1550 N Gulf Shore Blvd #5E Naples, FL 34102
1550 N Gulf Shore Blvd #5E Naples, FL 34102 | MLS 223088808 Photo 1
For more information on this listing, contact us at: 239-908-0600
Sold
$350,000
-18.6%

1550 N Gulf Shore Blvd #5E Naples, FL 34102

Low Rise (1-3) Property Type
1 Beds
1 Full 1 Half Baths
859 Sq. Ft.
1963 Year Built
Collier County
View All Property Details
Nestled in serene Coquina Sands, Lago Mar is a charming Bayfront CO-OP delivering timeless allure. Only 16 units in this twin two-story buildings, offering intimate living across the beach. Approx 870 sq ft, this ground-floor 1 bedrm + den & 1.5 bath unit overlooks Moorings Bay, perfect for daily relaxation. Undergoing a thorough renovation, expect modern upgrades like SS appliances, quartz countertops, polished concrete flooring, 2 heating/cooling mini split systems, a versatile lanai usable as an office/den & IMPACT windows & doors. Plus, an in-residence laundry room adds convenience.
Indulge in coastal living w/ amenities like a fishing pier & wooden dock allowing 3-day boat tie-up. Enjoy proximity to Naples' attractions: the beach, bay, and a short bike ride to Naples Pier, 5th Avenue restaurants, and 3rd street shopping. In 2025, the Naples Beach Club, a Four Seasons Resort, will elevate the area. This unit is scheduled for completion by March/April 2024, this renovation presents a unique opportunity for the discerning buyer to customize some items or stick with our design choices. Embrace this opportunity for a personalized coastal haven at Lago Mar.
MLS # 223088808
Monthly HOA N/A
Date Sold 3/27/2024
Last Updated 6/21/2024

Location

Contact Agent

Mark Washburn

Mark Washburn

239-908-0600

Property Details

Community Information

Address 1550 N Gulf Shore Blvd #5E, Naples, FL 34102
Area NA05 - Seagate Dr to Golf Dr
County Collier
City Naples
Subdivision Lago Mar
Zip Code 34102
Development COQUINA SANDS

Architecture

Unit Number #5E
Bedrooms 1
Bathrooms 1 Full / 1 Half
Year Built 1963
Stories 2
Style Two Story, Low Rise
Construction Materials Block, Concrete, Stucco
Building Area 859.0
Status Type Resale Property
Roof Built-Up, Flat
Parking Features Assigned, Guest, One Space

Features / Amenities

Interior Features Built-in Features, Closet Cabinetry, DualSinks, Living/Dining Room, Main Level Master, ShowerOnly, Separate Shower, Cable TV
Appliances Built-In Oven, Cooktop, Dishwasher, Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Wine Cooler
Flooring Concrete
Furnished Unfurnished
Laundry Washer Hookup, DryerHookup, Inside
Room Type Den, GreatRoom
Restrictions Deeded, Limited Number Vehicles, No Corporate Buyer, No Commercial, No Motorcycles, No RV
Exterior Features Security/High Impact Doors
Direction Faces West
Entry Level 1
Security Features Smoke Detector(s)
Window Impact Glass
Community Features Non-Gated
Cooling Wall Unit(s), Zoned
Heating Wall Furnace, Zoned
Total Rooms 6

Property Features

Lot Features Zero Lot Line
Waterfront Bay Access, Navigable Water
View Bay
Gulf Access Bridges, WaterIndirect
Sewer Public Sewer
Water Public
Directions Head north on 9th St N/Tamiami Trail N toward 7th Ave N, Turn left onto Banyan Blvd, At the traffic circle, continue straight to stay on Banyan Blvd, Turn right onto Gulf Shore Blvd N, Destination will be on the right

Tax and Financial Info

Tax Year 2023
Tax Annual Amount $945.63
Buyer Financing Cash
Terms Cash
Land Lease $885.84 (paid Quarterly)
Leases Per Year 1
Total Annual Recurring Fees $8,760
Total One Time Fees $150
Condo Fee $1,304.12 (paid Quarterly)
Application Fee $150
Disclosures Disclosure on File, Owner Is Listing Agent, RVRestrictions, Seller Disclosure
Association Fee Includes Insurance, IrrigationWater, Legal/Accounting, Maintenance Grounds, Pest Control, Reserve Fund, Sewer, Trash, Water
Association Amenities Boat Dock, Pier

Price Change History

Date Old Price New Price Percent Change
2/2/2024 $440,000 $430,000
-2.3%
3/28/2024 $430,000 $350,000
-18.6%

Schools

Walking and Transportation

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Listing Information Last Updated 6/21/2024
Listing provided courtesy of Downing Frye Realty Inc. (239-261-2244).
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