See Home Value
Naples 34102 Port Royal
885 ADMIRALTY PARADE
$22,551,868*
House - Off Market

885 ADMIRALTY PARADE

NAPLES, FL 34102
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
5886 Sqft
$19,710,000 - $24,090,000
Reference Base Price*
2.98%
Since Apr 1, 2022
National-US
Primary Model
Sold Apr 11, 2022
$23,250,000
$13,980,000 by Bokf, National Association
Mortgage Due May 04, 2053
Sold Jan 22, 2015
$7,400,000
$4,400,000 by Fifth Third Mortgage Co
Mortgage Due Feb 01, 2045

About This Property

Outstanding opportunity to purchase a one of a kind custom home on nearly 1 acre in prestigious Port Royal! This exquisite estate has 135 feet of water frontage and accommodates a 95 foot dock. The 5 bedroom 4 1/2 bathroom residence is thoughtfully designed and well laid out providing effortless flow from the interior living area to the expansive outdoor living space complete with outdoor kitchen, living area, and fire pit. The chefs kitchen features top-of-the-line appliances oversized island and gas cooktop. Residence has Port Royal club eligibility and it's just a short distance to 3rd Street South's and 5th Avenue South's fine dining, world class shopping, entertainment, and Naples' world famous white sand beaches.

The manager has listed the unit size as 5886 square feet.
Unit Size
5,886Ft²
Days on Market
-
Land Size
0.93 acres
Price per sqft
$3,721
Property Type
House
Property Taxes
$5,576
HOA Dues
-
Year Built
2011

Price History

Date / Event Date Event Price
Apr 11, 2022 Sold $23,250,000
Sold
Mar 22, 2022 No longer available -
No longer available
Feb 11, 2022 Listed $21,900,000
Listed
Jan 22, 2015 Sold to William E Burke Jr $7,400,000
Sold to William E Burke Jr

Property Highlights

Fireplace
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: A
  • Construction Type: Masonry
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 33,106
  • Lot Size Depth Feet: 2,460
  • Lot Size Frontage Feet: 1,350
  • Total Building Area: 4,404
  • Gross Building Area: 4,404
  • Building Area: 4,404
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,404
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PORT ROYAL/ADMIRALTY PARADE
  • Land Acres: 0.76
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADMIRALTY PARADE SECT PORT ROYAL LOT 4 + W1/2 OF LOT 5

Ownership

  • Current Owner : M JEANNE BRANDMEYER TRUST
  • Previous Owner : WILLIAM E BURKE JR REVOCABLE TRUST
  • Owner Before Previous Owner: GALAMBA JEANNE S
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: NAPLES

Geography

  • Assessors Map Reference: 5A22
  • Subdivision Tract Number: 118000
  • Parcel: 16810160001
  • Lot: 4
  • Meridian: SEC 22 TWN 50 RNG 25
  • Municipality: CITY OF NAPLES
  • Latitude: 26.1003
  • Longitude: -81.7917

    Address

  • Full Address: 885 Admiralty Parade E
  • Address - House Number: 885
  • Street Segment Direction: E
  • Address - Street Name: Admiralty Parade
  • State: FL
  • City Name: Naples
  • Carrier Code: C071
  • 4-Digit Zip Code: 7874
  • Zip Code: 34102

Valuation

    Tax

  • Total Area: 6,268
  • Tax Year: 2022
  • Tax Amount: $65,873
  • Tax Rate Code Area: 4

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $13,980,000
  • First Open Lien Mortgage Lender: BOKF, NATIONAL ASSOCIATION
  • First Open Lien Mortgage Recording Date: May 04, 2023
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $13,980,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 04, 2053

    Market Valuation

  • Market Total Value: $15,112,893
  • Market Land Value: $11,654,042
  • Market Improvement Value: $3,458,851

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $6,756,031

    Sales

  • Current Sale Contract Date: Apr 11, 2022
  • Current Sale Recording Date: Apr 11, 2022
  • Current Sale Transaction ID: 11884613385
  • Current Sale Price: $23,250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6234479
  • Previous Sale Recording Date: Jan 22, 2015
  • Previous Sale Contract Date: Jan 22, 2015
  • Previous Sale Amount: $7,400,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • Previous Mortgage Transaction Date: Jan 22, 2015
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $4,400,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Feb 01, 2045



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
6.5 Baths
9,054 ft²
$2,424/ft²
$21,950,000 Oct 28, 2022
-
$11,865/mo
House
4 Beds
5.5 Baths
7,173 ft²
$2,774/ft²
$19,900,000 Feb 6, 2024
-
$13,748/mo
Land
Loft
-
-
$22,000,000 Jan 17, 2024
-
$12,311/mo
Land
Loft
-
-
$25,000,000 Dec 1, 2023
-
$7,654/mo

About Naples


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Nearby Rentals

Unit for rent at

$4,995 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
Listing by Manager


Frequently Asked Questions

When was property at 885 Admiralty Parade built and last sold?
The property at 885 Admiralty Parade was built in 2011 and last sold on Apr 11, 2022 for $23,250,000.
How much is this home worth?
The estimated value of the home located at 885 Admiralty Parade is $22,119,000.
What are some comparable homes to 885 Admiralty Parade?
There are currently no comparable homes to 885 Admiralty Parade.

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