NOT LISTED FOR SALE

1487 Chesapeake Ave Unit 2 Naples, FL 34102

Royal Harbor Neighborhood

Estimated Value: $935,000 - $1,174,000

2 Beds
2 Baths
2,000 Sq Ft
$750/mo HOA Fee

Last Sold February 10, 2020

Last sale price $642,000 $321 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $7,055/month

142 Days on Market

Highlights

  • Private Dock
  • Home fronts navigable water
  • Canal View
  • Lake Park Elementary School Rated A
  • In Ground Pool
  • Vaulted Ceiling

About This Home

As of February 2020

Welcome to Oyster Bay! This fabulous condo is the largest and newest available in Oyster Bay at 2,000 sqft under air. Concrete construction. 2+den/2 Waterfront, overlooking the canal with direct access to Naples Bay and the Gulf of Mexico (no bridges). The home includes your very own private boat dock with electricity and water available. Interior features include granite counter tops, beautiful hardwood flooring, wet-bar with custom wine racks, high ceilings, private screened-in balcony, storage space for beach items / bikes, etc. Condo association with only 4 total units. Includes private swimming pool for residents, spa / hot-tub, and BBQ. Enjoying fishing off your own private dock just steps away from your home. HOA fees include poolcare, lawn cutting, irrigation water, pest control, insurance, repairs, sewer, trash, etc. No hidden fees or assessments. Investors: Condo can be rented (call for rental rates). Perfect for seasonal or year round living. Centrally located: Less than 2 miles to Naples Fishing Pier, Naples White Sandy Beaches, 5th Avenue Restaurants & Shopping, 3rd Street South, Tin City, Marinas, Grocery and more. 6 miles to I-75 and 25 minutes to SWFL Airport.

Last Agent to Sell the Property

Elliot Barton

Waterfront Realty Group Inc License #NAPLES-249525973 Listed on: 08/23/2019

Waterfront Realty Group Inc

Co-Listed By

Todd Culmer

Waterfront Realty Group Inc License #NAPLES-249522676

Last Buyer's Agent

Jason Olson

Berkshire Hathaway FL Realty

Berkshire Hathaway FL Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,480

Year Built

  • Built in 2001

Lot Details

  • Home fronts navigable water
  • Home fronts a canal
  • North Facing Home

HOA Fees

  • $750 Monthly HOA Fees

Property Views

  • Canal
  • Pool

Home Design

  • Condo Hotel
  • Split Level Home
  • Entry on the 2nd floor
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Double Hung Windows
  • Formal Dining Room
  • Den

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Built-In Bedroom Cabinets
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Garage Space
  • Common or Shared Parking

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • No Fixed Bridges
  • Private Dock
  • Dock has access to electricity and water
  • Dock made with wood
  • Screened Balcony
  • Water Fountains

Schools

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

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 07100000042

Community Details

Overview

  • 4 Units
  • Low-Rise Condominium
  • Oyster Bay Condos

Amenities

  • Community Barbecue Grill
  • Bike Room

Recreation

  • Boat Dock
  • Boating
  • Gulf Boat Access
  • Community Pool or Spa Combo

Pet Policy

  • Call for details about the types of pets allowed
  • 2 Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,480

Year Built

Built in 2001

Lot Details

0

HOA Fees

$750 per month

Listing Details

  • Legal Description: EL NIDO A CONDOMINIUM UNIT 2
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.132492$-81.78535$336.76$13.33$1.00$IJLpkcukC5Jwb5Fs26znWg
  • Building Design: Low Rise (1-3)
  • Building Description: 2 Story, Split level
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 2
  • Price Per Sq Ft: 321.00
  • Total Floors: 2
  • Additional Rooms: Laundry in Residence, Screened Balcony, Den/Study
  • Estimated Living Area: 2000
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2+Den
  • Total Bedrooms: 2
  • Dining Room: Breakfast Bar, Living Dining, Formal
  • Equipment: Cooktop - Electric, Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator/Icemaker, Self Cleaning Oven, Smoke Detector, Washer
  • Flooring: Carpet, Wood
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Bar, Built-In Cabinets, Cable Prewire, Closet Cabinets, Fire Sprinkler, High Speed Available, Pantry, Smoke Detectors, Volume Ceiling, Walk-In Closet, Wet Bar, Window Coverings
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Windows: Double Hung

Exterior Features

  • Gulf Access: Yes
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Tile
  • Canal Width: Canal Width 31-80
  • Construction: Concrete Block
  • Gulf Access Type: No Bridge(s)/Water Direct
  • Boat Access: Boat Dock Private, Dock Included, Electricity Available at Dock, Water Avail at Dock, Wooden Dock
  • Irrigation: Assessment Paid
  • Road: City Maintained, Paved Road
  • View: Canal, Pool/Club, Water
  • Exterior Features: Water Display
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground
  • Private Spa Type: Below Ground
  • Waterfront Type: Canal, Navigable

Garage/Parking

  • Parking: 1 Assigned, Common

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Assessment Paid
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 2398777457
  • Approval: Application Fee, Buyer
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Limited Number Vehicles, No Motorcycles, No RV, No Truck
  • Sub Condo Name: OYSTER BAY
  • Condo Fees: 2250
  • Condo Fee Frequency: Quarterly
  • Maintenance: Fidelity Bond, Insurance, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Recreational Facilities, Repairs, Reserve, Sewer

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 2
  • Development: Oyster Bay
  • Amenities: BBQ - Picnic, Bike Storage, Community Boat Dock, Community Gulf Boat Access, Community Pool, Community Spa/Hot tub
  • Community Type: Boating, Condo/Hotel
  • Units In Building: 4
  • Total Number of Units: 4

Fee Information

  • Application Fee: 100.00

Schools

  • Elementary School: LAKE PARK ELEMENTARY
  • Middle School: GULFVIEW MIDDLE SCHOOL
  • High School: NAPLES HIGH SCHOOL
  • Elementary School: Lake Park Elementary
  • High School: Naples High School
  • Middle School: Gulfview Middle School

Lot Info

  • Builder Product: No
  • Lot Unit: 2
  • Section: 10
  • Total Area: 2050
  • Waterfront: Yes
  • Rear Exposure: North
  • Lot Description: Zero Lot Line
  • Parcel Number: 07100000042

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 3
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: City And County
  • Taxes: 5480.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2019
Closed on
Feb 10, 2020
Sold by
Torrice Jeffery and Mcpherson Michelle L
Bought by
Stimson Thomas B and Stimson Terri A
Seller's Agent
Elliot Barton
Waterfront Realty Group Inc
Buyer's Agent
Jason Olson
Berkshire Hathaway FL Realty
List Price
$700,000
Sold Price
$642,000
Premium/Discount to List
-$58,000
-8.29%
Current Estimated Value
$1,059,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,080
Avg. Annual Appreciation
9.30%
Original Mortgage
$510,000
Outstanding Balance
$452,595
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$606,485

Purchase Details

Listed on
Jan 17, 2017
Closed on
Jul 10, 2017
Sold by
Ladic David C
Bought by
Torrice Jeffery and Mcpherson Michelle L
Seller's Agent
Sherry Irvin
Premier Sotheby's Int'l Realty
Buyer's Agent
Patricia Gandolfo
INACTIVE AGENT ACCT
List Price
$609,900
Sold Price
$609,000
Premium/Discount to List
-$900
-0.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.06%
Original Mortgage
$457,500
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 2, 2004
Sold by
A & D Jauregui Development Corp
Bought by
Ladic David C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Stimson Thomas B $642,000 Attorney
Torrice Jeffery -- Attorney
Torrice Jeffrey $610,000 Attorney
Torrice Jeffrey $610,000 Attorney
Ladic David C $525,000 Tropical Title Insurance Age
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stimson Thomas B $510,000
Previous Owner Torrice Jeffrey $457,500
Previous Owner Ladic David C $420,000
Closed Ladic David C $52,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2020 02/10/20 Sold $642,000 -8.3% $321 / Sq Ft
01/12/2020 01/12/20 Pending -- -- --
08/23/2019 08/23/19 For Sale $700,000 +14.9% $350 / Sq Ft
07/11/2017 07/11/17 Sold $609,000 -0.1% $312 / Sq Ft
06/20/2017 06/20/17 Pending -- -- --
01/17/2017 01/17/17 For Sale $609,900 -- $313 / 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 $8,281 $900,000 -- $900,000
2024 $8,398 $900,000 -- $900,000
2023 $8,398 $900,000 $0 $900,000
2022 $6,744 $589,600 $0 $0
2021 $5,768 $536,000 $0 $536,000
2020 $5,539 $520,000 $0 $520,000
2019 $5,489 $510,000 $0 $510,000
2018 $5,480 $510,000 $0 $510,000
2017 $5,186 $480,000 $0 $480,000
2016 $4,973 $447,700 $0 $0
2015 $4,604 $407,000 $0 $0
2014 $4,168 $370,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Elliot Barton

    Seller's Agent in 2020

    Elliot Barton

    Waterfront Realty Group Inc

    (810) 531-0350

    2 in this area

    141 Total Sales

    Elliot Barton
    Section Image
  • Todd Culmer

    Seller Co-Listing Agent in 2020

    Todd Culmer

    Waterfront Realty Group Inc

    (239) 919-2379

    2 in this area

    127 Total Sales

    Todd Culmer
    Section Image

  • J

    Buyer's Agent in 2020

    Jason Olson

    Berkshire Hathaway FL Realty

    (239) 272-9312

    1 in this area

    18 Total Sales

    Jason Olson
    Section Image
  • Sherry Irvin

    Seller's Agent in 2017

    Sherry Irvin

    Premier Sotheby's Int'l Realty

    (239) 825-2786

    40 in this area

    85 Total Sales

    Sherry Irvin
    Section Image

  • P

    Buyer's Agent in 2017

    Patricia Gandolfo

    INACTIVE AGENT ACCT

    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 219054412

Naples Area Board of REALTORS®

APN: 07100000042

Florida Collier County Naples 34102 Royal Harbor

1487 Chesapeake Ave Unit 2, Naples, FL

This home is located at 1487 Chesapeake Ave Unit 2, Naples, FL 34102 since 23 August 2019 and is currently estimated at $1,059,080, approximately $529 per square foot. This property was built in 2001. 1487 Chesapeake Ave Unit 2 is a home located in Collier County with nearby schools including Lake Park Elementary School, Naples High School, and Gulfview Middle School.

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.

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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