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Off market
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  • $7,750,300

    550 Banyan Blvd, Naples, FL 34102

    5beds
    5,061sqft
    SingleFamily
    Built in 1957
    0.85 Acres Lot
    $7,750,300 Zestimate®
    $1,531/sqft
    $70,844 Estimated rent

    Home value

    $7,750,300

    $6.51M - $9.22M

    $70,844/mo

    Zestimate® history
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    What's special

    This very private gated southern exposure estate home sits on .85 acres of land overlooking Banyan Lake and The Naples Beach & Golf Club golf course. The original home was built in 1957 and has been brilliantly updated over the years. New hurricane impact windows and doors, a five-car air conditioned garage (plus air conditioned storage above the garage) has been added, as well as a breezeway, theater room and guest quarters. In 2013, another renovation was completed that included a new kitchen, outdoor kitchen, a 1500 bottle wine room, teak hardwood floors throughout the first floor with beautiful moldings and trim, as well as several other updates. The premises are surrounded by a beautiful ficus hedge with electric entry gate and the lush landscaping, fruit trees and vegetation make it feel like you are in a private park. The whole family can enjoy the nearly 60 foot long lap pool which is enclosed by a privacy fence with landscaping and flowers. In addition, there is new air conditioning units and all new ductwork, and an 80,000 KW generator that powers the entire residence. All of this is within steps to the beach and minutes from Fifth Avenue and Third Street South.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 4
    • 1/2 bathrooms: 2
    Cooling
    • Central
    Interior area
    • Total interior livable area: 5,061 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Stucco
    • Has spa: Yes
    • On waterfront: Yes
    Lot
    • Size: 0.85 Acres
    Details
    • Parcel number: 06232280003

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Tile
    Condition
    • Year built: 1957

    Community & HOA

    Location
    • Region: Naples

    Financial & listing details

    • Price per square foot: $1,531/sqft
    • Tax assessed value: $7,316,746
    • Annual tax amount: $48,800

    Price history

    DateEventPrice
    9/3/2015Sold$3,200,000-5.7%$632/sqft
    Source: Public Record Report a problem
    7/30/2015Pending sale$3,395,000$671/sqft
    Source: Premier Sotheby's International Realty #214053279 Report a problem
    4/2/2015Price change$3,395,000-2.9%$671/sqft
    Source: Premier Sotheby's International Realty #214053279 Report a problem
    3/9/2015Price change$3,495,000-8.6%$691/sqft
    Source: Premier Sotheby's International Realty #214053279 Report a problem
    1/28/2015Price change$3,825,000-3.8%$756/sqft
    Source: Premier Sotheby's International Realty #214053279 Report a problem
    10/9/2014Listed for sale$3,975,000+115%$785/sqft
    Source: Premier Sotheby's International Realty #214053279 Report a problem
    11/29/2012Sold$1,849,000$365/sqft
    Source: Public Record Report a problem
    9/19/2012Pending sale$1,849,000$365/sqft
    Source: Listhub #211515885 Report a problem
    7/20/2012Price change$1,849,000-7.3%$365/sqft
    Source: Premier Sotheby's International Realty #211515885 Report a problem
    3/7/2012Price change$1,995,000-4.8%$394/sqft
    Source: Listhub #211515885 Report a problem
    10/19/2011Listed for sale$2,095,000-30.1%$414/sqft
    Source: Listhub #211515885 Report a problem
    8/2/2011Listing removed$2,999,000$593/sqft
    Source: John R. Wood REALTORS #210026646 Report a problem
    8/8/2010Listed for sale$2,999,000+522.2%$593/sqft
    Source: John R. Wood REALTORS #210026646 Report a problem
    4/14/1998Sold$482,000$95/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$48,800 +13%$3,688,046 +10%
    2024$43,186 -21.4%$3,352,769 +10%
    2023$54,941 +28.4%$3,047,972 +10%
    2022$42,778 +49.3%$2,770,884 +10%
    2021$28,643 +1.8%$2,518,985 +10%
    2020$28,131 +31.7%$2,289,986 +10%
    2019$21,366 -27.9%$2,081,805 -28%
    2018$29,617 $2,891,090 +0.7%
    2017$29,617 +0.1%$2,872,378 +6.7%
    2016$29,596 +6.2%$2,692,982 +45.6%
    2015$27,862 +44.5%$1,849,943 +3.6%
    2014$19,282 -6.1%$1,785,261 -4.7%
    2013$20,546 +1.6%$1,872,441 +3.4%
    2012$20,226 +3.6%$1,811,088 +3.1%
    2011$19,514 -42%$1,756,882 -40.2%
    2010$33,658 +6.7%$2,937,323 -4.9%
    2009$31,534 $3,088,950 -1.5%
    2008$31,534 -1.6%$3,135,814 +8%
    2007$32,031 -2.7%$2,902,607 +2.5%
    2006$32,905 $2,831,812 +3%
    2005$32,905 +0.5%$2,749,332 +1.6%
    2004$32,736 +46.5%$2,705,100 +49.3%
    2003$22,344 +23.3%$1,811,910 +26.6%
    2002$18,128 -41.7%$1,431,275 +19.6%
    2001$31,076 +226.2%$1,196,927
    2000$9,527 --
    Find assessor info on the county website

    Neighborhood: Coquina Sands

    Nearby schools

    GreatSchools rating
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