NOT LISTED FOR SALE

1890 55th Terrace SW Naples, FL 34116

Estimated Value: $408,469 - $502,000

4 Beds
2 Baths
1,586 Sq Ft
$285/Sq Ft Est. Value

Last Sold August 23, 2019

Last sale price $263,000 $166 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,770/month

61 Days on Market

Highlights

  • Tile Flooring
  • Ceiling Fan
  • Rectangular Lot
  • Central Heating and Cooling System

About This Home

As of August 2019

Great opportunity! Lowest priced duplex in popular Golden Gate City! 2 Bed / 1 Bath per side with interior laundry areas. Just painted on the exterior and well maintained. Concrete block constructions. Long term tenants. Utilities are paid by the tenants. Close to everything Naples has to offer!

Last Agent to Sell the Property

Michael Wittmann

Realty Group of SW Florida Inc License #258017748 Listed on: 05/23/2019

Realty Group of SW Florida Inc

Last Buyer's Agent

Guillermo Borda

Naples Realty & Property Mgmt License #249521389

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,426

Year Built

  • Built in 1982

Lot Details

  • 10,019 Sq Ft Lot
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,586 Sq Ft Home
  • Ceiling Fan
  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Listing and Financial Details

  • Tenant pays for application fee, departure cleaning, electricity, internet, water
  • Legal Lot and Block 4 / 155
  • Assessor Parcel Number 36232280002

Community Details

Overview

  • 2 Units
  • Golden Gate City Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $3,706
  • Net Operating Income $16,094

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,426

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Subdivision Name: GOLDEN GATE CITY
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1982
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Tile
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Property Condition: Resale
  • Roof: Shingle

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 36232280002
  • Zoning Description: 8
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Application Fee, Departure Cleaning, Electricity, Internet, Water

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 16094.0
  • Annual Operating Expense: 3706.0

Tax Info

  • Tax Annual Amount: 2426.0
  • Tax Block: 155
  • Tax Lot: 4
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2023
Sold by
Arinez Xavier
Bought by
Private Owners Llc
Current Estimated Value
$448,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Outstanding Balance
$249,034
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$211,309

Purchase Details

Listed on
May 23, 2019
Closed on
Aug 23, 2019
Sold by
Mugsy 457 Llc
Bought by
Arinez Xavier
Seller's Agent
Michael Wittmann
Realty Group of SW Florida Inc
Buyer's Agent
Guillermo Borda
Naples Realty & Property Mgmt
List Price
$289,000
Sold Price
$263,000
Premium/Discount to List
-$26,000
-9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.83%

Purchase Details

Closed on
Dec 19, 2017
Sold by
Mclaughlin Beatrice B and Mclaughlin Betsarice S
Bought by
457 Mussy

Purchase Details

Closed on
Jun 18, 1993
Sold by
Sears Kathleen L
Bought by
Sears Jeffrey W
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
Private Owners Llc $420,000 Tropical Title
Private Owners Llc $420,000 Tropical Title
Arinez Xavier $263,000 Attorney
457 Mussy $170,000 Premier Land Title Llc
Sears Jeffrey W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Private Owners Llc $252,000
Closed Private Owners Llc $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2019 08/23/19 Sold $263,000 -9.0% $166 / Sq Ft
07/24/2019 07/24/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $289,000 -- $182 / Sq Ft
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
2023 $3,763 $278,515 $0 $0
2022 $3,534 $253,195 $0 $0
2021 $3,269 $230,177 $107,704 $122,473
2020 $3,087 $217,831 $108,996 $108,835
2019 $2,607 $177,663 $92,256 $85,407
2018 $2,426 $163,705 $50,220 $113,485
2017 $1,897 $103,574 $0 $0
2016 $1,787 $94,158 $0 $0
2015 $1,650 $85,598 $0 $0
2014 $1,394 $77,816 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Wittmann

    Seller's Agent in 2019

    Michael Wittmann

    Realty Group of SW Florida Inc

    (239) 949-0404

    114 Total Sales

    Section Image
  • Guillermo Borda

    Buyer's Agent in 2019

    Guillermo Borda

    Naples Realty & Property Mgmt

    (239) 227-1980

    1 in this area

    38 Total Sales

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 219037770

Florida Gulf Coast Multiple Listing Service

APN: 36232280002

Florida Collier County Naples 34116

1890 55th Terrace SW, Naples, FL

This home is located at 1890 55th Terrace SW, Naples, FL 34116 since 23 May 2019 and is currently estimated at $451,617, approximately $284 per square foot. This property was built in 1982. 1890 55th Terrace SW is a home located in Collier County with nearby schools including Golden Gate High School, Golden Gate Middle School, and Bridge Prep Academy of Collier.

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Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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