Mystique, the New Ultra-luxury High-rise in Pelican Bay, Celebrates Groundbreaking

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Representatives of Pelican 1 Owner LLC, joined elected officials and community leaders to celebrate the groundbreaking for Mystique, the new ultra-luxury high-rise in the exclusive Pelican Bay community in Naples.

Mystique, the new ultra-luxury high-rise in Pelican Bay, celebrates groundbreaking

Representatives of Pelican 1 Owner LLC, joined elected officials and community leaders to celebrate the groundbreaking for Mystique, the new ultra-luxury high-rise in the exclusive Pelican Bay community in Naples.

Pelican 1 Owner LLC, is an equal partnership between an affiliate of the global investment firm Kohlberg Kravis Roberts & Co. L.P. (KKR) and an affiliate of the Gulf Bay Group of Companies (Gulf Bay). Miami-based Coastal Construction is the general contractor for the project.

Located just steps from the beach on one of only two remaining zoned developable land parcels in Naples between The Ritz-Carlton on the beach and Port Royal, the 20-story Mystique offers 68 estate and four penthouse residences with expansive living spaces and beautiful terrace views toward the Gulf of Mexico from most units. Additionally, Mystique offers nine Jardin residences.

Mystique’s resort-inspired outdoor recreational amenities include a tropical pool, sun deck with pergolas and lush landscaping, and two Har-Tru tennis courts above the garage deck. Mystique’s lobby-level amenities offer custom-designed interior spaces for socializing, including a club room, parlor, salon, library and solarium/card room. Mystique also features a theater, billiard room, board room, state-of-the-art health and fitness club with the latest in exercise and wellness equipment, ladies’ and men’s steam rooms and showers, and massage rooms with on-call masseurs and masseuses.

Mystique’s building amenities include a 24-hour staffed front desk with a monitored video/electronic closed circuit surveillance system, surveillance cameras at all owner entry accesses, and a two-level parking garage with controlled access.

Residents also will enjoy the exclusive and renowned amenities of the prestigious Pelican Bay, including private, beachfront dining, extensive walking and biking trails, chauffeured tram service, and private access to nearly three miles of unspoiled Gulf of Mexico beaches.

Estate residences at Mystique range in size from 4,003 to 5,280 square feet of air-conditioned living space and are priced from over $3 million to over $7 million. Jardin residences offer 1,370 to 2,396 air-conditioned square feet and range in price from $1.2 to $2.2 million. Mystique’s four expansive penthouse residences, priced from $8 million, have been sold.

Premier Sotheby’s International Realty, the exclusive listing agent for Mystique, is based out of the on-site sales center.

Founded in 1986, Gulf Bay has successfully completed 14 luxury properties along the 1.5 mile stretch of Gulf-front land within Pelican Bay. In addition to its history in Pelican Bay, Gulf Bay’s other award-winning developments include The Brittany on Park Shore Beach; Marco Beach Ocean Resort® on Marco Island; and the 4,000-acre award-winning, master-planned community of Fiddler’s Creek®. Aubrey J. Ferrao is president of Gulf Bay Group of Companies.

Gulf Bay’s completed and under development build-out market value of luxury residential properties is estimated in excess of $5 billion.

KKR is a leading global investment firm that manages investments across multiple asset classes, with over $100 billion in assets under management.

For more information about Mystique, call 239-598-9900, stop by the sales center at 6885 Pelican Bay Blvd., or visit http://www.MystiquePelicanBay.com.

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Jennifer Nicholson
Fiddler's Creek Community
since: 07/2011
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