Coldwell Banker Residential Real Estate’s Harris-Peppe Team Sells Waterfront Port Royal Estate for $5.75 Million

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1399326729NAPLES, FL – Coldwell Banker Previews International® property specialists Chip Harris and Michele Peppe, known as The Harris-Peppe Team, have closed on 3999 Rum Row in prestigious Port Royal for $5.750 million. The Harris-Peppe Team secured a signed contract on the property within three weeks, despite the property being marketed unsuccessfully by another brokerage for three years. This is the 11th Port Royal sale of over $5 million this year, which is an increase from only 7 properties for the same time period last year.

“We are seeing a tremendous amount of activity in Naples from international buyers looking for vacation homes, second homes and investment properties,” said Michele Peppe. “This buyer was from Canada, which is still our leading international market, but we’re also seeing buyers from Russia, the Middle East, China, Germany and other countries. Naples is truly a global destination for the affluent, and they love the selection of waterfront homes that are found in Port Royal.”

Located in the prestigious Port Royal community, the house sits on over a half-acre of waterfront property that includes a dock with lift, direct access to the Gulf of Mexico and private pool overlooking the water. The more than 7,800-square-foot property begins with a grand entranceway featuring a sweeping staircase and fine woodworking details. Offering five bedrooms, five baths and two half-baths, the home boasts a first-floor master suite that connects to a mahogany paneled library, as well as a top-floor media room and custom office.

The Harris-Peppe Team was named to the Coldwell Banker Residential Real Estate Legends Society in 2013 for exceptional sales production exceeding $50 million, and were named the brokerage’s No. 1 team in Southwest Florida. With over 50 years of combined real estate experience in the Naples market, both Michele Peppe and Chip Harris are certified Coldwell Banker Previews International® Property Specialists. The team leverage’s Coldwell Banker’s global network of offices in more than 50 countries to market luxury properties, and assists international buyers in German, French, Spanish and English. For more information or to view other properties listed by the Harris-Peppe Team, visit NaplesRealEstate.com.

About Coldwell Banker Previews International

Coldwell Banker Previews International has been serving the needs of luxury home buyers and sellers since 1933 and is exclusively available to Coldwell Banker Real Estate and its nearly 85,000 sales associates and 3,100 offices in 50 countries and territories around the globe. In 2013, Coldwell Banker agents handled more than 20,000 transaction sides of homes priced at $1 million or more, averaging $102.7 million in sales every day.* Known for representing some of the most prestigious addresses, Previews® was involved in 5 of the top 7 most expensive sales in America in 2013**.

About Coldwell Banker Residential Real Estate

Coldwell Banker Residential Real Estate is a leading full-service residential real estate company with more than 75 offices and 4,800 sales associates serving the communities of Central Florida, Palm Beach, Southeast Florida, Southwest Florida and Tampa Bay. Worldwide, the Coldwell Banker network includes 3,100 offices with nearly 85,000 sales associates spanning more than 50 countries. Every day, Coldwell Banker Residential Real Estate properties are exposed to 16 million buyers on more than 725 high-traffic websites. For more information or to view local listings, visit FloridaMoves.com. To learn more about a career in real estate or Coldwell Banker, visit JoinCBToday.com. Coldwell Banker Residential Real Estate is a subsidiary of NRT LLC, the nation’s largest residential real estate brokerage company.