NOT LISTED FOR SALE

7877 Cocobay Dr Unit 8 Naples, FL 34108

Pelican Bay Neighborhood

Estimated Value: $2,433,000 - $3,465,066

4 Beds
4 Baths
3,208 Sq Ft
$1,500/mo HOA Fee

Last Sold April 07, 2022

Last sale price $3,050,000 $951 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $20,172/month

12 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • Private Beach Club
  • Sea Gate Elementary School Rated A
  • Community Cabanas
  • Private Beach Pavilion

About This Home

As of April 2022

A coveted courtyard villa is on the market. Located in the charming bougainvillea-covered enclave of CocoBay, this property is extra special. The main house has a large, open floor plan, 14-foot ceilings and lots of light. There is a gorgeous view of the fountain on “Bay” lake from the back of the house, and the courtyard allows for privacy around the pool. The cabana has a living room, a bedroom, kitchenette, plus a washer and dryer. There is only one Pelican Bay. Private restaurants on the beach, tennis, a community/fitness center and more. It doesn’t get any better than this.

Last Agent to Sell the Property

Janet Rathbun

Premier Sotheby's Int'l Realty License #NAPLES-249501122 Listed on: 02/09/2022

Premier Sotheby's Int'l Realty

Last Buyer's Agent

Janet Rathbun

Premier Sotheby's Int'l Realty License #NAPLES-249501122 Listed on: 02/09/2022

Premier Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,729

Year Built

  • Built in 1995

Lot Details

  • Lake Front
  • Cul-De-Sac
  • Northeast Facing Home
  • Privacy Fence

HOA Fees

Parking

  • 2 Parking Garage Spaces
  • Automatic Garage Door Opener

Property Views

  • Lake
  • Pool

Home Design

  • Villa
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 3,208 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Furnished or left unfurnished upon request
  • Vaulted Ceiling
  • French Doors
  • Family Room
  • Combination Dining and Living Room

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Built-In Bedroom Cabinets
  • 4 Full Bathrooms
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • In Ground Pool
  • Courtyard
  • Lanai

Additional Homes

  • 592 SF Accessory Dwelling Unit
  • Guest house includes a cabana

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 26175000168
  • $7,500 special tax assessment

Community Details

Overview

  • Private Membership Available
  • Cocobay Condos

Amenities

  • Restaurant

Recreation

  • Private Beach Pavilion
  • Golf Course Community
  • Private Beach Club
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Cabanas
  • Park

Pet Policy

  • Pets up to 50 lbs
  • Call for details about the types of pets allowed
  • 2 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,729

Year Built

Built in 1995

Lot Details

0

HOA Fees

$1,500 per month

Parking

2

Listing Details

  • Legal Description: COCOBAY A CONDOMINIUM UNIT 8
  • Property Type: Residential
  • Table: Residential
  • Building Design: Villa Attached
  • Building Description: 1 Story/Ranch
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Furnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 950.75
  • Total Floors: 1
  • Additional Rooms: Family Room, Guest Bath, Guest Room, Laundry in Residence, Open Porch/Lanai
  • Estimated Living Area: 3208
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedroom Description: Master BR Ground, Split Bedrooms
  • Bedrooms: 4+Den
  • Total Bedrooms: 4
  • Dining Room: Living Dining
  • Equipment: Auto Garage Door, Cooktop - Electric, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Refrigerator/Freezer, Wall Oven, Washer
  • Flooring: Carpet, Tile
  • Floor Plan: Courtyard, Split Bedrooms
  • Interior Amenities: Bar, Built-In Cabinets, Cable Prewire, Closet Cabinets, French Doors, High Speed Available, Laundry Tub, Vaulted Ceiling
  • Primary Bathroom: Separate Tub And Shower

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Reclaimed
  • Road: Cul-De-Sac, Paved Road
  • View: Lake, Pool/Club
  • Exterior Features: Courtyard, Privacy Wall
  • Exterior Finish: Stucco
  • Guest House: 1 Bath, 1 Bedroom, Cabana, Living Room
  • Guest House Sq Ft: 592
  • Private Pool Type: Below Ground
  • Waterfront Type: Lake

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: 2 Assigned

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239-593-1233
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Architectural, No Commercial, No RV
  • Sub Condo Name: COCOBAY
  • Condo Fees: 3895
  • Condo Fee Frequency: Quarterly
  • Maintenance: Insurance, Lawn/Land Maintenance, Reserve, Street Lights, Street Maintenance
  • Master Hoa Fee: 2420
  • Master HOA Fee Frequency: Annually

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 2
  • Pets Limit Max Weight: 50
  • Development: Pelican Bay
  • Amenities: Beach Club Included, Cabana, Community Park, Fitness Center Attended, Golf Course, Internet Access, Play Area, Private Beach Pavilion, Private Membership, Restaurant, Shopping, Streetlight, Tennis Court, Underground Utility
  • Community Type: Gated, Tennis
  • Units In Building: 1
  • Total Number of Units: 33

Fee Information

  • One Time Special Assessment Fee: 7500

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

  • Builder Product: No
  • Lot Unit: 8
  • Section: 4
  • Total Area: 5788
  • Waterfront: Yes
  • Rear Exposure: Northeast
  • Lot Description: Cul-De-Sac, Zero Lot Line
  • Parcel Number: 26175000168

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 3
  • Min Days Of Lease: 21

Tax Info

  • Tax Description: County Only, Homestead
  • Tax District Type: Municipal Service Tax Unit
  • Taxes: 14729.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2022
Closed on
Apr 7, 2022
Sold by
Oconnor Daniel J
Bought by
Anthony M Orsini Living Trust
Seller's Agent
Janet Rathbun
Premier Sotheby's Int'l Realty
Buyer's Agent
Janet Rathbun
Premier Sotheby's Int'l Realty
List Price
$2,895,000
Sold Price
$3,050,000
Premium/Discount to List
$155,000
5.35%
Current Estimated Value
$3,248,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,792
Avg. Annual Appreciation
-1.50%
Original Mortgage
$762,500
Outstanding Balance
$720,803
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$2,175,964

Purchase Details

Closed on
Apr 28, 2005
Sold by
Oconnor James J and Oconnor Jane W
Bought by
Oconnor James J and Oconnor Jane W

Purchase Details

Closed on
Nov 17, 2003
Sold by
Oconnor James J and Oconnor Jane W
Bought by
Oconnor James J

Purchase Details

Closed on
Apr 29, 2002
Sold by
Berry John W and Berry Shirley H
Bought by
Oconnor James J and Oconnor Jane W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2000
Sold by
Fiterman Steven C
Bought by
Berry John W and Berry Shirley H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
8.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 1995
Sold by
P H D Assoc Naples Ltd
Bought by
Fiterman Steven C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$561,450
Interest Rate
9.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Anthony M Orsini Living Trust $3,050,000 Lottes Law Group Pllc
Oconnor James J -- --
Oconnor James J -- --
Oconnor James J $1,100,000 --
Berry John W $875,000 --
Fiterman Steven C $699,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anthony M Orsini Living Trust $762,500
Previous Owner Oconnor James J $1,000,000
Previous Owner Berry John W $875,000
Previous Owner Fiterman Steven C $561,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2022 04/07/22 Sold $3,050,000 +5.4% $951 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $2,895,000 -- $902 / 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 $13,281 $2,422,933 -- --
2023 $13,281 $1,261,340 $0 $1,261,340
2022 $14,641 $1,322,671 $0 $0
2021 $14,729 $1,284,147 $0 $0
2020 $14,359 $1,266,417 $0 $0
2019 $14,145 $1,237,944 $0 $0
2018 $0 $1,214,862 $0 $0
2017 $13,579 $1,189,875 $0 $0
2016 $13,226 $1,165,402 $0 $0
2015 $12,548 $1,157,301 $0 $0
2014 $13,196 $1,098,116 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Naples Area Board of REALTORS®

MLS Number: 222009388

Naples Area Board of REALTORS®

APN: 26175000168