$8,000,000
SOLD JUL 17, 2023
0.35 Acre
$22,857,143 Price per Acre
15,246 Sq Ft Lot

Recently Sold

$1,763 Per Sq Ft

9% Below List Price

158 Days on Market

Highlights

  • Community Beach Access
  • Gated Community
  • Rectangular Lot
  • Lake Park Elementary School Rated A
  • Cul-De-Sac

About This Lot

As of July 2023

Offering a unique private homesite in the exclusive Gordon Drive Estates. This incomparable neighborhood has just 9 homesites with beach access just steps away. The only monitored gated community on the beach is a short distance from Third Street South, Fifth Avenue and the Naples Pier. Located on prestigious Gordon Drive, this property has a private gated path to the beach, so no crossing busy streets to enjoy the serene Gulf of Mexico. This discreet enclave has captivating charm with old-world lanterns lighting up a timeless paved cul-de-sac street. The lot is cleared and ready to build your custom dream home.

Last Agent to Sell the Property

Andy D'Jamoos

Premier Sotheby's Int'l Realty License #249520186 Listed on: 01/10/2023

Premier Sotheby's Int'l Realty

Last Buyer's Agent

Andy D'Jamoos

Premier Sotheby's Int'l Realty License #249520186 Listed on: 01/10/2023

Premier Sotheby's Int'l Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $32,819

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 108 x 140 x 108 x 140
  • Property fronts a private road
  • Cul-De-Sac
  • South Facing Home
  • Rectangular Lot
  • Cleared Lot

HOA Fees

  • $898 Monthly HOA Fees

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 15500160008

Community Details

Overview

  • Association fees include management, legal/accounting, ground maintenance, pest control, street lights
  • Gordon Drive Estates Subdivision

Recreation

  • Community Beach Access

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$32,819

Lot Details

0

HOA Fees

$898 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.35
  • Lot Size: 108 x 140 x 108 x 140
  • Road Frontage Type: Private Road
  • Subdivision Name: GORDON DRIVE ESTATES
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Cleared, Rectangular Lot, Cul-De-Sac
  • View: Landscaped
  • Waterfront Features: None
  • Waterfront: No
  • Direction Faces: South

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated, Street Lights
  • Amenities: Beach Rights, Beach Access, Management
  • Association #2 Fee: 898.0
  • Association #2 Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Legal/Accounting, Maintenance Grounds, Pest Control, Street Lights

Lot Info

  • Current Use: Single Family
  • Parcel #: 15500160008

Tax Info

  • Tax Annual Amount: 32818.82
  • Tax Block: 0
  • Tax Lot: 4
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2019
Closed on
Jun 17, 2020
Sold by
B & B Family Llc
Bought by
Lippert Jason
Seller's Agent
Dawn McKenna
Coldwell Banker Realty
Buyer's Agent
Brad Dancer
Premiere Plus Realty Company
List Price
$4,250,000
Sold Price
$3,200,000
Premium/Discount to List
-$1,050,000
-24.71%
Current Estimated Value
$8,790,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,590,021
Avg. Annual Appreciation
22.17%

Purchase Details

Listed on
Jul 31, 2013
Closed on
May 27, 2014
Sold by
Khubchandani Lynne and Khubchandani Indru T
Bought by
B & B Family Llc
Seller's Agent
Keith Buchanan
Sellstate on 5th
Buyer's Agent
Jean Harvey
Keller Williams Elite Realty 2
List Price
$3,375,000
Sold Price
$2,550,000
Premium/Discount to List
-$825,000
-24.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.81%

Purchase Details

Closed on
May 8, 2006
Sold by
Elal & Psp Inc
Bought by
Khubchandani Lynne and Khubchandani Indru T

Purchase Details

Closed on
Jul 10, 1997
Sold by
Khubchandani Indru T and Khubchandani Lynne
Bought by
Elal & P S P Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
7.98%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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

Date Type Sale Price Title Company
Warranty Deed $3,200,000 Attorney
Warranty Deed $2,550,000 Attorney
Trustee Deed $1,427,000 None Available
Warranty Deed $385,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $895,384 New Conventional
Previous Owner $531,250 New Conventional
Previous Owner $400,000 Credit Line Revolving
Previous Owner $800,000 New Conventional
Previous Owner $600,000 New Conventional
Previous Owner $190,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2023 07/17/23 Sold $8,000,000 -9.1% $1,763 / Sq Ft
06/17/2023 06/17/23 Pending -- -- --
01/10/2023 01/10/23 For Sale $8,799,000 +29.4% $1,939 / Sq Ft
04/29/2022 04/29/22 Sold $6,800,000 -2.8% $1,498 / Sq Ft
01/10/2022 01/10/22 Pending -- -- --
10/14/2021 10/14/21 For Sale $6,995,000 0.0% $1,541 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
09/27/2021 09/27/21 For Sale $6,995,000 +118.6% $1,541 / Sq Ft
06/19/2020 06/19/20 Sold $3,200,000 -8.4% $684 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
05/13/2020 05/13/20 Price Changed $3,495,000 -5.5% $748 / Sq Ft
03/11/2020 03/11/20 Price Changed $3,699,000 -5.0% $791 / Sq Ft
01/18/2020 01/18/20 Price Changed $3,895,000 -8.4% $833 / Sq Ft
11/29/2019 11/29/19 For Sale $4,250,000 +66.7% $909 / Sq Ft
05/28/2014 05/28/14 Sold $2,550,000 -24.4% $562 / Sq Ft
03/28/2014 03/28/14 Pending -- -- --
07/31/2013 07/31/13 For Sale $3,375,000 -- $744 / Sq Ft
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 $51,209 $5,533,920 $5,533,920 $0
2022 $32,819 $2,947,573 $0 $0
2021 $35,600 $3,469,327 $2,600,640 $868,687
2020 $30,909 $3,044,732 $2,449,440 $595,292
2019 $29,341 $2,845,582 $0 $0
2018 $26,501 $2,586,893 $2,058,588 $528,305
2017 $26,074 $2,530,622 $2,058,588 $472,034
2016 $28,079 $2,713,976 $0 $0
2015 $27,074 $2,545,357 $0 $0
2014 $21,878 $2,019,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223001353

Florida Gulf Coast Multiple Listing Service

APN: 15500160008