NOT LISTED FOR SALE

Estimated Value: $1,505,058 - $1,957,000

2 Beds
2 Baths
1,305 Sq Ft
$967/mo HOA Fee

Last Sold May 21, 2019

Last sale price $1,200,000 $920 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $11,035/month

208 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • Gulf View
  • Sea Gate Elementary School Rated A
  • 24-Hour Guard
  • Marble Flooring

About This Home

As of May 2019

Best views in Naples Cay! Enjoy incredible gulf, beach and bay views from this spectacular newly renovated 10th floor unit! No detail overlooked. All windows are new and are hurricane impact to code! Gourmet kitchen w/marble countertops, power shades in living room and master bedroom, two 55 inch flat screen TV's and custom cabinetry. All professionally decorated. A great opportunity to own a rare beach front property that can generate over $120,000 of income per year. Already has over 70,000 booked for coming months with more to come. Close to restaurants and shopping at the Waterside Shops and Village Shops

Last Agent to Sell the Property

John Covelli

Downing Frye Realty Inc. Listed on: 08/24/2018

Downing Frye Realty Inc.

Last Buyer's Agent

Mary Catherine White

Downing Frye Realty Inc.

Downing Frye Realty Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,191

Year Built

  • Built in 1990

Lot Details

  • Beach Front
  • West Facing Home
  • Gated Home

HOA Fees

Parking

  • Common or Shared Parking

Home Design

  • Condo Hotel
  • Entry on the 10th floor
  • Flat Roof Shape
  • Concrete Block With Brick
  • Poured Concrete
  • Stucco

Interior Spaces

  • 1,305 Sq Ft Home
  • Furnished
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Sliding Windows
  • Casement Windows
  • Combination Dining and Living Room
  • Gulf Views

Kitchen

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

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Built-In Bedroom Cabinets
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Shower

Schools

  • Sea Gate Elementary School
  • Gulfview Middle School
  • Naples High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 05760000769
  • Tax Block 1002

Community Details

Overview

  • 50 Units
  • High-Rise Condominium
  • Club At Naples Cay Condos
  • Mandatory home owners association
  • 14-Story Property

Amenities

  • Community Barbecue Grill
  • Sauna
  • Trash Chute
  • Business Center
  • Recreation Room
  • Elevator
  • Lobby
  • Bike Room
  • Community Storage Space

Recreation

  • Gulf Boat Access
  • Community Beach Access
  • Tennis Courts
  • Exercise Course
  • Community Pool or Spa Combo
  • Park
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Guard
  • Card or Code Access
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,191

Year Built

Built in 1990

Lot Details

0

HOA Fees

$967 per month

Listing Details

  • Legal Description: CLUB AT NAPLES CAY, THE A CONDOMINIUM UNIT 1002-A
  • Property Type: Residential
  • Table: Residential
  • Building Design: High Rise (8+)
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 14

Interior Features

  • Furnished Description: Furnished
  • Num Unit Floor: 10
  • Price Per Sq Ft: 919.54
  • Total Floors: 14
  • Estimated Living Area: 1305
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: Split Bedrooms
  • Bedrooms: 2+Den
  • Total Bedrooms: 2
  • Dining Room: Breakfast Bar, Living Dining
  • Elevator: Common
  • Equipment: Cooktop, Dishwasher, Dryer, Microwave, Range, Refrigerator, Refrigerator/Icemaker, Satellite Dish, Self Cleaning Oven, Smoke Detector, Wall Oven, Warming Tray, Washer
  • Flooring: Marble, Wood
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Closet Cabinets, Fire Sprinkler, Smoke Detectors, Walk-In Closet
  • Primary Bathroom: Dual Sinks, Shower Only
  • Windows: Casement, Sliding

Exterior Features

  • Gulf Access: Yes
  • Private Pool: No
  • Private Spa: No
  • Roof: Built-Up Or Flat
  • Construction: Concrete Block, Poured Concrete
  • Road: County Maintained, Private Road
  • View: Gulf
  • Exterior Features: Outdoor Shower, Tennis Court
  • Exterior Finish: Stucco
  • Waterfront Type: On the Gulf Beach

Garage/Parking

  • Parking: Common

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Security: Entry Keypad, Gated, Guard At Gate, Lobby, Patrolled
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Approval: Application Fee
  • Management: Remarks
  • Mandatory HOA: Yes
  • Sub Condo Name: CLUB AT NAPLES CAY
  • Condo Fees: 2135
  • Condo Fee Frequency: Quarterly
  • Maintenance: Internet/WiFi Access, Trash Removal
  • Master Hoa Fee: 765
  • Master HOA Fee Frequency: Quarterly

Association/Amenities

  • Pets: With Approval
  • Development: Naples Cay
  • Amenities: BBQ - Picnic, Beach Access, Bike And Jog Path, Bike Storage, Business Center, Community Park, Community Pool, Community Room, Community Spa/Hot tub, Exercise Room, Extra Storage, Guest Room, Sauna, Tennis Court, Trash Chute, Underground Utility
  • Community Type: Condo/Hotel, Gated, Tennis
  • Units In Building: 50
  • Total Number of Units: 296

Fee Information

  • Application Fee: 100.00

Schools

  • Elementary School: Sea Gate Elementary
  • High School: Naples High School
  • Middle School: Gulfview Middle School

Lot Info

  • Builder Product: No
  • Section: 16
  • Total Area: 1525
  • Waterfront: Yes
  • Rear Exposure: West
  • Parcel Number: 05760000769

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 52
  • Min Days Of Lease: 7

Tax Info

  • Tax Description: City And County, County Only
  • Taxes: 8191.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2018
Closed on
May 21, 2019
Sold by
Seagate 1002 Llc
Bought by
Clubhouse Partners Llc
Seller's Agent
John Covelli
Downing Frye Realty Inc.
Buyer's Agent
Mary Catherine White
Downing Frye Realty Inc.
List Price
$1,425,000
Sold Price
$1,200,000
Premium/Discount to List
-$225,000
-15.79%
Current Estimated Value
$1,739,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$539,515
Avg. Annual Appreciation
5.71%
Original Mortgage
$960,000
Outstanding Balance
$837,020
Interest Rate
4.1%
Mortgage Type
Commercial
Estimated Equity
$902,495

Purchase Details

Listed on
Dec 22, 2014
Closed on
Dec 18, 2014
Sold by
Sullivan Marc and Buckley John S
Bought by
Seagate 1002 Llc
Seller's Agent
Paula Sims
Alfred Robbins Realty Group
Buyer's Agent
John Covelli
Downing Frye Realty Inc.
List Price
$875,000
Sold Price
$875,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.42%

Purchase Details

Closed on
Jan 27, 2010
Sold by
Sullivan Marc
Bought by
Sullivan Marc and Buckley John S

Purchase Details

Closed on
Aug 9, 1996
Sold by
Barnett Bk Naples
Bought by
Sullivan Haywood C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Clubhouse Partners Llc $1,200,000 Attorney
Clubhouse Partners Llc $1,200,000 Attorney
Seagate 1002 Llc $875,000 Attorney
Seagate 1002 Llc $875,000 Attorney
Sullivan Marc -- Attorney
Sullivan Marc -- Attorney
Sullivan Haywood C $270,000 --
Sullivan Haywood C $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clubhouse Partners Llc $960,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/21/2019 05/21/19 Sold $1,200,000 -5.5% $920 / Sq Ft
03/20/2019 03/20/19 Pending -- -- --
03/04/2019 03/04/19 Price Changed $1,270,000 -1.9% $973 / Sq Ft
02/05/2019 02/05/19 Price Changed $1,295,000 -4.1% $992 / Sq Ft
11/29/2018 11/29/18 Price Changed $1,350,000 -3.2% $1,034 / Sq Ft
10/09/2018 10/09/18 Price Changed $1,395,000 -2.1% $1,069 / Sq Ft
08/24/2018 08/24/18 For Sale $1,425,000 +62.9% $1,092 / Sq Ft
12/22/2014 12/22/14 Sold $875,000 0.0% $670 / Sq Ft View Prior Sale
12/22/2014 12/22/14 For Sale $875,000 -- $670 / 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 $12,420 $1,379,750 -- $1,379,750
2024 $11,857 $1,346,939 -- --
2023 $11,857 $1,224,490 $0 $0
2022 $11,436 $1,113,173 $0 $0
2021 $10,384 $1,011,975 $0 $1,011,975
2020 $10,273 $1,011,975 $0 $1,011,975
2019 $10,051 $979,350 $0 $979,350
2018 $9,590 $919,489 $0 $0
2017 $8,772 $835,899 $0 $0
2016 $8,082 $759,908 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 218056083

Naples Area Board of REALTORS®

APN: 05760000769