NOT LISTED FOR SALE

1325 7th St S Unit 3A Naples, FL 34102

Downtown Naples Neighborhood

Estimated Value: $1,000,000 - $1,540,000

2 Beds
2 Baths
1,730 Sq Ft
1967 Built

Last Sold May 20, 2016

Last sale price $585,000 $338 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $7,594/month

85 Days on Market

About This Home

As of May 2016

LOCATION! LOCATION! Always buy location and Bay Terrace definitely has it. This stately Olde Naples building sits directly on Naples Bay next to the Naples Yacht Club. An easy walk to the City Dock, Third Street Shopping and Naples best beach area. Built solidly of concrete block, it compares very favorably with new construction. Recent updates include new hurricane proof windows and brick paver driveways. The great room floor plan with sliders to balcony and large windows create a light and bright atmosphere. It has partial Bay views along with those of the large front lawn and our spectacular SW Florida sunsets. The unit is tastefully furnished and is being offered turnkey so all you need is your suitcase. There are 4 guest apartments in the building available for friends and relatives and BOAT SLIPS are available for annual lease. There is secure under building parking, an on-site maintenance manager and all electric, A/C, heat, water and sewer, and cable are included in the quarterly condo fee. The Naples lifestyle as it was meant to be!

Last Agent to Sell the Property

Larry Bresnahan Jr

INACTIVE AGENT ACCT License #NAPLES-249501004 Listed on: 02/04/2016

Last Buyer's Agent

Larry Bresnahan Jr

INACTIVE AGENT ACCT License #NAPLES-249501004 Listed on: 02/04/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,262

Year Built

  • 1967

Home Design

  • Mid Level
  • Entry on the 3rd floor

Interior Spaces

  • 1,730 Sq Ft Home
  • Furnished
  • Furnished or left unfurnished upon request

Listing and Financial Details

Community Details

Overview

  • Bay Terrace Condos
  • 7-Story Property

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,262

Year Built

1967

Lot Details

0

Listing Details

  • Legal Description: BAY TERRACE A CONDOMINIUM UNIT 3-A
  • Building Design: Mid Rise (4-7)
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1967

Interior Features

  • Additional Rooms: Balcony, Laundry in Residence
  • Dining Room: Living Dining, Eat-in Kitchen
  • Elevator: Common
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Smoke Detector, Washer
  • Floor Plan: Great Room
  • Flooring: Carpet, Marble, Vinyl
  • Interior Amenities: Built-In Cabinets, Closet Cabinets, Foyer, Smoke Detectors, Window Coverings
  • Primary Bathroom: Combo Tub And Shower
  • Room Count: 4
  • Furnished Description: Furnished
  • Num Unit Floor: 3
  • Price Per Sq Ft: 382.35
  • Total Floors: 7

Exterior Features

  • Roof: Built-Up or Flat
  • Boat Access: Dock Lease
  • Construction: Concrete Block
  • Exterior Finish: Stone, Stucco
  • Gulf Access: No Bridge(s)
  • Irrigation: Central
  • Storm Protection: Impact Resistant Windows, Electric Shutters
  • Windows: Casement

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 1

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Security: Entry Keypad
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Amenities: Bike Storage, Exercise Room, Extra Storage, Guest Room, Library, Vehicle Wash Area
  • Community Type: Boating
  • Maintenance: Cable, Insurance, Irrigation Water, Laundry Facilities, Lawn/Land Maintenance, Legal/Accounting, Manager
  • Approval: Application Fee, Interview
  • Management: Professional
  • Restrictions: No Rental, No RV, No Truck
  • Sub Condo Name: BAY TERRACE

Association/Amenities

  • Units in Building: 28
  • Total Number of Units: 28
  • Pets: Not Allowed
  • Development: Olde Naples

Fee Information

  • Condo Fees: 2385
  • Condo Fee Frequency: Quarterly
  • Application Fee: 175.00

Schools

  • Elementary School: Lake Park Elementary
  • High School: Naples High School
  • Middle School: Gulfview Middle School

Lot Info

  • Rear Exposure: Southwest
  • View: Landscaped Area, Partial Bay
  • Waterfront: Bay, Navigable
  • Section: 10
  • Total Area: 1730

Tax Info

  • Tax Description: City And County, No Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2016
Closed on
May 20, 2016
Sold by
Grossklag Nancy Kingsbury and Grossklag Nancy Kingsbury
Bought by
Morin David and Morin Natalie
Seller's Agent
Larry Bresnahan Jr
INACTIVE AGENT ACCT
Buyer's Agent
Larry Bresnahan Jr
INACTIVE AGENT ACCT
List Price
$735,000
Sold Price
$585,000
Premium/Discount to List
-$150,000
-20.41%
Current Estimated Value
$1,291,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$706,784
Avg. Annual Appreciation
8.68%

Purchase Details

Closed on
Feb 16, 2000
Sold by
Grossklag William C and Grossklag Nancy K
Bought by
Grossklag Nancy Kingsbury

Purchase Details

Closed on
May 1, 1998
Sold by
Robinson Margaret R
Bought by
Grosskiag William C and Grosskiag Nancy K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Morin David $299,285 Sunbelt Title Agency
Grossklag Nancy Kingsbury -- --
Grosskiag William C $170,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2016 05/20/16 Sold $585,000 -6.4% $338 / Sq Ft
04/29/2016 04/29/16 Pending -- -- --
04/20/2016 04/20/16 Price Changed $625,000 -5.2% $361 / Sq Ft
04/08/2016 04/08/16 Price Changed $659,000 -2.4% $381 / Sq Ft
03/28/2016 03/28/16 Price Changed $675,000 -4.3% $390 / Sq Ft
03/18/2016 03/18/16 Price Changed $705,000 -4.1% $408 / Sq Ft
02/04/2016 02/04/16 For Sale $735,000 -- $425 / 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 $9,262 $971,928 -- --
2024 $8,661 $883,571 -- --
2023 $8,661 $803,246 $0 $0
2022 $7,607 $730,224 $0 $0
2021 $6,812 $663,840 $0 $663,840
2020 $6,739 $663,840 $0 $663,840
2019 $6,813 $663,840 $0 $663,840
2018 $6,496 $634,120 $0 $634,120
2017 $6,207 $602,400 $0 $602,400
2016 $5,593 $501,049 $0 $0
2015 $4,906 $455,499 $0 $0
2014 $4,457 $414,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Larry Bresnahan Jr

    INACTIVE AGENT ACCT

See All Agents

Map

Source: Naples Area Board of REALTORS®

MLS Number: 216009202

Naples Area Board of REALTORS®

APN: 02580200001

Florida Collier County Naples 34102 Downtown Naples

1325 7th St S Unit 3A, Naples, FL

Not Listed for Sale

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Naples Area Board of REALTORS® The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2025 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

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