NOT LISTED FOR SALE

Estimated Value: $1,547,000 - $1,657,000

2 Beds
2 Baths
1,305 Sq Ft
$1,775/mo HOA Fee

Last Sold May 31, 2024

Last sale price $1,850,000 $1,418 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $10,948/month

50 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • Gated with Attendant
  • Sea Gate Elementary School Rated A
  • Mangrove Front
  • Gulf View

About This Home

As of May 2024

Absolutely stunning beachfront condo in the Club at Naples Cay. If you don’t know Naples Cay, you’re missing out. This is a wonderful gated, beachfront neighborhood which has direct beach access via a boardwalk through the mangroves. This gorgeous home was renovated in 2022 and provides 2 bedrooms and a den. The kitchen has new cabinets and quartz counters. The appliances are all stainless steel and the view from the kitchen sink is amazing! There are no barriers to the view as new glass railings have been installed on the balcony which lives like another room. Other features include raised ceilings in the living room and kitchen. The master is spacious with two sets of sliders to the balcony, both with electric blackout shades. There's a new washer and dryer in the laundry "room". The Club has a roomy exercise room, large community pool and spa, two Har-Tru tennis courts, EV chargers and is pet friendly. Naples Cay is in a great location on the beach and Waterside, Artis and Venetian Village can all be reached by foot or bike.The Club has flexible rental opportunities should you wish to take advantage of the lucrative rental market in Naples. Welcome home!

Last Agent to Sell the Property

Christina Evans

John R Wood Properties Listed on: 01/02/2024

John R Wood Properties

Last Buyer's Agent

Amy Ashby

VIP Realty Group, Inc.

VIP Realty Group, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,308

Year Built

  • Built in 1990

Lot Details

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

HOA Fees

Property Views

  • Gulf
  • Mangrove

Home Design

  • Entry on the 4th floor
  • Concrete Block With Brick
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,305 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Windows
  • Combination Dining and Living Room
  • Den
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Built-In Bedroom Cabinets
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • Common or Shared Parking
  • Paved Parking

Outdoor Features

  • Mangrove Front
  • Lanai

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 05760000280
  • Tax Block 402

Community Details

Overview

  • 50 Units
  • High-Rise Condominium
  • Club At Naples Cay Condos
  • Naples Cay Community
  • Mandatory home owners association
  • Electric Vehicle Charging Station
  • Car Wash Area

Amenities

  • Trash Chute
  • Community Library
  • Recreation Room
  • Elevator
  • Bike Room

Recreation

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

Pet Policy

  • Pets up to 25 lbs
  • Call for details about the types of pets allowed
  • 1 Pet Allowed

Security

  • Gated with Attendant
  • Card or Code Access
  • Phone Entry
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,308

Year Built

Built in 1990

Lot Details

0

HOA Fees

$1,775 per month

Listing Details

  • Legal Description: CLUB AT NAPLES CAY, THE A CONDOMINIUM UNIT 402-A
  • Property Type: Residential
  • Table: Residential
  • Building Design: High Rise (8+)
  • Building Description: Other
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 1990
  • Directions: Seagate Dr to end on right just before beach parking. Continue through guard gate, turn right and parking on right.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Furnished
  • Num Unit Floor: 4
  • Price Per Sq Ft: 1417.62
  • Total Floors: 1
  • Additional Rooms: Den/Study, Guest Bath, Guest Room, Laundry in Residence, Open Porch/Lanai
  • 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: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Icemaker, Self Cleaning Oven, Smoke Detector, Washer
  • Flooring: Wood
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Closet Cabinets, Fire Sprinkler, Internet Available, Smoke Detectors, Window Coverings
  • Primary Bathroom: Shower Only
  • Windows: Impact Resistant, Single Hung, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Metal
  • Construction: Concrete Block
  • Irrigation: Central
  • Road: Paved Road, Private Road
  • View: Gulf, Mangroves
  • Exterior Finish: Stucco
  • Waterfront Type: Gulf Frontage, Mangrove, On the Gulf Beach

Garage/Parking

  • Parking: Common, Electric Vehicle Charging, Paved Parking

Utilities

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

Condo/Co-op/Association

  • Approval: Application Fee
  • Management: On-Site
  • Mandatory HOA: Yes
  • Restrictions: No Commercial, No RV
  • Sub Condo Name: CLUB AT NAPLES CAY
  • Condo Fees: 4300
  • Condo Fee Frequency: Quarterly
  • Maintenance: Cable, Internet/WiFi Access, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Master Association Fee Incl, Pest Control Exterior, Recreational Facilities, Reserve, Security, Sewer, Street Lights, Street Maintenance, Trash Removal, Water
  • Master Hoa Fee: 1025
  • Master HOA Fee Frequency: Quarterly
  • Development Name: NAPLES CAY

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 1
  • Pets Limit Max Weight: 25
  • Development: Naples Cay
  • Amenities: Beach Access, Bike Storage, Community Pool, Community Room, Community Spa/Hot tub, Electric Vehicle Charging, Exercise Room, Internet Access, Library, Sidewalk, Streetlight, Tennis Court, Trash Chute, Underground Utility, Vehicle Wash Area
  • Community Type: Gated, Tennis
  • Units In Building: 50
  • Total Number of Units: 296

Fee Information

  • Application Fee: 150.00

Lot Info

  • Builder Product: No
  • Section: 16
  • Total Area: 1528
  • Waterfront: Yes
  • Rear Exposure: West
  • Lot Description: Other
  • Parcel Number: 05760000280

Rental Info

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

Tax Info

  • Tax Description: County Only, Homestead
  • Taxes: 10308.16
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2024
Closed on
May 31, 2024
Sold by
Verban Emil M and Verban Marisa
Bought by
Boone Health Center Llc
Seller's Agent
Christina Evans
John R Wood Properties
Buyer's Agent
Amy Ashby
VIP Realty Group, Inc.
List Price
$1,975,000
Sold Price
$1,850,000
Premium/Discount to List
-$125,000
-6.33%
Views
17
Current Estimated Value
$1,596,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$253,198
Avg. Annual Appreciation
-8.34%

Purchase Details

Listed on
Mar 1, 2018
Closed on
Aug 30, 2019
Sold by
Seagate 1002 Llc
Bought by
Verban Emil M and Verban Marisa
Seller's Agent
John Covelli
Downing Frye Realty Inc.
Buyer's Agent
John Covelli
Downing Frye Realty Inc.
List Price
$1,300,000
Sold Price
$1,145,000
Premium/Discount to List
-$155,000
-11.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.60%
Original Mortgage
$687,000
Interest Rate
3.4%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 3, 2019
Sold by
Seagate 402 Llc
Bought by
Seagate 1002 Llc

Purchase Details

Listed on
Dec 30, 2015
Closed on
Jan 20, 2016
Sold by
Seagate Suites Llc
Bought by
Seagate 402 Llc
Seller's Agent
Fauzia Tahiry
Premier Sotheby's Int'l Realty
Buyer's Agent
John Covelli
Downing Frye Realty Inc.
List Price
$1,200,000
Sold Price
$965,000
Premium/Discount to List
-$235,000
-19.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.13%

Purchase Details

Closed on
Oct 1, 2015
Bought by
Seagate 402 Llc

Purchase Details

Closed on
Apr 15, 2005
Sold by
40 Seagate Llc
Bought by
Smith Robert L and Smith Judy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 2, 2003
Sold by
Strand Robert
Bought by
40 Seagate L L C
Source: Public Records
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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
Boone Health Center Llc $1,850,000 None Listed On Document
Boone Health Center Llc $1,850,000 None Listed On Document
Verban Emil M $1,145,000 Attorney
Seagate 1002 Llc -- Attorney
Seagate 402 Llc -- Attorney
Seagate Suites Llc $965,000 Attorney
Seagate 402 Llc $100 --
Smith Robert L $1,100,000 --
40 Seagate L L C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Verban Emil M $687,000
Previous Owner Smith Robert L $880,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2024 05/31/24 Sold $1,850,000 -6.3% $1,418 / Sq Ft
02/21/2024 02/21/24 Pending -- -- --
01/02/2024 01/02/24 For Sale $1,975,000 +72.5% $1,513 / Sq Ft
08/30/2019 08/30/19 Sold $1,145,000 -6.1% $877 / Sq Ft View Prior Sale
07/29/2019 07/29/19 Pending -- -- --
07/24/2019 07/24/19 Price Changed $1,220,000 -2.4% $935 / Sq Ft
03/04/2019 03/04/19 Price Changed $1,250,000 -3.1% $958 / Sq Ft
02/05/2019 02/05/19 Price Changed $1,290,000 -0.8% $989 / Sq Ft
03/01/2018 03/01/18 For Sale $1,300,000 +34.7% $996 / Sq Ft
01/19/2016 01/19/16 Sold $965,000 -19.6% $739 / Sq Ft View Prior Sale
01/11/2016 01/11/16 Pending -- -- --
12/30/2015 12/30/15 For Sale $1,200,000 -- $920 / Sq Ft
Source: Naples Area Board of REALTORS®

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 $10,472 $1,259,750 -- $1,259,750
2024 $10,308 $1,186,926 -- --
2023 $10,308 $1,152,355 $0 $0
2022 $10,592 $1,118,791 $0 $1,118,791
2021 $9,461 $921,975 $0 $921,975
2020 $9,359 $921,975 $0 $921,975
2019 $9,128 $889,350 $0 $889,350
2018 $9,458 $863,250 $0 $863,250
2017 $8,191 $795,000 $0 $795,000
2016 $7,300 $680,708 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 224001335

Naples Area Board of REALTORS®

APN: 05760000280