NOT LISTED FOR SALE
2 Beds
1 Bath
-- Sq Ft
0.58 Acre Lot

Sale Details

Date Sold: March 20, 2015

Last sale price $714,000

257 Days on Market

About This Home

As of March 2015

GREAT LONG TERM INVESTMENT OPPORTUNITY!! Convenient location, no association dues and instant positive cash-flow. Currently has 100% occupancy. Three buildings with Three units each. All units are 2 bedroom/1 bath units. All units have tile floors throughout and several were recently updated. Located just minutes from Downtown and Naples beaches, convenient to I-75, restaurants and shopping.

Last Agent to Sell the Property

Andrew Ventura

William Raveis Real Estate Listed on: 06/06/2014

William Raveis Real Estate

Co-Listed By

Dave Uprich

Current Property Management

Last Buyer's Agent

Shelly Finch

Downing Frye Realty Inc.

Downing Frye Realty Inc.
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Property Details

Home Type

  • Other

Year Built

  • 1967

Lot Details

  • 0.58

Listing and Financial Details

  • Tenant pays for cable, departure cleaning, full electric, pet deposit

Community Details

Overview

  • 3 Buildings
  • Inomah Condos

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $26,296
  • Net Operating Income $56,084

Property Details

Home Type

Other

Year Built

1967

Lot Details

0.58 Acres

Listing Details

  • Legal Description: INOMAH BLK E E1/2 OF LOT 11, ALL OF LOTS 12-14
  • Special Features: None
  • Year Built: 1967

Interior Features

  • Flooring: Tile

Exterior Features

  • Roof: Shingle
  • Construction: Concrete Block
  • Exterior Finish: Stucco
  • Irrigation: Central
  • Road: City Maintained
  • Windows: Single Hung

Utilities

  • Cooling: Ceiling Fans, Central Electric, Wall Unit
  • Heating: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Community Type: Non-Gated
  • Sub Condo Name: INOMAH

Association/Amenities

  • Units in Building: 3
  • Pets: No Approval Needed

Lot Info

  • Section: 11

Rental Info

  • Tenant Pays: Cable, Departure Cleaning, Full Electric, Pet Deposit

Tax Info

  • Tax Description: City And County
  • Tax District Type: Community Development District

Multi Family

  • Gross Rental Income: 82380.00
  • Annual Expenses: 26296.00
  • Annual Net Operating Income: 56084.00
  • Total Buildings: 3

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/20/2015 03/20/15 Sold $714,000 -10.6% --
02/18/2015 02/18/15 Pending -- -- --
06/06/2014 06/06/14 For Sale $799,000 -- --
Source: Naples Area Board of REALTORS®

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 214031688

Naples Area Board of REALTORS®
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