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Florida island bought for $14.5m in 2015 now asks $89m after major upgrades

Mark Pentecost has listed his stunning private island retreat for a staggering eighty-nine million dollars. Acquired eleven years ago for a mere fourteen point five million, this one hundred four-acre island boasts a private golf course and twenty-nine potential residential plots. As the founder of It Works!, Pentecost has skillfully developed this paradise into both a business and family haven,…

Florida island bought for $14.5m in 2015 now asks $89m after major upgrades

Eleven years after acquiring a private island off Florida’s west coast for $14.5 million, entrepreneur Mark Pentecost is now asking $89 million for the 104-acre property. The estate, once known as Little Bokeelia Island, has undergone significant upgrades, including a nine-hole golf course, improved infrastructure, and 29 developable residential lots.

Mark Pentecost, a former teacher and basketball coach, made his fortune through the multi-level marketing company It Works!, which allowed him to purchase the island in 2015. The island, located in Pine Island Sound between Sarasota and Naples, has historical roots dating back to the early 20th century. Notable guests during its past ownership included inventor Thomas Edison.

The estate features a restored 1920s main mansion, four guest cottages, a clubhouse, a caretaker's home, and various recreational facilities. With an asking price of $89 million, the property is now among the most expensive private island listings in the United States.

Written by urgent.news from Times of India's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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