NOT LISTED FOR SALE

Meridian Club 4901 Gulf Shore Blvd N Unit 1202 Naples, FL 34103

Park Shore Neighborhood

Estimated Value: $1,980,643 - $2,265,000

3 Beds
3 Baths
2,019 Sq Ft
$1,842/mo HOA Fee

Last Sold December 29, 2023

Last sale price $2,150,000 $1,065 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $14,356/month

24 Days on Market

Highlights

  • Doorman
  • Community Beach Access
  • End Unit
  • Sea Gate Elementary School Rated A
  • Property fronts gulf or ocean
  • Furnished

About This Home

As of December 2023

C11421 - GULF, BAY & CITY VISTAS! MERIDIAN CLUB is a premier gated beachfront hi-rise on Gulf Shore Blvd in PARK SHORE. In demand, this building with only 4 units per floor, is ideally situated in a park setting with amazing views of the Naples coastline & access to the Promenade beach boardwalk. Vacation or retire to cocktails, cool gulf breezes & sunset views from this corner unit on the 12th fl! Filled with natural light, this 2019 SF unit features high impact sliding glass doors, a 400 SF wrap around balcony, lg glass enclosed outdoor patio, 3 bedroom en-suites, den, & formal living & dining. This floor plan serves the extended family well with two primary suites, lg walk-in closets & 3 full baths. Meridian boasts new exterior updates i.e.fresh paint, glass panel railings & an updated pool patio. Residents enjoy the elevated pool & spa, cabana, outdoor grilling area, tennis, pickleball, fitness center, on-site management, 24 hr security, covered parking and storage. Across from the Park Shore Marina and Venetian Bay Yacht Club for boaters! Stroll to Venetian Village for boutique shopping, fine dining or a short drive to The Artis, Waterside Shops or Mercato. Pet friendly!

Last Agent to Sell the Property

Laurie Bellico

William Raveis Real Estate Brokerage Phone: 239-293-9389 Listed on: 08/21/2023

William Raveis Real Estate

Last Buyer's Agent

Laurie Bellico

William Raveis Real Estate Brokerage Phone: 239-293-9389 Listed on: 08/21/2023

William Raveis Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,733

Year Built

  • Built in 1981

Lot Details

  • Property fronts gulf or ocean
  • End Unit
  • Northwest Facing Home
  • Gated Home

HOA Fees

  • $1,842 Monthly HOA Fees

Parking

  • 1 Parking Garage Space
  • Common or Shared Parking

Property Views

Home Design

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

Interior Spaces

  • 2,019 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Furnished or left unfurnished upon request
  • Corner Fireplace
  • Window Treatments
  • Picture Window
  • Sliding Windows
  • French Doors
  • Formal Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Balcony
  • Outdoor Grill

Schools

  • Sea Gate Elementary School
  • Gulfview Middle School
  • Naples High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12605000862

Community Details

Overview

  • 85 Units
  • High-Rise Condominium
  • Meridian Club Condos
  • Park Shore Community

Amenities

  • Doorman
  • Elevator
  • Lobby

Recreation

  • Gulf Boat Access
  • Community Beach Access
  • Tennis Courts
  • Pickleball Courts
  • Exercise Course

Pet Policy

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,733

Year Built

Built in 1981

Lot Details

0

HOA Fees

$1,842 per month

Parking

1

Listing Details

  • Legal Description: MERIDIAN CLUB A CONDOMINIUM UNIT 1202
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.20641575550843$-81.81431553733285$244.73$13.33$1.00$RDiKwuAZ2Q-UFuJWH-Oe9g
  • Building Design: High Rise (8+)
  • Building Description: Corner, End-Unit
  • Year Built: 1981
  • Property Information: C11421 - GULF, BAY & CITY VISTAS! MERIDIAN CLUB is a premier gated beachfront hi-rise on Gulf Shore Blvd in PARK SHORE. In demand, this building with only 4 units per floor, is ideally situated in a park setting with amazing views of the Naples coastline & access to the Promenade beach boardwalk. Vacation or retire to cocktails, cool gulf breezes & sunset views from this corner unit on the 12th fl! Filled with natural light, this 2019 SF unit features high impact sliding glass doors, a 400 SF wrap around balcony, lg glass enclosed outdoor patio, 3 bedroom en-suites, den, & formal living & dining. This floor plan serves the extended family well with two primary suites, lg walk-in closets & 3 full baths. Meridian boasts new exterior updates i.e.fresh paint, glass panel railings & an updated pool patio. Residents enjoy the elevated pool & spa, cabana, outdoor grilling area, tennis, pickleball, fitness center, on-site management, 24 hr security, covered parking and storage. Across from the Park Shore Marina and Venetian Bay Yacht Club for boaters! Stroll to Venetian Village for boutique shopping, fine dining or a short drive to The Artis, Waterside Shops or Mercato. Pet friendly!
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Furnished
  • Num Unit Floor: 12
  • Price Per Sq Ft: 1064.88
  • Total Floors: 1
  • Additional Rooms: Balcony, Laundry in Residence
  • Estimated Living Area: 2019
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedroom Description: Split Bedrooms
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Living Dining, Formal
  • Elevator: Common
  • Equipment: Cooktop - Electric, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Washer/Dryer Hookup
  • Flooring: Carpet, Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Foyer, French Doors, Laundry Tub, Walk-In Closet, Window Coverings
  • Primary Bathroom: Separate Tub And Shower
  • Windows: Picture, Sliding

Exterior Features

  • Gulf Access: Yes
  • Private Pool: No
  • Private Spa: No
  • Roof: Built-Up Or Flat
  • Construction: Concrete Block
  • View: Gulf, Gulf and Bay
  • Exterior Features: Grill, Tennis Court
  • Exterior Finish: Stucco
  • Waterfront Type: Gulf Frontage

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 1
  • Parking: 1 Assigned, Common, Covered

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Security: Doorman, Gated, Lobby
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239-262-1343
  • Management: Professional
  • Mandatory HOA: No
  • Restrictions: Limited Build Time, No Commercial, No RV, No Truck
  • Sub Condo Name: MERIDIAN CLUB
  • Condo Fees: 5525
  • Condo Fee Frequency: Quarterly
  • Maintenance: Cable, Fidelity Bond, Insurance, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Recreational Facilities, Reserve, Security
  • Development Name: PARK SHORE

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 1
  • Pets Limit Max Weight: 25
  • Development: Park Shore
  • Amenities: Beach Access, Community Pool, Community Room, Exercise Room, Pickleball, Tennis Court
  • Community Type: Gated
  • Units In Building: 85
  • Total Number of Units: 85

Fee Information

  • Application Fee: 200.00

Schools

  • Elementary School: SEA GATE ELEMENTARY
  • Middle School: GULFVIEW MIDDLE SCHOOL
  • High School: NAPLES HIGH SCHOOL
  • Elementary School: Sea Gate Elementary
  • High School: Naples High School
  • Middle School: Gulfview Middle School

Lot Info

  • Builder Product: No
  • Lot Unit: 1202
  • Section: 16
  • Total Area: 2427
  • Waterfront: Yes
  • Rear Exposure: Northwest
  • Lot Description: Other
  • Parcel Number: 12605000862

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 1
  • Min Days Of Lease: 90

Tax Info

  • Tax Description: City And County, No Homestead
  • Taxes: 14733.00
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2023
Closed on
Dec 29, 2023
Sold by
Cofrancesco Margaret A
Bought by
Richard F Baalmann Jr Indenture Of Trust and Kathleen Felke Baalmann Revocable Living Trus
Seller's Agent
Laurie Bellico
William Raveis Real Estate
Buyer's Agent
Laurie Bellico
William Raveis Real Estate
List Price
$2,699,000
Sold Price
$2,150,000
Premium/Discount to List
-$549,000
-20.34%
Views
39
Current Estimated Value
$2,097,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$52,839
Avg. Annual Appreciation
-1.39%
Original Mortgage
$700,000
Outstanding Balance
$688,841
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$1,408,320

Purchase Details

Closed on
Oct 24, 1997
Sold by
Davis Tom W
Bought by
Cofrancesco Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.55%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Richard F Baalmann Jr Indenture Of Trust $2,150,000 None Listed On Document
Cofrancesco Margaret A -- --
Cofrancesco Margaret A $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richard F Baalmann Jr Indenture Of Trust $700,000
Previous Owner Cofrancesco Margaret A $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2023 12/29/23 Sold $2,150,000 -17.3% $1,065 / Sq Ft
09/14/2023 09/14/23 Pending -- -- --
09/05/2023 09/05/23 Price Changed $2,599,000 -3.7% $1,287 / Sq Ft
08/21/2023 08/21/23 For Sale $2,699,000 -- $1,337 / 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 $16,229 $1,830,063 -- $1,830,063
2024 $13,468 $1,780,365 -- $1,780,365
2023 $13,468 $1,291,518 $0 $0
2022 $12,941 $1,174,107 $0 $0
2021 $10,953 $1,067,370 $0 $1,067,370
2020 $11,065 $1,089,960 $0 $1,089,960
2019 $11,418 $1,112,550 $0 $1,112,550
2018 $11,397 $1,112,550 $0 $1,112,550
2017 $10,726 $1,026,153 $0 $0
2016 $9,942 $932,866 $0 $0
2015 $9,020 $848,060 $0 $0
2014 $8,782 $815,861 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 223060526

Naples Area Board of REALTORS®

APN: 12605000862