$1,700,000
$51K PRICE INCREASE

1185 Cherrystone Ct Unit A Naples, FL 34102

Royal Harbor Neighborhood

Estimated payment $9,966/month

Total Views 4,637
8 Beds
8 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Water access To Gulf or Ocean
  • Boat Slip
  • Deck
  • Lake Park Elementary School Rated A
  • Home fronts a canal
  • Ranch Style House

About This Home

Turn-Key Quadplex in Royal Harbor – Canal Front & Fully Renovated
Investor’s dream in prestigious Royal Harbor! This rare quadplex package includes four fully updated 2 bed/2 bath units (956 sq ft each), all with separate tax IDs and legal descriptions—sold together as one investment.
Three units rented at $2,600/month, with the fourth vacant and ready to show or lease. Enjoy 75 feet of canal frontage with a brand-new dock and patio—perfect for boaters. Bring your boats or lease the dock space for additional income. Over $125K in renovations done in 2023 including:• New kitchens & updated baths in all units • All-new tile flooring• $60K dock and outdoor upgrades.2025 advanced floor control measures were installed on the property, engineered to withstand floodwaters of at least 4 feet and rigorously hurricane tested.
Minutes from 5th Ave, beaches, and top-tier amenities. Strong potential cash flow, prime location, and no work needed—just invest and collect.

Listing Agent

Scott Welkenbach

Berkshire Hathaway FL Realty Listed on: 05/15/2025

Berkshire Hathaway FL Realty

Co-Listing Agent

Celene Evans Galvan

Berkshire Hathaway FL Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,393

Year Built

  • Built in 1983

Lot Details

  • 10,019 Sq Ft Lot
  • 75 Ft Wide Lot
  • Home fronts a canal
  • Rectangular Lot

Home Design

  • Quadruplex
  • Ranch Style House
  • Poured Concrete
  • Shingle Roof
  • Stucco

Flooring

  • Tile Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Outdoor Features

  • Water access To Gulf or Ocean
  • Boat Slip
  • Deck

Utilities

  • Central Air
  • Heating Available
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 05430040004

Community Details

Overview

  • 4 Units
  • Cherrystone Court Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,393

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1983
  • Property Sub Type: Quadruplex
  • Community Features: Street Lights
  • Horses: No
  • Lot Features: Regular
  • Park Name: OYSTER BAY
  • Is Senior Community?: No
  • Association Amenities: Internet Access, Streetlight
  • Co List Office Mls Id: NBHHS
  • Co List Office Phone: 239-659-2400
  • Co List Office Mls Id: NBHHS
  • Standard Status: Active
  • Subdivision Name: CHERRYSTONE COURT
  • Architectural Style: Ranch, Quadraplex
  • Has Fireplace?: No
  • Is New Construction?: No
  • Structure Type: Quadruplex
  • Golf Type: No Golf Available
  • Elevator: None
  • Boat Access: Boat Slip
  • LastChangeTimestamp: 2025-11-14T20:37:25.220Z
  • Community Type: Boating
  • BridgeModificationTimestamp: 2025-11-14T20:41:15.581Z
  • ListAgent_MUI: 7514527
  • CDOM: 183
  • Gulf Access Type: No Bridge(s)/Water Direct
  • Building Desc: 1 Story/Ranch
  • DOM: 167
  • NABOR_ListPrice: 1700000
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile
  • Private Spa: No
  • Full Bathrooms: 8
  • Total Bedrooms: 8

Exterior Features

  • Roof: Shingle
  • Exterior Features: Boat Slip
  • Has Private Pool?: No
  • Waterfront Features: Canal Front
  • Construction Type: Poured Concrete, Stucco
  • Foundation Details: Poured Concrete
  • Patio And Porch Features: Deck

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Has Attached Garage?: No

Utilities

  • Cooling: Central Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating: Central Electric
  • Water Source: Central

Condo/Co-op/Association

  • Pets Allowed: With Approval

Lot Info

  • Waterfront: Yes
  • Parcel Number: 05430040004
  • Lot Size Sq Ft: 10019
  • Additional Parcels: No
  • Zoning: res

Rental Info

  • Lease Term: CASH ONLY,Seller Financing

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12393

Multi Family

  • Number Of Units Total: 4

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $3,217 $334,600 -- $334,600
2024 $1,632 $334,600 -- $334,600
2023 $1,632 $167,300 $0 $167,300
2022 $2,690 $260,988 $0 $260,988
2021 $1,903 $176,860 $0 $176,860
2020 $1,833 $172,080 $0 $172,080
2019 $1,852 $172,080 $0 $172,080
2018 $1,816 $167,961 $0 $0
2017 $1,739 $152,692 $0 $0
2016 $1,630 $138,811 $0 $0
2015 $1,447 $126,192 $0 $0
2014 $1,292 $114,720 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2025 07/31/25 Price Changed $1,700,000 0.0% --
07/31/2025 07/31/25 For Sale $1,700,000 +3.1% --
07/15/2025 07/15/25 Pending -- -- --
05/15/2025 05/15/25 For Sale $1,649,000 +24.0% --
01/03/2023 01/03/23 Sold $1,330,000 -8.3% $348 / Sq Ft View Prior Sale
12/16/2022 12/16/22 Pending -- -- --
12/06/2022 12/06/22 Price Changed $1,450,000 -3.3% $379 / Sq Ft
12/05/2022 12/05/22 For Sale $1,499,000 0.0% $392 / Sq Ft
11/18/2022 11/18/22 Pending -- -- --
11/11/2022 11/11/22 For Sale $1,499,000 -- $392 / Sq Ft
Source: Naples Area Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Warranty Deed $408,000 --
Warranty Deed $178,000 Attorney
Warranty Deed $55,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $52,250 No Value Available
Source: Public Records

Source: Naples Area Board of REALTORS®

MLS Number: 225047342

Naples Area Board of REALTORS®

APN: 05430040004