NOT LISTED FOR SALE

Estimated Value: $6,223,000 - $7,519,000

4 Beds
4.5 Baths
5,117 Sq Ft
2006 Built

Last Sold March 15, 2024

Last sale price $7,200,000 $1,407 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $43,265/month

57 Days on Market

Highlights

  • Beach Front
  • Beach
  • Fitness Center
  • Tommie Barfield Elementary School Rated A
  • Community Cabanas
  • 24-Hour Security

About This Home

As of March 2024

Introducing quite possibly the most incredible luxury beachfront residence available on Marco Island. Perfectly located in the center of the award-winning crescent beach, this meticulously crafted and impeccably maintained 15th floor condominium is located in highly desired and rarely available Madeira. Welcome to this spectacular furnished 4 BD with den, 4.5 bath condo boasting 5117 sq ft of open living space with breathtaking beach and Gulf vistas. The floor-to-ceiling impact windows provide plentiful natural light. Multiple balconies offer ample opportunity to experience stunning sunsets and refreshing breezes. The gourmet kitchen features quartz counters, Dacor gas cooktop and double wall oven, Sub-Zero refrigerator and wine cooler, ice maker and pantry. Both primary suites offer incredible views framed by large bay windows, private balcony access, walk-in closets with built-ins, and spa-like ensuites. Additional perks include motorized screens, Sonos surround sound, climate-controlled storage and dual washers and dryers. Enjoy private beach access, heated pool/spa, fitness, sauna, theater, billiards, tennis, social calendar, guest suites, covered parking, and a gated entrance.

Last Agent to Sell the Property

Michelle Thomas

Premier Sotheby's International Realty License #688527 Listed on: 11/09/2023

Premier Sotheby's International Realty

Last Buyer's Agent

Natalie Kirstein

William Raveis Real Estate License #3118636

William Raveis Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $60,583

Year Built

  • Built in 2006

Lot Details

  • Beach Front
  • Property fronts gulf or ocean
  • West Facing Home
  • Zero Lot Line

Parking

  • 2 Car Attached Garage
  • Guest Parking

Property Views

  • Pool

Home Design

  • Coastal Architecture
  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,117 Sq Ft Home
  • Wet Bar
  • Furnished
  • Sound System
  • Built-In Features
  • Tray Ceiling
  • Window Treatments
  • Sliding Windows
  • French Doors
  • Entrance Foyer
  • Open Floorplan

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Gas Oven
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Stone
  • Concrete

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Custom Closet System
  • Walk-In Closet
  • Private Water Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Spa
  • Balcony
  • Lanai

Location

  • In Flood Plain

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 56317101947

Community Details

Overview

  • No Home Owners Association
  • Application Fee Required
  • $3,689 Maintenance Fee
  • Association fees include cable TV, trash, water, sewer
  • 101 Units
  • High-Rise Condominium
  • Madeira Community
  • Madeira On Marco Island A Condo Subdivision
  • Park Phone (239) 389-4510
  • Property managed by Madeira Resort
  • The community has rules related to no truck, recreational vehicles, or motorcycle parking, no motorcycles
  • 17-Story Property

Amenities

  • Community Barbecue Grill
  • Sauna
  • Trash Chute
  • Guest Suites
  • Bike Room

Recreation

  • Beach
  • Recreation Facilities
  • Community Cabanas
  • Community Pool
  • Community Spa
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction: x2 no bird/ fish, no pitbulls

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Card or Code Access
  • Secure Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$60,583

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Madeira On Marco Island A Condo
  • Building Name: MADEIRA
  • Garage Yn: Yes
  • Unit Levels: One
  • Year Built: 2006
  • Listing Information:Community: Marco Island
  • Listing Information:Subarea Type: Beach
  • Location Tax and Legal:Parcel Number: 56317101947
  • Location Tax and Legal:Tax Annual Amount: 60583.33
  • Location Tax and Legal:Tax Year: 2023
  • Location Tax and Legal:Land Lease YN: No
  • General Property Information:Condominium Name: MADEIRA
  • General Property Information:Stories Total: 17
  • General Property Information:Unit Floor: 15
  • General Property Information:Furnished: Furnished
  • General Property Information:Flood Plain: Yes
  • General Property Information:AC SqFt: 5117.0
  • General Property Information:Bathrooms Half: 1
  • General Property Information:Rear Exposure: West
  • General Property Information:Boat Dock: No
  • General Property Information:Community Pool: Yes
  • General Property Information:Pool Private YN: No
  • General Property Information:HOA YN: No
  • General Property Information:Application Fee: 250.0
  • General Property Information:Maintenance Fee Per Month: 3689.0
  • Contract Information:Management Firm: Madeira Resort
  • Contract Information:Manager Phone: 239-389-4510
  • General Information Details:Number Of Units Total: 101
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Approval:Application Fee3: Yes
  • Cooling:Central Air: Yes
  • Dining Area:Breakfast Bar: Yes
  • Dining Area:Family-Dining Room: Yes
  • Hot Sheet:Condominium: Yes
  • Maintenance Includes:Cable TV: Yes
  • Maintenance Includes:Management: Yes
  • Maintenance Includes:Trash: Yes
  • Restrictions:No Motorcycles: Yes
  • Restrictions:No TrucksRvs: Yes
  • Pets Allowed:With Approval: Yes
  • Pets Allowed:Pet Restrictions2: x2 no bird/ fish, no pitbulls
  • General Property Information:Boat Lift: No
  • Floor:Natural Stone: Yes
  • Roof:Tile2: Yes
  • Dining Area:Dining-Living Room: Yes
  • Dining Area:Eat-In Kitchen: Yes
  • Security Features:Elevator2: Yes
  • Security Features:Smoke Detector(s): Yes
  • Primary BedroomBath Description:Separate Tub Shower: Yes
  • Primary BedroomBath Description:Split Bedrooms: Yes
  • View:Gulf: Yes
  • Levels:One: Yes
  • View:Long Water: Yes
  • View:Wide Water: Yes
  • Floor:Wood: Yes
  • Maintenance Includes:Sewer: Yes
  • Maintenance Includes:Water: Yes
  • Security Features:Gated with Guard: Yes
  • Security Features:_two_4 Hour Security: Yes
  • Maintenance Includes:Recreation Facilities: Yes
  • View:Pool2: Yes
  • Unit Design:High Rise: Yes
  • Activity Membership:Spa Available: Yes
  • Architectural Style:Coastal: Yes
  • Security Features:Building Security: Yes
  • Security Features:Magnetic Key: Yes
  • Security Features:Secured Elevator: Yes
  • Special Features: VirtualTour
  • Stories: 17

Interior Features

  • Furnished: Furnished
  • Appliances: Built-In Gas Oven, Dishwasher, Disposal, Dryer, Freezer, Ice Maker Stand Alone, Microwave, Refrigerator, Washer, Wine Cooler
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Concrete, Natural Stone, Wood
  • Interior Amenities: Built-in Features, Custom Cabinets, Custom Closets, Entrance Foyer, French Doors, Pantry, Sound System, Tray Ceiling(s), Walk-In Closet(s), Wet Bar, Breakfast Bar, Eat-in Kitchen
  • Living Area: 5117.0
  • Stories: 17
  • Window Features: Sliding, Window Coverings
  • Appliances Dishwasher: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Built-In Gas Oven: Yes
  • Appliances:Freezer: Yes
  • Appliances:Wine Cooler: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Custom Cabinets: Yes
  • Interior Features:Custom Closets: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Interior Features:Wet Bar: Yes
  • Primary BedroomBath Description:Enclosed Toilet: Yes
  • Appliances:Washer Dryer Hookup: Yes
  • Interior Features:French Doors: Yes
  • Security Features:Gated Community: Yes
  • Interior Features:Sound System: Yes
  • Appliances:Ice Maker Stand Alone: Yes

Exterior Features

  • Lot Features: Zero Lot Line
  • Pool Private: No
  • View: Gulf, Long Water, Pool, Wide Water
  • Waterfront Features: Beach Front, Gulf Front, Beach Access
  • Waterfront: Yes
  • Construction Type: Concrete Block Structure, Stucco
  • Exterior Features: Balcony
  • Patio And Porch Features: Lanai
  • Roof: Tile
  • Construction Materials:Concrete Block Structure: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Lanai: Screened
  • Window and Door Features:Sliding: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Gulf Front: Yes
  • Construction Materials:Concrete: Yes
  • Lot Features:Zero Lot Line: Yes
  • Window and Door Features:Window Coverings: Yes
  • Waterfront Features:Beach Access: Yes
  • Waterfront Features:Beach Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Guest, Private
  • General Property Information:Garage Spaces: 2
  • Parking Features:Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Guest: Yes
  • Parking Features:Private: Yes

Utilities

  • Laundry Features: Washer Dryer Hookup
  • Security: Smoke Detector(s), Secured Elevator, Magnetic Key, Gated with Guard, Gated Community, Elevator, Building Security, 24 Hour Security
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Central Heating
  • Heating Yn: Yes
  • Heating:Central Heating: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool
  • Amenities: Elevator(s), Barbecue, Bike Path, Bike Storage, Cabana, Clubhouse, Fitness Center, Guest Suite, Jogging Path, Pool, Sauna, Tennis Court(s), Trash Chute, Spa/Hot Tub
  • Association: No
  • Pets Allowed: With Approval

Association/Amenities

  • Association Amenities:Barbecue: Yes
  • Association Amenities:Pool: Yes
  • Association Amenities:Bike Path: Yes
  • Association Amenities:Cabana: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Jogging Path: Yes
  • Association Amenities:SpaHot Tub3: Yes
  • Association Amenities:Tennis Court(s): Yes
  • Association Amenities:Sauna: Yes
  • Association Amenities:Bike Storage: Yes
  • Association Amenities:Guest Suite: Yes
  • Association Amenities:Trash Chute: Yes
  • Association Amenities:Elevator(s): Yes

Fee Information

  • Association Fee Includes: Cable TV, Trash, Water, Sewer

Lot Info

  • Land Lease: No
  • Parcel #: 56317101947

Multi Family

  • Number Of Units In Community: 101

Tax Info

  • Tax Annual Amount: 60583.33
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2023
Closed on
Mar 15, 2024
Sold by
Pearson Joseph L and Pearson Tracy L
Bought by
T & K Marco-Madeira 1506 Llc
Seller's Agent
Michelle Thomas
Premier Sotheby's International Realty
Buyer's Agent
Natalie Kirstein
William Raveis Real Estate
List Price
$7,395,000
Sold Price
$7,200,000
Premium/Discount to List
-$195,000
-2.64%
Views
53
Current Estimated Value
$6,919,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$280,478
Avg. Annual Appreciation
-5.05%

Purchase Details

Listed on
Apr 18, 2022
Closed on
May 18, 2022
Sold by
Puckett Madeira Llc
Bought by
Pearson Joseph L and Pearson Tracy L
Seller's Agent
Kristine Bareis
Gulfshore Realty Inc
Buyer's Agent
The BROS Who Are Real Estate PROS
Independent Brokers Realty
List Price
$7,500,000
Sold Price
$7,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.21%
Original Mortgage
$7,534,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 18, 2021
Closed on
Jun 9, 2021
Sold by
Dms Marco Llc
Bought by
Puckett Madeira Llc
Seller's Agent
Matt Lane
William Raveis Real Estate
Buyer's Agent
Kristine Bareis
Gulfshore Realty Inc
List Price
$7,395,000
Sold Price
$6,562,000
Premium/Discount to List
-$833,000
-11.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.27%

Purchase Details

Listed on
Nov 2, 2017
Closed on
May 11, 2018
Sold by
Grodner Melvyn and Grodner Delia
Bought by
Dms Marco Llc
Seller's Agent
Bo Sorrentino
Engel & Voelkers Naples Bonita Estero
Buyer's Agent
Anna Pusz
Results Realty Marco Island
List Price
$7,259,000
Sold Price
$6,200,000
Premium/Discount to List
-$1,059,000
-14.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.86%

Purchase Details

Closed on
Feb 6, 2008
Sold by
Capik Richard W and Capik Cheryl D
Bought by
Grodner Melvyn and Grodner Delia

Purchase Details

Closed on
Sep 18, 2006
Sold by
Marco Island Condominiums Llc
Bought by
Capik Richard W and Capik Cheryl D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,520,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
T & K Marco-Madeira 1506 Llc $7,200,000 None Listed On Document
Pearson Joseph L $7,500,000 Ronald S Webster
Puckett Madeira Llc $6,562,000 Attorney
Dms Marco Llc $6,200,000 Attorney
Grodner Melvyn $3,650,000 Accu Title Agency
Capik Richard W $3,150,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pearson Joseph L $7,534,000
Previous Owner Capik Richard W $2,520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $7,200,000 -2.6% $1,407 / Sq Ft
01/06/2024 01/06/24 Pending -- -- --
11/09/2023 11/09/23 For Sale $7,395,000 -1.4% $1,445 / Sq Ft
05/18/2022 05/18/22 Sold $7,500,000 0.0% $1,466 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/14/2022 04/14/22 For Sale $7,500,000 +14.3% $1,466 / Sq Ft
06/09/2021 06/09/21 Sold $6,562,000 -11.3% $1,282 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $7,395,000 +19.3% $1,445 / Sq Ft
05/11/2018 05/11/18 Sold $6,200,000 -14.6% $1,212 / Sq Ft
04/11/2018 04/11/18 Pending -- -- --
11/02/2017 11/02/17 For Sale $7,259,000 -- $1,419 / Sq Ft
Source: Marco Island Area Association 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 $60,583 $6,485,400 $0 $6,485,400
2022 $58,655 $5,784,543 $0 $5,784,543
2021 $44,405 $4,103,920 $0 $4,103,920
2020 $43,618 $4,052,750 $0 $4,052,750
2019 $44,440 $4,052,750 $0 $4,052,750
2018 $35,988 $3,273,710 $0 $3,273,710
2017 $34,738 $3,120,200 $0 $3,120,200
2016 $32,889 $2,915,520 $0 $0
2015 $30,848 $2,659,670 $0 $0
2014 $30,022 $2,558,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marco Island Area Association of REALTORS®

MLS Number: 2232111

APN: 56317101947