$8,200,000
SOLD MAY 5, 2023
4 Beds
5.5 Baths
4,334 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$1,892 Per Sq Ft

3% Below List Price

1 Day on Market

Highlights

  • Community Beach Access
  • Water Views
  • Concrete Pool
  • Lake Park Elementary School Rated A
  • Fishing Pier
  • Two Primary Bedrooms

About This Home

As of December 2024

New construction. Open living area incorporating living, dining and kitchen spaces. Volume ceilings with 18' cupola. All main living spaces access spectacular outdoor area. Heated pool/spa. Fountain. Fire chandelier. Travertine pool deck and lanai flooring. Custom modern Shaker kitchen cabinetry. Wolf 48" 6-burner/griddle gas range. Custom exhaust hood. Wolf microwave. Sub-Zero refrigerator. Sub-Zero wine cooler. Miele dishwasher. Quartz countertop with waterfall edge. Center island and bar area with 6 bar stools. Marble mosaic backsplash. Wide-plank oak and Thassos-honed marble flooring throughout. Two individual laundry rooms. Two primary suites. Lanai with motorized screens and hurricane-rated shutters. Propane grill and Uline refrigerator. Impact-resistant doors and windows. Mold-resistant drywall. Generac 24 kW whole-house generator. Two tankless water heaters. Premium security and sound system, including home theater with surround sound, house-wide audio system, full interior and exterior lighting controls. Large elevator. Two-car garage with electric-car charging station, mini-split AC. Prepared for 2-car lift system. Guest parking.

Last Agent to Sell the Property

John Ehrlich

Premier Sotheby's Int'l Realty License #NAPLES-249528290 Listed on: 04/03/2023

Premier Sotheby's Int'l Realty

Last Buyer's Agent

Daniel Bangs

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

Premier Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,173

Year Built

  • Built in 2023

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions: 50
  • Property fronts an alley
  • North Facing Home
  • Privacy Fence
  • Fenced
  • Paved or Partially Paved Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Electric Vehicle Home Charger
  • Automatic Garage Door Opener
  • Guest Parking
  • Deeded Parking

Home Design

  • Turnkey
  • Concrete Block With Brick
  • Metal Roof
  • Stucco

Interior Spaces

  • 4,334 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Custom Mirrors
  • Tray Ceiling
  • Cathedral Ceiling
  • 7 Ceiling Fans
  • Ceiling Fan
  • Electric Shutters
  • Transom Windows
  • Picture Window
  • Sliding Windows
  • Casement Windows
  • French Doors
  • Great Room
  • Family or Dining Combination
  • Home Office
  • Screened Porch
  • Storage
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Range
  • Microwave
  • Freezer
  • 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
  • Split Bedroom Floorplan
  • Built-In Bedroom Cabinets
  • Walk-In Closet
  • Dual Sinks
  • Bathtub With Separate Shower Stall
  • Multiple Shower Heads

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Monitored
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Pool Bathroom
  • Pool Equipment Stays

Outdoor Features

  • Balcony
  • Courtyard
  • Deck
  • Patio
  • Water Fountains
  • Outdoor Kitchen
  • Lanai
  • Loading Dock or Area
  • Outdoor Gas Grill

Utilities

  • Zoned Heating and Cooling
  • Humidstat
  • Vented Exhaust Fan
  • Underground Utilities
  • Smart Home Wiring
  • Power Generator
  • Propane
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 07780179021

Community Details

Amenities

  • Restaurant
  • Community Library

Recreation

  • Fishing Pier
  • Community Beach Access
  • Park

Additional Features

  • Olde Naples Community
  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,173

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$324.44$13.33$1.00$1IVL0RkL0zCkjS0woqf6Zw
  • Building Design: Single Family
  • Building Description: 2 Story
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows, Electric Shutters, Shutters - Screens/Fabric
  • Year Built: 2023
  • Directions: Located in middle of 2nd Ave South block on north side of the avenue between 5th and 6th Streets. Off-street parking at front door. Plenty of overflow parking space in adjacent church parking lots.
  • Property Information: New construction. Open living area incorporating living, dining and kitchen spaces. Volume ceilings with 18' cupola. All main living spaces access spectacular outdoor area. Heated pool/spa. Fountain. Fire chandelier. Travertine pool deck and lanai flooring. Custom modern Shaker kitchen cabinetry. Wolf 48" 6-burner/griddle gas range. Custom exhaust hood. Wolf microwave. Sub-Zero refrigerator. Sub-Zero wine cooler. Miele dishwasher. Quartz countertop with waterfall edge. Center island and bar area with 6 bar stools. Marble mosaic backsplash. Wide-plank oak and Thassos-honed marble flooring throughout. Two individual laundry rooms. Two primary suites. Lanai with motorized screens and hurricane-rated shutters. Propane grill and Uline refrigerator. Impact-resistant doors and windows. Mold-resistant drywall. Generac 24 kW whole-house generator. Two tankless water heaters. Premium security and sound system, including home theater with surround sound, house-wide audio system, full interior and exterior lighting controls. Large elevator. Two-car garage with electric-car charging station, mini-split AC. Prepared for 2-car lift system. Guest parking.
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished Description: Turnkey
  • Numberof Ceiling Fans: 7
  • Price Per Sq Ft: 1892.02
  • Total Floors: 2
  • Room Count: 11
  • Additional Rooms: Balcony, Den/Study, Great Room, Guest Bath, Guest Room, 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, Split Bedrooms, Two Master Suites
  • Bedrooms: 4+Den
  • Total Bedrooms: 4
  • Dining Room: Breakfast Bar, Family Dining, Eat-in Kitchen
  • Elevator: Private
  • Equipment: Auto Garage Door, Cooktop - Gas, Dishwasher, Disposal, Double Oven, Dryer, Freezer, Generator, Gas Grill, Home Automation, Microwave, Range, Refrigerator, Refrigerator/Freezer, Refrigerator/Icemaker, Security System, Smoke Detector, Tankless Water Heater, Washer, Wine Cooler
  • Flooring: Marble, Wood
  • Floor Plan: Courtyard, Great Room, Split Bedrooms, 2 Story
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Cathedral Ceiling, Closet Cabinets, Coffered Ceiling, Custom Mirrors, Foyer, French Doors, Internet Available, Laundry Tub, Pantry, Smoke Detectors, Surround Sound Wired, Tray Ceiling, Vaulted Ceiling, Volume Ceiling, Walk-In Closet, Window Coverings
  • Kitchen: Island, Pantry
  • Primary Bathroom: 2 Masters, Dual Sinks, Multiple Shower Heads, Separate Tub And Shower
  • Windows: Casement, Impact Resistant, Picture, Sliding, Transom

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Metal
  • Construction: Concrete Block
  • Irrigation: Central
  • Road: Alley, City Maintained, Paved Road, Public Road
  • View: City, Landscaped Area, Partial Buildings, Privacy Wall, Water Feature
  • Exterior Features: Built In Grill, Courtyard, Deck, Decorative Shutters, Fence, Outdoor Kitchen, Patio, Privacy Wall, Sprinkler Auto, Storage, Water Display
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground, Concrete, Custom Upgrades, Equipment Stays, Heated Gas, Pool Bath
  • Private Spa Type: Below Ground, Concrete, Equipment Stays, Heated Gas, Pool Bath

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: 2+ Spaces, Deeded, Driveway Paved, Electric Vehicle Charging, Guest, Load Space, Paved Parking

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric, Exhaust Fan, Humidistat, Zoned
  • Heat: Central Electric, Zoned
  • Security: Monitored Alarm, Entry Keypad, Private Security System
  • 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
  • Amenities: Beach Access, Community Park, Electric Vehicle Charging, Fishing Pier, Library, Restaurant, Shopping, Sidewalk, Streetlight, Underground Utility
  • Units In Building: 1

Lot Info

  • Builder Product: No
  • Lot Back: 50
  • Lot Frontage: 50
  • Lot Left: 150
  • Lot Right: 150
  • Lot Unit: 1
  • Section: 4
  • Total Area: 5653
  • Waterfront: No
  • Acres: 0.1700
  • Rear Exposure: North
  • Lot Description: Zero Lot Line
  • Lot Dimensions: 50 X 150
  • Parcel Number: 07780179021

Rental Info

  • Lease Limits: No

Tax Info

  • Tax Description: City And County, No Homestead
  • Taxes: 15172.87
  • Tax Year: 2022

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%
Views
12
Current Estimated Value
$7,105,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$144,828
Avg. Annual Appreciation
0.02%

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
Source: Public Records

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Range of Values:

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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 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 $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

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 223025634

Naples Area Board of REALTORS®

APN: 07780179021