NOT LISTED FOR SALE

493 8th Ave S Naples, FL 34102

Old Naples Neighborhood

Estimated Value: $2,808,000 - $11,037,919

-- Bed
-- Bath
1,439 Sq Ft
$3,490/Sq Ft Est. Value

Last Sold November 14, 2022

Last sale price $2,750,000 $1,911 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $30,327/month

7 Days on Market

Highlights

  • Lake Front
  • In Ground Pool
  • North Facing Home
  • Lake Park Elementary School Rated A
  • Fruit Trees
  • 3-minute walk to Cambier Park

About This Home

As of November 2022

Incredible development opportunity in the heart of downtown Olde Naples. Oversized lot with lake access, just three and a half blocks to the beach, and even closer to all of the shops and restaurants on both 5th Ave South and 3rd Street. Cambier Park is down the street. Build up and you will have spectacular views of Spring Lake off the back of the home. This is a beautiful, ideally located piece of property to make your dream home a reality. Paradise is calling! Please note price is based on land and location. Existing house is not habitable.

Last Agent to Sell the Property

Joanne Slager

INACTIVE AGENT ACCT License #NAPLES-249511340 Listed on: 10/11/2022

INACTIVE AGENT ACCT

Last Buyer's Agent

Jessie Morris

Marzucco Real Estate License #NAPLES-249525215

Marzucco Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,852

Year Built

  • Built in 1964

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions: 75
  • Lake Front
  • North Facing Home
  • Fenced
  • Fruit Trees

Home Design

  • Tile

Interior Spaces

  • Split Bedroom Floorplan
  • 1,439 Sq Ft Home
  • 1-Story Property
  • Lake Views

Pool

  • In Ground Pool
  • Room in yard for a pool

Schools

  • Lake Park Elementary School
  • Gulfview Middle School
  • Naples High School

Utilities

  • Cable TV Available

Community Details

  • Olde Naples Community

Listing and Financial Details

  • Tax Block A

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,852

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Legal Description: LAKEVIEW TERRACE BLK A LOT 37 + E 5FT OF LOT 31
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.13826$-81.799965$70.08$13.33$1.00$dMDLEi4PC5OlreEbe7nznA
  • Building Design: Single Family
  • Building Description: 1 Story/Ranch
  • Year Built: 1964
  • Property Information: Incredible development opportunity in the heart of downtown Olde Naples. Oversized lot with lake access, just three and a half blocks to the beach, and even closer to all of the shops and restaurants on both 5th Ave South and 3rd Street. Cambier Park is down the street. Build up and you will have spectacular views of Spring Lake off the back of the home. This is a beautiful, ideally located piece of property to make your dream home a reality. Paradise is calling! Please note price is based on land and location. Existing house is not habitable.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Price Per Sq Ft: 1911.05
  • Total Floors: 1
  • Estimated Living Area: 1439
  • Bedrooms: 0 Bed
  • Floor Plan: Split Bedrooms

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: No
  • Roof: Tile
  • Construction: See Remarks
  • View: Lake
  • Exterior Features: Fence, Fruit Trees, Room for Pool
  • Private Pool Type: Below Ground
  • Waterfront Type: Lake

Utilities

  • Cable Available: Yes
  • Sewer: Central
  • Water: Central
  • Gas Description: Natural

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
  • Community Type: Non-Gated

Schools

  • Elementary School: LAKE PARK ELEMENTARY
  • Middle School: GULFVIEW MIDDLE SCHOOL
  • High School: NAPLES HIGH SCHOOL
  • Elementary School: Lake Park Elementary
  • High School: Naples High School
  • Middle School: Gulfview Middle School

Lot Info

  • Builder Product: No
  • Lot Back: 75
  • Lot Frontage: 75
  • Lot Left: 160
  • Lot Right: 187
  • Lot Unit: 37
  • Section: 4
  • Total Area: 1439
  • Waterfront: Yes
  • Acres: 0.2800
  • Rear Exposure: North
  • Lot Description: Oversize
  • Lot Dimensions: 75 X 160 X 75 X 187

Rental Info

  • Lease Limits: No

Tax Info

  • Tax Description: City And County
  • Taxes: 2851.86
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2022
Closed on
Nov 10, 2022
Sold by
Slager John T and Slager Joanne A
Bought by
Leonhardt Ronald J
Seller's Agent
Joanne Slager
INACTIVE AGENT ACCT
Buyer's Agent
Jessie Morris
Marzucco Real Estate
List Price
$4,300,000
Sold Price
$2,750,000
Premium/Discount to List
-$1,550,000
-36.05%
Views
10
Current Estimated Value
$5,021,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,271,980
Avg. Annual Appreciation
24.09%
Source: Public Records

Range of Values:

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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
Leonhardt Ronald J $2,750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Slager John $50,000
Previous Owner Slager John $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2022 11/14/22 Sold $2,750,000 0.0% $1,911 / Sq Ft
10/15/2022 10/15/22 Off Market $2,750,000 -- --
10/11/2022 10/11/22 For Sale $4,300,000 -- $2,988 / 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
2024 $38,105 $2,539,144 $2,539,144 --
2023 $38,105 $4,117,813 $4,062,630 $55,183
2022 $2,813 $325,492 $0 $0
2021 $2,852 $316,012 $0 $0
2020 $2,782 $311,649 $0 $0
2019 $2,741 $304,642 $0 $0
2018 $2,677 $298,962 $0 $0
2017 $2,630 $292,813 $0 $0
2016 $2,581 $286,790 $0 $0
2015 $2,634 $284,796 $0 $0
2014 $2,642 $232,536 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Joanne Slager

    INACTIVE AGENT ACCT

    Section Image
  • Jessie Morris

    Buyer's Agent in 2022

    Jessie Morris

    Marzucco Real Estate

    (239) 595-1305

    2 in this area

    199 Total Sales

    Jessie Morris
    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 222074500

Naples Area Board of REALTORS®

APN: 11431560001

Florida Collier County Naples 34102 Old Naples

493 8th Ave S, Naples, FL

This home is located at 493 8th Ave S, Naples, FL 34102 since 11 October 2022 and is currently estimated at $5,021,980, approximately $3,489 per square foot. This property was built in 1964. 493 8th Ave S is a home located in Collier County with nearby schools including Lake Park Elementary School, Naples High School, and Gulfview Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Naples Area Board of REALTORS® The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2025 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

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