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Sold for $13,625,000
  • $13,625,000

    940 Admiralty Parade E, NAPLES, FL 34102

    --beds
    --baths
    --Square Feet
    Unimproved Land
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    Not available

    Zestimate® history
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    What's special

    If all of the properties in Port Royal were available, this one and one-half Port Royal lot site would be one of the first chosen. In fact, the property has been owned by the family of the developer of Port Royal for many years. With environmental views across the wide waterway of Admiralty Bay, the property is not far from Gordon Pass and the Gulf of Mexico and just a short distance to the inland waterways leading to some of the most pristine estuaries in the United States. Because of its size, the property will accommodate a large building envelope. Just a few miles to the north are the famous restaurants, shopping districts, and centers for the arts, for which Naples is internationally known. Port Royal Club eligibility. The Club’s state of the art fitness and tennis centers are nearby. Truly the perfect dimensional property and location to build one’s dream home. Enjoy the quintessential life-style experience that only Naples can offer.

    Zillow last checked:

    Listing updated:

    Listed by:

    Richard Prebish, II 239-357-6628,

    William Raveis Real Estate,

    Thomas Campbell, Jr. 239-860-4923,

    William Raveis Real Estate

    Bought with:

    Richard Prebish, II

    William Raveis Real Estate

    Thomas Campbell, Jr.

    William Raveis Real Estate

    Source: SWFLMLS,MLS#: 224005128MLS LogoOriginating MLS: Naples

    Facts & features

    Interior

    Features
    • Has fireplace: No

    Property

    Features
    • Has view: Yes
    • View description: Bay
    • Has water view: Yes
    • Water view: Bay
    • Waterfront features: Bay
    • Frontage type: Bay/Harbor
    Lot
    • Features: See Remarks
    Details
    • Parcel number: 16810720001

    Utilities & green energy

    • Water: Central
    • Utilities for property: None

    Community & HOA

    Community
    • Features: Boating, Non-Gated
    • Subdivision: PORT ROYAL
    HOA
    • Has HOA: No
    • Amenities included: None
    • HOA fee: $835 annually
    Location
    • Region: Naples

    Financial & listing details

    • Tax assessed value: $13,590,720
    • Annual tax amount: $128,779
    • Date on market: 1/17/2024
    • Lease term: Buyer Finance/Cash

    Price history

    DateEventPrice
    5/19/2026Listed for sale$21,000,000+54.1%
    Source: SWFLMLS #226018566 Report a problem
    9/12/2025Sold$13,625,000-14.3%
    Source: SWFLMLS #224005128 Report a problem
    8/29/2025Pending sale$15,900,000
    Source: SWFLMLS #224005128 Report a problem
    7/25/2025Listed for sale$15,900,000
    Source: William Raveis Real Estate, Mortgage & Insurance #224005128 Report a problem
    7/24/2025Pending sale$15,900,000
    Source: William Raveis Real Estate, Mortgage & Insurance #224005128 Report a problem
    7/24/2025Listed for sale$15,900,000
    Source: SWFLMLS #224005128 Report a problem
    7/11/2025Pending sale$15,900,000
    Source: SWFLMLS #224005128 Report a problem
    7/9/2025Listed for sale$15,900,000-9.7%
    Source: SWFLMLS #224005128 Report a problem
    11/27/2024Listed for sale$17,600,000
    Source: SWFLMLS #224005128 Report a problem
    11/23/2024Pending sale$17,600,000
    Source: SWFLMLS #224005128 Report a problem
    11/20/2024Listed for sale$17,600,000-20%
    Source: SWFLMLS #224005128 Report a problem
    1/17/2024Listed for sale$22,000,000
    Source: SWFLMLS #224005128 Report a problem
    1/17/2024Listing removed--
    Source: SWFLMLS #223005943 Report a problem
    2/24/2023Listed for sale$22,000,000
    Source: SWFLMLS #223005943 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$123,015 -4.5%$13,590,720 +8.3%
    2024$128,780 -6.8%$12,543,743 +9.2%
    2023$138,198 +9.5%$11,491,294 +10%
    2022$126,178 +29.5%$10,446,631 +10%
    2021$97,452 +4.7%$9,496,937 +6%
    2020$93,092 -10.3%$8,960,730 +10%
    2019$103,821 +30.4%$8,146,118 +10%
    2018$79,603 $7,405,562 +10%
    2017$79,603 +9.4%$6,732,329 +10%
    2016$72,763 +14.9%$6,120,299 +0.8%
    2015$63,321 -3.2%$6,073,412 +10%
    2014$65,392 +12.9%$5,521,284 +7.1%
    2013$57,902 +10%$5,154,467 +10%
    2012$52,620 +12%$4,685,879 +10%
    2011$46,981 -16.6%$4,259,890 -5.4%
    2010$56,312 -2%$4,504,345 -13.2%
    2009$57,432 $5,188,237 -8%
    2008$57,432 -16%$5,642,011 -6%
    2007$68,359 +22.4%$6,003,035 +0.2%
    2006$55,846 $5,990,158 +29.6%
    2005$55,846 +7.1%$4,623,674 +8.3%
    2004$52,168 -2.2%$4,271,000 +0.1%
    2003$53,337 +0.5%$4,265,383 +1.8%
    2002$53,057 -43.2%$4,188,986 +16.5%
    2001$93,342 +167.7%$3,595,200
    2000$34,868 --
    Find assessor info on the county website

    Neighborhood: Port Royal

    Nearby schools

    GreatSchools rating