facebook
Traded Co logo
Submit
Daily limit: 0/10

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

Property Image
SOLD
$10,000,000
Virginia Amoroso

Florida

See Similar Deals
Single Family Residence3,109 SF
Sold 07/11/2023
the dealplayerscompscontact
Property Image
SOLD

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

2655 Tarpon Rd Naples, FL 34102, USA

See Similar Deals
Single Family Residence3,109 SF
Sold 07/11/2023
Virginia Amoroso
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$3,216
Total Square Footage:3,109 SF
Transaction Type:Sale

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

RP
1 deal$10M volume(213) 770-4011
BROKER


Virginia Amoroso
Sotheby's International Realty
1 deal$10M volume(239) 860-1099
BROKER

Details

SOLD
IMAGE: Virginia Amoroso, Randall Porter & Sherry Irvin DATE: 07/11/2023 ADDRESS: 2655 Tarpon Road MARKET: Naples ASSET TYPE: SFR ~ ACRES: 0.51 BUYER'S REP: Randall Porter - Paradise Realty of Naples LLC (@ParadiseRealtyofNaples) SELLER'S REP: Sherry Irvin (@Sherry.Irvin.718) & Virginia Amoroso - Premier Sotheby’s International Realty (@Premiersir) SALE PRICE: $10,000,000 SF: 3,109 ~ PPSF: $3,216 NOTE: Sherry Irvin and Virginia Amoroso of the Irvin Group and Premier Sotheby’s International Realty achieved a record-breaking sale of a property at 2655 Tarpon Road in Royal Harbor, selling for $10 million and setting a new price-per-square-foot benchmark in the area.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$533,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$35,527.90
Cash-on-Cash Return-1.27%
Monthly Debt Service$47,405.10
Annual Debt Service$568,861.22