NOT LISTED FOR SALE

2101 Sunshine Blvd Naples, FL 34116

Estimated Value: $846,000 - $987,000

8 Beds
8 Baths
-- Sq Ft
14,810 Sq Ft

Last Sold August 11, 2020

Last sale price $610,000

Est. 49% increase in value since last sale

Current estimated payment $5,239/month

38 Days on Market

Highlights

  • Concrete Block With Brick
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of August 2020

Amazing investment opportunity. Rarely available CBS quadplex income property fully occupied in the heart of Golden Gate City. All units were renovated in 2015 & 2016 and are individually metered for electric and water. 3 out of 4 HVAC systems have been replaced within the last few years. Property is on a septic system, with county water. Drainfield was replaced in 2014. Property is fully occupied with current lease agreements in place. Golden Gate City is a central Naples location and is a high demand area for rentals. Conveniently located near shopping, dining, I-75, and just a short drive to multiple Naples destinations.

Last Agent to Sell the Property

Josh Yelensky

Current Property Management Listed on: 05/20/2020

Co-Listed By

Dave Uprich

Current Property Management

Last Buyer's Agent

Katheryn Moreno

Xclusive Homes LLC

Xclusive Homes LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,614

Year Built

  • Built in 1982

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions: 120

Home Design

  • Quadruplex
  • Concrete Block With Brick
  • Shingle Roof
  • Stucco

Interior Spaces

  • Single Hung Windows
  • Sliding Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, departure cleaning, full electric, internet access, long distance telephone, pest control, water
  • Assessor Parcel Number 36114360008
  • Tax Block 122
  • $3 Seller Concession

Community Details

Overview

  • 4 Units
  • Golden Gate City Condos

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $8,214
  • Net Operating Income $52,686

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,614

Year Built

Built in 1982

Lot Details

0.34 Acres

Listing Details

  • Legal Description: GOLDEN GATE UNIT 4 BLK 122 LOT 22
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.189687$-81.702858$242.23$13.33$1.00$GOBwsue4iaRxkfpYrijkdQ
  • Building Design: Quadraplex
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 8
  • Total Bathrooms: 8.00
  • Total Bedrooms: 8
  • Flooring: Tile
  • Windows: Single Hung, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Road: County Maintained, Public Road
  • Exterior Finish: Stucco

Utilities

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

Association/Amenities

  • Pets: No Approval Needed
  • Development: Golden Gate City
  • Community Type: Non-Gated
  • Units In Building: 4

Condo/Co-op/Association

  • Sub Condo Name: GOLDEN GATE CITY

Lot Info

  • Section: 22
  • Waterfront: No
  • Zoning Code: RMF-12
  • Acres: 0.3400
  • Lot Description: Oversize, Regular
  • Lot Dimensions: 120 X 125
  • Parcel Number: 36114360008

Rental Info

  • Tenant Pays: Cable, Departure Cleaning, Full Electric, Internet Access, Long Distance Telephone, Pest Control, Water

Tax Info

  • Tax Description: County Only
  • Taxes: 4614.00

Multi Family

  • Gross Rental Income: 60900.00
  • Annual Expenses: 8214.00
  • Annual Net Operating Income: 52686.00
  • Total Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2020
Closed on
Aug 11, 2020
Sold by
Pikus Realty Pa
Bought by
Leon Eduardo J Arizaga
Seller's Agent
Josh Yelensky
Current Property Management
Buyer's Agent
Katheryn Moreno
Xclusive Homes LLC
List Price
$625,000
Sold Price
$610,000
Premium/Discount to List
-$15,000
-2.4%
Current Estimated Value
$906,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,390
Avg. Annual Appreciation
7.42%
Original Mortgage
$584,223
Outstanding Balance
$518,247
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$388,143

Purchase Details

Closed on
Oct 30, 2012
Sold by
Pikus Mathew Z
Bought by
Keck Patrick

Purchase Details

Closed on
Apr 9, 2012
Sold by
Pikus Matthew Z
Bought by
Pikus Realty Llc

Purchase Details

Closed on
Nov 29, 2011
Sold by
Naples Rental Partners Llc
Bought by
Pikus Realty Llc

Purchase Details

Closed on
May 25, 2011
Sold by
2101 Sunshine Blvd Llc
Bought by
Pikus Realty Llc

Purchase Details

Closed on
Mar 31, 2011
Sold by
Rcs Property Investments Llc
Bought by
2101 Sunshine Blvd Llc

Purchase Details

Closed on
Aug 17, 2007
Sold by
Zuluaga Maria C
Bought by
Zuluaga Maria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 7, 2000
Sold by
Jalali Mark
Bought by
Zuluaga Maria C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Leon Eduardo J Arizaga $610,000 Action Title Services
Keck Patrick -- Paradise Coast Title & Escro
Pikus Realty Llc -- Attorney
Pikus Realty Llc -- Attorney
Pikus Realty Llc -- Attorney
Pikus Realty Llc -- Attorney
2101 Sunshine Blvd Llc $126,100 Attorney
Zuluaga Maria C -- None Available
Zuluaga Maria C $176,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leon Eduardo J Arizaga $584,223
Previous Owner Zuluaga Maria C $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2020 08/11/20 Sold $610,000 -2.4% --
06/27/2020 06/27/20 Pending -- -- --
05/20/2020 05/20/20 For Sale $625,000 -- --
Source: Naples Area Board of REALTORS®

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 $7,007 $429,180 $195,000 $234,180
2024 $7,256 $551,198 $307,500 $243,698
2023 $7,256 $546,583 $0 $0
2022 $6,934 $496,894 $0 $0
2021 $6,432 $451,722 $159,208 $292,514
2020 $5,065 $301,488 $0 $0
2019 $4,614 $274,080 $0 $0
2018 $4,384 $249,164 $0 $0
2017 $3,979 $226,513 $0 $0
2016 $3,706 $205,921 $0 $0
2015 $3,502 $187,201 $0 $0
2014 $3,105 $170,183 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 220032346

Naples Area Board of REALTORS®

APN: 36114360008

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