NOT LISTED FOR SALE

Estimated Value: $3,564,000 - $3,814,000

3 Beds
3 Baths
2,434 Sq Ft
$1,571/mo HOA Fee

Last Sold November 10, 2021

Last sale price $3,000,000 $1,233 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $23,291/month

323 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • End Unit
  • Lake Park Elementary School Rated A
  • Outdoor Kitchen
  • Great Room

About This Home

As of November 2021

Extremely rare and unique condominium in the revered Rooftops on Fourth, known locally as one of Old Naples' most exclusive buildings. Situated just steps from the renowned 5th Avenue South and the World Famous Gulf beaches, this extraordinary three-bedroom penthouse condominium comes complete with a private and significantly oversized two-car garage and an interior private elevator leading to a spacious private rooftop retreat. A boutique condominium consisting of only 4 residences, designed by Herscoe Hajjar Architects and constructed by A. Vernon Allen, "Rooftops" sets the standard in luxurious condo living. The residence is elegantly appointed with richly colored custom wood cabinetry, built-ins, and flooring. A thoughtfully designed great room floor plan opens to an additional full-length lanai, perfect for entertaining, affording a level of finish and quality rarely found in Old Naples condos. This is one of the most desirable and rare lifestyle opportunities in the heart of Naples, and it is the PERFECT location for the person who seeks condominium living and the convenience of being steps from the city’s Fifth Avenue South cultural district.

Last Agent to Sell the Property

John Paul Prebish

William Raveis Real Estate License #NAPLES-249521185 Listed on: 11/29/2020

William Raveis Real Estate

Last Buyer's Agent

John Paul Prebish

William Raveis Real Estate License #NAPLES-249521185 Listed on: 11/29/2020

William Raveis Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,109

Year Built

  • Built in 2013

Lot Details

  • End Unit
  • South Facing Home
  • Sprinkler System

HOA Fees

  • $1,571 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Guest Parking
  • 2 Parking Garage Spaces

Home Design

  • Condo Hotel
  • Flat Roof Shape
  • Concrete Block With Brick
  • Wood Frame Construction
  • Metal Roof
  • Stucco

Interior Spaces

  • 2,434 Sq Ft Home
  • 1-Story Property
  • Custom Mirrors
  • Tray Ceiling
  • Corner Fireplace
  • French Doors
  • Great Room
  • Combination Dining and Living Room
  • Screened Porch

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Built-In Bedroom Cabinets
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Intercom

Outdoor Features

  • Deck
  • Outdoor Kitchen
  • Attached Grill

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 18211650066

Community Details

Overview

  • 4 Units
  • Low-Rise Condominium
  • Rooftops On Fourth Condos

Amenities

  • Lobby

Pet Policy

  • Pets up to 50 lbs
  • Call for details about the types of pets allowed
  • 2 Pets Allowed

Security

  • Card or Code Access
  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,109

Year Built

Built in 2013

Lot Details

0

HOA Fees

$1,571 per month

Parking

2

Listing Details

  • Legal Description: ROOFTOPS ON FOURTH A CONDOMINIUM UNIT 3
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.141757$-81.802708$174.00$13.33$1.00$1SQ4TEZSeNp7BOLh7VJTbw
  • Building Design: Low Rise (1-3)
  • Building Description: Corner, End-Unit
  • Year Built: 2013
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 3
  • Price Per Sq Ft: 1232.54
  • Total Floors: 1
  • Additional Rooms: Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 2434
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Breakfast Bar, Living Dining
  • Elevator: Private
  • Equipment: Auto Garage Door, Cooktop - Electric, Dishwasher, Dryer, Intercom, Microwave, Refrigerator/Freezer, Security System, Smoke Detector, Wall Oven, Washer, Washer/Dryer Hookup
  • Flooring: Tile, Wood
  • Floor Plan: Great Room
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Closet Cabinets, Custom Mirrors, Fire Sprinkler, French Doors, Laundry Tub, Pantry, Smoke Detectors, Tray Ceiling, Walk-In Closet, Window Coverings
  • Primary Bathroom: Dual Sinks, Shower Only
  • Windows: Impact Resistant

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Built-Up Or Flat, Metal
  • Construction: Concrete Block, See Remarks, Wood Frame
  • Irrigation: Central
  • View: City, Landscaped Area
  • Exterior Features: Built In Grill, Deck, Outdoor Kitchen, Sprinkler Auto
  • Exterior Finish: Stucco

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: 2+ Spaces, Guest, Under Bldg Closed

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Security: Entry Keypad, Lobby
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 317-513-4608
  • Approval: Application Fee, Interview
  • Management: Professional
  • Mandatory HOA: No
  • Sub Condo Name: ROOFTOPS ON FOURTH
  • Condo Fees: 4714
  • Condo Fee Frequency: Quarterly
  • Maintenance: Insurance, Irrigation Water, Lawn/Land Maintenance, Pest Control Exterior, Reserve, Trash Removal, Water

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 2
  • Pets Limit Max Weight: 50
  • Development: Olde Naples
  • Community Type: Condo/Hotel, Non-Gated
  • Units In Building: 4
  • Total Number of Units: 4

Lot Info

  • Builder Product: No
  • Section: 4
  • Total Area: 3739
  • Waterfront: No
  • Rear Exposure: South
  • Parcel Number: 18211650066

Rental Info

  • Lease Limits: Yes

Tax Info

  • Tax Description: City And County
  • Taxes: 19109.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2023
Sold by
Verduin Douglas and Verduin Patricia
Bought by
Douglas Verduin Revocable Trust and Patricia Verduin Revocable Trust
Total Days on Market
323
Current Estimated Value
$3,711,754

Purchase Details

Listed on
Nov 29, 2020
Closed on
Nov 5, 2021
Sold by
Meadows Allen E and Meadows Debra L
Bought by
Verduin Douglas and Verduin Patricia
Seller's Agent
John Paul Prebish
William Raveis Real Estate
Buyer's Agent
John Paul Prebish
William Raveis Real Estate
List Price
$3,595,000
Sold Price
$3,000,000
Premium/Discount to List
-$595,000
-16.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.68%

Purchase Details

Closed on
Apr 8, 2013
Sold by
Old Southern Llc
Bought by
Meadows Allen E and Meadows Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,280,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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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

Purchase History

Date Buyer Sale Price Title Company
Douglas Verduin Revocable Trust -- None Listed On Document
Verduin Douglas $3,000,000 Accommodation
Meadows Allen E $1,829,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meadows Allen E $1,280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Sold $3,000,000 -9.0% $1,233 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
08/10/2021 08/10/21 Price Changed $3,295,000 -1.5% $1,354 / Sq Ft
03/15/2021 03/15/21 Price Changed $3,345,000 -7.0% $1,374 / Sq Ft
11/29/2020 11/29/20 For Sale $3,595,000 -- $1,477 / 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
2023 $24,269 $2,661,070 $0 $2,661,070
2022 $26,836 $2,736,611 $0 $2,736,611
2021 $19,347 $1,885,380 $0 $1,885,380
2020 $19,109 $1,882,380 $0 $1,882,380
2019 $18,677 $1,819,780 $0 $1,819,780
2018 $18,642 $1,819,780 $0 $1,819,780
2017 $18,014 $1,748,380 $0 $1,748,380
2016 $18,089 $1,748,380 $0 $0
2015 $18,390 $1,679,040 $0 $0
2014 $16,430 $1,526,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 220072428

Naples Area Board of REALTORS®

APN: 18211650066