NOT LISTED FOR SALE

Estimated Value: $6,928,000 - $22,850,494

6 Beds
9 Baths
11,912 Sq Ft
$1,090/Sq Ft Est. Value

Sale Details

Date Sold: August 16, 2024

Last sale price $26,000,000 $2,183 Per Sq Ft

Est. 50% decrease in value since last sale

Current estimated payment $78,256 / mo

165 Days on Market

Highlights

  • Dock Available
  • Boating
  • Property Fronts a Bay or Harbor
  • Lake Park Elementary School Rated A
  • 2 Bedroom Guest House
  • In Ground Pool

About This Home

As of August 2024

Now available, an assemblage of two and one half Port Royal lots overlooking the magnificent wide water of Morgan's Cove with approximately 313 feet of water frontage (per plat and/or deed). One of the most desired panoramic water views in Port Royal with room for a significant yacht. The extraordinarily large building envelope coupled with the substantial water frontage allows for a myriad of exciting design opportunities. A gracious residence, originally built in 1994 and then significantly renovated and added on to in 2002 by one of Naples most sought after builders, Newbury North Associates, currently resides on the property in a charming relationship with the expansive and superbly landscaped grounds that surround it. This rare opportunity is in close proximity to all of the Port Royal Club amenities. Morgan's Cove is the perfect location for a boater, with direct access to Gordon Pass and the Gulf of Mexico or just moments from the inland waterways leading south to the fly fishing estuaries of the Ten Thousand Islands. Port Royal Club membership eligibility.

Last Agent to Sell the Property

Richard Prebish

William Raveis Real Estate Listed on: 11/30/2023

William Raveis Real Estate

Co-Listed By

Thomas Campbell Jr

William Raveis Real Estate

Last Buyer's Agent

Richard Prebish

William Raveis Real Estate Listed on: 11/30/2023

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $87,949

Year Built

  • Built in 1994

Lot Details

  • Lot Dimensions are 234 x 190 x 313 x 209
  • Property Fronts a Bay or Harbor
  • Northeast Facing Home

HOA Fees

  • $66 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Deeded Parking

Home Design

  • Entry on the 1st floor
  • Flat Roof Shape
  • Concrete Block With Brick
  • Wood Frame Construction
  • Stucco
  • Tile

Interior Spaces

  • 11,912 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Casement Windows
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Bay Views

Kitchen

  • Breakfast Bar
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • No Fixed Bridges
  • Dock Available
  • Outdoor Kitchen

Additional Homes

  • 2 Bedroom Guest House
  • Two Bathroom Guest House

Utilities

  • Central Heating and Cooling System
  • Power Generator
  • Propane
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 16960280006

Community Details

Overview

  • Voluntary home owners association
  • Port Royal Community

Recreation

  • Boating
  • Gulf Boat Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$87,949

Year Built

Built in 1994

Lot Details

0.67 Acres

HOA Fees

$66 per month

Parking

3

Listing Details

  • Legal Description: FT CHARLES DR SECT PORT ROYAL LOTS 8, 9 & NW1/2 OF LOT 10
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.111391$-81.797602$32.56$13.33$1.00$4hXfBUfVwDOu5HPuknoZww
  • Building Design: Single Family
  • Building Description: Other
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 2182.67
  • Total Floors: 2
  • Additional Rooms: Den/Study, Family Room
  • Estimated Living Area: 11912
  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Total Bathrooms: 9.00
  • Bedrooms: 6 or More
  • Total Bedrooms: 6
  • Dining Room: Breakfast Bar, Family Dining, Formal
  • Equipment: Dishwasher, Dryer, Generator, Range, Refrigerator/Freezer, Washer
  • Flooring: Carpet, Other, Tile, Wood
  • Floor Plan: Other
  • Interior Amenities: Fireplace, Foyer
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Windows: Casement

Exterior Features

  • Gulf Access: Yes
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Built-Up Or Flat, Tile
  • Construction: Concrete Block, Wood Frame
  • Gulf Access Type: No Bridge(s)/Water Direct
  • Boat Access: Dock Included
  • Irrigation: Reclaimed
  • View: Bay
  • Exterior Features: Outdoor Kitchen
  • Exterior Finish: Stucco
  • Guest House: 2+ Baths, 2+ Bedrooms
  • Private Pool Type: Below Ground
  • Private Spa Type: Below Ground
  • Waterfront Type: Bay

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 3

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central
  • Gas Description: Propane

Condo/Co-op/Association

  • Mandatory HOA: No
  • Restrictions: Deeded
  • Sub Condo Name: PORT ROYAL
  • HOA Description: Voluntary
  • HOA Fees: 795
  • HOA Fee Frequency: Annually
  • Development Name: PORT ROYAL

Association/Amenities

  • Pets: No Approval Needed
  • Development: Port Royal
  • Community Type: Boating, Non-Gated
  • Units In Building: 1
  • Total Number of Units: 1

Lot Info

  • Builder Product: No
  • Section: 16
  • Total Area: 17892
  • Waterfront: Yes
  • Rear Exposure: Northeast
  • Lot Description: Other
  • Lot Dimensions: 234 X 190 X 313 X 209
  • Parcel Number: 16960280006

Rental Info

  • Lease Limits: Yes

Tax Info

  • Tax Description: City And County
  • Taxes: 87948.54
  • Tax Year: 2023

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
Nov 30, 2023
Closed on
Aug 16, 2024
Sold by
Bought by
Seller's Agent
Richard Prebish
William Raveis Real Estate
Buyer's Agent
Richard Prebish
William Raveis Real Estate
List Price
$33,500,000
Sold Price
$26,000,000
Premium/Discount to List
-$7,500,000
-22.39%
Views
295
Current Estimated Value
$12,985,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,014,835
Avg. Annual Appreciation
-29.96%

Purchase Details

Closed on
Jun 17, 2021
Sold by
Bought by

Purchase Details

Closed on
Oct 20, 2020
Sold by
Bought by

Purchase Details

Closed on
May 26, 2020
Sold by
Bought by

Purchase Details

Closed on
May 6, 2020
Sold by
Bought by

Purchase Details

Closed on
Dec 21, 2017
Sold by
Bought by

Purchase Details

Closed on
Jul 7, 2000
Sold by
Bought by

Purchase Details

Closed on
Jan 12, 2000
Sold by
Bought by
Source: Public Records
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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
$26,000,000 None Listed On Document
-- Attorney
-- None Listed On Document
-- Attorney
-- Attorney
-- Attorney
-- --
$2,460,000 --
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
08/16/2024 08/16/24 Sold $26,000,000 -22.4% $2,183 / Sq Ft
05/13/2024 05/13/24 Pending -- -- --
11/30/2023 11/30/23 For Sale $33,500,000 -- $2,812 / 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 $89,248 $9,455,875 $9,455,875
2024 $87,949 $9,828,831
2023 $87,949 $9,542,554
2022 $204,180 $18,317,479 $0 $0
2021 $170,875 $16,652,254 $10,623,413 $6,028,841
2020 $89,667 $8,870,565 $0 $0
2019 $88,607 $8,671,129 $0 $0
2018 $86,787 $8,509,449 $0 $0
2017 $85,487 $8,334,426 $0 $0
2016 $84,069 $8,163,003 $0 $0
2015 $85,828 $8,106,259 $0 $0
2014 $86,161 $7,991,924 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 223086554

Naples Area Board of REALTORS®

APN: 16960280006

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