$1,400,000
SOLD JUN 17, 2025
3 Beds
3 Baths
2,160 Sq Ft
$2,550/mo HOA Fee

Recently Sold

$648 Per Sq Ft

39% Below List Price

111 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • Fitness Center
  • Sea Gate Elementary School Rated A
  • Private Beach
  • 1-minute walk to Raymond Lutgert Park

About This Home

As of June 2025

Dreaming of Beach Front living and spectacular golden sunsets? How about a short walk to numerous boutiques and fine dining? This 14th floor 3 bed/3 bath beach front condo has all that and more. With stunning panoramic views of the gulf, beach or bay, this home boasts an open concept floor plan with split bedrooms, offering privacy for you and your guests. SAVOY is situated in the heart of beautiful Park Shore, directly across from the popular Venetian Village, Park Shore Marina, and only steps to the soft sandy beach and crystal blue waters of the Gulf. The building has a beautiful atrium and newly renovated lobby area. SAVOY is undergoing remarkable upgrades to the exterior and common area amenities. With a modernized exterior facelift and the well appointed exterior amenities, the SAVOY is like a new building. Residents enjoy a fabulous fitness center, and social room with library. Tennis/ pickle ball courts, a putting green, and extra grills are on the recreational deck accessed from the 2nd floor. Along the beachfront enjoy the large spacious pool/spa with extra covered sitting areas, grills, new fire pit, and activities such as bocce and shuffleboard. Exclusive perks for SAVOY residents include two penthouse SUNSET DECKS with unbelievable breathtaking views, PLUS the unique flexibility of up to 12 LEASES per year! This makes SAVOY an amazing investment opportunity as well as an ideal tropical retreat.

Last Agent to Sell the Property

Kimberley Keys

John R Wood Properties Brokerage Phone: 239-370-0554 Listed on: 02/07/2025

John R Wood Properties

Last Buyer's Agent

Kimberly Price

Premier Sotheby's Int'l Realty

Premier Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,381

Year Built

  • Built in 1983

Lot Details

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

HOA Fees

  • $2,550 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Deeded Parking

Property Views

  • Ocean To Bay
  • Pool

Home Design

  • Entry on the 14th floor
  • Flat Roof Shape
  • Concrete Block With Brick
  • Stucco

Interior Spaces

  • 2,160 Sq Ft Home
  • 1-Story Property
  • Electric Shutters
  • Single Hung Windows
  • Sliding Windows
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Master Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Screened Balcony
  • Lanai
  • Fire Pit
  • Outdoor Grill

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 18985001954
  • $7,000 Seller Concession

Community Details

Overview

  • 145 Units
  • High-Rise Condominium
  • Savoy Condos
  • Park Shore Community
  • Car Wash Area

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Community Library
  • Elevator
  • Lobby
  • Bike Room

Recreation

  • Community Beach Access
  • Tennis Courts
  • Pickleball Courts
  • Bocce Ball Court
  • Shuffleboard Court
  • Fitness Center
  • Exercise Course
  • Community Pool or Spa Combo

Pet Policy

  • No Pets Allowed

Security

  • Gated with Attendant
  • Card or Code Access
  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,381

Year Built

Built in 1983

Lot Details

0

HOA Fees

$2,550 per month

Parking

1

Listing Details

  • Legal Description: SAVOY, THE A CONDOMINIUM UNIT 1403 FORMERLY 314
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.1949328296675$-81.81308063538475$287.62$13.33$1.00$g3NPlU7mTLklA-qXub8ixw
  • Building Design: High Rise (8+)
  • Storm Protection: Impact Resistant Windows, Electric Shutters
  • Year Built: 1983
  • Directions: Drive west on Park Shore Drive, go straight over at the light at Gulf Shore Blvd. through the Guard Gate make an immediate left towards the Savoy. Park in Guest parking and enter the building through the Front Door (south side of building).
  • Property Information: Dreaming of Beach Front living and spectacular golden sunsets? How about a short walk to numerous boutiques and fine dining? This 14th floor 3 bed/3 bath beach front condo has all that and more. With stunning panoramic views of the gulf, beach or bay, this home boasts an open concept floor plan with split bedrooms, offering privacy for you and your guests. SAVOY is situated in the heart of beautiful Park Shore, directly across from the popular Venetian Village, Park Shore Marina, and only steps to the soft sandy beach and crystal blue waters of the Gulf. The building has a beautiful atrium and newly renovated lobby area. SAVOY is undergoing remarkable upgrades to the exterior and common area amenities. With a modernized exterior facelift and the well appointed exterior amenities, the SAVOY is like a new building. Residents enjoy a fabulous fitness center, and social room with library. Tennis/ pickle ball courts, a putting green, and extra grills are on the recreational deck accessed from the 2nd floor. Along the beachfront enjoy the large spacious pool/spa with extra covered sitting areas, grills, new fire pit, and activities such as bocce and shuffleboard. Exclusive perks for SAVOY residents include two penthouse SUNSET DECKS with unbelievable breathtaking views, PLUS the unique flexibility of up to 12 LEASES per year! This makes SAVOY an amazing investment opportunity as well as an ideal tropical retreat.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Partially Furnished
  • Num Unit Floor: 14
  • Price Per Sq Ft: 648.15
  • Total Floors: 1
  • Additional Rooms: Laundry in Residence, Open Porch/Lanai, Screened Balcony
  • Estimated Living Area: 2160
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedroom Description: Split Bedrooms, Two Master Suites
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Breakfast Bar, Living Dining, Eat-in Kitchen
  • Elevator: Common
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Icemaker, Smoke Detector, Washer
  • Flooring: Carpet, Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Cable Prewire, Fire Sprinkler, Foyer, Walk-In Closet
  • Kitchen: Island, Pantry
  • Primary Bathroom: 2 Masters, Shower Only
  • Windows: Impact Resistant, Single Hung, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Built-Up Or Flat
  • Construction: Concrete Block
  • Irrigation: Central
  • Road: Paved Road
  • View: Gulf and Bay, Pool/Club
  • Exterior Features: Built-In Gas Fire Pit, Grill, Tennis Court
  • Exterior Finish: Stucco
  • Waterfront Type: Gulf Frontage, On the Gulf Beach

Garage/Parking

  • Garage Description: Detached
  • Garage Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Management Company Phone: 239-228-6021
  • Approval: Application Fee, Buyer
  • Management: Professional
  • Mandatory HOA: No
  • Restrictions: Architectural, Deeded, No Commercial, No Motorcycles, No RV
  • Sub Condo Name: SAVOY
  • Condo Fees: 7649.94
  • Condo Fee Frequency: Quarterly
  • Maintenance: Cable, Insurance, Internet/WiFi Access, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Recreational Facilities, Repairs, Reserve, Security, Street Lights, Street Maintenance, Trash Removal, Water
  • Development Name: PARK SHORE

Association/Amenities

  • Pets: Not Allowed
  • Development: Park Shore
  • Amenities: BBQ - Picnic, Beach - Private, Beach Access, Bike Storage, Bocce Court, Community Pool, Community Room, Community Spa/Hot tub, Exercise Room, Fitness Center Attended, Guest Room, Internet Access, Library, Pickleball, Shuffleboard, Sidewalk, Tennis Court, Trash Chute, Vehicle Wash Area
  • Community Type: Gated
  • Units In Building: 145
  • Total Number of Units: 145

Fee Information

  • Application Fee: 100.00

Lot Info

  • Builder Product: No
  • Lot Unit: 1403
  • Section: 21
  • Total Area: 2265
  • Waterfront: Yes
  • Rear Exposure: West
  • Lot Description: Across From Beach Access, Other
  • Parcel Number: 18985001954

Rental Info

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

Tax Info

  • Tax Description: City And County, Homestead
  • Taxes: 10380.76
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2025
Closed on
Jun 17, 2025
Sold by
Lehman Hilbert C and Hilbert C Lehman Revocable Trust
Bought by
Newman Brian M and Newman Shannon C
Seller's Agent
Kimberley Keys
John R Wood Properties
Buyer's Agent
Kimberly Price
Premier Sotheby's Int'l Realty
List Price
$2,290,000
Sold Price
$1,400,000
Premium/Discount to List
-$890,000
-38.86%
Views
38
Current Estimated Value
$1,472,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,791
Avg. Annual Appreciation
22.48%

Purchase Details

Closed on
Jun 27, 2017
Sold by
Altsbhuler Gregory B and Altsbhuler Nathasha
Bought by
Lehman Hilbert C

Purchase Details

Closed on
Jul 3, 2013
Sold by
Chute Helga Ann
Bought by
Altshuler Gregory B and Altshuler Natasha

Purchase Details

Closed on
Apr 29, 2003
Sold by
Chute Helga Ann
Bought by
Chute Helga Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.79%
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 Type Sale Price Title Company
Warranty Deed $1,400,000 None Listed On Document
Warranty Deed $1,400,000 None Listed On Document
Warranty Deed $1,350,000 Attorney
Warranty Deed $865,000 Attorney
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $150,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 Sold $1,400,000 -11.9% $648 / Sq Ft
05/29/2025 05/29/25 Pending -- -- --
05/20/2025 05/20/25 Price Changed $1,590,000 -11.2% $736 / Sq Ft
03/27/2025 03/27/25 Price Changed $1,790,000 -8.2% $829 / Sq Ft
03/03/2025 03/03/25 Price Changed $1,950,000 -9.3% $903 / Sq Ft
02/13/2025 02/13/25 Price Changed $2,150,000 -6.1% $995 / Sq Ft
01/17/2025 01/17/25 For Sale $2,290,000 -- $1,060 / 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 $10,545 $1,229,661 -- --
2024 $10,381 $1,195,006 -- --
2023 $10,381 $1,160,200 $0 $0
2022 $10,667 $1,126,408 $0 $0
2021 $10,831 $1,093,600 $0 $1,093,600
2020 $10,720 $1,093,600 $0 $1,093,600
2019 $10,825 $1,092,368 $0 $0
2018 $10,596 $1,072,000 $0 $1,072,000
2017 $10,804 $1,025,402 $0 $0
2016 $9,811 $932,184 $0 $0
2015 $9,061 $847,440 $0 $0
2014 $8,292 $770,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 225007542

Naples Area Board of REALTORS®

APN: 18985001954