NOT LISTED FOR SALE

Estimated Value: $7,840,000 - $15,907,837

0.8 Acre
$13,287,432 Price per Acre
34,848 Sq Ft Lot

Last Sold February 24, 2022

Last sale price $17,750,000 $1,341 Per Sq Ft

Est. 40% decrease in value since last sale

Current estimated payment $70,950/month

205 Days on Market

Highlights

  • Boating
  • Home fronts navigable water
  • Bay View
  • Lake Park Elementary School Rated A
  • Water access To Gulf or Ocean
  • Private Membership Available

About This Lot

As of February 2022

A rare opportunity to build your custom dream home with London Bay Homes on one of the most spectacular properties in Port Royal. The expansive cleared building site offers southwest exposure and is ideally situated to take advantage of long sweeping views over Galleon and Buccaneers' Cove. Port Royal Club membership eligibility.

Last Agent to Sell the Property

Toby Cloutier

London Bay Realty Inc. License #NAPLES-249522475 Listed on: 07/07/2021

Last Buyer's Agent

Simon Dixon

John R Wood Properties License #NAPLES-249511148

John R Wood Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $297,604

Lot Details

  • 0.8 Acre Lot
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Southwest Facing Home
  • Irrigation

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • Deeded Parking

Additional Features

  • Bay Views
  • Cable TV Available

Community Details

Overview

  • Private Membership Available
  • Port Royal Condos

Amenities

  • Door to Door Trash Pickup

Recreation

  • Boating
  • Water access To Gulf or Ocean
  • No Fixed Bridges

Property Details

Property Type

Land

Est. Annual Taxes

$297,604

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Legal Description: GALLEON DR SECT PORT ROYAL A PORTION OF LOTS 75, 76 & 77 AKA LOT 2 AS DESC IN OR 5962 PG 329
  • Property Type: Lot & Land
  • Table: Lot & Land
  • Street View Param: 1$26.1063$-81.789404$225.63$13.33$1.00$alIUQyoLgIiLZb4Yk9AHiw
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Canal Width: Canal Width 200+
  • Gulf Access Type: No Bridge(s)/Water Direct
  • Gulf Access Yn: Yes
  • Waterfront Description: Bay, Navigable
  • Irrigation: Central
  • Road: City Maintained, Public Road
  • View: Bay

Utilities

  • Utilities Available: Cable, Electric, Irrigation Water, Sewer, Trash Removal, Water
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Restrictions: Deeded
  • Sub Condo Name: PORT ROYAL
  • HOA Fees: 395.00
  • HOA Fee Frequency: Annually

Association/Amenities

  • Development: Port Royal
  • Amenities: Private Membership
  • Community Type: Boating, Non-Gated

Lot Info

  • Lot Back: 144
  • Lot Frontage: 123
  • Lot Left: 272
  • Lot Right: 258
  • Price Per Acre: 22187500.00
  • Section: 22
  • Acres: 0.8000
  • Waterfront: Yes
  • Land Use Code: 01-Single Family
  • Lot Type: Residential Lot
  • Rear Exposure: Sw
  • Usage: Single Family

Tax Info

  • Taxes: 297603.87
  • Tax Year: 2020
  • Tax Description: City And County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2021
Sold by
Grt Developments Llc
Bought by
Crawford Ellen and Crawford Randall
Current Estimated Value
$10,629,946

Purchase Details

Closed on
Apr 5, 2021
Sold by
Bellestri Randal D and Bellestri Kimberly A
Bought by
Grt Developments Llc

Purchase Details

Listed on
May 4, 2015
Closed on
Aug 9, 2019
Sold by
Mccready James P and Mccready Gail J
Bought by
Bellestri Randal D
Seller's Agent
Richard Prebish Ii
William Raveis Real Estate
Buyer's Agent
Richard Prebish Ii
William Raveis Real Estate
List Price
$49,000,000
Sold Price
$28,000,000
Premium/Discount to List
-$21,000,000
-42.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-14.18%

Purchase Details

Closed on
Feb 28, 2017
Sold by
Mccready James P and Mccready Gail J
Bought by
Ditsch Ernest Peter

Purchase Details

Closed on
Jun 15, 1999
Sold by
Hamilton Elaine
Bought by
Mccready James P and Mccready Gail J
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
Crawford Ellen $15,800,000 Attorney
Grt Developments Llc -- Attorney
Grt Developments Llc $36,500,000 Attorney
Bellestri Randal D $28,000,000 Attorney
Ditsch Ernest Peter -- Attorney
Ditsch Ernst Peter $995,000 Attorney
Mccready James P $8,600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccready James P $4,000,000
Previous Owner Mccready James P $4,000,000
Previous Owner Mccready James P $2,800,000
Previous Owner Mccready James P $1,000,000
Previous Owner Mccready James P $10,500
Previous Owner Mccready James P $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2022 02/24/22 Sold $17,750,000 0.0% $1,341 / Sq Ft
01/28/2022 01/28/22 Pending -- -- --
01/09/2022 01/09/22 Price Changed $17,750,000 +6.0% $1,341 / Sq Ft
10/07/2021 10/07/21 Price Changed $16,750,000 +4.7% $1,265 / Sq Ft
07/07/2021 07/07/21 For Sale $16,000,000 -42.9% $1,209 / Sq Ft
08/09/2019 08/09/19 Sold $28,000,000 -6.4% $2,191 / Sq Ft
06/28/2019 06/28/19 Pending -- -- --
06/27/2019 06/27/19 Price Changed $29,900,000 -25.1% $2,339 / Sq Ft
06/26/2017 06/26/17 Price Changed $39,900,000 -18.6% $3,122 / Sq Ft
05/04/2015 05/04/15 For Sale $49,000,000 -- $3,834 / 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 $144,479 $14,481,585 $0 $0
2022 $129,101 $13,165,077 $13,149,150 $15,927
2021 $163,094 $15,893,958 $8,205,070 $7,688,888
2020 $297,604 $29,316,247 $24,045,120 $5,271,127
2019 $193,117 $18,854,096 $0 $0
2018 $189,160 $18,502,548 $0 $0
2017 $186,333 $18,121,986 $0 $0
2016 $236,645 $22,910,222 $0 $0
2015 $241,598 $22,750,965 $0 $0
2014 $242,540 $22,520,402 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 221048310

Naples Area Board of REALTORS®

APN: 17012440007