunity to build a dream residence in one of the most desirable locations in Port Royal.

Price History
5/19/2026 Listed $21,000,000

General Features

Utilities Other
View Bay
Tax Year 2025
Current Use 00-Vacant Residential
Waterfront Features Bay
County Collier
New Construction No
Property Type Land
Association Amenities None
HOA Yes
Attached Garage No
Subdivision Name PORT ROYAL
Possible Use Single Family,Residential
Garage Y/N No
Status Active
City NAPLES
Senior Community Y/N No
MLS Area PORT ROYAL
Lot Size Units Acres
Carport Y/N No
Land Lease Y/N No
Tax Annual Amount 123015.04
Ok to Lease Buyer Finance/Cash
Additional Parcels Y/N No
Structure Type House
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Legal Description ADMIRALTY PARADE SECT PORT ROYAL LOT 19 & SW 1/2 OF LOT 18

Interior Features

Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No

Exterior Features

Water Source Central
Park Name PORT ROYAL
Spa No
Road Surface Type Paved
Frontage Type Bay/Harbor
Waterfront Y/N Yes
Horse Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 34102

Price
AVG $8.43M
$21M
Taxes
AVG $38,005
$123,015
Visits
AVG 317
97
Data Provided by Inside Real Estate®

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