$5,400,000
SOLD AUG 27, 2025
4 Beds
4.5 Baths
4,058 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$1,331 Per Sq Ft

8% Below List Price

41 Days on Market

Highlights

  • Concierge
  • Boat Ramp
  • Home fronts navigable water
  • Lake Park Elementary School Rated A
  • Deeded Boat Dock
  • Water access To Gulf or Ocean

About This Home

As of August 2025

STUNNING NEW CONSTRUCTION READY FOR OCCUPANCY. Fully furnished home in Mangrove Bay. Spacious 4,056 square feet under air with 4-bedrooms, 4-1/2 baths, a private entry guest cottage, an expansive 2nd floor family room with an exterior viewing patio deck. PRIVATE COVERED BOAT SLIP INCLUDED. Wood flooring throughout with Ruffino custom cabinetry. Gourmet kitchen featuring Wolf/Subzero appliances (including gas range). Extensive interior finish upgrades. Spacious covered terrace with electronic roll-down screens, outdoor fireplace & grilling station. Exquisite large pool & spa with shell-stone decking. CBS construction, standing seam pure aluminum roof & direct natural gas feed. A generator large enough to run the entire house in the event of a power loss is positioned on a roof deck. Mangrove Bay is nestled along the Gordon River in Old Naples, adjacent to Baker Park, the new Gulfshore Playhouse, 5th Avenue & 3rd Street shopping & dining & the Gulf beaches. Mangrove Bay offers a private luxury Wellness Center for residents with a state-of-the-art fitness room & resident lounge.

Last Agent to Sell the Property

Randy Porter

William Raveis Real Estate Listed on: 06/13/2025

William Raveis Real Estate

Co-Listed By

Gregory Sofranko

William Raveis Real Estate

Last Buyer's Agent

Victoria Dellanos

Premier Sotheby's Int'l Realty

Premier Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,662

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 8,712 Sq Ft Lot
  • 48 Ft Wide Lot
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Landscaped
  • Rectangular Lot

HOA Fees

  • $1,600 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Deeded Parking

Property Views

  • Views of Preserve
  • Views of Mangrove

Home Design

  • Concrete Block With Brick
  • Concrete Foundation
  • Pillar, Post or Pier Foundation
  • Poured Concrete
  • Metal Roof
  • Stucco

Interior Spaces

  • Property has 2 Levels
  • Wet Bar
  • Furnished
  • Bar
  • Vaulted Ceiling
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family or Dining Combination
  • Loft
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Grill
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry in unit
  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Pool and Spa
  • Concrete Pool
  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gas Heated Pool

Outdoor Features

  • Water access To Gulf or Ocean
  • Mangrove Front
  • Rip-Rap
  • Boat Slip
  • Deeded Boat Dock
  • Dock made with Composite Material
  • Balcony
  • Deck
  • Patio
  • Outdoor Fireplace
  • Outdoor Kitchen
  • Attached Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Power Generator
  • Gas Available
  • Tankless Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12120001621

Community Details

Overview

  • Mangrove Bay Subdivision
  • Mandatory home owners association
  • Electric Vehicle Charging Station

Amenities

  • Concierge
  • Clubhouse
  • Bike Room
  • Community Storage Space

Recreation

  • Boat Ramp
  • Boat Dock
  • Fitness Center

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,662

Year Built

Built in 2025 | New Construction

Lot Details

0

HOA Fees

$1,600 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2025
  • Property Sub Type: Single Family Residence
  • Community Features: Clubhouse, Fitness Center, Sidewalks, Street Lights
  • Frontage: Bay/Harbor
  • Horses: No
  • Lot Features: Regular
  • Park Name: MANGROVE BAY
  • Road Surface Type: Paved
  • Is Senior Community?: No
  • Spa Features: Below Ground, Concrete, Equipment Stays, Heated Gas, Pool Integrated
  • Has View?: Yes
  • Security Features: Smoke Detector(s)
  • Association Amenities: Bike Storage, Clubhouse, Community Boat Dock, Community Boat Ramp, Community Room, Concierge, Electric Vehicle Charging, Storage, Fitness Center, Guest Room, Internet Access, Sidewalk, Streetlight, Underground Utility
  • Association Fees: 19200
  • Has H O A?: Yes
  • Co List Office Mls Id: NWRF2
  • Co List Office Phone: 239-529-5451
  • Co List Office Mls Id: NWRF2
  • Standard Status: Closed
  • Subdivision Name: MANGROVE BAY
  • Architectural Style: Two Story, Single Family
  • Has Fireplace?: Yes
  • Unit Levels: 2
  • Is New Construction?: Yes
  • Structure Type: House
  • OpenHouseCount: 1
  • Elevator: None
  • Boat Access: Boat Dock Private, Boat Slip, Composite Dock, Dock Deeded
  • LastChangeTimestamp: 2025-08-28T13:32:32.673Z
  • Community Type: Boating
  • BridgeModificationTimestamp: 2025-08-28T13:47:15.729Z
  • ListAgent_MUI: 47447176
  • CDOM: 190
  • Gulf Access Type: Bridge(s)/Water Indirect
  • Building Desc: 2 Story
  • Equipment: Auto Garage Door, Cooktop - Gas, Dishwasher, Disposal, Dryer, Generator, Grill - Gas, Microwave, Refrigerator/Freezer, Smoke Detector, Tankless Water Heater, Washer, Wine Cooler
  • CoListAgent_MUI: 25093661
  • DOM: 41
  • Additional Rooms: Balcony, Great Room, Guest Bath, Guest Room, Laundry in Residence, Loft, Screened Lanai/Porch
  • NABOR_ListPrice: 5900000
  • Special Features: NewHome

Interior Features

  • Flooring: Marble, Tile, Wood
  • Interior Amenities: Bar, Built-In Cabinets, Fireplace, Foyer, French Doors, Laundry Tub, Smoke Detectors, Volume Ceiling, Walk-In Closet(s), Wet Bar
  • Private Spa: Yes
  • Appliances: Gas Cooktop, Dishwasher, Disposal, Dryer, Grill - Gas, Microwave, Refrigerator/Freezer, Tankless Water Heater, Washer, Wine Cooler
  • Other Equipment: Generator
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace Features: Outside
  • Stories: 2
  • Room Dining Room Features: Dining - Family, Eat-in Kitchen
  • Kitchen Description: Gas Available, Island

Exterior Features

  • Roof: Metal
  • View: Landscaped Area, Mangroves, Preserve
  • Exterior Features: Boat Dock Private, Boat Slip, Composite Dock, Dock Deeded, Balcony, Screened Lanai/Porch, Built In Grill, Outdoor Kitchen
  • Pool Features: Pool/Spa Combo, Below Ground, Concrete, Custom Upgrades, Equipment Stays, Gas Heat
  • Has Private Pool?: Yes
  • Waterfront Features: Bay, Mangrove, Navigable, Rip Rap
  • Construction Type: Concrete Block, Poured Concrete, Stucco
  • Foundation Details: Concrete Block, Pillar/Post/Pier, Poured Concrete
  • Other Structures: Outdoor Kitchen
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Garage Spaces: 2
  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Covered Parking Spaces: 2
  • Has Attached Garage?: Yes
  • Parking Features: Deeded, Attached
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Electric, Zoned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Laundry Features: Laundry in Residence, Laundry Tub
  • Green Building Features: DSL/Cable Available
  • Heating: Central Electric, Zoned
  • Water Source: Central
  • Gas: Natural

Condo/Co-op/Association

  • Pets Allowed: Yes

Lot Info

  • Waterfront: Yes
  • Parcel Number: 12120001621
  • Lot Size Sq Ft: 8712
  • Land Lease Expiration Date: 2026-06-12
  • Additional Parcels: No

Rental Info

  • Lease Term: Buyer Finance/Cash

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12662.26

Multi Family

  • Number Of Units Furnished: Furnished
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2025
Closed on
Aug 22, 2025
Sold by
Bor V Llc
Bought by
Gray Family 2024 Florida Trust and Gray
Seller's Agent
Randy Porter
William Raveis Real Estate
Buyer's Agent
Victoria Dellanos
Premier Sotheby's Int'l Realty
List Price
$5,900,000
Sold Price
$5,400,000
Premium/Discount to List
-$500,000
-8.47%
Views
139
Current Estimated Value
$5,148,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$251,813
Avg. Annual Appreciation
-14.72%

Purchase Details

Listed on
Apr 11, 2021
Closed on
May 19, 2021
Sold by
Mangrove Bay Development Llc
Bought by
Bor V Llc
Seller's Agent
Jon Rubinton
Paradise Realty of Naples,LLC
Buyer's Agent
Jon Rubinton
Paradise Realty of Naples,LLC
List Price
$3,595,000
Sold Price
$4,000,000
Premium/Discount to List
$405,000
11.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $5,400,000 None Listed On Document
Special Warranty Deed $1,250,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2025 08/27/25 Sold $5,400,000 -8.5% $1,331 / Sq Ft
07/24/2025 07/24/25 Pending -- -- --
06/13/2025 06/13/25 For Sale $5,900,000 +47.5% $1,454 / Sq Ft
05/19/2021 05/19/21 Sold $4,000,000 +11.3% $986 / Sq Ft View Prior Sale
04/15/2021 04/15/21 Pending -- -- --
04/11/2021 04/11/21 For Sale $3,595,000 -- $886 / 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 $12,662 $1,381,975 -- --
2024 $10,575 $1,256,341 -- --
2023 $10,575 $1,142,128 $0 $0
2022 $10,182 $1,038,298 $1,038,298 $0
2021 $13,142 $1,280,720 $1,280,720 $0
2020 $7,070 $696,418 $696,418 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 225055915

Naples Area Board of REALTORS®

APN: 12120001621