NOT LISTED FOR SALE

Estimated Value: $8,046,000 - $15,504,000

0.79 Acre
$14,994,935 Price per Acre
34,434 Sq Ft Lot

Last Sold April 09, 2018

Last sale price $7,360,000

Est. 63% increase in value since last sale

Current estimated payment $74,341/month

393 Days on Market

Highlights

  • Community Beach Access
  • Private Dock
  • Home fronts navigable water
  • Lake Park Elementary School Rated A
  • Boating
  • Water access To Gulf or Ocean

About This Lot

As of April 2018

Opportunity knocks! A stunning, very private property with deeded beach access. This single-family estate lot with over 160 feet of waterfront has come to market on Gordon Drive. Entry to this exceptional property is via a 200-plus-foot lushly landscape driveway, acting as a beautiful buffer. The property only then opens up to stunning views overlooking Champney Bay, where beautiful natural preserved mangroves and wildlife abound and entice all of your senses. Moments away lies your beach access for beach combing, sunsets and more. A detached guesthouse is also a possibility. Preliminary concepts have been developed by renowned architect Mark Leonardi alongside Port Royal's finest builder, A. Vernon Allen Builder. Direct Gulf access and Associate Port Royal Beach Club Membership eligibility complete this rare jewel.

Last Agent to Sell the Property

Peter Reppucci

William Raveis Real Estate License #NAPLES-249500930 Listed on: 02/07/2017

William Raveis Real Estate

Last Buyer's Agent

Walter Patrick

Premier Sotheby's Int'l Realty License #NAPLES-249523644

Premier Sotheby's Int'l Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $53,243

Lot Details

  • 0.79 Acre Lot
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • East Facing Home
  • Cleared Lot

Parking

  • Deeded Parking

Property Views

  • Bay Views

Community Details

Overview

  • Port Royal Condos

Recreation

  • Boating
  • Community Beach Access
  • Water access To Gulf or Ocean
  • Private Dock
  • Dock made with wood

Property Details

Property Type

Land

Est. Annual Taxes

$53,243

Lot Details

0

Listing Details

  • Legal Description: FAIRLINGTON SUBD LOT 5 OR 1288 PG 795
  • Property Type: Lot & Land
  • Table: Lot & Land
  • Street View Param: 1$26.10465161764537$-81.80211177026405$84.26$13.33$1.00$98f_AeiOEidECiRt9wafaQ
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Gulf Access Type: No Bridge(s)
  • Gulf Access Yn: Yes
  • Waterfront Description: Bay, Navigable
  • Boat Access: Boat Dock Private, Dock Included, Wooden Dock
  • Road: City Maintained
  • View: Bay, Water

Utilities

  • Utilities Available: Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Approval: Buyer
  • Restrictions: Deeded
  • Sub Condo Name: PORT ROYAL

Association/Amenities

  • Development: Port Royal
  • Amenities: Beach Access
  • Community Type: Boating

Lot Info

  • Lot Back: 164
  • Lot Frontage: 62
  • Lot Left: 404
  • Lot Right: 389
  • Lot Unit: 5
  • Price Per Acre: 9310562.93
  • Section: 21
  • Acres: 0.7905
  • Waterfront: Yes
  • Ground Cover: Grass, Mangrove
  • Land Improvements: Cleared
  • Land Use Code: 00-Vacant Residential
  • Lot Type: Residential Lot
  • Rear Exposure: E
  • Usage: Single Family

Tax Info

  • Taxes: 53243.00
  • Tax Year: 2017
  • Tax Description: City And County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2017
Closed on
Apr 9, 2018
Sold by
Water Wind Llc
Bought by
Dematteo John and Dematteo Kristine G
Seller's Agent
Peter Reppucci
William Raveis Real Estate
Buyer's Agent
Walter Patrick
Premier Sotheby's Int'l Realty
List Price
$7,995,000
Sold Price
$7,360,000
Premium/Discount to List
-$635,000
-7.94%
Current Estimated Value
$12,004,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,644,000
Avg. Annual Appreciation
9.88%

Purchase Details

Listed on
Dec 16, 2015
Closed on
Aug 1, 2016
Bought by
Water & Wind Llc
Seller's Agent
Karen Van Arsdale
Premier Sotheby's Int'l Realty
Buyer's Agent
Peter Reppucci
William Raveis Real Estate
List Price
$7,950,000
Sold Price
$6,075,000
Premium/Discount to List
-$1,875,000
-23.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.25%
Original Mortgage
$4,355,000
Interest Rate
3.43%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 10, 2014
Sold by
Sabre Cay Lp
Bought by
3575 Gordon Drive Llc

Purchase Details

Closed on
Mar 15, 2012
Sold by
Mcnitt James D and Mcnitt Helen L
Bought by
Sabre Cay Lp
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 Buyer Sale Price Title Company
Dematteo John $7,360,000 Attorney
Water & Wind Llc $6,075,000 --
3575 Gordon Drive Llc -- Attorney
Sabre Cay Lp -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Water & Wing Llc $4,355,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2018 04/09/18 Sold $7,360,000 -3.1% --
03/07/2018 03/07/18 Pending -- -- --
01/18/2018 01/18/18 Price Changed $7,595,000 -5.0% --
02/07/2017 02/07/17 For Sale $7,995,000 +31.6% --
08/11/2016 08/11/16 Sold $6,075,000 -23.6% --
06/23/2016 06/23/16 Pending -- -- --
12/16/2015 12/16/15 For Sale $7,950,000 -- --
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 $103,420 $7,692,975 $0 $0
2022 $80,945 $6,993,614 $0 $0
2021 $65,240 $6,357,831 $6,342,336 $15,495
2020 $65,243 $6,426,967 $6,412,032 $14,935
2019 $68,817 $6,705,206 $6,690,816 $14,390
2018 $58,600 $5,684,179 $0 $0
2017 $53,243 $5,167,435 $5,154,048 $13,387
2016 $28,286 $2,524,221 $0 $0
2015 $27,930 $2,294,746 $0 $0
2014 $22,454 $2,086,133 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 217010685

Naples Area Board of REALTORS®

APN: 07580200006