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Naples Estate Sells for $225 Million, Sets Florida Record

4/27/2025

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Summary

Story summary

A Naples, Florida waterfront estate sold for $225 million, becoming the second-highest home sale in U.S. history.
This transaction establishes a new record for home sales in Florida.
The seller is associated with the DeGroote family from Canada.
The 15-acre property features multiple residences and was initially listed for $295 million in February 2024.
The DeGroote family started acquiring the compound in the 1990s.

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Story summary

A Naples, Florida waterfront estate sold for $225 million, becoming the second-highest home sale in U.S. history.
This transaction establishes a new record for home sales in Florida.
The seller is associated with the DeGroote family from Canada.
The 15-acre property features multiple residences and was initially listed for $295 million in February 2024.
The DeGroote family started acquiring the compound in the 1990s.