$7,250,000
SOLD DEC 19, 2024
4 Beds
5.5 Baths
4,334 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$1,673 Per Sq Ft

3% Below List Price

23 Days on Market

Highlights

  • Heated In Ground Pool
  • Two Primary Bedrooms
  • Marble Flooring
  • Lake Park Elementary School Rated A
  • Cathedral Ceiling
  • Main Floor Primary Bedroom

About This Home

As of December 2024

Welcome to your dream coastal retreat, built in 2023! This stunning home boasts four spacious bedrooms and five full baths along with a convenient half bath, ensuring ample space for family and guests. Just five blocks from the pristine beach and a mere three blocks from vibrant shopping, dining, galleries and theater of 5th Avenue, you’ll enjoy the ideal blend of relaxation and entertainment. Step outside to discover a serene water feature and a luxurious spa, complemented by a sparkling pool, ideal for soaking up the sun or hosting gatherings. The screened lanai, equipped with retractable screens, allows for year-round enjoyment of your outdoor space. Additional highlights include a whole-house generator and dual primary suites, ideal for comfort and privacy. The home is outfitted with a state-of-the-art Sonos sound system and a two-car garage with an EV charger, making it as functional as it is beautiful. Don’t miss your chance to own this remarkable property! The layout of this modern home is designed for luxury and functionality. Upon entering, you are welcomed into a spacious open-concept living area, seamlessly connecting the living room, dining space, gourmet kitchen and outdoor space, ideal for entertaining. The main floor features one of the primary suites, which boasts an en-suite bath and a generous walk-in closet and access to the pool. This home also features a dedicated office as well as a pool bath. The upper level is dedicated to privacy, featuring the second primary suite along with additional bedrooms and baths. Each bedroom offers ample natural light and space. The fourth bedroom can also be used as a flex room or media room, providing additional space for the family to gather. This oversized room also connects to the second story sun deck. The oversized elevator ensures easy access throughout the home, making it accessible for everyone.

Last Agent to Sell the Property

Daniel Bangs

Premier Sotheby's Int'l Realty License #NAPLES-278036488

Premier Sotheby's Int'l Realty

Co-Listed By

Gregory Morrow

Premier Sotheby's Int'l Realty License #NAPLES-278037106

Last Buyer's Agent

Vincent Bandelier

William Raveis Real Estate License #NAPLES-249500632

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,486

Year Built

  • Built in 2023

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions: 50
  • Property fronts an alley
  • North Facing Home

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Dirt Driveway
  • Guest Parking

Home Design

  • Concrete Block With Brick
  • Metal Roof
  • Stucco

Interior Spaces

  • 4,334 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Tray Ceiling
  • Cathedral Ceiling
  • Electric Shutters
  • Combination Dining and Living Room
  • Home Office
  • Screened Porch

Kitchen

  • Breakfast Bar
  • Double Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Upstairs
  • Double Master Bedroom
  • Built-In Bedroom Cabinets
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Saltwater Pool

Outdoor Features

  • Balcony
  • Water Fountains
  • Outdoor Kitchen
  • Lanai
  • Outdoor Gas Grill

Utilities

  • Central Heating and Cooling System
  • Smart Home Wiring
  • Power Generator
  • Propane
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • Olde Naples Community

Listing and Financial Details

  • Assessor Parcel Number 07780179021

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,486

Year Built

Built in 2023

Lot Details

0

Parking

2

Listing Details

  • Legal Description: 537 2ND AVE SOUTH DEVELOPMENT LOT 1
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.144865$-81.80036$354.99$13.33$1.00$niyPzM-pJmME_UMXO4uU4g
  • Building Design: Single Family
  • Building Description: 2 Story
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows, Shutters, Electric Shutters, Shutters - Screens/Fabric
  • Year Built: 2023
  • Property Information: Welcome to your dream coastal retreat, built in 2023! This stunning home boasts four spacious bedrooms and five full baths along with a convenient half bath, ensuring ample space for family and guests. Just five blocks from the pristine beach and a mere three blocks from vibrant shopping, dining, galleries and theater of 5th Avenue, you’ll enjoy the ideal blend of relaxation and entertainment. Step outside to discover a serene water feature and a luxurious spa, complemented by a sparkling pool, ideal for soaking up the sun or hosting gatherings. The screened lanai, equipped with retractable screens, allows for year-round enjoyment of your outdoor space. Additional highlights include a whole-house generator and dual primary suites, ideal for comfort and privacy. The home is outfitted with a state-of-the-art Sonos sound system and a two-car garage with an EV charger, making it as functional as it is beautiful. Don’t miss your chance to own this remarkable property! The layout of this modern home is designed for luxury and functionality. Upon entering, you are welcomed into a spacious open-concept living area, seamlessly connecting the living room, dining space, gourmet kitchen and outdoor space, ideal for entertaining. The main floor features one of the primary suites, which boasts an en-suite bath and a generous walk-in closet and access to the pool. This home also features a dedicated office as well as a pool bath. The upper level is dedicated to privacy, featuring the second primary suite along with additional bedrooms and baths. Each bedroom offers ample natural light and space. The fourth bedroom can also be used as a flex room or media room, providing additional space for the family to gather. This oversized room also connects to the second story sun deck. The oversized elevator ensures easy access throughout the home, making it accessible for everyone.
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 1672.82
  • Total Floors: 2
  • Additional Rooms: Balcony, Den/Study, Home Office, Laundry in Residence, Open Porch/Lanai, Screened Lanai/Porch
  • Estimated Living Area: 4334
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Bedroom Description: First Floor Bedroom, Master BR Ground, Master BR Upstairs, Two Master Suites
  • Bedrooms: 4+Den
  • Total Bedrooms: 4
  • Dining Room: Breakfast Bar, Living Dining
  • Elevator: Private
  • Equipment: Auto Garage Door, Cooktop - Gas, Dishwasher, Disposal, Double Oven, Dryer, Generator, Gas Grill, Home Automation, Microwave, Range, Refrigerator/Freezer, Refrigerator/Icemaker, Security System, Smoke Detector, Tankless Water Heater, Washer, Wine Cooler
  • Flooring: Marble, Wood
  • Floor Plan: 2 Story
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Cathedral Ceiling, Closet Cabinets, Coffered Ceiling, Foyer, Internet Available, Laundry Tub, Pantry, Smoke Detectors, Surround Sound Wired, Tray Ceiling, Volume Ceiling, Window Coverings
  • Kitchen: Island, Pantry
  • Primary Bathroom: 2 Masters, Dual Sinks, Separate Tub And Shower
  • Windows: Impact Resistant

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Metal
  • Construction: Concrete Block
  • Irrigation: Central
  • Road: Alley, City Maintained, Gravel
  • View: Landscaped Area
  • Exterior Features: Decorative Shutters, Outdoor Kitchen, Water Display
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground, Heated Gas, Salt Water System
  • Private Spa Type: Below Ground, Heated Gas

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: 2 Assigned, Driveway Unpaved, Guest

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central
  • Gas Description: Propane

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
  • Units In Building: 1
  • Total Number of Units: 1

Lot Info

  • Builder Product: No
  • Lot Back: 50
  • Lot Frontage: 50
  • Lot Left: 151
  • Lot Right: 151
  • Lot Unit: 1
  • Section: 4
  • Total Area: 5653
  • Waterfront: No
  • Acres: 0.1700
  • Rear Exposure: North
  • Lot Description: Regular
  • Lot Dimensions: 50 X 151
  • Parcel Number: 07780179021

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 12
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: City And County
  • Taxes: 43486.35
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2024
Closed on
Dec 18, 2024
Sold by
707 Associates Llc
Bought by
Daniel And Deborah Mcginn Family Revocable Tr and Mcginn
Seller's Agent
Daniel Bangs
Premier Sotheby's Int'l Realty
Buyer's Agent
Vincent Bandelier
William Raveis Real Estate
List Price
$7,495,000
Sold Price
$7,250,000
Premium/Discount to List
-$245,000
-3.27%
Total Days on Market
23
Views
12
Current Estimated Value
$7,208,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,479
Avg. Annual Appreciation
0.33%

Purchase Details

Listed on
Apr 3, 2023
Closed on
May 5, 2023
Sold by
Handsaeme William Albert and Handsaeme Carolyn Eliza
Bought by
707 Associates Llc
Seller's Agent
John Ehrlich
Premier Sotheby's Int'l Realty
Buyer's Agent
Daniel Bangs
Premier Sotheby's Int'l Realty
List Price
$8,495,000
Sold Price
$8,200,000
Premium/Discount to List
-$295,000
-3.47%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.28%
Original Mortgage
$6,740,000
Interest Rate
6.32%
Mortgage Type
Credit Line Revolving

Map

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $7,250,000 Ponte Vedra Title
Warranty Deed $8,200,000 Ponte Vedra Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $6,740,000 Credit Line Revolving
Previous Owner $4,550,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2024 12/19/24 Sold $7,250,000 -3.3% $1,673 / Sq Ft
12/05/2024 12/05/24 Pending -- -- --
11/12/2024 11/12/24 For Sale $7,495,000 -8.6% $1,729 / Sq Ft
05/05/2023 05/05/23 Sold $8,200,000 -3.5% $1,892 / Sq Ft
04/04/2023 04/04/23 Pending -- -- --
04/03/2023 04/03/23 For Sale $8,495,000 +30.7% $1,960 / Sq Ft
02/17/2023 02/17/23 Sold $6,500,000 0.0% $1,500 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
10/29/2021 10/29/21 Price Changed $6,500,000 +3.2% $1,500 / Sq Ft
09/27/2021 09/27/21 Price Changed $6,300,000 +5.9% $1,454 / Sq Ft
06/01/2021 06/01/21 Price Changed $5,950,000 +2.6% $1,373 / Sq Ft
04/01/2021 04/01/21 Price Changed $5,800,000 +1.8% $1,338 / Sq Ft
03/03/2021 03/03/21 For Sale $5,700,000 -- $1,315 / Sq Ft
Source: Naples Area Board of REALTORS®

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 $17,917 $1,470,150 $0 $0
2022 $15,173 $1,336,500 $0 $0
2021 $12,468 $1,215,000 $1,215,000 $0
2020 $13,452 $1,325,156 $1,215,000 $110,156
2019 $10,612 $1,033,980 $956,250 $77,730
Source: Public Records

Source: Naples Area Board of REALTORS®

MLS Number: 224087996

Naples Area Board of REALTORS®

APN: 07780179021