Kalea Bay is a mile south of me in Naples. They are now completing their fifth and final condo tower, each of which has 22 floors.
No one really lives here full-time. Most buyers are wealthy young people from up north who fly in for occasional long weekends. The cheapest unit in the final tower starts at $3.5 million. Kalea Bay is an advertisement for the problem of income inequality in this country.
1 comment:
This is amazing. Our millionaire "cottages" are hidden in the woods on the sides (and tops) of mountains, so it isn't quite as ostentatious where they are. Can I borrow this for a post on my blog?
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