Page 2 - Gordon Pointe Proposal

WHY THE EARLS | LAPPIN TEAM?

There are a mere 145 beachfront properties in existence stretching from Bay Colony to the end of
Gordon Pass, with only 133 presiding south of the Naples Beach Club. Our team alone has been
involved in the sale of a significant number of these, totaling $969,000,000 worth of transactions,
with $720,000,000 specifically on Gordon Drive. One of these transactions, located at 2700
Gordon Drive, was recorded as the highest sale to ever occur along Gordon Drive. The residence,
which spanned across approximately four-acres of beachfront, closed for $52,000,000 in January
of 2021. The Earls | Lappin Team is also pleased to have achieved the highest sale to ever occur
on the Port Royal yacht basin. The residence was located at 1672 Galleon Drive and it closed for
$46,800,000 in February of 2023. Since 2004, there have been 127 beachfront transactions. Of
these 127, The Earls | Lappin Team has been involved in 38, representing a leading 30% market share.
No other agent or firm comes close to this achievement.

The aforementioned data points clearly position us as the beachfront experts, far above any other
Broker in the marketplace.
A LIFETIME PRODUCTION Given this proven track record of performance, no one is better qualified to validate the offering

price than Bill Earls and Larry Lappin of John R. Wood Christie’s International Real Estate. Our
SURMOUNTING TO OVER consistent success is driven from our extensive market knowledge, consummate professionalism, our

world-class ecosystem of clientele, and our sophisticated marketing endeavors that engage on local,
$4.4 BILLION IN NAPLES regional, national, and international levels.

Please note that the sale at 2700 Gordon Drive was primarily a land-valued transaction. Plans are
LUXURY REAL ESTATE currently underway to spend $100,000,000 in enhancements/renovations.

EXECUTIVE SUMMARY | 3