NOT LISTED FOR SALE

Estimated Value: $6,690,000 - $6,801,151

3 Beds
3.5 Baths
4,477 Sq Ft
$2,732/mo HOA Fee

Last Sold August 31, 2021

Last sale price $5,820,000 $1,300 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $42,703/month

28 Days on Market

Highlights

  • Concierge
  • Community Beach Access
  • Clubhouse
  • Naples Park Elementary School Rated A-
  • Property fronts gulf or ocean
  • 1-minute walk to Delnor-Wiggins Pass State Park

About This Home

As of August 2021

Unparalleled Elegance! This beachfront condo, located on the 7th floor in the luxurious Moraya Bay, features 3 bedrooms, a den/study and 3.5 bathrooms. From the moment you walk off the private elevator you step into a home that exudes elegance. The kitchen is a chef’s dream complete with a natural gas range, double ovens, ice-maker, and multiple refrigerators. Walk into your spacious master suite with a stunning spa-like bathroom and exterior glass sliders that offer unforgettable views right from your bed. Two additional suites are perfect for your guests/family. Relax at the end of the day and take in the sweeping unobstructed sunsets on your wraparound terrace complete with an outdoor kitchen area. Moraya Bay is the perfect beachfront location directly on Vanderbilt Beach. Pet-friendly, with 5-star amenities including: an in-house restaurant/bar, 2 pools, onsite concierge, chair and towel service, fitness center & 24 hour security. Your Moraya Bay membership also includes access to The Floridian Club and The Club at Kalea Bay.

Last Agent to Sell the Property

Dennis Bowers

Compass Florida LLC Listed on: 06/01/2021

Compass Florida LLC

Last Buyer's Agent

Karen Van Arsdale

Premier Sotheby's Int'l Realty

Premier Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $39,591

Year Built

  • Built in 2009

Lot Details

  • Property fronts gulf or ocean
  • West Facing Home

HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 7th floor
  • Concrete Block With Brick
  • Silver Rolled Roof
  • Stucco

Interior Spaces

  • 4,477 Sq Ft Home
  • 1-Story Property
  • Custom Mirrors
  • Ceiling Fan
  • Sliding Windows
  • Family or Dining Combination
  • Den
  • Tile Flooring
  • Gulf Views
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Built-In Double Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Built-In Bedroom Cabinets
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Attached Carport Space
  • 1 Parking Garage Space
  • Deeded Parking

Outdoor Features

  • Balcony
  • Patio
  • Outdoor Kitchen

Schools

  • Naples Park Elementary School
  • Pine Ridge Middle School
  • Barron Collier High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 23450000666

Community Details

Overview

  • $50,000 Secondary HOA Transfer Fee
  • 72 Units
  • High-Rise Condominium
  • Moraya Bay Condos
  • Car Wash Area

Amenities

  • Concierge
  • Doorman
  • Restaurant
  • Trash Chute
  • Clubhouse
  • Business Center
  • Bike Room

Recreation

  • Gulf Boat Access
  • Community Beach Access
  • Private Beach Pavilion
  • Beach Club Membership Available
  • Exercise Course
  • Community Pool or Spa Combo
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Security

  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$39,591

Year Built

Built in 2009

Lot Details

0

HOA Fees

$2,732 per month

Listing Details

  • Legal Description: BEACH TOWER AT MORAYA BAY, THE A CONDOMINIUM UNIT 701
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.27195$-81.826832$221.43$13.33$1.00$CAoSLEFGMVFpcE9LWHRyYUpvbGkzZnNxUjkyb0N1OTJlT0JzcWp3M1k3VkU3TS1L
  • Building Design: High Rise (8+)
  • Building Description: Contemporary
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 2009
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Partially Furnished
  • Num Unit Floor: 7
  • Price Per Sq Ft: 1299.98
  • Total Floors: 1
  • Additional Rooms: Balcony, Family Room, Laundry in Residence, Den/Study
  • Estimated Living Area: 4477
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 3+Den
  • Total Bedrooms: 3
  • Dining Room: Family Dining, Eat-in Kitchen
  • Elevator: Private
  • Equipment: Cooktop - Gas, Dishwasher, Double Oven, Dryer, Microwave, Refrigerator/Freezer, Security System, Wall Oven, Washer
  • Flooring: Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Built-In Cabinets, Closet Cabinets, Coffered Ceiling, Custom Mirrors, High Speed Available, Pantry, Window Coverings
  • Kitchen: Island
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Windows: Impact Resistant, Sliding

Exterior Features

  • Gulf Access: Yes
  • Private Pool: No
  • Private Spa: No
  • Roof: Rolled Roof
  • Construction: Concrete Block
  • Irrigation: Central
  • View: Gulf
  • Exterior Features: Outdoor Kitchen, Patio
  • Exterior Finish: Stucco
  • Waterfront Type: Gulf Frontage

Garage/Parking

  • Carport Description: Attached
  • Carport Spaces: 1
  • Parking: 1 Assigned, Covered

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Security: Doorman
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239-514-5050
  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded, No Commercial, No RV, No Truck
  • Sub Condo Name: MORAYA BAY
  • Maintenance: Cable, Concierge Service, Lawn/Land Maintenance, Legal/Accounting, Manager, Recreational Facilities, Security, Street Maintenance, Trash Removal
  • Master Hoa Fee: 5548
  • Master HOA Fee Frequency: Quarterly
  • Club Fee Mandatory: 10600
  • Club Fee Mandatory Frequency: Annually

Association/Amenities

  • Pets: With Approval
  • Development: Vanderbilt Beach
  • Amenities: Beach Access, Beach Club Available, Bike And Jog Path, Bike Storage, Business Center, Clubhouse, Community Pool, Community Spa/Hot tub, Concierge Services, Exercise Room, Internet Access, Private Beach Pavilion, Restaurant, Streetlight, Trash Chute, Underground Utility, Vehicle Wash Area
  • Community Type: Gated
  • Units In Building: 72
  • Total Number of Units: 72

Fee Information

  • Transfer Fees: 50000.00

Schools

  • Elementary School: NAPLES PARK ELEMENTARY SCHOOL
  • Middle School: PINE RIDGE MIDDLE SCHOOL
  • High School: BARRON COLLIER HIGH SCHOOL
  • Elementary School: Naples Park Elementary School
  • High School: Barron Collier High School
  • Middle School: Pine Ridge Middle School

Lot Info

  • Builder Product: No
  • Lot Unit: 701
  • Section: 29
  • Total Area: 4477
  • Waterfront: Yes
  • Rear Exposure: West
  • Lot Description: Zero Lot Line
  • Parcel Number: 23450000666

Rental Info

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

Tax Info

  • Tax District Type: Community Development District
  • Taxes: 39591.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2021
Closed on
Aug 13, 2021
Sold by
Petcoff James G and James G Petcoff Revocable Trus
Bought by
Logan Daniel M and Daniel M Logan Trust
Seller's Agent
Dennis Bowers
Compass Florida LLC
Buyer's Agent
Karen Van Arsdale
Premier Sotheby's Int'l Realty
List Price
$6,000,000
Sold Price
$5,820,000
Premium/Discount to List
-$180,000
-3%
Current Estimated Value
$6,739,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$919,384
Avg. Annual Appreciation
3.71%
Original Mortgage
$4,074,000
Outstanding Balance
$3,675,897
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$3,063,487

Purchase Details

Listed on
Jan 19, 2018
Closed on
Mar 28, 2018
Sold by
Carini Peter J and Carini Carol A
Bought by
Petcoff James G and The James G Pecoff Revocable Trust
Seller's Agent
John Paul Prebish
William Raveis Real Estate
Buyer's Agent
Dennis Bowers
Compass Florida LLC
List Price
$6,100,000
Sold Price
$5,525,000
Premium/Discount to List
-$575,000
-9.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.53%
Original Mortgage
$3,000,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 29, 2012
Closed on
Jul 15, 2013
Sold by
Cumming Jack W and Cumming Pamela
Bought by
Carini Peter J and Carini Carol A
Seller's Agent
Frank Pezzuti
Premier Sotheby's Int'l Realty
Buyer's Agent
William Rapps
Waterfront Realty Group Inc
List Price
$3,375,000
Sold Price
$3,375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.06%
Original Mortgage
$2,193,750
Interest Rate
2.55%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 14, 2011
Sold by
Vi Ltd Limited Partnership
Bought by
Cumming Jack W and Cumming Pamela
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
Logan Daniel M $5,820,000 Accommodation
Petcoff James G $5,525,000 Attorney
Carini Peter J $3,375,000 Attorney
Cumming Jack W $3,700,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Logan Daniel M $4,074,000
Previous Owner Petcoff James G $3,000,000
Previous Owner Carini Peter J $2,193,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $5,820,000 -3.0% $1,300 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $6,000,000 +8.6% $1,340 / Sq Ft
03/28/2018 03/28/18 Sold $5,525,000 -9.4% $1,215 / Sq Ft
02/03/2018 02/03/18 Pending -- -- --
01/26/2018 01/26/18 For Sale $6,100,000 +80.7% $1,341 / Sq Ft
07/15/2013 07/15/13 Sold $3,375,000 0.0% $742 / Sq Ft
06/15/2013 06/15/13 Pending -- -- --
10/29/2012 10/29/12 For Sale $3,375,000 -- $742 / 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
2025 $42,402 $4,225,450 -- $4,225,450
2024 $42,179 $4,225,450 -- $4,225,450
2023 $42,179 $4,090,387 $0 $4,090,387
2022 $45,318 $4,133,647 $0 $4,133,647
2021 $40,487 $3,545,825 $0 $3,545,825
2020 $39,591 $3,501,055 $0 $3,501,055
2019 $39,877 $3,501,055 $0 $3,501,055
2018 $37,011 $3,254,820 $0 $3,254,820
2017 $34,360 $2,998,125 $0 $2,998,125
2016 $33,285 $2,906,200 $0 $0
2015 $32,709 $2,814,275 $0 $0
2014 -- $2,682,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 221038810

Naples Area Board of REALTORS®

APN: 23450000666