$1,250,000
SOLD FEB 7, 2025
3 Beds
3 Baths
2,491 Sq Ft
$1,595/mo HOA Fee

Recently Sold

$502 Per Sq Ft

26% Below List Price

324 Days on Market

Highlights

  • Community Beach Access
  • Boat Dock
  • Ocean To Bay Views
  • Naples Park Elementary School Rated A-
  • Property Fronts a Bay or Harbor
  • Private Membership Available

About This Home

As of February 2025

LIVE THE GOOD LIFE! Experience luxury living at 425 Cove Tower Drive, Unit 1201. The "01" end unit is rarely available with an wrap around balcony and endless views of the Bay, Gulf of Mexico & Mangroves. The Cove Towers is a North Naples "Hidden Gem" less than 1 mile to the Gulf, directly on Wiggins Pass. This elegant 12th-floor end unit boasts 3 bedrooms, 3 bathrooms, plus den and over 2400 square feet of space. Enjoy breathtaking sunrise & sunsets bay and water views while having your morning coffee or relaxing with cocktails overlooking the beautiful bay evening lights. Robb and Stucky decor, recent updates are attractive "Wood floor" Mohawk Vinyl plank that has natural wood grain & stunning tile in the kitchen and dining room non-slippery ceramic tile. The amenities include beach access, har tru tennis courts, bocce ball, fitness center, clubhouse with dining, a tiki bar, fire pit and pool, golf reciprocity, the Endless Summer Boat Shuttle to the beach, boat slips available for lease/purchase, Membership at the Tarpon Cove Yacht and Racquet Club is available. Don't miss the chance to own this remarkable residence and indulge in the Naples coastal lifestyle. This is an excellent investment.

Last Agent to Sell the Property

Marianne Labesky

Compass Florida LLC Listed on: 02/17/2024

Compass Florida LLC

Last Buyer's Agent

Marianne Labesky

Compass Florida LLC Listed on: 02/17/2024

Compass Florida LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,509

Year Built

  • Built in 2001

Lot Details

  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • End Unit
  • Southwest Facing Home

HOA Fees

Parking

  • 1 Car Attached Garage
  • Common or Shared Parking
  • Guest Parking
  • Parking Garage Space
  • Deeded Parking

Property Views

  • Ocean To Bay
  • Bay
  • Gulf
  • Canal

Home Design

  • Entry on the 12th floor
  • Turnkey
  • Flat Roof Shape
  • Concrete Block With Brick
  • Stucco

Interior Spaces

  • 2,491 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Great Room
  • Combination Dining and Living Room
  • Home Office

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Fixed Bridges
  • Dock has access to water
  • Leased Dock
  • Screened Balcony
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 25479000742

Community Details

Overview

  • $500 Additional Association Fee
  • 56 Units
  • Private Membership Available
  • High-Rise Condominium
  • Caribe At Cove Towers Condos
  • Cove Towers Community
  • Car Wash Area
  • 18-Story Property

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Clubhouse
  • Elevator
  • Bike Room

Recreation

  • Boat Dock
  • Boating
  • Gulf Boat Access
  • Community Beach Access
  • Marina
  • Tennis Courts
  • Exercise Course
  • Community Pool or Spa Combo

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,509

Year Built

Built in 2001

Lot Details

0

HOA Fees

$1,595 per month

Parking

1

Listing Details

  • Legal Description: CARIBE AT COVE TOWERS A CONDOMINIUM UNIT 1201
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.290524$-81.813757$194.79$13.33$1.00$lwz11vxBdVqy8xrILL5CYQ
  • Building Design: High Rise (8+)
  • Building Description: End-Unit
  • Year Built: 2001
  • Property Information: LIVE THE GOOD LIFE! Experience luxury living at 425 Cove Tower Drive, Unit 1201. The "01" end unit is rarely available with an wrap around balcony and endless views of the Bay, Gulf of Mexico & Mangroves. The Cove Towers is a North Naples "Hidden Gem" less than 1 mile to the Gulf, directly on Wiggins Pass. This elegant 12th-floor end unit boasts 3 bedrooms, 3 bathrooms, plus den and over 2400 square feet of space. Enjoy breathtaking sunrise & sunsets bay and water views while having your morning coffee or relaxing with cocktails overlooking the beautiful bay evening lights. Robb and Stucky decor, recent updates are attractive "Wood floor" Mohawk Vinyl plank that has natural wood grain & stunning tile in the kitchen and dining room non-slippery ceramic tile. The amenities include beach access, har tru tennis courts, bocce ball, fitness center, clubhouse with dining, a tiki bar, fire pit and pool, golf reciprocity, the Endless Summer Boat Shuttle to the beach, boat slips available for lease/purchase, Membership at the Tarpon Cove Yacht and Racquet Club is available. Don't miss the chance to own this remarkable residence and indulge in the Naples coastal lifestyle. This is an excellent investment.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 18

Interior Features

  • Furnished Description: Turnkey
  • Num Unit Floor: 12
  • Price Per Sq Ft: 501.81
  • Total Floors: 18
  • Additional Rooms: Balcony, Den/Study, Great Room, Guest Bath, Guest Room, Home Office, Laundry in Residence, Screened Balcony
  • Estimated Living Area: 2491
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3+Den
  • Total Bedrooms: 3
  • Dining Room: Breakfast Bar, Living Dining, Eat-in Kitchen
  • Elevator: Common
  • Equipment: Cooktop - Electric, Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator/Freezer, Self Cleaning Oven, Smoke Detector, Washer
  • Flooring: Carpet, Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Fire Sprinkler, Internet Available, Smoke Detectors, Window Coverings
  • Primary Bathroom: Dual Sinks

Exterior Features

  • Gulf Access: Yes
  • Private Pool: No
  • Private Spa: No
  • Roof: Built-Up Or Flat
  • Construction: Concrete Block
  • Gulf Access Type: Bridge(s)/Water Indirect
  • Boat Access: Dock Lease, Dock Purchase, Water Avail at Dock
  • Irrigation: Central
  • View: Bay, Canal, Gulf, Gulf and Bay, Water
  • Exterior Features: Patio, Tennis Court
  • Exterior Finish: Stucco
  • Waterfront Type: Bay, Canal

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 1
  • Parking: Common, Guest, Under Bldg Open

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239-734-3202
  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded, No Commercial, No RV
  • Sub Condo Name: CARIBE AT COVE TOWERS
  • Condo Fees: 4343.65
  • Condo Fee Frequency: Quarterly
  • Maintenance: Cable, Insurance, Lawn/Land Maintenance, Manager, Pest Control Exterior, Pest Control Interior, Recreational Facilities, Repairs, Reserve, Security, Trash Removal, Water
  • Master Hoa Fee: 1768
  • Master HOA Fee Frequency: Annually
  • Development Name: COVE TOWERS

Association/Amenities

  • Pets: With Approval
  • Development: Cove Towers
  • Amenities: BBQ - Picnic, Beach Access, Bike Storage, Clubhouse, Community Boat Dock, Community Pool, Community Spa/Hot tub, Exercise Room, Internet Access, Marina, Private Membership, Tennis Court, Trash Chute, Underground Utility, Vehicle Wash Area
  • Community Type: Boating, Gated, Tennis
  • Units In Building: 56
  • Total Number of Units: 156

Fee Information

  • Application Fee: 100.00
  • One Time Other Fee: 500

Lot Info

  • Builder Product: No
  • Lot Unit: 1201
  • Section: 16
  • Total Area: 3033
  • Waterfront: Yes
  • Rear Exposure: Southwest
  • Lot Description: Other
  • Parcel Number: 25479000742

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 4
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: City And County, No Homestead
  • Taxes: 8508.82
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2024
Closed on
Mar 20, 2025
Sold by
Kobel Debra L and Kobel Joseph R
Bought by
Debra L Kobel Revocable Trust and Kobel
Seller's Agent
Marianne Labesky
Compass Florida LLC
Buyer's Agent
Marianne Labesky
Compass Florida LLC
List Price
$1,695,000
Sold Price
$1,250,000
Premium/Discount to List
-$445,000
-26.25%
Views
27
Current Estimated Value
$1,227,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,673
Avg. Annual Appreciation
-3.00%

Purchase Details

Listed on
Feb 17, 2024
Closed on
Feb 7, 2025
Sold by
Bardill Robert C and Bardill Melissa A
Bought by
Debra L Kobel Revocable Trust and Kobel
Seller's Agent
Marianne Labesky
Compass Florida LLC
Buyer's Agent
Marianne Labesky
Compass Florida LLC
List Price
$1,695,000
Sold Price
$1,250,000
Premium/Discount to List
-$445,000
-26.25%
Views
27

Purchase Details

Closed on
Jun 25, 2015
Sold by
Bardill Robert C and Bardill Melissa A
Bought by
Bardill Robert C and Joi Melissa A Bardill

Purchase Details

Closed on
Jun 1, 2015
Bought by
R C & M A Bardill J/L Trust

Purchase Details

Closed on
Nov 18, 2011
Sold by
King Benjamin R and King Mary Beth
Bought by
Bardill Robert C and Bardill Melissa A

Purchase Details

Closed on
Oct 15, 2003
Sold by
Gulfcoast Condo Investments L L C
Bought by
King Benjamin R and King Mary Beth

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
5.75%

Purchase Details

Closed on
Jun 29, 2001
Sold by
Bay Colony Gateway Inc
Bought by
Gulf Coast Condo Investments L L C
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $1,250,000 None Listed On Document
Warranty Deed $1,250,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Deed $100 --
Warranty Deed $545,000 Heights Title Services Llc
Warranty Deed $611,200 --
Warranty Deed $503,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $170,000 Credit Line Revolving
Previous Owner $400,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2025 02/07/25 Sold $1,250,000 -9.1% $502 / Sq Ft
01/06/2025 01/06/25 Pending -- -- --
07/03/2024 07/03/24 Price Changed $1,375,000 -1.4% $552 / Sq Ft
04/15/2024 04/15/24 Price Changed $1,395,000 -11.4% $560 / Sq Ft
03/25/2024 03/25/24 Price Changed $1,575,000 -7.1% $632 / Sq Ft
02/17/2024 02/17/24 For Sale $1,695,000 -- $680 / 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 $8,837 $919,483 -- --
2024 $8,509 $835,894 -- --
2023 $8,509 $759,904 $0 $0
2022 $7,964 $690,822 $0 $0
2021 $6,857 $628,020 $0 $628,020
2020 $6,788 $628,020 $0 $628,020
2019 $7,436 $682,822 $0 $682,822
2018 $7,423 $682,822 $0 $682,822
2017 $7,293 $665,385 $0 $665,385
2016 $6,885 $617,722 $0 $0
2015 $6,246 $561,565 $0 $0
2014 -- $517,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 224016165

Naples Area Board of REALTORS®

APN: 25479000742