NOT LISTED FOR SALE

Estimated Value: $1,504,000 - $1,998,000

2 Beds
2 Baths
1,305 Sq Ft
$1,294/Sq Ft Est. Value

Last Sold April 22, 2019

Last sale price $942,500 $722 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $10,782/month

52 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • Tennis Courts
  • Sea Gate Elementary School Rated A
  • Private Beach
  • Gated with Attendant

About This Home

As of April 2019

Recently staged, don't miss this incredible opportunity to live on the beach for under one million. Enjoy magnificent beachfront views and tropical sunsets from this lovely, pet-friendly building. One of the few luxury buildings in Naples allowing weekly rentals, this residence has outstanding rental income potential. A great opportunity for investment or to enjoy the property with family and friends. This condominium boasts beautiful travertine marble floors, white kitchen, open floor plan and forever views. The Club at Naples Cay has numerous amenities in a guard-gated enclave nestled between Park Shore and Pelican Bay. Located within walking distance of the shops and restaurants of Venetian Village, Waterside Shops and Artis-Naples. Actually located on the third floor of the building with great waterfront views. Remember, no state income taxes for Florida residents!

Last Agent to Sell the Property

Julie Rembos

Premier Sotheby's Int'l Realty Listed on: 01/02/2019

Premier Sotheby's Int'l Realty

Last Buyer's Agent

Pamela Keyes

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,989

Year Built

  • Built in 1990

Lot Details

  • Beach Front
  • Property fronts gulf or ocean
  • Private Beach
  • Street terminates at a dead end
  • West Facing Home
  • Gated Home
  • Paved or Partially Paved Lot

HOA Fees

Parking

  • Common or Shared Parking

Home Design

  • Entry on the 2nd floor
  • Turnkey
  • Concrete Block With Brick
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,305 Sq Ft Home
  • Tray Ceiling
  • 3 Ceiling Fans
  • Ceiling Fan
  • Window Treatments
  • Sliding Windows
  • Great Room
  • Combination Dining and Living Room
  • Home Office
  • Storage
  • Gulf Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Tennis Courts
  • Balcony
  • Patio
  • Lanai

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 05760000125
  • Tax Block 202

Community Details

Overview

  • High-Rise Condominium
  • 14-Story Property

Amenities

  • Sauna
  • Trash Chute
  • Billiard Room
  • Community Library
  • Elevator
  • Bike Room
  • Community Storage Space

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Playground
  • Exercise Course
  • Community Pool or Spa Combo
  • Park
  • Dog Park

Security

  • Gated with Attendant
  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,989

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 202-A
  • Property Type: Residential
  • Table: Residential
  • Building Design: High Rise (8+)
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Furnished Description: Turnkey
  • Numberof Ceiling Fans: 3
  • Num Unit Floor: 2
  • Price Per Sq Ft: 722.22
  • Total Floors: 14
  • Room Count: 6
  • Additional Rooms: Balcony, Great Room, Guest Bath, Guest Room, Home Office, Laundry in Residence, Open Porch/Lanai, Den/Study
  • Estimated Living Area: 1305
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2+Den
  • Total Bedrooms: 2
  • Dining Room: Breakfast Bar, Living Dining
  • Elevator: Common
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Icemaker, Self Cleaning Oven, Smoke Detector, Washer
  • Flooring: Carpet, Marble
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Fire Sprinkler, High Speed Available, Smoke Detectors, Tray Ceiling, Window Coverings
  • Primary Bathroom: Combo Tub And Shower
  • Windows: Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Metal
  • Construction: Concrete Block
  • Irrigation: Assessment Paid
  • Road: Dead End, Paved Road, Private Road
  • View: Gulf
  • Exterior Features: Patio, Storage, Tennis Court
  • Exterior Finish: Stucco
  • Waterfront Type: Gulf Frontage, 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
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239-262-1568
  • Approval: Application Fee
  • Management: Condo
  • Mandatory HOA: Yes
  • Restrictions: No Commercial, No RV, No Truck
  • Sub Condo Name: CLUB AT NAPLES CAY
  • Condo Fees: 2135
  • Condo Fee Frequency: Quarterly
  • Maintenance: Cable, Insurance, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Recreational Facilities, Repairs, Reserve, Security, Street Maintenance
  • Master Hoa Fee: 765
  • Master HOA Fee Frequency: Quarterly

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 1
  • Pets Limit Max Weight: 25
  • Development: Naples Cay
  • Amenities: Beach - Private, Beach Access, Bike Storage, Billiards, Community Park, Community Pool, Community Room, Community Spa/Hot tub, Dog Park, Exercise Room, Extra Storage, Internet Access, Library, Play Area, Sauna, Sidewalk, Streetlight, Tennis Court, Trash Chute, Underground Utility
  • Community Type: Gated
  • 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: West
  • Lot Description: Zero Lot Line
  • Parcel Number: 05760000125

Rental Info

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

Tax Info

  • Tax Description: City And County, No Homestead
  • Taxes: 6989.39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2019
Closed on
Apr 22, 2019
Sold by
Guggemos Investments Llc
Bought by
20240 Seagate Lllp
Seller's Agent
Julie Rembos
Premier Sotheby's Int'l Realty
Buyer's Agent
Pamela Keyes
Coldwell Banker Realty
List Price
$995,000
Sold Price
$942,500
Premium/Discount to List
-$52,500
-5.28%
Current Estimated Value
$1,688,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$746,303
Avg. Annual Appreciation
9.42%

Purchase Details

Closed on
Apr 15, 2002
Sold by
Kerbawy Kyle C and Fenner Teri L
Bought by
Guggmos Inv L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 1999
Sold by
Gerz Frend Hirschovits
Bought by
Kerbawy Kyle C and Fenner Teri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
20240 Seagate Lllp $942,500 Attorney
Guggmos Inv L L C $700,000 --
Kerbawy Kyle C $390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guggmos Inv L L C $560,000
Previous Owner Kerbawy Kyle C $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2019 04/22/19 Sold $942,500 -5.3% $722 / Sq Ft
02/23/2019 02/23/19 Pending -- -- --
01/02/2019 01/02/19 For Sale $995,000 -- $762 / 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 $10,329 $1,114,750 -- $1,114,750
2024 $9,959 $1,074,084 -- --
2023 $9,959 $976,440 $0 $0
2022 $9,138 $887,673 $0 $0
2021 $8,281 $806,975 $0 $806,975
2020 $8,192 $806,975 $0 $806,975
2019 $7,947 $774,350 $0 $774,350
2018 $7,628 $741,135 $0 $0
2017 $6,989 $673,759 $0 $0
2016 $6,627 $612,508 $0 $0
2015 $5,923 $556,825 $0 $0
2014 $5,783 $537,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 219000245

Naples Area Board of REALTORS®

APN: 05760000125