1185 Cherrystone Ct Unit A Naples, FL 34102
Royal Harbor NeighborhoodEstimated payment $9,931/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 | 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 |
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
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.
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.
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