$16,550,000
SOLD MAY 6, 2025
5 Beds
6.5 Baths
9,054 Sq Ft
0.83 Acres

Recently Sold

$1,828 Per Sq Ft

25% Below List Price

885 Days on Market

Highlights

  • Dock has access to electricity
  • Boating
  • Boat Lift
  • Lake Park Elementary School Rated A
  • Home fronts navigable water
  • Home Theater

About This Home

As of May 2025

950 Admiralty Parade

Last Agent to Sell the Property

Michael Lawler

Douglas Elliman Florida,LLC License #NAPLES-249501908 Listed on: 10/28/2022

Douglas Elliman Florida,LLC

Last Buyer's Agent

Bill Earls

John R Wood Properties License #NAPLES-249500719

John R Wood Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $142,377

Year Built

  • Built in 2001

Lot Details

  • 0.83 Acre Lot
  • Lot Dimensions: 150
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • South Facing Home

Parking

  • 4 Car Attached Garage
  • Automatic Garage Door Opener

Property Views

  • Bay
  • Mangrove

Home Design

  • Concrete Block With Brick
  • Wood Frame Construction
  • Stucco
  • Tile

Interior Spaces

  • 9,054 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Furnished
  • Furnished or left unfurnished upon request
  • Fireplace
  • Arched Windows
  • Casement Windows
  • French Doors
  • Great Room
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Den

Kitchen

  • Built-In Double Oven
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Built-In Bedroom Cabinets
  • Walk-In Closet
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door

Pool

  • Concrete Pool
  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • No Fixed Bridges
  • Boat Lift
  • Dock has access to electricity
  • Dock made with wood
  • Balcony
  • Patio
  • Attached Grill

Additional Homes

  • 483 SF Accessory Dwelling Unit

Utilities

  • Zoned Heating and Cooling
  • Propane
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 16810640000

Community Details

Overview

  • Port Royal Community

Recreation

  • Boating
  • Gulf Boat Access
  • Beach Club Membership Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$142,377

Year Built

Built in 2001

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.099996$-81.790402$136.28$13.33$1.00$rbul_xQN1j1TW8sgcE0Qjg
  • Building Design: Single Family
  • Building Description: 2 Story
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 2001
  • Directions: 950 Admiralty Parade, Naples, FL 34102
  • Property Information: 950 Admiralty Parade
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished Description: Furnished
  • Price Per Sq Ft: 1827.92
  • Total Floors: 2
  • Additional Rooms: Balcony, Den/Study, Great Room, Guest Bath, Guest Room, Laundry in Residence, Media Room
  • Estimated Living Area: 9054
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 7.00
  • Bedrooms: 5+Den
  • Total Bedrooms: 5
  • Dining Room: Breakfast Room, Formal
  • Elevator: Private
  • Equipment: Auto Garage Door, Cooktop - Gas, Dishwasher, Disposal, Double Oven, Dryer, Freezer, Stand-Alone Ice Maker, Microwave, Refrigerator, Wall Oven, Washer, Wine Cooler
  • Flooring: Carpet, Marble, Tile, Wood
  • Floor Plan: 2 Story
  • Interior Amenities: Bar, Built-In Cabinets, Closet Cabinets, Fireplace, French Doors, Internet Available, Pantry, Walk-In Closet, Wet Bar
  • Kitchen: Island, Pantry
  • Primary Bathroom: 2 Masters, Separate Tub And Shower
  • Windows: Arched, Casement

Exterior Features

  • Gulf Access: Yes
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Tile
  • Construction: Concrete Block, Wood Frame
  • Gulf Access Type: No Bridge(s)/Water Direct
  • Boat Access: Boat Lift, Electricity Available at Dock, Wooden Dock
  • Irrigation: Central
  • View: Bay, Mangroves
  • Exterior Features: Built In Grill, Patio
  • Exterior Finish: Stucco
  • Guest House: 1 Bath, 1 Bedroom, Kitchen
  • Guest House Sq Ft: 483
  • Private Pool Type: Below Ground, Concrete
  • Private Spa Type: Below Ground, Concrete
  • Waterfront Type: Bay, Navigable, Rip Rap

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 4
  • Parking: Driveway Paved

Utilities

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

Condo/Co-op/Association

  • Mandatory HOA: No
  • Sub Condo Name: PORT ROYAL
  • Development Name: PORT ROYAL

Association/Amenities

  • Pets: No Approval Needed
  • Development: Port Royal
  • Amenities: Beach Club Available
  • Community Type: Boating

Lot Info

  • Builder Product: No
  • Lot Back: 154
  • Lot Frontage: 150
  • Lot Left: 237
  • Lot Right: 268
  • Section: 22
  • Total Area: 11842
  • Waterfront: Yes
  • Acres: 0.8300
  • Rear Exposure: South
  • Lot Description: Oversize
  • Lot Dimensions: 150 X 237 X 154 X 268
  • Parcel Number: 16810640000

Rental Info

  • Lease Limits: No

Tax Info

  • Tax Description: City And County
  • Taxes: 142377.18
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2022
Closed on
Apr 28, 2025
Sold by
Decem2
Bought by
Gary T Rabine Revocable Trust and Rabine
Seller's Agent
Michael Lawler
Douglas Elliman Florida,LLC
Buyer's Agent
Bill Earls
John R Wood Properties
List Price
$21,950,000
Sold Price
$16,550,000
Premium/Discount to List
-$5,400,000
-24.6%
Views
1429
Current Estimated Value
$12,696,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,853,305
Avg. Annual Appreciation
-57.47%
Original Mortgage
$9,930,000
Outstanding Balance
$9,897,852
Interest Rate
5.6%
Mortgage Type
New Conventional
Estimated Equity
$2,798,843

Purchase Details

Closed on
Dec 10, 2019
Sold by
Decem Llc
Bought by
Decem2 Llc

Purchase Details

Closed on
Nov 28, 2018
Sold by
Cox Edward A and Cox Rosemary T
Bought by
Decem Llc

Purchase Details

Closed on
Mar 26, 1998
Sold by
Opp Clifford C and Copp Elizabeth A
Bought by
Cox Edward A and Cox Rosemary T

Purchase Details

Closed on
Nov 7, 1997
Sold by
Heerje Gabriele N
Bought by
Copp Clifford C and Copp Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,530,000
Interest Rate
7.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 1997
Sold by
Nettek Manfred and Heertje Gabriele N
Bought by
Heertje Gabriele N

Purchase Details

Closed on
Aug 21, 1996
Sold by
Main Stephen C
Bought by
Nettek Manfred and Heertje Gabriele N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,782
Interest Rate
8.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 1996
Sold by
Kapp Howard J and Kapp Ann M
Bought by
Main Kenneth A and Main Nancy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,782
Interest Rate
8.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 28, 1995
Sold by
Colagiuri Patricia K and Colagiuri Mueller N
Bought by
Kapp Howard J and Kapp Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 1994
Sold by
Conkling Frank W and Conkling Margaret K
Bought by
Colagiuri Patricia K and Colagiuri Mueller N
Source: Public Records

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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 $16,550,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed -- Attorney
Warranty Deed $2,050,000 --
Warranty Deed $1,700,000 --
Warranty Deed -- --
Deed $1,395,000 --
Warranty Deed $1,200,000 --
Joint Tenancy Deed $1,195,000 --
Warranty Deed $1,200,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $9,930,000 New Conventional
Previous Owner $1,530,000 Purchase Money Mortgage
Previous Owner $228,782 Purchase Money Mortgage
Previous Owner $500,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2025 05/06/25 Sold $16,550,000 -5.4% $1,828 / Sq Ft
03/31/2025 03/31/25 Pending -- -- --
02/18/2025 02/18/25 Price Changed $17,500,000 -7.7% $1,933 / Sq Ft
01/28/2025 01/28/25 Price Changed $18,950,000 -5.0% $2,093 / Sq Ft
11/19/2024 11/19/24 Price Changed $19,950,000 -9.1% $2,203 / Sq Ft
06/07/2024 06/07/24 For Sale $21,950,000 0.0% $2,424 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
02/23/2024 02/23/24 Price Changed $21,950,000 -12.0% $2,424 / Sq Ft
02/24/2023 02/24/23 Price Changed $24,950,000 -12.5% $2,756 / Sq Ft
10/28/2022 10/28/22 For Sale $28,500,000 -- $3,148 / 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
2024 $162,011 $15,691,187 -- --
2023 $162,011 $14,264,715 $0 $0
2022 $148,310 $12,967,923 $0 $0
2021 $121,233 $11,789,021 $0 $0
2020 $108,797 $10,717,292 $8,079,160 $2,638,132
2019 $135,631 $13,215,290 $10,538,035 $2,677,255
2018 $72,964 $7,160,122 $0 $0
2017 $71,870 $7,012,852 $0 $0
2016 $70,677 $6,868,611 $0 $0
2015 $72,156 $6,820,865 $0 $0
2014 $72,436 $6,716,731 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 222078078

Naples Area Board of REALTORS®

APN: 16810640000