NOT LISTED FOR SALE

940 7th St S Naples, FL 34102

Old Naples Neighborhood

Estimated Value: $6,305,626 - $7,316,000

4 Beds
6 Baths
7,522 Sq Ft
$890/Sq Ft Est. Value

Last Sold March 20, 2017

Last sale price $3,741,250 $497 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $40,604/month

242 Days on Market

About This Home

As of March 2017

Spectacular new construction designed by MHK Architects and located in the heart of Old Naples. Built to today's highest standards with CBS construction and poured concrete between floors. Exceptional floor plan with an abundance of privacy for both owner and guests. Open-concept kitchen with Taj Mahal Quartzite countertops, glass tile backsplash and top-of-the-line appliances. Luxurious first-floor master suite with fireplace, dual walk-in closets and Calcutta Gold marble bath. Floating staircase leads to upstairs living area with wet bar, two guest suites and entry to separate guest cabana with kitchenette. Walls of glass pocket back to bring the outside in, perfect for entertaining. Easy access to 5th Avenue South, Third Street, Crayton Cove and Cambier Park.

Last Agent to Sell the Property

Heather Hobrock

Premier Sotheby's Int'l Realty License #NAPLES-249512578 Listed on: 07/11/2016

Premier Sotheby's Int'l Realty

Last Buyer's Agent

Carmen Carrier

Downing Frye Realty Inc. License #NAPLES-249501739

Downing Frye Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,084

Year Built

  • 2016

Lot Details

  • 9,148

Interior Spaces

  • 7,522 Sq Ft Home
  • 2-Story Property

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,084

Year Built

2016

Lot Details

0

Listing Details

  • Legal Description: NAPLES T 7 BLK 11 S1/2 OF LOTS 1-3, S 1/2 OF E 25FT OF LOT 4 & N 10FT OF VACATED E/W ALLEY ADJ TO E 25FT OF LOT 4
  • Street View Param: 1$26.136721$-81.797165$268.02$13.33$1.00$90Toz46o9RKRo1ETFidMHw
  • Building Design: Single Family
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2016

Interior Features

  • Additional Rooms: Guest Bath, Guest Room, Laundry in Residence, Open Porch/Lanai, Den/Study
  • Bedroom Description: Master BR Ground
  • Bedrooms and Dens: 4+Den
  • Dining Room: Eat-in Kitchen
  • Equipment: Auto Garage Door, Cooktop, Dishwasher, Disposal, Dryer, Gas Grill, Microwave, Refrigerator/Icemaker, Security System, Smoke Detector, Wall Oven, Washer
  • Flooring: Marble, Tile, Wood
  • Interior Amenities: Cable Prewire, Fireplace, Pantry, Smoke Detectors, Walk-In Closet, Wet Bar
  • Kitchen: Island, Walk-In Pantry
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Room Count: 13
  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 828.81
  • Total Floors: 2

Exterior Features

  • Roof: Tile
  • Exterior Features: Built In Grill, Outdoor Fireplace, Outdoor Shower, Patio, Sprinkler Auto
  • Construction: Concrete Block, Poured Concrete
  • Exterior Features: Built In Grill, Outdoor Fireplace, Outdoor Shower, Patio, Sprinkler Auto
  • Exterior Finish: Stucco
  • Irrigation: Central
  • Private Pool: Below Ground, Concrete, Equipment Stays, Pool Bath
  • Private Spa: Below Ground, Concrete, Equipment Stays
  • Storm Protection: Impact Resistant Doors
  • Windows: Casement, Sliding

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: Guest

Utilities

  • Cooling: Central Electric, Zoned
  • Heating: Central Electric, Zoned
  • Security: Monitored Alarm
  • Sewer: Central
  • Water: Central

Association/Amenities

  • Units in Building: 1
  • Total Number of Units: 1
  • Pets: No Approval Needed
  • Development: Olde Naples

Condo/Co-op/Association

  • Sub Condo Name: OLDE NAPLES

Lot Info

  • Rear Exposure: West
  • View: Landscaped Area
  • Lot Dimensions: 75 X 125
  • Lot Back: 75
  • Lot Frontage: 75
  • Lot Left: 125
  • Lot Right: 125
  • Lot Unit: 4
  • Section: 9
  • Total Area: 7522

Tax Info

  • Tax Description: City And County, New Construction

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2024
Sold by
John P Surma Trust and Surma John P
Bought by
Jane T Schmidt 2007 Trust and Schmidt
Total Days on Market
242
Current Estimated Value
$6,693,407

Purchase Details

Listed on
Jul 11, 2016
Closed on
Mar 20, 2017
Sold by
940 7Th Street South Llc
Bought by
Surma John P and John P Surma Trust
Seller's Agent
Heather Hobrock
Premier Sotheby's Int'l Realty
Buyer's Agent
Carmen Carrier
Downing Frye Realty Inc.
List Price
$4,098,000
Sold Price
$3,741,250
Premium/Discount to List
-$356,750
-8.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%

Purchase Details

Closed on
Oct 29, 2012
Sold by
Perez Opal F and Michels Gretna B
Bought by
940 7Th Street South Llc
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 Buyer Sale Price Title Company
Jane T Schmidt 2007 Trust $6,550,000 None Listed On Document
Surma John P $3,741,250 Attorney
Surma John P $3,741,250 None Available
940 7Th Street South Llc $675,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2017 03/20/17 Sold $3,741,250 -3.6% $497 / Sq Ft
03/10/2017 03/10/17 Pending -- -- --
02/01/2017 02/01/17 Price Changed $3,880,000 -3.0% $516 / Sq Ft
12/22/2016 12/22/16 Price Changed $3,998,000 -2.4% $532 / Sq Ft
07/11/2016 07/11/16 For Sale $4,098,000 -- $545 / 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 $38,084 $3,626,677 $0 $0
2022 $41,575 $3,857,435 $0 $0
2021 $35,984 $3,506,759 $1,648,310 $1,858,449
2020 $34,090 $3,358,115 $1,552,478 $1,805,637
2019 $32,915 $3,207,129 $1,437,480 $1,769,649
2018 $36,011 $3,515,243 $1,857,675 $1,657,568
2017 $32,331 $2,970,232 $0 $0
2016 $14,804 $1,219,545 $0 $0
2015 $13,623 $1,108,677 $0 $0
2014 $10,849 $1,007,888 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Heather Hobrock

    Seller's Agent in 2017

    Heather Hobrock

    Premier Sotheby's Int'l Realty

    (239) 370-3944

    25 in this area

    88 Total Sales

    Heather Hobrock
    Section Image
  • Carmen Carrier

    Buyer's Agent in 2017

    Carmen Carrier

    Downing Frye Realty Inc.

    (239) 564-1144

    11 Total Sales

    Carmen Carrier
    Section Image
See All Agents

Map

Source: Naples Area Board of REALTORS®

MLS Number: 216044574

Naples Area Board of REALTORS®

APN: 14037720006

Florida Collier County Naples 34102 Old Naples

940 7th St S, Naples, FL

This home is located at 940 7th St S, Naples, FL 34102 since 11 July 2016 and is currently estimated at $6,693,407, approximately $889 per square foot. This property was built in 2016. 940 7th St S is a home located in Collier County with nearby schools including Lake Park Elementary School, Naples High School, and Gulfview Middle 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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