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Naples 34102 Port Royal
3950 Gordon Drive
Photo of 3950 Gordon Drive

12

Map

Photo of 3950 Gordon Drive
Photo of 3950 Gordon Drive
$24,000,000
↓ $1M (4%)
● Land - For Sale

3950 Gordon Drive

Naples, FL 34102
bedrooms
Studio
bathrooms
0 Bath
$128,889
Est. Monthly
$61
HOA / Fees

About This Property

South Gordon Drive has long been considered one of Naples' most desired beachfront locations. An exciting opportunity to build a new beachfront residence which meets the current building codes. Associate Port Royal Club membership eligibility.
Unit Size
-
Days on Market
1075 days
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$10,983
HOA Dues
$61
Year Built
1997

Listed By

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 11 days ago ( #223073951)

Price History

Date / Event Date Event Price
Oct 27, 2026 Price Decreased $24,000,000
↓ $1M (4%)
Price Decreased
Dec 1, 2023 Listed by William Raveis Real Estate $25,000,000
Listed by William Raveis Real Estate
Dec 16, 1999 Sold
Premium
Sold
Aug 4, 1995 Sold
Premium
Sold

Property Highlights

Exterior Details
Waterfront Features: Beach Front, Gulf
Lot Features: Other
Lot Size Units: Acres
Lot Size Dimensions: 100 x 267 x 100 x 264
Tax Lot: See Remarks
Water Source: Public
Financial Details
Tax Annual Amount: $131,802
Utilities Details
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None
HOA/Condo/Coop Amenities: None
Condo/Coop Fee: $735
Condo/Coop Fee Frequency: Annually

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 0
  • Pool Type: 8
  • Location Influence Type: 164

    Dimensions

  • Lot Size Square Feet: 26,136
  • Lot Size Depth Feet: 1,790
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,690
  • Gross Building Area: 3,690
  • Building Area: 3,690
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,690
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BEACH ESTATES
  • Land Acres: 0000000600
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • State Land Use Code: 01
  • Legal Description 1: BEACH EST LOTS 5 & 6 & THAT PORTION OF W SIDE OF GORDON DR R/W ADJ TO LOTS 5 & 6 VACATED BY OR 2241 PG 2373 RES# 96- 7795

Neighborhood

  • School District Name: Collier County School District
  • Census Tract: 000500

Zoning

  • Zoning: NAPLES

Geography

  • Assessors Map Reference: 5A21
  • Subdivision Tract Number: 013000
  • Parcel: 02880080002
  • Lot: 5
  • Meridian: SEC 21 TWN 50 RNG 25
  • Municipality: CITY OF NAPLES
  • Latitude: 26.1015
  • Longitude: -81.8021

    Address

  • Full Address: 3950 Gordon Dr
  • Address - House Number: 3950
  • Address - Street Name: Gordon
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Naples
  • Carrier Code: C071
  • 4-Digit Zip Code: 7962
  • Zip Code: 34102

Valuation

    Tax

  • Total Area: 6,781
  • Tax Year: 2022
  • Tax Amount: $8,555,219
  • Tax Rate Code Area: 4

    Market Valuation

  • Market Total Value: $16,198,237
  • Market Land Value: $13,363,455
  • Market Improvement Value: $2,834,782

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $8,762,837

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 15, 1999
  • Current Sale Recording Date: Dec 16, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Aug 04, 1995
  • Previous Sale Contract Date: Jul 31, 1995
  • Previous Sale Amount: $762,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

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

About Naples

Stats & Trends

Median Asking:

$1,995,000

Sale Price/ft²

$1,000

Below Asking

0.03%

Average Days on Market

108

Average Home Size

2706 ft²

Average Home Age

32.6 years

Currently For Sale

728 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1747 Sandpiper Street, Naples, FL, 34102

$10,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,800 ft²
1747 Sandpiper Street #B, Naples, FL, 34102 Listing by Daryl Fiene
Unit for rent at 91 Georgetown Boulevard, Naples, FL, 34112

$6,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,450 ft²
91 Georgetown Boulevard #91, Naples, FL, 34112 Listing by Daryl Fiene
Unit for rent at 97 Georgetown Boulevard, Naples, FL, 34112

$7,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,550 ft²
97 Georgetown Boulevard #97, Naples, FL, 34112 Listing by Jason Minder

Rentals Near You

Click here to view more rentals in the neighborhood.

Frequently Asked Questions

When was property at 3950 Gordon Drive built and last sold?
The property at 3950 Gordon Drive was built in 1997 and last sold on Dec 15, 1999 for $6,900,000.
How much is this home worth?
The estimated value of the home located at 3950 Gordon Drive is $24,240,000.
What are some comparable homes to 3950 Gordon Drive?
There are currently no comparable homes to 3950 Gordon Drive.
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