NOT LISTED FOR SALE

2040 Tarpon Bay Dr N Unit 101 Naples, FL 34119

Arrowhead-Island Walk Neighborhood

Estimated Value: $451,000 - $540,000

3 Beds
2 Baths
1,759 Sq Ft
$526/mo HOA Fee

Last Sold April 08, 2022

Last sale price $549,999 $313 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $3,367/month

4 Days on Market

Highlights

  • Fishing Pier
  • Lakefront Beach
  • Carriage House
  • Laurel Oak Elementary School Rated A
  • Views of Preserve
  • Clubhouse

About This Home

As of April 2022

Incredible opportunity to own a freshly updated 1st floor coach style condo home with 2 car attached garage in the Resort Style Community of Tarpon Bay.
Light and bright, spacious with open WOW factor floor plan, large master bedroom suite, split from the additional 2 bedrooms & additional bath. Plantation shutters throughout.
New LV floors throughout, (NO carpet) new stainless steel GE kitchen appliances including what is referred to by the appliance delivery personnel as "The Beast" of all Refrigerators. Tarpon Bay Community is equipped with natural gas, allowing you to enjoy cooking on a brand new 5 burner gas stove.
Giant wrap around Lanai overlooks tranquil natural preserve.
2-10 Home Warranty included for added peace of mind.

Tarpon Bay Boasts an infinity edge swimming pool, hot spa, fitness center, lake front sandy beach, sand volleyball, tennis courts, basketball courts, billiards room, game room, library computer room, fishing pier and more!
Pet friendly community (up to 2 dogs) for owners.
Home is currently a vacation rental, renting at nearly $8,000 per month rent during the winter months
AGENTS: SEE CONFIDENTIAL REMARKS FOR OFFER INSTRUCTIONS.

Last Agent to Sell the Property

Michele Demisay

Premiere Plus Realty Company Listed on: 01/30/2022

Premiere Plus Realty Company

Last Buyer's Agent

Laney Farrugia

Compass Florida LLC

Compass Florida LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,584

Year Built

  • Built in 2004

Lot Details

  • Property fronts a private road
  • North Facing Home
  • Gated Home
  • Sprinkler System

HOA Fees

Parking

  • 2 Car Attached Garage
  • Common or Shared Parking
  • Automatic Garage Door Opener

Home Design

  • Carriage House
  • Entry on the 1st floor
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 1,759 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • 6 Ceiling Fans
  • Ceiling Fan
  • Great Room
  • Combination Dining and Living Room
  • Screened Porch
  • Vinyl Flooring
  • Views of Preserve

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only
  • Multiple Shower Heads

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Schools

  • Laurel Oak Elementary School
  • North Naples Middle School
  • Gulf Coast High School

Utilities

  • Central Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 24160001527
  • Tax Block 17

Community Details

Overview

  • 4 Units
  • Low-Rise Condominium
  • Bimini Bay Condos
  • Lakefront Beach

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Billiard Room
  • Business Center
  • Community Library

Recreation

  • Fishing Pier
  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Bocce Ball Court
  • Community Playground
  • Exercise Course
  • Community Pool or Spa Combo
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Security

  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,584

Year Built

Built in 2004

Lot Details

0

HOA Fees

$526 per month

Parking

2

Listing Details

  • Legal Description: BIMINI BAY III AT TARPON BAY A CONDOMINIUM BLDG 17-101
  • Property Type: Residential
  • Table: Residential
  • Building Design: Low Rise (1-3)
  • Building Description: Carriage/Coach
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Furnished Description: Partially Furnished
  • Numberof Ceiling Fans: 6
  • Num Unit Floor: 1
  • Price Per Sq Ft: 312.68
  • Total Floors: 2
  • Additional Rooms: Great Room, Guest Bath, Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 1759
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: First Floor Bedroom, Master BR Ground, Split Bedrooms
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Breakfast Bar, Living Dining
  • Equipment: Auto Garage Door, Cooktop - Gas, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Refrigerator/Icemaker, Self Cleaning Oven, Washer, Washer/Dryer Hookup
  • Flooring: Vinyl
  • Floor Plan: Great Room, Split Bedrooms
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Fire Sprinkler, Foyer, High Speed Available, Pantry, Smoke Detectors, Tray Ceiling
  • Kitchen: Walk-In Pantry
  • Primary Bathroom: Dual Sinks, Multiple Shower Heads, Shower Only
  • Windows: Impact Resistant

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Central
  • Road: Paved Road
  • View: Preserve
  • Exterior Features: Private Road, Sprinkler Auto, Tennis Court
  • Exterior Finish: Stucco

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: Common, Driveway Paved

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric, Gas - Natural
  • Heat: Central Electric
  • Security: Gated
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Approval: Application Fee, Buyer
  • Management: On-Site
  • Mandatory HOA: Yes
  • Restrictions: Limited Number Vehicles, No Commercial, No RV
  • Sub Condo Name: BIMINI BAY
  • HOA Fees: 667
  • HOA Fee Frequency: Quarterly
  • Maintenance: Cable, Fidelity Bond, Insurance, Internet/WiFi Access, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Pest Control Interior, Recreational Facilities, Repairs, Reserve, Sewer, Street Lights, Street Maintenance, Trash Removal, Water
  • Master Hoa Fee: 912
  • Master HOA Fee Frequency: Quarterly

Association/Amenities

  • Pets: With Approval
  • Development: Tarpon Bay
  • Amenities: Basketball, BBQ - Picnic, Bike And Jog Path, Billiards, Bocce Court, Business Center, Clubhouse, Community Pool, Community Room, Community Spa/Hot tub, Exercise Room, Fishing Pier, Internet Access, Lakefront Beach, Library, Pickleball, Play Area, Tennis Court
  • Community Type: Gated
  • Units In Building: 4
  • Total Number of Units: 352

Fee Information

  • Application Fee: 150.00

Schools

  • Elementary School: Laurel Oak Elementary School
  • High School: Gulf Coast High School
  • Middle School: North Naples Middle School

Lot Info

  • Builder Product: No
  • Section: 30
  • Total Area: 2439
  • Waterfront: No
  • Rear Exposure: North
  • Lot Description: Zero Lot Line
  • Parcel Number: 24160001527

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 12
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: Homestead
  • Taxes: 2584.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2022
Closed on
Apr 8, 2022
Sold by
Renee Demisay Michele
Bought by
Albanis Norell C
Seller's Agent
Michele Demisay
Premiere Plus Realty Company
Buyer's Agent
Laney Farrugia
Compass Florida LLC
List Price
$549,999
Sold Price
$549,999
Current Estimated Value
$485,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$64,845
Avg. Annual Appreciation
-3.46%
Original Mortgage
$425,000
Outstanding Balance
$401,130
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$84,024

Purchase Details

Closed on
Feb 5, 2019
Sold by
Klabunde Scott L
Bought by
Slk Properties Llc

Purchase Details

Closed on
Dec 20, 2018
Sold by
2040 Tarpon Bay Dr Llc
Bought by
Demisay Michaele Renee

Purchase Details

Listed on
Aug 26, 2014
Closed on
Oct 20, 2014
Sold by
Salamone Michael J
Bought by
2040 Tarpon Bay Dr Llc
Seller's Agent
Richard Dooley
Berkshire Hathaway FL Realty
Buyer's Agent
Michele Demisay
Premiere Plus Realty Company
List Price
$274,900
Sold Price
$260,000
Premium/Discount to List
-$14,900
-5.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.82%

Purchase Details

Closed on
Sep 28, 2004
Sold by
Wci Communities Inc
Bought by
Salamone Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,300
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage
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
Albanis Norell C $549,999 Grant Fridkin Pearson Pa
Slk Properties Llc -- Attorney
Demisay Michaele Renee -- Attorney
2040 Tarpon Bay Dr Llc $260,000 Attorney
Salamone Michael J $257,395 First Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albanis Norell C $425,000
Previous Owner Salamone Michael J $213,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/08/2022 04/08/22 Sold $549,999 0.0% $313 / Sq Ft
02/03/2022 02/03/22 Pending -- -- --
01/30/2022 01/30/22 For Sale $549,999 +111.5% $313 / Sq Ft
10/20/2014 10/20/14 Sold $260,000 -5.4% $148 / Sq Ft View Prior Sale
10/06/2014 10/06/14 Pending -- -- --
08/26/2014 08/26/14 For Sale $274,900 -- $156 / 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 $3,553 $394,397 -- --
2024 $3,861 $383,282 -- $383,282
2023 $3,861 $407,185 $0 $407,185
2022 $2,565 $262,421 $0 $0
2021 $2,584 $254,778 $0 $0
2020 $2,523 $251,260 $0 $251,260
2019 $2,536 $251,260 $0 $251,260
2018 $2,945 $251,260 $0 $251,260
2017 $3,077 $261,814 $0 $261,814
2016 $2,930 $239,334 $0 $0
2015 $2,608 $217,576 $0 $0
2014 $2,374 $194,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Michele Demisay

    Premiere Plus Realty Company

    (908) 938-7856

    1 in this area

    16 Total Sales

    Michele Demisay
    Section Image
  • Laney Farrugia

    Buyer's Agent in 2022

    Laney Farrugia

    Compass Florida LLC

    (239) 784-3509

    35 in this area

    91 Total Sales

    Laney Farrugia
    Section Image
  • Richard Dooley

    Seller's Agent in 2014

    Richard Dooley

    Berkshire Hathaway FL Realty

    (239) 248-0611

    27 Total Sales

    Richard Dooley
    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 222001066

Naples Area Board of REALTORS®

APN: 24160001527

Florida Collier County Naples 34119 Arrowhead-Island Walk

2040 Tarpon Bay Dr N Unit 101, Naples, FL

This home is located at 2040 Tarpon Bay Dr N Unit 101, Naples, FL 34119 since 30 January 2022 and is currently estimated at $485,154, approximately $275 per square foot. This property was built in 2004. 2040 Tarpon Bay Dr N Unit 101 is a home located in Collier County with nearby schools including Laurel Oak Elementary School, North Naples Middle School, and Naples Christian Academy.

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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