NOT LISTED FOR SALE

503 Arbor Lake Dr Unit 5-102 Naples, FL 34110

Coastal North Naples Neighborhood

Estimated Value: $485,000 - $1,033,000

3 Beds
2 Baths
2,227 Sq Ft
$4,294/mo HOA Fee

Last Sold May 22, 2024

Last sale price $650,000 $292 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $7,933/month

129 Days on Market

Highlights

  • Lake Front
  • Private Membership Available
  • Wood Flooring
  • Naples Park Elementary School Rated A-
  • Clubhouse
  • Beauty Salon

About This Home

As of May 2024

This 3 bed/2 bath villa home is immaculate and move-in ready! Featuring a wide open floor plan, with tremendous amounts of space for principal residents and guests, this unit lives like a single family home wrapped in graceful lake views. Considerable upgrades abound including Brazilian mahogany floors, granite countertops, high ceilings with crown molding throughout, and ample closet space. Come home to Arbor Trace: Situated on 40 acres along the Gulf of Mexico, this unparalleled community offers senior living at its finest with 100% equity ownership & no entrance fees or health examinations. Exceptional amenities abound for your enjoyment and support. Fancy the 17th level Top of the Pointe overlooking the Bay and Gulf, North Naples campus for lifelong learning classes, use of all club facilities with fine dining, shopping/medical appointment transportation, salon, fitness, pool & spa, shuffleboard, pickleball, bocce, recreational clubs/activities and so much more! Housekeeping and maintenance services are optional. Round-the-clock emergency monitoring for all residents gives meaningful peace of mind and Arbor Glen is on-site, offering exceptional Assisted Living Residences.

Last Agent to Sell the Property

Douglas and Rose Milano

INACTIVE AGENT ACCT License #NAPLES-258020566 Listed on: 12/05/2023

Co-Listed By

Lily Mejia

Arbor Trace Realty

Last Buyer's Agent

Douglas and Rose Milano

INACTIVE AGENT ACCT License #NAPLES-258020566 Listed on: 12/05/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,213

Year Built

  • Built in 1991

Lot Details

  • Lake Front
  • West Facing Home

HOA Fees

Parking

  • 1 Parking Garage Space
  • Automatic Garage Door Opener
  • Deeded Parking

Home Design

  • Condo Hotel
  • Villa
  • Entry on the 1st floor
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 2,227 Sq Ft Home
  • 1-Story Property
  • Electric Shutters
  • Double Hung Windows
  • Great Room
  • Combination Dining and Living Room
  • Storage
  • Lake Views

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

Outdoor Features

  • Patio

Schools

  • Naples Park Elementary School
  • North Naples Middle School
  • Gulf Coast High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 22350003405
  • Tax Block 5
  • $15,000 Seller Concession

Community Details

Overview

  • 5 Units
  • Private Membership Available
  • Arbor Trace Condos
  • Arbor Trace Community
  • Car Wash Area

Amenities

  • Assisted Living Available
  • Restaurant
  • Beauty Salon
  • Clubhouse
  • Billiard Room
  • Community Library

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Bocce Ball Court
  • Shuffleboard Court
  • Exercise Course
  • Community Pool or Spa Combo
  • Putting Green
  • Dog Park

Pet Policy

  • Pets up to 30 lbs
  • Call for details about the types of pets allowed
  • 2 Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,213

Year Built

Built in 1991

Lot Details

0

HOA Fees

$4,294 per month

Parking

1

Listing Details

  • Legal Description: ARBOR TRACE A CONDOMINIUM 5-102
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.30253140308064$-81.818699118555$265.55$13.33$1.00$tYdjLbFiN75QAy777PqIbg
  • Building Design: Villa Attached
  • Building Description: 1 Story/Ranch
  • Storm Protection: Electric Shutters
  • Year Built: 1991
  • Directions: US-41 North to Wiggins Pass Road. West on Wiggins to Vanderbilt Dr. North on Vanderbilt to community on left with automatic gate. Follow signs to Sales Center in Clubhouse.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 291.87
  • Total Floors: 1
  • Additional Rooms: Guest Bath, Guest Room, Laundry in Residence
  • Estimated Living Area: 2227
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Living Dining
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Icemaker, Self Cleaning Oven, Smoke Detector, Washer
  • Flooring: Carpet, Tile, Wood
  • Floor Plan: Great Room, Split Bedrooms
  • Interior Amenities: Cable Prewire, Closet Cabinets, Fire Sprinkler, Internet Available, Laundry Tub, Smoke Detectors, Walk-In Closet, Window Coverings
  • Primary Bathroom: Dual Sinks, Shower Only
  • Windows: Double Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Central
  • View: Lake, Landscaped Area
  • Exterior Features: Decorative Shutters, Patio, Storage
  • Exterior Finish: Stucco
  • Waterfront Type: Lake

Garage/Parking

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

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Approval: Interview
  • Management: Residents
  • Mandatory HOA: No
  • Restrictions: Deeded, Housing For Older Persons
  • Sub Condo Name: ARBOR TRACE
  • Condo Fees: 2544
  • Condo Fee Frequency: Monthly
  • Maintenance: Cable, Internet/WiFi Access, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Pest Control Interior, Recreational Facilities, Reserve, Sewer, Street Lights, Street Maintenance, Trash Removal, Water
  • Club Fee Mandatory: 1750
  • Club Fee Mandatory Frequency: Monthly
  • Development Name: ARBOR TRACE

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 2
  • Pets Limit Max Weight: 30
  • Development: Arbor Trace
  • Amenities: Assisted Living Available, Beauty Salon, Billiards, Bocce Court, Clubhouse, Community Pool, Community Room, Community Spa/Hot tub, Dog Park, Exercise Room, Guest Room, Internet Access, Library, Pickleball, Private Membership, Putting Green, Restaurant, Shuffleboard, Sidewalk, Streetlight, Tennis Court, Underground Utility, Vehicle Wash Area
  • Community Type: Condo/Hotel, Gated
  • Units In Building: 5
  • Total Number of Units: 206

Schools

  • Elementary School: Naples Park Elementary School
  • High School: Gulf Coast High School
  • Middle School: North Naples Middle School

Lot Info

  • Builder Product: No
  • Section: 8
  • Total Area: 2227
  • Waterfront: Yes
  • Rear Exposure: West
  • Lot Description: Regular
  • Parcel Number: 22350003405

Rental Info

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

Tax Info

  • Tax Description: County Only, Homestead
  • Taxes: 2212.70
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2023
Closed on
May 21, 2024
Sold by
Svoboda Gordon J and Gordon J Svoboda Declaration Of Trust
Bought by
Daniel Richard M and Daniel Mary S
Seller's Agent
Douglas and Rose Milano
INACTIVE AGENT ACCT
Buyer's Agent
Douglas and Rose Milano
INACTIVE AGENT ACCT
List Price
$685,900
Sold Price
$650,000
Premium/Discount to List
-$35,900
-5.23%
Views
61
Current Estimated Value
$654,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,768
Avg. Annual Appreciation
0.51%

Purchase Details

Closed on
Jun 6, 2018
Sold by
Svoboda Gordon J and Svoboda Sharon L
Bought by
Svoboda Gordon J

Purchase Details

Closed on
Dec 7, 2004
Sold by
Atten Rita M
Bought by
Svoboda Gordon J and Svoboda Sharon L

Purchase Details

Closed on
Apr 20, 2000
Sold by
Graham Eunice and Graham Marvin M
Bought by
Atten Rita M

Purchase Details

Closed on
May 29, 1998
Sold by
Salo Elmo A and Salo Mary P
Bought by
Graham Marvin M and Graham Eunice
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
Daniel Richard M $650,000 Sunbelt Title
Svoboda Gordon J -- Attorney
Svoboda Gordon J $250,000 --
Atten Rita M $325,000 --
Graham Marvin M $375,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2024 05/22/24 Sold $650,000 -3.7% $292 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
02/28/2024 02/28/24 Price Changed $675,000 -1.6% $303 / Sq Ft
12/05/2023 12/05/23 For Sale $685,900 -- $308 / 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 $2,336 $88,660 -- --
2024 $2,305 $261,178 -- --
2023 $2,305 $253,571 $0 $0
2022 $2,390 $246,185 $0 $0
2021 $2,407 $239,015 $0 $0
2020 $2,349 $235,715 $0 $0
2019 $2,304 $230,415 $0 $0
2018 $2,254 $226,119 $0 $0
2017 $2,215 $221,468 $0 $0
2016 $2,150 $216,913 $0 $0
2015 $2,165 $215,405 $0 $0
2014 $2,163 $163,695 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Douglas and Rose Milano

    INACTIVE AGENT ACCT

    Section Image

  • L

    Seller Co-Listing Agent in 2024

    Lily Mejia

    Arbor Trace Realty

    (239) 219-2739

    28 in this area

    28 Total Sales

    Lily Mejia
    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 223090289

Naples Area Board of REALTORS®

APN: 22350003405

Florida Collier County Naples 34110 Coastal North Naples

503 Arbor Lake Dr Unit 5-102, Naples, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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