NOT LISTED FOR SALE

Estimated Value: $6,210,000 - $11,204,285

6 Beds
9 Baths
6,019 Sq Ft
$1,355/Sq Ft Est. Value

Last Sold March 27, 2024

Last sale price $13,500,000 $2,243 Per Sq Ft

Est. 40% decrease in value since last sale

Current estimated payment $48,917/month

137 Days on Market

Highlights

  • Boating
  • Home fronts navigable water
  • Bay View
  • Sea Gate Elementary School Rated A
  • Heated Infinity Pool
  • Outdoor Fireplace

About This Home

As of March 2024

This magnificent New Construction waterfront residence represents the best value in Park Shore! Stunning! It boasts 70 ft on the bay encompassing over 6,019 sq ft under air and 8,106 sq ft overall with the highest finishes and furnishings to appease the most discerning buyer. The home was penned by the highly acclaimed MHK Architectural Firm, meticulously built by T.B. Price, and thoughtfully designed and curated by Lisa Ficarra of Ficarra Design Associates, all renowned for their exceptional design and craftsmanship. The residence INCLUDES over a 1 million dollar furniture package as well as a Loxone home automation system! You have 6 en-suites including the primary suite overlooking the glistening bay, a gracious spa like primary bath, spectacular office with a wet bar, elevator, Gourmet kitchen, Sub Zero/ Wolf appliances, wine room, catering kitchen, outdoor kitchen, upstairs morning and evening bar, multiple gathering areas, 4-85 inch TV’s, indoor/outdoor surround sound, Legno Bastone flooring, automated shades throughout, 3 car garage that accommodate 3 lifts to hold 6 cars, pool w/sun shelf, spa, pool bath, full house generator. The water frontage can hold up to a 50ft boat as well!

Last Agent to Sell the Property

Jennifer Valenti

William Raveis Real Estate Listed on: 10/28/2023

William Raveis Real Estate

Co-Listed By

Timothy Savage

Gulf Coast International Prop

Last Buyer's Agent

Karl Faerber

William Raveis Real Estate

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,020

Year Built

  • Built in 2023

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions: 138
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Northwest Facing Home
  • Paved or Partially Paved Lot

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Entry on the 1st floor
  • Concrete Block With Brick
  • Poured Concrete
  • Metal Roof
  • Stucco

Interior Spaces

  • 6,019 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Furnished
  • Furnished or left unfurnished upon request
  • Bar
  • 6 Ceiling Fans
  • Ceiling Fan
  • Fireplace
  • Entrance Foyer
  • Family or Dining Combination
  • Den
  • Bay Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Bathtub With Separate Shower Stall
  • Multiple Shower Heads

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Alarm System
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • Heated Infinity Pool
  • Concrete Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Fixed Bridges
  • Outdoor Fireplace
  • Outdoor Kitchen
  • Lanai
  • Attached Grill

Schools

  • Sea Gate Elementary School
  • Gulfview Middle School
  • Naples High School

Utilities

  • Central Heating and Cooling System
  • Cooling System Powered By Gas
  • Propane
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 16002120008
  • Tax Block 18

Community Details

Overview

  • Park Shore Community

Recreation

  • Boating
  • Gulf Boat Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,020

Year Built

Built in 2023

Lot Details

0

Parking

3

Listing Details

  • Legal Description: PARK SHORE UNIT 3 BLK 18 LOT 53
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.202946$-81.809413$326.12$13.33$1.00$m_6-p3j0Yr-iSPLzX9lllg
  • Building Design: Single Family
  • Building Description: 2 Story
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 2023
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished Description: Furnished
  • Numberof Ceiling Fans: 6
  • Num Unit Floor: 1
  • Price Per Sq Ft: 2242.90
  • Total Floors: 2
  • Additional Rooms: Den/Study, Laundry in Residence, Open Porch/Lanai
  • Estimated Living Area: 6019
  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Total Bathrooms: 9.00
  • Bedroom Description: First Floor Bedroom, Master BR Ground
  • Bedrooms: 6 or More
  • Total Bedrooms: 6
  • Dining Room: Family Dining, Eat-in Kitchen
  • Elevator: Private
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Security System, Washer, Wine Cooler
  • Flooring: Tile, Wood
  • Floor Plan: Split Bedrooms, 2 Story
  • Interior Amenities: Bar, Built-In Cabinets, Cable Prewire, Fireplace, Foyer, Laundry Tub, Smoke Detectors, Walk-In Closet, Wet Bar
  • Kitchen: Island
  • Primary Bathroom: Dual Sinks, Multiple Shower Heads, Separate Tub And Shower
  • Windows: Impact Resistant

Exterior Features

  • Gulf Access: Yes
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Metal
  • Construction: Concrete Block, Poured Concrete
  • Gulf Access Type: Bridge(s)/Water Indirect
  • Irrigation: Central
  • Road: Paved Road, Public Road
  • View: Bay
  • Exterior Features: Built In Grill, Outdoor Fireplace, Outdoor Kitchen
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground, Concrete, Heated Electric, Negative Edge, Pool Bath
  • Private Spa Type: Below Ground, Concrete, Heated Electric
  • Waterfront Type: Bay, Navigable

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 3

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric, Gas - Propane
  • Heat: Central Electric
  • Security: Alarm
  • Sewer: Central
  • Water: Central
  • Gas Description: Propane

Condo/Co-op/Association

  • Mandatory HOA: No
  • Sub Condo Name: PARK SHORE
  • Development Name: PARK SHORE

Association/Amenities

  • Pets: No Approval Needed
  • Development: Park Shore
  • Community Type: Boating
  • Units In Building: 1
  • Total Number of Units: 1

Schools

  • Elementary School: Sea Gate Elementary
  • High School: Naples High School
  • Middle School: Gulfview Middle School

Lot Info

  • Builder Product: Yes
  • Section: 16
  • Total Area: 8106
  • Waterfront: Yes
  • Acres: 0.3500
  • Rear Exposure: Northwest
  • Lot Description: Irregular Shape
  • Lot Dimensions: 138 X 155 X 70 X 184
  • Parcel Number: 16002120008

Rental Info

  • Lease Limits: No

Tax Info

  • Tax Description: County Only, New Construction
  • Taxes: 29020.00
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2023
Closed on
Mar 27, 2024
Sold by
403 Neapolitan Way Llc
Bought by
403 Naples Llc
Seller's Agent
Jennifer Valenti
William Raveis Real Estate
Buyer's Agent
Karl Faerber
William Raveis Real Estate
List Price
$14,995,000
Sold Price
$13,500,000
Premium/Discount to List
-$1,495,000
-9.97%
Views
116
Current Estimated Value
$8,155,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,344,572
Avg. Annual Appreciation
-25.66%

Purchase Details

Closed on
Nov 2, 2020
Sold by
Buckheit Kimberly Barnett and Buckheit Joseph
Bought by
403 Neapolitan Way Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,081,250
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 12, 2017
Closed on
Mar 7, 2018
Sold by
Buckheit Joseph and Buckheit Kimberly Barnett
Bought by
Buckheit Kimberly Barnett and Buckheit Joseph
Seller's Agent
Michael Lawler
Douglas Elliman Florida,LLC
Buyer's Agent
Dave Renner
Premier Sotheby's Int'l Realty
List Price
$3,650,000
Sold Price
$3,437,500
Premium/Discount to List
-$212,500
-5.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.78%
Original Mortgage
$2,000,000
Interest Rate
4.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 2016
Bought by
Joy E Hulbert Rev Trust

Purchase Details

Closed on
Apr 21, 2015
Sold by
Hulbert Samuel F and Hulbert Joy E
Bought by
Joy E Hulbert Revocable Trust

Purchase Details

Closed on
May 5, 2004
Sold by
Zellers Robert T and Zellers Sheila
Bought by
Hulbert Samuel F and Hulbert Joy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,980,000
Interest Rate
3.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 1993
Sold by
Stewart Genevieve L
Bought by
Zellers Robert T and Zellers Sheila M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
403 Naples Llc $13,500,000 None Listed On Document
403 Neapolitan Way Llc $3,525,000 Attorney
Buckheit Kimberly Barnett -- Attorney
Buckheit Joseph $3,437,500 Attorney
Joy E Hulbert Rev Trust $100 --
Joy E Hulbert Revocable Trust -- Attorney
Hulbert Samuel F $2,200,000 Sunbelt Title
Zellers Robert T $430,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 403 Neapolitan Way Llc $2,081,250
Previous Owner Buckheit Joseph $2,000,000
Previous Owner Hulbert Samuel F $1,980,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/27/2024 03/27/24 Sold $13,500,000 -3.5% $2,243 / Sq Ft
03/13/2024 03/13/24 Pending -- -- --
01/15/2024 01/15/24 Price Changed $13,995,000 -6.7% $2,325 / Sq Ft
10/28/2023 10/28/23 For Sale $14,995,000 +336.2% $2,491 / Sq Ft
03/07/2018 03/07/18 Sold $3,437,500 -5.8% $686 / Sq Ft View Prior Sale
01/25/2018 01/25/18 Pending -- -- --
12/12/2017 12/12/17 For Sale $3,650,000 -- $728 / 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 $73,756 $9,669,611 $3,847,440 $5,822,171
2024 $40,775 $7,955,440 -- --
2023 $40,775 $3,527,967 $0 $0
2022 $33,718 $3,207,243 $0 $0
2021 $35,034 $3,409,953 $2,866,248 $543,705
2020 $29,020 $2,477,783 $0 $0
2019 $23,146 $2,252,530 $2,119,194 $133,336
2018 $28,452 $2,773,990 $2,396,949 $377,041
2017 $31,313 $3,035,413 $2,690,739 $344,674
2016 $33,114 $3,196,735 $0 $0
2015 $18,542 $1,776,264 $0 $0
2014 $18,612 $1,712,167 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 223079735

Naples Area Board of REALTORS®

APN: 16002120008