Cap Ferrat Past Sales
Cap Ferrat at Pelican Bay Past Sales
Cap Ferrat Information
Cap Ferrat Condos For Sale Floor PlansCap Ferrat Historical Sales
Cap Ferrat Penthouse Record
As of July 11, 2023, the most notable sale in Cap Ferrat at Pelican Bay sold in November 2010. PH15 sold furnished for $5,250,000 after 226 days on the market. 2010 was the bottom of the Pelican Bay market during that trend. Interior conditions could be described as traditional, with many high-end finishes. Most Cap Ferrat buyers would have described the decor as luxurious and current at the time of the sale. This unit sold for a whopping $1,550,000, less than the full list price.
Standard Unit Record
The record-breaking Cap Ferrat at Pelican Bay traditional-sized condo occurred when 6597 Nicholas Blvd. #904 sold unfurnished for $4,450,000 in February 2022. This condo featured 3,650 square feet, four bedrooms, a den, four baths, and two parking spaces. While no visual representation regarding the condition of the unit was disclosed, Collier County permitting shows evidence of an extensive renovation permitted in 2013, including kitchen, plumbing, electrical, and sprinkler system changes. This likely suggest changes to the original floor plan took place and were likely due to opening up the kitchen.
Future Opportunities In Cap Ferrat
Breaking the record in Cap Ferrat could be achieved easiest if a high-floor condo featuring a larger floor plan was recently remodeled using popular high-end finishes. An attractive furniture package on a lower floor offering the same finishes may also achieve this objective. This condo would likely need to hit the market when favorable market conditions are present, similar to the peak market trend experienced during 2021-2022.
Best Deal
The least expensive Cap Ferrat condo sale ocurred in April 2004 when 6597 Nicholas Blvd. #502 closed for $870,000. This condo was an agent-owned investment opportunity due to its decorator-ready offering. Features included 2,225 square feet, three bedrooms, three baths, and two parking spaces. It took 132 days to sell and sold with a $29,000 discount.
To determine the value of your Cap Ferrat condo or for more information about Cap Ferrat, contact Shannon today!