$1,400,000
SOLD JUN 24, 2025

The Terraces 4751 Gulf Shore Blvd N Unit 408 Naples, FL 34103

Park Shore Neighborhood
3 Beds
2 Baths
1,980 Sq Ft
$2,255/mo HOA Fee

Recently Sold

$707 Per Sq Ft

36% Below List Price

391 Days on Market

Highlights

  • Community Beach Access
  • Property fronts gulf or ocean
  • Community Pool or Spa Combo
  • Sea Gate Elementary School Rated A
  • Florida Architecture
  • Screened Porch

About This Home

As of June 2025

Get lost in the stunning views from this rare three-bedroom in the sought-after 08 stack at The Terraces at Park Shore—one of Naples' most desirable beachfront buildings with resort-style amenities. This updated condo features floor-to-ceiling windows, fresh paint, new carpet, and modern lighting. The kitchen, bathrooms, and lanai offer room for your personal touch, but the rest is move-in ready. Step inside and be swept away by panoramic 180-degree views of the Gulf of Mexico. The spacious, west-facing terrace is perfect for watching sunsets, dining al fresco, or relaxing to the sound of the waves. The 19-story building is directly on the beach yet set back for added protection from storms. Amenities include a fitness center, pool, hot tub, fire pit, barbecue area, 24-hour door attendant, and three guest suites. Pet-friendly and ideally located just minutes from Venetian Village and a short drive to Fifth Avenue. This turnkey coastal retreat is ready for season. Some photos have been virtually staged.

Last Agent to Sell the Property

Mimi Markel

Premier Sotheby's Int'l Realty License #NAPLES-413504664 Listed on: 04/02/2024

Premier Sotheby's Int'l Realty

Last Buyer's Agent

Mari Ann Cundall

John R Wood Properties License #NAPLES-656008758

John R Wood Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,602

Year Built

  • Built in 1986

Lot Details

  • Property fronts gulf or ocean
  • West Facing Home

HOA Fees

  • $2,255 Monthly HOA Fees

Parking

  • 1 Parking Garage Space
  • Automatic Garage Door Opener
  • Circular Driveway
  • Guest Parking
  • Deeded Parking
  • Secure Parking

Property Views

  • Ocean To Bay
  • Bay
  • Gulf

Home Design

  • Florida Architecture
  • Flat Roof Shape
  • Concrete Block With Brick
  • Stone Exterior Construction

Interior Spaces

  • 1,980 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Shutters
  • Sliding Windows
  • Family or Dining Combination
  • Screened Porch

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

Outdoor Features

  • Fire Pit
  • Attached Grill

Utilities

  • Central Heating and Cooling System
  • Multiple Phone Lines
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 20385000080

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Elevator
  • Lobby

Recreation

  • Community Beach Access
  • Community Pool or Spa Combo
  • Park
  • Bike Trail

Pet Policy

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

Security

  • Card or Code Access
  • Phone Entry
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,602

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 408
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.205434$-81.814387$221.10$13.33$1.00$EdikdDcbRJxPF222-jrb7g
  • Building Design: High Rise (8+)
  • Building Description: Florida
  • Storm Protection: Shutters
  • Year Built: 1986
  • Property Information: Get lost in the stunning views from this rare three-bedroom in the sought-after 08 stack at The Terraces at Park Shore—one of Naples' most desirable beachfront buildings with resort-style amenities. This updated condo features floor-to-ceiling windows, fresh paint, new carpet, and modern lighting. The kitchen, bathrooms, and lanai offer room for your personal touch, but the rest is move-in ready. Step inside and be swept away by panoramic 180-degree views of the Gulf of Mexico. The spacious, west-facing terrace is perfect for watching sunsets, dining al fresco, or relaxing to the sound of the waves. The 19-story building is directly on the beach yet set back for added protection from storms. Amenities include a fitness center, pool, hot tub, fire pit, barbecue area, 24-hour door attendant, and three guest suites. Pet-friendly and ideally located just minutes from Venetian Village and a short drive to Fifth Avenue. This turnkey coastal retreat is ready for season. Some photos have been virtually staged.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 4
  • Price Per Sq Ft: 707.07
  • Total Floors: 1
  • Additional Rooms: Guest Bath, Guest Room, Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 1980
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Family Dining
  • Elevator: Common
  • Equipment: Auto Garage Door, Cooktop - Electric, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Smoke Detector, Washer
  • Flooring: Carpet, Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Fire Sprinkler, Internet Available, Laundry Tub, Multiple Phone Lines, Smoke Detectors, Walk-In Closet
  • Kitchen: Island
  • Primary Bathroom: Separate Tub And Shower
  • Windows: Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Built-Up Or Flat
  • Construction: Concrete Block
  • Irrigation: Reclaimed
  • View: Bay, Gulf, Gulf and Bay
  • Exterior Features: Built In Grill, Built-In Gas Fire Pit
  • Exterior Finish: Stone
  • Waterfront Type: Gulf Frontage

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 1
  • Parking: 1 Assigned, Circle Drive, Guest

Utilities

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

Condo/Co-op/Association

  • Management Company Phone: 239-649-1582
  • Approval: Application Fee, Buyer
  • Management: Professional
  • Mandatory HOA: No
  • 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, Reserve, Security, Sewer, Street Lights, Trash Removal, Water
  • Development Name: PARK SHORE

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 1
  • Pets Limit Max Weight: 25
  • Development: Park Shore
  • Amenities: BBQ - Picnic, Beach Access, Bike And Jog Path, Community Park, Community Pool, Community Room, Community Spa/Hot tub, Sidewalk, Streetlight, Trash Chute
  • Community Type: Non-Gated
  • Units In Building: 116
  • Total Number of Units: 116

Fee Information

  • Application Fee: 150.00

Lot Info

  • Builder Product: No
  • Lot Unit: 408
  • Section: 16
  • Total Area: 2000
  • Waterfront: Yes
  • Rear Exposure: West
  • Lot Description: Zero Lot Line
  • Parcel Number: 20385000080

Rental Info

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

Tax Info

  • Tax Description: County Only, Homestead, Other Exemptions
  • Taxes: 4601.92
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2024
Closed on
Jun 3, 2025
Sold by
Kossover Victoria and Harriet Ehrlich Revocable Trust
Bought by
Vincent George H and Vincent Kim M
Seller's Agent
Mimi Markel
Premier Sotheby's Int'l Realty
Buyer's Agent
Mari Ann Cundall
John R Wood Properties
List Price
$2,195,000
Sold Price
$1,400,000
Premium/Discount to List
-$795,000
-36.22%
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
212.19%
Original Mortgage
$1,050,000
Outstanding Balance
$1,048,768
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$669,631

Purchase Details

Closed on
Mar 13, 2023
Sold by
Ehrlich Harriet
Bought by
Harriet Ehrlich Revocable Trust

Purchase Details

Closed on
Feb 27, 1996
Sold by
Trierweiler Daniel J
Bought by
Ehrlich Harriet

Purchase Details

Closed on
May 25, 1994
Sold by
Z B B H Corp
Bought by
Trierweiler Daniel J
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 $1,400,000 None Listed On Document
Warranty Deed -- --
Warranty Deed $515,000 --
Warranty Deed $450,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,050,000 New Conventional
Previous Owner $800,000 Future Advance Clause Open End Mortgage
Previous Owner $200,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 Sold $1,400,000 -6.7% $707 / Sq Ft
04/28/2025 04/28/25 Pending -- -- --
04/15/2025 04/15/25 Price Changed $1,500,000 -11.5% $758 / Sq Ft
03/14/2025 03/14/25 Price Changed $1,695,000 -15.0% $856 / Sq Ft
02/12/2025 02/12/25 Price Changed $1,995,000 -9.1% $1,008 / Sq Ft
10/28/2024 10/28/24 For Sale $2,195,000 +56.8% $1,109 / Sq Ft
07/15/2024 07/15/24 Off Market $1,400,000 -- --
04/19/2024 04/19/24 Price Changed $2,395,000 -9.6% $1,210 / Sq Ft
04/02/2024 04/02/24 For Sale $2,650,000 -- $1,338 / 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 $4,602 $556,932 -- --
2023 $4,602 $540,711 $0 $0
2022 $4,764 $524,962 $0 $0
2021 $4,834 $509,672 $0 $0
2020 $4,715 $502,635 $0 $0
2019 $4,651 $491,334 $0 $0
2018 $4,548 $482,173 $0 $0
2017 $4,479 $472,256 $0 $0
2016 $4,399 $462,543 $0 $0
2015 $4,491 $459,328 $0 $0
2014 -- $405,683 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 224030313

Naples Area Board of REALTORS®

APN: 20385000080