Despite rising sea levels and extreme flood warnings, a record-breaking $225 million sale in Naples shows luxury buyers aren’t backing away from the coast.
Buyer Pays $225M for Luxury Florida Estate—Despite Extreme Flood Risk
Published on May 05, 2025
A beachfront mansion in Naples, Florida, just sold for an eye-popping $225 million, making it the most expensive home sale in the state’s history—and the second-highest residential sale in the entire country. The property includes not just one, but three homes spread across 15 acres with 800 feet of beachfront. It’s a serious flex in the luxury real estate world, even more so because the buyer snagged a discount, as the trio of homes was originally listed for $295 million just a few months ago.
About the Home
The centerpiece of the sale is a massive six-bedroom mansion with a staggering 13.5 bathrooms, selling for over $133 million alone. The other two homes brought in $46.9 million and $44.9 million, respectively. Despite the price tag and prestige, there’s a huge caveat—this dream property sits in an area with what experts call an “extreme” flood risk.
Realtor.com gives it a climate risk rating of 9 out of 10, stating there’s a 99.9% chance the property will flood over the next 30 years. And it’s not just the rain; sea level rise and hurricane-driven storm surge make the threat very real.
Assessing Climate Risks When House Buying
Interestingly, none of this appears to have scared off the buyer, whose identity hasn’t been revealed. This part of Naples has seen a wave of ultra-high-end transactions lately, including several homes sold for over $40 million in the past six months.
People are still buying oceanfront property in Florida with huge risks because there is no state income tax, and its beachfront property remains one of the most coveted types of real estate in the country.
In general, climate change is becoming a much bigger part of the homeownership conversation. In many coastal areas, every day, homeowners are doing what they can to prepare. Some are elevating their homes or retrofitting them to better handle floodwaters.
Others are getting involved in local initiatives to improve infrastructure—like raising roads and building seawalls—to protect entire neighborhoods. In some towns, people have even created community funds to help residents adapt to the increasing threat of extreme weather.
While moving inland isn’t a realistic option for everyone, more people are starting to pay attention to climate data when buying a home. Tools that rate properties based on climate risk are becoming more popular, especially as home insurance gets harder to find—or more expensive—in high-risk zones.
