$1,400,000
SOLD APR 9, 2024

The Terraces 4751 Gulf Shore Blvd N Unit 1402 Naples, FL 34103

Park Shore Neighborhood
2 Beds
2 Baths
1,434 Sq Ft
$2,255/mo HOA Fee

Recently Sold

$976 Per Sq Ft

30% Below List Price

142 Days on Market

Highlights

  • Doorman
  • Beach Front
  • Boating
  • Sea Gate Elementary School Rated A
  • Community Beach Access
  • Private Beach

About This Home

As of April 2024

Welcome to the Terraces at Park Shore. Ideally located on the Gulf of Mexico steps to the sand along Venetian Village. This highly sought-after contemporary building offers direct beach access and walkability to coffee, dining, shops and marina. This pet-friendly building has every amenity you could want- fitness center, beautiful pool, hot tub, outdoor fire pit, multiple grills, social room with catering kitchen, rack for kayaks and paddle-boards, bike and beach gear. This 19-story building also has a full-time 24-hour doorman. As an added plus there are also three guest suites for overflow visitors. In this 14th-floor, 2-bedroom, 2-bath residence you will enjoy superior views from its living spaces and expansive lanai. The kitchen takes center stage with its rich wood cabinetry, sleek stainless steel appliances and tray ceiling. Designer wall-to-wall carpeting unifies the space, while the primary bedroom boasts a generous size, accompanied by a lavish bathroom with tub. The closet is a marvel of organization, offering sections to preserve your attire. The Terraces is an architectural masterpiece that should not be missed.

Last Agent to Sell the Property

Sherry Irvin

Premier Sotheby's Int'l Realty License #NAPLES-610500288 Listed on: 09/20/2023

Premier Sotheby's Int'l Realty

Co-Listed By

Virginia Amoroso

Premier Sotheby's Int'l Realty License #NAPLES-249519752

Last Buyer's Agent

Laurie Bellico

William Raveis Real Estate License #NAPLES-249512536

William Raveis Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,823

Year Built

  • Built in 1986

Lot Details

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

HOA Fees

  • $2,255 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Automatic Garage Door Opener
  • Guest Parking
  • 1 Parking Garage Space
  • Deeded Parking
  • Secure Parking

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Concrete Block With Brick
  • Stucco

Interior Spaces

  • 1,434 Sq Ft Home
  • Tray Ceiling
  • Ceiling Fan
  • Shutters
  • Sliding Windows
  • Great Room
  • Combination Dining and Living Room
  • Screened Porch
  • Storage
  • Bay Views

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • Outdoor Shower
  • No Fixed Bridges
  • Outdoor Kitchen
  • Fire Pit
  • Loading Dock or Area
  • Attached Grill

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 20385001403

Community Details

Overview

  • 116 Units
  • High-Rise Condominium
  • Terraces At Park Shore Condos
  • Park Shore Community
  • 19-Story Property

Amenities

  • Doorman
  • Trash Chute
  • Elevator
  • Lobby
  • Bike Room
  • Community Storage Space

Recreation

  • Boating
  • Gulf Boat Access
  • Community Beach Access
  • Marina
  • Exercise Course
  • Community Pool or Spa Combo
  • Bike Trail

Pet Policy

  • Pets up to 25 lbs
  • Call for details about the types of pets allowed

Security

  • 24-Hour Guard
  • Card or Code Access
  • Phone Entry
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,823

Year Built

Built in 1986

Lot Details

0

HOA Fees

$2,255 per month

Parking

1

Listing Details

  • Legal Description: TERRACES, THE A CONDOMINIUM UNIT 1402
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.205434$-81.814387$221.26$13.33$1.00$EdikdDcbRJxPF222-jrb7g
  • Building Design: High Rise (8+)
  • Building Description: Contemporary
  • Storm Protection: Shutters - Manual
  • Year Built: 1986
  • Property Information: Welcome to the Terraces at Park Shore. Ideally located on the Gulf of Mexico steps to the sand along Venetian Village. This highly sought-after contemporary building offers direct beach access and walkability to coffee, dining, shops and marina. This pet-friendly building has every amenity you could want- fitness center, beautiful pool, hot tub, outdoor fire pit, multiple grills, social room with catering kitchen, rack for kayaks and paddle-boards, bike and beach gear. This 19-story building also has a full-time 24-hour doorman. As an added plus there are also three guest suites for overflow visitors. In this 14th-floor, 2-bedroom, 2-bath residence you will enjoy superior views from its living spaces and expansive lanai. The kitchen takes center stage with its rich wood cabinetry, sleek stainless steel appliances and tray ceiling. Designer wall-to-wall carpeting unifies the space, while the primary bedroom boasts a generous size, accompanied by a lavish bathroom with tub. The closet is a marvel of organization, offering sections to preserve your attire. The Terraces is an architectural masterpiece that should not be missed.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 19

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 14
  • Price Per Sq Ft: 976.29
  • Total Floors: 19
  • Additional Rooms: Great Room, Guest Bath, Guest Room, Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 1434
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Breakfast Bar, Living Dining
  • Elevator: Common
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Self Cleaning Oven, Smoke Detector, Washer
  • Flooring: Carpet, Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Closet Cabinets, Fire Sprinkler, Smoke Detectors, Tray Ceiling, Walk-In Closet, Window Coverings
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Windows: Sliding

Exterior Features

  • Gulf Access: Yes
  • Private Pool: No
  • Private Spa: No
  • Roof: Built-Up Or Flat
  • Construction: Concrete Block
  • Gulf Access Type: No Bridge(s)/Water Direct
  • Irrigation: Reclaimed
  • View: Bay
  • Exterior Features: Built In Grill, Built-In Gas Fire Pit, Outdoor Kitchen, Outdoor Shower, Storage
  • 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, Under Bldg Closed, Wheelchair Access

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Security: Doorman, Entry Keypad, Entry Phone, Secured Garage, Lobby, Patrolled
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239-649-1582
  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Architectural, Deeded
  • Sub Condo Name: TERRACES AT PARK SHORE
  • Condo Fees: 6764
  • Condo Fee Frequency: Quarterly
  • Maintenance: Cable, Insurance, Internet/WiFi Access, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Repairs, Reserve, Security, Sewer, Street Lights, Street Maintenance, Trash Removal, Water
  • Development Name: PARK SHORE

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Weight: 25
  • Development: Park Shore
  • Amenities: Beach - Private, Beach Access, Bike And Jog Path, Bike Storage, Community Pool, Community Room, Community Spa/Hot tub, Electric Vehicle Charging, Exercise Room, Extra Storage, Internet Access, Marina, Shopping, Sidewalk, Streetlight, Trash Chute
  • Community Type: Boating, Non-Gated
  • Units In Building: 116
  • Total Number of Units: 116

Fee Information

  • Application Fee: 150.00

Lot Info

  • Builder Product: No
  • Lot Unit: 1402
  • Section: 16
  • Total Area: 1661
  • Waterfront: Yes
  • Rear Exposure: East
  • Lot Description: Zero Lot Line
  • Parcel Number: 20385001403

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 2
  • Min Days Of Lease: 90

Tax Info

  • Tax Description: Homestead
  • Taxes: 6822.65
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2023
Closed on
Apr 9, 2024
Sold by
Marilyn Joan Varcoe Living Trust and Varcoe Marilyn Joan
Bought by
Chambers Bradley T and Chambers Nancy W
Seller's Agent
Sherry Irvin
Premier Sotheby's Int'l Realty
Buyer's Agent
Laurie Bellico
William Raveis Real Estate
List Price
$2,000,000
Sold Price
$1,400,000
Premium/Discount to List
-$600,000
-30%
Views
245
Current Estimated Value
$1,519,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,299
Avg. Annual Appreciation
6.10%
Original Mortgage
$766,500
Outstanding Balance
$755,874
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$763,425

Purchase Details

Listed on
May 19, 2021
Closed on
Jul 15, 2021
Sold by
Price Michael Craig and Price Sharon Anne
Bought by
Varcoe Marilyn Joan and Marilyn Joan Varcoe Living Tru
Seller's Agent
Joanna Schrenko
Premiere Plus Realty Company
Buyer's Agent
Susy Gurevich
Downing Frye Realty Inc.
List Price
$1,299,000
Sold Price
$1,100,000
Premium/Discount to List
-$199,000
-15.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.20%
Original Mortgage
$200,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 15, 2017
Closed on
Jul 14, 2017
Sold by
Sullivan Arthur W and The Arthur W Sullivan Revocabl
Bought by
Price Michael Craig and Price Sharon Anne
Seller's Agent
Kathy Ross
Downing Frye Realty Inc.
Buyer's Agent
George Oberdorster
Real Broker, LLC
List Price
$989,000
Sold Price
$940,000
Premium/Discount to List
-$49,000
-4.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.00%
Original Mortgage
$705,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2011
Sold by
Millikin Jack R and Millikin Margaret E
Bought by
Sullivan Arthur W

Purchase Details

Closed on
Apr 14, 2005
Sold by
Collar David and Collar Lori
Bought by
Millikin Jack R and Millikin Margaret E

Purchase Details

Closed on
Jul 8, 2003
Sold by
Senules Renaloy J
Bought by
Collar David

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
5.29%
Source: Public Records

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Range of Values:

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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 Lutgert Title
Warranty Deed $1,100,000 Accommodation
Warranty Deed $940,000 Attorney
Warranty Deed $450,000 Attorney
Warranty Deed $700,000 --
Warranty Deed $480,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $766,500 New Conventional
Previous Owner $200,000 New Conventional
Previous Owner $270,000 New Conventional
Previous Owner $293,800 New Conventional
Previous Owner $705,000 New Conventional
Previous Owner $400,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2024 04/09/24 Sold $1,400,000 -12.2% $976 / Sq Ft
02/09/2024 02/09/24 Pending -- -- --
11/10/2023 11/10/23 Price Changed $1,595,000 -11.1% $1,112 / Sq Ft
10/27/2023 10/27/23 Price Changed $1,795,000 -3.0% $1,252 / Sq Ft
10/20/2023 10/20/23 Price Changed $1,850,000 -1.3% $1,290 / Sq Ft
10/17/2023 10/17/23 Price Changed $1,875,000 -1.3% $1,308 / Sq Ft
10/02/2023 10/02/23 Price Changed $1,900,000 -2.6% $1,325 / Sq Ft
09/25/2023 09/25/23 Price Changed $1,950,000 -2.5% $1,360 / Sq Ft
09/20/2023 09/20/23 For Sale $2,000,000 +81.8% $1,395 / Sq Ft
07/15/2021 07/15/21 Sold $1,100,000 -15.3% $767 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $1,299,000 +38.2% $906 / Sq Ft
07/14/2017 07/14/17 Sold $940,000 -5.0% $539 / Sq Ft
05/10/2017 05/10/17 Pending -- -- --
04/15/2017 04/15/17 For Sale $989,000 -- $567 / 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
2024 $6,644 $779,097 -- --
2023 $6,644 $756,405 $0 $0
2022 $6,823 $734,374 $0 $0
2021 $7,195 $701,200 $0 $701,200
2020 $7,118 $701,200 $0 $701,200
2019 $7,197 $701,200 $0 $701,200
2018 $7,110 $694,080 $0 $694,080
2017 $6,231 $558,583 $0 $0
2016 $5,556 $507,803 $0 $0
2015 $5,083 $461,639 $0 $0
2014 $4,532 $419,672 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 223067011

Naples Area Board of REALTORS®

APN: 20385001403