NOT LISTED FOR SALE

Estimated Value: $5,687,000 - $6,937,138

4 Beds
5.5 Baths
5,865 Sq Ft
$4,777/mo HOA Fee

Last Sold March 29, 2024

Last sale price $5,500,000 $938 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $42,974/month

51 Days on Market

Highlights

  • Doorman
  • Community Beach Access
  • Private Beach Club
  • Sea Gate Elementary School Rated A
  • Property Fronts a Bay or Harbor
  • Penthouse

About This Home

As of March 2024

Enjoy magnificent views from this rarely available Montenero penthouse! Encompassing 5,865 square feet of air-conditioned space, this home in the sky features four bedrooms, den or fifth bedroom, family room and 5.5 baths. The generous primary suite has dual bath areas and large closets plus a morning bar. Some of the many luxurious features are gas cooking, butler’s pantry, 10-foot ceilings, floor-to-ceiling glass sliding doors, fireplace and custom millwork. The 87-foot screened southwestern terrace offers breathtaking views of the Gulf of Mexico and the east terrace showcases gorgeous sunrises. A private two-car garage is also included. Montenero is a world-class building with updated lobby and social room, 24-hour front desk attendant, theatre room, fitness center with saunas, lap pool and spa, guest suites and access-secured elevators. Pelican Bay offers tennis, fitness classes, aquatic activities plus trails and trams to the beach and dining.

Last Agent to Sell the Property

Amy Becker

Premier Sotheby's Int'l Realty License #NAPLES-249516272 Listed on: 01/02/2024

Premier Sotheby's Int'l Realty

Co-Listed By

Leah Ritchey

Premier Sotheby's Int'l Realty License #NAPLES-249512024

Premier Sotheby's Int'l Realty

Last Buyer's Agent

Leah Ritchey

Premier Sotheby's Int'l Realty License #NAPLES-249512024

Premier Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $36,160

Year Built

  • Built in 2001

Lot Details

  • Property Fronts a Bay or Harbor
  • West Facing Home

HOA Fees

Parking

  • 2 Car Attached Garage
  • Circular Driveway
  • Guest Parking
  • 2 Parking Garage Spaces
  • Deeded Parking
  • Secure Parking

Property Views

  • Gulf
  • Views of Preserve
  • Mangrove

Home Design

  • Penthouse
  • Flat Roof Shape
  • Concrete Block With Brick
  • Stucco

Interior Spaces

  • 5,865 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Fireplace
  • Solar Tinted Windows
  • Electric Shutters
  • Sliding Windows
  • Family Room
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Screened Porch

Kitchen

  • Walk-In Pantry
  • <<selfCleaningOvenToken>>
  • <<microwave>>
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Built-In Bedroom Cabinets
  • Walk-In Closet
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 60575002560
  • Tax Block PH

Community Details

Overview

  • $10,000 Secondary HOA Transfer Fee
  • 133 Units
  • High-Rise Condominium
  • Montenero Condos
  • Pelican Bay Community
  • Car Wash Area

Amenities

  • Doorman
  • Trash Chute
  • Lobby
  • Bike Room

Recreation

  • Community Beach Access
  • Private Beach Club
  • Exercise Course
  • Community Pool or Spa Combo
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Phone Entry
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$36,160

Year Built

Built in 2001

Lot Details

0

HOA Fees

$4,777 per month

Parking

2

Listing Details

  • Legal Description: MONTENERO AT PELICAN BAY A CONDOMINIUM PENTHOUSE 1902
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.240807$-81.814595$250.76$13.33$1.00$CAoSLEFGMVFpcE1EZEVWSmMtWndtUXhud2F6dUw4TXRrX2kyMzNZNVJKZ3FiemM3
  • Building Design: High Rise (8+)
  • Building Description: Penthouse
  • Storm Protection: Electric Shutters
  • Year Built: 2001
  • Property Information: Enjoy magnificent views from this rarely available Montenero penthouse! Encompassing 5,865 square feet of air-conditioned space, this home in the sky features four bedrooms, den or fifth bedroom, family room and 5.5 baths. The generous primary suite has dual bath areas and large closets plus a morning bar. Some of the many luxurious features are gas cooking, butler’s pantry, 10-foot ceilings, floor-to-ceiling glass sliding doors, fireplace and custom millwork. The 87-foot screened southwestern terrace offers breathtaking views of the Gulf of Mexico and the east terrace showcases gorgeous sunrises. A private two-car garage is also included. Montenero is a world-class building with updated lobby and social room, 24-hour front desk attendant, theatre room, fitness center with saunas, lap pool and spa, guest suites and access-secured elevators. Pelican Bay offers tennis, fitness classes, aquatic activities plus trails and trams to the beach and dining.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 19
  • Price Per Sq Ft: 937.77
  • Total Floors: 1
  • Additional Rooms: Den/Study, Family Room, Guest Bath, Guest Room, Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 5865
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Bedroom Description: Split Bedrooms
  • Bedrooms: 4+Den
  • Total Bedrooms: 4
  • Dining Room: Breakfast Room, Formal
  • Elevator: Secured
  • Equipment: Cooktop - Gas, Dishwasher, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Carpet, Marble, Wood
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Cable Prewire, Closet Cabinets, Fire Sprinkler, Fireplace, Foyer, Internet Available, Laundry Tub, Multiple Phone Lines, Pantry, Smoke Detectors, Volume Ceiling, Walk-In Closet, Wet Bar
  • Kitchen: Built-In Desk, Gas Available, Walk-In Pantry
  • Primary Bathroom: 2 Masters, Separate Tub And Shower
  • Windows: Sliding, Solar Tinted

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Built-Up Or Flat
  • Construction: Concrete Block
  • Irrigation: Assessment Paid
  • Road: Private Road
  • View: City, Gulf, Mangroves, Preserve
  • Exterior Features: Other
  • Exterior Finish: Stucco
  • Waterfront Type: Bay

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: 2 Assigned, Circle Drive, Covered, Deeded, Guest, Under Bldg Closed

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Security: Doorman, Entry Phone, Secured Garage, Lobby
  • Sewer: Assessment Paid
  • Water: Assessment Paid

Condo/Co-op/Association

  • Management Company Phone: 239-596-7797
  • Approval: Application Fee, Buyer
  • Management: Condo
  • Mandatory HOA: Yes
  • Restrictions: Deeded
  • Sub Condo Name: MONTENERO
  • Condo Fees: 13595
  • Condo Fee Frequency: Quarterly
  • Maintenance: Cable, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Reserve, Sewer, Street Lights, Street Maintenance, Trash Removal, Water
  • Master Hoa Fee: 2944
  • Master HOA Fee Frequency: Annually
  • Development Name: PELICAN BAY

Association/Amenities

  • Pets: Limits
  • Pets Limit Other: 1 dog or 2 cats
  • Development: Pelican Bay
  • Amenities: Beach Access, Beach Club Included, Bike And Jog Path, Bike Storage, Community Pool, Community Room, Community Spa/Hot tub, Exercise Room, Guest Room, Internet Access, Streetlight, Trash Chute, Vehicle Wash Area
  • Community Type: Non-Gated
  • Units In Building: 133
  • Total Number of Units: 133

Fee Information

  • Transfer Fees: 10000.00
  • Application Fee: 100.00

Lot Info

  • Builder Product: No
  • Lot Unit: 1902
  • Section: 4
  • Total Area: 7240
  • Waterfront: Yes
  • Rear Exposure: West
  • Lot Description: Zero Lot Line
  • Parcel Number: 60575002560

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 1
  • Min Days Of Lease: 90

Tax Info

  • Tax Description: County Only
  • Tax District Type: Municipal Service Tax Unit
  • Taxes: 36160.21
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2024
Closed on
Mar 29, 2024
Sold by
Wang Cecile A
Bought by
Ling Dennis and Teal Janice J
Seller's Agent
Amy Becker
Premier Sotheby's Int'l Realty
Buyer's Agent
Leah Ritchey
Premier Sotheby's Int'l Realty
List Price
$5,795,000
Sold Price
$5,500,000
Premium/Discount to List
-$295,000
-5.09%
Views
46
Current Estimated Value
$6,352,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$852,379
Avg. Annual Appreciation
11.72%

Purchase Details

Closed on
Mar 2, 2021
Sold by
Wang Cecile A
Bought by
Cecile A Wang Trust

Purchase Details

Closed on
Feb 19, 2015
Sold by
Wang David I J and Wang Cecile A
Bought by
Wang David I J

Purchase Details

Closed on
Feb 1, 2015
Bought by
David I J Wang Trust

Purchase Details

Closed on
Mar 8, 2004
Sold by
Christensen Richard L and Christensen Suzanne L
Bought by
Wang David

Purchase Details

Closed on
Aug 30, 2001
Sold by
W C I Com Inc
Bought by
Christensen Richard L and Christensen Suzanne L
Source: Public Records

Range of Values:

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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
Ling Dennis -- None Listed On Document
Ling Dennis $5,500,000 None Listed On Document
Cecile A Wang Trust -- Accommodation
Wang Cecile A -- Accommodation
Wang David I J -- Attorney
David I J Wang Trust $100 --
Wang David $3,500,000 --
Christensen Richard L $2,500,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $5,500,000 -5.1% $938 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
02/02/2024 02/02/24 For Sale $5,795,000 0.0% $988 / Sq Ft
01/22/2024 01/22/24 Pending -- -- --
01/02/2024 01/02/24 For Sale $5,795,000 -- $988 / 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 $36,160 $3,603,196 $0 $0
2022 $37,355 $3,498,249 $0 $0
2021 $37,740 $3,396,358 $0 $0
2020 $36,830 $3,349,465 $0 $0
2019 $36,276 $3,274,159 $0 $0
2018 $35,800 $3,213,110 $0 $0
2017 $34,991 $3,147,023 $0 $0
2016 $34,195 $3,082,295 $0 $0
2015 $34,393 $3,060,869 $0 $0
2014 $34,420 $2,986,576 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 224000387

Naples Area Board of REALTORS®

APN: 60575002560