NOT LISTED FOR SALE

Estimated Value: $283,000 - $341,000

2 Beds
2 Baths
1,000 Sq Ft
2004 Built

Sale Details

Date Sold: October 17, 2023

Last sale price $355,000 $355 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $2,409 / mo

21 Days on Market

Highlights

  • Water Views
  • Florida Architecture
  • Water Fountains
  • Community Cabanas
  • Wood Flooring
  • Meeting Room

About This Home

As of October 2023

This charming, well-appointed 2 BR 2 Ba Condo in lovely Corals Falls Resort is the perfect tropical hide-away for you and your guests. Light, bright and cheerful, this home offers a spacious kitchen w/dining nook and pass-thru bar, opening to a tastefully decorated living/dining room. Entertaining is easy from your cozy lanai, where you can sip on a favorite beverage, and enjoy spectacular sunsets while overlooking the resort-style pool & spa, waterfalls, lush grounds, tiki huts, grilling area, & wooded preserve. Coral Falls Resort is an INVESTOR'S DREAM! with a rarely available option of WEEKLY VACATION RENTALS for discriminating guests. PREMIUM SEASONAL RENTAL RATES help produce up to $50,000 gross per year. Not only is Coral Falls Resort the best value in Lely Resort, it's a very friendly enclave of 64 units that's home to snowbirds, retirees, full-time residents, and vacationing guests. Offered turnkey furnished--- you'll need nothing but your flip flops and a towel to enjoy easy Naples living. Investor-Purchasers will receive FREE CONSULTATION from local vacation rental experts to assist in starting your rental business. Submit an offer soon ~ This sparkling GEM won't last!

Last Agent to Sell the Property

John Spring

London Foster Realty Listed on: 08/29/2023

London Foster Realty

Co-Listed By

Bettina Farrell

Achieve Realty LLC

Last Buyer's Agent

John Spring

London Foster Realty Listed on: 08/29/2023

London Foster Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,035

Year Built

  • Built in 2004

Lot Details

  • West Facing Home
  • Landscaped

HOA Fees

Property Views

  • Water
  • Views of Preserve
  • Woods
  • Pool

Home Design

  • Condo Hotel
  • Mid Level
  • Florida Architecture
  • Entry on the 3rd floor
  • Turnkey
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 1,000 Sq Ft Home
  • 4-Story Property
  • 3 Ceiling Fans
  • Single Hung Windows
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Electric Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Shower
  • Screened Balcony
  • Patio
  • Water Fountains
  • Gazebo
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 27775001485
  • Tax Block 2
  • $2,500 Seller Concession

Community Details

Overview

  • $500 Secondary HOA Transfer Fee
  • 32 Units
  • Coral Falls Resort Condos
  • Lely Resort Community
  • Mandatory home owners association
  • Car Wash Area

Amenities

  • Community Barbecue Grill
  • Meeting Room
  • Elevator

Recreation

  • Community Cabanas
  • Community Pool or Spa Combo
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Security

  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,035

Year Built

Built in 2004

Lot Details

0 Sq Ft Lot

HOA Fees

$429 per month

Listing Details

  • Legal Description: CORAL FALLS RESORT A CONDOMINIUM BLDG 2-302
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.069471$-81.695898$290.08$13.33$1.00$985pyMoXLkRc-sdquv3mLA
  • Building Design: Mid Rise (4-7)
  • Building Description: Florida
  • Storm Protection: Impact Resistant Doors
  • Year Built: 2004
  • Directions: From US 41 turn onto Triangle Blvd at Freedom Square/McDonalds, drive 1/2 mile past Staybridge Hotel to round-about, take 3rd right on round-about to Celeste Dr. Coral Falls Resort is on left, BLDG 2 - 9175 Celeste, middle building, elevator to 3rd floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Furnished Description: Turnkey
  • Numberof Ceiling Fans: 3
  • Num Unit Floor: 3
  • Price Per Sq Ft: 355.00
  • Total Floors: 4
  • Additional Rooms: Guest Bath, Guest Room, Laundry in Residence, Screened Balcony
  • Estimated Living Area: 1000
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Breakfast Bar, Living Dining, Eat-in Kitchen
  • Elevator: Common
  • Equipment: Cooktop - Electric, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Refrigerator/Icemaker, Self Cleaning Oven, Wall Oven, Washer
  • Flooring: Tile, Wood
  • Floor Plan: Other
  • Interior Amenities: Fire Sprinkler, Internet Available, Pantry, Smoke Detectors, Walk-In Closet, Window Coverings
  • Kitchen: Pantry
  • Primary Bathroom: Shower Only
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Road: County Maintained, Paved Road, Public Road
  • View: Landscaped Area, Pool/Club, Preserve, Water Feature, Wooded Area
  • Exterior Features: Gazebo, Grill, Outdoor Shower, Patio, Water Display
  • Exterior Finish: Stucco

Utilities

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

Condo/Co-op/Association

  • Approval: Application Fee
  • Management: Condo
  • Mandatory HOA: Yes
  • Restrictions: Limited Number Vehicles, No Commercial, No Motorcycles, No RV
  • Sub Condo Name: CORAL FALLS RESORT
  • Condo Fees: 1263
  • Condo Fee Frequency: Quarterly
  • Maintenance: Cable, Insurance, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Master Association Fee Incl, Pest Control Exterior, Sewer, Street Lights, Trash Removal, Water
  • Master Hoa Fee: 25
  • Master HOA Fee Frequency: Quarterly
  • Development Name: LELY RESORT

Association/Amenities

  • Pets: With Approval
  • Development: Lely Resort
  • Amenities: BBQ - Picnic, Bike And Jog Path, Cabana, Community Pool, Community Room, Community Spa/Hot tub, Vehicle Wash Area
  • Community Type: Condo/Hotel, Non-Gated
  • Units In Building: 32
  • Total Number of Units: 64

Fee Information

  • Transfer Fees: 500.00
  • Application Fee: 150.00

Lot Info

  • Builder Product: No
  • Section: 34
  • Total Area: 1000
  • Waterfront: No
  • Rear Exposure: West
  • Lot Description: Other
  • Parcel Number: 27775001485

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 52
  • Min Days Of Lease: 7

Tax Info

  • Tax Description: County Only
  • Tax District Type: Community Development District
  • Taxes: 3035.35
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2023
Closed on
Oct 17, 2023
Sold by
Franzese Antonio and Franzese Pina L
Bought by
Cosgrove Christopher J and Cosgrove Ellen Rebstock
Seller's Agent
John Spring
London Foster Realty
Buyer's Agent
John Spring
London Foster Realty
List Price
$359,000
Sold Price
$355,000
Premium/Discount to List
-$4,000
-1.11%
Views
45
Current Estimated Value
$306,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$48,114
Avg. Annual Appreciation
-5.53%

Purchase Details

Listed on
Sep 4, 2016
Closed on
Mar 27, 2017
Sold by
Arruda Carlos D and Barao Maria F
Bought by
Franzese Antonio and Franzese Pina L
Seller's Agent
Robin Hill
John R Wood Properties
Buyer's Agent
Robert Povilaitis
INACTIVE AGENT ACCT
List Price
$185,000
Sold Price
$173,000
Premium/Discount to List
-$12,000
-6.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.58%

Purchase Details

Closed on
Jun 17, 2005
Sold by
Duncan William M and Duncan Denise M
Bought by
Darruda Carlos and Barao Maria F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,100
Interest Rate
5.46%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Cosgrove Christopher J $355,000 Citizens Title
Franzese Antonio $173,000 Attorney
Darruda Carlos $299,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Darruda Carlos $242,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2023 10/17/23 Sold $355,000 -1.1% $355 / Sq Ft
09/19/2023 09/19/23 Pending -- -- --
08/29/2023 08/29/23 For Sale $359,000 +107.5% $359 / Sq Ft
03/27/2017 03/27/17 Sold $173,000 -6.5% $173 / Sq Ft View Prior Sale
02/10/2017 02/10/17 Pending -- -- --
01/27/2017 01/27/17 Price Changed $185,000 0.0% $185 / Sq Ft
01/27/2017 01/27/17 For Sale $185,000 -1.6% $185 / Sq Ft
01/19/2017 01/19/17 Pending -- -- --
11/14/2016 11/14/16 Price Changed $188,000 -5.5% $188 / Sq Ft
09/04/2016 09/04/16 For Sale $199,000 -- $199 / Sq Ft
Source: Naples Area Board of REALTORS®

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 $4,102 $275,000 -- $275,000
2024 $3,202 $320,000 -- $320,000
2023 $3,202 $194,810 $0 $0
2022 $3,035 $177,100 $0 $0
2021 $2,655 $161,000 $0 $161,000
2020 $2,561 $156,000 $0 $156,000
2019 $2,574 $156,000 $0 $156,000
2018 $0 $156,000 $0 $156,000
2017 $2,241 $128,865 $0 $0
2016 $2,078 $117,150 $0 $0
2015 $1,886 $106,500 $0 $0
2014 $1,905 $106,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 223062230

Naples Area Board of REALTORS®

APN: 27775001485

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