NOT LISTED FOR SALE

Meridian Club 4901 Gulf Shore Blvd N Unit PH3 Naples, FL 34103

Park Shore Neighborhood

Estimated Value: $2,412,000 - $3,777,594

3 Beds
3 Baths
2,019 Sq Ft
$1,433/mo HOA Fee

Last Sold February 04, 2022

Last sale price $3,500,000 $1,734 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $19,800/month

72 Days on Market

Highlights

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

About This Home

As of February 2022

Breathtaking total redesign of this Meridian Club penthouse by Roz Travis Interiors. This elegant turnkey residence is the perfect Park Shore retreat with magnificent views of Venetian Bay and the Gulf of Mexico. The skylit entry leads to a thoughtfully designed, open living area featuring wood-plank tile floors, frosted glass doors, stepped ceilings and quartz countertops. The expansive wraparound balcony has updated glass railings and glass-enclosed seating area. The master bedroom has been reimagined into a luxurious suite with a large dressing area, island, mirrored closets and open master bath. An en-suite second master and third guest bedroom with guest bath complete the residence. Luxury finishes throughout include electric shades, mounted TVs and designer furnishings. Meridian Club is a luxury high-rise located on 3.5 acres with more than 300 feet of beachfront and only 4 units per floor. Amenities include gated entry, 24-hour doorman, pool and spa overlooking the beach, outdoor grill and entertainment area, social rooms, tennis and pickleball. Conveniently located near the upscale shops and restaurants of Venetian Village, this is your opportunity to live on the beach.

Last Agent to Sell the Property

Catherine McAvoy

Premier Sotheby's Int'l Realty License #NAPLES-249523764 Listed on: 11/03/2021

Premier Sotheby's Int'l Realty

Last Buyer's Agent

Michael Lawler

Douglas Elliman Florida,LLC License #NAPLES-249501908

Douglas Elliman Florida,LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,176

Year Built

  • Built in 1981

Lot Details

  • Beach Front
  • Property fronts gulf or ocean
  • Private Beach
  • Southeast Facing Home
  • Gated Home

HOA Fees

  • $1,433 Monthly HOA Fees

Parking

  • 1 Parking Garage Space
  • Guest Parking
  • Deeded Parking

Property Views

Home Design

  • Penthouse
  • Flat Roof Shape
  • Poured Concrete
  • Stucco

Interior Spaces

  • 2,019 Sq Ft Home
  • Furnished
  • Furnished or left unfurnished upon request
  • Tray Ceiling
  • Ceiling Fan
  • Sliding Windows
  • Great Room
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • Balcony
  • Patio
  • Lanai

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 12605001683

Community Details

Overview

  • 85 Units
  • High-Rise Condominium
  • Meridian Club Condos
  • Car Wash Area
  • 22-Story Property

Amenities

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

Recreation

  • Community Beach Access
  • Tennis Courts
  • Pickleball Courts
  • Shuffleboard Court
  • Exercise Course
  • Park

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
  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,176

Year Built

Built in 1981

Lot Details

0

HOA Fees

$1,433 per month

Parking

1

Listing Details

  • Legal Description: MERIDIAN CLUB A CONDOMINIUM PH-3
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.205996$-81.815121$247.76$13.33$1.00$0OzEIEEyJSHqut-hngdWSQ
  • Building Design: High Rise (8+)
  • Building Description: Penthouse
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 22

Interior Features

  • Furnished Description: Furnished
  • Num Unit Floor: 22
  • Price Per Sq Ft: 1733.53
  • Total Floors: 22
  • Additional Rooms: Balcony, Great Room, Guest Bath, Guest Room, Laundry in Residence, Open Porch/Lanai
  • Estimated Living Area: 2019
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedroom Description: Split Bedrooms
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Breakfast Bar, Living Dining
  • Elevator: Common
  • Equipment: Cooktop - Electric, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Freezer, Self Cleaning Oven, Washer, Wine Cooler
  • Flooring: Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Fire Sprinkler, Laundry Tub, Pantry, Smoke Detectors, Tray Ceiling, Walk-In Closet, Window Coverings
  • Kitchen: Island, Pantry
  • Primary Bathroom: Dual Sinks, Shower Only
  • Windows: Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Built-Up Or Flat
  • Construction: Poured Concrete
  • Irrigation: Central
  • Road: Paved Road
  • View: Bay, City, Gulf, Gulf and Bay
  • Exterior Features: Patio
  • Exterior Finish: Stucco
  • Waterfront Type: Gulf Frontage, On the Gulf Beach

Garage/Parking

  • Garage Description: Detached
  • Garage Spaces: 1
  • Parking: 1 Assigned, Covered, Deeded, Guest, Wheelchair Access

Utilities

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

Condo/Co-op/Association

  • Management Company Phone: 239-262-1343
  • Approval: Application Fee, Buyer
  • Management: On-Site
  • Mandatory HOA: No
  • Restrictions: Deeded, No Commercial, No Motorcycles, No RV, No Truck
  • Sub Condo Name: MERIDIAN CLUB
  • Condo Fees: 4300
  • Condo Fee Frequency: Quarterly
  • Maintenance: Cable, Insurance, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Recreational Facilities, Reserve, Security, Sewer, Street Lights, Trash Removal, Water

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 1
  • Pets Limit Max Weight: 25
  • Development: Park Shore
  • Amenities: Beach - Private, Beach Access, Bike Storage, Community Park, Community Pool, Community Room, Community Spa/Hot tub, Exercise Room, Extra Storage, Internet Access, Pickleball, Shuffleboard, Tennis Court, Trash Chute, Underground Utility, Vehicle Wash Area
  • Community Type: Condo/Hotel, 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
  • Section: 16
  • Total Area: 2427
  • Waterfront: Yes
  • Rear Exposure: Southeast
  • Lot Description: Zero Lot Line
  • Parcel Number: 12605001683

Rental Info

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

Tax Info

  • Tax Description: City And County, No Homestead
  • Taxes: 13176.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2021
Closed on
Feb 4, 2022
Sold by
Schermerhorn Jr Richard P
Bought by
Nichols William Donald and Nichols Sheri Lee
Seller's Agent
Catherine McAvoy
Premier Sotheby's Int'l Realty
Buyer's Agent
Michael Lawler
Douglas Elliman Florida,LLC
List Price
$3,500,000
Sold Price
$3,500,000
Current Estimated Value
$3,096,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$403,351
Avg. Annual Appreciation
-3.83%

Purchase Details

Listed on
Dec 16, 2020
Closed on
Mar 22, 2021
Sold by
Bonanno Philip P and Philip P Bonanno Revocable Tru
Bought by
Schermerhorn Richard P
Seller's Agent
Curt Stevens
John R Wood Properties
Buyer's Agent
Catherine McAvoy
Premier Sotheby's Int'l Realty
List Price
$1,750,000
Sold Price
$1,475,000
Premium/Discount to List
-$275,000
-15.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
169.99%

Purchase Details

Closed on
Sep 10, 2020
Sold by
Bonanno Philip and Bonanno Maureen
Bought by
Bonanno Philip P and Philip P Bonanno Revocable Tru

Purchase Details

Closed on
Mar 18, 1998
Sold by
Layman Robert A and Layman Patricia J
Bought by
Bonanno Philip and Bonanno Maureen
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Nichols William Donald $3,500,000 Conroy Conroy & Durant Pa
Schermerhorn Richard P $1,475,000 Accommodation
Bonanno Philip P -- Attorney
Bonanno Philip $465,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vandevelde Charles E $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2022 02/04/22 Sold $3,500,000 0.0% $1,734 / Sq Ft
01/14/2022 01/14/22 Pending -- -- --
11/03/2021 11/03/21 For Sale $3,500,000 +137.3% $1,734 / Sq Ft
03/22/2021 03/22/21 Sold $1,475,000 -15.7% $731 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
12/16/2020 12/16/20 For Sale $1,750,000 -- $867 / 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 $18,321 $2,115,365 -- $2,115,365
2023 $18,321 $1,979,825 $0 $1,979,825
2022 $18,237 $1,859,702 $0 $1,859,702
2021 $13,087 $1,275,370 $0 $1,275,370
2020 $13,176 $1,297,960 $0 $1,297,960
2019 $13,553 $1,320,550 $0 $1,320,550
2018 $13,528 $1,320,550 $0 $1,320,550
2017 $12,983 $1,256,053 $0 $0
2016 $12,099 $1,141,866 $0 $0
2015 $11,041 $1,038,060 $0 $0
2014 $10,848 $1,007,861 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 221077074

Naples Area Board of REALTORS®

APN: 12605001683