NOT LISTED FOR SALE

Estimated Value: $6,303,263 - $6,588,000

4 Beds
5 Baths
4,334 Sq Ft
$1,484/Sq Ft Est. Value

Last Sold December 30, 2022

Last sale price $5,875,000 $1,356 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $39,347/month

180 Days on Market

Highlights

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

About This Home

As of December 2022

New construction in the heart of Old Naples with this expression of coastal elegance designed by Kukk architecture in collaboration with T. Jerulle Construction and Freestyle Design. Spanning over 5300 total square feet, this 4 bdrm, 5 bath home features 2 master 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, crushed shell stone lanai, many 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, black doors and windows, mixed metal hardware, floating vanities-all producing a coastal atmosphere. The second 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 Summer 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

Beth McNichols

John R Wood Properties License #NAPLES-249501586

John R Wood Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,443

Year Built

  • Built in 2022

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions: 50
  • North Facing Home
  • Privacy Fence

Parking

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

Home Design

  • Concrete Block With Brick
  • Metal Roof
  • Stucco

Interior Spaces

  • 4,334 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Great Room
  • Family Room
  • Home Office
  • Water Views
  • Laundry Room

Kitchen

  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Split Bedroom Floorplan
  • Built-In Bedroom Cabinets
  • 5 Full Bathrooms
  • 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
  • Pool Bathroom

Outdoor Features

  • Balcony
  • Patio
  • Water Fountains
  • Outdoor Gas Grill

Utilities

  • Zoned Heating and Cooling
  • Propane
  • Cable TV Available

Community Details

  • Olde Naples Community

Listing and Financial Details

  • Assessor Parcel Number 07780179047

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,443

Year Built

Built in 2022

Lot Details

0

Parking

2

Listing Details

  • Legal Description: 537 2ND AVE SOUTH DEVELOPMENT LOT 2
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.144679$-81.800242$255.20$13.33$1.00$0Z92S55ZXjzLNvSlK2tLhw
  • Building Design: Single Family
  • Building Description: 2 Story
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 2022
  • Property Information: New construction in the heart of Old Naples with this expression of coastal elegance designed by Kukk architecture in collaboration with T. Jerulle Construction and Freestyle Design. Spanning over 5300 total square feet, this 4 bdrm, 5 bath home features 2 master 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, crushed shell stone lanai, many 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, black doors and windows, mixed metal hardware, floating vanities-all producing a coastal atmosphere. The second 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 Summer 2022
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished Description: Unfurnished
  • Price Per Sq Ft: 1355.56
  • Total Floors: 2
  • Additional Rooms: Balcony, Family Room, Great Room, Guest Bath, Guest Room, Home Office, Laundry in Residence
  • Estimated Living Area: 4334
  • Full Bathrooms: 5
  • Total Bathrooms: 5.00
  • Bedroom Description: Master BR Ground, Two Master Suites
  • Bedrooms: 4+Den
  • Total Bedrooms: 4
  • Elevator: Private
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Gas Grill
  • Flooring: Tile, Wood
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Closet Cabinets, Internet Available, Pantry
  • Kitchen: Gas Available
  • Primary Bathroom: 2 Masters, 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: City Maintained
  • View: Landscaped Area, Water Feature
  • Exterior Features: 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 Bath, Pool Integrated

Garage/Parking

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

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric, 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
  • Community Type: Non-Gated

Lot Info

  • Builder Product: Yes
  • Lot Back: 50
  • Lot Frontage: 50
  • Lot Left: 150
  • Lot Right: 150
  • Lot Unit: 2
  • 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: 07780179047

Rental Info

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

Tax Info

  • Tax Description: City And County, New Construction
  • Taxes: 13443.00
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2021
Closed on
Feb 17, 2023
Sold by
537 2Nd Ave Nominee Trust
Bought by
Handsaeme William Albert and Walsh Carolyn Elizabeth
Seller's Agent
Amanda Van Slyke
Compass Florida LLC
Buyer's Agent
Beth McNichols
John R Wood Properties
List Price
$5,500,000
Sold Price
$5,875,000
Premium/Discount to List
$375,000
6.82%
Views
3
Current Estimated Value
$6,432,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$557,316
Avg. Annual Appreciation
9.60%
Original Mortgage
$2,000,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 3, 2021
Closed on
Dec 30, 2022
Sold by
537 2Nd Ave Nominee Trust
Bought by
Mary K Zenczak Trust
Seller's Agent
Amanda Van Slyke
Compass Florida LLC
Buyer's Agent
Beth McNichols
John R Wood Properties
List Price
$5,500,000
Sold Price
$5,875,000
Premium/Discount to List
$375,000
6.82%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Handsaeme William Albert $6,500,000 --
Mary K Zenczak Trust $5,875,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mary K Zenczak Trust $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $5,875,000 0.0% $1,356 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
08/30/2021 08/30/21 Price Changed $5,875,000 +1.3% $1,356 / Sq Ft
06/01/2021 06/01/21 Price Changed $5,800,000 +3.6% $1,338 / Sq Ft
04/01/2021 04/01/21 Price Changed $5,600,000 +1.8% $1,292 / Sq Ft
03/03/2021 03/03/21 For Sale $5,500,000 -- $1,269 / 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 $49,562 $5,355,905 $2,475,000 $2,880,905
2022 $15,173 $1,336,500 $0 $0
2021 $12,468 $1,215,000 $1,215,000 $0
2020 $13,443 $1,324,204 $1,215,000 $109,204
2019 $10,605 $1,033,309 $956,250 $77,059
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 221016595

Naples Area Board of REALTORS®

APN: 07780179047