
Where Does Shahid Khan Live in Florida? His Naples Home and Jacksonville Base
September 21, 2026 · 8 min read · By Onias Derilus, Broker
Jacksonville Jaguars owner Shahid Khan is a Florida resident with a home in Naples, reported by Florida Trend at $6.6 million in 2011, while his business base stays in Illinois and his game-day base is a yacht on the St. Johns River. Here is what is reported, what is not, and what a similar Gulf-front penthouse costs in South Florida.
Where does Shahid Khan live? The Jacksonville Jaguars owner and Flex-N-Gate founder is a Florida resident with a home in Naples, on the Gulf Coast. Florida Trend reported in 2012 that he had paid $6.6 million for a Naples home the year before. His working life is split between central Illinois, where his auto-parts company is based, and Jacksonville. In Jacksonville he has often stayed on his yacht. Here is what public reporting says about each place, and which of the stories about his Naples home hold up.
Key takeaways
- Naples, Florida is Khan's home state address, with a Gulf-front condo in the Park Shore area per public property records.
- Florida Trend put the 2011 purchase at $6.6 million; a later, thinly sourced report cites an $11.5 million penthouse in 2014.
- The Port Royal mansion story is not verified: celebrity sites repeat it, but no news outlet or record supports it.
- Illinois is the business base, with a family home in Champaign and a reported Chicago penthouse; in Jacksonville he has stayed aboard the yacht Kismet.
Where does Shahid Khan live in Florida?
Khan's Florida home is in Naples, the Gulf Coast city in Collier County. Naples is on the opposite side of the state from the counties Pure Equity serves, so we do not sell there. We cover it because readers search for it. The reporting on Khan's Naples home is also a good lesson in separating what is documented from what gets copied between websites.
The best source is Florida Trend. In a 2012 profile written after he bought the Jaguars, the magazine reported that Khan had paid $6.6 million for a home in Naples in 2011. It also said he had become a Florida resident. That residency matters, since Florida has no state income tax and Illinois does. Public property records in Collier County list a unit owned by Shahid and Ann Khan in a high-rise on Gulf Shore Boulevard North. That is the beachfront strip through the Park Shore neighborhood.
Pure Equity does not publish private addresses or unit numbers. The neighborhood and the type of building are as far as we go.
Inside the reported Naples penthouse
Details are thin, and we say so rather than fill the gap. Pro Football Network, citing a yacht-tracking site, described the Naples property as a penthouse bought in 2014 for $11.5 million. It mentioned a pool and spa and 360-degree views. That is a different price and year from Florida Trend's $6.6 million in 2011. So either there were two purchases or one report is wrong. We could not find a news story that settles it.
What the records support is a Gulf-front condo in a Park Shore tower. Park Shore's high-rises line a mile or so of beach between Doctors Pass and Pelican Bay. Their upper floors look west over the Gulf and east over Venetian Bay. Penthouses there have sold from about $10 million to more than $20 million in recent years. That makes an $11.5 million purchase plausible, even if unconfirmed.
No size, bedroom count or floor plan for the unit has appeared in a news outlet. Anything you read with those numbers comes from a celebrity home site, and we do not repeat it.
The Port Royal story that does not check out
Several celebrity home sites say Khan owns a 9,222-square-foot mansion in Port Royal, the priciest neighborhood in Naples. They add that he bought it from former NFL star Warren Sapp. We looked for a source and found none. No newspaper, property record or listing ties Khan to a Port Royal house, and Sapp's well-documented Florida home was near Orlando, not Naples.
That is why we lead with Florida Trend and the county records. Celebrity real estate is full of stories that start on one aggregator and spread to a dozen others without a single citation. For a reader trying to answer where does Shahid Khan live, the verified answer is a Gulf-front condo in Naples, not a Port Royal estate.
Why Shahid Khan chose Naples
Khan has not explained the choice in an interview we found, so the reasons come from timing. He bought in Naples in 2011, the same year he agreed to buy the Jaguars, and established Florida residency at the same time. For someone about to own a Florida business worth hundreds of millions, moving his legal home to a no-income-tax state was a practical step. Naples, with its beach towers and quiet, gave him a Florida address away from the Jacksonville spotlight.
Naples also fits his pattern. He is an engineer by training who built a car-bumper company into a global supplier, and reporting has always described him as private. A condo in a Gulf-front tower is lower profile than a compound. It also needs no staff when he is away, which is most of the year.
Where else does Shahid Khan live?
Illinois is where the work is. Khan came to the University of Illinois from Pakistan in 1967 and never left the area. Flex-N-Gate is based in Urbana, and reporting places the family home in Champaign. Pro Football Network, citing an interior design firm's portfolio, also describes a penthouse at the Park Tower in Chicago valued at about $8 million. Florida Trend called central Illinois his primary residence in 2012, even after the Naples purchase.
Jacksonville is the third leg. Florida Trend reported that after buying the Jaguars he spent about three weeks a month in the city. He stayed at the Hyatt or aboard Kismet, his 223-foot yacht docked on the St. Johns River. He has since replaced that yacht with a larger one of the same name. His company is also developing a Four Seasons hotel next to the stadium. The Jaguars' stadium overhaul approved in 2024 will keep him in town for years.
What a home like Shahid Khan's costs in South Florida
A Gulf-front penthouse in a Park Shore tower is the Naples version of an oceanfront penthouse on the Atlantic side. The closest match on our coast is Bal Harbour, a small oceanfront village of luxury towers north of Miami Beach. Our MLS feed as of September 2026 shows about 155 active listings there at a median asking price near $2.7 million. Units average about 200 days on market. Next door, Surfside has about 130 listings at a median around $1.1 million.
Farther north, Singer Island in Palm Beach County offers the same tower-on-the-beach setup at lower prices. It has about 165 listings at a median near $850,000. Across Miami-Dade County, oceanfront penthouses run from about $5 million to well past $50 million. Our penthouses and oceanfront condos pages track the current inventory.
For the Gulf side, the Collier County page shows current Naples listings from the same feed, and the Duval County page covers Jacksonville. Park Shore penthouses rarely come up, and when they do they set the price ceiling for the whole beachfront strip.
Frequently asked questions
Where does Shahid Khan live now?
He is a Florida resident with a home in Naples. He splits time between central Illinois, where Flex-N-Gate is based, and Jacksonville during the football season. Florida Trend reported the Naples purchase and the Florida residency in 2012.
Where in Naples does Shahid Khan live?
Public property records list a unit owned by Shahid and Ann Khan in a Gulf-front high-rise on Gulf Shore Boulevard North in the Park Shore area. The Port Royal mansion described on celebrity sites has no source we could find. We do not publish unit numbers.
Where does Shahid Khan live full time?
No single place. Florida is his legal residence, per Florida Trend. But Illinois has been his working base for more than 50 years, and Jacksonville takes weeks each month during the season. The Naples condo is best described as his official home rather than the one he spends the most nights in.
How much did Shahid Khan pay for the Naples home?
Florida Trend reported $6.6 million in 2011. A later report from Pro Football Network, citing a yacht site, put a penthouse purchase at $11.5 million in 2014. The two figures may describe different properties; no outlet has reconciled them.
Does Shahid Khan live in Jacksonville?
Part of the year. Florida Trend reported that he spent about three weeks a month there after buying the Jaguars, staying at a hotel or on his yacht Kismet. His company is building a Four Seasons hotel beside the stadium, but no reporting describes a Jacksonville house.
Is Naples part of South Florida?
Not as the term is usually used. Naples is in Collier County on the Gulf Coast. South Florida generally means the Atlantic side: Miami-Dade, Broward and Palm Beach counties. Pure Equity serves that side and the Treasure Coast, not Naples or Jacksonville.
If you own an oceanfront condo in Bal Harbour, Surfside, Singer Island or anywhere along our coast, get a free valuation from Pure Equity. See what your view is worth today. Buyers can browse Bal Harbour listings or see luxury homes across South Florida. For another sports owner on our side of the state, read where Inter Miami owner Jorge Mas lives. Then see the full list of celebrities who live in Florida.
Sources
- Florida Trend, First down: high hopes for Jacksonville Jaguars owner Shahid Khan
- Pro Football Network, Shahid Khan's houses: a look inside the billionaire's many properties
- Florida Parcels, Collier County property record listing Shahid and Ann Khan as owners
Based on publicly reported information; details may change and are not independently verified by Pure Equity. We do not publish private addresses.
