NOT LISTED FOR SALE

261 Banyan Blvd Unit 207 Naples, FL 34102

Coquina Sands Neighborhood

Estimated Value: $501,452 - $671,000

2 Beds
2 Baths
864 Sq Ft
$500/mo HOA Fee

Last Sold May 17, 2021

Last sale price $490,000 $567 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,117/month

110 Days on Market

Highlights

  • Community Beach Access
  • Boat Dock
  • Community Cabanas
  • Naples High School Rated A
  • Boat Lift
  • 5-minute walk to Lowdermilk Park

About This Home

As of May 2021

BRING YOUR BOAT - Docks galore - up to 26 ft - Turnkey furnished 2 bed 2 bath overlooking the bay with only 1 bridge to Doctor's Pass and the blue waters of the Gulf of Mexico. Bedrooms have generous walk in closets. Private Lanai off the master and views of gorgeous banyan trees - a paved walkway to the beach. Stunning bayfront views - Less than a blocks walk to the white sands of the Naples beaches and relaxing sunset cookouts at Laudermilk Park. Keep your beach supplies in your personal ground floor storage unit. This charming property is turnkey furnished - and for the investor minded it is being sold with income. It is currently rented from Feb thru April 2020 and produces great income. If desired, the buyer may renew the current winter tenants and the November tenant for another year. First Watch restuarant is next door - or walk to all the beachfront dining - Olde Naples 5th Ave South and 3rd Street's world-renowned shopping and dining at your fingertips. Home can be rented 12 times per year with a 30 day minimum. Plenty of potential for enjoyment plus keep the tenants and the income. Bring your offer now! Easy to show anytime.

Last Agent to Sell the Property

Sheila Lewis

Gulf Coast Investment Properties Listed on: 12/15/2020

Last Buyer's Agent

Sheila Lewis

Gulf Coast Investment Properties Listed on: 12/15/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,804

Year Built

  • Built in 1973

Lot Details

  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • South Facing Home
  • Sprinkler System

HOA Fees

  • $500 Monthly HOA Fees

Property Views

  • Bay
  • Canal
  • Pool

Home Design

  • Florida Architecture
  • Entry on the 2nd floor
  • Flat Roof Shape
  • Concrete Block With Brick
  • Shingle Roof
  • Stucco

Interior Spaces

  • 864 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Windows
  • Great Room
  • Combination Dining and Living Room
  • Breakfast Room
  • Storage
  • Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Parking

  • 1 Parking Garage Space
  • Common or Shared Parking
  • Paved Parking
  • Deeded Parking

Outdoor Features

  • Outdoor Shower
  • Dock has access to water
  • Boat Lift
  • Manual Hoist or Boat Lift
  • Boat Slip
  • Dock Available
  • Waterfront Basin
  • Screened Balcony
  • Loading Dock or Area

Schools

  • Lake Park Elementary School
  • Gulf View Middle School
  • Naples High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06180640009

Community Details

Overview

  • 9 Units
  • Low-Rise Condominium
  • Coquina Cove Condos
  • Car Wash Area

Amenities

  • Laundry Facilities
  • Bike Room
  • Community Storage Space

Recreation

  • Boat Dock
  • Community Boat Slip
  • Boating
  • Gulf Boat Access
  • Community Beach Access
  • Beach Club Membership Available
  • Community Cabanas
  • Community Pool
  • Park

Pet Policy

  • No Pets Allowed

Security

  • 24-Hour Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,804

Year Built

Built in 1973

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Legal Description: COQUINA COVE CONDOMINIUM APTS INC (CONDO) APT 207
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.162766$-81.80728$33.95$13.33$1.00$CCCyfz-J6t6NYpegekEktg
  • Building Design: Low Rise (1-3)
  • Building Description: 2 Story, Florida
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Furnished Description: Furnished
  • Num Unit Floor: 2
  • Price Per Sq Ft: 567.13
  • Total Floors: 2
  • Additional Rooms: Guest Bath, Guest Room, Screened Balcony
  • Estimated Living Area: 864
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Breakfast Bar, Breakfast Room, Living Dining
  • Equipment: Cooktop - Electric, Dishwasher, Disposal, Microwave, Refrigerator/Freezer, Refrigerator/Icemaker, Self Cleaning Oven
  • Flooring: Tile
  • Floor Plan: Great Room
  • Interior Amenities: Built-In Cabinets, Cable Prewire, High Speed Available, Walk-In Closet, Window Coverings
  • Primary Bathroom: Shower Only
  • Windows: Single Hung, Sliding

Exterior Features

  • Gulf Access: Yes
  • Private Pool: No
  • Private Spa: No
  • Roof: Built-Up Or Flat, Shingle
  • Canal Width: 200+
  • Construction: Concrete Block
  • Boat Access: Boat Lift, Boat Slip, Dock Included, Hoist/Davit, Water Avail at Dock
  • Irrigation: Central
  • Road: City Maintained, Paved Road
  • View: Basin, Bay, Canal, City, Intersecting Canal, Landscaped Area, Pool/Club, Water
  • Exterior Features: Outdoor Shower, Sprinkler Auto, Storage
  • Exterior Finish: Stucco
  • Waterfront Type: Basin, Bay, Canal

Garage/Parking

  • Parking: 1 Assigned, Common, Driveway Paved, Load Space

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Security: Patrolled
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239 000 0000
  • Approval: Application Fee, Buyer
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded
  • Sub Condo Name: COQUINA COVE
  • HOA Fees: 1500
  • HOA Fee Frequency: Quarterly
  • Maintenance: Cable, Fidelity Bond, Insurance, Irrigation Water, Laundry Facilities, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Repairs, Reserve, Sewer, Street Lights, Trash Removal, Water

Association/Amenities

  • Pets: Not Allowed
  • Development: Coquina Sands
  • Amenities: Beach Access, Beach Club Available, Bike Storage, Cabana, Common Laundry, Community Boat Dock, Community Boat Slip, Community Gulf Boat Access, Community Park, Community Pool, Extra Storage, Guest Room, Internet Access, Shopping, Sidewalk, Streetlight, Underground Utility, Vehicle Wash Area
  • Community Type: Boating, Non-Gated
  • Units In Building: 9
  • Total Number of Units: 18

Fee Information

  • Special Assessment: 250.00
  • Special Assessment Frequency: Quarterly
  • Application Fee: 50.00

Schools

  • Elementary School: LAKE PARK ELEMENTARY
  • Middle School: GULF VIEW MIDDLE
  • High School: NAPLES HIGH SCHOOL
  • Elementary School: Lake Park Elementary
  • High School: Naples High School
  • Middle School: Gulf View Middle

Lot Info

  • Builder Product: No
  • Lot Unit: 207
  • Section: 33
  • Total Area: 1000
  • Waterfront: Yes
  • Rear Exposure: South
  • Lot Description: Regular
  • Parcel Number: 06180640009

Rental Info

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

Tax Info

  • Tax Description: City And County, No Homestead
  • Taxes: 2804.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2020
Closed on
May 14, 2021
Sold by
Diguglielmo Anthony and Diguglielmo Linda
Bought by
Nicpon Jeffrey D and Nicpon Elise W
Seller's Agent
Sheila Lewis
Gulf Coast Investment Properties
Buyer's Agent
Sheila Lewis
Gulf Coast Investment Properties
List Price
$499,900
Sold Price
$490,000
Premium/Discount to List
-$9,900
-1.98%
Current Estimated Value
$618,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,863
Avg. Annual Appreciation
5.44%
Original Mortgage
$392,000
Outstanding Balance
$355,250
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$263,613

Purchase Details

Closed on
Jun 17, 2014
Sold by
Fisher Martha
Bought by
Diguglielmo Anthony and Diguglielmo Linda

Purchase Details

Closed on
Feb 2, 2004
Sold by
Hunnell Joan A and Bedall Joan Hunnell
Bought by
Fisher Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,500
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Nicpon Jeffrey D $490,000 Accommodation
Diguglielmo Anthony $272,500 First Title Of Naples Inc
Fisher Martha $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nicpon Jeffrey D $392,000
Previous Owner Fisher Martha $301,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2021 05/17/21 Sold $490,000 -2.0% $567 / Sq Ft
04/04/2021 04/04/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $499,900 0.0% $579 / Sq Ft
02/02/2021 02/02/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $499,900 0.0% $579 / Sq Ft
01/27/2021 01/27/21 Price Changed $499,900 -5.7% $579 / Sq Ft
01/19/2021 01/19/21 Pending -- -- --
01/09/2021 01/09/21 Price Changed $529,900 +6.0% $613 / Sq Ft
01/09/2021 01/09/21 Price Changed $499,900 -5.7% $579 / Sq Ft
12/15/2020 12/15/20 For Sale $529,900 -- $613 / 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 $4,035 $485,200 -- $485,200
2024 $4,052 $442,000 -- $442,000
2023 $4,052 $433,310 $0 $0
2022 $3,868 $393,918 $0 $393,918
2021 $2,923 $284,480 $0 $284,480
2020 $2,804 $275,840 $0 $275,840
2019 $2,834 $275,840 $0 $275,840
2018 $2,829 $275,840 $0 $275,840
2017 $2,805 $267,960 $0 $0
2016 $2,523 $243,600 $0 $0
2015 $2,367 $222,000 $0 $0
2014 $2,011 $186,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 220079793

Naples Area Board of REALTORS®

APN: 06180640009