NOT LISTED FOR SALE

Regatta at Vanderbilt Beach 400 Flagship Dr Unit 507 Naples, FL 34108

Vanderbilt Beach Neighborhood

Estimated Value: $1,286,000 - $1,503,000

3 Beds
3 Baths
2,035 Sq Ft
$692/Sq Ft Est. Value

Last Sold May 22, 2019

Last sale price $885,000 $435 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $9,209/month

28 Days on Market

Highlights

  • Marina
  • Boating
  • Property Fronts a Bay or Harbor
  • Naples Park Elementary School Rated A-
  • Leased Dock
  • Gated with Attendant

About This Home

As of May 2019

Splendid TREASURE in luxurious Regatta I. Prized great room floor plan invites more vistas, more light and outdoor waterfront living. Fifth floor (really 6th) vantage fastens to intimate unobstructed big bay panorama. Lovely Gulf views flank the west end of the HUGE wraparound lanai that features two seating areas. Handy kitchen pass through window makes outdoor dining a dream. Second kitchen window multiplies the bayfront scenery and dance of light. Generous 3 bedroom 3 bath offers just over 2000' sq ft of eye catching interior with higher ceilings, taller doors, porcelain tile flooring, plantation and electric shutters. Exuberant storage with 3 walk in closets, 2 linen closets, a walk in pantry and a generous laundry room with extra cabinets. Resort living features 2 pools, 2 spas, 2 fitness rooms, grand BBQ areas, a Clubhouse with kitchen, 55 slip marina, an assigned under building PREMIUM parking space, extra storage, in a secured environment with on site management. The Gulf of Mexico an easy walk, the acclaimed Beach Ritz Carlton your neighbor nearby. Offered turnkey with exclusions. Pet's welcomed with open arms! Feels like your own private island!

Last Agent to Sell the Property

Pamela Frey

Premiere Plus Realty Company License #NAPLES-249512831 Listed on: 03/24/2019

Premiere Plus Realty Company

Last Buyer's Agent

Pamela Frey

Premiere Plus Realty Company License #NAPLES-249512831 Listed on: 03/24/2019

Premiere Plus Realty Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,049

Year Built

  • Built in 2000

Lot Details

  • Property Fronts a Bay or Harbor
  • Northwest Facing Home
  • Gated Home

HOA Fees

  • $904 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Garage Space
  • Deeded Parking

Property Views

  • Bay
  • Partial Bay or Harbor

Home Design

  • Entry on the 5th floor
  • Turnkey
  • Flat Roof Shape
  • Concrete Block With Brick
  • Stucco

Interior Spaces

  • 2,035 Sq Ft Home
  • 1-Story Property
  • 5 Ceiling Fans
  • Ceiling Fan
  • Electric Shutters
  • Single Hung Windows
  • Sliding Windows
  • French Doors
  • Great Room
  • Combination Dining and Living Room
  • Screened Porch
  • Storage

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Fixed Bridges
  • Leased Dock

Schools

  • Naples Park Elementary School
  • Pine Ridge Middle School
  • Barron Collier High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 69075010529

Community Details

Overview

  • High-Rise Condominium
  • Mandatory home owners association

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Recreation Room
  • Elevator
  • Bike Room
  • Community Storage Space

Recreation

  • Boating
  • Fishing Pier
  • Gulf Boat Access
  • Marina
  • Exercise Course
  • Community Pool or Spa Combo

Security

  • Gated with Attendant
  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,049

Year Built

Built in 2000

Lot Details

0

HOA Fees

$904 per month

Parking

1

Listing Details

  • Legal Description: REGATTA AT VANDERBILT BEACH I A CONDOMINIUM UNIT 507
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.25327265542199$-81.81932801314804$12.52$13.33$1.00$UbS6ilDgdsdh-HjJ7FSrTQ
  • Building Design: High Rise (8+)
  • Storm Protection: Electric Shutters
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished Description: Turnkey
  • Numberof Ceiling Fans: 5
  • Num Unit Floor: 5
  • Price Per Sq Ft: 434.89
  • Total Floors: 1
  • Additional Rooms: Great Room, Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 2035
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedroom Description: Split Bedrooms
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Breakfast Bar, Living Dining
  • Elevator: Common
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Smoke Detector, Washer
  • Flooring: Carpet, Tile
  • Floor Plan: Great Room
  • Interior Amenities: Cable Prewire, Fire Sprinkler, French Doors, Laundry Tub, Pantry, Smoke Detectors, Walk-In Closet, Window Coverings
  • Kitchen: Walk-In Pantry
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Windows: Single Hung, Sliding

Exterior Features

  • Gulf Access: Yes
  • Private Pool: No
  • Private Spa: No
  • Roof: Built-Up Or Flat
  • Canal Width: 121-150
  • Construction: Concrete Block
  • Gulf Access Type: Bridge(s)/Water Indirect
  • Boat Access: Dock Lease, Dock Purchase
  • Irrigation: Central
  • Road: Private Road
  • View: Bay, Partial Gulf
  • Exterior Features: Storage
  • Exterior Finish: Stucco
  • Waterfront Type: Bay

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 1
  • Parking: Under Bldg Open

Utilities

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

Condo/Co-op/Association

  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Architectural, Deeded, No Commercial, No Motorcycles, No RV, No Truck
  • Sub Condo Name: REGATTA
  • Condo Fees: 2712
  • Condo Fee Frequency: Quarterly
  • Maintenance: Cable, Fidelity Bond, Insurance, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Master Association Fee Incl, Pest Control Exterior, Recreational Facilities, Repairs, Reserve, Security, Sewer, Street Maintenance, Trash Removal, Water

Association/Amenities

  • Pets: No Approval Needed
  • Development: Vanderbilt Beach
  • Amenities: BBQ - Picnic, Bike Storage, Community Pool, Community Room, Community Spa/Hot tub, Exercise Room, Extra Storage, Fishing Pier, Internet Access, Marina, Streetlight, Trash Chute, Underground Utility
  • Community Type: Boating, Gated
  • Units In Building: 80
  • Total Number of Units: 205

Fee Information

  • Application Fee: 100.00

Schools

  • Elementary School: Naples Park Elementary School
  • High School: Barron Collier High School
  • Middle School: Pine Ridge Middle School

Lot Info

  • Builder Product: No
  • Section: 32
  • Total Area: 2367
  • Waterfront: Yes
  • Rear Exposure: Northwest
  • Parcel Number: 69075010529

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 12
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: County Only
  • Tax District Type: Municipal Service Tax Unit
  • Taxes: 8049.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2019
Closed on
May 22, 2019
Sold by
Morrill David K
Bought by
The Pearce Family Trust
Seller's Agent
Pamela Frey
Premiere Plus Realty Company
Buyer's Agent
Pamela Frey
Premiere Plus Realty Company
List Price
$949,000
Sold Price
$885,000
Premium/Discount to List
-$64,000
-6.74%
Current Estimated Value
$1,409,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$524,131
Avg. Annual Appreciation
7.27%
Original Mortgage
$385,000
Outstanding Balance
$337,805
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$1,071,326

Purchase Details

Closed on
Jan 24, 2011
Sold by
Fauls Franchesca G
Bought by
Morrill David K

Purchase Details

Closed on
Sep 30, 2004
Sold by
Bayt Teresa K
Bought by
Fauls Franchesca G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
The Pearce Family Trust $885,000 Attorney
Morrill David K $650,000 Tropical Title
Fauls Franchesca G $735,000 Tropical Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Pearce Family Trust $385,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2019 05/22/19 Sold $885,000 -6.7% $435 / Sq Ft
04/21/2019 04/21/19 Pending -- -- --
03/24/2019 03/24/19 For Sale $949,000 -- $466 / 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 $11,239 $1,072,088 -- --
2024 $10,943 $974,625 -- --
2023 $10,943 $886,023 $0 $0
2022 $10,388 $805,475 $0 $0
2021 $8,581 $732,250 $0 $732,250
2020 $8,500 $732,250 $0 $732,250
2019 $8,441 $722,075 $0 $722,075
2018 $8,049 $707,830 $0 $707,830
2017 $7,925 $691,550 $0 $691,550
2016 $7,409 $634,948 $0 $0
2015 $6,722 $577,225 $0 $0
2014 -- $524,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2019

    Pamela Frey

    Premiere Plus Realty Company

    (239) 250-6666

    2 Total Sales

    Pamela Frey
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About Regatta at Vanderbilt Beach

Map

Source: Naples Area Board of REALTORS®

MLS Number: 219023018

Naples Area Board of REALTORS®

APN: 69075010529

Florida Collier County Naples 34108 Vanderbilt Beach

400 Flagship Dr Unit 507, Naples, FL

Not Listed for Sale

Detached

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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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