NOT LISTED FOR SALE

600 Neapolitan Way Unit 243 Naples, FL 34103

Park Shore Neighborhood

Estimated Value: $475,928 - $626,000

2 Beds
2 Baths
864 Sq Ft
$1,650/mo HOA Fee

Last Sold October 30, 2024

Last sale price $575,000 $666 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,904/month

131 Days on Market

Highlights

  • Contemporary Architecture
  • Tennis Courts
  • Elevator
  • Sea Gate Elementary School Rated A
  • Exercise Course
  • Eat-In Kitchen

About This Home

As of October 2024

This property has a proven track record of success on Airbnb and VRBO making it a fantastic investment opportunity with the identical property having a net income of over $99,000 each year making this a thriving business. Professionally remodeled 2/2 in the beautiful Park Shores community in Naples. Park Shores is one of the few developments that allows daily rentals making this a desirable unit in the short term vacation rental market. Rent it on your own and keep all income generated or have the development rent it for you in their program. Either way there is no penalty for renting it yourself. Also enjoy the benefit of a FIVE minute walk to the beach. Future bookings in place for 2025

Last Agent to Sell the Property

Pedrin Valbuena

Pedrin of Miami Realty Inc License #NAPLES-271000700 Listed on: 05/15/2024

Last Buyer's Agent

Pedrin Valbuena

Pedrin of Miami Realty Inc License #NAPLES-271000700 Listed on: 05/15/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,926

Year Built

  • Built in 1982

Lot Details

  • South Facing Home

HOA Fees

  • $1,650 Monthly HOA Fees

Parking

  • Deeded Parking

Home Design

  • Condo Hotel
  • Mid Level
  • Contemporary Architecture
  • Turnkey
  • Concrete Block With Brick
  • Metal Roof
  • Stucco

Interior Spaces

  • 864 Sq Ft Home
  • 4-Story Property
  • 3 Ceiling Fans
  • Ceiling Fan
  • Single Hung Windows
  • Combination Dining and Living Room
  • Vinyl Flooring

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Patio
  • Outdoor Grill

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 15904080001
  • $3 Seller Concession

Community Details

Overview

  • 16 Units
  • Park Shore Resort Condos
  • Park Shore Community

Amenities

  • Community Barbecue Grill
  • Laundry Facilities
  • Elevator

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Volleyball Courts
  • Pickleball Courts
  • Racquetball
  • Exercise Course

Pet Policy

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

Security

  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,926

Year Built

Built in 1982

Lot Details

0

HOA Fees

$1,650 per month

Listing Details

  • Legal Description: PARK SHORE RESORT CONDOMINIUM APT 243
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.201687$-81.803707$329.02$13.33$1.00$CAoSLEFGMVFpcE04TEpDUFB5ZXY1VUdxVmxFVGhvNGo0MXA1aWN1dmZqSUtRWHlf
  • Building Design: Mid Rise (4-7)
  • Building Description: Contemporary
  • Storm Protection: Impact Resistant Doors
  • Year Built: 1982
  • Property Information: This property has a proven track record of success on Airbnb and VRBO making it a fantastic investment opportunity with the identical property having a net income of over $99,000 each year making this a thriving business. Professionally remodeled 2/2 in the beautiful Park Shores community in Naples. Park Shores is one of the few developments that allows daily rentals making this a desirable unit in the short term vacation rental market. Rent it on your own and keep all income generated or have the development rent it for you in their program. Either way there is no penalty for renting it yourself. Also enjoy the benefit of a FIVE minute walk to the beach. Future bookings in place for 2025
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Furnished Description: Turnkey
  • Numberof Ceiling Fans: 3
  • Num Unit Floor: 2
  • Price Per Sq Ft: 665.51
  • Total Floors: 4
  • Additional Rooms: None
  • Estimated Living Area: 864
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: Split Bedrooms
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Living Dining, Eat-in Kitchen
  • Elevator: Common
  • Equipment: Dishwasher, Dryer, Microwave, Range, Self Cleaning Oven, Smoke Detector, Washer
  • Flooring: Vinyl
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Internet Available
  • Kitchen: Pantry
  • Primary Bathroom: Tub Only
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Metal
  • Construction: Concrete Block
  • View: Lagoon
  • Exterior Features: Grill, Patio
  • Exterior Finish: Stucco

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Sewer: Assessment Paid
  • Water: Assessment Paid

Condo/Co-op/Association

  • Management Company Phone: 8447835290
  • Approval: Application Fee
  • Management: Condo
  • Mandatory HOA: Yes
  • Restrictions: Deeded
  • Sub Condo Name: PARK SHORE RESORT
  • Maintenance: Cable, Insurance, Internet/WiFi Access, Security, Sewer, Trash Removal, Water
  • Master Hoa Fee: 1649.66
  • Master HOA Fee Frequency: Monthly
  • Development Name: PARK SHORE

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 1
  • Pets Limit Max Weight: 25
  • Development: Park Shore
  • Amenities: Basketball, BBQ - Picnic, Common Laundry, Exercise Room, Internet Access, Pickleball, Racquet Ball, Tennis Court, Volleyball
  • Community Type: Condo/Hotel
  • Units In Building: 16
  • Total Number of Units: 157

Lot Info

  • Builder Product: No
  • Lot Unit: 243
  • Section: 16
  • Total Area: 989
  • Waterfront: No
  • Rear Exposure: South
  • Lot Description: Other
  • Parcel Number: 15904080001

Rental Info

  • Lease Limits: No
  • Leases Per Year: 365
  • Min Days Of Lease: 1

Tax Info

  • Tax Description: No Homestead
  • Taxes: 2926.38
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Oct 29, 2024
Sold by
Valbuena Managing Partners Llc
Bought by
Fairmount Capital Partners Llc
Seller's Agent
Pedrin Valbuena
Pedrin of Miami Realty Inc
Buyer's Agent
Pedrin Valbuena
Pedrin of Miami Realty Inc
List Price
$585,900
Sold Price
$575,000
Premium/Discount to List
-$10,900
-1.86%
Views
10
Current Estimated Value
$544,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,018
Avg. Annual Appreciation
-7.69%

Purchase Details

Listed on
Nov 17, 2023
Closed on
Jan 3, 2024
Sold by
Dwyer Nicole
Bought by
Valbuena Managing Partners Llc
Seller's Agent
Isabelle Wells
John R. Wood Properties
Buyer's Agent
Non-listing FGC MLS Non-Listing agent
FGC Non-MLS Office
List Price
$409,000
Sold Price
$360,000
Premium/Discount to List
-$49,000
-11.98%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.01%

Purchase Details

Closed on
May 18, 2022
Sold by
Dwyer and Dustin
Bought by
Dwyer Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 8, 2021
Closed on
Nov 12, 2021
Sold by
Arnot Stan J and Bednarczyk Barbara
Bought by
Dwyer Nicole and Dwyer Dustin
Seller's Agent
Michael Ricci
Buyer's Agent
Josh Emberg
Premiere Plus Realty Company
List Price
$365,000
Sold Price
$365,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.64%
Original Mortgage
$206,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 25, 2018
Closed on
Dec 18, 2018
Sold by
Newton Business Soluctions Llc
Bought by
Amot Stan J and Bednarczyk Barbara
Seller's Agent
Courtney Smith
Smith Real Estate Group LLC
Buyer's Agent
Michael Ricci
List Price
$215,000
Sold Price
$207,500
Premium/Discount to List
-$7,500
-3.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.50%

Purchase Details

Listed on
Feb 1, 2016
Closed on
Mar 15, 2016
Sold by
Folkerds James and Folkerds Sharon L
Bought by
Newton Business Solutions Llc
Seller's Agent
Mike Folkerds
Josephs Premier Real Estate
Buyer's Agent
Mike Folkerds
Josephs Premier Real Estate
List Price
$209,000
Sold Price
$190,000
Premium/Discount to List
-$19,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.26%

Purchase Details

Closed on
Mar 24, 2011
Sold by
Worden Frances L
Bought by
Folkerds Sharon L

Purchase Details

Closed on
Dec 8, 2005
Sold by
Worden Donald A and Worden Frances L
Bought by
Donald A Worden Trust
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
Fairmount Capital Partners Llc $575,000 None Listed On Document
Valbuena Managing Partners Llc $360,000 None Listed On Document
Dwyer Nicole -- New Title Company Name
Dwyer Nicole $365,000 Attorney
Amot Stan J $207,500 Fidelity Natl Title Of Flori
Newton Business Solutions Llc $190,000 Attorney
Folkerds Sharon L -- Attorney
Donald A Worden Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dwyer Nicole $230,000
Previous Owner Dwyer Dustin B $206,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2024 10/30/24 Sold $575,000 -4.2% $666 / Sq Ft
09/23/2024 09/23/24 Pending -- -- --
09/16/2024 09/16/24 Price Changed $599,900 +2.4% $694 / Sq Ft
05/15/2024 05/15/24 For Sale $585,900 +62.8% $678 / Sq Ft
01/03/2024 01/03/24 Sold $360,000 -8.6% $417 / Sq Ft
01/03/2024 01/03/24 Pending -- -- --
12/13/2023 12/13/23 Price Changed $394,000 -3.7% $456 / Sq Ft
11/17/2023 11/17/23 For Sale $409,000 +12.1% $473 / Sq Ft
11/12/2021 11/12/21 Sold $365,000 0.0% $422 / Sq Ft
09/14/2021 09/14/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $365,000 +75.9% $422 / Sq Ft
12/18/2018 12/18/18 Sold $207,500 -3.5% $240 / Sq Ft
12/06/2018 12/06/18 Pending -- -- --
10/25/2018 10/25/18 For Sale $215,000 +13.2% $249 / Sq Ft
03/18/2016 03/18/16 Sold $190,000 -4.5% $220 / Sq Ft
02/28/2016 02/28/16 Pending -- -- --
02/19/2016 02/19/16 Price Changed $199,000 -4.8% $230 / Sq Ft
02/01/2016 02/01/16 For Sale $209,000 -- $242 / 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
2023 $2,926 $301,464 $0 $0
2022 $2,687 $274,058 $0 $274,058
2021 $2,125 $207,040 $0 $207,040
2020 $2,014 $198,400 $0 $198,400
2019 $1,948 $189,760 $0 $189,760
2018 $1,855 $181,120 $0 $181,120
2017 $1,777 $172,480 $0 $172,480
2016 $1,580 $145,761 $0 $0
2015 $1,439 $132,510 $0 $0
2014 $1,297 $120,464 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 224043404

Naples Area Board of REALTORS®

APN: 15904080001