NOT LISTED FOR SALE

Estimated Value: $2,800,000 - $3,450,000

3 Beds
3.5 Baths
3,105 Sq Ft
$1,951/mo HOA Fee

Last Sold December 13, 2023

Last sale price $3,200,000 $1,031 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $20,674/month

76 Days on Market

Highlights

  • Boat Dock
  • Penthouse
  • Two Primary Bedrooms
  • Lake Park Elementary School Rated A
  • Concrete Pool
  • 5-minute walk to Cambier Park

About This Home

As of December 2023

Welcome to Esmeralda on 8th, a boutique luxury condominium of only 6 units in the heart of Olde Naples. Walking distance to fantastic restaurants, shopping, Cambier Park, Naples Bay, Third Street South, & fabulous white sand beaches. Meticulously maintained, this elegant space with quality construction provides the perfect floor plan for full or part time living. Offering favorable lease terms for additional income. This penthouse unit lives like a single family home, w/ an appealing open concept great room that is flooded w/ natural light. Enjoy the Florida lifestyle while stepping onto multiple airy balconies w/ blue sky & tree top views. All this overlooks your private salt water pool surrounded by lush landscaping, set in a completely enclosed courtyard w/ private entry. Luxurious wide plank oak flooring, custom built closets, exquisite furniture package & more. Expansive owners' suite w/ Juliet balcony, private desk area, & an opulent bathroom retreat that's enveloped in marble finishes, exude elegance and functionality. Large guest rooms with beautiful ensuite baths, private elevator, secure building, 2 car attached garage w/ additional parking spaces. Available immediately!

Last Agent to Sell the Property

Yvonne Burnham

William Raveis Real Estate Listed on: 09/01/2023

William Raveis Real Estate

Last Buyer's Agent

Melinda Sullivan

Realty One Group MVP License #NAPLES-249517062

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,918

Year Built

  • Built in 2017

Lot Details

  • End Unit
  • South Facing Home
  • Privacy Fence
  • Fenced
  • Sprinkler System

HOA Fees

  • $1,951 Monthly HOA Fees

Parking

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

Home Design

  • Penthouse
  • Carriage House
  • Entry on the 3rd floor
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 3,105 Sq Ft Home
  • 2-Story Property
  • Custom Mirrors
  • Furnished
  • Furnished or left unfurnished upon request
  • Tray Ceiling
  • Ceiling Fan
  • Awning
  • Double Hung Windows
  • Floor-to-Ceiling Windows
  • Sliding Windows
  • Great Room
  • Combination Dining and Living Room
  • Storage

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Split Bedroom Floorplan
  • Built-In Bedroom Cabinets
  • Walk-In Closet
  • Dual Sinks
  • Bathtub With Separate Shower Stall
  • Multiple Shower Heads

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Intercom

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Balcony
  • Courtyard
  • Patio
  • Lanai

Utilities

  • Zoned Heating and Cooling
  • Smart Home Wiring
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 07294000107

Community Details

Overview

  • 6 Units
  • Low-Rise Condominium
  • Esmeralda On Eighth Condos
  • Olde Naples Community

Amenities

  • Restaurant
  • Lobby

Recreation

  • Boat Dock
  • Boating
  • Community Playground
  • Park
  • Dog Park

Pet Policy

  • Call for details about the types of pets allowed
  • 2 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

$19,918

Year Built

Built in 2017

Lot Details

0

HOA Fees

$1,951 per month

Parking

2

Listing Details

  • Legal Description: ESMERALDA ON EIGHTH A CONDOMINIUM UNIT 301
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.139036$-81.793492$170.00$13.33$1.00$otIezaOOy7pa2mVSen_64w
  • Building Design: Low Rise (1-3)
  • Building Description: Carriage/Coach, End-Unit, Penthouse
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 2017
  • Property Information: Welcome to Esmeralda on 8th, a boutique luxury condominium of only 6 units in the heart of Olde Naples. Walking distance to fantastic restaurants, shopping, Cambier Park, Naples Bay, Third Street South, & fabulous white sand beaches. Meticulously maintained, this elegant space with quality construction provides the perfect floor plan for full or part time living. Offering favorable lease terms for additional income. This penthouse unit lives like a single family home, w/ an appealing open concept great room that is flooded w/ natural light. Enjoy the Florida lifestyle while stepping onto multiple airy balconies w/ blue sky & tree top views. All this overlooks your private salt water pool surrounded by lush landscaping, set in a completely enclosed courtyard w/ private entry. Luxurious wide plank oak flooring, custom built closets, exquisite furniture package & more. Expansive owners' suite w/ Juliet balcony, private desk area, & an opulent bathroom retreat that's enveloped in marble finishes, exude elegance and functionality. Large guest rooms with beautiful ensuite baths, private elevator, secure building, 2 car attached garage w/ additional parking spaces. Available immediately!
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Furnished Description: Furnished
  • Num Unit Floor: 3
  • Price Per Sq Ft: 1030.60
  • Total Floors: 2
  • Additional Rooms: Balcony, Great Room, Guest Bath, Guest Room, Laundry in Residence, Open Porch/Lanai
  • Estimated Living Area: 3105
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedroom Description: First Floor Bedroom, Master BR Ground, Master BR Sitting Area, Split Bedrooms, Two Master Suites
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Breakfast Bar, Living Dining
  • Elevator: Private
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Dryer, Home Automation, Intercom, Microwave, Range, Refrigerator/Freezer, Refrigerator/Icemaker, Security System, Self Cleaning Oven, Smoke Detector, Washer, Wine Cooler
  • Flooring: Marble, Wood
  • Floor Plan: Courtyard, Great Room, Split Bedrooms
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Closet Cabinets, Custom Mirrors, Fire Sprinkler, Internet Available, Pantry, Smoke Detectors, Tray Ceiling, Walk-In Closet, Window Coverings
  • Kitchen: Pantry
  • Primary Bathroom: Dual Sinks, Multiple Shower Heads, Separate Tub And Shower
  • Windows: Awning, Double Hung, Impact Resistant, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Central
  • Road: Paved Road, Public Road
  • View: Landscaped Area
  • Exterior Features: Courtyard, Fence, Patio, Privacy Wall, Sprinkler Auto, Storage
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground, Concrete, Heated Electric, Salt Water System

Garage/Parking

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

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric, Zoned
  • Heat: Central Electric, Zoned
  • Security: Alarm, Entry Keypad, Secured Garage, Lobby
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: (239) 261-3440
  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Architectural, Deeded
  • Sub Condo Name: ESMERALDA ON EIGHTH
  • Condo Fees: 5853.71
  • Condo Fee Frequency: Quarterly
  • Maintenance: Insurance, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Master Association Fee Incl, Pest Control Exterior, Pest Control Interior, Repairs, Reserve, Security, Sewer, Street Lights, Street Maintenance, Trash Removal, Water
  • Development Name: OLDE NAPLES

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 2
  • Pets Limit Max Weight: 300
  • Pets Limit Other: No Weight Limits
  • Development: Olde Naples
  • Amenities: Community Boat Dock, Community Park, Dog Park, Play Area, Restaurant, Shopping, Sidewalk, Streetlight
  • Community Type: Boating, Condo/Hotel, Non-Gated
  • Units In Building: 6
  • Total Number of Units: 6

Fee Information

  • Application Fee: 150.00

Lot Info

  • Builder Product: No
  • Section: 9
  • Total Area: 5409
  • Waterfront: No
  • Rear Exposure: South
  • Lot Description: Other
  • Parcel Number: 07294000107

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 4
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: City And County, Homestead
  • Taxes: 19917.75
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2023
Closed on
Dec 13, 2023
Sold by
Matthew C Mcnamara Revocable Trust
Bought by
Diane M Sullivan Family Trust and Sullivan
Seller's Agent
Yvonne Burnham
William Raveis Real Estate
Buyer's Agent
Melinda Sullivan
Realty One Group MVP
List Price
$3,500,000
Sold Price
$3,200,000
Premium/Discount to List
-$300,000
-8.57%
Views
44
Current Estimated Value
$3,182,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,374
Avg. Annual Appreciation
-0.31%

Purchase Details

Listed on
Dec 31, 2019
Closed on
Feb 17, 2021
Sold by
Fl 5 Inc
Bought by
Mcnamara Matthew C and Mcnamara Matthew C
Seller's Agent
Heather Hobrock
Premier Sotheby's Int'l Realty
Buyer's Agent
Yvonne Burnham
William Raveis Real Estate
List Price
$2,095,000
Sold Price
$1,990,000
Premium/Discount to List
-$105,000
-5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.35%
Original Mortgage
$1,140,000
Interest Rate
3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Diane M Sullivan Family Trust $3,200,000 None Listed On Document
Mcnamara Matthew C $1,900,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcnamara Matthew C $1,140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2023 12/13/23 Sold $3,200,000 -8.6% $1,031 / Sq Ft
11/16/2023 11/16/23 Pending -- -- --
09/01/2023 09/01/23 For Sale $3,500,000 +75.9% $1,127 / Sq Ft
02/17/2021 02/17/21 Sold $1,990,000 -0.3% $659 / Sq Ft
12/30/2020 12/30/20 Pending -- -- --
12/02/2020 12/02/20 Price Changed $1,995,000 -4.8% $661 / Sq Ft
10/20/2020 10/20/20 For Sale $2,095,000 0.0% $694 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
07/16/2020 07/16/20 Price Changed $2,095,000 -2.3% $694 / Sq Ft
07/02/2020 07/02/20 Price Changed $2,145,000 -4.5% $711 / Sq Ft
02/27/2020 02/27/20 Price Changed $2,245,000 -2.2% $744 / Sq Ft
12/31/2019 12/31/19 For Sale $2,295,000 -- $760 / 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 $22,991 $2,582,280 -- $2,582,280
2024 $19,498 $2,522,200 -- $2,522,200
2023 $19,498 $2,145,500 $0 $0
2022 $19,918 $2,069,751 $0 $0
2021 $17,148 $1,671,120 $0 $1,671,120
2020 $17,117 $1,686,140 $0 $1,686,140
2019 $17,151 $1,671,120 $0 $1,671,120
2018 $16,043 $1,566,000 $0 $1,566,000
2017 $15,516 $1,505,920 $0 $1,505,920
2016 $2,090 $202,020 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 223063430

Naples Area Board of REALTORS®

APN: 07294000107