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2025 5th St S Naples, FL 34...

Updated Sep 9, 2024

Lisa Tomaini Realty Acquires 0.25 Acre Land In Naples For $5.7M
SOLDLand

Lisa Tomaini Realty Acquires 0.25 Acre Land In Naples For $5.7M

2025 5th St S Naples, FL 34102, USA

$5,700,000

Building Size

Asset Type

Land

Closing

Aug 18, 2023

About this deal

AI

A vacant lot in Naples' Aqualane Shores community, located at 2025 5th St S, has sold for $5,700,000. The prime location offers the chance to build a custom home on Heron Cove with direct access to Naples Bay and the Gulf of Mexico, surrounded by luxurious amenities.

Summary of transation details

The buyer's representative, Lisa Morris Tomaini of Lisa Tomaini Realty, facilitated the purchase of this desirable vacant lot. The seller's representative in this transaction was Rick Spackman of John R Wood Properties.

Players

Lisa Morris Tomaini

Lisa Tomaini Realty

Broker

$5.7M

vol

1 deal

Broker

Irvington Land Market Snapshot

Boundary boundary · Land · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.78%

Cash-on-Cash

-0.80%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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