K
Seller's Agent in 2022
Katherine Lewis
Douglas Elliman Florida, LLC
(774) 772-1707
4 in this area
14 Total Sales
1325 7th St S Unit 8A Naples, FL 34102
Downtown Naples NeighborhoodEstimated Value: $1,171,000 - $1,751,000
2
Beds
2
Baths
1,536
Sq Ft
$1,229/mo
HOA Fee
Highlights
- Boat Dock
- Property Fronts a Bay or Harbor
- Ocean To Bay Views
- Lake Park Elementary School Rated A
- Penthouse
- Deck
About This Home
As of June 2022RARE PENTHOUSE on top of the only high rise in Olde Naples. This stunning home showcases panoramic views from Naples Bay to Marco Island to the Gulf of Mexico. Enjoy downtown living, convenient boating and ever changing sunsets from this home in Bay Terrace, with its great location, private docks and western exposure. Completely remodeled and furnished by an eminent London designer with high end custom cabinetry in all rooms, which highlight the boating lifestyle and mid century design of the building. Bay Terrace is located directly on Naples Bay and offers an easy walk to the City Dock, Third Street South and beach areas. Residents of Bay Terrace enjoy guest suites for extended family and friends, boat slips for annual lease, and under building parking and indoor storage.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,325
Year Built
- Built in 1967
Lot Details
- Property Fronts a Bay or Harbor
- End Unit
- West Facing Home
HOA Fees
- $1,229 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- 1 Attached Carport Space
- Guest Parking
- 1 Parking Garage Space
- Deeded Parking
Property Views
- Ocean To Bay
- Bay
- Gulf
Home Design
- Penthouse
- Entry on the 8th floor
- Flat Roof Shape
- Concrete Block With Brick
- Silver Rolled Roof
- Metal Construction or Metal Frame
- Stucco
Interior Spaces
- 1,536 Sq Ft Home
- 1-Story Property
- Wet Bar
- Custom Mirrors
- Corner Fireplace
- Electric Shutters
- Casement Windows
- Great Room
- Combination Dining and Living Room
Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
- Wine Cooler
- Kitchen Island
- Built-In or Custom Kitchen Cabinets
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Built-In Bedroom Cabinets
- 2 Full Bathrooms
- Dual Sinks
- Jetted Tub and Shower Combination in Primary Bathroom
Home Security
Outdoor Features
- No Fixed Bridges
- Seawall
- Dock has access to electricity
- Leased Dock
- Balcony
- Deck
- Lanai
- Loading Dock or Area
Schools
- Lake Park Elementary School
- Gulfview Middle School
- Naples High School
Utilities
- Central Heating and Cooling System
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 02581000006
Community Details
Overview
- 28 Units
- High-Rise Condominium
- Bay Terrace Condos
- Car Wash Area
Amenities
- Recreation Room
- Laundry Facilities
- Elevator
- Lobby
- Bike Room
- Community Storage Space
Recreation
- Boat Dock
- Boating
- Fishing Pier
- Gulf Boat Access
Pet Policy
- No Pets Allowed
Security
- Card or Code Access
- Phone Entry
- High Impact Windows
- High Impact Door
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 13, 2022
Closed on
Jun 15, 2022
Sold by
Sfeb 2005 Trust
Bought by
Norman W Edmund Gst Exempt Trust
Seller's Agent
Katherine Lewis
Douglas Elliman Florida, LLC
Buyer's Agent
Amanda Van Slyke
Compass Florida LLC
List Price
$2,250,000
Sold Price
$2,250,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$837,796
Avg. Annual Appreciation
-12.66%
Purchase Details
Closed on
Mar 22, 2005
Sold by
Grant P Scott
Bought by
Gibson Pamela M and Jones Perry C
Purchase Details
Closed on
Feb 26, 1999
Sold by
Hedges James R and Hedges Lund M
Bought by
Grant P Scott
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.79%
Purchase Details
Closed on
Apr 18, 1997
Sold by
Trounson Laura Mcclanathan and Mcclanathan Laura
Bought by
Hedges James R and Hedges Lund M
Purchase Details
Closed on
Apr 16, 1997
Sold by
Jeffries Maureen
Bought by
Hedges James R and Hedges Lund M
Purchase Details
Closed on
Apr 15, 1997
Sold by
Mcdonough Thomas R and Mcdonough Donna
Bought by
Hedges James R and Hedges Lund M
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Norman W Edmund Gst Exempt Trust | $2,250,000 | None Listed On Document | |
| Gibson Pamela M | $800,000 | -- | |
| Grant P Scott | $350,000 | -- | |
| Hedges James R | -- | -- | |
| Hedges James R | -- | -- | |
| Hedges James R | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Grant P Scott | $240,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/15/2022 06/15/22 | Sold | $2,250,000 | 0.0% | $1,465 / Sq Ft |
| 04/25/2022 04/25/22 | Pending | -- | -- | -- |
| 04/13/2022 04/13/22 | For Sale | $2,250,000 | -- | $1,465 / Sq Ft |
Source: Naples Area Board of REALTORS®
Tax History Compared to Growth
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 | $11,154 | $1,223,650 | -- | $1,223,650 |
| 2024 | $10,636 | $1,223,650 | -- | $1,223,650 |
| 2023 | $10,636 | $1,149,350 | $0 | $1,149,350 |
| 2022 | $8,168 | $785,224 | $0 | $0 |
| 2021 | $7,325 | $713,840 | $0 | $713,840 |
| 2020 | $7,247 | $713,840 | $0 | $713,840 |
| 2019 | $7,326 | $713,840 | $0 | $713,840 |
| 2018 | $6,832 | $650,192 | $0 | $0 |
| 2017 | $6,363 | $591,084 | $0 | $0 |
| 2016 | $5,978 | $537,349 | $0 | $0 |
| 2015 | $5,263 | $488,499 | $0 | $0 |
| 2014 | -- | $444,090 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Katherine Lewis
-
Amanda Van Slyke
Buyer's Agent in 2022
Amanda Van Slyke
Compass Florida LLC
(305) 851-2820
5 in this area
60 Total Sales
Map
Source: Naples Area Board of REALTORS®
MLS Number: 222027272
APN: 02581000006
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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