$12,000,000
SOLD OCT 16, 2019
1.01 Acres
$11,881,188 Price per Acre
43,996 Sq Ft Lot

Recently Sold

14% Below List Price

318 Days on Market

Highlights

  • Boat Dock
  • Access to Bay or Harbor
  • Gated Community
  • Lake Park Elementary School Rated A
  • Bay View
  • Waterfront

About This Lot

As of March 2021

Newly available is this unique and captivating over sized lot in prestigious and highly sought after Port Royal! This once in a lifetime opportunity is to own one of the most beautiful panoramic waterfront views anywhere. This rare acre lot with over 150 feet of water frontage overlooks Naples Bay and is situated on the south tip of Galleon Drive for the perfect southwesterly view. There is no bridge and direct access to take a luxury cruise to the Gulf of Mexico. Purchase qualifies for immediate membership to the Port Royal Club. Let your dreams become your reality when you build your luxury home in the most prestigious area of sunny Southwest Florida. Feel the warm sun on your face and picture your new home. Come view today!

Last Agent to Sell the Property

Dave Jennings

Alliance Realty Group License #800502948 Listed on: 11/01/2018

Last Buyer's Agent

Richard Prebish Ii

William Raveis Real Estate License #249514893

William Raveis Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $73,698

Lot Details

  • 1.01 Acre Lot
  • Lot Dimensions are 150 x 291 x 152 x 286
  • Waterfront
  • Northeast Facing Home
  • Oversized Lot

Property Views

  • Bay
  • Gulf

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 73
  • Assessor Parcel Number 17012400005

Community Details

Overview

  • Association fees include cable TV, irrigation water, sewer, trash, water
  • Port Royal Subdivision

Recreation

  • Boat Dock
  • Tennis Courts
  • Access to Bay or Harbor

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$73,698

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 1.01
  • Lot Size: 150 x 291 x 152 x 286
  • Road Surface Type: Paved
  • Subdivision Name: PORT ROYAL
  • Directions: 41 south to Central, west to 2nd street which turns into Gordon, then left on Galleon DR
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Interior Features

  • Possible Use: See Remarks

Exterior Features

  • Lot Features: Oversized Lot
  • View: Bay, Gulf
  • View: Yes
  • Waterfront Features: Bay Access
  • Waterfront: Yes
  • Direction Faces: Northeast

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Gated, Tennis Court(s)

Fee Information

  • Association Fee Includes: Cable TV, Irrigation Water, Sewer, Trash, Water

Lot Info

  • Current Use: Single Family
  • Parcel #: 17012400005
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 73698.0
  • Tax Block: 0
  • Tax Lot: 73
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2021
Closed on
Mar 1, 2021
Sold by
Bellestri Randal D and Randal D Bellestri Living Trus
Bought by
Bieker Michael C and Bieker Susan P
Seller's Agent
Walter Patrick
Premier Sotheby's Int'l Realty
Buyer's Agent
Walter Patrick
Premier Sotheby's Int'l Realty
List Price
$15,000,000
Sold Price
$14,800,000
Premium/Discount to List
-$200,000
-1.33%
Current Estimated Value
$11,593,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,206,637
Avg. Annual Appreciation
-4.90%

Purchase Details

Listed on
Nov 1, 2018
Closed on
Oct 16, 2019
Sold by
Ditsch Ernst Peter
Bought by
Bellestri Randal D and Randal D Bellestri Living Trus
Seller's Agent
Dave Jennings
Alliance Realty Group
Buyer's Agent
Richard Prebish Ii
William Raveis Real Estate
List Price
$13,995,000
Sold Price
$12,000,000
Premium/Discount to List
-$1,995,000
-14.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.41%

Purchase Details

Closed on
Jun 25, 2012
Sold by
Gutierrez Philip L and Gutierrez Kim M
Bought by
Mccready James P and Mccready Gail J

Purchase Details

Closed on
Jun 9, 2005
Sold by
Fleischhauer William M and Fleischhauer Linda K
Bought by
Gutierrez Philip L and Gutierrez Kim M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,500,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 2000
Sold by
Concord Ltd Ptnr
Bought by
Fleischhauer William M and Fleischhauer Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,320,000
Interest Rate
7.9%

Purchase Details

Closed on
Feb 23, 1999
Sold by
Mcnitt James D and Mcnitt Helen L
Bought by
101 Concord Ltd Ptnr

Purchase Details

Closed on
May 12, 1998
Sold by
Yarrington Frederic L and Yarrington Bonnie Jean K
Bought by
Yarrington Bonnie Jean K
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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 Type Sale Price Title Company
Quit Claim Deed -- Attorney
Deed $14,800,000 Attorney
Quit Claim Deed -- Accommodation
Warranty Deed $12,000,000 Accommodation
Warranty Deed $8,500,000 Attorney
Warranty Deed $12,500,000 --
Warranty Deed $2,900,000 --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,950,000 Unknown
Previous Owner $7,500,000 Purchase Money Mortgage
Previous Owner $1,000,000 Unknown
Previous Owner $2,320,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2021 03/01/21 Sold $14,800,000 -1.3% --
01/16/2021 01/16/21 Pending -- -- --
01/09/2021 01/09/21 For Sale $15,000,000 +25.0% --
10/16/2019 10/16/19 Sold $12,000,000 -14.3% --
09/16/2019 09/16/19 Pending -- -- --
11/01/2018 11/01/18 For Sale $13,995,000 -- --
Source: Florida Gulf Coast Multiple Listing Service

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
2023 $170,016 $17,038,560 $0 $0
2022 $151,896 $15,489,600 $15,489,600 $0
2021 $98,598 $9,608,639 $9,608,639 $0
2020 $98,614 $9,714,228 $9,714,228 $0
2019 $94,295 $8,671,010 $0 $0
2018 $80,753 $7,882,736 $7,882,736 $0
2017 $73,698 $7,152,697 $7,152,697 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 218071813

Florida Gulf Coast Multiple Listing Service

APN: 17012400005