RENTED APR 14, 2025

Estimated Value: $6,285,000 - $9,017,596

6 Beds
7.5 Baths
7,500 Sq Ft
$1,059/Sq Ft Est. Value

Last Sold July 10, 2014

Last sale price $5,250,000 $700 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $46,521/month

Highlights

  • Community Beach Access
  • Lake Front
  • Heated Pool and Spa
  • Sea Gate Elementary School Rated A
  • Fitness Center
  • Gated Community

About This Home

As of April 2025

This exquisite estate home in Bay Colony Shores encompasses 6 bedrooms, 7 bathrooms, a game room and study, the epitome of luxurious living. Upon entry, be captivated by the resort-style pool and spa, complemented by expansive covered courtyard spaces, bar area and guest cabana. The interior is adorned with upscale finishes, highlighted by walnut flooring, fireplace, vaulted ceilings and grand piano. The gourmet kitchen boasts custom white cabinets, Miele appliances, gas range, spacious island, quartzite countertops, temp-controlled wine room and abundant natural light. The primary suite boasts a king bed, while the primary bathroom serves as a tranquil retreat with a large tub, walk-in shower and dual vanity. Ascend the winding staircase to discover four ensuite bedrooms, ideal for family or guests. The outdoor living space features an expansive lake view, dining area, gazebo and firepit. The Bay Colony Beach Club offers an array of fine dining experiences, from casual to elegant, along with outdoor amenities like a private beach, swimming pool, fitness center, Sunset Terrace and Chickee bar. Live exceptionally in Pelican Bay!

Last Agent to Rent the Property

Sarah Wayne

Gulf Coast International Lux R License #249523577 Listed on: 01/29/2025

Last Renter's Agent

Michelle Lauzier

Douglas Elliman Florida,LLC License #249520850

Douglas Elliman Florida,LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1992

Lot Details

  • 0.7 Acre Lot
  • Lake Front
  • Northeast Facing Home
  • Sprinkler System
  • Fruit Trees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Courtyard Style Home

Interior Spaces

  • 7,500 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Custom Mirrors
  • Central Vacuum
  • Furnished
  • Wired For Sound
  • Built-In Features
  • Bar
  • Coffered Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Window Treatments
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Home Office
  • Screened Porch
  • Lake Views

Kitchen

  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Maid or Guest Quarters

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Heated Pool and Spa
  • Concrete Pool
  • Heated In Ground Pool
  • Heated Spa
  • Above Ground Spa
  • Gunite Spa
  • Outside Bathroom Access

Outdoor Features

  • Pond
  • Balcony
  • Courtyard
  • Screened Patio
  • Outdoor Water Feature
  • Outdoor Kitchen
  • Lanai
  • Fire Pit
  • Outdoor Gas Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $40,000
  • Tenant pays for application fee, cable TV, departure cleaning, electricity, gas, internet, pet deposit, pool maintenance, security, sewer, trash collection, water
  • The owner pays for grounds care, pest control
  • Long Term Lease
  • Tax Lot 10
  • Assessor Parcel Number 66674375707

Community Details

Overview

  • Private Membership Available
  • Bay Colony Shores Subdivision

Amenities

  • Shops
  • Restaurant
  • Billiard Room

Recreation

  • Community Beach Access
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Park
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1992

Lot Details

0

Parking

3

Rental Info

  • Lease Term: Long Term
  • Tenant Pays: Application Fee, Cable TV, Departure Cleaning, Electricity, Gas, Internet, Pet Deposit, Pool Maintenance, Security, Sewer, Trash Collection, Water
  • Security Deposit: 40000.0
  • Pet Deposit: 1000.0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.7
  • Subdivision Name: BAY COLONY SHORES
  • Architectural Style: Courtyard, Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1992
  • Property Sub Type Additional: Single Family Residence
  • Pets No Pets Comments: ,,,
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Spa Features: Above Ground, Electric Heat, Gunite
  • Private Spa: Yes
  • Appliances: Double Oven, Dryer, Dishwasher, Freezer, Gas Cooktop, Disposal, Microwave, Oven, Refrigerator, Self Cleaning Oven, Wine Cooler, Washer
  • Owner Pays: Grounds Care, Pest Control
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Wood
  • Interior Amenities: Wet Bar, Built-in Features, Closet Cabinetry, Cathedral Ceiling(s), Coffered Ceiling(s), Entrance Foyer, French Door(s)/Atrium Door(s), Fireplace, Custom Mirrors, Pantry, Cable TV, Vaulted Ceiling(s), Bar, Walk-In Closet(s), Wired for Sound, Window Treatments, Central Vacuum, High Speed Internet, Home Office, Instant Hot Water, Split Bedrooms
  • Living Area: 7500.0
  • Dining Room Type: Bathroom, Den, Family Room, Guest Quarters, Screened Porch, Great Room
  • Stories: 2
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Pond on Lot, Sprinklers Automatic
  • Pool Features: Concrete, Electric Heat, Heated, In Ground, Community, Outside Bath Access, Pool/Spa Combo
  • Pool Private: Yes
  • View: Landscaped, Lake
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Disclosures: RV Restriction(s)
  • Direction Faces: Northeast
  • Exterior Features: Courtyard, Fire Pit, Fruit Trees, Sprinkler/Irrigation, Outdoor Grill, Outdoor Kitchen, Patio, Water Feature, Gas Grill
  • Patio And Porch Features: Balcony, Lanai, Open, Patio, Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage, Guest, Paved, Two Spaces, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated, Shopping, Street Lights
  • Senior Community: No
  • Amenities: Beach Rights, Beach Access, Billiard Room, Fitness Center, Park, Private Membership, Pool, Restaurant, Sidewalks, Tennis Court(s), Trail(s)
  • Pets Allowed: Call, Conditional

Lot Info

  • Parcel #: 66674375707
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2013
Closed on
Jul 10, 2014
Sold by
Shaffer Oren G and Shaffer Evelyne
Bought by
Ghoussaini Nick
Seller's Agent
Timothy Savage
Gulf Coast International Prop
Buyer's Agent
Diane Solomon
Premier Sotheby's Int'l Realty
List Price
$5,885,000
Sold Price
$5,250,000
Premium/Discount to List
-$635,000
-10.79%
Current Estimated Value
$7,945,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,695,865
Avg. Annual Appreciation
3.63%

Purchase Details

Closed on
Dec 27, 2012
Sold by
Shaffer Evelyn
Bought by
Shaffer Oren G

Purchase Details

Closed on
Dec 26, 2012
Sold by
Shaffer Oren G
Bought by
Shaffer Evelyne

Purchase Details

Closed on
Jun 1, 2000
Sold by
Meehan Thomas L and Meehan Aija I
Bought by
Shaffer Oren G and Shaffer Evelyne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
8.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 1994
Sold by
Lee Terry Hamilton and Lee Mary Parker
Bought by
Lee Terry Hamilton
Source: Public Records
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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
Ghoussaini Nick $5,250,000 None Available
Shaffer Oren G -- Attorney
Shaffer Evelyne -- Attorney
Shaffer Oren G -- Attorney
Shaffer Oren G $4,250,000 --
Lee Terry Hamilton -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shaffer Oren G $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2025 04/14/25 Rented -- -- --
01/29/2025 01/29/25 For Rent $40,000 0.0% --
07/10/2014 07/10/14 Sold $5,250,000 -4.3% $634 / Sq Ft View Prior Sale
05/13/2014 05/13/14 Pending -- -- --
04/16/2014 04/16/14 Price Changed $5,485,000 -6.8% $662 / Sq Ft
10/21/2013 10/21/13 For Sale $5,885,000 -- $711 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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 $63,120 $6,633,203 -- --
2024 $62,740 $6,446,261 -- --
2023 $62,740 $6,258,506 -- --
2022 $64,786 $6,076,219 $0 $0
2021 $65,513 $5,899,242 $0 $0
2020 $63,942 $5,817,793 $0 $0
2019 $62,977 $5,686,992 $0 $0
2018 $61,957 $5,580,954 $2,895,831 $2,685,123
2017 $73,809 $6,642,418 $0 $0
2016 $72,177 $6,505,796 $0 $0
2015 $63,473 $5,638,528 $0 $0
2014 $47,903 $4,108,482 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 225011378

Florida Gulf Coast Multiple Listing Service

APN: 66674375707

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