NOT LISTED FOR SALE

Estimated Value: $4,335,000 - $16,726,568

4 Beds
4 Baths
2,400 Sq Ft
$4,121/Sq Ft Est. Value

Last Sold April 18, 2023

Last sale price $18,000,000 $7,500 Per Sq Ft

Est. 45% decrease in value since last sale

Current estimated payment $61,904/month

1 Day on Market

Highlights

  • Beach Front
  • Gulf View
  • Vaulted Ceiling
  • Lake Park Elementary School Rated A
  • Deck
  • Lanai

About This Home

As of April 2023

PRIME NAPLES PROPERTY with 100-feet of direct beach frontage on the Gulf of Mexico. A rarely available, quaint beachfront cottage, one of Naples’ true hidden treasures. This property showcases endless panoramic views of sparkling Gulf of Mexico waters and stunning sunset skies. The cottage hosts approximately 2,859 total square feet with 4 bedrooms, 4 baths, and a 2-car under-building garage. Plenty of inside living space to gather with unique features throughout and beautiful water views. An expansive outdoor deck is ideal for entertaining and enjoying all beachfront living has to offer.

Last Agent to Sell the Property

James Bates

Premier Sotheby's Int'l Realty Listed on: 03/29/2023

Premier Sotheby's Int'l Realty

Last Buyer's Agent

James Bates

Premier Sotheby's Int'l Realty Listed on: 03/29/2023

Premier Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $116,580

Year Built

  • Built in 1979

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions: 100
  • Beach Front
  • Property fronts gulf or ocean
  • Street terminates at a dead end
  • West Facing Home
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor
  • Concrete Block With Brick
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Furnished or left unfurnished upon request
  • Vaulted Ceiling
  • Fireplace
  • Solar Tinted Windows
  • Sliding Windows
  • Family Room
  • Combination Dining and Living Room
  • Tile Flooring
  • Gulf Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Range
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • 4 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • No Fixed Bridges
  • Deck
  • Lanai

Schools

  • Lake Park Elementary School
  • Gulfview Middle School
  • Naples High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04280240000
  • Tax Block 18

Community Details

Overview

  • Olde Naples Community

Recreation

  • Gulf Boat Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$116,580

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Legal Description: BUENA VISTA T 1 BLK 18 W 175FT OF S 15FT OF LT 3 & W 175FT OF LT 4
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.142928$-81.807278$24.88$13.33$1.00$2Uh2W-xCn5yhIzjlzeFDSg
  • Building Design: Single Family
  • Building Description: Other
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished Description: Furnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 7500.00
  • Total Floors: 1
  • Additional Rooms: Family Room, Guest Bath, Guest Room, Laundry in Residence, Open Porch/Lanai
  • Estimated Living Area: 2400
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedroom Description: First Floor Bedroom
  • Bedrooms: 4 Bed
  • Total Bedrooms: 4
  • Dining Room: Breakfast Bar, Living Dining
  • Equipment: Disposal, Dryer, Range, Refrigerator, Washer
  • Flooring: Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Fireplace, Smoke Detectors, Volume Ceiling, Walk-In Closet
  • Primary Bathroom: Shower Only
  • Windows: Sliding, Solar Tinted

Exterior Features

  • Gulf Access: Yes
  • Private Pool: No
  • Private Spa: No
  • Roof: Metal
  • Construction: Concrete Block
  • Gulf Access Type: No Bridge(s)/Water Direct
  • Road: City Maintained, Dead End, Paved Road, Public Road
  • View: Gulf
  • Exterior Features: Deck
  • Exterior Finish: Wood Siding
  • Waterfront Type: Gulf Frontage, On the Gulf Beach

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Mandatory HOA: No
  • Sub Condo Name: OLDE NAPLES
  • Development Name: OLDE NAPLES

Association/Amenities

  • Pets: No Approval Needed
  • Development: Olde Naples
  • Community Type: Non-Gated
  • Units In Building: 1

Schools

  • Elementary School: Lake Park Elementary
  • High School: Naples High School
  • Middle School: Gulfview Middle School

Lot Info

  • Builder Product: No
  • Section: 4
  • Total Area: 2895
  • Waterfront: Yes
  • Acres: 0.4000
  • Rear Exposure: West
  • Lot Description: Dead End
  • Lot Dimensions: 100 X 176
  • Parcel Number: 04280240000

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 12
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: City And County
  • Taxes: 116579.68
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2023
Closed on
Apr 18, 2023
Sold by
Ryan John R
Bought by
Third Avenue South Limited Partnership
Seller's Agent
James Bates
Premier Sotheby's Int'l Realty
Buyer's Agent
James Bates
Premier Sotheby's Int'l Realty
List Price
$18,000,000
Sold Price
$18,000,000
Views
31
Current Estimated Value
$9,890,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,109,811
Avg. Annual Appreciation
-19.76%

Purchase Details

Listed on
Jan 13, 2021
Closed on
Mar 17, 2021
Sold by
Conover Catherine M
Bought by
Ryan John R
Seller's Agent
James Bates
Premier Sotheby's Int'l Realty
Buyer's Agent
James Bates
Premier Sotheby's Int'l Realty
List Price
$14,000,000
Sold Price
$12,600,000
Premium/Discount to List
-$1,400,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.61%

Purchase Details

Closed on
Dec 13, 2002
Sold by
Wasserman Gary L and Wasserman Rita
Bought by
Conover Catherine M

Purchase Details

Closed on
Nov 20, 1997
Sold by
1039015 Ontario Ltd
Bought by
Wasserman Gary L and Wasserman Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Third Avenue South Limited Partnership $18,000,000 None Listed On Document
Ryan John R $12,600,000 Accommodation
Conover Catherine M $5,200,000 --
Wasserman Gary L $1,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wasserman Gary L $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/18/2023 04/18/23 Sold $18,000,000 0.0% $7,500 / Sq Ft
03/30/2023 03/30/23 Pending -- -- --
03/29/2023 03/29/23 For Sale $18,000,000 +42.9% $7,500 / Sq Ft
03/17/2021 03/17/21 Sold $12,600,000 -10.0% $5,250 / Sq Ft View Prior Sale
01/26/2021 01/26/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $14,000,000 -- $5,833 / Sq Ft
Source: Naples Area Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $122,252 $13,200,100 $13,200,100 --
2024 $118,928 $13,411,267 $13,200,100 $211,167
2023 $118,928 $12,851,938 $12,800,100 $51,838
2022 $116,580 $11,888,241 $11,676,105 $212,136
2021 $75,658 $7,373,115 $7,280,100 $93,015
2020 $74,799 $7,368,305 $7,280,100 $88,205
2019 $69,020 $6,725,037 $6,680,100 $44,937
2018 $69,294 $6,764,172 $6,680,100 $84,072
2017 $66,774 $6,153,429 $0 $0
2016 $63,860 $5,594,026 $0 $0
2015 $54,092 $5,085,478 $0 $0
2014 $54,678 $5,079,888 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Naples Area Board of REALTORS®

MLS Number: 223013149

Naples Area Board of REALTORS®

APN: 04280240000