by Global Lifestyle Properties

See Home Value
$480,000
● House - Off Market

8988 Madrid Circle

NAPLES, FL 34104
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,596 Ft²
$3,063
Est. Monthly
$135
HOA / Fees
11.20%
Cap Rate

About This Property

This 2020-built home in the highly sought-after gated community of Fronterra in Naples feels like new construction! Boasting 3 bedrooms, 2 bathrooms, and just under 1600 square feet of open floorplan living area, the space offers a freshly painted interior and wood-look tile flooring throughout (no carpet), giving the home a bright, refreshing feel. Additional improvements and upgrades include: the extended driveway provides parking space for up to 3 cars; the newly epoxied garage floor adds another touch of luxury to this already impressive property; and a brand new water heater will provide the new homeowner with peace of mind. The home's location within the community allows for an open, serene water view in the backyard and a short 3 minute walk to the fun and relaxation of the community pool. Don't miss out on this incredible opportunity to call this lakeside gem your own!

Conveniently located about 15 minutes from downtown Naples and less than 5 minutes to I-75, this home is perfectly situated for easy access to all the area has to offer, which will soon include the excitement of the indoor waterpark at Great Wolf Lodge, less than 10 minutes away. For investors, home can be rented right away.
Unit Size
1,596 Ft²
Days on Market
120 days
Land Size
0.09 acres
Price per sqft
$310
Property Type
House
Property Taxes
$497
HOA Dues
$135
Year Built
2020

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Last updated: 2 years ago (SWFLMLS #224047721)

Price History

Date / Event Date Event Price
Oct 1, 2024 Sold
Sold
Jul 31, 2024 In contract -
In contract
Jul 31, 2024 Price Decreased $495,000
↓ $5K (1%)
Price Decreased
Jun 3, 2024 Listed by Compass Florida, LLC. $499,900
Listed by Compass Florida, LLC.
Sep 8, 2020 Sold
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 3,920
  • Lot Size Frontage Feet: 430
  • Total Building Area: 1,596
  • Gross Building Area: 1,596
  • Building Area: 1,596
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,596
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRONTERRA PHASE 2
  • Land Acres: 0000000090
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • Legal Description 1: FRONTERRA PHASE 2 LOT 86

Neighborhood

  • School District Name: Collier County School District
  • School Tax School District: DISTRICT 1
  • Census Tract: 010511

Geography

  • Assessors Map Reference: 4B34
  • Subdivision Phase Number: 2
  • Parcel: 34550002320
  • Lot: 86
  • Meridian: SEC 34 TWN 49 RNG 26
  • Municipality: COUNTY COLLIER
  • Latitude: 26.1571
  • Longitude: -81.6912

    Address

  • Full Address: 8988 Madrid Cir
  • Address - House Number: 8988
  • Address - Street Name: Madrid
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Naples
  • Carrier Code: C092
  • 4-Digit Zip Code: 6227
  • Zip Code: 34104

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $568,230
  • Tax Rate Code Area: 31

    Appraisal Valuation

  • Standard Deviation: 0.2329
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 67
  • Final Value: 575,896
  • High Value: 710,050
  • Low Value: 441,742

    Market Valuation

  • Market Total Value: $365,864
  • Market Land Value: $58,302
  • Market Improvement Value: $307,562

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $311,133

    Sales

  • Current Sale Contract Date: Aug 18, 2020
  • Current Sale Recording Date: Sep 08, 2020
  • Current Sale Price:
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 5919957
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 Golden Gate


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Frequently Asked Questions

When was property at 8988 Madrid Circle built and last sold?
The property at 8988 Madrid Circle was built in 2020 and last sold on Aug 18, 2020 for $325,946.
How much is this home worth?
The estimated value of the home located at 8988 Madrid Circle is $0.
What are some comparable homes to 8988 Madrid Circle?
There are currently no comparable homes to 8988 Madrid Circle.