NOT LISTED FOR SALE

5650 Melrose Ln Naples, FL 34114

Hacienda Lakes Neighborhood

Estimated Value: $573,000 - $1,208,000

3 Beds
2 Baths
1,050 Sq Ft
$793/Sq Ft Est. Value

Last Sold October 28, 2021

Last sale price $690,000 $657 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,765/month

14 Days on Market

Highlights

  • Horses Allowed in Community
  • 8.63 Acre Lot
  • Lanai
  • View of Trees or Woods
  • Room in yard for a pool
  • Eat-In Kitchen

About This Home

As of October 2021

Hard to find income producing 8.62 acres in town! Property currently has a cell tower lease that produces $1092.00 a month and escalates at 3% annually (over $300,000 throughout term of the lease). Situated in the ever expanding area off of Sabal Palm and Collier Blvd, this property has its own private road and endless possibilities for the right person looking to build a home or company looking to build a small community. Current structures include a home and out building in need of some TLC. With plenty of space for a home and guest home, this is the perfect opportunity to build your family's new estate with easy access to Naples and Marco Island!

Last Agent to Sell the Property

Shelly Cole

Paradise Coast Property Team Listed on: 08/27/2021

Co-Listed By

Jason Bayle

Paradise Coast Property Team License #NAPLES-249527780

Last Buyer's Agent

Michael Soulard

John R Wood Properties License #NAPLES-249513581

John R Wood Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,321

Year Built

  • Built in 1967

Lot Details

  • 8.63 Acre Lot
  • Lot Dimensions: 765
  • Property fronts a private road
  • East Facing Home
  • Paved or Partially Paved Lot

Home Design

  • Entry on the 1st floor
  • Flat Roof Shape
  • Brick Exterior Construction
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,050 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Views of Woods
  • Washer Hookup

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Shower Only

Parking

  • 2 Parking Garage Spaces
  • Paved Parking

Outdoor Features

  • Room in yard for a pool
  • Lanai

Schools

  • Lely Elementary School
  • Manatee Middle School
  • Lely High School

Utilities

  • Central Heating and Cooling System
  • Water Treatment System
  • Well
  • High Speed Internet
  • Cable TV Available

Community Details

  • Horses Allowed in Community

Listing and Financial Details

  • Assessor Parcel Number 00433520005

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,321

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Legal Description: 23 50 26 THAT PORTION OF SEC 23 AS DESC IN OR 5765 PG 414 (7.81AC+/-)
  • Property Type: Residential
  • Table: Residential
  • Building Design: Single Family
  • Building Description: 1 Story/Ranch
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 657.14
  • Total Floors: 1
  • Additional Rooms: Open Porch/Lanai
  • Estimated Living Area: 1050
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: Master BR Ground, Split Bedrooms
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Eat-in Kitchen
  • Equipment: Range, Refrigerator, Washer/Dryer Hookup, Water Treatment Owned
  • Flooring: Laminate
  • Floor Plan: Split Bedrooms
  • Interior Amenities: High Speed Available
  • Primary Bathroom: Shower Only

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Built-Up Or Flat, Shingle
  • Construction: Concrete Block, Wood Frame
  • Irrigation: Well
  • Road: Paved Road, Private Road
  • View: Wooded Area
  • Exterior Features: Extra Building, Private Road, Room for Pool
  • Exterior Finish: Brick

Garage/Parking

  • Parking: 2+ Spaces, Driveway Paved

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric, Window Unit
  • Heat: Central Electric
  • Sewer: Septic
  • Water: Well

Condo/Co-op/Association

  • Mandatory HOA: No
  • Sub Condo Name: ACREAGE HEADER

Association/Amenities

  • Pets: No Approval Needed
  • Development: Acreage Header
  • Amenities: Horses OK, Internet Access
  • Community Type: Non-Gated
  • Units In Building: 1
  • Total Number of Units: 1

Schools

  • Elementary School: LELY ELEMENTARY SCHOOL
  • Middle School: MANATEE MIDDLE SCHOOL
  • High School: LELY HIGH SCHOOL
  • Elementary School: Lely Elementary School
  • High School: Lely High School
  • Middle School: Manatee Middle School

Lot Info

  • Builder Product: No
  • Lot Back: 676
  • Lot Frontage: 765
  • Lot Left: 783
  • Lot Right: 438
  • Section: 23
  • Total Area: 1050
  • Waterfront: No
  • Acres: 8.6300
  • Rear Exposure: East
  • Lot Description: Horses Ok, Irregular Shape, Oversize
  • Lot Dimensions: 765 X 783 X 676 X 438
  • Parcel Number: 00433520005

Rental Info

  • Lease Limits: No

Tax Info

  • Tax Description: County Only, Homestead
  • Taxes: 2321.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Oct 28, 2021
Sold by
Thompson Carolyn A and Thompson Carolyn A
Bought by
Daley Lawn Care Inc
Seller's Agent
Shelly Cole
Paradise Coast Property Team
Buyer's Agent
Michael Soulard
John R Wood Properties
List Price
$829,900
Sold Price
$690,000
Premium/Discount to List
-$139,900
-16.86%
Current Estimated Value
$832,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,167
Avg. Annual Appreciation
4.93%
Original Mortgage
$552,000
Outstanding Balance
$505,035
Interest Rate
2.88%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$327,132

Purchase Details

Closed on
May 6, 2020
Sold by
Thompson Carolyn A
Bought by
Thompson Carolyn A

Purchase Details

Closed on
Jan 6, 2011
Sold by
Thompson Carolyn A
Bought by
Thompson Carolyn A
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
Daley Lawn Care Inc $690,000 Attorney
Thompson Carolyn A -- Attorney
Thompson Carolyn A -- Attorney
Thompson Carolyn A -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daley Lawn Care Inc $552,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2021 10/28/21 Sold $690,000 -16.9% $657 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $829,900 -- $790 / 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 $3,982 $373,237 -- --
2024 $7,507 $370,053 -- --
2023 $7,507 $703,867 $585,750 $118,117
2022 $8,292 $735,254 $615,038 $120,216
2021 $9,672 $827,228 $741,950 $85,278
2020 $2,321 $224,573 $0 $0
2019 $2,435 $233,536 $0 $0
2018 $2,377 $229,182 $0 $0
2017 $2,335 $224,468 $0 $0
2016 $2,275 $219,851 $0 $0
2015 $2,102 $218,323 $0 $0
2014 $2,288 $166,590 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shelly Cole

    Seller's Agent in 2021

    Shelly Cole

    Paradise Coast Property Team

    (239) 200-2202

    2 in this area

    33 Total Sales

    Shelly Cole
    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Jason Bayle

    Paradise Coast Property Team

    Section Image
  • Michael Soulard

    Buyer's Agent in 2021

    Michael Soulard

    John R. Wood Properties

    (239) 272-6263

    2 in this area

    75 Total Sales

    Michael Soulard
    Section Image
See All Agents

Map

Source: Naples Area Board of REALTORS®

MLS Number: 221062154

Naples Area Board of REALTORS®

APN: 00433520005

Florida Collier County Naples 34114 Hacienda Lakes

5650 Melrose Ln, Naples, FL

This home is located at 5650 Melrose Ln, Naples, FL 34114 since 27 August 2021 and is currently estimated at $832,167, approximately $792 per square foot. This property was built in 1967. 5650 Melrose Ln is a home located in Collier County with nearby schools including Lely Elementary School, Manatee Middle School, and Lely High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Naples Area Board of REALTORS® The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2025 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

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