tomo logo

$13,700,000

Beds
6
Baths
7.0
sq ft
8,363

198 Caribbean Rd, Naples, FL 34108

198 Caribbean Rd

NAPLES, FL 34108

  • 14 days on market
198 Caribbean Road, a truly magnificent estate home built with no expense spared by Borelli Construction, a premier luxury builder with over 4 decades of experience and excellence in Naples. Designed and furnished top to bottom by Carrie Brigham Design. This modern tudor is perfect for entertaining with its grand foyer overlooking reflection pools and long views to the separate pool house, extensive indoor and outdoor speaker system, temperature-controlled glass wine room, dining room with an expansive table, oversized marble and oak wet bar with beverage and wine fridges, and chef’s kitchen, not to mention the large game room with two bars, custom pool table, lounge seating and game table plus half bath. The kitchen’s top of the line appliances include a 36” SubZero refrigerator, 36” SubZero freezer, and 60” Wolf gas range. The main suite enjoys views of the reflection pools, has a convenient morning bar, and two separate generously sized closets. From the great room, pocketing sliders lead to the covered lanai with electric screens and storm shutters. The study has herringbone flooring with built in cabinets and white oak beams flanked by three large windows. The open outdoor kitchen provides service to guests inside the lanai as well as those on the massive pool deck flooded with southern sun with wrap around bar seating and a fireplace. A separate guest house includes a kitchenette, living/dining area plus a private bedroom suite. Unique details including the twelve foot tall euro wall sliding doors, beveled stone in kitchen island, wet bar stone shelving with integrated lighting, extensive use of white oak plank ceilings, custom made light fixtures, and over the top primary wet room exhibit the highest level of craftsmanship. Other features include a whole-house generator and reverse osmosis, extensive camera system, Lutron lighting and Control4 automation system, new septic & well, two 1,000 gallon gas tanks, low VOC paint used throughout, & five and a half car air conditioned garage. This home is conveniently located in the Pine Ridge neighborhood which is centrally located within Naples and provides easy access to shopping and dining.

Details

Property type

Single Family Residence

Property condition

New Construction

Lot size

1.0 acres

Price per sq ft

$1,639

Year built

2024

Annual property taxes

$14,962.51

Price History

06/19/2024
NABOR

NABOR #224051122

Listed
$13,700,000
+672.92%
10/08/2021
NABOR

NABOR #221064708

Sold
$1,772,500
+41.8%
03/22/2021
NABOR

NABOR #220062947

Sold
$1,250,000
-1.96%

Schools & Community

Neighborhood: 

Pine Ridge

Elementary school: 

SEA GATE ELEMENTARY

Middle school: 

PINE RIDGE MIDDLE SCHOOL

High school: 

BARRON COLLIER 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

Lake Michigan Cu

Loan start date

October 2021

Original loan amount

$1,240,750

Est. remaining balance

Not provided

Interest rate

2.86%

Loan type

Commercial

Seller

198Caribbean 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: 07/03/2024 at 10:25 AM

Listing updated: 06/21/2024 at 1:54 PM

Listed by: Kendall Borelli, West Shore Properties RE,MNGT Phone #: (239) 263-7900

MLS: NABOR #224051122

NABOR logo

Recently listed in NAPLES