Naples businessman and hospitality veteran Phil McCabe has officially become one of the first homeowners at the highly anticipated Naples Beach Club, A Four Seasons Resort. McCabe recently completed the purchase of a luxury beachfront residence within the exclusive development and plans to make it his permanent home.
After owning numerous properties throughout Naples over the years, McCabe believes he has finally found the residence that will be his last. Located directly on the Gulf of Mexico, the spacious beachfront home offers approximately 9,000 square feet of air-conditioned living space and showcases the high-end design, finishes, and service standards associated with the Four Seasons brand.
McCabe's residence is one of only a handful of "Beach House" properties within the development. These expansive homes feature private pools, spas, dedicated garages, and direct access to the beach. Residents can step from their outdoor living areas and walk directly to the shoreline and resort amenities, including the popular Sunset Bar.
The purchase marks the culmination of a process that began in 2021 when McCabe reserved the property during the project's early planning stages. Development timelines extended beyond original expectations due to permitting and construction challenges, but the resort is now nearing completion and preparing for a series of residential closings.
The transaction was particularly significant because it was completed as part of a 1031 exchange, allowing McCabe to defer capital gains taxes by reinvesting proceeds from another real estate sale. Meeting the strict closing deadline required coordination between the buyer, developer, and brokerage team.
Naples Beach Club's residential component includes 58 beachfront residences adjacent to the new Four Seasons resort, along with an additional collection of luxury condominiums located across Gulf Shore Boulevard near the community's golf and lifestyle amenities. The development has attracted a distinguished group of buyers, including business leaders, entrepreneurs, and high-net-worth individuals from across the country.
McCabe expects to move into his new residence later this year while continuing work on another major hospitality venture. Alongside his sons, Joseph and Philip, he is developing The Carnelian, a luxury boutique hotel and private membership club currently under construction in North Naples. The six-story project is expected to open during the 2027 holiday season and will feature upscale accommodations, dining, and exclusive club amenities.
As Naples continues to attract affluent residents and luxury development, projects like Naples Beach Club and The Carnelian are helping redefine the region's high-end residential and hospitality landscape.