See Home Value
$805,000
● House - Off Market

1131 Milano Drive

Naples, FL 34103
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,848 Ft²
$4,472
Est. Monthly
5.09%
Cap Rate

About This Property

Ideally located and beautifully updated, this 3-bedroom, 2-bath residence offers over 1,800 square feet of impeccably maintained living space-all outside the flood zone and free from HOA fees or rental restrictions. Just a short walk to Waterside Shops and Seagate Elementary, and less than 1.5 miles to Seagate Beach, the home also sits within minutes of Venetian Village, Mercato, and Downtown-placing you in one of Naples' most desirable and convenient neighborhoods. With its rare combination of location, privacy, and investment potential, this property is equally appealing as a full-time residence, seasonal retreat, or income-producing rental. An artfully landscaped front yard leads through the courtyard into a spacious, open floor plan with two living rooms and three dining areas. The primary suite features its own private entrance through a screened side porch-complete with handcrafted pavers-and includes recessed lighting (2021), a walk-in closet, a sliding barn door by Smith & DeShields, and a fully updated bath with custom cabinetry by Distinctive Kitchen Studio. The second ensuite bedroom boasts twin closets framing the entrance to a remodeled bath finished in porcelain mosaic tiles and designer accents. The freshly painted third bedroom benefits from an additional AC wall unit, blackout window shades, ample storage, and direct access to the backyard. Double French doors connect the interior to this lush retreat, creating the quintessential Naples indoor-outdoor lifestyle. Extensive updates enhance both comfort and peace of mind: front and back doors by J&J Glass, impact-resistant windows throughout, plantation shutters, luxury vinyl plank bedroom flooring, modern fans and light fixtures, and custom closets by All About Closets. Practical upgrades include PVC attic water lines, a new water heater (2024), new washer/dryer (2025), and a fully renovated two-car garage with epoxy flooring, A/C wall unit, sleek custom storage cabinets, and a dedicated exercise area. Your Naples paradise awaits!
Unit Size
1,848 Ft²
Days on Market
161 days
Land Size
0.19 acres
Price per sqft
$459
Property Type
House
Property Taxes
$303
HOA Dues
-
Year Built
1974

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Cap Rate Calculator

Last updated: 8 months ago ( #225068558)

Price History

Date / Event Date Event Price
Feb 5, 2026 Sold
Sold
Nov 27, 2025 In contract -
In contract
Nov 14, 2025 Price Decreased $849,000
↓ $50K (5.6%)
Price Decreased
Aug 28, 2025 Listed by Coldwell Banker Realty $899,000
Listed by Coldwell Banker Realty
Apr 8, 2019 Sold
Sold
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Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,848
  • Gross Building Area: 1,848
  • Building Area: 1,848
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,848
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SORRENTO GARDENS UNIT 1
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • State Land Use Code: 01
  • Legal Description 1: SORRENTO GARDENS UNIT 1 BLK A LOT 5

Neighborhood

  • School District Name: Collier County School District
  • School Tax School District: DISTRICT 1
  • Census Tract: 010300

Zoning

  • Zoning: RSF-4

Geography

  • Assessors Map Reference: 4A15
  • Subdivision Tract Number: 633100
  • Parcel: 73830200007
  • Block: A
  • Lot: 5
  • Meridian: SEC 15 TWN 49 RNG 25
  • Municipality: COUNTY COLLIER
  • Latitude: 26.2102
  • Longitude: -81.7967

    Address

  • Full Address: 1131 Milano Dr
  • Legal Unit: 1
  • Address - House Number: 1131
  • Address - Street Name: Milano
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Naples
  • Carrier Code: C099
  • 4-Digit Zip Code: 8947
  • Zip Code: 34103

Valuation

    Tax

  • Total Area: 2,024
  • Tax Year: 2022
  • Tax Amount: $368,196
  • Tax Rate Code Area: 6

    Appraisal Valuation

  • Standard Deviation: 0.241
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 66
  • Final Value: 919,252
  • High Value: 1,140,838
  • Low Value: 697,666

    Market Valuation

  • Market Total Value: $583,414
  • Market Land Value: $314,685
  • Market Improvement Value: $268,729

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $369,181

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 03, 2019
  • Current Sale Recording Date: Apr 08, 2019
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5694773
  • Previous Sale Recording Date: Jan 09, 2013
  • Previous Sale Contract Date: Dec 20, 2012
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: 55
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Central Naples


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Frequently Asked Questions

When was property at 1131 Milano Drive built and last sold?
The property at 1131 Milano Drive was built in 1974 and last sold on Apr 3, 2019 for $420,000.
How much is this home worth?
The estimated value of the home located at 1131 Milano Drive is $0.
What are some comparable homes to 1131 Milano Drive?
There are currently no comparable homes to 1131 Milano Drive.