NOT LISTED FOR SALE

Cap Ferrat 6597 Nicholas Blvd Unit 706 Naples, FL 34108

Pelican Bay Neighborhood

Estimated Value: $3,173,000 - $3,569,000

3 Beds
3 Baths
3,570 Sq Ft
$98/mo HOA Fee

Last Sold May 18, 2018

Last sale price $2,835,000 $794 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $22,319/month

279 Days on Market

Highlights

  • Furnished
  • Central Heating and Cooling System
  • High-Rise Condominium
  • Sea Gate Elementary School Rated A
  • Ceiling Fan

About This Home

As of May 2018

C.13688 - Wide views of gulf, from this Luxurious residence. Exceptional quality in finishes. Custom millwork, built-ins, Venetian plaster in living areas in this Sophisticated home. Two balconies with electric screens, Natural gas in the well planned kitchen. Private elevator to your lobby. Cap Ferrat is a Masterpiece of design, 24/7 reception, resort style pool, Har-tru tennis, fitness, billards, library, card and media room. You are steps away from tram to two private beach clubs with indoor/outdoor dining.
Pelican Bay offers, shopping, fine dining, and Artis Naples. Come and enjoy this wonderful lifestyle.

Last Agent to Sell the Property

Gil Clark

John R Wood Properties License #NAPLES-249513969 Listed on: 05/19/2017

John R Wood Properties

Co-Listed By

Donna Clark

John R Wood Properties License #NAPLES-249513970

Last Buyer's Agent

Derek Anderson

Realty One Group MVP License #NAPLES-249520094

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $29,190

Year Built

  • 2002

HOA Fees

  • $98 per month

Parking

  • 2

Home Design

  • Flat Roof Shape

Interior Spaces

  • 3,570 Sq Ft Home
  • Furnished
  • Furnished or left unfurnished upon request
  • Ceiling Fan

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • $6,000 Secondary HOA Transfer Fee
  • High-Rise Condominium
  • Cap Ferrat Condos
  • 22-Story Property

Pet Policy

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$29,190

Year Built

2002

Lot Details

0

HOA Fees

$98 per month

Parking

2

Listing Details

  • Legal Description: CAP FERRAT A CONDOMINIUM UNIT 706
  • Building Design: High Rise (8+)
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2002

Interior Features

  • Additional Rooms: Family Room, Laundry in Residence, Open Porch/Lanai, Screened Lanai/Porch
  • Bedroom Description: Split Bedrooms
  • Bedrooms and Dens: 3+Den
  • Dining Room: Living Dining, Eat-in Kitchen
  • Elevator: Private
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Icemaker, Reverse Osmosis, Smoke Detector, Wall Oven, Washer
  • Floor Plan: Split Bedrooms
  • Flooring: Marble
  • Interior Amenities: Built-In Cabinets, Fire Sprinkler, Foyer, High Speed Available, Laundry Tub, Smoke Detectors, Walk-In Closet
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Room Count: 8
  • Furnished Description: Furnished
  • Num Unit Floor: 7
  • Price Per Sq Ft: 929.51
  • Total Floors: 22

Exterior Features

  • Construction: Concrete Block
  • Exterior Features: Tennis Court
  • Exterior Finish: Stucco
  • Road: County Maintained, Paved Road
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows, Electric Shutters
  • Roof: Built-Up Or Flat

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: 2 Assigned, Under Bldg Closed

Utilities

  • Sewer: Central
  • Water: Central
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric

Condo/Co-op/Association

  • Amenities: Bike And Jog Path, Bike Storage, Billiards, Exercise Room, Fitness Center Attended, Private Beach Pavilion, Tennis Court
  • Community Type: Gated, Golf Course, Tennis
  • Maintenance: Cable, Insurance, Lawn/Land Maintenance, Manager, Security
  • Approval: Application Fee
  • Management: Professional
  • Sub Condo Name: CAP FERRAT

Association/Amenities

  • Units in Building: 111
  • Total Number of Units: 111
  • Pets: Limits
  • Pets Limit Max Number: 2
  • Pets Limit Max Weight: 25
  • Development: Pelican Bay

Fee Information

  • Condo Fees: 4022
  • Condo Fee Frequency: Quarterly
  • HOA Fees: 295
  • HOA Fee Frequency: Quarterly
  • Master HOA Fee: 2384
  • Master HOA Fee Frequency: Annually
  • Transfer Fees: 6000.00
  • Application Fee: 150.00

Schools

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

Lot Info

  • Rear Exposure: West
  • View: City, Gulf, Mangroves
  • Lot Unit: 706
  • Section: 4
  • Total Area: 3570

Rental Info

  • Leases Per Year: 3
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: County Only, No Homestead
  • Tax District Type: Municipal Service Tax Developmen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2024
Sold by
Melink Stephen K and Melink Mary F
Bought by
Melink Family Revocable Trust and Melink
Current Estimated Value
$3,659,938

Purchase Details

Listed on
May 19, 2017
Closed on
May 18, 2018
Sold by
Florida Cf706 Partner Llc
Bought by
Melink Stephen K and Melink Mary F
Seller's Agent
Gil Clark
John R Wood Properties
Buyer's Agent
Derek Anderson
Realty One Group MVP
List Price
$3,100,000
Sold Price
$2,835,000
Premium/Discount to List
-$265,000
-8.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.50%

Purchase Details

Listed on
Oct 1, 2015
Closed on
Mar 2, 2016
Sold by
Morse John B and Morse Emily R
Bought by
Cf706 Partner Llc
Seller's Agent
Rose Mary Everett
Buyer's Agent
Gil Clark
John R Wood Properties
List Price
$2,950,000
Sold Price
$2,825,000
Premium/Discount to List
-$125,000
-4.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.16%

Purchase Details

Closed on
Mar 8, 2005
Sold by
Gulf Bay Land Holdings Inc
Bought by
Morse John B and Morse Emily R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage
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
Melink Family Revocable Trust -- None Listed On Document
Melink Stephen K $2,835,000 Attorney
Cf706 Partner Llc $2,825,000 Attorney
Morse John B $1,895,000 First Title & Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Melink Stephen K $2,000,000
Previous Owner Melink Stephen K $2,000,000
Previous Owner Morse John B $650,000
Closed Morse John B $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2018 05/18/18 Sold $2,835,000 -5.3% $794 / Sq Ft
02/22/2018 02/22/18 Pending -- -- --
01/20/2018 01/20/18 Price Changed $2,995,000 -3.4% $839 / Sq Ft
09/28/2017 09/28/17 For Sale $3,100,000 +9.3% $868 / Sq Ft
09/20/2017 09/20/17 Off Market $2,835,000 -- --
05/19/2017 05/19/17 For Sale $3,100,000 +9.7% $868 / Sq Ft
03/02/2016 03/02/16 Sold $2,825,000 -4.2% $926 / Sq Ft
02/23/2016 02/23/16 Pending -- -- --
10/01/2015 10/01/15 For Sale $2,950,000 -- $967 / 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 $29,190 $2,963,139 -- --
2023 $29,190 $2,693,763 $0 $0
2022 $28,130 $2,448,875 $0 $0
2021 $25,297 $2,226,250 $0 $2,226,250
2020 $24,681 $2,195,750 $0 $2,195,750
2019 $24,807 $2,190,750 $0 $2,190,750
2018 $25,020 $2,190,750 $0 $2,190,750
2017 $23,336 $2,053,500 $0 $2,053,500
2016 $23,091 $2,038,250 $0 $0
2015 $17,019 $1,510,801 $0 $0
2014 $16,989 $1,448,811 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 217034986

Naples Area Board of REALTORS®

APN: 25334000625