$5,700,000
SOLD DEC 21, 2018
5 Beds
5.5 Baths
7,165 Sq Ft
2004 Built

Recently Sold

$796 Per Sq Ft

9% Below List Price

491 Days on Market

Highlights

  • Dock Available
  • Beach
  • Fitness Center
  • Tommie Barfield Elementary School Rated A
  • Fishing Pier
  • Gated with Attendant

About This Home

As of December 2018

Magnificent penthouse residence offering the ultimate in Gulf front living. Sophisticated coastal elegance , distinctive architectural details, lavish upgrades, specialty electronics, exquisite furnishings, & incredible attention to detail craftmanship & function all abound in this extraordinary one of a kind beach estate in the sky. Enjoy panoramic views of the Gulf & 10,000 Islands. Exquisitely designed by renowned designer Collins Dupont. Stunning marble floors with intricate glass inlay, luxurious yet comfortable furnishings, extensive faux finishes, lavish coffered ceilings with intricate artisan detailing, elaborate artwork, rich fabrics, one touch lighting ,extensive custom built-ins, moldings & trim plus so much more. No expense was spared in the impeccable design process. The sprawling interior makes entertaining a pleasure with grand salon, formal dining area, kitchen & family room flowing effortlessly together & opening up to the outside living spaces. Truly an architectural masterpiece for the most discriminating buyer. Rare private 2 car garage immediately adjacent to elevator included (see private remarks for approx garage value).Amazing community amenities

Last Agent to Sell the Property

Kristine Bareis

Gulfshore Realty Inc Listed on: 07/01/2017

Last Buyer's Agent

Michael Bates

RE/MAX Alliance Group License #3230898

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $34,507

Year Built

  • Built in 2004

Lot Details

  • South Facing Home
  • Landscaped

Parking

  • 2 Car Attached Garage
  • Tuck Under Parking
  • Garage Door Opener

Home Design

  • Turnkey
  • Concrete Block And Stucco Construction

Interior Spaces

  • 7,165 Sq Ft Home
  • Wet Bar
  • Custom Mirrors
  • Fireplace
  • Shutters
  • Sliding Windows
  • Formal Dining Room
  • Pest Guard System

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Custom Closet System
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Spa
  • Dock Available

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Tract Number 19
  • Assessor Parcel Number 23896502744

Community Details

Overview

  • Property has a Home Owners Association
  • Application Fee Required
  • $1,553 Maintenance Fee
  • Association fees include cable TV, ground maintenance, pest control, security, trash, water, sewer
  • 148 Units
  • High-Rise Condominium
  • Belize Community
  • Belize At Cape Marco A Condo Subdivision
  • Park Phone (239) 642-1494
  • Property managed by Tom Draper
  • The community has rules related to no truck, recreational vehicles, or motorcycle parking, no motorcycles, no recreational vehicles or boats, vehicle restrictions
  • Car Wash Area
  • 24-Story Property

Amenities

  • Bike Room

Recreation

  • Fishing Pier
  • Beach
  • Recreation Facilities
  • Community Spa

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction: 25 lbs, 17" for owners only

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Phone Entry
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$34,507

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Belize At Cape Marco A Condo
  • Directions: Collier Blvd S to Cape Marco gated entrance , Proceed around fountains to Belize/Cozumel ramp up. Parking just past Belize formal entry. Sign in at front desk . Elevator 05/06 to the right of front desk.
  • Building Name: BELIZE
  • Garage Yn: Yes
  • Year Built: 2004
  • Listing Information:Community: Marco Island
  • Listing Information:Subarea Type: Beach
  • Location Tax and Legal:Parcel Number: 23896502744
  • Location Tax and Legal:Tax Annual Amount: 34507.0
  • Location Tax and Legal:Tax Year: 2018
  • General Property Information:Condominium Name: BELIZE
  • General Property Information:Stories Total: 24
  • General Property Information:Unit Floor: 22
  • General Property Information:Furnished: Turnkey
  • General Property Information:AC SqFt: 7165.0
  • General Property Information:Bathrooms Half: 1
  • General Property Information:Rear Exposure: South
  • General Property Information:Community Pool: Yes
  • General Property Information:HOA YN: Yes
  • General Property Information:Application Fee: 100.0
  • General Property Information:Maintenance Fee Per Month: 1553.0
  • Contract Information:Management Firm: Tom Draper
  • Contract Information:Manager Phone: 239-642-1494
  • General Information Details:Number Of Units Total: 148
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Approval:Application Fee3: Yes
  • Cooling:Central Air: Yes
  • Dining Area:Breakfast Bar: Yes
  • Dining Area:Family-Dining Room: Yes
  • Maintenance Includes:Cable TV: Yes
  • Maintenance Includes:Landscaping: Yes
  • Maintenance Includes:Management: Yes
  • Maintenance Includes:Trash: Yes
  • Restrictions:No BoatTrailer: Yes
  • Restrictions:No Motor Home: Yes
  • Restrictions:No Motorcycles: Yes
  • Restrictions:No TrucksRvs: Yes
  • Pets Allowed:With Approval: Yes
  • Pets Allowed:Pet Restrictions2: 25 lbs, 17" for owners only
  • Dining Area:Separate Dining Room: Yes
  • Primary BedroomBath Description:Bath Jetted: Yes
  • Primary BedroomBath Description:Double Vanity: Yes
  • Primary BedroomBath Description:Primary Downstairs: Yes
  • Primary BedroomBath Description:Separate Tub Shower: Yes
  • View:Gulf: Yes
  • General Property Information:Vehicle Restriction YN: Yes
  • Floor:Carpet: Yes
  • Floor:Wood: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer: Yes
  • Maintenance Includes:Water: Yes
  • Security Features:Gated with Guard: Yes
  • Maintenance Includes:Security: Yes
  • Primary BedroomBath Description:Bidet: Yes
  • Dock:Available: Yes
  • Floor:Marble: Yes
  • Maintenance Includes:Recreation Facilities: Yes
  • Security Features:Phone Entry: Yes
  • Unit Design:High Rise: Yes
  • Security Features:Owner Locked Elevator: Yes
  • Special Features: VirtualTour
  • Stories: 24

Interior Features

  • Furnished: Turnkey
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Wine Cooler
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Carpet, Marble, Wood
  • Interior Amenities: Custom Cabinets, Custom Closets, Custom Mirror, Fireplace, Laundry Tub, Pantry, Walk-In Closet(s), Wet Bar, Breakfast Bar, Bidet, Double Vanity
  • Living Area: 7165.0
  • Stories: 24
  • Window Features: Manual Shutters, Sliding, Window Coverings
  • Appliances Dishwasher: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Range3: Yes
  • Appliances:Wine Cooler: Yes
  • Interior Features:Custom Cabinets: Yes
  • Interior Features:Custom Closets: Yes
  • Interior Features:Custom Mirror: Yes
  • Interior Features:Laundry Tub: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Wet Bar: Yes
  • Security Features:Gated Community: Yes

Exterior Features

  • View: Gulf
  • Waterfront Features: Beach Access
  • Waterfront: Yes
  • Construction Type: Concrete Block Structure
  • Construction Materials:Concrete Block Structure: Yes
  • Window and Door Features:Sliding: Yes
  • Window and Door Features:Manual Shutters: Yes
  • Window and Door Features:Window Coverings: Yes
  • Waterfront Features:Beach Access: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener, Under Building Close
  • General Property Information:Garage Spaces: 2
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Under Building Close: Yes

Utilities

  • Security: Phone Entry, Owner Locked Elevator, Gated with Guard, Gated Community
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Central Heating
  • Heating Yn: Yes
  • Heating:Central Heating: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool
  • Amenities: Bike Storage, Car Wash Area, Clubhouse, Fishing Pier, Fitness Center, Pool, Sauna, Spa/Hot Tub
  • Association: Yes
  • Pets Allowed: With Approval

Association/Amenities

  • Association Amenities:Pool: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:SpaHot Tub3: Yes
  • Association Amenities:Sauna: Yes
  • Association Amenities:Fishing Pier: Yes
  • Association Amenities:Bike Storage: Yes
  • Association Amenities:Car Wash Area: Yes

Fee Information

  • Association Fee Includes: Cable TV, Maintenance Grounds, Pest Control, Security, Trash, Water, Sewer

Lot Info

  • Parcel #: 23896502744

Multi Family

  • Number Of Units In Community: 148

Tax Info

  • Tax Annual Amount: 34507.0
  • Tax Book Number: 3567
  • Tax Tract: 19
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2017
Closed on
Dec 21, 2018
Sold by
Carpenter Keith J
Bought by
Byrd Brian Keith
Seller's Agent
Kristine Bareis
Gulfshore Realty Inc
Buyer's Agent
Michael Bates
RE/MAX Alliance Group
List Price
$6,250,000
Sold Price
$5,700,000
Premium/Discount to List
-$550,000
-8.8%
Current Estimated Value
$7,925,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,225,634
Avg. Annual Appreciation
5.12%
Original Mortgage
$3,990,000
Outstanding Balance
$3,475,605
Interest Rate
3.65%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,450,029
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 $5,700,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,990,000 Adjustable Rate Mortgage/ARM
Previous Owner -- No Value Available
Previous Owner $250,000 Credit Line Revolving
Previous Owner $0 Credit Line Revolving
Previous Owner $0 Future Advance Clause Open End Mortgage
Previous Owner $4,000,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2018 12/21/18 Sold $5,700,000 -8.8% $796 / Sq Ft
11/05/2018 11/05/18 Pending -- -- --
07/01/2017 07/01/17 For Sale $6,250,000 -- $872 / Sq Ft
Source: Marco Island Area Association 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 $43,097 $4,395,675 $0 $0
2022 $40,736 $3,814,250 $0 $0
2021 $37,519 $3,467,500 $0 $3,467,500
2020 $35,355 $3,285,000 $0 $3,285,000
2019 $36,021 $3,285,000 $0 $3,285,000
2018 $34,507 $3,139,000 $0 $3,139,000
2017 $32,509 $2,920,000 $0 $2,920,000
2016 $32,939 $2,920,000 $0 $0
2015 $33,868 $2,920,000 $0 $0
2014 $32,979 $2,810,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Source: Marco Island Area Association of REALTORS®

MLS Number: 2171621

APN: 23896502744