NOT LISTED FOR SALE

1550 Gulf Shore Blvd N Unit 5E Naples, FL 34102

Coquina Sands Neighborhood

Estimated Value: $352,000 - $883,000

1 Bed
1.5 Baths
859 Sq Ft
$435/mo HOA Fee

Last Sold March 27, 2024

Last sale price $350,000 $407 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,017/month

73 Days on Market

Highlights

  • Boat Dock
  • Home fronts navigable water
  • Main Floor Primary Bedroom
  • Lake Park Elementary School Rated A
  • Bay View
  • 3-minute walk to Lowdermilk Park

About This Home

As of March 2024

Nestled in serene Coquina Sands, Lago Mar is a charming Bayfront CO-OP delivering timeless allure. Only 16 units in this twin two-story buildings, offering intimate living across the beach. Approx 870 sq ft, this ground-floor 1 bedrm + den & 1.5 bath unit overlooks Moorings Bay, perfect for daily relaxation. Undergoing a thorough renovation, expect modern upgrades like SS appliances, quartz countertops, polished concrete flooring, 2 heating/cooling mini split systems, a versatile lanai usable as an office/den & IMPACT windows & doors. Plus, an in-residence laundry room adds convenience.
Indulge in coastal living w/ amenities like a fishing pier & wooden dock allowing 3-day boat tie-up. Enjoy proximity to Naples' attractions: the beach, bay, and a short bike ride to Naples Pier, 5th Avenue restaurants, and 3rd street shopping. In 2025, the Naples Beach Club, a Four Seasons Resort, will elevate the area. This unit is scheduled for completion by March/April 2024, this renovation presents a unique opportunity for the discerning buyer to customize some items or stick with our design choices. Embrace this opportunity for a personalized coastal haven at Lago Mar.

Last Agent to Sell the Property

Desi Deswal

Downing Frye Realty Inc. License #NAPLES-267510413 Listed on: 12/01/2023

Downing Frye Realty Inc.

Last Buyer's Agent

Lohra Ballinger

Sun Realty License #NAPLES-249516417

Sun Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $946

Year Built

  • Built in 1963

Lot Details

  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • East Facing Home
  • Land Lease of $886 per quarter

HOA Fees

  • $435 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Concrete Block With Brick
  • Stucco

Interior Spaces

  • 859 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Combination Dining and Living Room
  • Den
  • Concrete Flooring
  • Bay Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Built-In Bedroom Cabinets
  • Dual Sinks
  • Shower Only

Laundry

  • Laundry Room
  • Washer Hookup

Home Security

Parking

  • 1 Parking Garage Space
  • Guest Parking
  • Deeded Parking

Outdoor Features

  • Fixed Bridges

Utilities

  • Zoned Cooling
  • Cooling System Mounted In Outer Wall Opening
  • Tankless Water Heater
  • Cable TV Available

Community Details

Overview

  • 8 Units
  • Low-Rise Condominium
  • Lago Mar Condos
  • Coquina Sands Community

Recreation

  • Boat Dock
  • Fishing Pier
  • Gulf Boat Access

Pet Policy

  • No Pets Allowed

Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$946

Year Built

Built in 1963

Lot Details

0

HOA Fees

$435 per month

Listing Details

  • Legal Description: LAGO MAR (COOP) APT 5E
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.164249$-81.809003$101.35$13.33$1.00$KoRVHDXb3uyVthfsqiZWpQ
  • Building Design: Low Rise (1-3)
  • Building Description: 2 Story
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 1963
  • Directions: Head north on 9th St N/Tamiami Trail N toward 7th Ave N, Turn left onto Banyan Blvd, At the traffic circle, continue straight to stay on Banyan Blvd, Turn right onto Gulf Shore Blvd N, Destination will be on the right
  • Property Information: Nestled in serene Coquina Sands, Lago Mar is a charming Bayfront CO-OP delivering timeless allure. Only 16 units in this twin two-story buildings, offering intimate living across the beach. Approx 870 sq ft, this ground-floor 1 bedrm + den & 1.5 bath unit overlooks Moorings Bay, perfect for daily relaxation. Undergoing a thorough renovation, expect modern upgrades like SS appliances, quartz countertops, polished concrete flooring, 2 heating/cooling mini split systems, a versatile lanai usable as an office/den & IMPACT windows & doors. Plus, an in-residence laundry room adds convenience. Indulge in coastal living w/ amenities like a fishing pier & wooden dock allowing 3-day boat tie-up. Enjoy proximity to Naples' attractions: the beach, bay, and a short bike ride to Naples Pier, 5th Avenue restaurants, and 3rd street shopping. In 2025, the Naples Beach Club, a Four Seasons Resort, will elevate the area. This unit is scheduled for completion by March/April 2024, this renovation presents a unique opportunity for the discerning buyer to customize some items or stick with our design choices. Embrace this opportunity for a personalized coastal haven at Lago Mar.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 407.45
  • Total Floors: 2
  • Room Count: 6
  • Additional Rooms: Den/Study, Laundry in Residence
  • Estimated Living Area: 859
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Bedroom Description: Master BR Ground
  • Bedrooms: 1+Den
  • Total Bedrooms: 1
  • Dining Room: Living Dining
  • Equipment: Cooktop, Dishwasher, Disposal, Microwave, Refrigerator/Freezer, Refrigerator/Icemaker, Smoke Detector, Tankless Water Heater, Wall Oven, Washer/Dryer Hookup, Wine Cooler
  • Flooring: Concrete
  • Floor Plan: Great Room
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Closet Cabinets, Internet Available, Smoke Detectors
  • Primary Bathroom: Dual Sinks, Shower Only
  • Windows: Impact Resistant

Exterior Features

  • Gulf Access: Yes
  • Private Pool: No
  • Private Spa: No
  • Roof: Built-Up Or Flat
  • Canal Width: 81-120
  • Construction: Concrete Block
  • Gulf Access Type: Bridge(s)/Water Indirect
  • Irrigation: Other
  • View: Bay
  • Exterior Finish: Stucco
  • Waterfront Type: Bay, Navigable

Garage/Parking

  • Parking: 1 Assigned, Guest

Utilities

  • Cable Available: Yes
  • Cooling: Wall Unit, Zoned
  • Heat: Wall Unit, Zoned
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239-596-7200
  • Approval: Application Fee, Buyer, Tenant
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded, Limited Number Vehicles, No Commercial, No Corporate Buyer, No Motorcycles, No RV
  • Sub Condo Name: LAGO MAR
  • Condo Fees: 1304.12
  • Condo Fee Frequency: Quarterly
  • Maintenance: Insurance, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Pest Control Exterior, Repairs, Reserve, Sewer, Trash Removal, Water
  • Development Name: COQUINA SANDS

Association/Amenities

  • Pets: Not Allowed
  • Development: Coquina Sands
  • Amenities: Community Boat Dock, Fishing Pier
  • Community Type: Non-Gated
  • Units In Building: 8
  • Total Number of Units: 16

Fee Information

  • Application Fee: 150.00
  • Land Lease Fee: 885.84
  • Land Lease Fee Freq: Quarterly

Lot Info

  • Builder Product: No
  • Total Area: 859
  • Waterfront: Yes
  • Rear Exposure: East
  • Lot Description: Zero Lot Line

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 1
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: City And County, No Homestead
  • Taxes: 945.63
  • Tax Year: 2023

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2024 03/27/24 Sold $350,000 -18.6% $407 / Sq Ft
02/12/2024 02/12/24 Pending -- -- --
02/02/2024 02/02/24 Price Changed $430,000 -2.3% $501 / Sq Ft
12/01/2023 12/01/23 For Sale $440,000 -- $512 / Sq Ft
Source: Naples Area Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Desi Deswal

    Seller's Agent in 2024

    Desi Deswal

    Downing Frye Realty Inc.

    (239) 537-3307

    2 in this area

    39 Total Sales

    Desi Deswal
    Section Image
  • Lohra Ballinger

    Buyer's Agent in 2024

    Lohra Ballinger

    Sun Realty

    (866) 595-6025

    1 in this area

    30 Total Sales

    Lohra Ballinger
    Section Image
See All Agents

Map

Source: Naples Area Board of REALTORS®

MLS Number: 223088808

Naples Area Board of REALTORS®

APN: 10980520001

Florida Collier County Naples 34102 Coquina Sands

1550 Gulf Shore Blvd N Unit 5E, Naples, FL

This home is located at 1550 Gulf Shore Blvd N Unit 5E, Naples, FL 34102 since 01 December 2023 and is currently estimated at $545,092, approximately $634 per square foot. This property was built in 1963. 1550 Gulf Shore Blvd N Unit 5E 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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