$1,075,000
SOLD APR 8, 2024

831 Sailaway Ln Unit 201 Naples, FL 34108

Pelican Bay Neighborhood
2 Beds
2.5 Baths
1,977 Sq Ft
$1,351/mo HOA Fee

Recently Sold

$544 Per Sq Ft

20% Below List Price

187 Days on Market

Highlights

  • Community Beach Access
  • Water Views
  • Fitness Center
  • Sea Gate Elementary School Rated A
  • Private Beach
  • Lap Pool

About This Home

As of April 2024

REDUCED! PRICED WELL for this exceptional opportunity to own one of few END UNIT second floor residences in the Breakwater. Relish the cascading water and flowing fountains from your large glassed patio. Enjoy complete privacy from your home office and living room windows of a tree lined side yard. New plumbing as the polybutylene pipes have been replaced ($8k), freshly painted neutral white custom kitchen , wood look flooring, custom wood cabinetry, plantation shutters, storm shutters on all windows. Perfect spot for those with pets, this condo is next to the large side yard. Enjoy your luxurious master bath completed with marble countertops, sink bowls, including a much large walk-in shower with seating and multiple heads. OPEN kitchen concept not found in most units. Extra storage abounds! Extended storage space throughout the custom media TV area, and wood paneled office/den, including a larger master closet. Breakwater buildings are all freshly painted with new modern tones, plus new roofs!

Last Agent to Sell the Property

Diana McCoy

John R Wood Properties Brokerage Phone: 239-404-0793 License #NAPLES-249510961 Listed on: 09/01/2023

John R Wood Properties

Last Buyer's Agent

Jon Feins

Compass Florida LLC License #NAPLES-249523744

Compass Florida LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,538

Year Built

  • Built in 1998

Lot Details

  • Private Beach
  • End Unit
  • Street terminates at a dead end
  • East Facing Home
  • Gated Home

HOA Fees

Parking

  • 2 Car Detached Garage
  • Automatic Garage Door Opener
  • Guest Parking
  • 2 Parking Garage Spaces
  • Deeded Parking

Home Design

  • Concrete Block With Brick
  • Shingle Roof
  • Slate Roof
  • Stucco

Interior Spaces

  • 1,977 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • 4 Ceiling Fans
  • Ceiling Fan
  • Electric Shutters
  • Single Hung Windows
  • Sliding Windows
  • Great Room
  • Home Office
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Shower Only
  • Multiple Shower Heads

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Lap Pool
  • Enclosed Glass Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 24720015267
  • Tax Block 20

Community Details

Overview

  • $10,000 Secondary HOA Transfer Fee
  • Low-Rise Condominium
  • Breakwater Condos
  • Pelican Bay Community

Amenities

  • Restaurant
  • Trash Chute
  • Clubhouse
  • Elevator
  • Bike Room

Recreation

  • Community Beach Access
  • Private Beach Pavilion
  • Beach Club Membership Available
  • Tennis Courts
  • Pickleball Courts
  • Shuffleboard Court
  • Fitness Center
  • Exercise Course
  • Park
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,538

Year Built

Built in 1998

Lot Details

0

HOA Fees

$1,351 per month

Parking

2

Listing Details

  • Legal Description: BREAKWATER AT PELICAN BAY V THE, A CONDOMINIUM BLDG 20-201
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.250882$-81.812111$62.81$13.33$1.00$CAoSK0FGMVFpcFBBZFgzTHZNcEExRHBFc21hS0JTRFZjdWh3cHc3cjlpRU9Nbm8.
  • Building Design: Low Rise (1-3)
  • Building Description: End-Unit
  • Storm Protection: Electric Shutters, Shutters - Manual
  • Year Built: 1998
  • Property Information: REDUCED! PRICED WELL for this exceptional opportunity to own one of few END UNIT second floor residences in the Breakwater. Relish the cascading water and flowing fountains from your large glassed patio. Enjoy complete privacy from your home office and living room windows of a tree lined side yard. New plumbing as the polybutylene pipes have been replaced ($8k), freshly painted neutral white custom kitchen , wood look flooring, custom wood cabinetry, plantation shutters, storm shutters on all windows. Perfect spot for those with pets, this condo is next to the large side yard. Enjoy your luxurious master bath completed with marble countertops, sink bowls, including a much large walk-in shower with seating and multiple heads. OPEN kitchen concept not found in most units. Extra storage abounds! Extended storage space throughout the custom media TV area, and wood paneled office/den, including a larger master closet. Breakwater buildings are all freshly painted with new modern tones, plus new roofs!
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Numberof Ceiling Fans: 4
  • Num Unit Floor: 2
  • Price Per Sq Ft: 543.75
  • Total Floors: 1
  • Additional Rooms: Den/Study, Glass Porch, Great Room, Home Office, Laundry in Residence
  • Estimated Living Area: 1977
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedroom Description: First Floor Bedroom, Split Bedrooms
  • Bedrooms: 2+Den
  • Total Bedrooms: 2
  • Dining Room: Breakfast Bar, Eat-in Kitchen
  • Elevator: Common
  • Equipment: Auto Garage Door, Cooktop - Electric, Dishwasher, Dryer, Microwave, Range, Refrigerator/Icemaker, Smoke Detector, Wall Oven, Washer
  • Flooring: Tile, Wood
  • Floor Plan: Other
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Pantry, Smoke Detectors, Tray Ceiling, Walk-In Closet, Window Coverings
  • Kitchen: Island, Pantry
  • Primary Bathroom: Dual Sinks, Multiple Shower Heads, Shower Only
  • Windows: Single Hung, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle, Slate
  • Construction: Concrete Block
  • Irrigation: Central, Reclaimed
  • Road: Dead End, Paved Road
  • View: Partial Buildings, Water, Water Feature
  • Exterior Features: Decorative Shutters
  • Exterior Finish: Stucco

Garage/Parking

  • Garage Description: Detached
  • Garage Spaces: 2
  • Parking: 2+ Spaces, Guest, Under Bldg Closed

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Security: Entry Keypad, Gated
  • Sewer: Assessment Paid, Central
  • Water: Assessment Paid, Central

Condo/Co-op/Association

  • Management Company Phone: 239-566-6088
  • Approval: Application Fee, Buyer, Tenant
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded, Limited Number Vehicles, No Commercial, No Motorcycles, No RV, No Truck
  • Sub Condo Name: BREAKWATER
  • HOA Fees: 3380
  • HOA Fee Frequency: Quarterly
  • Maintenance: Insurance, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Reserve, Trash Removal
  • Master Hoa Fee: 2684
  • Master HOA Fee Frequency: Annually
  • Development Name: PELICAN BAY

Association/Amenities

  • Pets: With Approval
  • Development: Pelican Bay
  • Amenities: Beach - Private, Beach Access, Beach Club Available, Bike And Jog Path, Bike Storage, Clubhouse, Community Park, Community Room, Exercise Room, Fitness Center Attended, Internet Access, Lap Pool, Pickleball, Private Beach Pavilion, Restaurant, Shuffleboard, Sidewalk, Streetlight, Tennis Court, Trash Chute, Underground Utility
  • Community Type: Gated

Fee Information

  • Transfer Fees: 10000.00
  • Application Fee: 150.00

Lot Info

  • Builder Product: No
  • Lot Unit: 201
  • Section: 33
  • Total Area: 1977
  • Waterfront: No
  • Rear Exposure: East
  • Lot Description: Zero Lot Line
  • Parcel Number: 24720015267

Rental Info

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

Tax Info

  • Tax Description: County Only, Homestead
  • Tax District Type: Municipal Service Tax Unit
  • Taxes: 5537.56
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2023
Closed on
Apr 8, 2024
Sold by
Pilgrim Michael J and Pilgrim Linda Diane
Bought by
Julie Zeisler Blackwell Trust and Blackwell
Seller's Agent
Diana McCoy
John R Wood Properties
Buyer's Agent
Jon Feins
Compass Florida LLC
List Price
$1,350,000
Sold Price
$1,075,000
Premium/Discount to List
-$275,000
-20.37%
Views
53
Current Estimated Value
$1,155,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,830
Avg. Annual Appreciation
5.43%

Purchase Details

Closed on
Jan 29, 1998
Sold by
Cs-2 Venture
Bought by
Pilgrim Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,300
Interest Rate
7.01%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,075,000 None Listed On Document
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $323,000 New Conventional
Previous Owner $191,000 New Conventional
Previous Owner $100,000 New Conventional
Previous Owner $216,300 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2024 04/08/24 Sold $1,075,000 -4.4% $544 / Sq Ft
03/06/2024 03/06/24 Pending -- -- --
01/11/2024 01/11/24 Price Changed $1,125,000 -6.2% $569 / Sq Ft
11/15/2023 11/15/23 Price Changed $1,199,000 -7.4% $606 / Sq Ft
09/21/2023 09/21/23 Price Changed $1,295,000 -4.1% $655 / Sq Ft
09/01/2023 09/01/23 For Sale $1,350,000 -- $683 / 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 $5,457 $496,037 $0 $0
2022 $5,538 $481,589 $0 $0
2021 $5,517 $467,562 $0 $0
2020 $5,364 $461,107 $0 $0
2019 $5,287 $450,740 $0 $0
2018 $5,441 $442,336 $0 $0
2017 $5,014 $433,238 $0 $0
2016 $4,855 $424,327 $0 $0
2015 $4,808 $421,377 $0 $0
2014 $4,738 $368,033 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 223064381

Naples Area Board of REALTORS®

APN: 24720015267