NOT LISTED FOR SALE

Estimated Value: $1,756,000 - $2,011,000

8 Beds
4 Baths
3,360 Sq Ft
$561/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $1,685,600 $502 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $12,077/month

119 Days on Market

Highlights

  • Boat Dock
  • Home fronts a seawall
  • Tile Flooring
  • Lake Park Elementary School Rated A
  • Canal Access
  • Central Heating and Cooling System

About This Home

As of August 2022

NO Hoa Rules or Fees! Rare opportunity for a Waterfront and Gulf Access Multifamily Quadplex located in the Royal Harbor area of Naples. The seawall was redone in 2018 and the air conditioning units were installed and updated in 2022. Each of the four units has two bedrooms and one bath, and a kitchen overlooking a screened-in porch or lanai. Tenants are out and ready for your investment options or build a single family home.
There are plenty of options in this ideal location with no bridges and easy access to Naples Bay and the Gulf of Mexico. The Naples Beach and Pier, Tin City, 5th Avenue area, Naples Botanical Gardens, and the Art District are just minutes away. Realtors, Elevation Certificate, Survey and R3-12 rules are in the MLS listing.

Last Agent to Sell the Property

Pam Wittenauer Bratton

RE/MAX Realty Group License #258017724 Listed on: 04/14/2022

RE/MAX Realty Group

Last Buyer's Agent

Michael Lawler

Douglas Elliman Florida,LLC License #249501908

Douglas Elliman Florida,LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,285

Year Built

  • Built in 1971

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 80 x 130 x 80 x 130
  • Home fronts a seawall
  • Home fronts navigable water
  • Rectangular Lot

Home Design

  • Quadruplex
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,360 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Windows

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Canal Access
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 17 / 1
  • Assessor Parcel Number 15150400008

Community Details

Overview

  • 4 Units
  • Oyster Bay Subdivision

Recreation

  • Boat Dock

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,285

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.24
  • Lot Size: 80 x 130 x 80 x 130
  • Road Surface Type: Paved
  • Subdivision Name: OYSTER BAY
  • Directions: From Tamiami Trail South turn right or south at Sandpiper Street. Turn Right at Blue Point Avenue and the quadplex is on the right.
  • Architectural Style: Other, Two Story
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Quadruplex
  • Year Built: 1971
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Private Spa: No
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Flooring: Laminate, Tile
  • Window Features: Single Hung, Sliding

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • Waterfront Features: Canal Access, Navigable Water, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco, Wood Siding
  • Exterior Features: Room For Pool
  • Property Condition: Resale
  • Roof: Shingle

Utilities

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

Condo/Co-op/Association

  • Community Features: Boat Facilities, Non-Gated
  • Amenities: See Remarks, Sidewalks
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 15150400008
  • Zoning Description: R3-12
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: See Remarks

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 9285.0
  • Tax Block: 1
  • Tax Lot: 17
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2022
Closed on
Aug 9, 2022
Sold by
Griffin Holding Inc
Bought by
Blue Point Cottages Llc
Seller's Agent
Pam Wittenauer Bratton
RE/MAX Realty Group
Buyer's Agent
Michael Lawler
Douglas Elliman Florida,LLC
List Price
$2,450,000
Sold Price
$1,685,600
Premium/Discount to List
-$764,400
-31.2%
Current Estimated Value
$1,883,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,900
Avg. Annual Appreciation
4.65%

Purchase Details

Listed on
Sep 15, 2021
Closed on
Dec 30, 2021
Sold by
Fndz Llc
Bought by
Griffin Holding Inc
Seller's Agent
Sherry Irvin
Premier Sotheby's Int'l Realty
Buyer's Agent
Pam Wittenauer Bratton
RE/MAX Realty Group
List Price
$1,650,000
Sold Price
$1,650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.50%

Purchase Details

Listed on
Feb 11, 2014
Closed on
Jan 30, 2015
Sold by
Mljl Investment Llc
Bought by
Fndz Llc
Seller's Agent
Cliff Donenfeld
Realty One Group MVP
Buyer's Agent
Patricia Gandolfo
INACTIVE AGENT ACCT
List Price
$1,000,000
Sold Price
$900,000
Premium/Discount to List
-$100,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.15%

Purchase Details

Closed on
Sep 23, 2013
Sold by
Williamson Apartments Llc
Bought by
Mljl Investment Llc

Purchase Details

Closed on
Jun 1, 2005
Sold by
Williamson Philip R and Williamson Roger L
Bought by
Williamson Apartments Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Blue Point Cottages Llc $1,685,600 Coleman Yovanovich & Koester P
Blue Point Cottages Llc $1,685,600 None Listed On Document
Griffin Holding Inc $1,650,000 Bond Schoeneck & King Pllc
Fndz Llc $900,000 Attorney
Mljl Investment Llc $632,500 Attorney
Williamson Apartments Llc -- --
Williamson Philip R -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2022 08/12/22 Sold $1,685,600 -31.2% $502 / Sq Ft
08/12/2022 08/12/22 Pending -- -- --
04/14/2022 04/14/22 For Sale $2,450,000 +48.5% $729 / Sq Ft
12/30/2021 12/30/21 Sold $1,650,000 0.0% --
10/25/2021 10/25/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $1,650,000 0.0% --
10/18/2021 10/18/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $1,650,000 0.0% --
10/12/2021 10/12/21 Pending -- -- --
10/10/2021 10/10/21 For Sale $1,650,000 0.0% --
10/06/2021 10/06/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $1,650,000 +83.3% --
01/30/2015 01/30/15 Sold $900,000 -10.0% --
01/26/2015 01/26/15 Pending -- -- --
02/11/2014 02/11/14 For Sale $1,000,000 -- --
Source: Florida Gulf Coast Multiple Listing Service

Tax History Compared to Growth

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 $24,507 $2,559,369 $1,946,880 $612,489
2024 $24,490 $2,548,623 $1,946,880 $601,743
2023 $24,490 $2,510,821 $2,206,464 $304,357
2022 $20,913 $2,029,151 $1,784,640 $244,511
2021 $9,285 $862,770 $704,222 $158,548
2020 $9,160 $859,939 $714,140 $145,799
2019 $8,623 $801,171 $664,547 $136,624
2018 $8,851 $823,777 $638,400 $185,377
2017 $9,261 $857,211 $678,300 $178,911
2016 $9,212 $849,298 $0 $0
2015 $8,016 $695,406 $0 $0
2014 $7,121 $632,187 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 222028621

Florida Gulf Coast Multiple Listing Service

APN: 15150400008