$10,000,000
SOLD AUG 15, 2022
0.51 Acre
$19,607,843 Price per Acre
22,216 Sq Ft Lot

Recently Sold

$2,514 Per Sq Ft

16% Below List Price

1 Day on Market

Highlights

  • Boating
  • Water access To Gulf or Ocean
  • Door to Door Trash Pickup
  • Lake Park Elementary School Rated A
  • Home fronts a canal
  • Paved or Partially Paved Lot

About This Lot

As of August 2022

Enjoy the beautiful sunsets from this western exposure Port Royal property. Cleared Deepwater lot with direct golf access is ready for you to build your custom dream home! Port Royal Club membership eligibility.

Last Agent to Sell the Property

Frank Sajtar

William Raveis Real Estate License #NAPLES-249520457 Listed on: 02/04/2022

William Raveis Real Estate

Last Buyer's Agent

Frank Sajtar

William Raveis Real Estate License #NAPLES-249520457 Listed on: 02/04/2022

William Raveis Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $40,676

Lot Details

  • 0.51 Acre Lot
  • Home fronts a canal
  • West Facing Home
  • Paved or Partially Paved Lot
  • Irrigation

Parking

  • Deeded Parking

Property Views

  • Canal Views

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 17061360002

Community Details

Recreation

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

Additional Features

  • Port Royal Condos
  • Door to Door Trash Pickup

Property Details

Property Type

Land

Est. Annual Taxes

$40,676

Lot Details

0

Listing Details

  • Legal Description: GIN LANE SECT PORT ROYAL LOT 38 OR 925 PG 522
  • Property Type: Lot & Land
  • Table: Lot & Land
  • Street View Param: 1$26.108422$-81.795169$220.56$13.33$1.00$m7OqZkwrjx3t3KGFnPpHfg
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Canal Width: Canal Width 81-120
  • Gulf Access Type: No Bridge(s)/Water Direct
  • Gulf Access Yn: Yes
  • Waterfront Description: Canal
  • Road: Paved Road
  • View: 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: Deeded
  • Sub Condo Name: PORT ROYAL

Association/Amenities

  • Development: Port Royal
  • Community Type: Boating

Lot Info

  • Lot Back: 101
  • Lot Frontage: 100
  • Lot Left: 223
  • Lot Right: 215
  • Lot Unit: 38
  • Price Per Acre: 19607843.14
  • Section: 15
  • Acres: 0.5100
  • Waterfront: Yes
  • Land Use Code: 00-Vacant Residential
  • Lot Description: Regular
  • Lot Type: Residential Lot
  • Rear Exposure: W
  • Usage: Single Family
  • Parcel Number: 17061360002

Tax Info

  • Taxes: 40676.00
  • Tax Year: 2021
  • Tax Description: City And County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2022
Closed on
Aug 15, 2022
Sold by
Sara Campbell Gillian
Bought by
Cava Re Investors Llc
Seller's Agent
Frank Sajtar
William Raveis Real Estate
Buyer's Agent
Frank Sajtar
William Raveis Real Estate
List Price
$11,900,000
Sold Price
$10,000,000
Premium/Discount to List
-$1,900,000
-15.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.38%
Original Mortgage
$7,500,000
Outstanding Balance
$7,227,499
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving
Estimated Equity
$9,029,577

Purchase Details

Closed on
Mar 28, 2013
Sold by
Westbury Little Harbour Inc
Bought by
Campbell Gillian Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,100,000
Interest Rate
3.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 2012
Sold by
Sonne Jonathan E and Lambert Rebecca W
Bought by
Westbury Little Harbour Inc

Purchase Details

Closed on
Dec 15, 2010
Sold by
Williams David Nicol and Williams Roger Nicol
Bought by
Sonne Jonathan E and Lambert Rebecca W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
3.87%
Mortgage Type
New Conventional
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 $10,000,000 Quarles & Brady Llp
Warranty Deed $3,072,000 Attorney
Warranty Deed $2,650,000 Attorney
Warranty Deed $2,500,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $7,500,000 Credit Line Revolving
Previous Owner $3,100,000 Purchase Money Mortgage
Previous Owner $1,750,000 New Conventional
Previous Owner $3,800,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2025 03/24/25 Price Changed $25,900,000 -12.2% $3,164 / Sq Ft
02/10/2025 02/10/25 For Sale $29,500,000 +195.0% $3,603 / Sq Ft
08/15/2022 08/15/22 Sold $10,000,000 -8.3% $2,514 / Sq Ft
02/15/2022 02/15/22 Price Changed $10,900,000 -8.4% $2,740 / Sq Ft
02/05/2022 02/05/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $11,900,000 -- $2,991 / Sq Ft
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 $87,874 $9,496,080 $9,496,080 $0
2022 $50,509 $4,360,356 $0 $0
2021 $40,676 $3,963,960 $3,963,960 $0
2020 $40,682 $4,007,520 $4,007,520 $0
2019 $41,913 $3,987,760 $0 $0
2018 $37,138 $3,625,236 $3,625,236 $0
2017 $36,565 $3,344,957 $0 $0
2016 $31,461 $3,040,870 $0 $0
2015 $31,193 $2,932,654 $0 $0
2014 $30,867 $2,867,724 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Naples Area Board of REALTORS®

MLS Number: 222007707

Naples Area Board of REALTORS®

APN: 17061360002