$2,070,000
SOLD FEB 3, 2025
3 Beds
3 Baths
2,265 Sq Ft
$2,390/mo HOA Fee

Recently Sold

$914 Per Sq Ft

23% Below List Price

98 Days on Market

Highlights

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

About This Home

As of February 2025

It’s not every day you come across the opportunity to own a beautifully updated residence with views of the sparkling, pristine Gulf of Mexico. Experience breathtaking sunsets each evening as they dip below the ocean’s horizon from this exquisite three-bedroom, three-bath condominium in the prestigious Savoy building. In the heart of Park Shore, this highly sought-after residence offers unparalleled coastal living and luxury. Your gourmet kitchen boasts a large granite center island with bar seating, complemented by sleek quartz countertops, soft-close cabinetry and an elegant glass backsplash. The open concept living space flows seamlessly and highlights two open, covered balconies, each offering stunning ocean views. Pristine tile flooring throughout enhances the warm and modern ambiance. This home also features three fully updated baths with quartz countertops and spacious, tile walk-in showers. Residents of Savoy enjoy a host of world-class amenities, including a state-of-the-art fitness center, tennis and pickleball courts, bocce ball and rooftop sundecks. The recently renovated lobby welcomes guests in style, while the expansive pool area, complete with a covered seating area, grills and fire pits, creates the ideal setting for entertaining. Additionally, guest suites provide comfort for visitors, and the building's leasing policy allows up to 12 leases per year, one of the few buildings in all of Park Shore with this flexibility. This condominium makes for an exceptional investment opportunity or your own private beachside retreat.

Last Agent to Sell the Property

Jay Westerlund

Premier Sotheby's Int'l Realty License #NAPLES-249519901 Listed on: 10/04/2024

Last Buyer's Agent

Monica Frengel

Downing Frye Realty Inc. License #NAPLES-249514253

Downing Frye Realty Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,013

Year Built

  • Built in 1983

Lot Details

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

HOA Fees

  • $2,390 Monthly HOA Fees

Parking

  • 1 Parking Garage Space
  • Guest Parking
  • Deeded Parking

Property Views

  • Gulf
  • Partial Bay or Harbor
  • Pool
  • Tennis Court

Home Design

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

Interior Spaces

  • 2,265 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Windows
  • Entrance Foyer
  • Formal Dining Room
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Electric Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Lanai
  • Fire Pit
  • Loading Dock or Area
  • Outdoor Grill

Schools

  • Seagate Elementary School
  • Gulf View Middle School
  • Naples High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 18985000670

Community Details

Overview

  • 141 Units
  • High-Rise Condominium
  • Savoy Condos
  • Park Shore Community
  • Mandatory home owners association
  • Car Wash Area

Amenities

  • Doorman
  • Community Barbecue Grill
  • Trash Chute
  • Community Library
  • Recreation Room
  • Lobby
  • Bike Room

Recreation

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

Pet Policy

  • No Pets Allowed

Security

  • Gated with Attendant
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,013

Year Built

Built in 1983

Lot Details

0

HOA Fees

$2,390 per month

Parking

1

Listing Details

  • Legal Description: SAVOY, THE A CONDOMINIUM UNIT 503 FORMERLY 305
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.194884738393228$-81.81307688229803$289.43$13.33$1.00$bcvGeevnEXxGskjkZxdn6Q
  • Building Design: High Rise (8+)
  • Building Description: Contemporary
  • Year Built: 1983
  • Directions: Proceed down Park Shore until you reach the traffic light intersection with Gulf Shore Blvd N. Continue straight ahead to the guard house, where you can inquire for assistance in locating The Savoy building. Turn left once through gate towards Savoy.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Turnkey
  • Num Unit Floor: 5
  • Price Per Sq Ft: 913.91
  • Total Floors: 1
  • Additional Rooms: Balcony, Laundry in Residence, Open Porch/Lanai
  • Estimated Living Area: 2265
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedroom Description: Split Bedrooms, Two Master Suites
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Breakfast Bar, Eat-in Kitchen, Formal
  • Equipment: Cooktop - Electric, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Icemaker, Smoke Detector, Wall Oven, Washer
  • Flooring: Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Cable Prewire, Foyer, Internet Available, Pantry, Smoke Detectors, Walk-In Closet, Window Coverings
  • Kitchen: Island, Pantry
  • Primary Bathroom: 2 Masters, Dual Sinks, Shower Only
  • Windows: 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, Private Road
  • View: Gulf, Landscaped Area, Partial Buildings, Partial Gulf, Pool/Club, Tennis Courts
  • 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
  • Parking: 1 Assigned, Covered, Driveway Paved, Guest, Load Space, Paved Parking

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Security: Doorman, Gated, Guard At Gate, Lobby
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Approval: Application Fee, Buyer
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Architectural, Deeded, No Commercial, No Motorcycles, No RV
  • Sub Condo Name: SAVOY
  • Condo Fees: 7170
  • 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, Sidewalk, Tennis Court, Trash Chute, Vehicle Wash Area
  • Community Type: Gated
  • Units In Building: 141
  • Total Number of Units: 141

Fee Information

  • Application Fee: 100.00

Schools

  • Elementary School: Seagate
  • High School: Naples High
  • Middle School: Gulf View

Lot Info

  • Builder Product: No
  • Section: 21
  • Total Area: 2417
  • Waterfront: Yes
  • Rear Exposure: West
  • Lot Description: Across From Beach Access, Across From Waterfront, Zero Lot Line
  • Parcel Number: 18985000670

Rental Info

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

Tax Info

  • Tax Description: City And County
  • Taxes: 13012.60
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Feb 3, 2025
Sold by
Monaghan Marianne Mason and Mason Marianne Teresa
Bought by
Mason Revocable Trust and Thomas S Monaghan Living Revocable Trust
Seller's Agent
Jay Westerlund
Premier Sotheby's Int'l Realty
Buyer's Agent
Monica Frengel
Downing Frye Realty Inc.
List Price
$2,675,000
Sold Price
$2,070,000
Premium/Discount to List
-$605,000
-22.62%
Views
19
Current Estimated Value
$1,972,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$97,552
Avg. Annual Appreciation
-5.58%

Purchase Details

Closed on
May 20, 2016
Sold by
Smith Robert and Smith Marie
Bought by
B And B Family Llc

Purchase Details

Closed on
Sep 7, 1999
Sold by
Massa Louis S and Massa Brunella E Gottardi
Bought by
Massa Louis S
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 Type Sale Price Title Company
Quit Claim Deed -- Ross Title
Quit Claim Deed -- Ross Title
Warranty Deed $2,070,000 None Listed On Document
Warranty Deed $2,070,000 None Listed On Document
Warranty Deed $1,200,000 None Available
Warranty Deed -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2025 02/03/25 Sold $2,070,000 -17.0% $914 / Sq Ft
01/10/2025 01/10/25 Pending -- -- --
11/19/2024 11/19/24 Price Changed $2,495,000 -6.7% $1,102 / Sq Ft
10/04/2024 10/04/24 For Sale $2,675,000 -- $1,181 / 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 $13,354 $1,484,012 -- --
2024 $13,013 $1,349,102 -- --
2023 $13,013 $1,226,456 $0 $0
2022 $11,953 $1,114,960 $0 $0
2021 $10,401 $1,013,600 $0 $1,013,600
2020 $10,290 $1,013,600 $0 $1,013,600
2019 $10,403 $1,013,600 $0 $1,013,600
2018 $10,162 $992,000 $0 $992,000
2017 $10,221 $992,000 $0 $992,000
2016 $8,991 $853,600 $0 $0
2015 $8,254 $776,000 $0 $0
2014 -- $706,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 224080887

Naples Area Board of REALTORS®

APN: 18985000670