tomo logo

$5,250,000

Beds
5
Baths
4.5
sq ft
4,322

1227 11th St N, Naples, FL 34102

1227 11th St N

Naples, FL 34102

  • 36 days on market
    • Open house Dec 22
Welcome to this magnificent new construction masterpiece in the highly sought after neighborhood of Lake Park. Expertly constructed by Blue Horizon Construction and sophisticatedly designed by R & CO. Designs. This OVERSIZED, Southern Exposure property allows this custom floorplan to blend a large custom open kitchen & outdoor living area, making it an idyllic spot for entertaining or simply relaxing in all day sunlight. This 5 bedroom + den home is appointed with high end finishes including European white oak wide plank wood flooring, quartzite countertops & custom ceiling designs. Experience state-of-the-art living with top-of-the-line Subzero & Wolf appliances that set a benchmark for gourmet standards. With no details overlooked, and exuding comfortable luxury, this home features a flat tile roof, pool and spa, PGT hurricane windows and doors, an ABOVE FLOOD PLAIN THREE car garage with upgraded custom doors and a custom paver driveway, custom wet bar with Sub-zero ice maker and drawers, custom furniture piece cabinetry throughout, a hidden pantry door, Lutron Caseta lighting control, wired security & surround sound and a built-in outdoor kitchen. The home seamlessly blends functionality with exquisite style, offering 2 well-appointed bedrooms and an office on the ground floor, while the upper-level hosts 3 additional bedrooms paired with a versatile loft - a perfect retreat for family or guests. Ideally located just minutes to downtown Naples Fifth Avenue South, 3rd Street South, Lake Park Diner, Venetian Village, Waterside shops, Four Seasons, and Naples world class shopping, entertainment, and white sand beaches. Less than a 10 minute walk to both Fleischmann Park and Lake Park Elementary!

Details

Property type

Single Family Residence

Est. home value

$1,189,343

Property condition

New Construction

Lot size

0.25 acres

Price per sq ft

$1,215

Year built

2024

Annual property taxes

$10,319.04

HOA

No

Price History

11/16/2024

FGCMLS #224091828

Listed
$5,250,000
10/15/2024

FGCMLS #224052622

Removed
$5,250,000
06/21/2024

FGCMLS #224052622

Listed
$5,250,000
+400%

Schools & Community

Neighborhood: 

Lake Park

Elementary school: 

LAKE PARK ELEMENTARY

Middle school: 

GULFVIEW MIDDLE SCHOOL

High school: 

NAPLES HIGH SCHOOL

Number of units in community: 

1

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Tradition Capital Bank

Loan start date

March 2023

Original loan amount

$2,550,000

Est. remaining balance

Not provided

Interest rate

6.33%

Loan type

Building or Construction Loan, 2 year

Seller

1227 11Th Street North Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 11:50 AM

Listing updated: 12/21/2024 at 3:05 PM

Listed by: Andrew Ventura, LLC, William Raveis Real Estate Phone #: (239) 231-3380

MLS: FGCMLS #224091828

FGCMLS logo

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