NOT LISTED FOR SALE

Estimated Value: $4,455,000 - $6,783,000

3 Beds
3.5 Baths
4,001 Sq Ft
$2,639/mo HOA Fee

Last Sold June 15, 2021

Last sale price $5,500,000 $1,375 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $41,294/month

2 Days on Market

Highlights

  • Concierge
  • Community Beach Access
  • Private Beach
  • Naples Park Elementary School Rated A-
  • Property fronts gulf or ocean
  • 1-minute walk to Delnor-Wiggins Pass State Park

About This Home

As of June 2021

Moraya Bay

Last Agent to Sell the Property

Teale Mueller

Luxe Naples Real Estate Listed on: 05/20/2021

Co-Listed By

Lori Pheasant

Luxe Naples Real Estate

Last Buyer's Agent

Inga Lodge

Luxe Naples Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $44,115

Year Built

  • Built in 2009

Lot Details

  • Property fronts gulf or ocean
  • Private Beach
  • East Facing Home

HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor
  • Concrete Block With Brick
  • Poured Concrete
  • Silver Rolled Roof
  • Stucco

Interior Spaces

  • 4,001 Sq Ft Home
  • Custom Mirrors
  • Wired For Sound
  • Coffered Ceiling
  • Tray Ceiling
  • Solar Tinted Windows
  • Shutters
  • Double Hung Windows
  • Entrance Foyer
  • Family or Dining Combination
  • Wood Flooring
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Warming Drawer
  • Microwave
  • Ice Maker
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal
  • Reverse Osmosis System
  • Instant Hot Water

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Jetted Tub in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Lanai

Schools

  • Naples Park Elementary School
  • Pine Ridge Middle School
  • Barron Collier High School

Utilities

  • Central Heating and Cooling System
  • Smart Home Wiring
  • Sewer Assessments
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 23450000103

Community Details

Overview

  • $50,000 Secondary HOA Transfer Fee
  • 72 Units
  • High-Rise Condominium
  • Moraya Bay Condos
  • Car Wash Area
  • 11-Story Property

Amenities

  • Concierge
  • Restaurant
  • Trash Chute
  • Business Center
  • Community Storage Space

Recreation

  • Community Beach Access
  • Beach Club Membership Available
  • Exercise Course
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$44,115

Year Built

Built in 2009

Lot Details

0

HOA Fees

$2,639 per month

Parking

1

Listing Details

  • Legal Description: BEACH TOWER AT MORAYA BAY, THE A CONDOMINIUM UNIT 305
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.27195$-81.826832$221.43$13.33$1.00$CAoSLEFGMVFpcE9LWHRyYUpvbGkzZnNxUjkyb0N1OTJlT0JzcWp3M1k3VkU3TS1L
  • Building Design: High Rise (8+)
  • Building Description: Contemporary
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows, Shutters - Manual
  • Year Built: 2009
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 11

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 3
  • Price Per Sq Ft: 1374.66
  • Total Floors: 11
  • Additional Rooms: Open Porch/Lanai
  • Estimated Living Area: 4001
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Breakfast Bar, Family Dining
  • Elevator: Private
  • Equipment: Cooktop - Gas, Dishwasher, Disposal, Double Oven, Dryer, Home Automation, Stand-Alone Ice Maker, Instant Hot Faucet, Microwave, Refrigerator/Freezer, Refrigerator/Icemaker, Reverse Osmosis, Smoke Detector, Warming Tray, Washer
  • Flooring: Wood
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Coffered Ceiling, Custom Mirrors, Fire Sprinkler, Foyer, High Speed Available, Smoke Detectors, Surround Sound Wired, Tray Ceiling, Walk-In Closet, Window Coverings
  • Primary Bathroom: Jetted Tub, Separate Tub And Shower
  • Windows: Double Hung, Solar Tinted

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Rolled Roof
  • Construction: Concrete Block, Poured Concrete
  • Irrigation: Assessment Paid
  • View: Gulf
  • Exterior Finish: Stucco
  • Waterfront Type: Gulf Frontage

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Approval: Application Fee
  • Management: On-Site
  • Mandatory HOA: No
  • Restrictions: Architectural
  • Sub Condo Name: MORAYA BAY
  • Maintenance: Concierge Service, Insurance, Internet/WiFi Access, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Reserve, Security, Sewer, Trash Removal, Water
  • Master Hoa Fee: 5241
  • Master HOA Fee Frequency: Quarterly
  • Club Fee Mandatory: 10700
  • Club Fee Mandatory Frequency: Annually

Association/Amenities

  • Pets: No Approval Needed
  • Development: Vanderbilt Beach
  • Amenities: Beach - Private, Beach Access, Beach Club Available, Business Center, Community Pool, Concierge Services, Exercise Room, Extra Storage, Internet Access, Restaurant, Streetlight, Trash Chute, Vehicle Wash Area
  • Community Type: Gated
  • Units In Building: 72
  • Total Number of Units: 72

Fee Information

  • Transfer Fees: 50000.00
  • Application Fee: 100.00

Schools

  • Elementary School: Naples Park Elementary School
  • High School: Barron Collier High School
  • Middle School: Pine Ridge Middle School

Lot Info

  • Builder Product: No
  • Section: 29
  • Total Area: 4737
  • Waterfront: Yes
  • Rear Exposure: East
  • Lot Description: Irregular Shape
  • Parcel Number: 23450000103

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 12
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: County Only
  • Taxes: 44115.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jun 5, 2021
Sold by
Corace Richard F
Bought by
Jn 2002 Ft 305 Llc
Seller's Agent
Teale Mueller
Luxe Naples Real Estate
Buyer's Agent
Inga Lodge
Luxe Naples Real Estate
List Price
$5,500,000
Sold Price
$5,500,000
Current Estimated Value
$6,552,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,052,623
Avg. Annual Appreciation
1.97%

Purchase Details

Closed on
Apr 15, 2021
Sold by
Corace Richard F and Corace Heather M
Bought by
Corace Richard F

Purchase Details

Closed on
Jan 9, 2014
Sold by
Vi Ltd Limited Partnership
Bought by
Corace Richard F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,110,606
Interest Rate
4.29%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jn 2002 Ft 305 Llc $5,500,000 Accommodation
Corace Richard F -- Accommodation
Corace Richard F $3,400,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Corace Richard F $2,110,606
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2021 06/15/21 Sold $5,500,000 0.0% $1,375 / Sq Ft
05/22/2021 05/22/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $5,500,000 -- $1,375 / 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 $52,698 $5,251,425 -- $5,251,425
2024 $53,800 $5,251,425 -- $5,251,425
2023 $53,800 $5,217,424 $0 $5,217,424
2022 $57,250 $5,222,024 $0 $5,222,024
2021 $45,686 $4,001,100 $0 $4,001,100
2020 $44,115 $3,901,075 $0 $3,901,075
2019 $44,434 $3,901,075 $0 $3,901,075
2018 $42,085 $3,701,000 $0 $3,701,000
2017 $42,415 $3,701,000 $0 $3,701,000
2016 $38,951 $3,400,925 $0 $0
2015 $36,040 $3,100,850 $0 $0
2014 $35,259 $3,000,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Naples Area Board of REALTORS®

MLS Number: 221045993

Naples Area Board of REALTORS®

APN: 23450000103