NOT LISTED FOR SALE

Estimated Value: $662,000 - $833,072

4 Beds
2 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold December 29, 2023

Last sale price $895,000

Est. 9% decrease in value since last sale

Current estimated payment $4,609/month

335 Days on Market

Highlights

  • End Unit
  • Corner Fireplace
  • Concrete Block With Brick
  • Sea Gate Elementary School Rated A
  • High Impact Windows
  • Patio

About This Home

As of December 2023

EXCELLENT INCOME POTENTIAL!! You're going to love this one owner duplex less than 2 miles from the beach. Both units are fully furnished and are being offered turnkey. In addition to the two bedrooms in each unit, you have an office to conduct business, if needed! This gem has it all - top of the line appliances and finishes, coastal decor with artwork from local artists, fenced-in backyard with water mist to cool off, beautiful mature landscaping with ample outdoor seating and lighting in the evening, extra parking for RV or boat behind fence. All of this and more, just minutes away from top rated golf courses, world-class shopping and dining. NO HOA, NO RENTAL RESTRICTIONS. Unit 1072 vacation rental history: $173,000+ (2019-2023). This property has excellent rental history and reviews. Vacation rental profile is managed by Evolve and transfers to new owner. Seller financing available with cash offer. See remarks.

Last Agent to Sell the Property

Ann Golden

Realty One Group MVP License #NAPLES-258020788 Listed on: 12/17/2022

Last Buyer's Agent

John Krol

Realty World Top Producers Rlt License #NAPLES-249514561

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,774

Year Built

  • Built in 1970

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions: 100
  • End Unit
  • Privacy Fence
  • Fenced
  • Paved or Partially Paved Lot
  • Sprinkler System

Home Design

  • Duplex
  • Concrete Block With Brick
  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Corner Fireplace
  • Tile Flooring
  • High Impact Windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Shower
  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for departure cleaning, management fees
  • Assessor Parcel Number 63405280006
  • Tax Block 9

Community Details

Overview

  • 2 Units
  • Naples Twin Lakes Condos
  • Naples Twin Lakes Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,774

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Legal Description: NAPLES TWIN LAKES BLK 9 LOT 1 OR 707 PG 534
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.202823$-81.797478$118.26$13.33$1.00$0Cs9-v5-QLscIG7YWtoUSw
  • Building Design: Duplex
  • Building Description: Corner, Duplex, End-Unit
  • Year Built: 1970
  • Property Information: EXCELLENT INCOME POTENTIAL!! You're going to love this one owner duplex less than 2 miles from the beach. Both units are fully furnished and are being offered turnkey. In addition to the two bedrooms in each unit, you have an office to conduct business, if needed! This gem has it all - top of the line appliances and finishes, coastal decor with artwork from local artists, fenced-in backyard with water mist to cool off, beautiful mature landscaping with ample outdoor seating and lighting in the evening, extra parking for RV or boat behind fence. All of this and more, just minutes away from top rated golf courses, world-class shopping and dining. NO HOA, NO RENTAL RESTRICTIONS. Unit 1072 vacation rental history: $173,000+ (2019-2023). This property has excellent rental history and reviews. Vacation rental profile is managed by Evolve and transfers to new owner. Seller financing available with cash offer. See remarks.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Flooring: Tile
  • Windows: Impact Resistant

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block, Wood Frame
  • Irrigation: Central
  • Road: County Maintained, Paved Road, Public Road
  • Exterior Features: Extra Building, Fence, Outdoor Shower, Patio, Privacy Wall, Sprinkler Auto
  • Exterior Finish: Stucco

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Sewer: Septic
  • Water: Central

Association/Amenities

  • Pets: No Approval Needed
  • Development: Naples Twin Lakes
  • Community Type: Non-Gated
  • Units In Building: 2

Condo/Co-op/Association

  • Sub Condo Name: NAPLES TWIN LAKES
  • Development Name: NAPLES TWIN LAKES

Lot Info

  • Lot Back: 100
  • Lot Frontage: 100
  • Lot Left: 75
  • Lot Right: 75
  • Lot Unit: 1
  • Section: 15
  • Waterfront: No
  • Zoning Code: 08
  • Acres: 0.1700
  • Lot Description: Corner
  • Lot Dimensions: 100 X 75
  • Parcel Number: 63405280006

Rental Info

  • Tenant Pays: Departure Cleaning, Management Fees

Tax Info

  • Tax Description: County Only, Homestead, Other Exemptions
  • Taxes: 1773.98
  • Tax Year: 2022

Multi Family

  • Unit Count: 2
  • Total Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2022
Closed on
Dec 20, 2023
Sold by
Dewitt Michael A
Bought by
Shakeshaft Revocable Trust and Shakeshaft
Seller's Agent
Ann Golden
Realty One Group MVP
Buyer's Agent
John Krol
Realty World Top Producers Rlt
List Price
$999,999
Sold Price
$895,000
Premium/Discount to List
-$104,999
-10.5%
Views
172
Current Estimated Value
$816,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$78,903
Avg. Annual Appreciation
-6.17%
Source: Public Records

Range of Values:

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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
Shakeshaft Revocable Trust $895,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dewitt Michael A $100,000
Previous Owner Dewitt Michael A $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2023 12/29/23 Sold $895,000 -5.8% --
11/17/2023 11/17/23 Pending -- -- --
10/05/2023 10/05/23 Price Changed $950,000 -3.6% --
07/17/2023 07/17/23 Price Changed $985,000 -1.5% --
06/15/2023 06/15/23 For Sale $999,999 +11.7% --
03/22/2023 03/22/23 Off Market $895,000 -- --
03/04/2023 03/04/23 Pending -- -- --
12/17/2022 12/17/22 For Sale $999,999 -- --
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
2023 $1,949 $163,190 $0 $0
2022 $1,774 $151,843 $0 $0
2021 $1,450 $141,426 $0 $0
2020 $1,509 $132,673 $0 $0
2019 $1,349 $124,204 $0 $0
2018 $1,349 $116,621 $0 $0
2017 $1,264 $109,561 $0 $0
2016 $1,370 $103,071 $0 $0
2015 $1,130 $97,756 $0 $0
2014 $956 $40,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 223013806

Naples Area Board of REALTORS®

APN: 63405280006