NOT LISTED FOR SALE

2189 Sunshine Blvd Naples, FL 34116

Estimated Value: $922,000 - $1,220,000

8 Beds
6 Baths
1,200 Sq Ft
$871/Sq Ft Est. Value

Last Sold December 06, 2021

Last sale price $806,000 $672 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $6,351/month

21 Days on Market

Highlights

  • Traditional Architecture
  • Courtyard
  • Central Heating and Cooling System
  • Cul-De-Sac
  • Tile Flooring
  • Ceiling Fan

About This Home

As of December 2021

AMAZING INVESTMENT OPPORTUNITY! This 4 Plex has great rent rolls with all tenants in place and has renovated units. BRAND NEW PAINT, 2018 METAL ROOF, tile floors/NO CARPET, new drainfield, new landscaping, plenty of parking, and washer/dryers in units are some of the features of this rarely available 4 plex in the heart of Naples! This property is producing great income with very little maintenance. This is the perfect property for investors who desire low maintenance and high income!!

Last Agent to Sell the Property

Ryan Leben

Realty One Group MVP License #NAPLES-249525238 Listed on: 10/08/2021

Last Buyer's Agent

Amarilys Alvarez-Betz

Premiere Plus Realty Company

Premiere Plus Realty Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,586

Year Built

  • Built in 1985

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions: 120
  • Cul-De-Sac

Home Design

  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Wood Frame Construction
  • Metal Roof
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Single Hung Windows
  • Sliding Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Full Bathrooms

Outdoor Features

  • Courtyard

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, cleaning fee, full electric, internet access, long distance telephone
  • Assessor Parcel Number 36114560002
  • Tax Block 122

Community Details

Overview

  • 4 Units
  • Golden Gate City Condos

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $9,092
  • Net Operating Income $63,208

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,586

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Legal Description: GOLDEN GATE UNIT 4 BLK 122 LOT 27
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.188037$-81.702832$316.44$13.33$1.00$ghjH9AIv_p3J_iwTk2SVGg
  • Building Design: Quadraplex
  • Building Description: Traditional
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 6
  • Total Bathrooms: 6.00
  • Total Bedrooms: 8
  • Flooring: Tile
  • Windows: Single Hung, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Metal
  • Construction: Wood Frame
  • Irrigation: Central
  • Road: County Maintained, Cul-De-Sac
  • Exterior Features: Courtyard
  • Exterior Finish: Brick, Stucco

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, 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

  • Lot Back: 120
  • Lot Frontage: 120
  • Lot Left: 125
  • Lot Right: 125
  • Lot Unit: 27
  • Section: 22
  • Waterfront: No
  • Zoning Code: RMF-12
  • Acres: 0.3400
  • Lot Description: Regular
  • Lot Dimensions: 120 X 125
  • Parcel Number: 36114560002

Rental Info

  • Tenant Pays: Cable, Cleaning Fee, Full Electric, Internet Access, Long Distance Telephone

Tax Info

  • Tax Description: County Only
  • Taxes: 5586.00

Multi Family

  • Unit Count: 4
  • Gross Rental Income: 72300.00
  • Annual Expenses: 9092.00
  • Annual Net Operating Income: 63208.00
  • Total Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Dec 6, 2021
Sold by
Berry Timothy
Bought by
Naeckel Juergen and Naeckel Gladys
Seller's Agent
Ryan Leben
Realty One Group MVP
Buyer's Agent
Amarilys Alvarez-Betz
Premiere Plus Realty Company
List Price
$799,000
Sold Price
$806,000
Premium/Discount to List
$7,000
0.88%
Current Estimated Value
$1,044,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,783
Avg. Annual Appreciation
7.11%
Original Mortgage
$600,000
Outstanding Balance
$469,349
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$575,434

Purchase Details

Listed on
Mar 5, 2020
Closed on
Oct 29, 2020
Sold by
Pikus Realty P A
Bought by
Berry Timothy H
Seller's Agent
Josh Yelensky
Current Property Management
Buyer's Agent
Ryan Leben
Realty One Group MVP
List Price
$639,900
Sold Price
$606,500
Premium/Discount to List
-$33,400
-5.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.50%
Original Mortgage
$454,875
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 29, 2012
Sold by
2189 Ggc Llc
Bought by
Pikus Realty Llc

Purchase Details

Closed on
Jun 12, 2009
Sold by
Lopez Ruben and Romero Chony
Bought by
2189 Ggc Llc

Purchase Details

Closed on
Aug 15, 2005
Sold by
Perez Walter and Perez Edith
Bought by
Lopez Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,250
Interest Rate
7.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 18, 2003
Sold by
Jones Martin R and Jones Lora L
Bought by
Perez Walter and Perez Edith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,025
Interest Rate
5.72%
Mortgage Type
Commercial

Purchase Details

Closed on
May 10, 1996
Sold by
Kibbey Hal P
Bought by
Jones Martin R and Jones Lora L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.74%
Mortgage Type
Commercial
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
Naeckel Juergen $806,000 Paradise Coast T&E Llc
Berry Timothy H $606,500 Action Title Services
Pikus Realty Llc $169,000 Paradise Coast Title & Escro
2189 Ggc Llc $108,527 None Available
Lopez Ruben $523,000 Title Services Of Collier Co
Perez Walter $309,000 --
Jones Martin R $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naeckel Juergen $600,000
Previous Owner Berry Timothy H $454,875
Previous Owner Lopez Ruben $489,250
Previous Owner Perez Walter $206,025
Previous Owner Jones Martin R $155,000
Previous Owner Jones Martin R $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2021 12/06/21 Sold $806,000 +0.9% $672 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $799,000 +31.7% $666 / Sq Ft
10/29/2020 10/29/20 Sold $606,500 -3.0% $505 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/19/2020 08/19/20 Price Changed $625,000 -2.3% $521 / Sq Ft
08/03/2020 08/03/20 For Sale $639,900 0.0% $533 / Sq Ft
05/04/2020 05/04/20 Pending -- -- --
04/15/2020 04/15/20 For Sale $639,900 0.0% $533 / Sq Ft
03/25/2020 03/25/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $639,900 -- $533 / Sq Ft
Source: Naples Area Board of REALTORS®

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 $9,402 $653,812 $195,000 $458,812
2024 $10,253 $771,749 $307,500 $464,249
2023 $10,253 $833,816 $307,500 $526,316
2022 $9,856 $759,285 $255,000 $504,285
2021 $6,136 $382,282 $0 $0
2020 $5,586 $347,529 $0 $0
2019 $5,067 $315,935 $0 $0
2018 $4,789 $287,214 $0 $0
2017 $4,343 $261,104 $0 $0
2016 $4,043 $237,367 $0 $0
2015 $3,830 $215,788 $0 $0
2014 $3,399 $196,171 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 221074441

Naples Area Board of REALTORS®

APN: 36114560002