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The most expensive neighborhoods are no longer in New York and San Francisco as many billionaires and celebrities have chosen to relocate to South Florida!
Neighborhoods have undergone an intriguing shift, and elites are now turning towards Port Royal in Naples Florida as their preferred location. More often than ever they have chosen their next residence, offering unmatched lifestyle and privacy.
Star Island in Miami may draw A-list celebrities such as Jennifer Lopez and Rosie O’Donnell, but Port Royal in Naples has quickly emerged as the second most expensive neighborhood in America, (according to DAILY MAIL) with average home prices reaching $16.9 million; an astounding rise from $8.2 million last year. What sets Port Royal apart?
Port Royal is a coastal paradise where residences overlook the peaceful waters of the Gulf of Mexico. This oasis has become a haven for those searching for not just a place to call home but an impressive lifestyle as well. Architectural marvels here blend harmoniously into their natural environments – not just an ordinary neighborhood but an expression of luxury!
Port Royal’s charm goes beyond its price tag, however. Real estate trends shifted due to Florida’s unique appeal. As the pandemic unfolded, Florida became increasingly attractive as an ideal spot, not just due to its sunny skies and palm trees but for its relaxed restrictions and absence of state income tax. People across the nation sought the exclusive privacy and exceptional lifestyle there, as many found themselves enticed by Naples and in particular the luxury Port Royal!
The pandemic also had an enormous effect on major cities like San Francisco and New York, causing remote work to leave empty office buildings while crime spiked and homelessness rose dramatically – both conditions caused residents to flee larger cities for quieter, safer, more tax-friendly havens like Port Royal’s sandy shores.
Miami Beach, Florida, has quickly become the go-to place for luxury living. Dina Goldentayer of Douglas Elliman describes it best: “Now it is the place to be: lifestyle, weather, economic policies, political agenda… everyone wants to come here.”
Once considered a vacation spot, Port Royal has blossomed into a dreamy residential community many aspire to reside in. Exploring Port Royal’s many delights quickly makes evident that its allure extends far beyond real estate – its allure reaching deep into the hearts and homes of those who call it home.
Florida’s transformation continues to draw the world’s most influential individuals, such as Ken Griffin of Citadel who recently invested in Port Royal. Florida is no longer only attractive to residents but also to investors.
So if you ever wondered where the elite reside, look no further. Instead, it is the charming coastal neighborhood of Port Royal in Naples, Florida where luxury meets privacy.
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@DailyMail
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