$1,649,000

1185 Cherrystone Ct Unit A Naples, FL 34102

Royal Harbor Neighborhood

Estimated payment $10,219/month

Total Views 35
8 Beds
8 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Boating
  • Boat Slip
  • Deck
  • Lake Park Elementary School Rated A
  • Home fronts a canal
  • Tile Flooring

About This Home

1185 Cherrystone Ct units A-D are four properties with four legal descriptions and four tax identification numbers being sold as a package. One combined package including all four properties. As straightforward of an investment property as you will see. Quadraplex: 4 unit investment property. All four units are 2 Bedrooms, 2 baths and 956 square feet. Three units are currently rented on annual basis for $2600 a month. Back unit on North side is vacant and available to see. 75 feet of canal frontage in the back of the property currently occupied by two boats. Financials for the three existing leases are available. Approximately $125,000 invested after 2023 flood including brand new dock and patio area ($60,000), and four all new kitchens and flooring and updated bathrooms. Tiled floorings updated in all four units as well.

Listing Agent

Scott Welkenbach

Berkshire Hathaway FL Realty License #NAPLES-475500188

Berkshire Hathaway FL Realty

Co-Listing Agent

Celene Evans Galvan

Berkshire Hathaway FL Realty License #NAPLES-249530766

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,393

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Legal Description: CHERRYSTONE MANOR UNIT A A CONDOMINIUM
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.133749$-81.784195$40.01$13.33$1.00$tGpM2RoMp6epC6rwHnNRvg
  • Building Design: Quadraplex
  • Building Description: 1 Story/Ranch
  • Year Built: 1983
  • Directions: Sandpiper south to Bluebird. Turn Right. Cherrystone Ct. is your first street. Turn right.
  • Property Information: 1185 Cherrystone Ct units A-D are four properties with four legal descriptions and four tax identification numbers being sold as a package. One combined package including all four properties. As straightforward of an investment property as you will see. Quadraplex: 4 unit investment property. All four units are 2 Bedrooms, 2 baths and 956 square feet. Three units are currently rented on annual basis for $2600 a month. Back unit on North side is vacant and available to see. 75 feet of canal frontage in the back of the property currently occupied by two boats. Financials for the three existing leases are available. Approximately $125,000 invested after 2023 flood including brand new dock and patio area ($60,000), and four all new kitchens and flooring and updated bathrooms. Tiled floorings updated in all four units as well.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 8
  • Total Bathrooms: 8.00
  • Total Bedrooms: 8
  • Flooring: Tile
  • Windows: Double Hung

Exterior Features

  • Gulf Access: Yes
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Canal Width: Canal Width 31-80
  • Construction: Poured Concrete
  • Gulf Access Type: No Bridge(s)/Water Direct
  • Boat Access: Boat Slip
  • Road: Private Road
  • Exterior Features: Deck
  • Exterior Finish: Stucco
  • Waterfront Type: Canal

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Association/Amenities

  • Pets: With Approval
  • Development: Oyster Bay
  • Golf Type: No Golf Available
  • Amenities: Internet Access, Streetlight
  • Community Type: Boating
  • Units In Building: 4

Condo/Co-op/Association

  • Sub Condo Name: CHERRYSTONE COURT
  • Development Name: OYSTER BAY

Lot Info

  • Lot Back: 75
  • Lot Frontage: 75
  • Lot Left: 134
  • Lot Right: 134
  • Lot Unit: A
  • Section: 10
  • Waterfront: Yes
  • Zoning Code: res
  • Acres: 0.2300
  • Lot Description: Regular
  • Lot Dimensions: 75 X 134
  • Parcel Number: 05430040004

Rental Info

  • Tenant Pays: Full Electric, Internet Access

Tax Info

  • Tax Description: City And County
  • Tax District Type: Municipal Service Tax Developmen
  • Taxes: 12393.00
  • Tax Year: 2024

Multi Family

  • Unit Count: 4
  • Gross Rental Income: 122000.00
  • Annual Expenses: 22000.00
  • Annual Net Operating Income: 100000.00

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
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 Change Sq Ft Price
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
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

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Source: Naples Area Board of REALTORS®

MLS Number: 225047342

Naples Area Board of REALTORS®

APN: 05430040004

Florida Collier County Naples 34102 Royal Harbor

1185 Cherrystone Ct Unit A, Naples, FL

Homes for Sale in Naples, FL

This home is located at 1185 Cherrystone Ct Unit A, Naples, FL 34102 and is currently priced at $1,649,000. This property was built in 1983. 1185 Cherrystone Ct Unit A is a home located in Collier County with nearby schools including Lake Park Elementary School, Naples High School, and Gulfview Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Naples Area Board of REALTORS® The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2025 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

Nearby Homes
Scott Welkenbach
Listing Agent
Scott Welkenbach
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Berkshire Hathaway FL Realty
(239) 439-5793