NOT LISTED FOR SALE

Estimated Value: $2,220,000 - $3,171,000

1 Bed
1 Bath
736 Sq Ft
$3,472/Sq Ft Est. Value

Sale Details

Date Sold: January 13, 2025

Last sale price $2,500,000 $3,397 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $15,148 / mo

42 Days on Market

Highlights

  • 1 Bedroom Guest House
  • Fruit Trees
  • Shutters
  • Lake Park Elementary School Rated A
  • Room in yard for a pool
  • 2-minute walk to Rodgers Park

About This Home

As of January 2025

Rare Investment Opportunity in the Heart of Olde Naples. This .17-acre lot in prestigious downtown Olde Naples includes three existing structures—a main house and two guest cottages, each with its own paved driveways with rear alley access—providing the potential to restore the dwellings or build a new, expansive residence. Zoned R3-12, the property offers the unique potential to build two attached dwellings or a single, expansive residence. Whether you envision a single-story retreat, a grand two-story home, or want to restore the existing structures to their former charm, this lot offers endless possibilities for creating your ideal beach haven in one of Naples’ most sought after neighborhoods. Located just a few blocks from pristine Gulf of Mexico beaches, opportunities like this are becoming increasingly rare in downtown Naples. Situated in the highly coveted Naples Historic District, you’re just a short walk to 5th Ave South and 3rd Street South, where you can enjoy world-class dining, endless entertainment, charming boutiques, antique stores, and upscale shopping! With its unbeatable location, just two blocks from miles of stunning white sand beaches, you’re also minutes from iconic landmarks like the Naples Pier, Cambier Park, Tin City, the Naples City Dock, and vibrant cultural events including art shows, car shows, free concerts at Cambier Park, live entertainment, and holiday parades and events- including art shows, car shows, free concerts at Cambier Park, and seasonal parades on 5th Ave South. Picture starting your day with a morning swim at the beach, watching the glorious Naples Sunset from the beach everyday- that seems exclusive to Naples, or strolling to nearby cafés and shops, all just minutes from your front door. This is an ideal setting to create your dream coastal retreat. Surrounded by multi-million dollar homes, this rare lot offers a once-in-a-lifetime opportunity to create your ideal lifestyle in the heart of Olde Naples, where luxury, history, and charm seamlessly come together. Don’t miss your chance to own a piece of property in this highly sought-after location. Opportunities to build in this prime location are becoming increasingly harder to find. With its unparalled lifestyle, walkability, and proximity to some of the best beaches and amenities in the country, this property offers a coveted chance to experience the best of Naples living. With an average winter temperature in the low 70s, it’s the ideal destination for those seeking exclusivity and convenience in a beachfront setting. Experience the epitome of Naples living, where luxury knows no bounds and every day feels like a blissful getaway! This property offers endless potential and is an unparalleled investment opportunity! The 3 structures sustained about a foot of water damage and is being sold "as is" for lot value. Incredible location for an opportunity to re-build near the beach! Just a few short blocks to Naples Beach & the pier!

Last Agent to Sell the Property

Laura Bolagno

Premiere Plus Realty Company Listed on: 11/11/2024

Premiere Plus Realty Company

Co-Listed By

Martin Bolagno

Premiere Plus Realty Company

Last Buyer's Agent

Randy Porter

William Raveis Real Estate

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,391

Year Built

  • Built in 1938

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Property fronts an alley
  • North Facing Home
  • Fenced
  • Landscaped
  • Paved or Partially Paved Lot
  • Fruit Trees

Home Design

  • Entry on the 1st floor
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 736 Sq Ft Home
  • 1-Story Property
  • Shutters
  • Single Hung Windows
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Garage Spaces
  • Paved Parking

Outdoor Features

  • Room in yard for a pool
  • Courtyard

Additional Homes

  • 768 SF Accessory Dwelling Unit
  • 1 Bedroom Guest House
  • One Bathroom Guest House
  • Guest House Includes Kitchen

Schools

  • Lake Park Elementary School
  • Gulf View Middle School
  • Naples High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating
  • Cable TV Available

Community Details

  • Olde Naples Community

Listing and Financial Details

  • Assessor Parcel Number 14020240001
  • Tax Block 10

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,391

Year Built

Built in 1938

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Legal Description: NAPLES T 4 BLK 10 LOT 22, W1/2 OF LOT 23 OR 269 PG 459
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.134789$-81.801167$311.43$13.33$1.00$vXZFXs5DyMqygNxbYFW3pQ
  • Building Design: Single Family
  • Building Description: 1 Story/Ranch
  • Storm Protection: Shutters - Manual
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 3396.74
  • Total Floors: 1
  • Additional Rooms: Laundry in Residence
  • Estimated Living Area: 736
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 1 Bed
  • Total Bedrooms: 1
  • Dining Room: Living Dining
  • Equipment: Cooktop, Dishwasher, Dryer, Range, Refrigerator/Freezer, Washer
  • Flooring: Tile
  • Floor Plan: Other
  • Interior Amenities: Window Coverings
  • Primary Bathroom: Shower Only
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Wood Frame
  • Irrigation: Central
  • Road: Alley, City Maintained, Paved Road, Public Road
  • View: Landscaped Area
  • Exterior Features: Courtyard, Extra Building, Fence, Fruit Trees, Room for Pool
  • Exterior Finish: Wood Siding
  • Guest House: 1 Bath, 1 Bedroom, Kitchen, Living Room
  • Guest House Sq Ft: 768

Garage/Parking

  • Parking: 2+ Spaces, Paved Parking

Utilities

  • Cable Available: Yes
  • Cooling: Wall Unit
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Mandatory HOA: No
  • Sub Condo Name: OLDE NAPLES
  • Development Name: OLDE NAPLES

Association/Amenities

  • Pets: No Approval Needed
  • Development: Olde Naples
  • Units In Building: 1
  • Total Number of Units: 3

Schools

  • Elementary School: Lake Park Elementary
  • High School: Naples High School
  • Middle School: Gulf View Middle

Lot Info

  • Builder Product: No
  • Section: 9
  • Total Area: 1512
  • Waterfront: No
  • Acres: 0.1700
  • Rear Exposure: North
  • Lot Description: Regular
  • Lot Dimensions: 50 X 150
  • Parcel Number: 14020240001

Rental Info

  • Lease Limits: No

Tax Info

  • Tax Description: City And County
  • Taxes: 1391.09
  • 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 11, 2024
Closed on
Jan 9, 2025
Sold by
Bought by
Seller's Agent
Laura Bolagno
Premiere Plus Realty Company
Buyer's Agent
Randy Porter
William Raveis Real Estate
List Price
$3,500,000
Sold Price
$2,500,000
Premium/Discount to List
-$1,000,000
-28.57%
Views
14
Current Estimated Value
$2,555,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,746
Avg. Annual Appreciation
1.49%

Purchase Details

Closed on
Oct 12, 2020
Sold by
Bought by
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

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
$2,500,000 Florida Hometown Title & Escro
-- None Listed On Document
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $150,000
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
01/13/2025 01/13/25 Sold $2,500,000 -24.0% $3,397 / Sq Ft
12/23/2024 12/23/24 Pending -- -- --
12/05/2024 12/05/24 Price Changed $3,290,000 -6.0% $4,470 / Sq Ft
11/15/2024 11/15/24 For Sale $3,500,000 +40.0% $4,755 / Sq Ft
11/12/2024 11/12/24 Off Market $2,500,000 -- --
11/11/2024 11/11/24 For Sale $3,500,000 -- $4,755 / 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 $19,009 $1,966,088 $1,935,000 $31,088
2024 $1,391 $2,085,370 $2,025,000 $60,370
2023 $1,391 $193,732 $0 $0
2022 $1,461 $188,089 $0 $0
2021 $1,478 $182,611 $0 $0
2020 $1,441 $180,090 $0 $0
2019 $1,416 $176,041 $0 $0
2018 $1,379 $172,759 $0 $0
2017 $1,351 $169,206 $0 $0
2016 $1,323 $165,726 $0 $0
2015 $1,350 $164,574 $0 $0
2014 $1,353 $112,768 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 224088093

Naples Area Board of REALTORS®

APN: 14020240001

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