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
- Property Type: Land
- Transaction Amount: $5,700,000
- Market: Naples
- Address: 2025 5th Street South
- Buyer's Representative: Lisa Morris Tomaini - Lisa Tomaini Realty
- Seller's Representative: Rick Spackman - John R Wood Properties
- Size: 0.25 Acres
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
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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