NOT LISTED FOR SALE

Estimated Value: $1,569,030 - $2,011,000

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

Last Sold August 15, 2019

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

Est. 48% increase in value since last sale

Current estimated payment $11,440/month

36 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • 24-Hour Guard
  • Sea Gate Elementary School Rated A
  • Fishing Pier
  • Ocean To Bay Views

About This Home

As of August 2019

Best views in Naples Cay!! Enjoy incredible gulf, beach and bay views from the spectacular recently renovated unit. All new impact windows. No detail overlooked. Gourmet kitchen w/marble counter tops, power shades in living room & master, 2 large flat screen TV's and custom cabinetry. All professionally decorated. A great opportunity to own a rare beachfront property that can generate over $120,000 of gross income per year!

Last Agent to Sell the Property

John Covelli

Downing Frye Realty Inc. Listed on: 05/23/2019

Downing Frye Realty Inc.

Last Buyer's Agent

John Egan

William Raveis Real Estate

William Raveis Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,796

Year Built

  • Built in 1990

Lot Details

  • Beach Front
  • Property fronts gulf or ocean
  • East Facing Home
  • Gated Home

HOA Fees

Parking

  • Common or Shared Parking

Property Views

  • Ocean To Bay
  • Gulf

Home Design

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

Interior Spaces

  • 1,305 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Furnished or left unfurnished upon request
  • Sliding Windows
  • Casement Windows
  • Combination Dining and Living Room
  • Den
  • Storage
  • Home Gym

Kitchen

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

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

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • No Fixed Bridges
  • Balcony
  • Courtyard
  • Deck

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 05760000840
  • Tax Block 1102

Community Details

Overview

  • 50 Units
  • High-Rise Condominium
  • Club At Naples Cay Condos

Amenities

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

Recreation

  • Fishing Pier
  • Gulf Boat Access
  • Community Beach Access
  • Tennis Courts
  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,796

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 1102-A
  • Property Type: Residential
  • Table: Residential
  • Building Design: High Rise (8+)
  • Building Description: Florida
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Furnished Description: Furnished
  • Num Unit Floor: 10
  • Price Per Sq Ft: 919.54
  • Total Floors: 1
  • Room Count: 6
  • Additional Rooms: Balcony, Exercise, Laundry in Residence, Den/Study
  • 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 - Electric, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Freezer, Refrigerator/Icemaker, Satellite Dish, Self Cleaning Oven, Smoke Detector, Wall Oven, 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
  • Gulf Access Type: No Bridge(s)/Water Direct
  • Irrigation: Central
  • Road: County Maintained, Paved Road
  • View: Gulf, Gulf and Bay
  • Exterior Features: Courtyard, Deck, Storage, Tennis Court
  • Exterior Finish: Stucco
  • Waterfront Type: Gulf Frontage, On the Gulf Beach

Garage/Parking

  • Parking: Common

Utilities

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

Condo/Co-op/Association

  • Management Company Phone: 239-262-1568
  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: No RV
  • Sub Condo Name: CLUB AT NAPLES CAY
  • HOA Fees: 2135
  • HOA Fee Frequency: Quarterly
  • Maintenance: Cable, 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, Extra Storage, Fishing Pier, Sauna, Tennis Court, Trash Chute
  • 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
  • Middle School: GULFVIEW MIDDLE SCHOOL
  • High School: NAPLES HIGH SCHOOL
  • Elementary School: Sea Gate Elementary
  • High School: Naples High School
  • Middle School: Gulfview Middle School

Lot Info

  • Builder Product: No
  • Lot Unit: A
  • Section: 16
  • Total Area: 1528
  • Waterfront: Yes
  • Rear Exposure: East
  • Lot Description: Across From Waterfront
  • Parcel Number: 05760000840

Rental Info

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

Tax Info

  • Tax Description: City And County, No Homestead
  • Taxes: 8796.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2019
Closed on
Aug 15, 2019
Sold by
Seagate 1102 Llc
Bought by
Sinsakul Marvin and Maaske Jill
Seller's Agent
John Covelli
Downing Frye Realty Inc.
Buyer's Agent
John Egan
William Raveis Real Estate
List Price
$1,280,000
Sold Price
$1,200,000
Premium/Discount to List
-$80,000
-6.25%
Current Estimated Value
$1,777,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$577,258
Avg. Annual Appreciation
6.58%
Original Mortgage
$720,000
Outstanding Balance
$630,587
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$1,146,671

Purchase Details

Closed on
Jan 14, 2016
Sold by
Covelli John J
Bought by
Seagate 1102 Llc

Purchase Details

Closed on
Feb 20, 2014
Sold by
Milo Anton Gregory Cyril and Milo Thomas Kevin
Bought by
Covelli John J

Purchase Details

Closed on
May 2, 1994
Sold by
Bouresli Rashed Saleh
Bought by
Milo Patricia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
7.77%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Sinsakul Marvin $1,200,000 Attorney
Seagate 1102 Llc -- Attorney
Covelli John J $790,000 Attorney
Milo Patricia Ann $342,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sinsakul Marvin $720,000
Previous Owner Milo Patricia Ann $239,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2019 08/15/19 Sold $1,200,000 -6.3% $920 / Sq Ft
06/28/2019 06/28/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $1,280,000 -- $981 / 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 $12,602 $1,399,750 -- $1,399,750
2024 $12,033 $1,366,904 -- --
2023 $12,033 $1,242,640 $0 $0
2022 $11,606 $1,129,673 $0 $0
2021 $10,538 $1,026,975 $0 $1,026,975
2020 $10,425 $1,026,975 $0 $1,026,975
2019 $10,205 $994,350 $0 $994,350
2018 $9,749 $935,461 $0 $0
2017 $8,909 $850,419 $0 $0
2016 $8,212 $773,108 $0 $0
2015 $7,476 $702,825 $0 $0
2014 $7,182 $667,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 219038111

Naples Area Board of REALTORS®

APN: 05760000840