NOT LISTED FOR SALE

Estimated Value: $720,000 - $917,000

2.78 Acres
$289,981 Price per Acre
121,097 Sq Ft Lot

Last Sold April 15, 2024

Last sale price $950,000 $742 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $4,676/month

103 Days on Market

About This Lot

As of April 2024

Property zoned for 17 units(!)...attached villas, condos, even single family (although you may not fit 17 single family units). 2.78 acres, just about six miles from 5th Ave South's fabulous dining and shopping and Naples world- re-known white sand beaches. This is the ONLY property currently available in the MLS in ALL OF NAPLES that is currently zoned for small (or large) development, never mind in this incredible location!!! And amazingly, there is a county sewer line already in place along the entire length of the east property line. Please do not walk the property without an appointment as home on property is currently occupied. Truly an amazing opportunity!

Last Agent to Sell the Property

Mary Willkomm

Perfect Properties of Naples, Inc. License #249501759 Listed on: 01/02/2024

Last Buyer's Agent

Eileen Graham

Anchor Real Estate License #267511302

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,156

Lot Details

  • 2.78 Acre Lot
  • Lot Dimensions are 240 x 900 x 0 x 0
  • South Facing Home

Utilities

  • Well
  • Septic Tank

Community Details

  • Myrtle Cove Acres Subdivision

Listing and Financial Details

  • Legal Lot and Block 22 / B

Property Details

Property Type

Land

Est. Annual Taxes

$5,156

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 2.78
  • Lot Size: 240 x 900 x 0 x 0
  • Road Surface Type: Paved
  • Subdivision Name: MYRTLE COVE ACRES
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: See Remarks
  • View: Landscaped
  • Waterfront Features: None
  • Waterfront: No
  • Direction Faces: South

Utilities

  • Cooling: See Remarks
  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Multi-Family, Other, Single Family, See Remarks
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5156.36
  • Tax Block: B
  • Tax Lot: 22
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2024
Sold by
Kenealy James Bradford and Rebhan John
Bought by
Banyan Cove Llc
Current Estimated Value
$806,146

Purchase Details

Closed on
Sep 20, 2024
Sold by
Amity Commons Llc
Bought by
Kenealy James Bradford and Rebhan John

Purchase Details

Listed on
Jan 2, 2024
Closed on
Apr 15, 2024
Sold by
Harmon Forrest Lawrence and Harmon Beth A
Bought by
Amity Commons Llc
Seller's Agent
Mary Willkomm
Perfect Properties of Naples, Inc.
Buyer's Agent
Eileen Graham
Anchor Real Estate
List Price
$1,100,000
Sold Price
$950,000
Premium/Discount to List
-$150,000
-13.64%
Views
66

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.81%

Purchase Details

Closed on
May 29, 2014
Sold by
Liberty Bank Fsb
Bought by
Harmon Forrest Lawrence and Harmon Beth A

Purchase Details

Closed on
Dec 20, 2013
Sold by
South Florida Developers Llc
Bought by
Liberty Bank Fsb

Purchase Details

Closed on
Jun 30, 2005
Sold by
Capri Waterside Partners Llc
Bought by
South Florida Developers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Interest Rate
5.46%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 26, 2005
Sold by
Joshlin James David
Bought by
Capri Waterside Partners Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Banyan Cove Llc -- None Listed On Document
Kenealy James Bradford -- None Listed On Document
Amity Commons Llc $950,000 None Listed On Document
Harmon Forrest Lawrence $175,000 None Available
Liberty Bank Fsb $713,297 Attorney
South Florida Developers Llc $740,000 Hulce Title Insurance
Capri Waterside Partners Llc $625,000 Hulce Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner South Florida Developers Llc $592,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2024 04/15/24 Sold $950,000 -13.6% $742 / Sq Ft
04/15/2024 04/15/24 Pending -- -- --
01/02/2024 01/02/24 For Sale $1,100,000 -- $859 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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 $5,883 $867,743 $772,232 $95,511
2024 $5,951 $497,792 -- --
2023 $5,951 $452,538 $0 $0
2022 $5,156 $411,398 $0 $0
2021 $4,497 $373,998 $314,700 $59,298
2020 $4,284 $359,193 $302,600 $56,593
2019 $4,076 $338,727 $286,870 $51,857
2018 $4,052 $324,988 $0 $0
2017 $4,081 $295,444 $0 $0
2016 $3,358 $268,585 $0 $0
2015 $3,038 $244,168 $0 $0
2014 -- $113,811 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223094434

Florida Gulf Coast Multiple Listing Service

APN: 60782080003