NOT LISTED FOR SALE

Estimated Value: $3,267,000 - $4,257,000

4 Beds
4.5 Baths
3,290 Sq Ft
$2,198/mo HOA Fee

Last Sold October 16, 2024

Last sale price $3,950,000 $1,201 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $21,736/month

150 Days on Market

Highlights

  • Fishing Pier
  • Property Fronts a Bay or Harbor
  • Mangrove Front
  • Veterans Memorial Elementary School Rated A
  • Fitness Center
  • 24-Hour Guard

About This Home

As of October 2024

TOWER 400 has just been completed, and unit 704 is a blank canvas with a neutral palette for you to make it your own. The residences at Kalea Bay are designed to be a coastal retreat, where peace, comfort, and convenience come together for a rich and carefree lifestyle.
This luxurious 4-bedroom, 4.5-bath unit features a private elevator that opens directly into your home. It includes 3 guest en-suites, high ceilings, and floor-to-ceiling sliding doors that span the entire width of the generous 3,290 sqft unit. The "04" floor plan offers the largest lanai with over 600 sqft of outdoor living space.
The kitchen and main living area face the Gulf of Mexico, ensuring you never miss a sunset. The designer kitchen seamlessly blends into the living and dining rooms, perfect for casual entertaining. It includes Subzero and Wolf appliances, as well as a butler's pantry with an additional sink.
The owner’s suite features sliding doors leading out to the lanai, a spacious walk-in closet, and a tranquil bath with dual vanities and a soaking tub. Kalea Bay has thought of everything, so you can move in, bring your furniture, and start enjoying a carefree coastal lifestyle immediately. World-class amenities are just a few steps away.

Last Agent to Sell the Property

Inga Lodge

Luxe Naples Real Estate Listed on: 05/06/2024

Co-Listed By

Lori Pheasant

Luxe Naples Real Estate

Last Buyer's Agent

Austin Kellam

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $813

Year Built

  • Built in 2024

Lot Details

  • Property Fronts a Bay or Harbor
  • Property fronts a private road
  • Southwest Facing Home
  • Gated Home
  • Fruit Trees

HOA Fees

Parking

  • 2 Car Attached Garage
  • Common or Shared Parking
  • Guest Parking
  • Parking Garage Space
  • Deeded Parking
  • Secure Parking

Property Views

  • Woods
  • Mangrove

Home Design

  • Contemporary Architecture
  • Entry on the 7th floor
  • Flat Roof Shape
  • Concrete Block With Brick
  • Stucco

Interior Spaces

  • 3,290 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Solar Tinted Windows
  • Great Room
  • Combination Dining and Living Room
  • Den

Kitchen

  • Walk-In Pantry
  • Built-In Self-Cleaning Double Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Bathtub With Separate Shower Stall
  • Multiple Shower Heads

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

Outdoor Features

  • Mangrove Front
  • Pond
  • Waterfront Basin
  • Balcony
  • Water Fountains
  • Lanai

Utilities

  • Zoned Heating and Cooling
  • Underground Utilities
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • $50,000 Secondary HOA Transfer Fee
  • 120 Units
  • Private Membership Available
  • High-Rise Condominium
  • Kalea Bay Tower 400 Condos
  • Kalea Bay Community
  • Car Wash Area

Amenities

  • Restaurant
  • Beauty Salon
  • Sauna
  • Trash Chute
  • Clubhouse
  • Lobby
  • Bike Room
  • Community Storage Space

Recreation

  • Fishing Pier
  • Beach Club Membership Available
  • Tennis Courts
  • Pickleball Courts
  • Bocce Ball Court
  • Fitness Center
  • Exercise Course
  • Dog Park
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Guard
  • Card or Code Access
  • Phone Entry
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$813

Year Built

Built in 2024

Lot Details

0

HOA Fees

$2,198 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.29624243671228$-81.81861935434921$261.88$13.33$1.00$FTD4sLBHp2nAqr7v6g_nWg
  • Building Design: High Rise (8+)
  • Building Description: Contemporary
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 2024
  • Directions: Sales Center is located off Vanderbilt Drive, just north of Wiggins Pass Road.
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 7
  • Price Per Sq Ft: 1200.61
  • Total Floors: 1
  • Additional Rooms: Balcony, Den/Study, Great Room, Guest Bath, Guest Room, Laundry in Residence, Open Porch/Lanai
  • Estimated Living Area: 3290
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 4 Bed
  • Total Bedrooms: 4
  • Dining Room: Living Dining
  • Elevator: Private
  • Equipment: Cooktop - Gas, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator/Freezer, Refrigerator/Icemaker, Self Cleaning Oven, Smoke Detector, Steam Oven, Tankless Water Heater, Wall Oven, Washer
  • Flooring: Tile, Wood
  • Floor Plan: Great Room, Split Bedrooms
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Fire Sprinkler, Foyer, Internet Available, Laundry Tub, Pantry, Smoke Detectors, Walk-In Closet
  • Kitchen: Gas Available, Island, Walk-In Pantry
  • Primary Bathroom: Dual Sinks, Multiple Shower Heads, Separate Tub And Shower
  • Windows: Impact Resistant, Solar Tinted, Thermal

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Built-Up Or Flat
  • Construction: Concrete Block
  • Irrigation: Assessment Paid
  • Road: Paved Road, Private Road
  • View: Basin, Bay, Gulf, Gulf and Bay, Landscaped Area, Mangroves, Pool/Club, Preserve, Water, Water Feature, Wooded Area
  • Exterior Features: Fruit Trees, Pond, Private Road, Water Display
  • Exterior Finish: Stucco
  • Waterfront Type: Basin, Bay, Mangrove

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: Common, Covered, Deeded, Guest, Under Bldg Closed

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric, Zoned
  • Heat: Central Electric, Zoned
  • Security: Entry Keypad, Entry Phone, Secured Garage, Gated, Guard At Gate, Lobby, Patrolled
  • Sewer: Central
  • Water: Central
  • Gas Description: Natural

Condo/Co-op/Association

  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Limited Number Vehicles, No Commercial, No RV
  • Sub Condo Name: KALEA BAY TOWER 400
  • Condo Fees: 4516.66
  • Condo Fee Frequency: Quarterly
  • Maintenance: Cable, Insurance, Internet/WiFi Access, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Recreational Facilities, Reserve, Security, Sewer, Street Lights, Street Maintenance, Trash Removal, Water
  • Master Hoa Fee: 263.85
  • Master HOA Fee Frequency: Quarterly
  • Club Fee Mandatory: 7250
  • Club Fee Mandatory Frequency: Annually
  • Development Name: KALEA BAY

Association/Amenities

  • Pets: No Approval Needed
  • Development: Kalea Bay
  • Amenities: Beach Club Available, Beauty Salon, Bike And Jog Path, Bike Storage, Bocce Court, Clubhouse, Community Pool, Community Room, Dog Park, Electric Vehicle Charging, Exercise Room, Extra Storage, Fishing Pier, Fitness Center Attended, Guest Room, Internet Access, Pickleball, Private Membership, Restaurant, Sauna, Sidewalk, Streetlight, Tennis Court, Trash Chute, Underground Utility, Vehicle Wash Area
  • Community Type: Gated, Tennis
  • Units In Building: 120
  • Total Number of Units: 600

Fee Information

  • Transfer Fees: 50000.00
  • Application Fee: 150.00

Lot Info

  • Builder Product: No
  • Total Area: 3922
  • Waterfront: Yes
  • Rear Exposure: Southwest
  • Lot Description: Other

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 4
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: County Only
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2024
Closed on
Oct 16, 2024
Sold by
Sunpalm Holdings & Ventures Llc
Bought by
Jb3 Llc
Seller's Agent
Inga Lodge
Luxe Naples Real Estate
Buyer's Agent
Austin Kellam
Coldwell Banker Realty
List Price
$4,195,000
Sold Price
$3,950,000
Premium/Discount to List
-$245,000
-5.84%
Views
18
Current Estimated Value
$3,719,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$230,308
Avg. Annual Appreciation
-5.67%

Purchase Details

Closed on
May 6, 2024
Sold by
Lodge/Abbott Associates Llc
Bought by
Sunpalm Holdings & Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,833,750
Interest Rate
6.79%
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
Jb3 Llc $3,950,000 None Listed On Document
Sunpalm Holdings & Ventures Llc $2,445,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sunpalm Holdings & Ventures Llc $1,833,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2024 10/16/24 Sold $3,950,000 -1.1% $1,201 / Sq Ft
10/03/2024 10/03/24 Pending -- -- --
07/11/2024 07/11/24 Price Changed $3,995,000 -4.8% $1,214 / Sq Ft
05/06/2024 05/06/24 For Sale $4,195,000 -- $1,275 / 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 $813 $2,588,300 -- $2,588,300
2024 -- $85,000 $85,000 --
2023 -- -- -- --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 224040933

Naples Area Board of REALTORS®

APN: 76960008561