tomo logo

$14,450,000

Beds
5
Baths
5.5
sq ft
6,219

540 4th Ave N, Naples, FL 34102

540 4th Ave N

Naples, FL 34102

  • 153 days on market
Located in Old Naples on a Southern exposure oversized 100x150 lot just blocks to the Gulf of Mexico beaches and entertainment district of 5th Avenue South, this new home has 5 bedrooms and 6 baths with 6,219 sq. ft. under air and 8,841 sq. ft under roof. The open floor plan opens to two separate outdoor living spaces with electric screens and shutters, a large resort style pool with spa, fireplace, summer kitchen, fire pit and 4 car garage. The interior includes a gracious kitchen with double islands, custom cabinetry, a butlers kitchen, elevator, large bonus room on second floor opening to a sundeck overlooking the pool. This home has concrete construction throughout, Elan G home automation, Lutron lighting system and a whole house generator.

Details

Property type

Single Family Residence

Est. home value

$14,923,806

Property condition

New Construction

Lot size

0.34 acres

Price per sq ft

$2,324

Year built

2023

Annual property taxes

$35,302.68

HOA

No

Price History

06/14/2024
NABOR

NABOR #223044499

Removed
$14,450,000
06/14/2024

FGCMLS #224051559

Listed
$14,450,000
04/18/2024
NABOR

NABOR #223044499

Price change
$14,450,000
-3.34%

Schools & Community

Neighborhood: 

Old Naples

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

Bruce Farrell

Loan start date

February 2021

Original loan amount

$2,229,000

Est. remaining balance

Not provided

Interest rate

2.66%

Loan type

Commercial

Seller

Salem Homes 540 4Th Ave N 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: 11/14/2024 at 5:25 PM

Listing updated: 10/27/2024 at 4:05 PM

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

MLS: FGCMLS #224051559

FGCMLS logo