493 8th Ave S in Naples sells for $8.5 million

The $8,500,000 sale price was 24% above the $6,877,992 market value on record, according to the Assessor's records. The single-family home at 493 8th Ave S in Naples sold on September 8, 2026, according to the Collier County Property Appraiser's sales records.

An aerial photo shows the parcel directly on a canal, with other houses around it.

The record lists Jerry R Steinborn Trust as the buyer. The last sale before this one on record was $2,750,000 in 2022. This sale price was 3.1 times that amount.

Assessor's records show a build year of 2025 and a 12,197-square-foot lot. Listing data shows 4 bedrooms and 6 bathrooms.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Collier County?

By our estimate, the seller's two largest charges, not counting commission and prorations, were $59,500 for the documentary stamp tax on deed and $550 for the settlement / closing fee. Who pays what follows Collier County custom.

How much did the seller net?

By our estimate, the seller netted about $7,976,606. That assumes a 5% commission. It is before any mortgage payoff.

How much cash did the buyer bring to closing?

A buyer putting 20% down would need about $1,875,446 at closing. That covers the down payment and closing costs.

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