U.S, March 26 -- One of the most iconic luxury resorts on Florida's Gulf Coast has changed hands in a major transaction, underscoring renewed investor confidence in high-end leisure travel.

The JW Marriott Marco Island Beach Resort has been sold in a deal valued at approximately $835 million in cash, with Sculptor Diversified Real Estate Income Trust emerging as the buyer, according to recent reports.

Where This Resort Is Located The property is located on Marco Island, a barrier island off the southwest coast of Florida, near Naples and within reach of the Everglades ecosystem. The island is notable as one of the few developed areas in a largely protected subtropical region, offering a rare blend of accessibility and natural beauty.

M...