Sold for $450,000

$450,000

8940 Madrid CIR, NAPLES, FL 34104

2beds

1,366sqft

Single Family Residence

Built in 2020

3,484.8 Square Feet Lot

$419,700 Zestimate^®

$329/sqft

$2,675 Estimated rent

Home value

$419,700

$386,000 - $453,000

$2,675/mo

Zestimate^® history

Owner options

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$2,675/mo

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$2,675/mo

Rent Zestimate^®

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$4,382/mo

Est. payment

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$4,382/mo

Est. payment

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What's special

Beautiful single-family home in the gated community of Fronterra. Priced to sell! Built in 2020 this lakefront home has been well maintained, move-in ready and extremely clean. 2 bedrooms plus a den can easily be converted to a 3rd bedroom. Shows like a model home. Home features include: Granite countertops, shaker style cabinets, stainless steel kitchen appliances, plank tile flooring, 10ft ceilings, screened-in lanai, retractable sun-setter awning, walk-in closets, brick paver driveway and more! Western exposure with amazing sunsets every night. Fronterra is a family and pet friendly development with only 154 homes. The HOA fees are $134 per month and includes a heated resort style pool and cabana. Perfect location in Naples: Only 15 minute drive to the beaches and downtown 5th Avenue south. 2 minutes to I-75. 20-30 minutes to Marco Island, Fort Myers, etc.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Dining room

Features: Dining - Living, Formal

Heating

Central

Cooling

Central Air

Appliances

Included: Electric Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator/Icemaker, Washer

Features

Smoke Detectors, Volume Ceiling, Den - Study, Screened Lanai/Porch
Flooring: Carpet, Tile
Windows: Shutters
Has fireplace: No

Interior area

Total structure area: 1,565
Total interior livable area: 1,366 sqft

Property

Parking

Total spaces: 1
Parking features: Driveway, Attached
Attached garage spaces: 1
Has uncovered spaces: Yes

Features

Stories: 1
Patio & porch: Screened Lanai/Porch
Pool features: Community
Has spa: Yes
Spa features: Above Ground, Heated
Has view: Yes
View description: Lake
Has water view: Yes
Water view: Lake
Waterfront features: Lake
Frontage type: Lakefront

Lot

Size: 3,484 sqft
Features: Regular

Details

Additional structures: Cabana
Parcel number: 34550002540

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Block, Stucco
Foundation: Concrete Block
Roof: Tile

Condition

New construction: No
Year built: 2020

Utilities & green energy

Water: Central

Community & neighborhood

Security

Security features: Smoke Detector(s), Gated Community

Community

Community features: Pool, Sidewalks, Street Lights, Gated

Location

Region: Naples
Subdivision: FRONTERRA

HOA & financial

HOA

Has HOA: Yes
HOA fee: $1,608 annually
Amenities included: Cabana, Pool, Sidewalk, Streetlight

Other

Other facts

Contingency: Financing

Price history

Date	Event	Price
11/8/2024	Sold	$450,000-3.2%$329/sqft
Source: SWFLMLS #224080775 Report a problem
10/4/2024	Pending sale	$465,000$340/sqft
Source: SWFLMLS #224080775 Report a problem
10/3/2024	Listed for sale	$465,000-2.1%$340/sqft
Source: SWFLMLS #224080775 Report a problem
7/25/2024	Listing removed	--
Source: SWFLMLS #224038951 Report a problem
7/20/2024	Price change	$475,000-5%$348/sqft
Source: SWFLMLS #224038951 Report a problem
6/16/2024	Price change	$500,000-6.5%$366/sqft
Source: SWFLMLS #224038951 Report a problem
5/2/2024	Listed for sale	$535,000-2.7%$392/sqft
Source: SWFLMLS #224038951 Report a problem
3/12/2024	Listing removed	--
Source: SWFLMLS #223073693 Report a problem
10/9/2023	Listed for sale	$550,000-4.3%$403/sqft
Source: SWFLMLS #223073693 Report a problem
6/10/2022	Listing removed	--
Source: SWFLMLS #222033209 Report a problem
5/3/2022	Listed for sale	$575,000+84.8%$421/sqft
Source: SWFLMLS #222033209 Report a problem
12/4/2020	Sold	$311,210$228/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,510 +17.2%	$348,074 +23.5%
2024	$4,702 +91.4%	$281,954 +3%
2023	$2,456 +2.4%	$273,742 +7.3%
2022	$2,399 -0.7%	$255,211 +3%
2021	$2,417 +459.1%	$247,778 +660%
2020	$432 +26%	$32,604 +10%
2019	$343	$29,640