$6,500,000
SOLD FEB 17, 2023
4 Beds
5.5 Baths
4,334 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$1,500 Per Sq Ft

14% Above List Price

371 Days on Market

Highlights

  • Water Views
  • Heated Pool and Spa
  • Marble Flooring
  • Lake Park Elementary School Rated A
  • Two Primary Bedrooms
  • Main Floor Primary Bedroom

About This Home

As of December 2024

New Construction- Single Family Home in the heart of Old Naples with this expression of "coastal chic" designed by Kukk Architecture in collaboration w/ T.Jerulle Construction and Freestyle Design. Spanning over 5300 total square feet, this 4+ bdrm, 5+ bath home features 2 VIP bedrooms (en suite) & a dedicated office/den. With an open floor plan prioritizing natural light, the great room, dining room and kitchen spaces on the ground floor flow as one. Sliding glass doors pocket to create a vast indoor-outdoor space featuring a heated pool + spa, outdoor kitchen, travertine lanai, & lounge areas which are surrounded by a myriad of plantings. Chefs will adore the state-of-the-art kitchen filled with custom cabinetry and a fleet of upscale appliances including a Wolf range and Sub-Zero refrigerator/freezer. Featuring wide plank oak flooring & box-beamed ceiling detail in a mix of organic tones  which produce casual yet sophisticated atmosphere. The 2nd floor (elevator) features a VIP suite, two guest bedrooms with a large adjoining balcony, 2nd floor laundry + flex space. In this idyllic location, you're just 4 blocks to the beach and 3 blocks to 5th Ave. Estimated delivery fall 2022.

Last Agent to Sell the Property

Amanda Van Slyke

Compass Florida LLC License #NAPLES-249520894 Listed on: 03/03/2021

Compass Florida LLC

Co-Listed By

Mark Mellman

Compass Florida LLC License #NAPLES-249520918

Last Buyer's Agent

Janet Santiago

Premiere Plus Realty Company License #NAPLES-249522271

Premiere Plus Realty Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,452

Year Built

  • Built in 2022

Lot Details

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

Parking

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

Home Design

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

Interior Spaces

  • 4,334 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Great Room
  • Combination Dining and Living Room
  • Home Office
  • Water Views
  • Laundry Room

Kitchen

  • Dishwasher
  • Wine Cooler
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Home Security

  • High Impact Windows
  • High Impact Door

Pool

  • Heated Pool and Spa
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

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

Utilities

  • Zoned Heating and Cooling
  • Humidstat
  • Underground Utilities
  • 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

$13,452

Year Built

Built in 2022

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$0.00$13.33$1.00$1_NSCi2qPWsOBO3CS3i12Q
  • Building Design: Single Family
  • Building Description: 2 Story
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 2022
  • Property Information: New Construction- Single Family Home in the heart of Old Naples with this expression of "coastal chic" designed by Kukk Architecture in collaboration w/ T.Jerulle Construction and Freestyle Design. Spanning over 5300 total square feet, this 4+ bdrm, 5+ bath home features 2 VIP bedrooms (en suite) & a dedicated office/den. With an open floor plan prioritizing natural light, the great room, dining room and kitchen spaces on the ground floor flow as one. Sliding glass doors pocket to create a vast indoor-outdoor space featuring a heated pool + spa, outdoor kitchen, travertine lanai, & lounge areas which are surrounded by a myriad of plantings. Chefs will adore the state-of-the-art kitchen filled with custom cabinetry and a fleet of upscale appliances including a Wolf range and Sub-Zero refrigerator/freezer. Featuring wide plank oak flooring & box-beamed ceiling detail in a mix of organic tones  which produce casual yet sophisticated atmosphere. The 2nd floor (elevator) features a VIP suite, two guest bedrooms with a large adjoining balcony, 2nd floor laundry + flex space. In this idyllic location, you're just 4 blocks to the beach and 3 blocks to 5th Ave. Estimated delivery fall 2022.
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 1499.77
  • Total Floors: 2
  • Additional Rooms: Great Room, Guest Bath, Guest Room, Home Office, Laundry in Residence, Open Porch/Lanai, Den/Study
  • Estimated Living Area: 4334
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Bedroom Description: First Floor Bedroom, Two Master Suites
  • Bedrooms: 4+Den
  • Total Bedrooms: 4
  • Dining Room: Living Dining
  • Elevator: Private
  • Equipment: Auto Garage Door, Dishwasher, Gas Grill, Refrigerator/Freezer, Tankless Water Heater, Wine Cooler
  • Flooring: Marble, Tile, Wood
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Built-In Cabinets, Internet Available, Walk-In Closet, Zero/Corner Door Sliders
  • Kitchen: Gas Available
  • 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
  • View: Landscaped Area, Water Feature
  • Exterior Features: Built In Grill, Outdoor Kitchen, Patio, Privacy Wall, Water Display
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground, Custom Upgrades, Heated Gas, Pool Bath
  • Private Spa Type: Below Ground, Heated Gas, Pool Integrated

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: Driveway Paved, Guest

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric, Humidistat, Zoned
  • Heat: Central Electric, Zoned
  • 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: Streetlight, Underground Utility

Lot Info

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

Tax Info

  • Tax Description: City And County, New Construction
  • Taxes: 13452.00
  • Tax Year: 2020

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
-2.73%

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

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 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 $45,298 $6,571,732 $2,587,500 $3,984,232
2024 $17,917 $4,969,314 $2,250,000 $2,719,314
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: 221016596

Naples Area Board of REALTORS®

APN: 07780179021