$1,599,000
$701K PRICE DROP

505 Tierra Mar Ln W Unit 48 Naples, FL 34108

Pelican Bay Neighborhood

Estimated payment $10,002/month

Total Views 5,049
3 Beds
2.5 Baths
2,281 Sq Ft
$701 Price per Sq Ft

Highlights

  • Community Beach Access
  • Golf Course Community
  • Atrium Room
  • Sea Gate Elementary School Rated A
  • Solar Heated In Ground Pool
  • Vaulted Ceiling

About This Home

Prime location in Pelican Bay in Naples. Tierra Mar was the first subdivision built in one of the desirable developments in the country. The only coastal community in the U.S. to offer private access to the white sandy beaches of Collier County. Now enjoy world-class Artis-Naples, Broadway shows, philharmonic symphonies, fine dining and ultimate shopping experience at Waterside Shops, both minutes from your charming three-bedroom plus den home featuring 2,281 square feet of quality living. Volume ceilings to the central atrium send sunshine creating warmth throughout this delightful villa. Flow from the dining and living rooms out the French doors to the sparkling pool and chef's grilling areas. Entertain surrounded by lush landscaping of exotic flowers while enjoying the famous sunsets of Naples. The sunny beaches, beachfront restaurants, berms and boardwalks, state-of-the-art fitness and opportunities for private golfing make this lifestyle one of the best places to live. Home warranty included. Immediate occupancy.

Listing Agent

Ryan Batey

Premier Sotheby's Int'l Realty License #251502588 Listed on: 09/25/2024

Premier Sotheby's Int'l Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,452

Year Built

  • Built in 1980

Lot Details

  • East Facing Home
  • Privacy Fence

HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Assigned Parking

Home Design

  • Spanish Architecture
  • Villa
  • Property Attached
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,281 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Partially Furnished
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Electric Shutters
  • Single Hung Windows
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Atrium Room
  • Screened Porch
  • Tile Flooring
  • Pool Views
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Area or Nook
  • Built-In Self-Cleaning Double Oven
  • Electric Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Burglar Security System
  • Intercom
  • Fire and Smoke Detector

Pool

  • Solar Heated In Ground Pool
  • Screen Enclosure
  • Pool Equipment or Cover

Outdoor Features

  • Screened Patio
  • Outdoor Storage
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 66272200009

Community Details

Overview

  • Association fees include management, cable TV, insurance, internet, irrigation water, legal/accounting, ground maintenance, pest control, reserve fund, street lights
  • 46 Units
  • Association Phone (239) 596-5567
  • Tierra Mar Subdivision

Amenities

  • Community Storage Space

Recreation

  • Community Beach Access
  • Golf Course Community
  • Tennis Courts
  • Trails

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,452

Year Built

Built in 1980

Lot Details

0

HOA Fees

$691 per month

Parking

2

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Ownership: Single Family
  • Subdivision Name: TIERRA MAR
  • Directions: From 41, turn on Pelican Bay Blvd, just past Artis Naples and Waterside shops turn left into Tierra Mar, bear right, second villa on right, flag in the yard.
  • Architectural Style: Other, Ranch, One Story, Spanish
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Year Built: 1980
  • Property Sub Type Additional: Attached,Villa
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Partially
  • Private Spa: No
  • Appliances: Built-In Oven, Double Oven, Dryer, Dishwasher, Electric Cooktop, Disposal, Ice Maker, Microwave, Refrigerator, RefrigeratorWithIce Maker, Self Cleaning Oven, Washer
  • Other Equipment: Intercom
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Tile
  • Interior Amenities: Attic, Wet Bar, Built-in Features, Breakfast Area, Bathtub, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, French Door(s)/Atrium Door(s), Fireplace, Kitchen Island, Main Level Primary, Pantry, Pull Down Attic Stairs, Separate Shower, Cable TV, Vaulted Ceiling(s), Bar, Walk-In Closet(s), Window Treatments, Atrium
  • Living Area: 2281.0
  • Dining Room Type: Atrium, Bathroom, Den, Family Room, Screened Porch
  • Stories: 1
  • Window Features: Single Hung, Window Coverings

Exterior Features

  • Pool Features: Heated, In Ground, Pool Equipment, Screen Enclosure, Solar Heat
  • Pool Private: Yes
  • View: Landscaped, Pool
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Owner Has Flood Insurance, Seller Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Exterior Features: Outdoor Grill, Patio, Storage, Shutters Electric, Gas Grill, Privacy Wall
  • Patio And Porch Features: Lanai, Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Attached, Covered, Driveway, Garage, Paved, Two Spaces, Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside, Laundry Tub
  • Security: Burglar Alarm (Monitored), Security System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Non-Gated, Tennis Court(s), Street Lights
  • Senior Community: No
  • Amenities: Beach Rights, Beach Access, Storage, Tennis Court(s), Trail(s), Management
  • Association #2 Fee: 1403.0
  • Association #2 Fee Frequency: Quarterly
  • Association Fee: 2675.0
  • Association Fee Frequency: Annually
  • Phone: (239) 596-5567
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Internet, Irrigation Water, Legal/Accounting, Maintenance Grounds, Pest Control, Reserve Fund, Street Lights

Lot Info

  • Parcel #: 66272200009

Multi Family

  • Number Of Units In Community: 46

Tax Info

  • Tax Annual Amount: 5451.54
  • Tax Lot: 48
  • Tax Year: 2023

Map

Range of Values:

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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
2023 $5,452 $470,307 $0 $0
2022 $5,505 $456,609 $0 $0
2021 $5,476 $443,310 $0 $0
2020 $5,325 $437,189 $0 $0
2019 $5,248 $427,360 $0 $0
2018 $5,403 $419,392 $0 $0
2017 $4,973 $410,766 $0 $0
2016 $4,802 $402,317 $0 $0
2015 $4,752 $399,520 $0 $0
2014 $4,675 $346,349 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 Price Changed $1,599,000 -8.6% $701 / Sq Ft
04/02/2025 04/02/25 Price Changed $1,750,000 -12.3% $767 / Sq Ft
02/20/2025 02/20/25 Price Changed $1,995,000 -10.3% $875 / Sq Ft
01/16/2025 01/16/25 Price Changed $2,225,000 -3.3% $975 / Sq Ft
09/25/2024 09/25/24 For Sale $2,300,000 -- $1,008 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed $377,500 --
Source: Public Records

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Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 224076033

Florida Gulf Coast Multiple Listing Service

APN: 66272200009