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$4,375,000

Beds
4
Baths
3.5
sq ft
2,124

2140 Shad Ct, Naples, FL 34102

2140 Shad Ct

Naples, FL 34102

  • 96 days on market
    • Price drop $224,000↓
MOTIVATED SELLER! 3 DOCKS FOR MULTIPLE BOAT ACCOMMODATIONS PLUS $100,000 PLANS FOR NEW CONSTRUCTION HOME INCLUDED! 3 BOAT DOCKS, 200’ of SEAWALL, ON HUGE TIP LOT, .37 Acre (16,155 sf Lot size) $100,000 NEW HOME PLANS, VIEWS of wide open INTERSECTING DOUBLE CANALS, NO BRIDGES! Enjoy this charming, REMODELED RENTABLE COTTAGE W HIGH ELEVATION offering 4 Bedrooms, or use the FALCON ARCHITECTURAL DESIGN INCLUDED for a SPECTACULAR NEW BUILD!! Just 7 houses out to Naples Bay, on one of Royal Harbor's deep wide water canals. The DOCK supports 50 amp service and can accommodate a 60' BOAT plus 2 separate lifts. One lift can support a 20,000 lb. boat and another accommodates multiple jet skis!! This property is a boaters paradise! The lot, sitting on a quiet cul-de-sac, offers quick access to Naples Bay and the Gulf of Mexico. This huge coveted Tip Lot is over 16,000 sf and enables a home to be built on a RARE ONE LEVEL including a 50’ lap pool, spa and firepit sitting on the waterway! The architectural plans offer an option of adding a second level over 5000 sf. If you prefer to enjoy the comfortable, remodeled cottage, it features four bedrooms, three and one-half baths, and wood floors in an open layout. The modern white kitchen in the great room overlooks the pool and is surrounded by dining and seating areas. Watch the game in the separate family room with lots of friends and family splashing around in the saltwater pool, playing games and throwing balls in the huge backyard, while prepping the boat and jet skis for a day out on the Gulf! So, plan for new construction of an estate sized home or live in a wonderfully remodeled residence. EITHER WAY… you have LOCATION, LOCATION, LOCATION just moments from the world class 5th Avenue South, the spectacular NAPLES BAY RESORT CLUB AMENITIES, Naples Beaches, 3rd Street S, Tin City, Bayfront Place, and the iconic Naples Pier. Be sure to check out this opportunity with huge lot, deep canal, 200' OF WATER FRONTAGE and a charming COTTAGE. Or BUILD a NEW ALREADY DESIGNED WATERFRONT HOME! Both can make your dreams come true in Naples, Florida! Link to new home. File:///C:/Users/info/Downloads/2140SHAD-PRELIMINARY%20(1).pdf MOTIVATED SELLER!

Details

Property type

Single Family Residence

Est. home value

$4,099,199

Lot size

0.37 acres

Price per sq ft

$2,060

Year built

1975

Annual property taxes

$33,176.35

HOA

No

Price History

01/21/2025

FGCMLS #224078909

Price change
$4,375,000
-4.87%
12/24/2024

FGCMLS #224078909

Price change
$4,599,000
-5.95%
11/17/2024

FGCMLS #224078909

Price change
$4,890,000
-11.01%

Schools & Community

Neighborhood: 

Royal Harbor

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

Vast Bank Na

Loan start date

August 2022

Original loan amount

$2,000,000

Est. remaining balance

Not provided

Interest rate

4.25%

Loan type

New Conventional, 30 year

Seller

Mark A Reed and Jane E Reed

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: 01/22/2025 at 1:15 PM

Listing updated: 01/20/2025 at 7:20 PM

Listed by: Mary Catherine White, Downing Frye Realty Inc. Phone #: (239) 261-2244

MLS: FGCMLS #224078909

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