Premier Sotheby's opens Sanibel office

NAPLES — Premier Sotheby's International Realty has opened a new office on the Lee County barrier island of Sanibel.

Premier Sotheby's recently was the listing agent in the sale of a gulf-front estate on Sanibel that closed in October for $8.48 million. That was the highest price so far this year on the island, the company says.

Naples-based Premier Sotheby's has more than 700 agents and employees in 22 offices stretching from the Tampa Bay area to Marco Island on the Gulf Coast and in the Carolinas. In 2013, the company closed more than 3,670 transactions totaling more than $2.8 billion in sales. Premier Sotheby's ranks 37th among the 500 largest brokers in the country, according to the Real Trends 500 survey of the top U.S. residential sellers.