1185 Cherrystone Ct Unit A Naples, FL 34102
Royal Harbor NeighborhoodEstimated payment $10,011/month
Highlights
- Boating
- Boat Slip
- Deck
- Lake Park Elementary School Rated A
- Home fronts a canal
- Tile Flooring
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,393
Year Built
- Built in 1983
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions: 75
- Home fronts a canal
Home Design
- Quadruplex
- Poured Concrete
- Shingle Roof
- Stucco
Interior Spaces
- 1-Story Property
- Double Hung Windows
- Tile Flooring
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Full Bathrooms
Outdoor Features
- No Fixed Bridges
- Boat Slip
- Deck
Utilities
- Central Heating and Cooling System
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 05430040004
Community Details
Overview
- 4 Units
- Cherrystone Court Condos
- Oyster Bay Community
Recreation
- Boating
- Gulf Boat Access
Pet Policy
- Call for details about the types of pets allowed
Building Details
- Operating Expense $22,000
- Net Operating Income $100,000
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
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 |
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 |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Quit Claim Deed | -- | -- | |
Warranty Deed | $408,000 | -- | |
Warranty Deed | $178,000 | Attorney | |
Warranty Deed | $55,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $52,250 | No Value Available |
Source: Naples Area Board of REALTORS®
MLS Number: 225047342

APN: 05430040004
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