Naples · Commercial sale
Orchid Run 282 buys 10991 Lost Lake Dr in Naples for $89.75 million
An apartment complex at 10991 Lost Lake Dr, Naples sold for $89,750,000 on July 22, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $89,750,000
- Sold
- July 22, 2026
- Property type
- Apartment complex
- Lot size
- 954,400 sq ft
- Year built
- 2016
An apartment complex at 10991 Lost Lake Dr in Naples sold for $89,750,000 on July 22, 2026, according to the Collier County Property Appraiser's sales records. The price is 36% above the market value of $66,160,538 listed on the Assessor's records.
Orchid Run 282 LLC purchased the property, which sits on a 21.91-acre lot, according to the Assessor's records. The complex was built in 2016.
The sale price is 21.9 times the most recent earlier sale price on record of $4,100,000 in 2014.
What this sale costs to close
What does closing cost at this price? Under Collier County custom the seller's larger charges are $628,250 for the documentary stamp tax on deed and $550 for the settlement / closing fee. The seller's estimated net is $88,796,398 before brokerage commissions and any loan payoff. A cash buyer would need about $89,612,141 at closing.
Source: Collier County Property Appraiser, sales data files, document 6616-2364. Property details: Collier County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
