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$23,500,000

Beds
6
Baths
7.5
sq ft
7,504

225 4th Ave N, Naples, FL 34102

225 4th Ave N

NAPLES, FL 34102

  • 597 days on market
Idyllic, private–and certainly no shortage of luxurious. This uniquely rare double-lot offering provides a true "estate like" setting, is nestled a mere four doors from the beach, and was designed by Kukk Architecture & Design while having been perfectly executed by The Williams Group. In its entirety, the estate hosts 6 bedrooms, 7 full and 1 half bathroom, a loft with wet bar, and two outdoor living areas. The gourmet kitchen offers numerous top-tier features including two-tone Ruffino custom cabinetry, quartz counters, a sprawling pantry, and Sub-Zero / Wolf appliances. The exterior living environs leave nothing to be desired and include a gas fire pit, sprawling wood deck, pool with sun shelf, bocce ball court, outdoor kitchen, and multiple uncovered/covered congregating spaces. Located off of the western portion of the parcel, a detached guest house offers 1 ensuite bedroom and fitness room. Additional features include Savant Smart Home Technology System, lift and slide doors, three sets of washer/dryers, 2 outdoor summer kitchens, 2 two-car climate-controlled garages off of the alley, wine room, full-house generator, and so much more.

Details

Property type

Single Family Residence

Est. home value

$20,131,058

Lot size

Unknown

Price per sq ft

$3,132

Year built

2020

Annual property taxes

$125,442.38

Price History

03/27/2024
NABOR

NABOR #222087749

Price change
$23,500,000
-9.6%
02/02/2023
NABOR

NABOR #222087749

Listed
$25,995,000
+52.96%
07/08/2021
NABOR

NABOR #221033852

Sold
$16,995,000

Schools & Community

Neighborhood: 

Old Naples

Elementary school: 

LAKE PARK ELEMENTARY

Middle school: 

GULFVIEW MIDDLE SCHOOL

High school: 

NAPLES HIGH SCHOOL

Community features: 

Gated

Number of units in community: 

1

Negotiation Insights

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

Seller could get up to

$13,455,227
Asking price
$23,500,000
Closing costs (~8% of asking)
-$1,880,000
Est. remaining loan balance
-$8,164,773
Cash to seller
$13,455,227

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

July 2021

Original loan amount

$10,000,000

Est. remaining balance

$8,164,773

Interest rate

2.29%

Loan type

New Conventional, 15 year

Seller

Robert A Watson and Robert A Watson Revocable Trust

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: 09/21/2024 at 9:35 PM

Listing updated: 05/22/2024 at 12:59 PM

Listed by: Bill H Earls, PA, Phone #: (239) 261-6622

MLS: NABOR #222087749

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