$1,925,000
$100K PRICE DROP

The Terraces 4751 Gulf Shore Blvd N Unit P.H.2 Naples, FL 34103

Park Shore Neighborhood

Estimated payment $13,243/month

Total Views 10,105
2 Beds
2 Baths
1,252 Sq Ft
$1,538 Price per Sq Ft

Highlights

  • Beach Access
  • Property fronts gulf or ocean
  • Penthouse
  • Sea Gate Elementary School Rated A
  • Fitness Center
  • Wolf Appliances

About This Home

Discover perfection in every detail of this exquisite penthouse, artfully renovated by BIG construction and nestled on the beach in prestigious Park Shore. This contemporary masterpiece looks out over Venetian Bay with gorgeous sunrises and twinkling evening lights from the floor-to-ceiling windows. The kitchen is a culinary dream, boasting a Wolf stove, Sub-Zero refrigerator, and custom cabinets. The living room has a custom built-in entertainment center with a wine refrigerator. The primary bath becomes a personal oasis with a walk-in shower, double vanities and custom cabinets. The Terraces is a 19-story pet-friendly building with a 24-hour doorman, fitness center, pool, social room, catering kitchen, sun deck, grills, fire pit, and three guest suites. Close to world-class shopping at Waterside Shops and Venetian Village.

Listing Agent

Mimi Markel

Premier Sotheby's Int'l Realty Listed on: 12/07/2023

Premier Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,224

Year Built

  • Built in 1986

Lot Details

  • Property fronts gulf or ocean
  • Zero Lot Line

HOA Fees

  • $2,255 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Circular Driveway
  • Guest Parking
  • Assigned Parking

Property Views

  • Ocean To Bay
  • Bay
  • Gulf

Home Design

  • Penthouse
  • Concrete Block With Brick
  • Concrete Foundation
  • Stone Siding

Interior Spaces

  • Property has 1 Level
  • Family or Dining Combination
  • Screened Porch
  • Tile Flooring

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Wolf Appliances
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer
  • Laundry Tub

Home Security

Outdoor Features

  • Beach Access
  • Fire Pit
  • Attached Grill

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 20385002208
  • Tax Block PH

Community Details

Overview

  • 116 Units
  • Terraces At Park Shore Subdivision

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Park
  • Bike Trail

Pet Policy

  • Pets up to 25 lbs
  • Limit on the number of pets

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,224

Year Built

Built in 1986

Lot Details

0

HOA Fees

$2,255 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1986
  • Property Sub Type: High Rise (8+)
  • Community Features: Park, Pool, Fitness Center, Sidewalks, Street Lights
  • Horses: No
  • Lot Features: Zero Lot Line
  • Park Name: PARK SHORE
  • Is Senior Community?: No
  • Spa Features: Community
  • Has View?: Yes
  • Security Features: Smoke Detector(s), Fire Sprinkler System
  • Association Amenities: Barbecue, Beach Access, Bike And Jog Path, Park, Pool, Community Room, Spa/Hot Tub, Fitness Center, Storage, Sidewalk, Streetlight, Trash Chute
  • Association Fees: 27056
  • Has H O A?: No
  • Co List Office Mls Id: PREM01
  • Special Conditions: Potential Short Sale
  • Standard Status: Active
  • Subdivision Name: TERRACES AT PARK SHORE
  • Architectural Style: Penthouse, High Rise (8+)
  • Has Fireplace?: No
  • Unit Levels: 1
  • Is New Construction?: No
  • Elevator: Common
  • Boat Access: None
  • LastChangeTimestamp: 2025-11-04T02:08:32.047Z
  • Community Type: Non-Gated
  • BridgeModificationTimestamp: 2025-11-04T02:09:34.427Z
  • ListAgent_MUI: 38304040
  • CDOM: 697
  • Building Desc: Penthouse
  • Equipment: Auto Garage Door, Cooktop - Electric, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Smoke Detector, Washer
  • DOM: 483
  • Additional Rooms: Guest Bath, Guest Room, Laundry in Residence, Screened Lanai/Porch
  • NABOR_ListPrice: 1925000
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile
  • Interior Amenities: Built-In Cabinets, Fire Sprinkler, Laundry Tub, Multi Phone Lines, Smoke Detectors, Walk-In Closet(s)
  • Private Spa: No
  • Appliances: Electric Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1
  • Room Dining Room Features: Dining - Family
  • Kitchen Description: Island

Exterior Features

  • Roof: Built-Up
  • View: Bay, Gulf, Gulf and Bay
  • Exterior Features: Screened Lanai/Porch, Built In Grill, Built-In Gas Fire Pit
  • Pool Features: Community
  • Has Private Pool?: No
  • Waterfront Features: Gulf Frontage
  • Construction Type: Concrete Block, Stone
  • Foundation Details: Concrete Block

Garage/Parking

  • Garage Spaces: 1
  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Covered Parking Spaces: 1
  • Has Attached Garage?: Yes
  • Parking Features: 1 Assigned, Circular Driveway, Guest, Attached
  • Total Parking Spaces: 1

Utilities

  • Cooling: Ceiling Fan(s), Central Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Laundry Features: Laundry in Residence, Laundry Tub
  • Green Building Features: DSL/Cable Available
  • Heating: Central Electric
  • Water Source: Central

Condo/Co-op/Association

  • Pets Allowed: Limits

Lot Info

  • Waterfront: Yes
  • Parcel Number: 20385002208
  • Land Lease Expiration Date: 2026-11-03
  • Additional Parcels: No

Rental Info

  • Lease Term: Buyer Finance/Cash

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10223.5
  • Tax Block: PH

Multi Family

  • Number Of Units Furnished: Turnkey
  • Number Of Units Total: 116

Map

About The Terraces

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $11,049 $1,212,080 -- $1,212,080
2024 $10,224 $1,212,080 -- $1,212,080
2023 $10,224 $1,104,800 $0 $1,104,800
2022 $10,120 $1,032,018 $0 $1,032,018
2021 $7,617 $780,400 $0 $780,400
2020 $7,540 $780,400 $0 $780,400
2019 $7,623 $780,400 $0 $780,400
2018 $7,609 $780,400 $0 $780,400
2017 $7,353 $671,232 $0 $0
2016 $6,855 $610,211 $0 $0
2015 $6,330 $554,737 $0 $0
2014 $5,428 $504,306 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/15/2025 01/15/25 Price Changed $1,925,000 -2.5% $1,538 / Sq Ft
10/28/2024 10/28/24 Price Changed $1,975,000 -1.0% $1,577 / Sq Ft
10/28/2024 10/28/24 For Sale $1,995,000 +1.0% $1,593 / Sq Ft
06/27/2024 06/27/24 Off Market $1,975,000 -- --
05/02/2024 05/02/24 Price Changed $1,975,000 -2.5% $1,577 / Sq Ft
04/30/2024 04/30/24 For Sale $2,025,000 0.0% $1,617 / Sq Ft
01/30/2024 01/30/24 Off Market $2,025,000 -- --
12/07/2023 12/07/23 For Sale $2,025,000 -11.0% $1,617 / Sq Ft
06/28/2022 06/28/22 Sold $2,275,000 0.0% $1,817 / Sq Ft View Prior Sale
04/26/2022 04/26/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $2,275,000 -- $1,817 / Sq Ft
Source: Naples Area Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $2,275,000 Bond Schoeneck & King Pllc
Warranty Deed $1,095,000 Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $535,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,706,250 New Conventional
Previous Owner $752,000 New Conventional
Previous Owner $360,000 New Conventional
Source: Public Records

Source: Naples Area Board of REALTORS®

MLS Number: 223090824

Naples Area Board of REALTORS®

APN: 20385002208

Florida Collier County Naples 34103 Park Shore

4751 Gulf Shore Blvd N Unit P.H.2, Naples, FL

For Sale

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Naples Area Board of REALTORS® The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2025 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

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Mimi Markel
Listing Agent
Mimi Markel
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Premier Sotheby's Int'l Realty
(239) 428-1187