James & Tracy Forrest Purchase Naples Single Family Home From Charles & Deborah Doe For $40M
860 Admiralty Parade
$40,000,000
$3,478/SF
Building Size
11,500 SF
Asset Type
Single Family
Closing
Apr 22, 2026
AI
A single family home located at 860 Admiralty Parade East in Naples has been sold for $40 million. The property spans 11,500 square feet, with a price per square foot of $3,478. Built in 2024, this estate represents a significant transaction within a market characterized by frequent sales exceeding $10 million.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $40,000,000
- Address: 860 Admiralty Parade East
- Market: Naples
- Square Footage: 11,500
- Price Per Square Foot: $3,478
- Buyer: James & Tracy Forrest
- Seller: Charles & Deborah Doe
- Broker: Taylor Canada - Gulf Coast International Properties
The transaction was managed by Taylor Canada of Gulf Coast International Properties, representing the clients James and Tracy Forrest, the buyers, and Charles and Deborah Doe, the sellers. This exchange highlights the ongoing trend of high-end real estate deals in the area.
Naples Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.40%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93