NAPLES, FLA. (June 22, 2026) — Penthouse 3 at Mystique in Pelican Bay has sold for $14.1 million, setting a new record price per square foot for a condominium resale in Naples at approximately $3,182 per square foot, according to MLS data. Located at 6897 Grenadier Boulevard, the residence was exclusively represented by Walter Patrick, global real estate advisor with Premier Sotheby’s International Realty’s Broad Avenue office.
Positioned atop Mystique, one of Naples’ newest Gulf-front luxury towers, the penthouse captured attention for its expansive rooftop terrace featuring a private full-size rooftop pool, outdoor entertaining areas and panoramic Gulf of Mexico views. The residence also included a rare private three-car garage.
Spanning more than 4,400 square feet of interior living space, the penthouse featured floor-to-ceiling glass, custom finishes and direct views across the Gulf and Pelican Bay coastline. As part of the Pelican Bay community, residents of Mystique have access to private beachfront amenities, dining, fitness facilities and concierge services.
The sale reflects continued demand for newer luxury condominium inventory in Naples, particularly residences offering large outdoor living spaces, privacy and amenities more commonly associated with single-family estates.
“Buyers at the top of the Naples condominium market continue to place tremendous value on properties that offer uniqueness, privacy and outdoor living,” said Walter Patrick of Premier Sotheby’s International Realty. “This residence delivered a level of lifestyle and exclusivity rarely seen in a condominium setting, which ultimately drove significant interest and resulted in a record-setting resale.”
About Premier Sotheby’s International Realty
Headquartered in Naples, Florida, Premier Sotheby’s International Realty has over 1,200 real estate professionals in 40 locations throughout Florida and North Carolina. Premier Sotheby’s International Realty also benefits from an association with the storied Sotheby's auction house, established in 1744. The brokerage is proudly associated with Peerage Realty Partners. For more information, visit premiersothebysrealty.com.
