NOT LISTED FOR SALE

Estimated Value: $5,294,468

1 Bed
1 Bath
835 Sq Ft
$6,341/Sq Ft Est. Value

About This Home

This home is located at 898 5th Ave S Unit 303, Naples, FL 34102 and is currently estimated at $5,294,468, approximately $6,340 per square foot. 898 5th Ave S Unit 303 is a home located in Collier County with nearby schools including Lake Park Elementary School, Naples High School, and Gulfview Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2023
Sold by
898 Fifth Avenue South Holdings Llc
Bought by
Neco 898 5Th Avenue South Llc
Current Estimated Value
$5,294,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,500,000
Outstanding Balance
$150,515,583
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
-$145,221,115

Purchase Details

Closed on
Apr 1, 2016
Sold by
Marolax Naples Inc
Bought by
898 Fifth Avenue South Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,200,000
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 2016
Bought by
898 Fifth Ave S Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,200,000
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 23, 2009
Sold by
Verwaltungsgesellsch Marolax Handels Und
Bought by
Marolax Naples Inc

Purchase Details

Closed on
Sep 24, 2009
Sold by
898 5Th Ave South Corporation
Bought by
Verwaltungsgesellsch Marolax Handels Und

Purchase Details

Closed on
Aug 15, 2007
Sold by
898 Fifth Avenue South Corp
Bought by
Provident Holding Co Llc

Purchase Details

Closed on
Aug 27, 1997
Sold by
Jordan Dev Corp
Bought by
Gatehouse Corp

Purchase Details

Closed on
May 27, 1993
Sold by
Evans Austin G and Lipstate Mary A
Bought by
Naples Liquors Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.39%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Neco 898 5Th Avenue South Llc $5,421,000 None Listed On Document
Neco 898 5Th Avenue South Llc $5,421,000 None Listed On Document
898 Fifth Avenue South Holdings Llc $6,500,000 Attorney
Marolax Naples Inc -- Attorney
898 Fifth Ave S Holdings Llc $100 --
Marolax Naples Inc -- None Available
Verwaltungsgesellsch Marolax Handels Und -- Attorney
Provident Holding Co Llc -- None Available
Gatehouse Corp $440,000 --
Naples Liquors Inc $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neco 898 5Th Avenue South Llc $153,500,000
Closed Neco 898 5Th Avenue South Llc $153,500,000
Previous Owner 898 Fifth Avenue South Holdings Llc $4,200,000
Previous Owner Naples Liquors Inc $350,000
Source: Public Records

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 $71,715 $6,644,030 $2,972,943 $3,671,087
2024 $58,031 $6,582,020 $2,972,943 $3,609,077
2023 $58,031 $4,314,828 $0 $0
2022 $67,862 $4,647,458 $0 $0
2021 $52,860 $4,224,962 $1,940,021 $2,284,941
2020 $60,512 $4,818,869 $0 $0
2019 $57,430 $4,380,790 $0 $0
2018 $50,949 $3,982,536 $0 $0
2017 $46,355 $3,620,487 $1,549,125 $2,071,362
2016 $43,844 $3,413,044 $0 $0
2015 $41,134 $3,131,269 $0 $0
2014 $38,999 $2,877,268 $0 $0
Source: Public Records

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