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Collier 34120 Corkscrew
616 Sanctuary Road
$338,000
● House - Off Market

616 Sanctuary Road

Naples, FL 34120
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,831 Ft²
$1,859
Est. Monthly
9.33%
Cap Rate

About This Property

Incredible opportunity to finally create your own home with custom upgrades on a whopping 4.75 ACRE lot in Naples! This 3 bedroom, 1.5 bathroom, 2-story, POOL Home is waiting for a new buyer to revitalize, restore and modernize this private property. It will need lots of TLC- sold AS-IS, CASH ONLY. Roof was replaced in 2013, HVAC replaced in 2009, new well drilled and system installed in 2007. Pool is in good condition. Inside, the main floor includes the living area, kitchen, half-bathroom and a large den+ a HUGE screened-in lanai out back. Upstairs has all 3 bedrooms and a full bathroom. Property is occupied- do not disturb.
Unit Size
1,831 Ft²
Days on Market
64 days
Land Size
4.75 acres
Price per sqft
$191
Property Type
House
Property Taxes
$140
HOA Dues
-
Year Built
1975

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 2 years ago ( #225044397)

Price History

Date / Event Date Event Price
Jul 8, 2025 Sold
Premium
Sold
Jun 24, 2025 In contract -
In contract
Jun 6, 2025 Price Decreased $349,990
↓ $50K (12.5%)
Price Decreased
May 5, 2025 Listed by LoKation $399,990
Listed by LoKation
Dec 17, 2021 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 1,200
  • Parking Space Count: 5
  • Patio Type: 71
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 206,910
  • Total Building Area: 2,275
  • Gross Building Area: 2,275
  • Building Area: 2,275
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,075
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ACREAGE HEADER
  • Land Acres: 0000004750
  • Standard Land Use Code: 1001
  • County Land Use Code: 67
  • Legal Description 1: 22 47 27 W1/2 OF SW1/4 OF SE1/4 OF NE1/4, LESS R/W

Neighborhood

  • School District Name: Collier County School District
  • Census Tract: 011211

Zoning

  • Zoning: A

Geography

  • Assessors Map Reference: 2C22
  • Parcel: 00094920002
  • Block: 47
  • Meridian: SEC 22 TWN 47 RNG 27
  • Municipality: COUNTY COLLIER
  • Latitude: 26.374
  • Longitude: -81.5991

    Address

  • Full Address: 616 Sanctuary Rd
  • Address - House Number: 616
  • Address - Street Name: Sanctuary
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Naples
  • Carrier Code: R044
  • 4-Digit Zip Code: 4837
  • Zip Code: 34120

Valuation

    Tax

  • Total Area: 1,604
  • Tax Year: 2022
  • Tax Amount: $166,021
  • Tax Rate Code Area: 34

    Appraisal Valuation

  • Standard Deviation: 0.4368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 282,474
  • High Value: 405,865
  • Low Value: 159,082

    Market Valuation

  • Market Total Value: $198,532
  • Market Land Value: $76,000
  • Market Improvement Value: $122,532

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $151,181

    Sales

  • Current Sale Contract Date: Dec 15, 2021
  • Current Sale Recording Date: Dec 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6177206
  • Previous Sale Recording Date: Nov 08, 2005
  • Previous Sale Contract Date: Nov 01, 2005
  • Previous Sale Amount: $97,255
  • 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 Corkscrew

Stats & Trends

Median Asking:

$475,000

Sale Price/ft²

$251

Below Asking

0.03%

Average Days on Market

105

Average Home Size

2167 ft²

Average Home Age

7.4 years

Currently For Sale

351 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

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Frequently Asked Questions

When was property at 616 Sanctuary Road built and last sold?
The property at 616 Sanctuary Road was built in 1975 and last sold on Dec 15, 2021 for $100,000.
How much is this home worth?
The estimated value of the home located at 616 Sanctuary Road is $0.
What are some comparable homes to 616 Sanctuary Road?
There are currently no comparable homes to 616 Sanctuary Road.
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