$11.5M Sale Of Historic Naples Home By Premier Sotheby's At Gordon River Trail
1213 Gordon River Trail
$11,500,000
$1,491/SF
Building Size
7,713 SF
Asset Type
Single Family
Closing
May 23, 2024
AI
A 7,713-square-foot house in Naples, located at 1213 Gordon River Trail, has sold for $11.5 million, marking the highest sale ever in the city's Estuary and Grey Oaks communities. The property was labeled historic, and the price of $11.5 million falls within the lower end of Naples' luxury market, where properties often list for over $10 million.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $11,500,000
- Market: Naples
- Address: 1213 Gordon River Trail
- Square Footage: 7,713
The buyer's representatives for this transaction were Bill Earls & Larry Lappin from John R Wood Properties, while the seller's representatives were Daniel Guenther & Melissa Williams from Premier Sotheby's International Realty.
Players
Naples Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.38%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93