$1,390,000
SOLD JAN 23, 2025

Montego at Cove Towers 445 Cove Tower Dr Unit 1603 Naples, FL 34110

3 Beds
3 Baths
2,645 Sq Ft
$2,109/mo HOA Fee

Recently Sold

$526 Per Sq Ft

40 Days on Market

Highlights

  • Community Beach Access
  • Community Cabanas
  • Ocean To Bay Views
  • Naples Park Elementary School Rated A-
  • Safe Room
  • Two Primary Bedrooms

About This Home

As of January 2025

Welcome to your stunning 16th-floor sky home at Montego in Cove Towers Preserve! A private elevator opens into an elegant foyer, unveiling breathtaking panoramic views of mangroves to the Gulf of Mexico from the expansive screened terrace. The spacious open floor plan seamlessly connects living areas, boasting volume ceilings and spectacular vistas from every room. Even the two guest rooms enjoy access to an open balcony with stunning views of the Kinsale Golf Club, currently in development. This unit includes two assigned prime parking spaces in the lower-level garage near the elevator. As a Montego resident, you gain exclusive access to the Calypso Club, which features a resort-style pool, spa, outdoor pavilion with a fireplace, grills, social room, fitness center, and two guest suites for visiting family and friends. Optional membership to the Tarpon Cove Yacht Club offers additional amenities, including a restaurant, tiki bar, pool, tennis courts, and boat shuttle service to Delnor-Wiggins State Park aboard the Endless Summer. Boat slips are also available for purchase or rent. This property isn’t just a home—it’s a lifestyle waiting for you in beautiful Naples, Florida!

Last Agent to Sell the Property

Becky Lentz

John R Wood Properties Brokerage Phone: 484-866-3395 License #NAPLES-249525671 Listed on: 10/30/2024

John R Wood Properties

Last Buyer's Agent

Gayle Satcher

William Raveis Real Estate License #NAPLES-249521794

William Raveis Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,028

Year Built

  • Built in 2001

HOA Fees

Parking

  • 2 Parking Garage Spaces
  • Guest Parking
  • Deeded Parking

Property Views

  • Ocean To Bay
  • Gulf
  • Mangrove

Home Design

  • Flat Roof Shape
  • Concrete Block With Brick
  • Stucco

Interior Spaces

  • 2,645 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Picture Window
  • Sliding Windows
  • Great Room
  • Breakfast Room
  • Family or Dining Combination
  • Screened Porch
  • Tile Flooring
  • Safe Room

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Master Bedroom
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer

Utilities

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

Additional Features

  • Accessible Parking
  • Southwest Facing Home

Listing and Financial Details

  • Assessor Parcel Number 60560001026

Community Details

Overview

  • 58 Units
  • Private Membership Available
  • High-Rise Condominium
  • Montego At Cove Towers Condos
  • Cove Towers Community

Amenities

  • Restaurant
  • Trash Chute
  • Clubhouse
  • Lobby
  • Bike Room
  • Community Storage Space

Recreation

  • Community Beach Access
  • Tennis Courts
  • Bocce Ball Court
  • Exercise Course
  • Community Cabanas
  • Community Pool or Spa Combo

Pet Policy

  • Pets up to 30 lbs
  • Call for details about the types of pets allowed
  • 2 Pets Allowed

Security

  • Card or Code Access
  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,028

Year Built

Built in 2001

Lot Details

0

HOA Fees

$2,109 per month

Parking

2

Listing Details

  • Legal Description: MONTEGO AT COVE TOWERS PRESERVE A CONDOMINIUM # 1603
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.291278921722537$-81.81264143953175$162.18$13.33$1.00$3rJ3IJAKX8SYo5aQZDrSzg
  • Building Design: High Rise (8+)
  • Storm Protection: Impact Resistant Windows
  • Year Built: 2001
  • Directions: US 41, turn west on Wiggins Pass Rd. Left into Wiggins Bay / Cove Towers, show drivers license at man gate. Turn left into second gate. Gate code provided in showing time for second gate into Cove Towers.
  • Property Information: Welcome to your stunning 16th-floor sky home at Montego in Cove Towers Preserve! A private elevator opens into an elegant foyer, unveiling breathtaking panoramic views of mangroves to the Gulf of Mexico from the expansive screened terrace. The spacious open floor plan seamlessly connects living areas, boasting volume ceilings and spectacular vistas from every room. Even the two guest rooms enjoy access to an open balcony with stunning views of the Kinsale Golf Club, currently in development. This unit includes two assigned prime parking spaces in the lower-level garage near the elevator. As a Montego resident, you gain exclusive access to the Calypso Club, which features a resort-style pool, spa, outdoor pavilion with a fireplace, grills, social room, fitness center, and two guest suites for visiting family and friends. Optional membership to the Tarpon Cove Yacht Club offers additional amenities, including a restaurant, tiki bar, pool, tennis courts, and boat shuttle service to Delnor-Wiggins State Park aboard the Endless Summer. Boat slips are also available for purchase or rent. This property isn’t just a home—it’s a lifestyle waiting for you in beautiful Naples, Florida!
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 16
  • Price Per Sq Ft: 525.52
  • Total Floors: 1
  • Additional Rooms: Family Room, Guest Bath, Guest Room, Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 2645
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedroom Description: Split Bedrooms, Two Master Suites
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Breakfast Room, Family Dining
  • Elevator: Private
  • Equipment: Cooktop - Electric, Dishwasher, Microwave, Refrigerator, Safe, Washer
  • Flooring: Tile
  • Floor Plan: Great Room, Split Bedrooms
  • Interior Amenities: Cathedral Ceiling
  • Kitchen: Built-In Desk, Island, Pantry
  • Primary Bathroom: 2 Masters, Dual Sinks, Separate Tub And Shower
  • Windows: Impact Resistant, Picture, 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, Gulf and Bay, Mangroves
  • Exterior Finish: Stucco
  • Guest House: 1 Bedroom

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: 2 Assigned, Covered, Deeded, Guest, Wheelchair Access

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Security: Entry Keypad, Lobby
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239-593-3977
  • Approval: Application Fee, Buyer
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded, No Commercial, No RV
  • Sub Condo Name: MONTEGO AT COVE TOWERS
  • Condo Fees: 5886.13
  • Condo Fee Frequency: Quarterly
  • Maintenance: Cable, Fidelity Bond, Insurance, Internet/WiFi Access, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Reserve, Security, Street Maintenance, Trash Removal, Water
  • Master Hoa Fee: 1768
  • Master HOA Fee Frequency: Annually
  • Development Name: COVE TOWERS

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 2
  • Pets Limit Max Weight: 30
  • Pets Limit Other: 1 dog or 2 cats
  • Development: Cove Towers
  • Amenities: Beach Access, Bike Storage, Bocce Court, Cabana, Clubhouse, Community Pool, Community Spa/Hot tub, Exercise Room, Extra Storage, Guest Room, Internet Access, Private Membership, Restaurant, Streetlight, Tennis Court, Trash Chute, Underground Utility
  • Community Type: Gated
  • Units In Building: 58
  • Total Number of Units: 272

Fee Information

  • Application Fee: 150.00

Lot Info

  • Builder Product: No
  • Lot Unit: 1603
  • Section: 16
  • Total Area: 3130
  • Waterfront: No
  • Rear Exposure: Southwest
  • Lot Description: Zero Lot Line
  • Parcel Number: 60560001026

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 4
  • Min Days Of Lease: 90

Tax Info

  • Tax Description: County Only, Homestead
  • Taxes: 6028.24
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2024
Closed on
Jan 23, 2025
Sold by
Fazeli Ramak A and Bahram And Marcia Fazeli Family Living T
Bought by
Thomas Groom And Pamela A Madigan Revocable L and Groom
Seller's Agent
Becky Lentz
John R Wood Properties
Buyer's Agent
Gayle Satcher
William Raveis Real Estate
List Price
$1,390,000
Sold Price
$1,390,000
Total Days on Market
40
Views
9
Current Estimated Value
$1,395,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,729
Avg. Annual Appreciation
1.15%
Original Mortgage
$425,000
Outstanding Balance
$422,030
Interest Rate
5.84%
Mortgage Type
New Conventional
Estimated Equity
$973,699

Purchase Details

Closed on
Jul 6, 2004
Sold by
Jeanes Donald and Jeanes Pamela
Bought by
Fazeli Bahram and Fazeli Marcia
Source: Public Records

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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 $1,390,000 None Listed On Document
Warranty Deed $1,390,000 None Listed On Document
Warranty Deed $810,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $425,000 New Conventional
Closed $425,000 New Conventional
Previous Owner $500,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2025 01/23/25 Sold $1,390,000 0.0% $526 / Sq Ft
12/09/2024 12/09/24 Pending -- -- --
10/30/2024 10/30/24 For Sale $1,390,000 -- $526 / 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
2023 $6,280 $679,119 $0 $0
2022 $6,487 $659,339 $0 $0
2021 $6,565 $640,135 $0 $0
2020 $6,408 $631,297 $0 $0
2019 $6,303 $617,104 $0 $0
2018 $6,166 $605,598 $0 $0
2017 $6,081 $593,142 $0 $0
2016 $5,947 $580,942 $0 $0
2015 $5,998 $576,904 $0 $0
2014 $6,016 $522,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 224086500

Naples Area Board of REALTORS®

APN: 60560001026