$31,500,000
SOLD MAR 14, 2024
0.5 Acre
-- Price per Acre
-- Sq Ft Lot

Recently Sold

$8,651 Per Sq Ft

21% Below List Price

260 Days on Market

Highlights

  • Beach Front
  • Lake Park Elementary School Rated A
  • Gulf View

About This Lot

As of March 2024

Extremely rare opportunity to acquire a significant beachfront property stretching from the beach to Gulf Shore Blvd. South. Create your own private enclave while being conveniently located near the celebrated restaurants and shopping districts of 5th Avenue South and 3rd Street South.

Last Agent to Sell the Property

Richard Prebish Ii

William Raveis Real Estate License #249514893 Listed on: 06/27/2023

William Raveis Real Estate

Co-Listed By

Thomas Campbell Jr

William Raveis Real Estate License #249500036

Last Buyer's Agent

James Bates

Premier Sotheby's Int'l Realty License #249518214

Premier Sotheby's Int'l Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $165,062

Lot Details

  • Beach Front
  • Property fronts gulf or ocean
  • East Facing Home

Property Views

  • Gulf Views

Community Details

  • Olde Naples Subdivision

Listing and Financial Details

  • Legal Lot and Block See Remarks / 16
  • Assessor Parcel Number 14003520007

Property Details

Property Type

Land

Est. Annual Taxes

$165,062

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Co List Office Mls Id: NWRF3
  • Co List Office Phone: 239-307-4612
  • Subdivision Name: OLDE NAPLES
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: See Remarks
  • View: Gulf
  • View: Yes
  • Waterfront Features: Beach Front, Gulf
  • Waterfront: Yes
  • Disclosures: Disclosure on File
  • Direction Faces: East

Utilities

  • Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 14003520007
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 165062.5
  • Tax Block: 16
  • Tax Lot: See Remarks
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2023
Closed on
Mar 14, 2024
Sold by
Gorman Lisa M
Bought by
Ocean Breeze 131 Llc
Seller's Agent
Richard Prebish Ii
William Raveis Real Estate
Buyer's Agent
James Bates
Premier Sotheby's Int'l Realty
List Price
$40,000,000
Sold Price
$31,500,000
Premium/Discount to List
-$8,500,000
-21.25%
Views
218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-38.44%
Original Mortgage
$20,475,000
Outstanding Balance
$20,232,452
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
-$3,949,267

Purchase Details

Closed on
Sep 1, 2015
Bought by
Gorman Lisa M

Purchase Details

Closed on
Jul 7, 2010
Sold by
Mansour Brain A and Mansour Denise M
Bought by
Gorman Leon A and Gorman Lisa M

Purchase Details

Closed on
Jul 18, 2002
Sold by
Edwards Magdalen S
Bought by
Mansour Brian A and Mansour Denise M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,375,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2000
Sold by
Edwards Samuel P
Bought by
Edwards Magdalen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
7.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 1994
Sold by
Gridley John H and Gridley Melissa J
Bought by
Edwards Magdalen S
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
Warranty Deed $31,500,000 None Listed On Document
Deed $100 --
Warranty Deed $7,500,000 Attorney
Warranty Deed $4,500,000 --
Quit Claim Deed -- --
Warranty Deed $1,280,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $20,475,000 New Conventional
Previous Owner $5,040,000 Unknown
Previous Owner $3,375,000 Purchase Money Mortgage
Previous Owner $800,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2025 02/18/25 For Sale $24,950,000 -20.8% --
03/14/2024 03/14/24 Sold $31,500,000 -21.3% $8,651 / Sq Ft
03/14/2024 03/14/24 Pending -- -- --
06/27/2023 06/27/23 For Sale $40,000,000 -- $10,986 / 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 $169,173 $15,552,405 $0 $0
2022 $165,063 $14,138,550 $0 $0
2021 $131,892 $12,853,227 $12,661,840 $191,387
2020 $130,369 $12,842,295 $12,661,840 $180,455
2019 $123,355 $12,019,137 $11,927,440 $91,697
2018 $125,283 $12,229,529 $11,927,440 $302,089
2017 $121,934 $11,462,242 $0 $0
2016 $116,333 $10,420,220 $0 $0
2015 $100,760 $9,472,927 $0 $0
2014 $94,555 $8,784,654 $0 $0
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223030086

Florida Gulf Coast Multiple Listing Service

APN: 14003520007