Seller's Agent in 2024
William Kiley
John R. Wood Properties
(239) 877-3516
1 in this area
65 Total Sales
741 3rd St S Unit 5 Naples, FL 34102
Old Naples NeighborhoodEstimated Value: $2,193,000 - $2,544,000
3
Beds
3
Baths
2,250
Sq Ft
$1,328/mo
HOA Fee
Highlights
- Wood Flooring
- Lanai
- Great Room
- Lake Park Elementary School Rated A
- Pool View
- Community Pool or Spa Combo
About This Home
As of October 2024Indulge in the epitome of luxury coastal living in this meticulously updated 3BR 3BA residence, ideally situated steps away from vibrant 5th Ave South & 3rd Street fine dining and shopping, a short walk to the serene greenery of Cambier Park, Arthur Allen Tennis Center and just 3 blocks from pristine beaches in prestigious Old Naples. This third-floor penthouse, end-unit home with elevator access, was thoughtfully redesigned in 2022 and showcases a newly renovated primary bath and kitchen, ensuring contemporary comfort and style at every turn. The generous living spaces are bathed in natural light, featuring an expansive and sunlit entertaining area with windows and doors on three sides and no common walls, offering a rare blend of privacy and sophistication. Recent updates include NEW Impact Doors and Windows, laundry room appliances, hardware, and lighting, enhancing both comfort and style. One Car Garage and 2nd dedicated parking spot.
Step onto the large private balcony and enjoy serene views of the beautifully landscaped pool and grill area below. With only 5 units in this secure building, you’ll relish the tranquility of a private residence amid a vibrant community atmosphere.
Further enhancing its appeal, the Exterior was Freshly Painted in 2023, and a New Roof will be installed in 2024, ensuring years of worry-free living. Located outside the floodplain, this home remained untouched by Hurricane Ian, offering peace of mind and resilience against the elements.
Move-in ready for the upcoming season, with capital assessments already paid by the seller, this home embodies the essence of Old Naples living at its finest—meticulously maintained, effortlessly sophisticated, and perfectly positioned for those seeking the ultimate refined coastal lifestyle.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,552
Year Built
- Built in 2001
Lot Details
- East Facing Home
- Fenced
HOA Fees
- $1,328 Monthly HOA Fees
Parking
- 2 Parking Garage Spaces
- Automatic Garage Door Opener
- Circular Driveway
- Deeded Parking
Home Design
- Entry on the 3rd floor
- Flat Roof Shape
- Concrete Block With Brick
- Stucco
- Tile
Interior Spaces
- 2,250 Sq Ft Home
- 3-Story Property
- Tray Ceiling
- 4 Ceiling Fans
- Ceiling Fan
- Thermal Windows
- Solar Tinted Windows
- Single Hung Windows
- French Doors
- Great Room
- Family or Dining Combination
- Pool Views
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Self-Cleaning Oven
- Microwave
- Dishwasher
- Wine Cooler
- Kitchen Island
- Built-In or Custom Kitchen Cabinets
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 3 Full Bathrooms
- Dual Sinks
- Bathtub With Separate Shower Stall
Laundry
- Laundry Room
- Dryer
- Washer
- Laundry Tub
Home Security
Outdoor Features
- Balcony
- Courtyard
- Lanai
- Outdoor Gas Grill
Utilities
- Central Heating and Cooling System
- Humidstat
- Underground Utilities
- Sewer Assessments
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 20650000100
Community Details
Overview
- 5 Units
- Low-Rise Condominium
- Tuscan Condos
- Olde Naples Community
Amenities
- Community Barbecue Grill
- Elevator
- Lobby
Recreation
- Community Pool or Spa Combo
Pet Policy
- Call for details about the types of pets allowed
- 2 Pets Allowed
Security
- Card or Code Access
- High Impact Windows
- High Impact Door
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 13, 2024
Closed on
Oct 16, 2024
Sold by
Tortorella Anthony J and Tortorella Family Revocable Trust
Bought by
Brown Merle L
Seller's Agent
William Kiley
John R Wood Properties
Buyer's Agent
Leann Anderson
Realty One Group MVP
List Price
$2,650,000
Sold Price
$2,650,000
Views
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$255,261
Avg. Annual Appreciation
-9.45%
Original Mortgage
$1,500,000
Outstanding Balance
$1,479,978
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$914,761
Purchase Details
Closed on
Mar 15, 2021
Sold by
Tortorella Anthony J and Tortorella Patricia A
Bought by
Tortorella Anthony J and Tortorella Patricia A
Purchase Details
Closed on
May 24, 2012
Sold by
Flack Kathi S
Bought by
Tortorella Anthony J and Tortorella Patricia A
Purchase Details
Closed on
May 21, 2001
Sold by
Tuscan Dev L L C
Bought by
Flack Charles D and Flack Kathi S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.02%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brown Merle L | $2,650,000 | None Listed On Document | |
| Tortorella Anthony J | -- | Accommodation | |
| Tortorella Anthony J | $925,000 | Attorney | |
| Flack Charles D | $629,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Brown Merle L | $1,500,000 | |
| Previous Owner | Flack Charles D | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/22/2024 10/22/24 | Sold | $2,650,000 | 0.0% | $1,178 / Sq Ft |
| 08/25/2024 08/25/24 | Pending | -- | -- | -- |
| 07/13/2024 07/13/24 | For Sale | $2,650,000 | -- | $1,178 / Sq Ft |
Source: Naples Area Board of REALTORS®
Tax History Compared to Growth
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 | $10,719 | $1,985,500 | -- | $1,985,500 |
| 2024 | $10,552 | $1,214,092 | -- | -- |
| 2023 | $10,552 | $1,178,730 | $0 | $0 |
| 2022 | $10,843 | $1,144,398 | $0 | $0 |
| 2021 | $11,010 | $1,111,066 | $0 | $0 |
| 2020 | $10,741 | $1,095,726 | $0 | $0 |
| 2019 | $10,607 | $1,071,091 | $0 | $0 |
| 2018 | $10,382 | $1,051,120 | $0 | $0 |
| 2017 | $10,220 | $1,029,500 | $0 | $1,029,500 |
| 2016 | $10,045 | $958,925 | $0 | $0 |
| 2015 | $9,509 | $871,750 | $0 | $0 |
| 2014 | $8,530 | $792,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
William Kiley
-
Stacey Schwind
Seller Co-Listing Agent in 2024
Stacey Schwind
John R. Wood Properties
(239) 877-1478
1 in this area
46 Total Sales
-
Leann Anderson
Buyer's Agent in 2024
Leann Anderson
Realty One Group MVP
(239) 777-1823
1 in this area
10 Total Sales
-
Denise Ramirez-Sarjeant
Buyer Co-Listing Agent in 2024
Denise Ramirez-Sarjeant
INACTIVE AGENT ACCT
(239) 287-9293
1 in this area
10 Total Sales
Map
Source: Naples Area Board of REALTORS®
MLS Number: 224057949
APN: 20650000100
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2025 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.
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