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Larry Lappin Acquires 0.78 Acre Single Family Property On Galleon Drive, Naples For $46.8M

Property Image
SOLD
$46,800,000
Larry Lappin
Bill Earls

Florida

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Single Family8,930 SF
Sold 02/23/2023
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Property Image
SOLD

Larry Lappin Acquires 0.78 Acre Single Family Property On Galleon Drive, Naples For $46.8M

1672 Galleon Drive

See Similar Deals
Single Family8,930 SF
Sold 02/23/2023
Larry Lappin
Bill Earls
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$5,240
Total Square Footage:8,930 SF
Transaction Type:Sale

A single-family property located at 1672 Galleon Drive in Naples has been sold for a price of $46,800,000. The property spans 0.78 acres and offers a spacious 8,930 square feet of living space. The sale of this property was facilitated by Bill Earls and Larry Lappin of John R Wood Properties - Christie's International Real Estate.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $46,800,000
  • Address: 1672 Galleon Drive
  • Market: Naples
  • Asset Type: Single Family
  • Acres: 0.78

Bill Earls and Larry Lappin, representing John R Wood Properties - Christie's International Real Estate, played a pivotal role in the successful completion of this sale. The property, with its impressive features and prime location, attracted significant attention in the market.

Players

Bill Earls
John R Wood Properties
Bill Earls
4 deals$98.1M volume
BROKER
Larry Lappin
Larry Lappin
4 deals$98.1M volume
BROKER

Details

SOLD
IMAGE: Larry Lappin & Bill Earls DATE: 02/23/2023 ADDRESS: 1672 Galleon Drive MARKET: Naples ASSET TYPE: Single Family ~ ACRES: 0.78 BROKERS: Bill Earls & Larry Lappin - John R Wood Properties - Christie’s International Real Estate SALE PRICE: $46,800,000 SF: 8,930 ~ PPSF: $5,241

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

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