Cindy Pierro

Global Real Estate Advisor
DRE#

Record $1.9 Million Penthouse Sale Sets New Benchmark for Mercato

By PremierSIR - August 07, 2026

A penthouse residence at 9123 Strada Place, Unit 7510, has sold for $1.9 million, setting a record as the highest-priced condominium sale in Mercato's history, according to Stellar MLS. Susan Gardner of Premier Sotheby's International Realty’s Vanderbilt represented the seller in the transaction.

Located in the heart of Mercato, Naples' premier destination for upscale shopping, dining and entertainment, the three-bedroom, three-bath penthouse encompasses 2,418 square feet and combines luxury finishes with walkable access to one of Southwest Florida's most vibrant lifestyle districts.

"I've had the privilege of working in Mercato since its early development and have represented more than 100 condominium, villa and single-family home sales throughout the community, said Susan Gardner, Premier Sotheby’s International Realty. "Watching Mercato evolve into one of Naples' premier lifestyle destinations has been remarkable."

The residence features open-concept living spaces with Italian porcelain tile flooring, a custom linear fireplace and designer furnishings by Roche Bobois. The renovated kitchen is appointed with quartzite countertops, waterfall-edge island and GE Monogram appliances.

Residents enjoy exclusive access to Mercato's private rooftop amenities, including a 52-foot resort-style pool, spa, fitness center, clubhouse, catering kitchen, billiards lounge, gas grills and dog park. The property also includes two VIP covered parking spaces and climate-controlled storage.

The record-setting sale also reflects growing demand for luxury condominiums in amenity-rich, walkable communities. Mercato has become one of Naples' most sought-after mixed-use communities, combining luxury residences with high-end retail, restaurants, entertainment venues and year-round community events in one of the city's most desirable locations.

“The luxury condominium market has shifted, added Gardner. "A few years ago, many buyers welcomed the opportunity to renovate. Today, they're willing to pay a premium for residences that have already been thoughtfully updated with exceptional finishes and are ready to enjoy from day one. Today's buyers are looking beyond square footage. Mercato offers a lifestyle unlike any other in Naples. They're placing greater value on lifestyle, convenience and experiences. Properties that offer exceptional design along with immediate access to dining, entertainment and social amenities continue to command premium prices, and this sale demonstrates the strength of that demand."

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