Yours for a mere $295m (£233m), the Gordon Pointe property is also in one of the places in the country that is most vulnerable to climate-driven disasters and faces an almost inevitable flooding event in the coming years, The Guardian reports.

The 3.6-hectare (9-acre) gated retreat in Naples is styled as “Florida’s most exclusive compound” and comes complete with two vast guest houses, a dock, a yacht berth and water on three sides. It stands as an extravagant symbol of how the desire for a balmy Florida lifestyle is colliding with the climate crisis.

“It’s almost a certainty this property will experience a flood,” said Jeremy Porter, climate risk researcher at the First Street Foundation, a nonprofit flood analysis group.

According to its modelling, the property has a 68% risk of flooding in the next 15 years and a 95% chance over the next three decades. Its flood exposure is “severe” and its risk from winds is “extreme”, according to climate threat ratings that now appear on the Zillow property listings site.

“People here want access to the water and the beaches, but it’s extremely exposed to flooding,” Porter said. “These are basically properties built on water.”

The Gordon Pointe compound sits at the tip of the exclusive Port Royal neighbourhood, which consists of thin fingers of land carved by canals at the southern end of the city. Mangroves, marshes and protective sand dunes have been swept aside here so multimillion-dollar developments can sit as close as possible to the sea, which is 6in higher than it was in the 1990s and still rising due to the burning of fossil fuels.

The threat to this idyll has been starkly illustrated by the five hurricanes that have rattled the Gulf coast of Florida in the last two years, including 2022’s Hurricane Ian and, more recently, the rapid one-two punch of Hurricanes Helene and Milton in September and October.

This vulnerability has led to a jarring situation where the crown jewel property in a destination state with booming population growth faces the threat of climate-fuelled disaster like few other places in the US.

Home insurance rates in Florida, already the steepest in the US, rose by another 42% on average last year. Amid a series of natural disasters, at least a dozen insurers have fled Florida and a state backstop insurance system is no longer solvent, according to Ron DeSantis, Florida’s Republican governor. DeSantis has responded to this by deleting mention of climate change in state laws.