NOT LISTED FOR SALE

Club at Naples Clay 40 Seagate Dr Unit 502 Naples, FL 34103

Park Shore Neighborhood

Estimated Value: $1,491,698 - $1,834,000

3 Beds
2 Baths
1,305 Sq Ft
$980/mo HOA Fee

Last Sold January 27, 2020

Last sale price $1,140,000 $874 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $10,389/month

27 Days on Market

Highlights

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

About This Home

As of January 2020

C.16794 - Secluded yet perfectly located. Come experience why this beautifully appointed beachfront home is everything you'll love about life in Naples. Be captivated by gorgeous views of the Gulf of Mexico that extend to the impeccable landscaping and tropical surroundings. Easy maintenance allows you to make the most of your time in Paradise whether lounging on your balcony, warming yourself on the sun drenched beach, or actively pursuing tennis, cycling, canoeing or kayaking. Shop and dine at nearby world class Waterside shops and complete your day with a performance at Artis Naples. The ideal property for enjoying the Southwest Florida lifestyle or capturing potential rental revenue.

Last Agent to Sell the Property

Josie Mennini

John R Wood Properties Listed on: 11/22/2019

John R Wood Properties

Last Buyer's Agent

Robin Galles

Premiere Plus Realty Company

Premiere Plus Realty Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,910

Year Built

  • Built in 1990

Lot Details

  • Beach Front
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • West Facing Home
  • Gated Home

HOA Fees

Parking

  • Common or Shared Parking

Property Views

  • Ocean To Bay
  • Bay
  • Gulf
  • Mangrove

Home Design

  • Penthouse
  • Entry on the 5th floor
  • Turnkey
  • Concrete Block With Brick
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,305 Sq Ft Home
  • Custom Mirrors
  • 4 Ceiling Fans
  • Ceiling Fan
  • Window Treatments
  • Sliding Windows
  • French Doors
  • Combination Dining and Living Room

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • No Fixed Bridges
  • Mangrove Front
  • Balcony

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 05760000361
  • Tax Block 502

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Sauna
  • Trash Chute
  • Community Library
  • Recreation Room
  • Elevator
  • Bike Room

Recreation

  • Gulf Boat Access
  • Community Beach Access
  • Tennis Courts
  • Community Pool or Spa Combo
  • Park

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
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,910

Year Built

Built in 1990

Lot Details

0

HOA Fees

$980 per month

Listing Details

  • Legal Description: CLUB AT NAPLES CAY, THE A CONDOMINIUM UNIT 502-A
  • Property Type: Residential
  • Table: Residential
  • Building Design: High Rise (8+)
  • Building Description: Penthouse
  • Storm Protection: Impact Resistant Doors
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 14

Interior Features

  • Furnished Description: Turnkey
  • Numberof Ceiling Fans: 4
  • Num Unit Floor: 5
  • Price Per Sq Ft: 873.56
  • Total Floors: 14
  • Additional Rooms: Balcony, Guest Room, Laundry in Residence
  • Estimated Living Area: 1305
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Living Dining
  • Elevator: Common
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Icemaker, Self Cleaning Oven, Smoke Detector, Washer
  • Flooring: Carpet, Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Cable Prewire, Custom Mirrors, Fire Sprinkler, French Doors, Pantry, Smoke Detectors, Walk-In Closet, Window Coverings
  • Primary Bathroom: Shower Only
  • Windows: Sliding

Exterior Features

  • Gulf Access: Yes
  • Private Pool: No
  • Private Spa: No
  • Roof: Metal
  • Construction: Concrete Block
  • Gulf Access Type: No Bridge(s)/Water Direct
  • Irrigation: Central
  • View: Bay, Gulf, Gulf and Bay, Mangroves
  • Exterior Finish: Stucco
  • Waterfront Type: Bay, Gulf Frontage, Mangrove, 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

  • Approval: Application Fee, Buyer, Tenant
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: No RV, No Truck
  • Sub Condo Name: CLUB AT NAPLES CAY
  • Condo Fees: 2175
  • Condo Fee Frequency: Quarterly
  • Maintenance: Cable, Internet/WiFi Access, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Pest Control Interior, Recreational Facilities, Security, Sewer, Street Lights, Trash Removal, Water
  • 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: BBQ - Picnic, Beach Access, Bike Storage, Community Park, Community Pool, Community Room, Community Spa/Hot tub, Internet Access, Library, Sauna, Sidewalk, Streetlight, Tennis Court, Trash Chute, Underground Utility, Vehicle Wash Area
  • 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: 1528
  • Waterfront: Yes
  • Rear Exposure: West
  • Lot Description: Regular
  • Parcel Number: 05760000361

Rental Info

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

Tax Info

  • Tax Description: City And County, No Homestead
  • Taxes: 8910.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2019
Closed on
Jan 27, 2020
Sold by
Gaetano Cynthia L and Gaetano Robert H
Bought by
Aqua Tourmaline Llc
Seller's Agent
Josie Mennini
John R Wood Properties
Buyer's Agent
Robin Galles
Premiere Plus Realty Company
List Price
$1,020,000
Sold Price
$1,140,000
Premium/Discount to List
$120,000
11.76%
Current Estimated Value
$1,627,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$487,244
Avg. Annual Appreciation
6.01%

Purchase Details

Closed on
Aug 2, 2004
Sold by
Morris James T
Bought by
Gaetano Cynthia L and Gaetano Dr H Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2003
Sold by
Morris James T and Donetta S Morris Rev Tr Agreem
Bought by
Morris James T and James T Morris Rev Tr Agreemen

Purchase Details

Closed on
Nov 23, 1999
Sold by
Morris James T and Morris Donetta S
Bought by
Morris James R
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
Aqua Tourmaline Llc $1,140,000 Attorney
Gaetano Cynthia L $940,000 --
Morris James T -- --
Morris James R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gaetano Cynthia L $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2020 01/27/20 Sold $1,140,000 +11.8% $874 / Sq Ft
12/19/2019 12/19/19 Pending -- -- --
11/22/2019 11/22/19 For Sale $1,020,000 -- $782 / 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 $11,509 $1,279,750 -- $1,279,750
2024 $10,978 $1,247,114 -- --
2023 $10,978 $1,133,740 $0 $0
2022 $10,582 $1,030,673 $0 $0
2021 $9,615 $936,975 $0 $936,975
2020 $9,512 $936,975 $0 $936,975
2019 $9,282 $904,350 $0 $904,350
2018 $8,796 $839,629 $0 $0
2017 $8,088 $763,299 $0 $0
2016 $7,430 $693,908 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Josie Mennini

    Seller's Agent in 2020

    Josie Mennini

    John R. Wood Properties

    (239) 398-3643

    6 Total Sales

    Josie Mennini
    Section Image
  • Robin Galles

    Buyer's Agent in 2020

    Robin Galles

    Premiere Plus Realty Company

    (310) 883-8930

    1 in this area

    12 Total Sales

    Robin Galles
    Section Image
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About Club at Naples Clay

Map

Source: Naples Area Board of REALTORS®

MLS Number: 219077958

Naples Area Board of REALTORS®

APN: 05760000361

Florida Collier County Naples 34103 Park Shore

40 Seagate Dr Unit 502, Naples, FL

Not Listed for Sale

Condos

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Naples Area Board of REALTORS® The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2025 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

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