$2,800,000
SOLD FEB 5, 2025
3 Beds
3 Baths
2,600 Sq Ft
$3,280/mo HOA Fee

Recently Sold

$1,077 Per Sq Ft

17% Below List Price

231 Days on Market

Highlights

  • Community Beach Access
  • Property Fronts a Bay or Harbor
  • Ocean To Bay Views
  • Sea Gate Elementary School Rated A
  • 24-Hour Guard
  • Private Membership Available

About This Home

As of February 2025

This 2600 square foot Bay Colony Salerno tower residence is known for its stunning SW panoramic Gulf and never-ending sunset views, to be ever enjoyed from both its overly spacious lanai as well as all main living areas. Offering a concierge-style level of living, Salerno includes a staffed 24/7 front desk, fabulous resort-style pool, spa, and outdoor experience, designer-perfect lobby and social gathering room, along with a private elevator which sweeps you directly to your own 3 Bedroom, 3 Bath Sky Home! Old-world tumbled marble floors throughout the main living areas provide both beauty and function. Chef’s kitchen and owner’s bath updates are a plus! A tower of just 69 residences, Salerno touts remastered Lobby and Amenities including 3 Guest Suites, reflecting a commitment to exceeding the desires of a discerning buyer, ensuring every aspect of the Salerno Tower experience exudes quiet sophistication within an intimate, prestigious living environment, perfect for those who appreciate tranquil luxury. Enjoy the prestige of a World Class menu of both Bay Colony and Pelican Bay included membership privileges: 3 private Beachfront Dining Clubs to call your own, located on 2½ miles of pristine sugar white sandy beach, attended Beachfront services, 3 active Tennis Clubs, miles of nature walking and bike paths, state-of-the-art Fitness, plus Community Lifelong Learning and Wellness Center. Artis Naples Center for the Performing Arts, Mercato, and Waterside Shops all just steps away.

Last Agent to Sell the Property

Mary Jo Chamberlin

John R Wood Properties Brokerage Phone: 239-405-9080 License #NAPLES-249521654 Listed on: 04/29/2024

John R Wood Properties

Co-Listed By

Jill Rogers

John R Wood Properties Brokerage Phone: 239-405-9080 License #NAPLES-249501011

Last Buyer's Agent

Carol Gilman

Premier Sotheby's Int'l Realty License #NAPLES-249501181

Premier Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,971

Year Built

  • Built in 2002

Lot Details

  • Property Fronts a Bay or Harbor
  • West Facing Home
  • Gated Home

HOA Fees

Parking

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

Property Views

  • Ocean To Bay
  • Bay
  • Gulf

Home Design

  • Florida Architecture
  • Flat Roof Shape
  • Concrete Block With Brick
  • Stucco

Interior Spaces

  • 2,600 Sq Ft Home
  • 1-Story Property
  • Electric Shutters
  • Sliding Windows
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

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

  • Screened Balcony

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 71870000803

Community Details

Overview

  • $17,500 Secondary HOA Transfer Fee
  • 69 Units
  • Private Membership Available
  • High-Rise Condominium
  • Salerno At Bay Colony Condos
  • Pelican Bay Community

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Lobby
  • Bike Room
  • Community Storage Space

Recreation

  • Community Beach Access
  • Private Beach Pavilion
  • Beach Club Membership Available
  • Tennis Courts
  • Exercise Course
  • Community Pool or Spa Combo
  • Bike Trail

Pet Policy

  • Pets up to 25 lbs
  • Call for details about the types of pets allowed
  • 2 Pets Allowed

Security

  • 24-Hour Guard
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,971

Year Built

Built in 2002

Lot Details

0

HOA Fees

$3,280 per month

Parking

2

Listing Details

  • Legal Description: SALERNO AT BAY COLONY A CONDOMINIUM UNIT 1103
  • Property Type: Residential
  • Table: Residential
  • Building Design: High Rise (8+)
  • Building Description: Florida
  • Storm Protection: Electric Shutters
  • Year Built: 2002
  • Directions: We will call you through the gate once the appointment is confirmed.
  • Property Information: This 2600 square foot Bay Colony Salerno tower residence is known for its stunning SW panoramic Gulf and never-ending sunset views, to be ever enjoyed from both its overly spacious lanai as well as all main living areas. Offering a concierge-style level of living, Salerno includes a staffed 24/7 front desk, fabulous resort-style pool, spa, and outdoor experience, designer-perfect lobby and social gathering room, along with a private elevator which sweeps you directly to your own 3 Bedroom, 3 Bath Sky Home! Old-world tumbled marble floors throughout the main living areas provide both beauty and function. Chef’s kitchen and owner’s bath updates are a plus! A tower of just 69 residences, Salerno touts remastered Lobby and Amenities including 3 Guest Suites, reflecting a commitment to exceeding the desires of a discerning buyer, ensuring every aspect of the Salerno Tower experience exudes quiet sophistication within an intimate, prestigious living environment, perfect for those who appreciate tranquil luxury. Enjoy the prestige of a World Class menu of both Bay Colony and Pelican Bay included membership privileges: 3 private Beachfront Dining Clubs to call your own, located on 2½ miles of pristine sugar white sandy beach, attended Beachfront services, 3 active Tennis Clubs, miles of nature walking and bike paths, state-of-the-art Fitness, plus Community Lifelong Learning and Wellness Center. Artis Naples Center for the Performing Arts, Mercato, and Waterside Shops all just steps away.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Partially Furnished
  • Num Unit Floor: 11
  • Price Per Sq Ft: 1076.92
  • Total Floors: 1
  • Additional Rooms: Balcony, Laundry in Residence, Screened Balcony
  • Estimated Living Area: 2600
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedroom Description: Split Bedrooms
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Breakfast Bar, Living Dining
  • Elevator: Private
  • Equipment: Cooktop - Electric, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Icemaker, Self Cleaning Oven, Smoke Detector, Wall Oven, Washer
  • Flooring: Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Cable Prewire, Fire Sprinkler, Foyer, Internet Available, Laundry Tub, Smoke Detectors, Walk-In Closet, Window Coverings
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Windows: Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Built-Up Or Flat
  • Construction: Concrete Block
  • Irrigation: Reclaimed
  • Road: Paved Road
  • View: Bay, Gulf, Gulf and Bay
  • Exterior Finish: Stucco
  • Waterfront Type: Bay

Garage/Parking

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

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Security: Secured Garage, Gated, Guard At Gate, Lobby, Patrolled
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239-596-3676
  • Approval: Application Fee, Buyer
  • Management: Condo
  • Mandatory HOA: Yes
  • Restrictions: Deeded
  • Sub Condo Name: SALERNO AT BAY COLONY
  • Condo Fees: 28662.24
  • Condo Fee Frequency: Annually
  • HOA Fees: 5465
  • HOA Fee Frequency: Annually
  • Maintenance: Cable, Fidelity Bond, Insurance, Internet/WiFi Access, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Pest Control Interior, Recreational Facilities, Repairs, Reserve, Security, Street Lights, Street Maintenance, Trash Removal, Water
  • Master Hoa Fee: 2675
  • Master HOA Fee Frequency: Annually
  • Club Fee Mandatory: 2550
  • Club Fee Mandatory Frequency: Annually
  • Development Name: PELICAN BAY

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 2
  • Pets Limit Max Weight: 25
  • Pets Limit Other: 15" tall at shoulders
  • Development: Pelican Bay
  • Amenities: BBQ - Picnic, Beach Access, Beach Club Available, Bike And Jog Path, Bike Storage, Community Pool, Community Room, Community Spa/Hot tub, Exercise Room, Extra Storage, Guest Room, Internet Access, Private Beach Pavilion, Private Membership, Sidewalk, Streetlight, Tennis Court, Theater, Trash Chute, Underground Utility
  • Community Type: Gated
  • Units In Building: 69
  • Total Number of Units: 69

Fee Information

  • Transfer Fees: 17500.00
  • Application Fee: 100.00

Lot Info

  • Builder Product: No
  • Lot Unit: 1103
  • Section: 32
  • Total Area: 3095
  • Waterfront: Yes
  • Rear Exposure: West
  • Lot Description: Other
  • Parcel Number: 71870000803

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 3
  • Min Days Of Lease: 90

Tax Info

  • Tax Description: County Only, Homestead, Other Exemptions
  • Tax District Type: Municipal Service Tax Unit
  • Taxes: 15971.09
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2024
Closed on
Jan 29, 2025
Sold by
Packard Thomas N
Bought by
Carol Gilman Revocable Trust and Gilman
Seller's Agent
Mary Jo Chamberlin
John R Wood Properties
Buyer's Agent
Carol Gilman
Premier Sotheby's Int'l Realty
List Price
$3,380,000
Sold Price
$2,800,000
Premium/Discount to List
-$580,000
-17.16%
Total Days on Market
231
Views
27
Current Estimated Value
$2,862,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,671
Avg. Annual Appreciation
4.82%

Purchase Details

Listed on
Apr 29, 2024
Closed on
Jan 28, 2025
Sold by
Virginia Carron Packard Revocable Trust and Jones William P
Bought by
Carol Gilman Revocable Trust and Gilman
Seller's Agent
Mary Jo Chamberlin
John R Wood Properties
Buyer's Agent
Carol Gilman
Premier Sotheby's Int'l Realty
List Price
$3,380,000
Sold Price
$2,800,000
Premium/Discount to List
-$580,000
-17.16%
Views
27

Purchase Details

Closed on
Mar 18, 2022
Sold by
Carron Packard Virginia
Bought by
Virginia Carron Packard Revocable Trust

Purchase Details

Closed on
May 6, 2003
Sold by
Lavin Charles M
Bought by
Carron Virginia F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.81%

Purchase Details

Closed on
May 25, 2001
Sold by
Lavin Charles M and Lavin Evelyn
Bought by
Lavin Charles M

Purchase Details

Closed on
Aug 22, 2000
Sold by
Avignon Worldwide Ltd
Bought by
Lavin Charles M
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
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Deed $2,800,000 None Listed On Document
Deed $2,800,000 None Listed On Document
Warranty Deed -- Conroy Conroy & Durant Pa
Warranty Deed $1,250,000 --
Warranty Deed -- --
Warranty Deed $1,100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $900,000 No Value Available
Previous Owner $700,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2025 02/05/25 Sold $2,800,000 -6.4% $1,077 / Sq Ft
12/16/2024 12/16/24 Pending -- -- --
12/05/2024 12/05/24 Price Changed $2,990,000 -7.3% $1,150 / Sq Ft
06/04/2024 06/04/24 Price Changed $3,225,000 -4.6% $1,240 / Sq Ft
04/29/2024 04/29/24 For Sale $3,380,000 -- $1,300 / 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 $15,971 $1,558,354 $0 $0
2022 $16,417 $1,512,965 $0 $0
2021 $16,535 $1,468,898 $0 $0
2020 $16,122 $1,448,617 $0 $0
2019 $15,882 $1,416,048 $0 $0
2018 $15,820 $1,389,645 $0 $0
2017 $15,263 $1,361,063 $0 $0
2016 $14,886 $1,333,069 $0 $0
2015 $14,923 $1,323,802 $0 $0
2014 -- $1,263,296 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 224037119

Naples Area Board of REALTORS®

APN: 71870000803