Before the project was finished, 57 units had been sold for a total of $54.8 million--an average of $961,403 per unit. "The timing of this completion is very favorable, as we are just entering our prime selling season," WCI president Jerry Starkey said in a statement.
The tower's unsold units consist of two penthouses priced between $2.7 million and $2.9 million, and 12 other units priced between $890,000 and $1.19 million. Those units are in three different floor plans that range from 2,910 sf to 3,295 sf.
Palermo's amenities, comparable to those at a five-star hotel, include a two-story grand salon, a bar, a theater, a billiards area, two furnished guest suites, a fitness center and a boardroom. Outdoor amenities include a pool and grand spa, a garden deck, barbecue grills and a social pavilion with a bar and a fireplace.
Palermo residents also have access to the amenities at The Colony, which include the Bay Club, a private dining facility that overlooks Estero Bay, and to the amenities at Pelican Landing, which includes a beach park, canoe park, fitness center, tennis courts and the recently finished community center.
Palermo's sales and information center is located at 3480 Pelican Colony Blvd. in Bonita Springs. Palermo is WCI's second tower in The Colony, an 809-acre community in Pelican Landing. In addition, WCI has eight other high-rise development sites in The Colony, including La Scala and Treviso, which are under construction.
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