NOT LISTED FOR SALE

Estimated Value: $4,142,000

4 Beds
6 Baths
7,506 Sq Ft
$552/Sq Ft Est. Value

Last Sold December 22, 2020

Last sale price $10,500,000 $1,399 Per Sq Ft

Current estimated payment $26,049/month

264 Days on Market

Highlights

  • Dock Available
  • Property Fronts a Bay or Harbor
  • Wood Flooring
  • Lake Park Elementary School Rated A
  • In Ground Pool
  • Formal Dining Room

About This Home

As of December 2020

A rare opportunity to purchase a property with one of the best views in Port Royal. Long water views South across the bay reveal the beauty of the Rookery Bay National Estuarine Research Reserve. This lot and one half on Admiralty Parade East provides an exceptional building envelope. The property is being sold in its "As-Is condition". Port Royal Club membership eligibility.

Last Agent to Sell the Property

Richard Prebish Ii

William Raveis Real Estate Listed on: 03/06/2020

William Raveis Real Estate

Co-Listed By

Thomas Campbell Jr

William Raveis Real Estate

Last Buyer's Agent

Taylor Canada

Gulf Coast International Prop

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $90,823

Year Built

  • Built in 1988

Lot Details

  • Lot Dimensions: 133
  • Property Fronts a Bay or Harbor
  • South Facing Home

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Deeded Parking

Home Design

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

Interior Spaces

  • 7,506 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Skylights
  • Fireplace
  • Picture Window
  • Casement Windows
  • Formal Dining Room
  • Bay Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • No Fixed Bridges
  • Dock Available
  • Screened Balcony

Utilities

  • Central Heating and Cooling System
  • Propane
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 16810800002

Community Details

Overview

  • Voluntary home owners association
  • Port Royal Community

Recreation

  • Gulf Boat Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$90,823

Year Built

Built in 1988

Lot Details

0

HOA Fees

$33 per month

Parking

3

Listing Details

  • Legal Description: ADMIRALTY PARADE SECT PORT ROYAL LOT 22 + SWLY 1/2 OF LOT 21
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.099443$-81.791653$146.21$13.33$1.00$C5a_R8CnZbl6nFc5n8lS7g
  • Building Design: Single Family
  • Year Built: 1988
  • Property Information: A rare opportunity to purchase a property with one of the best views in Port Royal. Long water views South across the bay reveal the beauty of the Rookery Bay National Estuarine Research Reserve. This lot and one half on Admiralty Parade East provides an exceptional building envelope. The property is being sold in its "As-Is condition". Port Royal Club membership eligibility.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 1398.88
  • Total Floors: 2
  • Additional Rooms: Laundry in Residence, Screened Balcony
  • Estimated Living Area: 7506
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6.00
  • Bedrooms: 4+Den
  • Total Bedrooms: 4
  • Dining Room: Formal
  • Elevator: Private
  • Equipment: Cooktop, Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Wall Oven, Washer
  • Flooring: Carpet, Tile, Wood
  • Floor Plan: Other
  • Interior Amenities: Fireplace, Foyer, Walk-In Closet, Wet Bar
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Windows: Casement, Picture, Skylight

Exterior Features

  • Gulf Access: Yes
  • Private Pool: Yes
  • Private Spa: No
  • Roof: Built-Up Or Flat, Shingle
  • Construction: Concrete Block, Wood Frame
  • Gulf Access Type: No Bridge(s)/Water Direct
  • Boat Access: Dock Included
  • Irrigation: Reclaimed
  • View: Bay
  • Exterior Finish: Brick
  • Private Pool Type: Below Ground
  • Waterfront Type: Bay

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 3

Utilities

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

Condo/Co-op/Association

  • Management Company Phone: 239-261-6472
  • Mandatory HOA: No
  • Restrictions: Deeded
  • Sub Condo Name: PORT ROYAL
  • HOA Description: Voluntary
  • HOA Fees: 395
  • HOA Fee Frequency: Annually
  • Development Name: PORT ROYAL

Association/Amenities

  • Pets: No Approval Needed
  • Development: Port Royal
  • Community Type: Non-Gated
  • Units In Building: 1
  • Total Number of Units: 1

Lot Info

  • Builder Product: No
  • Lot Back: 177
  • Lot Frontage: 133
  • Lot Left: 218
  • Lot Right: 228
  • Lot Unit: 22+SWLY 1/2 21
  • Section: 22
  • Total Area: 7506
  • Waterfront: Yes
  • Rear Exposure: South
  • Lot Dimensions: 133 X 218 X 177 X 228
  • Parcel Number: 16810800002

Rental Info

  • Lease Limits: Yes

Tax Info

  • Tax Description: City And County
  • Taxes: 90823.08
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2020
Closed on
Dec 22, 2020
Sold by
Sherman Michael H
Bought by
Doe Charles Franklin and Doe Deborah Margaret
Seller's Agent
Richard Prebish Ii
William Raveis Real Estate
Buyer's Agent
Taylor Canada
Gulf Coast International Prop
List Price
$12,495,000
Sold Price
$10,500,000
Premium/Discount to List
-$1,995,000
-15.97%
Current Estimated Value
$4,142,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,358,000
Avg. Annual Appreciation
-17.78%

Purchase Details

Closed on
Jan 24, 2000
Sold by
Miller Catherine C
Bought by
Sherman Michael H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,250,000
Interest Rate
7.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Doe Charles Franklin $10,500,000 Attorney
Doe Charles Franklin $10,500,000 None Listed On Document
Sherman Michael H $4,750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sherman Michael H $1,120,000
Previous Owner Sherman Michael H $3,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2020 12/22/20 Sold $10,500,000 -16.0% $1,399 / Sq Ft
11/25/2020 11/25/20 Pending -- -- --
03/06/2020 03/06/20 For Sale $12,495,000 -- $1,665 / 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 $184,689 $20,889,711 -- --
2024 $103,971 $18,990,646 -- --
2023 $103,971 $8,565,151 $0 $0
2022 $91,320 $7,786,501 $0 $0
2021 $85,075 $8,290,822 $6,944,858 $1,345,964
2020 $76,954 $7,580,570 $7,021,175 $559,395
2019 $90,823 $8,258,270 $0 $0
2018 $82,080 $7,507,518 $0 $0
2017 $75,133 $6,825,016 $0 $0
2016 $64,193 $6,204,560 $0 $0
2015 $69,510 $6,312,428 $0 $0
2014 $61,768 $5,738,571 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 220010566

Naples Area Board of REALTORS®

APN: 16810800002