Gulf Coast International Properties® Principal Timothy P. Savage and The Agency’s Chris Resop Close Historic $85 M Sale

NAPLES, FL, UNITED STATES, April 27, 2025 /EINPresswire.com/ -- The Agency’s Chris Resop along with Gulf Coast International Properties^® (GCIP) Principal Timothy P. Savage proudly announce their representation of the seller in the record-breaking sale of 575 Admiralty Parade West, Port Royal, for an extraordinary $85,00,000. Timothy P. Savage and Chris Resop also represented the buyer, billionaire businessman and philanthropist, David Hoffmann.

The sale was the highest price ever recorded for a single family residence in the history of Collier County as well as the highest price for a non-beachfront single family residence in the county, according to MLS statistics*.

Hoffmann, founder of the Hoffmann Family of Companies (HF Companies) and a Missouri native, is currently ranked #1750 on Forbes’ esteemed ‘World Billionaires’ list for the fourth consecutive year. In 2024, he held the #1945; this year, he ascended to #1750 with an estimated net worth of $2B. As one of America’s leading entrepreneurs, Hoffmann launched his career in 1989 with the founding of Chicago-headquartered DHR Global, a leading global executive search and leadership advisory firm. His real estate revitalization efforts, spearheaded through Hoffmann Commercial Real Estate (HCRE), encompass properties in Naples, Fla; Winnetka, Ill.; Augusta, Mo.; Mackinac Island, Mich.; and Avon, Colo.—collectively valued at over $1 billion. Since the 2024 Forbes ranking, HF Companies has added more than 10 new companies to its expanding portfolio.

Equally notable are Mr. Hoffman’s philanthropic endeavors, which support a wide range of causes including healthcare, youth development, and the arts. He and his family provide financial support and actively serve on the boards of renowned nonprofits such as Boys & Girls Club of Collier County, Breakthrough T1D, the Everglades Foundation, and Naples Players Community Theater, among others.

Mr. Hoffmann’s new residence at 575 Admiralty Parade West is a true masterpiece. With stunning wide water views, this 17,202 square foot legacy Port Royal home is situated on nearly 2 ¼ lots with 250 feet of Naples Bay frontage. The exquisite residence is designed for grand-scale entertaining with spacious open living spaces throughout, breathtaking water views from nearly every room, and includes 8 exquisitely designed bedrooms, and 10 ½ luxurious bathrooms. The estate showcases meticulous craftsmanship and timeless architectural elegance.

Timothy Savage shared, “This is an extraordinary property that sets a new benchmark for single-family home sales in Port Royal. Collaborating with Chris [Resop] was a true pleasure—his expertise and dedication were instrumental in bringing this historic deal to fruition.”

Chris Resop added, “Tim and I were thrilled to work together on this landmark sale. Properties of this caliber highlight the exceptional opportunities in Naples, and Tim’s skill and professionalism delivered a truly seamless experience for our client.”

David Hoffmann concluded, “It was a pleasure working with Tim and Chris on this transaction. Their professionalism and expertise were outstanding. From start to finish, the process was handled with white-glove care , delivering a truly bespoke experience. I look forward to working with him again in the future.”

About Gulf Coast International Properties^® Locally owned and operated, Gulf Coast International Properties^® is a premier real estate firm specializing in luxury real estate in Naples, Florida. The award-winning company has been recognized by Who’s Who in Luxury Real Estate, a worldwide collection of top brokers representing the finest luxury properties around the globe. The firm has over 100 years of combined experience in the local market.

For more information, please contact:
Vicki Tracy, COO at (239) 572-3799 or Vicki@gcipnaples.com

*Statistics verified at the time of writing.

Heather McDermott
Gulf Coast International Properties
+1 2395807390
email us here

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