$6,750,000
SOLD APR 5, 2023
4 Beds
8 Baths
6,677 Sq Ft
0.41 Acres

Recently Sold

$1,011 Per Sq Ft

7% Below List Price

47 Days on Market

Highlights

  • Concrete Pool
  • Two Primary Bedrooms
  • Lanai
  • Naples High School Rated A
  • Wood Flooring
  • Great Room

About This Home

As of April 2023

740 Coral Drive is situated in a picturesque location on an oversized lot right in the heart of Coquina Sands offering ideal proximity to all the best of what Naples has to offer including Old Naples, beaches, Venetian Village, Waterside shops, and the upcoming Four Seasons Resort. London Bay Homes remastered this property in 2020 to exacting standards as well as a new standing seam metal roof in 2022 and the home lives like new. Residence consists of nearly 6,700 square feet of living space, 4 bedrooms, 8 baths, gourmet kitchen, service kitchen, great room layout with wide plank walnut wood flooring, den, 2nd study/exercise flex, separate living room, huge laundry, mud room, generous first floor guest retreat with private courtyard, 3 bay air conditioned garage, immense storage, and a massive lavishly appointed spa like master bedroom offering his/hers baths and two additional bedrooms with extensive balconies upstairs. Outside you will find generous covered living space with kitchen, large heated pool/spa with sun shelf, pool bath, outdoor kitchen, fire pit, and automatic roll down screens. Grounds are immaculate and extremely private with exquisite fenced in landscape.

Last Agent to Sell the Property

Rex Miller

William Raveis Real Estate License #NAPLES-249515785 Listed on: 01/17/2023

William Raveis Real Estate

Last Buyer's Agent

Sarita O'Shea

Coldwell Banker Realty License #NAPLES-846533480

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,483

Year Built

  • Built in 2006

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions: 166
  • West Facing Home
  • Fenced
  • Paved or Partially Paved Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Deeded Parking

Home Design

  • Concrete Block With Brick
  • Wood Frame Construction
  • Metal Roof
  • Stucco

Interior Spaces

  • 6,677 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Fireplace
  • Shutters
  • Sliding Windows
  • Casement Windows
  • French Doors
  • Great Room
  • Family or Dining Combination
  • Home Office
  • Screened Porch
  • Home Gym

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Built-In Self-Cleaning Double Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • Double Master Bedroom
  • Split Bedroom Floorplan
  • Built-In Bedroom Cabinets
  • Dual Sinks
  • Bathtub With Separate Shower Stall
  • Multiple Shower Heads

Laundry

  • Laundry Room
  • Washer
  • Laundry Tub

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Balcony
  • Lanai
  • Outdoor Gas Grill

Schools

  • Lake Park Elementary School
  • Gulfview Middle School
  • Naples High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Propane
  • Water Treatment System
  • Cable TV Available

Community Details

  • Coquina Sands Community

Listing and Financial Details

  • Assessor Parcel Number 06282160005
  • Tax Block D

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,483

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Legal Description: COQUINA SANDS UNIT 2 BLK D LOT 17
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.165972$-81.801031$252.32$13.33$1.00$Iz3leY0_s0dZu2Ekf3fV7w
  • Building Design: Single Family
  • Building Description: 2 Story
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 2006
  • Directions: U.S. 41 to Orchid Drive, left on Mandarin then right on Nautilus. Home is right in front and there are two driveways one off of Nautilus and one on Coral.
  • Property Information: 740 Coral Drive is situated in a picturesque location on an oversized lot right in the heart of Coquina Sands offering ideal proximity to all the best of what Naples has to offer including Old Naples, beaches, Venetian Village, Waterside shops, and the upcoming Four Seasons Resort. London Bay Homes remastered this property in 2020 to exacting standards as well as a new standing seam metal roof in 2022 and the home lives like new. Residence consists of nearly 6,700 square feet of living space, 4 bedrooms, 8 baths, gourmet kitchen, service kitchen, great room layout with wide plank walnut wood flooring, den, 2nd study/exercise flex, separate living room, huge laundry, mud room, generous first floor guest retreat with private courtyard, 3 bay air conditioned garage, immense storage, and a massive lavishly appointed spa like master bedroom offering his/hers baths and two additional bedrooms with extensive balconies upstairs. Outside you will find generous covered living space with kitchen, large heated pool/spa with sun shelf, pool bath, outdoor kitchen, fire pit, and automatic roll down screens. Grounds are immaculate and extremely private with exquisite fenced in landscape.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished Description: Partially Furnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 1010.93
  • Total Floors: 2
  • Additional Rooms: Balcony, Den/Study, Exercise, Great Room, Home Office, Laundry in Residence, Open Porch/Lanai, Screened Lanai/Porch
  • Estimated Living Area: 6677
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bathrooms: 8.00
  • Bedroom Description: Master BR Upstairs, Split Bedrooms, Two Master Suites
  • Bedrooms: 4+Den
  • Total Bedrooms: 4
  • Dining Room: Breakfast Bar, Family Dining
  • Equipment: Auto Garage Door, Central Vacuum, Dishwasher, Disposal, Double Oven, Gas Grill, Stand-Alone Ice Maker, Microwave, Refrigerator/Freezer, Self Cleaning Oven, Smoke Detector, Wall Oven, Washer, Water Treatment Owned, Wine Cooler
  • Flooring: Carpet, Laminate, Tile, Wood
  • Floor Plan: Great Room, Split Bedrooms, 2 Story
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Closet Cabinets, Fireplace, Foyer, French Doors, Internet Available, Laundry Tub, Pantry
  • Kitchen: Gas Available, Island, Walk-In Pantry
  • Primary Bathroom: 2 Masters, Dual Sinks, Multiple Shower Heads, Separate Tub And Shower
  • Windows: Casement, Impact Resistant, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Metal
  • Construction: Concrete Block, Wood Frame
  • Irrigation: Central
  • Road: City Maintained, Paved Road
  • View: Landscaped Area
  • Exterior Features: Built In Grill, Decorative Shutters, Fence, Grill, Sprinkler Auto
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground, Concrete, Heated Gas
  • Private Spa Type: Below Ground, Concrete, Heated Gas

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 3
  • Parking: 2+ Spaces, Circle Drive, Driveway Paved

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central
  • Gas Description: Propane

Condo/Co-op/Association

  • Management Company Phone: 239-222-2222
  • Mandatory HOA: No
  • Restrictions: Deeded
  • Sub Condo Name: COQUINA SANDS
  • Development Name: COQUINA SANDS

Association/Amenities

  • Pets: No Approval Needed
  • Development: Coquina Sands
  • Amenities: Underground Utility
  • Community Type: Non-Gated
  • Units In Building: 1
  • Total Number of Units: 1

Schools

  • Elementary School: LAKE PARK ELEMENTARY
  • Middle School: GULFVIEW MIDDLE SCHOOL
  • High School: NAPLES HIGH SCHOOL
  • Elementary School: Lake Park Elementary
  • High School: Naples High School
  • Middle School: Gulfview Middle School

Lot Info

  • Builder Product: No
  • Lot Back: 155
  • Lot Frontage: 166
  • Lot Left: 111
  • Lot Right: 136
  • Lot Unit: 17
  • Section: 34
  • Total Area: 9681
  • Waterfront: No
  • Acres: 0.4100
  • Rear Exposure: West
  • Lot Description: Corner, Oversize
  • Lot Dimensions: 166 X 111 X 155 X 136
  • Parcel Number: 06282160005

Rental Info

  • Lease Limits: No
  • Leases Per Year: 365
  • Min Days Of Lease: 1

Tax Info

  • Tax Description: City And County
  • Taxes: 27483.34
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2023
Closed on
Apr 5, 2023
Sold by
Stevens David J and Stevens Maribel Larragoity
Bought by
William Edward Walter Iii Revocable Trust
Seller's Agent
Rex Miller
William Raveis Real Estate
Buyer's Agent
Sarita O'Shea
Coldwell Banker Realty
List Price
$7,295,000
Sold Price
$6,750,000
Premium/Discount to List
-$545,000
-7.47%
Views
184
Current Estimated Value
$6,707,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,468
Avg. Annual Appreciation
-0.28%

Purchase Details

Listed on
Jan 22, 2019
Closed on
May 7, 2019
Sold by
Fitzgerald David Carol
Bought by
Stevens David J and Larragoity Rodriguez Maribel
Seller's Agent
Sandy O'Connor
Premier Sotheby's Int'l Realty
Buyer's Agent
Craig Jones
John R Wood Properties
List Price
$2,850,000
Sold Price
$2,500,000
Premium/Discount to List
-$350,000
-12.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.92%
Original Mortgage
$2,000,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 29, 2003
Sold by
Hubert James P and Hubert Doras D
Bought by
Fitzgerald William and Fitzgerald Carol

Purchase Details

Closed on
Apr 18, 1994
Sold by
Hertag Emilie
Bought by
Hubert James P and Hubert Doras D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.61%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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 $6,750,000 None Listed On Document
Warranty Deed $2,500,000 Attorney
Warranty Deed $495,000 --
Warranty Deed $180,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,000,000 Commercial
Previous Owner $1,500,000 Unknown
Previous Owner $350,000 Credit Line Revolving
Previous Owner $100,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2023 04/05/23 Sold $6,750,000 -2.9% $1,011 / Sq Ft
03/05/2023 03/05/23 Pending -- -- --
02/24/2023 02/24/23 Price Changed $6,950,000 -4.7% $1,041 / Sq Ft
01/17/2023 01/17/23 For Sale $7,295,000 +191.8% $1,093 / Sq Ft
05/08/2019 05/08/19 Sold $2,500,000 -9.1% $410 / Sq Ft
03/12/2019 03/12/19 Pending -- -- --
03/05/2019 03/05/19 Price Changed $2,750,000 -3.5% $451 / Sq Ft
01/22/2019 01/22/19 For Sale $2,850,000 -- $468 / 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 $26,726 $2,926,494 $0 $0
2022 $27,483 $2,841,256 $0 $0
2021 $27,915 $2,758,501 $1,182,218 $1,576,283
2020 $24,223 $2,386,106 $1,282,406 $1,103,700
2019 $16,515 $1,647,280 $0 $0
2018 $16,169 $1,616,565 $0 $0
2017 $15,927 $1,583,315 $0 $0
2016 $15,658 $1,550,749 $0 $0
2015 $15,985 $1,539,969 $0 $0
2014 $16,045 $1,477,747 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 223004221

Naples Area Board of REALTORS®

APN: 06282160005