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$11,750,000

Beds
5
Baths
6.0
sq ft
5,204

470 Banyan Blvd, Naples, FL 34102

470 Banyan Blvd

Naples, FL 34102

  • 389 days on market
    • Price drop $745,000↓
Centrally located in Coquina Sands on a large southern exposure lot 2 blocks to the beach, just finished and ready to show. Penned by Stofft Cooney Architecture and built by Equinox Construction Group. This striking home with five bedrooms, each having their own ensuite baths, offers plenty of space and privacy for residents and guests. The inviting entry welcomes you with a vine covered pergola and water feature. This home boasts a Club Room, a chef’s dream kitchen with custom cabinetry by Ruffino, large island, Subzero and Wolf appliances, large walk-in pantry, a glass wine room, Lutron lighting and home automation. Beautiful French doors overlook the pool and fill the home with natural light. The spacious covered outdoor living area is perfectly equipped for entertaining with outdoor fireplace and summer kitchen. The exterior features include shell stone decking, automated roll down screens and shutters, full home generator, and beautiful tropical landscaping. This home boasts unrivaled finishes with 4 car garage and large driveway.

Details

Property type

Single Family Residence

Est. home value

$12,556,299

Property condition

New Construction

Lot size

0.51 acres

Price per sq ft

$2,258

Year built

2023

Annual property taxes

$22,174.84

HOA

No

Price History

10/23/2023

FGCMLS #223067684

Listed
$11,750,000

Schools & Community

Neighborhood: 

Coquina Sands

Elementary school: 

LAKE PARK ELEMENTARY SCHOOL

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

Midflorida Cu

Loan start date

August 2022

Original loan amount

$3,152,142

Est. remaining balance

Not provided

Interest rate

5.7%

Loan type

Building or Construction Loan

Seller

Terrier Developments Inc

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: 11/15/2024 at 12:55 AM

Listing updated: 11/10/2024 at 4:05 PM

Listed by: Glenn Thornhill, Waterfront Realty Group Inc Phone #: (239) 263-1000

MLS: FGCMLS #223067684

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