$4,600,000
SOLD DEC 16, 2020
0.46 Acre
$10,000,000 Price per Acre
20,038 Sq Ft Lot

Recently Sold

8% Below List Price

606 Days on Market

Highlights

  • Boating
  • Home fronts navigable water
  • Bay View
  • Lake Park Elementary School Rated A
  • Water access To Gulf or Ocean
  • Tennis Courts

About This Lot

As of December 2020

L.2235 - An opportunity to buy in the prestigious Port Royal neighborhood on deep navigable water and build your luxurious dream home, dock your sailboat, and enjoy sunny Southwest exposure on your pool. Plenty of room for a spacious home and yard! Recently improved rip-rap along shoreline; nearly 1/2 acre cleared lot, on the lovely palm tree lined Gin Lane amidst gorgeous mansions and mature tropical landscaping. Eligible for Port Royal Club Primary Membership.

Last Agent to Sell the Property

Bill Earls

John R Wood Properties License #NAPLES-249500719 Listed on: 04/01/2019

John R Wood Properties

Co-Listed By

Larry Lappin Jr

John R Wood Properties License #NAPLES-249500505

Last Buyer's Agent

Marybeth Brooks

William Raveis Real Estate License #NAPLES-249514386

William Raveis Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $40,549

Lot Details

  • 0.46 Acre Lot
  • Home fronts navigable water
  • Home fronts a canal
  • West Facing Home
  • Irrigation

Property Views

  • Bay
  • Canal

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 17061460009

Community Details

Overview

  • Voluntary home owners association
  • Port Royal Condos
  • Port Royal Community

Amenities

  • Door to Door Trash Pickup

Recreation

  • Boating
  • Tennis Courts
  • Water access To Gulf or Ocean
  • No Fixed Bridges

Property Details

Property Type

Land

Est. Annual Taxes

$40,549

Lot Details

0

Listing Details

  • Legal Description: GIN LANE SECT PORT ROYAL LOT 41
  • Property Type: Lot & Land
  • Table: Lot & Land
  • Street View Param: 1$26.109043$-81.795414$244.50$13.33$1.00$dJ3MiIbxDep7-f_Po1QowQ
  • Property Information: L.2235 - An opportunity to buy in the prestigious Port Royal neighborhood on deep navigable water and build your luxurious dream home, dock your sailboat, and enjoy sunny Southwest exposure on your pool. Plenty of room for a spacious home and yard! Recently improved rip-rap along shoreline; nearly 1/2 acre cleared lot, on the lovely palm tree lined Gin Lane amidst gorgeous mansions and mature tropical landscaping. Eligible for Port Royal Club Primary Membership.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Canal Width: Canal Width 151-200
  • Gulf Access Type: No Bridge(s)/Water Direct
  • Gulf Access Yn: Yes
  • Waterfront Description: Canal, Navigable
  • Road: City Maintained
  • Subdivision Info: Voluntary Hoa
  • View: Bay, Canal

Utilities

  • Utilities Available: Cable, Electric, Gas, Irrigation Water, Phone Line, Sewer, Trash Removal, Underground Wiring, Water
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Restrictions: Architectural
  • Sub Condo Name: PORT ROYAL
  • HOA Description: Voluntary
  • Development Name: PORT ROYAL

Association/Amenities

  • Development: Port Royal
  • Community Type: Boating, Non-Gated, Tennis

Lot Info

  • Lot Back: 93
  • Lot Frontage: 108
  • Lot Left: 212
  • Lot Right: 216
  • Lot Unit: 41
  • Price Per Acre: 10000000.00
  • Section: 22
  • Acres: 0.4600
  • Waterfront: Yes
  • Ground Cover: Grass
  • Land Use Code: 00-Vacant Residential
  • Lot Description: Regular
  • Lot Type: Residential Lot
  • Rear Exposure: W
  • Parcel Number: 17061460009

Tax Info

  • Taxes: 40549.17
  • Tax Year: 2019
  • Tax Description: City And County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2019
Closed on
Dec 16, 2020
Sold by
Giddens Joanne N
Bought by
3240 Gin Lane Llc
Seller's Agent
Bill Earls
John R Wood Properties
Buyer's Agent
Marybeth Brooks
William Raveis Real Estate
List Price
$5,000,000
Sold Price
$4,600,000
Premium/Discount to List
-$400,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.47%

Purchase Details

Closed on
Sep 8, 2004
Sold by
Hamilton Management Services Inc
Bought by
Giddens Joanne N

Purchase Details

Closed on
Jan 2, 1996
Sold by
Cvowan John L
Bought by
Hamilton Mgmt Svc Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$933,333
Interest Rate
7.29%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $4,600,000 Accommodation
Deed $9,050,000 --
Warranty Deed $2,900,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $2,760,000 Commercial
Previous Owner $933,333 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2025 02/23/25 For Sale $25,950,000 +464.1% $3,437 / Sq Ft
12/16/2020 12/16/20 Sold $4,600,000 -4.1% --
11/27/2020 11/27/20 Pending -- -- --
10/01/2020 10/01/20 Price Changed $4,795,000 -4.1% --
04/01/2019 04/01/19 For Sale $5,000,000 -- --
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
2023 $63,264 $4,700,464 $0 $0
2022 $49,499 $4,273,149 $0 $0
2021 $39,862 $3,884,681 $3,884,681 $0
2020 $39,869 $3,927,370 $3,927,370 $0
2019 $40,549 $3,806,495 $0 $0
2018 $35,450 $3,460,450 $3,460,450 $0
2017 $34,903 $3,192,911 $0 $0
2016 $30,031 $2,902,646 $0 $0
2015 $29,520 $2,749,766 $0 $0
2014 $28,232 $2,499,787 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 219025416

Naples Area Board of REALTORS®

APN: 17061460009