NOT LISTED FOR SALE

Estimated Value: $2,860,000 - $3,668,000

3 Beds
3.5 Baths
2,365 Sq Ft
$1,407/mo HOA Fee

Last Sold March 31, 2021

Last sale price $2,250,000 $951 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $20,280/month

Highlights

  • Deck
  • Wood Flooring
  • Great Room
  • Lake Park Elementary School Rated A
  • Lanai
  • 5-minute walk to Cambier Park

About This Home

As of March 2021

Construction completed! This is a once in a lifetime opportunity to own a slice of paradise with this brand new construction luxury condominium consisting of only eight exclusive units centrally located in the heart of Olde Naples! Enjoy delicious hors d'oeuvres and cocktails with your friends and family atop your private rooftop before walking to one of the many fabulous restaurants along the coveted 5th Avenue. Take a swim in your private 60ft rooftop infinity edge pool and unwind in your oversized 10 person hot tub overlooking incredible sunsets. Immerse yourself in luxury living with features such as imported Legno Bastone hardwood flooring, arctic white quartz countertops, Hansgrohe fixtures, and a neutral contemporary pallet awaiting your unique design. Security was paramount in the conceptualization of this building. Each unit includes two private underground parking spaces accessed by two car elevators opening to 6th Avenue. Live in confidence while a whole building natural gas generator secures power to key elements. This condominium lives like a single family home without the worry and maintenance.

Last Agent to Sell the Property

David Gruninger

William Raveis Real Estate Listed on: 03/02/2021

William Raveis Real Estate

Last Buyer's Agent

Margaret Ives

Premier Sotheby's Int'l Realty

Premier Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,000

Year Built

  • Built in 2018

Lot Details

  • East Facing Home

HOA Fees

Parking

  • 2 Parking Garage Spaces
  • Automatic Garage Door Opener
  • Deeded Parking

Home Design

  • Condo Hotel
  • Entry on the 2nd floor
  • Concrete Block With Brick
  • Stone Exterior Construction
  • Stucco
  • Tile

Interior Spaces

  • 2,365 Sq Ft Home
  • 3-Story Property
  • Tray Ceiling
  • Great Room
  • Family Room
  • Den
  • Storage
  • Home Security System

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Laundry Tub

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Power Generator
  • Tankless Water Heater
  • Multiple Phone Lines
  • Cable TV Available

Community Details

Overview

  • 8 Units
  • Low-Rise Condominium
  • Olde Naples Condos

Amenities

  • Elevator

Recreation

  • Community Pool or Spa Combo

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$25,000

Year Built

Built in 2018

Lot Details

0

HOA Fees

$1,407 per month

Parking

2

Listing Details

  • Legal Description: SEABOARD REPLAT T 9 BLK 15 S 19FT OF LOT 6, AND ALL OF LOTS 7-10
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.140767$-81.79504300000002$237.10$13.33$1.00$IV7gb4hJwvAK4YMuBAfbug
  • Building Design: Low Rise (1-3)
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 2018
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 2
  • Price Per Sq Ft: 951.37
  • Total Floors: 3
  • Additional Rooms: Balcony, Family Room, Guest Bath, Laundry in Residence, Open Porch/Lanai, Den/Study
  • Estimated Living Area: 2365
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Elevator: Common
  • Equipment: Auto Garage Door, Cooktop, Dishwasher, Double Oven, Dryer, Generator, Microwave, Range, Refrigerator/Icemaker, Security System, Smoke Detector, Tankless Water Heater
  • Flooring: Tile, Wood
  • Floor Plan: Great Room
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Fire Sprinkler, Foyer, High Speed Available, Laundry Tub, Multiple Phone Lines, Smoke Detectors, Surround Sound Wired, Tray Ceiling, Walk-In Closet, Wheel Chair Access
  • Kitchen: Gas Available, Island

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Central
  • Road: City Maintained
  • View: City, Landscaped Area
  • Exterior Features: Deck, Patio, Storage
  • Exterior Finish: Stone, Stucco

Garage/Parking

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

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Security: Entry Keypad
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 000-000-0000
  • Approval: Application Fee
  • Management: Condo
  • Mandatory HOA: Yes
  • Restrictions: Deeded
  • Sub Condo Name: OLDE NAPLES
  • HOA Fees: 128
  • HOA Fee Frequency: Monthly
  • Maintenance: Insurance, Master Association Fee Incl, Pest Control Exterior, Repairs, Reserve, Security, Trash Removal, Water
  • Master Hoa Fee: 3836
  • Master HOA Fee Frequency: Quarterly

Association/Amenities

  • Pets: No Approval Needed
  • Development: Olde Naples
  • Amenities: Community Pool, Community Spa/Hot tub
  • Community Type: Condo/Hotel
  • Units In Building: 8
  • Total Number of Units: 8

Lot Info

  • Builder Product: Yes
  • Total Area: 2865
  • Waterfront: No
  • Rear Exposure: East

Rental Info

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

Tax Info

  • Tax Description: City And County
  • Taxes: 25000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2021
Closed on
Feb 16, 2021
Sold by
Golfhunt Llc
Bought by
Menke Jayne E and Jayne E Menke Revocable Trust
Seller's Agent
David Gruninger
William Raveis Real Estate
Buyer's Agent
Margaret Ives
Premier Sotheby's Int'l Realty
List Price
$2,250,000
Sold Price
$2,250,000
Current Estimated Value
$3,162,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$912,546
Avg. Annual Appreciation
7.84%
Original Mortgage
$1,687,500
Interest Rate
2.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 2, 2021
Closed on
Feb 1, 2021
Sold by
Golfhunt Llc
Bought by
Jayne E Menke Revocable Trust and Menke
Seller's Agent
David Gruninger
William Raveis Real Estate
Buyer's Agent
Margaret Ives
Premier Sotheby's Int'l Realty
List Price
$2,250,000
Sold Price
$2,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,687,500
Interest Rate
2.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Menke Jayne E $2,250,000 Attorney
Jayne E Menke Revocable Trust $2,250,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Menke Jayne E $1,687,500
Previous Owner Jayne E Menke Revocable Trust $1,687,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $2,250,000 0.0% $951 / Sq Ft
03/02/2021 03/02/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $2,250,000 -- $951 / 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
2025 $25,268 $2,804,625 -- $2,804,625
2024 $23,923 $2,742,670 -- --
2023 $23,923 $2,493,336 $0 $0
2022 $22,228 $2,266,669 $0 $2,266,669
2021 $18,850 $1,837,000 $0 $1,837,000
2020 $13,130 $1,293,440 $0 $1,293,440
2019 $1,011 $98,537 $0 $98,537
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 221016107

Naples Area Board of REALTORS®

APN: 17834002021