A secluded corner of an affluent Gulf city is becoming one of the country’s most exclusive places to call home.

A newly listed waterfront penthouse in Naples, Florida, with a $16.7 million price tag is vying to become the most expensive condo sold in the luxury hot spot.

After paying a near-record price for a waterfront home in Old Naples, the new owners plan to tear it down.

A 9,500-square-foot waterfront home in South Florida that reportedly has ties to Microsoft cofounder Bill Gates has gone up for sale for $23.5 million.