NOT LISTED FOR SALE

Estimated Value: $1,150,000 - $5,825,000

0.39 Acre
$9,683,200 Price per Acre
16,988 Sq Ft Lot

Last Sold March 09, 2021

Last sale price $3,200,000 $672 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $23,388/month

176 Days on Market

Highlights

  • Community Beach Access
  • Private Beach
  • 0.39 Acre Lot
  • Sea Gate Elementary School Rated A
  • Gated Community
  • Private Membership Available

About This Lot

As of March 2021

Ideal building lot located in one of the most sought after private Beach Club communities in Florida; Bay Colony. Nestled behind the gates of Bay Colony, this cul-de-sac location is the perfect setting for a custom home to be built. Beautiful plans are available from Harrell & Co. Architects.

Last Agent to Sell the Property

Timothy Savage

Gulf Coast International Prop Listed on: 09/09/2020

Last Buyer's Agent

Shannon Lefevre

John R Wood Properties License #NAPLES-249513137

John R Wood Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $20,536

Lot Details

  • 0.39 Acre Lot
  • Private Beach
  • Cul-De-Sac
  • South Facing Home
  • Landscaped
  • Irregular Lot

HOA Fees

Parking

  • Deeded Parking

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 66674377750

Community Details

Overview

  • $12,500 Secondary HOA Transfer Fee
  • Private Membership Available
  • Bay Colony Shores Condos
  • Mandatory home owners association

Amenities

  • Community Barbecue Grill
  • Restaurant
  • Door to Door Trash Pickup

Recreation

  • Community Beach Access
  • Private Beach Pavilion
  • Beach Club Membership Available
  • Tennis Courts
  • Bike Trail

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$20,536

Lot Details

0

HOA Fees

$1,043 per month

Listing Details

  • Legal Description: PELICAN BAY UNIT 10 SITE 51
  • Property Type: Lot & Land
  • Table: Lot & Land
  • Street View Param: 1$26.246923$-81.81062199999997$304.66$13.33$1.00$bXhjlgVR-stZ2ZpozerG6A
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Gulf Access Yn: No
  • Irrigation: Reclaimed
  • Road: Cul-De-Sac
  • Subdivision Info: Mandatory Hoa
  • View: Landscaped Area

Utilities

  • Utilities Available: Cable, Electric, Sewer, Trash Removal, Water
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Approval: Application Fee, Buyer
  • Management: Professional
  • Restrictions: Architectural, Deeded
  • Sub Condo Name: BAY COLONY SHORES
  • HOA Description: Mandatory
  • HOA Fees: 6261.00
  • HOA Fee Frequency: Annually
  • Maintenance: Cable, Security
  • Master Hoa Fee: 6251.00
  • Master HOA Fee Frequency: Annually

Association/Amenities

  • Development: Pelican Bay
  • Amenities: Bbq - Picnic, Beach - Private, Beach Access, Beach Club Available, Bike And Jog Path, Private Beach Pavilion, Private Membership, Restaurant, Sidewalk, Streetlight, Tennis Court, Underground Utility
  • Community Type: Gated
  • Mandatory Club Fee: 1922.00
  • Mandatory Club Fee Frequency: Annually

Fee Information

  • Transfer Fees: 12500.00

Lot Info

  • Price Per Acre: 8205128.21
  • Section: 33
  • Acres: 0.3900
  • Waterfront: No
  • Land Use Code: 00-Vacant Residential
  • Lot Description: Cul-De-Sac, Irregular Shape
  • Lot Type: Residential Lot
  • Rear Exposure: S
  • Usage: Single Family
  • Parcel Number: 66674377750

Tax Info

  • Tax District Type: Municipal Service Tax Unit
  • Taxes: 20536.00
  • Tax Year: 2020
  • Tax Description: County Only

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2020
Closed on
Mar 9, 2021
Sold by
Alan Fraser Homes Corp
Bought by
Valley Property Management Llc
Seller's Agent
Timothy Savage
Gulf Coast International Prop
Buyer's Agent
Shannon Lefevre
John R Wood Properties
List Price
$3,300,000
Sold Price
$3,200,000
Premium/Discount to List
-$100,000
-3.03%
Current Estimated Value
$3,776,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$576,448
Avg. Annual Appreciation
3.50%

Purchase Details

Listed on
Apr 9, 2018
Closed on
Aug 31, 2018
Sold by
M2g Llc
Bought by
Alan Fraser Homes Corp
Seller's Agent
Carol Gilman
Premier Sotheby's Int'l Realty
Buyer's Agent
Timothy Savage
Gulf Coast International Prop
List Price
$3,395,000
Sold Price
$2,550,000
Premium/Discount to List
-$845,000
-24.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.43%

Purchase Details

Closed on
Jun 12, 2017
Sold by
Galasso Mark A and Galasso Martin A
Bought by
M2g Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 2, 2000
Sold by
Benz Dixon W and Benz Herta E
Bought by
Galasso Janice A and Galasso Martin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
8.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 1993
Sold by
Anderson Homes Inc
Bought by
Benz Dixon W and Benz Herta E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Valley Property Management Llc $3,200,000 Attorney
Alan Fraser Homes Corp $2,550,000 Attorney
M2g Llc -- Attorney
Galasso Janice A $2,125,000 --
Benz Dixon W $1,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner M2g Llc $2,000,000
Previous Owner Galasso Janice A $1,400,000
Previous Owner Benz Dixon W $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/09/2021 03/09/21 Sold $3,200,000 0.0% $672 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
02/12/2021 02/12/21 Off Market $3,200,000 -- --
09/09/2020 09/09/20 For Sale $3,300,000 +29.4% $693 / Sq Ft
08/31/2018 08/31/18 Sold $2,550,000 -14.9% $586 / Sq Ft View Prior Sale
07/13/2018 07/13/18 Pending -- -- --
04/25/2018 04/25/18 Price Changed $2,995,000 -11.8% $689 / Sq Ft
04/09/2018 04/09/18 For Sale $3,395,000 -- $780 / 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 $31,400 $3,463,777 -- --
2024 $35,528 $3,148,888 $3,148,888 --
2023 $35,528 $3,495,180 $3,495,180 $0
2022 $37,744 $3,495,180 $3,495,180 $0
2021 $25,974 $2,058,128 $0 $0
2020 $21,143 $1,871,025 $1,871,025 $0
2019 $21,298 $1,871,025 $1,871,025 $0
2018 $33,882 $2,980,155 $1,852,500 $1,127,655
2017 $29,637 $2,413,699 $0 $0
2016 $28,200 $2,194,272 $0 $0
2015 $23,056 $1,994,793 $0 $0
2014 $21,135 $1,798,458 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 220056994

Naples Area Board of REALTORS®

APN: 66674377750