NOT LISTED FOR SALE

527 Serendipity Dr Unit 527 Naples, FL 34108

Pelican Bay Neighborhood

Estimated Value: $688,549

2 Beds
2 Baths
1,443 Sq Ft
$1,420/mo HOA Fee

Last Sold October 20, 2023

Last sale price $720,000 $499 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,657/month

194 Days on Market

Highlights

  • Community Beach Access
  • Golf Course Community
  • Lagoon View
  • Sea Gate Elementary School Rated A
  • Home fronts a lagoon or estuary
  • Private Membership Available

About This Home

As of October 2023

Enjoy the Pelican Bay lifestyle from this elegant second-floor, two-bedroom, two-bath home with fireplace. The east-facing screened lanai overlooks a peaceful lagoon and fountain. Assigned covered parking with storage above and ample guest parking. Serendipity has two pools and spas with a beautiful clubhouse and a screened "pool porch" with a summer kitchen. Stroll to the beach or take the tram to enjoy three miles of Gulf sugar-sand beaches and unsurpassed sunsets. Kayaks, canoes and sunfish are there for the asking or just enjoy the private beach clubs. The spacious community center offers state-of-the art fitness center and wellness studio, computer lounge, art classes, exercise classes, tennis courts, pro shop and much more. Walk to the upscale Waterside Shops, Baker Museum and Artis-Naples, fine dining with Venetian Village just around the corner. Come for the lifestyle, stay for the friends!

Last Agent to Sell the Property

Tricia Ale

Premier Sotheby's Int'l Realty Listed on: 03/03/2023

Premier Sotheby's Int'l Realty

Last Buyer's Agent

Mimi Markel

Premier Sotheby's Int'l Realty

Premier Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,869

Year Built

  • Built in 1985

Lot Details

  • Home fronts a lagoon or estuary
  • Property fronts a private road
  • East Facing Home

HOA Fees

Home Design

  • Florida Architecture
  • Garden Apartment
  • Entry on the 2nd floor
  • Concrete Block With Brick
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,443 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Furnished or left unfurnished upon request
  • Single Hung Windows
  • Great Room
  • Combination Dining and Living Room
  • Screened Porch
  • Wood Flooring
  • Lagoon Views

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Built-In Bedroom Cabinets
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Washer

Home Security

Parking

  • 1 Parking Garage Space
  • 1 Detached Carport Space
  • Paved Parking
  • Guest Parking
  • Deeded Parking

Schools

  • Sea Gate Elementary School
  • Pine Ridge Middle School
  • Barron Collier High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 73230520002

Community Details

Overview

  • $10,000 Secondary HOA Transfer Fee
  • 8 Units
  • Private Membership Available
  • Low-Rise Condominium
  • Serendipity Condos
  • Pelican Bay Community
  • Mandatory home owners association

Amenities

  • Community Barbecue Grill
  • Restaurant

Recreation

  • Community Beach Access
  • Private Beach Pavilion
  • Golf Course Community
  • Beach Club Membership Available
  • Tennis Courts
  • Community Pool
  • Park
  • Bike Trail

Pet Policy

  • Pets up to 20 lbs
  • Call for details about the types of pets allowed
  • 1 Pet Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,869

Year Built

Built in 1985

Lot Details

0

HOA Fees

$1,420 per month

Listing Details

  • Legal Description: SERENDIPITY AT PELICAN BAY A CONDOMINIUM UNIT 527
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.214078$-81.80973$125.69$13.33$1.00$WA2PElUV-GTh3kHeInHaag
  • Building Design: Low Rise (1-3)
  • Building Description: Florida, Garden Apt
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Furnished
  • Num Unit Floor: 2
  • Price Per Sq Ft: 498.96
  • Total Floors: 1
  • Additional Rooms: Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 1443
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Living Dining, Eat-in Kitchen
  • Equipment: Cooktop - Electric, Dishwasher, Disposal, Microwave, Range, Refrigerator, Smoke Detector, Washer
  • Flooring: Wood
  • Floor Plan: Great Room
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Closet Cabinets, Internet Available, Smoke Detectors, Walk-In Closet
  • Primary Bathroom: Shower Only
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Metal
  • Construction: Concrete Block
  • Irrigation: Reclaimed
  • Road: Paved Road
  • View: Lagoon
  • Exterior Features: Private Road
  • Exterior Finish: Stucco
  • Waterfront Type: Lagoon

Garage/Parking

  • Carport Description: Detached
  • Carport Spaces: 1
  • Parking: 1 Assigned, Driveway Paved, Guest

Utilities

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

Condo/Co-op/Association

  • Approval: Application Fee, Buyer
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Architectural, Deeded
  • Sub Condo Name: SERENDIPITY
  • Condo Fees: 3588
  • Condo Fee Frequency: Quarterly
  • Maintenance: Cable, Irrigation Water, Lawn/Land Maintenance, Manager, Pest Control Exterior, Reserve, Street Lights, Trash Removal, Water
  • Master Hoa Fee: 2684
  • Master HOA Fee Frequency: Annually
  • Development Name: PELICAN BAY

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 1
  • Pets Limit Max Weight: 20
  • Development: Pelican Bay
  • Amenities: BBQ - Picnic, Beach Access, Beach Club Available, Bike And Jog Path, Community Park, Community Pool, Internet Access, Private Beach Pavilion, Private Membership, Restaurant, Sidewalk, Streetlight, Tennis Court
  • Community Type: Golf Course, Non-Gated
  • Units In Building: 8
  • Total Number of Units: 66

Fee Information

  • Transfer Fees: 10000.00
  • Application Fee: 100.00

Schools

  • Elementary School: Sea Gate Elementary
  • High School: Barron Collier High School
  • Middle School: Pine Ridge Middle School

Lot Info

  • Builder Product: No
  • Section: 9
  • Total Area: 1443
  • Waterfront: Yes
  • Rear Exposure: East
  • Lot Description: Zero Lot Line
  • Parcel Number: 73230520002

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 2
  • Min Days Of Lease: 60

Tax Info

  • Tax Description: County Only
  • Tax District Type: Municipal Service Tax Unit
  • Taxes: 5868.52
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2023
Closed on
Oct 20, 2023
Sold by
Sheehan Nancy J Drew
Bought by
Reaney Erin Mcfadden and Kettle Ellen
Seller's Agent
Tricia Ale
Premier Sotheby's Int'l Realty
Buyer's Agent
Mimi Markel
Premier Sotheby's Int'l Realty
List Price
$875,000
Sold Price
$720,000
Premium/Discount to List
-$155,000
-17.71%
Views
127
Current Estimated Value
$688,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,451
Avg. Annual Appreciation
-2.03%
Original Mortgage
$540,000
Outstanding Balance
$529,419
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$159,130

Purchase Details

Closed on
May 1, 2015
Bought by
Sheehan Nancy J Drew

Purchase Details

Closed on
Jun 6, 2003
Sold by
Powell Richard F and Powell Gayle M
Bought by
Drew Sheehan Nancy J

Purchase Details

Closed on
Jun 28, 1993
Sold by
Goldberg Robert H
Bought by
Powell Richard F and Powell Gayle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
7.52%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reaney Erin Mcfadden $720,000 Lutgert Title
Sheehan Nancy J Drew $100 --
Drew Sheehan Nancy J $303,000 --
Powell Richard F $139,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reaney Erin Mcfadden $540,000
Previous Owner Powell Richard F $111,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2023 10/20/23 Sold $720,000 -9.9% $499 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
05/03/2023 05/03/23 Price Changed $799,000 -6.0% $554 / Sq Ft
03/24/2023 03/24/23 Price Changed $850,000 -2.9% $589 / Sq Ft
03/03/2023 03/03/23 For Sale $875,000 -- $606 / 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 $7,681 $608,075 -- $608,075
2024 $6,537 $665,925 -- $665,925
2023 $6,537 $445,093 $0 $0
2022 $5,869 $404,630 $0 $0
2021 $5,074 $367,845 $0 $367,845
2020 $4,989 $367,845 $0 $367,845
2019 $3,783 $293,896 $0 $0
2018 $3,967 $288,416 $0 $0
2017 $3,556 $282,484 $0 $0
2016 $3,415 $276,674 $0 $0
2015 $3,353 $274,751 $0 $0
2014 $3,272 $222,570 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 223016938

Naples Area Board of REALTORS®

APN: 73230520002