$1,850,000

Estimated payment $10,485/month

Total Views 439
8 Beds
6 Baths
3,778 Sq Ft
$490 Price per Sq Ft

Highlights

  • Deck
  • Impact Glass
  • Ceiling Fan
  • Naples High School Rated A
  • Central Heating and Cooling System
  • Rectangular Lot

About This Home

An exceptional investment opportunity that seamlessly blends luxurious living with the liberating advantage of no HOA fees or restrictions. This exquisite 8-bedroom, 6-bath duplex offers a rare chance for discerning investors to acquire a property in a coveted location near the vibrant 5th Avenue and beautiful beaches of Naples. The duplex features an expansive design with two gourmet kitchens, two kitchenettes, and two double-car garages, providing unparalleled flexibility and convenience. With an innovate design, the ability to divide the two units into four becomes seamless. Constructed above flood-risk elevation, this newly built property exemplifies durability and quality with premium materials and a metal roof, ensuring minimal maintenance for years to come. Adding to its appeal, the property offers the ability to add a pool on each side or an additional structure at the rear, consisting of two one-bedroom apartments, further enhancing its income potential. For the creative buyer, this property provides the opportunity to convert the property into two distinct condominium units, offering future flexibility to sell each side individually or retain one while liquidating the other.

Listing Agent

Nick Solimene

William Raveis Real Estate License #249527959 Listed on: 09/01/2025

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,535

Year Built

  • Built in 2023

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 99 x 147 x 99 x 147
  • Street terminates at a dead end
  • Fenced
  • Rectangular Lot
  • Sprinkler System

Home Design

  • Duplex
  • Metal Roof
  • Stucco

Interior Spaces

  • 3,778 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Single Hung Windows
  • Vinyl Flooring
  • Impact Glass

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 10 / D
  • Assessor Parcel Number 70870720003

Community Details

Overview

  • 4 Units
  • Brookside Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $30,000
  • Net Operating Income $120,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,535

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.32
  • Lot Size: 99 x 147 x 99 x 147
  • Subdivision Name: BROOKSIDE
  • Architectural Style: Two Story
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built: 2023
  • Property Sub Type Additional: Duplex
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Private Spa: No
  • Full Bathrooms: 6
  • Total Bedrooms: 8
  • Flooring: Vinyl
  • Window Features: Impact Glass, Single Hung

Exterior Features

  • Lot Features: Rectangular Lot, Dead End, Sprinklers Automatic
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Deck, Fence, Sprinkler/Irrigation
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Metal

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 70870720003
  • Zoning Description: RMF-6

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Number Of Units Total: 4
  • Property Net Operating Income: 120000.0
  • Annual Operating Expense: 30000.0

Tax Info

  • Tax Annual Amount: 7534.78
  • Tax Block: D
  • Tax Lot: 10
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $7,535 $983,415 $301,926 $681,489
2024 $1,027 $647,417 -- --
2023 $1,027 $99,583 $99,583 $0
2022 $1,092 $99,583 $99,583 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2025 09/01/25 For Sale $1,850,000 -- --
Source: Florida Gulf Coast Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,900,000 Grey Street Title
Warranty Deed $1,900,000 Grey Street Title
Warranty Deed -- Title Specialists
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $929,850 New Conventional
Previous Owner $750,000 Construction
Source: Public Records

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 225067783

Florida Gulf Coast Multiple Listing Service

APN: 70870720003