NOT LISTED FOR SALE

Estimated Value: $7,062,303 - $7,437,000

3 Beds
3.5 Baths
4,001 Sq Ft
$3,921/mo HOA Fee

Last Sold May 14, 2024

Last sale price $7,950,000 $1,987 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $51,191/month

138 Days on Market

Highlights

  • Concierge
  • Beach Front
  • 24-Hour Guard
  • Naples Park Elementary School Rated A-
  • Community Beach Access
  • 1-minute walk to Delnor-Wiggins Pass State Park

About This Home

As of May 2024

Exceptional beachfront living awaits you at Moraya Bay. This highly coveted & richly appointed unit is on the 10th floor & truly is a home in the sky! Featuring 3 en-suite bedrooms, a powder room, study, Chef’s kitchen & butler’s pantry, floor to ceiling windows throughout, and a direct western facing balcony to take in the beauty of the Gulf & coastline. A marble floored foyer welcomes you off the private elevator and into the grand salon with custom cabinetry & dark honey toned wood floors on through to a relaxed dining space & family room, all perfectly situated to enjoy the water views. The Primary suite is enormous yet serene with a soak in tub and separate shower, custom designed walk in closet and panoramic Gulf views. The guest rooms look east and have a shared terrace. Additional features include Smart-home lighting, wood & marble tile floors, custom electric window shades & ceiling treatments. Moraya Bay offers an exceptional lifestyle - a private restaurant, a resort pool, Grotto bar, full beach service, fitness center and a second pool for the serious lap swimmer. 24 hour manned Security, concierge & management all provided. Be sure to view the video Walk through tour.

Last Agent to Sell the Property

Dawn McKenna

Coldwell Banker Realty License #NAPLES-377507044 Listed on: 12/01/2023

Coldwell Banker Realty

Last Buyer's Agent

Ryan Chiodo

Compass Florida LLC License #NAPLES-249513873

Compass Florida LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $65,705

Year Built

  • Built in 2009

Lot Details

  • Beach Front
  • Property fronts gulf or ocean
  • Cul-De-Sac
  • West Facing Home
  • Gated Home

HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Parking Garage Space
  • Secure Parking

Property Views

  • Ocean To Bay
  • Gulf

Home Design

  • Elevated Home
  • Flat Roof Shape
  • Poured Concrete
  • Metal Roof
  • Piling Construction
  • Stucco

Interior Spaces

  • 4,001 Sq Ft Home
  • Custom Mirrors
  • Furnished
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Solar Tinted Windows
  • Shutters
  • Floor-to-Ceiling Windows
  • Picture Window
  • Casement Windows
  • Great Room
  • Combination Dining and Living Room
  • Den

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Built-In Self-Cleaning Oven
  • Warming Drawer
  • Ice Maker
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • Built-In Bedroom Cabinets
  • Walk-In Closet
  • Dual Sinks
  • Jetted Tub in Primary Bathroom
  • Bathtub With Separate Shower Stall
  • Multiple Shower Heads

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • Lap Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Water Fountains
  • Outdoor Fireplace
  • Lanai
  • Fire Pit

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Propane
  • Sewer Assessments
  • Multiple Phone Lines
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 23450001225

Community Details

Overview

  • 72 Units
  • Private Membership Available
  • High-Rise Condominium
  • Moraya Bay Condos
  • Vanderbilt Beach Community
  • 11-Story Property

Amenities

  • Concierge
  • Doorman
  • Trash Chute
  • Lobby
  • Bike Room

Recreation

  • Gulf Boat Access
  • Community Beach Access
  • Beach Club Membership Available
  • Exercise Course
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Guard
  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$65,705

Year Built

Built in 2009

Lot Details

0

HOA Fees

$3,921 per month

Parking

1

Listing Details

  • Legal Description: BEACH TOWER AT MORAYA BAY, THE A CONDOMINIUM UNIT 1005
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.27195$-81.826833$99.03$13.33$1.00$CAoSLEFGMVFpcE5CbjhiTm1INXJBbEIxQm5NVm4zSUhXYzRzajl6ZjNjS2tOTVdY
  • Building Design: High Rise (8+)
  • Building Description: Other
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows, Shutters - Manual
  • Year Built: 2009
  • Property Information: Exceptional beachfront living awaits you at Moraya Bay. This highly coveted & richly appointed unit is on the 10th floor & truly is a home in the sky! Featuring 3 en-suite bedrooms, a powder room, study, Chef’s kitchen & butler’s pantry, floor to ceiling windows throughout, and a direct western facing balcony to take in the beauty of the Gulf & coastline. A marble floored foyer welcomes you off the private elevator and into the grand salon with custom cabinetry & dark honey toned wood floors on through to a relaxed dining space & family room, all perfectly situated to enjoy the water views. The Primary suite is enormous yet serene with a soak in tub and separate shower, custom designed walk in closet and panoramic Gulf views. The guest rooms look east and have a shared terrace. Additional features include Smart-home lighting, wood & marble tile floors, custom electric window shades & ceiling treatments. Moraya Bay offers an exceptional lifestyle - a private restaurant, a resort pool, Grotto bar, full beach service, fitness center and a second pool for the serious lap swimmer. 24 hour manned Security, concierge & management all provided. Be sure to view the video Walk through tour.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 11

Interior Features

  • Furnished Description: Furnished
  • Num Unit Floor: 10
  • Price Per Sq Ft: 1987.00
  • Total Floors: 11
  • Additional Rooms: Balcony, Den/Study, Great Room, Guest Bath, Laundry in Residence, Open Porch/Lanai
  • Estimated Living Area: 4001
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedroom Description: Master BR Sitting Area, Split Bedrooms
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Breakfast Bar, Living Dining
  • Elevator: Private
  • Equipment: Cooktop - Gas, Dishwasher, Disposal, Dryer, Refrigerator/Freezer, Refrigerator/Icemaker, Self Cleaning Oven, Wall Oven, Warming Tray, Washer
  • Flooring: Marble, Tile, Wood
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Closet Cabinets, Custom Mirrors, Fire Sprinkler, Internet Available, Multiple Phone Lines, Smoke Detectors, Walk-In Closet, Window Coverings
  • Kitchen: Built-In Desk, Gas Available, Walk-In Pantry
  • Primary Bathroom: Dual Sinks, Jetted Tub, Multiple Shower Heads, Separate Tub And Shower
  • Windows: Casement, Impact Resistant, Picture, Solar Tinted

Exterior Features

  • Gulf Access: Yes
  • Private Pool: No
  • Private Spa: No
  • Roof: Built-Up Or Flat, Metal
  • Construction: Elevated, Piling, Poured Concrete
  • Irrigation: Assessment Paid, Central
  • Road: Access Road, Cul-De-Sac, Paved Road, Private Road
  • View: Gulf, Gulf and Bay
  • Exterior Features: Built-In Gas Fire Pit, Outdoor Fireplace, Outdoor Shower, Water Display
  • Exterior Finish: Stucco
  • Waterfront Type: Gulf Frontage, On the Gulf Beach

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 1
  • Parking: 1 Assigned, Covered, Paved Parking, Under Bldg Closed

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Security: Doorman, Secured Garage, Gated, Lobby, Patrolled
  • Sewer: Assessment Paid, Central
  • Water: Assessment Paid, Central
  • Gas Description: Propane

Condo/Co-op/Association

  • Management Company Phone: 239-514-5050
  • Management: On-Site
  • Mandatory HOA: Yes
  • Restrictions: Architectural
  • Sub Condo Name: MORAYA BAY
  • Condo Fees: 9085.66
  • Condo Fee Frequency: Quarterly
  • Maintenance: Cable, Concierge Service, Fidelity Bond, Insurance, Internet/WiFi Access, Lawn/Land Maintenance, Legal/Accounting, Manager, Master Association Fee Incl, Pest Control Exterior, Reserve, Security, Sewer, Trash Removal, Water
  • Club Fee Mandatory: 10700
  • Club Fee Mandatory Frequency: Annually
  • Development Name: VANDERBILT BEACH

Association/Amenities

  • Pets: No Approval Needed
  • Development: Vanderbilt Beach
  • Amenities: Beach Access, Beach Club Available, Bike Storage, Community Pool, Concierge Services, Electric Vehicle Charging, Exercise Room, Lap Pool, Private Membership, Trash Chute, Underground Utility
  • Community Type: Gated
  • Units In Building: 72
  • Total Number of Units: 72

Lot Info

  • Builder Product: No
  • Lot Unit: 1005
  • Section: 29
  • Total Area: 4737
  • Waterfront: Yes
  • Rear Exposure: West
  • Lot Description: Zero Lot Line
  • Parcel Number: 23450001225

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 12
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: County Only, No Homestead
  • Taxes: 65705.17
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
May 13, 2024
Sold by
Mavgun Llc
Bought by
G & S Johnson Family Holdings Llc
Seller's Agent
Dawn McKenna
Coldwell Banker Realty
Buyer's Agent
Ryan Chiodo
Compass Florida LLC
List Price
$9,695,000
Sold Price
$7,950,000
Premium/Discount to List
-$1,745,000
-18%
Views
53
Current Estimated Value
$7,625,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$324,143
Avg. Annual Appreciation
-2.01%

Purchase Details

Listed on
May 20, 2021
Closed on
Aug 20, 2021
Sold by
Hodgies Southern Home Llc
Bought by
Mavgun Llc
Seller's Agent
Barry DeNicola
Barry DeNicola Realty Inc
Buyer's Agent
Dawn McKenna
Coldwell Banker Realty
List Price
$6,800,000
Sold Price
$6,500,000
Premium/Discount to List
-$300,000
-4.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.66%
Original Mortgage
$3,000,000
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 3, 2012
Sold by
Vi Ltd Limited Partnership
Bought by
Hodgies Southern Home Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
G & S Johnson Family Holdings Llc $7,950,000 Certified Title
Mavgun Llc $6,500,000 Accommodation
Hodgies Southern Home Llc $4,000,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mavgun Llc $3,000,000
Previous Owner Hodgie S Southern Home Llc $2,300,000
Previous Owner Hodgies Southern Home Llc $2,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2024 05/14/24 Sold $7,950,000 0.0% $1,987 / Sq Ft
04/17/2024 04/17/24 Pending -- -- --
03/25/2024 03/25/24 Price Changed $7,950,000 -11.7% $1,987 / Sq Ft
02/29/2024 02/29/24 Price Changed $8,999,000 -7.2% $2,249 / Sq Ft
12/01/2023 12/01/23 For Sale $9,695,000 +49.2% $2,423 / Sq Ft
08/20/2021 08/20/21 Sold $6,500,000 -4.4% $1,585 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $6,800,000 -- $1,659 / Sq Ft
Source: Naples Area Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $61,844 $5,997,424 $0 $5,997,424
2022 $65,705 $5,993,249 $0 $5,993,249
2021 $53,108 $4,651,100 $0 $4,651,100
2020 $51,465 $4,551,075 $0 $4,551,075
2019 $51,837 $4,551,075 $0 $4,551,075
2018 $48,339 $4,251,000 $0 $4,251,000
2017 $48,718 $4,251,000 $0 $4,251,000
2016 $45,250 $3,950,925 $0 $0
2015 $43,014 $3,700,850 $0 $0
2014 -- $3,500,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 223087875

Naples Area Board of REALTORS®

APN: 23450001225