NOT LISTED FOR SALE

Estimated Value: $6,785,000 - $21,596,288

6 Beds
6.5 Baths
6,308 Sq Ft
$2,007/Sq Ft Est. Value

Last Sold April 16, 2024

Last sale price $25,000,000 $3,963 Per Sq Ft

Est. 49% decrease in value since last sale

Current estimated payment $78,847/month

364 Days on Market

Highlights

  • Boating
  • Dock made with wood
  • In Ground Pool
  • Lake Park Elementary School Rated A
  • Property Fronts a Bay or Harbor
  • Marble Flooring

About This Home

As of April 2024

A magnificent property has just become available on Rum Row in Port Royal, with approximately 231 feet on the water (as per plat and/or deed). One of the most exceptional views in Naples, Florida! It may be possible to have two spectacular building sites (consult your attorney). Although listed at land value only, the home is quite well conceived and may be of real interest to many buyers. The grounds have been beautifully maintained and some spectacular old growth trees have been preserved. Minutes by water to the Gulf of Mexico through Gordon Pass or the verdant mangrove-lined inland waterways for which Naples is so admired. The property has been in the same ownership for many years. It is rare that such a superb property becomes available. Convenient to all of the Port Royal Club amenities, the property is also in close proximity to the globally acclaimed Third Street and Fifth Avenue South shopping and dining districts. Port Royal Club membership eligibility.

Last Agent to Sell the Property

Richard Prebish

William Raveis Real Estate Listed on: 04/06/2023

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: 04/06/2023

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $146,180

Year Built

  • Built in 1991

Lot Details

  • Lot Dimensions: 173
  • Property Fronts a Bay or Harbor
  • East Facing Home

HOA Fees

  • $66 Monthly HOA Fees

Parking

  • 4 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

  • 6,308 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Den
  • Bay Views

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

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

Outdoor Features

  • In Ground Pool
  • No Fixed Bridges
  • Dock made with wood

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 17411040008

Community Details

Overview

  • Voluntary home owners association
  • Port Royal Community

Recreation

  • Boating
  • Gulf Boat Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$146,180

Year Built

Built in 1991

Lot Details

0

HOA Fees

$66 per month

Parking

4

Listing Details

  • Legal Description: RUM ROW SECT PORT ROYAL S1/2 OF LOT 30 + ALL OF LOT 31 + N1/2 OF LOT 32
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.105298$-81.79138$114.33$13.33$1.00$I0D6i--3CzKZ22UGfeE4Vw
  • Building Design: Single Family
  • Building Description: Other
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 3963.22
  • Total Floors: 2
  • Additional Rooms: Den/Study
  • Estimated Living Area: 6308
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 7.00
  • Bedrooms: 6 or More
  • Total Bedrooms: 6
  • Dining Room: Formal
  • Flooring: Carpet, Marble, Wood
  • Floor Plan: Other
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower

Exterior Features

  • Gulf Access: Yes
  • Private Pool: Yes
  • Private Spa: No
  • Roof: Built-Up Or Flat, Tile
  • Construction: Concrete Block, Wood Frame
  • Gulf Access Type: No Bridge(s)/Water Direct
  • Boat Access: Wooden Dock
  • Irrigation: Reclaimed
  • View: Bay
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground
  • Waterfront Type: Bay

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 4

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: 22
  • Total Area: 8525
  • Waterfront: Yes
  • Rear Exposure: East
  • Lot Dimensions: 173 X 207 X 231 X 231
  • Parcel Number: 17411040008

Rental Info

  • Lease Limits: Yes

Tax Info

  • Tax Description: City And County
  • Taxes: 146179.58
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2023
Closed on
Apr 15, 2024
Sold by
David C Farrell Revocable Trust and Farrell Mark
Bought by
Best Lawrence C
Seller's Agent
Richard Prebish
William Raveis Real Estate
Buyer's Agent
Richard Prebish
William Raveis Real Estate
List Price
$31,900,000
Sold Price
$25,000,000
Premium/Discount to List
-$6,900,000
-21.63%
Views
643
Current Estimated Value
$12,657,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,342,904
Avg. Annual Appreciation
-32.53%

Purchase Details

Closed on
May 27, 2021
Sold by
Farrell David C and The Betty J Farrell Revocable
Bought by
Farrell David C and The Betty J Farrell Residuary

Purchase Details

Closed on
Jan 21, 2011
Sold by
Farrell David C
Bought by
Farrell Betty J

Purchase Details

Closed on
Feb 27, 2009
Sold by
Farrell Betty J
Bought by
Farrell David C

Purchase Details

Closed on
Dec 30, 2005
Sold by
Farrell David C
Bought by
Farrell Betty J

Purchase Details

Closed on
Jan 2, 2001
Sold by
Farrell David C and Farrell Betty J
Bought by
Farrell David C

Purchase Details

Closed on
Aug 25, 2000
Sold by
Klingler Richard E and Klingler Pauline P
Bought by
Farrell David C and Farrell Betty J

Purchase Details

Closed on
Jun 28, 2000
Sold by
Klingler Richard E
Bought by
Farrell David C and Farrell Betty J

Purchase Details

Closed on
Jun 2, 1999
Sold by
Klingler Richard E and Klingler Pauline P
Bought by
Klingler Paline P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Best Lawrence C -- None Listed On Document
Farrell David C -- Attorney
Farrell Betty J -- Attorney
Farrell David C -- None Available
Farrell Betty J -- None Available
Farrell David C -- --
Farrell David C $6,300,000 --
Farrell David C -- --
Klingler Paline P -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2024 04/16/24 Sold $25,000,000 -21.6% $3,963 / Sq Ft
04/04/2024 04/04/24 Pending -- -- --
04/06/2023 04/06/23 For Sale $31,900,000 -- $5,057 / 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
2025 $151,950 $14,298,570 $14,298,570 --
2024 $161,006 $14,961,938 -- --
2023 $161,006 $13,601,762 $0 $0
2022 $146,180 $12,365,238 $0 $0
2021 $115,350 $11,241,125 $9,608,639 $1,632,486
2020 $105,497 $10,392,237 $9,714,228 $678,009
2019 $128,843 $12,090,019 $0 $0
2018 $114,089 $10,990,926 $0 $0
2017 $104,164 $9,991,751 $0 $0
2016 $96,547 $9,083,410 $0 $0
2015 $93,631 $8,257,645 $0 $0
2014 $86,038 $7,506,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 223024314

Naples Area Board of REALTORS®

APN: 17411040008