NOT LISTED FOR SALE

Estimated Value: $1,949,000 - $2,253,000

3 Beds
2.5 Baths
1,880 Sq Ft
1967 Built

Sale Details

Date Sold: September 28, 2023

Last sale price $2,500,000 $1,330 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $14,514 / mo

82 Days on Market

Highlights

  • Community Boat Dock
  • Home fronts navigable water
  • Deck
  • Lake Park Elementary School Rated A
  • Bay View
  • Lanai

About This Home

As of September 2023

RARE FIFTH FLOOR corner residence in iconic Bay Terrace, the mid-century gem with direct frontage on Naples Bay, and the only high rise in Olde Naples. Bay Terrace is your only opportunity to live above the third floor in Olde Naples. This light and bright home showcases panoramic water and city views from Golden Gate to Marco Island. Enjoy downtown living, convenient boating and ever changing sunrises from this home, with its great location, private docks and eastern exposure. The location, steps to the Naples Yacht club, offers an easy walk to the City Dock, the exceptional restaurants and shops of Third Street South, and Naples stunning beaches. Owners enjoy guest suites for extended family and friends, boat slips for annual lease, secure under building parking, and indoor storage. A 24 hour on-site manager, electric, A/C, heat, water, sewer and basic cable are included in the quarterly condo fee.

Last Agent to Sell the Property

Katherine Lewis

Douglas Elliman Florida, LLC Listed on: 06/15/2023

Douglas Elliman Florida, LLC

Last Buyer's Agent

Jeff Little

Premier Sotheby's Int'l Realty

Premier Sotheby's Int'l Realty
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,430

Year Built

  • Built in 1967

Lot Details

  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • East Facing Home

HOA Fees

  • $2,017 Monthly HOA Fees

Parking

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

Property Views

  • Bay
  • City
  • Canal

Home Design

  • Entry on the 5th floor
  • Flat Roof Shape
  • Concrete Block With Brick
  • Silver Rolled Roof
  • Metal Construction or Metal Frame
  • Stucco

Interior Spaces

  • 1,880 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Bar
  • Corner Fireplace
  • Electric Shutters
  • Casement Windows
  • Combination Dining and Living Room
  • Storage
  • Carpet
  • Monitored

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Sinks
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • No Fixed Bridges
  • Seawall
  • Dock has access to electricity and water
  • Dock made with wood
  • Leased Dock
  • Balcony
  • Deck
  • Lanai

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 02580600009

Community Details

Overview

  • 28 Units
  • High-Rise Community
  • Bay Terrace Condos
  • Olde Naples Community
  • Mandatory home owners association
  • Car Wash Area

Amenities

  • Business Center
  • Laundry Facilities
  • Elevator
  • Bike Room

Recreation

  • Community Boat Dock
  • Boating
  • Gulf Boat Access

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,430

Year Built

Built in 1967

Lot Details

0 Sq Ft Lot

HOA Fees

$2,017 per month

Parking

1

Listing Details

  • Legal Description: BAY TERRACE A CONDOMINIUM UNIT 5-C
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.130874578159602$-81.79612665061174$82.37$13.33$1.00$WAo6GvALqSQ8ToNUBY1SLQ
  • Building Design: High Rise (8+)
  • Building Description: Corner
  • Storm Protection: Electric Shutters
  • Year Built: 1967
  • Directions: 41 South past Fifth Ave S, Right (West) on Broad St, Left (South) on 7th St, left into Bay Terrace driveway just past 13th Ave S. Drive through garage to park on south side. Do not park in garage.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 5
  • Price Per Sq Ft: 1329.79
  • Total Floors: 1
  • Additional Rooms: Balcony, Open Porch/Lanai
  • Estimated Living Area: 1880
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Living Dining, Eat-in Kitchen
  • Elevator: Common
  • Equipment: Dishwasher, Microwave, Refrigerator/Freezer, Smoke Detector
  • Flooring: Carpet
  • Floor Plan: Other
  • Interior Amenities: Bar, Built-In Cabinets, Internet Available, Smoke Detectors, Wet Bar
  • Primary Bathroom: Combo Tub And Shower, Dual Sinks
  • Windows: Casement

Exterior Features

  • Gulf Access: Yes
  • Private Pool: No
  • Private Spa: No
  • Roof: Built-Up Or Flat, Rolled Roof
  • Construction: Concrete Block, Metal Frame
  • Gulf Access Type: No Bridge(s)/Water Direct
  • Boat Access: Dock Lease, Electricity Available at Dock, Water Avail at Dock, Wooden Dock
  • Irrigation: Central
  • Road: City Maintained, Paved Road, Public Road
  • View: Bay, Canal, City
  • Exterior Features: Deck, Storage
  • Exterior Finish: Stucco
  • Waterfront Type: Bay, Navigable, Seawall

Garage/Parking

  • Carport Description: Attached
  • Carport Spaces: 1
  • Garage Description: Attached
  • Garage Spaces: 1
  • Parking: 1 Assigned, Driveway Paved

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric, Heat Pump
  • Security: Monitored Alarm, Entry Keypad
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Approval: Application Fee, Buyer, Interview
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Architectural, Deeded, No Commercial, No Rental
  • Sub Condo Name: BAY TERRACE
  • Condo Fees: 6051.58
  • Condo Fee Frequency: Quarterly
  • Maintenance: Cable, Insurance, Irrigation Water, Laundry Facilities, Lawn/Land Maintenance, Legal/Accounting, Manager, Other, Pest Control Exterior, Repairs, Reserve, Sewer, Trash Removal, Water
  • Development Name: OLDE NAPLES

Association/Amenities

  • Pets: Not Allowed
  • Development: Olde Naples
  • Amenities: Bike Storage, Business Center, Common Laundry, Community Boat Dock, Vehicle Wash Area
  • Community Type: Boating
  • Units In Building: 28
  • Total Number of Units: 28

Fee Information

  • Application Fee: 150.00

Schools

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

Lot Info

  • Builder Product: No
  • Section: 10
  • Total Area: 2064
  • Waterfront: Yes
  • Rear Exposure: East
  • Lot Description: Zero Lot Line
  • Parcel Number: 02580600009

Rental Info

  • Lease Limits: No

Tax Info

  • Tax Description: City And County
  • Taxes: 11429.98
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Sep 28, 2023
Sold by
Bought by
Seller's Agent
Katherine Lewis
Douglas Elliman Florida, LLC
Buyer's Agent
Jeff Little
Premier Sotheby's Int'l Realty
List Price
$2,500,000
Sold Price
$2,500,000
Views
70
Current Estimated Value
$2,042,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$457,525
Avg. Annual Appreciation
-5.27%

Purchase Details

Closed on
Jul 16, 2018
Sold by
Bought by

Purchase Details

Closed on
Jan 12, 2010
Sold by
Bought by

Purchase Details

Closed on
Apr 6, 2001
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Downtown Naples, FL

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,500,000 None Listed On Document
-- Attorney
-- Attorney
$500,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/28/2023 09/28/23 Sold $2,500,000 0.0% $1,330 / Sq Ft
09/05/2023 09/05/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $2,500,000 -- $1,330 / Sq Ft
Source: Naples Area Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $15,507 $1,760,900 $1,760,900
2025 $15,970 $1,751,900 $1,751,900
2024 $12,832 $1,751,900 $1,751,900
2023 $12,832 $1,198,674 $0 $0
2022 $11,430 $1,089,704 $0 $0
2021 $10,165 $990,640 $0 $990,640
2020 $9,853 $970,640 $0 $970,640
2019 $9,962 $970,640 $0 $970,640
2018 $9,543 $931,520 $0 $931,520
2017 $9,036 $867,606 $0 $0
2016 $8,503 $788,733 $0 $0
2015 $7,708 $717,030 $0 $0
2014 -- $651,845 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Naples Area Board of REALTORS®

MLS Number: 223044530

Naples Area Board of REALTORS®

APN: 02580600009

Your Personal Tour Guide

Ask me questions while you tour the home.