facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Single Family Residence

/

Sale

/

2655 Tarpon Rd Naples, FL 3...

Updated Sep 9, 2024

Record-Breaking Sale Sets New Benchmark In Royal Harbor - $10M Tarpon Rd Property Sold
SOLDSingle Family Residence

Record-Breaking Sale Sets New Benchmark In Royal Harbor - $10M Tarpon Rd Property Sold

2655 Tarpon Rd Naples, FL 34102, USA

$10,000,000

$3,216/SF

Building Size

3,109 SF

Asset Type

Single Family Residence

Closing

Jul 11, 2023

About this deal

AI

The record-breaking sale of a property at 2655 Tarpon Road in Royal Harbor, Naples has set a new benchmark in the area. The property, sold by Sherry Irvin and Virginia Amoroso of the Irvin Group and Premier Sotheby’s International Realty, achieved a sale price of $10 million. This single-family home offers a total square footage of 3,109, equivalent to a price per square foot of $3,216. Set on a spacious lot of 0.51 acres, this property boasts an enviable location in the desirable Royal Harbor neighborhood.

Summary of transaction details

  • Property Type: Single-Family Home
  • Transaction Amount: $10,000,000
  • Square Footage: 3,109
  • Price Per Square Foot: $3,216
  • Address: 2655 Tarpon Road, Naples
  • Market: Naples

Randall Porter from Paradise Realty of Naples LLC represented the buyer in this transaction. On the seller's side, Sherry Irvin and Virginia Amoroso, both from Premier Sotheby’s International Realty, played instrumental roles in achieving this record-breaking sale. It is undeniable that their expertise and negotiation skills contributed to the success of this deal.

Players

Randall Porter

Paradise Realty of Naples LLC

Broker

$10M

vol

1 deal

Broker

Miami Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Deal FAQ

About $3.2K per square foot on a published $10M for 3,109 square feet (2023).

Visit Sotheby's International Realty to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.59%

Cash-on-Cash

-0.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets