NOT LISTED FOR SALE

Estimated Value: $6,336,000 - $14,841,188

5 Beds
6.5 Baths
6,379 Sq Ft
$1,826/Sq Ft Est. Value

Sale Details

Date Sold: February 16, 2024

Last sale price $16,475,000 $2,583 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $71,947 / mo

262 Days on Market

Highlights

  • Concrete Pool
  • Sitting Area In Primary Bedroom
  • Reverse Osmosis System
  • Lake Park Elementary School Rated A
  • Floor-to-Ceiling Windows
  • Vaulted Ceiling

About This Home

As of February 2024

Welcome to an incredible new MHK timeless cottage style home in the perfect Old Naples location. This extraordinary custom home is situated just 5 parcels from the Gulf and was constructed and sold by renowned developer VIV Homes in 2022. Ideally positioned on an interior lot with preferred southern exposure and rear alley access, this location is just a short stroll to the Naples pristine white sand beaches, shopping, dining, and art galleries along 5th Avenue South and historic 3rd Street South. Residence includes 5 bedrooms + office, nearly 6,400 square feet of air conditioned living space, 7 baths, additional VIP staircase entry, 3 car garage, and an exceptional outdoor living space. Some of the special features include full concrete construction, extensive natural stones throughout, custom cabinetry including Poliform Italian made custom closets, Legno Bastone wood flooring, chef’s kitchen with Subzero/Wolf/Miele appliances, Cristallo Prime quartzite counter tops, service kitchen, natural gas, 48kw generator, Lutron low voltage lighting system, water filtration, Sonos, and security with cameras and water alarm systems. Outside you will find a five star resort like outdoor living space enclosed by automated screens/shutters, fire place, pool bath, heated saltwater infinity edge pool/spa adorned with Tuuci umbrella, fire pit with trellis, and an artificial turf yard. Truly nothing lacks in this very special move in ready opportunity.

Last Agent to Sell the Property

Rex Miller

William Raveis Real Estate Listed on: 05/16/2023

William Raveis Real Estate

Last Buyer's Agent

Amanda Sadowski

Royal Properties of Naples LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,753

Year Built

  • Built in 2022

Lot Details

  • 14,810 Sq Ft Lot
  • Lot Dimensions are 100 x 150
  • Property fronts an alley
  • South Facing Home
  • Landscaped
  • Paved or Partially Paved Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Deeded Parking

Home Design

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

Interior Spaces

  • 6,379 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Custom Mirrors
  • Furnished
  • Furnished or left unfurnished upon request
  • Wired For Sound
  • Coffered Ceiling
  • Tray Ceiling
  • Vaulted Ceiling
  • Fireplace
  • Electric Shutters
  • Floor-to-Ceiling Windows
  • Sliding Windows
  • Casement Windows
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family or Dining Combination
  • Home Office

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Built-In Self-Cleaning Double Oven
  • Range
  • Warming Drawer
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets
  • Disposal
  • Pot Filler
  • Reverse Osmosis System

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom on Main
  • Built-In Bedroom Cabinets
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Sinks
  • Bathtub With Separate Shower Stall
  • Multiple Shower Heads

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Security System Owned
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Water Fountains
  • Outdoor Fireplace
  • Outdoor Kitchen
  • Lanai
  • Fire Pit
  • Outdoor Gas Grill

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Underground Utilities
  • Power Generator
  • Water Treatment System
  • Tankless Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • Olde Naples Community

Listing and Financial Details

  • Assessor Parcel Number 14008320008
  • Tax Block 15

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,753

Year Built

Built in 2022

Lot Details

0.34 Acres

Parking

3

Listing Details

  • Legal Description: NAPLES T 2 BLK 15 LOTS 7-9
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.140331$-81.805307$211.02$13.33$1.00$_SQrzQW6B8K9H_Pd1KO6XQ
  • Building Design: Single Family
  • Building Description: 2 Story
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows, Electric Shutters, Shutters - Screens/Fabric
  • Year Built: 2022
  • Directions: 5th Ave S head west and home is on left hand side before you reach Gulf Shore Blvd
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished Description: Furnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 2582.69
  • Total Floors: 2
  • Additional Rooms: Balcony, Den/Study, Great Room, Guest Bath, Guest Room, Home Office, Laundry in Residence, Open Porch/Lanai
  • Estimated Living Area: 6379
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 7.00
  • Bedroom Description: Master BR Ground, Master BR Sitting Area
  • Bedrooms: 5+Den
  • Total Bedrooms: 5
  • Dining Room: Breakfast Bar, Family Dining
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Double Oven, Dryer, Freezer, Generator, Gas Grill, Stand-Alone Ice Maker, Microwave, Pot Filler, Range, Refrigerator/Icemaker, Reverse Osmosis, Security System, Self Cleaning Oven, Smoke Detector, Steam Oven, Tankless Water Heater, Wall Oven, Warming Tray, Washer, Water Treatment Owned, Wine Cooler
  • Flooring: Marble, Wood
  • Floor Plan: Great Room
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Closet Cabinets, Coffered Ceiling, Custom Mirrors, Fireplace, Foyer, French Doors, Internet Available, Laundry Tub, Pantry, Smoke Detectors, Surround Sound Wired, Tray Ceiling, Vaulted Ceiling, Walk-In Closet, Wet Bar, Window Coverings
  • Kitchen: Built-In Desk, Gas Available, Island, Walk-In Pantry
  • Primary Bathroom: Dual Sinks, Multiple Shower Heads, Separate Tub And Shower
  • Windows: Casement, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Metal
  • Construction: Concrete Block
  • Irrigation: Central
  • Road: Alley, City Maintained, Paved Road
  • View: Landscaped Area
  • Exterior Features: Built In Grill, Built-In Gas Fire Pit, Outdoor Fireplace, Outdoor Kitchen, Outdoor Shower, Sprinkler Auto, Water Display
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground, Concrete, Heated Gas
  • Private Spa Type: Below Ground, Concrete, Heated Gas

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 3
  • Parking: Circle Drive, Driveway Paved

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric, Gas - Natural
  • Heat: Central Electric
  • Security: Alarm, Private Security System
  • Sewer: Central
  • Water: Central
  • Gas Description: Natural

Condo/Co-op/Association

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

Association/Amenities

  • Pets: No Approval Needed
  • Development: Olde Naples
  • Amenities: Sidewalk, Underground Utility
  • Community Type: Non-Gated
  • Units In Building: 1
  • Total Number of Units: 1

Schools

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

Lot Info

  • Builder Product: No
  • Section: 9
  • Total Area: 8665
  • Waterfront: No
  • Acres: 0.3400
  • Rear Exposure: South
  • Lot Description: Regular
  • Lot Dimensions: 100 X 150
  • Parcel Number: 14008320008

Rental Info

  • Lease Limits: No
  • Leases Per Year: 365
  • Min Days Of Lease: 1

Tax Info

  • Tax Description: City And County
  • Taxes: 34752.65
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2023
Closed on
Feb 16, 2024
Sold by
Bought by
Seller's Agent
Rex Miller
William Raveis Real Estate
Buyer's Agent
Amanda Sadowski
Royal Properties of Naples LLC
List Price
$19,995,000
Sold Price
$16,475,000
Premium/Discount to List
-$3,520,000
-17.6%
Views
210
Current Estimated Value
$11,650,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,824,937
Avg. Annual Appreciation
-13.19%

Purchase Details

Listed on
Jul 24, 2020
Closed on
Jan 28, 2022
Sold by
Bought by
Seller's Agent
Rex Miller
William Raveis Real Estate
Buyer's Agent
Rex Miller
William Raveis Real Estate
List Price
$11,500,000
Sold Price
$11,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.17%
Original Mortgage
$8,000,000
Interest Rate
0.025%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,900,000
Interest Rate
0.036%
Mortgage Type
Amount Keyed Is An Aggregate Amount

Purchase Details

Closed on
Apr 5, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$16,475,000 None Listed On Document
$11,500,000 None Listed On Document
$3,700,000 Attorney
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $8,000,000
Previous Owner $8,900,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2024 02/16/24 Sold $16,475,000 -2.8% $2,583 / Sq Ft
02/02/2024 02/02/24 Pending -- -- --
01/31/2024 01/31/24 Price Changed $16,950,000 -5.8% $2,657 / Sq Ft
01/02/2024 01/02/24 Price Changed $17,995,000 -5.3% $2,821 / Sq Ft
08/22/2023 08/22/23 Price Changed $18,995,000 -5.0% $2,978 / Sq Ft
05/16/2023 05/16/23 For Sale $19,995,000 +73.9% $3,135 / Sq Ft
01/28/2022 01/28/22 Sold $11,500,000 0.0% $1,803 / Sq Ft View Prior Sale
02/01/2021 02/01/21 Pending -- -- --
07/24/2020 07/24/20 For Sale $11,500,000 -- $1,803 / Sq Ft
Source: Naples Area Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $95,708 $12,619,757 $5,280,000 $7,339,757
2024 $106,006 $10,499,378 $5,490,000 $5,009,378
2023 $106,006 $11,455,545 $5,490,000 $5,965,545
2022 $34,753 $3,334,532 $0 $0
2021 $31,106 $3,031,393 $3,031,393 $0
2020 $27,781 $2,736,622 $2,639,213 $97,409
2019 $5,475 $571,538 $0 $0
2018 $5,355 $560,881 $0 $0
2017 $5,268 $549,345 $0 $0
2016 $5,175 $538,046 $0 $0
2015 $5,283 $534,306 $0 $0
2014 $5,301 $479,565 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 223037568

Naples Area Board of REALTORS®

APN: 14008320008

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