NOT LISTED FOR SALE

Estimated Value: $944,000

1.9 Acres
$496,842 Price per Acre
82,764 Sq Ft Lot

Last Sold March 31, 2021

Last sale price $1,700,000

Est. 44% decrease in value since last sale

Current estimated payment $5,586/month

108 Days on Market

About This Lot

As of March 2021

Strategically located directly across from Celebration Park waterfront food truck park. This 1.9 acre parcel is made up of 3 PIDs 71580250008, 71580260001, 61841600006 that are located in the Bayshore redevelopment overly district. Strategically located directly across from Celebration Park waterfront food truck park. It is ideally suited for mixed use development and has already received favorable preliminary approval for 24 work/live Key West style condos which could include retail, art studio, etc. below the living areas. This property also features water frontage allowing for approx. 17 boat slips. This property is less than 1.5 miles from downtown Naples 5th Ave. See survey under supplements.

Last Agent to Sell the Property

Sherry Irvin

Premier Sotheby's Int'l Realty Listed on: 10/03/2020

Premier Sotheby's Int'l Realty

Last Buyer's Agent

Cody Shadley

Kova Commercial of Naples LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,965

Lot Details

  • 1.9 Acre Lot
  • East Facing Home

Community Details

  • Bayshore Commercial Condos

Listing and Financial Details

  • Assessor Parcel Number 71580250008

Property Details

Property Type

Land

Est. Annual Taxes

$3,965

Lot Details

0

Listing Details

  • Legal Description: ROYAL PALM TERRACE LOTS 28-31 LESS W 25FT, LOTS 60-63 LESS E 45FT, ALONG WITH THAT PART OF VACATED JOYCE AVE WHICH
  • Property Type: Lot & Land
  • Table: Lot & Land
  • Street View Param: 1$26.126248$-81.77012000000002$123.57$13.33$1.00$QKpMOE60jeA1qUCFXnQ29w
  • Other Pi Ds: 61841600006, 71580260001
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Gulf Access Yn: No
  • Road: County Maintained

Condo/Co-op/Association

  • Sub Condo Name: BAYSHORE COMMERCIAL

Association/Amenities

  • Development: Bayshore Commercial

Lot Info

  • Price Per Acre: 894736.84
  • Section: 11
  • Acres: 1.9000
  • Waterfront: No
  • Land Use Code: 10-Vacant Commercial
  • Lot Description: 3 Lots
  • Lot Type: Residential Lot
  • Rear Exposure: E
  • Usage: Commercial
  • Parcel Number: 71580250008

Tax Info

  • Tax District Type: Community Development District
  • Taxes: 3965.32
  • Tax Year: 2019
  • Tax Description: County Only

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2021
Sold by
Pleasant Oak Farm Llc
Bought by
Radovichg Charles A and Thomas Burgess Gst Trust
Current Estimated Value
$944,000

Purchase Details

Listed on
Oct 3, 2020
Closed on
Mar 30, 2021
Sold by
Right Time Management Llc
Bought by
Pleasant Oak Farm Llc
Seller's Agent
Sherry Irvin
Premier Sotheby's Int'l Realty
Buyer's Agent
Cody Shadley
Kova Commercial of Naples LLC
List Price
$1,995,000
Sold Price
$1,700,000
Premium/Discount to List
-$295,000
-14.79%

Purchase Details

Listed on
Feb 10, 2015
Closed on
Jan 31, 2019
Sold by
Cantoni Edda and Theiss Edda
Bought by
Right Time Management Llc
Seller's Agent
Jack Veldhoven
Premiere Plus Realty Company
Buyer's Agent
Sherry Irvin
Premier Sotheby's Int'l Realty
List Price
$550,000
Sold Price
$450,000
Premium/Discount to List
-$100,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
85.03%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Buyer Sale Price Title Company
Radovichg Charles A -- Accommodation
Pleasant Oak Farm Llc $1,700,000 Sandcastle Title Llc
Pleasant Oak Farm Llc $1,700,000 Sandcastle Title
Right Time Management Llc $450,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2021 03/31/21 Sold $1,700,000 -14.8% --
01/19/2021 01/19/21 Pending -- -- --
10/03/2020 10/03/20 For Sale $1,995,000 +343.3% --
01/31/2019 01/31/19 Sold $450,000 -18.2% -- View Prior Sale
12/20/2018 12/20/18 Pending -- -- --
11/13/2018 11/13/18 For Sale $550,000 0.0% --
10/23/2018 10/23/18 Pending -- -- --
02/20/2015 02/20/15 For Sale $550,000 -- --
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 $7,795 $704,000 -- --
2024 $7,950 $640,000 $640,000 --
2023 $7,950 $640,000 $640,000 $0
2022 $8,527 $640,000 $640,000 $0
2021 $6,614 $480,000 $480,000 $0
2020 $6,561 $480,000 $480,000 $0
2019 $3,965 $176,000 $0 $0
2018 $2,197 $160,000 $160,000 $0
2017 $2,211 $160,000 $160,000 $0
2016 $2,218 $160,000 $0 $0
2015 $2,245 $160,000 $0 $0
2014 $2,266 $160,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 220064036

Naples Area Board of REALTORS®

APN: 71580250008