NOT LISTED FOR SALE

Estimated Value: $632,000 - $1,094,000

0.15 Acre
$5,631,667 Price per Acre
6,534 Sq Ft Lot

Last Sold December 06, 2023

Last sale price $850,000 $552 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,451/month

3 Days on Market

About This Lot

As of December 2023

Imagine your dream home in paradise. This prime southern exposure Naples Park lot is your blank canvas, ready for you to build the perfect getaway or prime short-term rental property. On the coveted 500 block in the southwest corner of the neighborhood, this lot is a short stroll from Vanderbilt Beach's sugary sands, breathtaking sunsets and dining beachside at the Turtle Club, the Ritz-Carlton’s Gumbo Limbo or LaPlaya’s BALEEN. It’s also walking distance to the Pavilion shops, public tennis courts, future pickleball courts and Mercato’s Whole Foods and 12+ restaurants. Whether you crave a winter escape, rental income, or a permanent residence immersed in coastal beauty, this is your chance to own an exclusive slice of paradise. Adjacent property with a single-family home at 518 94th Ave N is also for sale providing an opportunity to own both parcels and have a place to stay while you build or design a larger home. Don't miss this rare opportunity to customize your ideal home in one of Naples' most sought-after neighborhoods.

Last Agent to Sell the Property

Matt Brown

William Raveis Real Estate License #NAPLES-085815647 Listed on: 11/13/2023

William Raveis Real Estate

Last Buyer's Agent

Joseph Caveney

William Raveis Real Estate License #NAPLES-249524686

William Raveis Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,293

Lot Details

  • 6,534 Sq Ft Lot
  • South Facing Home
  • Cleared Lot

Community Details

  • Naples Park Condos
  • Naples Park Community

Listing and Financial Details

  • Assessor Parcel Number 62837400002
  • Tax Block 44

Property Details

Property Type

Land

Est. Annual Taxes

$5,293

Lot Details

0

Listing Details

  • Legal Description: NAPLES PARK UNIT 6 BLK 44 LOT 28
  • Property Type: Lot & Land
  • Table: Lot & Land
  • Street View Param: 1$26.256801$-81.816543$166.12$13.33$1.00$cwKxamkzN1kJhgVKwlQb6A
  • Property Information: Imagine your dream home in paradise. This prime southern exposure Naples Park lot is your blank canvas, ready for you to build the perfect getaway or prime short-term rental property. On the coveted 500 block in the southwest corner of the neighborhood, this lot is a short stroll from Vanderbilt Beach's sugary sands, breathtaking sunsets and dining beachside at the Turtle Club, the Ritz-Carlton’s Gumbo Limbo or LaPlaya’s BALEEN. It’s also walking distance to the Pavilion shops, public tennis courts, future pickleball courts and Mercato’s Whole Foods and 12+ restaurants. Whether you crave a winter escape, rental income, or a permanent residence immersed in coastal beauty, this is your chance to own an exclusive slice of paradise. Adjacent property with a single-family home at 518 94th Ave N is also for sale providing an opportunity to own both parcels and have a place to stay while you build or design a larger home. Don't miss this rare opportunity to customize your ideal home in one of Naples' most sought-after neighborhoods.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Gulf Access Yn: No
  • Road: County Maintained

Utilities

  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Sub Condo Name: NAPLES PARK
  • Development Name: NAPLES PARK

Association/Amenities

  • Development: Naples Park
  • Community Type: Non-Gated

Lot Info

  • Lot Back: 50
  • Lot Frontage: 50
  • Lot Left: 135
  • Lot Right: 135
  • Lot Unit: 28
  • Price Per Acre: 5666666.67
  • Section: 28
  • Acres: 0.1500
  • Waterfront: No
  • Land Improvements: Build To Suit, Cleared
  • Land Use Code: 00-Vacant Residential
  • Lot Description: Regular
  • Lot Type: Residential Lot
  • Rear Exposure: S
  • Usage: Single Family
  • Parcel Number: 62837400002

Tax Info

  • Taxes: 5293.31
  • Tax Year: 2023
  • Tax Description: County Only

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2023
Closed on
Dec 6, 2023
Sold by
Possibillie Llc
Bought by
William V Powers Ii Trust and Suzanne M Powers Trust
Seller's Agent
Matt Brown
William Raveis Real Estate
Buyer's Agent
Joseph Caveney
William Raveis Real Estate
List Price
$925,000
Sold Price
$850,000
Premium/Discount to List
-$75,000
-8.11%
Views
10
Current Estimated Value
$919,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,488
Avg. Annual Appreciation
4.43%

Purchase Details

Closed on
May 3, 2023
Sold by
Hood Sharon L
Bought by
Possibillie Llc

Purchase Details

Closed on
Feb 25, 1994
Sold by
Smith Edwin L and Smith Pamela D
Bought by
Hood Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,622
Interest Rate
7.04%
Mortgage Type
FHA
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
William V Powers Ii Trust $850,000 None Listed On Document
Possibillie Llc -- None Listed On Document
Hood Sharon L $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hood Sharon L $75,763
Previous Owner Hood Sharon L $98,000
Previous Owner Hood Sharon L $98,622
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2023 12/06/23 Sold $850,000 -8.1% $552 / Sq Ft
11/16/2023 11/16/23 Pending -- -- --
11/13/2023 11/13/23 For Sale $925,000 -- $601 / 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
2023 $5,293 $361,661 $0 $0
2022 $5,404 $409,394 $0 $0
2021 $4,341 $372,176 $248,400 $123,776
2020 $1,580 $162,514 $0 $0
2019 $1,547 $158,860 $0 $0
2018 $1,508 $155,898 $0 $0
2017 $1,478 $152,691 $0 $0
2016 $1,430 $149,550 $0 $0
2015 $1,440 $148,510 $0 $0
2014 $1,010 $60,095 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 223081296

Naples Area Board of REALTORS®

APN: 62837400002