NOT LISTED FOR SALE

2531 55th Terrace SW Naples, FL 34116

Estimated Value: $375,961 - $566,000

2 Beds
-- Bath
-- Sq Ft
10,019 Sq Ft Lot

Last Sold February 05, 2015

Last sale price $227,500

Est. 107% increase in value since last sale

Current estimated payment $2,510/month

104 Days on Market

About This Home

As of February 2015

This home is located at 2531 55th Terrace SW, Naples, FL 34116 since 24 September 2014 and is currently estimated at $470,240. This property was built in 1982. 2531 55th Terrace SW is a home located in Collier County with nearby schools including Lavern Gaynor Elementary School, Golden Gate Middle School, and Bridge Prep Academy of Collier.

Last Agent to Sell the Property

Marlene Suarez

MDM Naples Real Estate LLC Listed on: 09/24/2014

Last Buyer's Agent

Rhonda Forshier

Premiere Plus Realty Company License #NAPLES-249513738

Premiere Plus Realty Company

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $511

Year Built

  • 1982

Lot Details

  • Property is zoned RMF-6

Listing and Financial Details

  • Tenant pays for cable, departure cleaning, full electric, full telephone, internet access, long distance telephone, pest control, pet deposit, sewer, water

Community Details

Overview

  • Golden Gate City Condos

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $7,560
  • Net Operating Income $10,560

Property Details

Home Type

Other

Est. Annual Taxes

$511

Year Built

1982

Lot Details

0

Listing Details

  • Legal Description: GOLDEN GATE UNIT 6 BLK 225 LOT 19
  • Special Features: None
  • Year Built: 1982

Interior Features

  • Flooring: Tile

Exterior Features

  • Roof: Shingle
  • Exterior Features: Fence, Fruit Trees
  • Construction: Concrete Block
  • Exterior Features: Fence, Fruit Trees
  • Exterior Finish: Stucco
  • Windows: Single Hung

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Sewer: Septic
  • Water: Well

Condo/Co-op/Association

  • Amenities: Sidewalk, Streetlight
  • Sub Condo Name: GOLDEN GATE CITY

Association/Amenities

  • Units in Building: 2
  • Pets: No Approval Needed

Lot Info

  • Lot Description: Regular
  • Lot Dimensions: 80 X 125
  • Section: 28
  • Zoning Code: RMF-6

Rental Info

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

Tax Info

  • Tax Description: County Only

Multi Family

  • Gross Rental Income: 18120.00
  • Annual Expenses: 7560.00
  • Annual Net Operating Income: 10560.00
  • Total Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2014
Closed on
Feb 5, 2015
Sold by
Pratt James T
Bought by
Community Assisted & Supported Living In
Seller's Agent
Marlene Suarez
MDM Naples Real Estate LLC
Buyer's Agent
Rhonda Forshier
Premiere Plus Realty Company
List Price
$234,900
Sold Price
$227,500
Premium/Discount to List
-$7,400
-3.15%
Current Estimated Value
$470,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,740
Avg. Annual Appreciation
6.95%
Original Mortgage
$217,764
Outstanding Balance
$167,649
Interest Rate
3.9%
Mortgage Type
Commercial
Estimated Equity
$302,591

Purchase Details

Closed on
Aug 7, 2003
Sold by
Perez Enrique and Perez Janette
Bought by
Pratt James T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,500
Interest Rate
5.24%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 24, 2000
Sold by
Pereiro Eduardo and Pereiro Luisa
Bought by
Perez Enrique and Perez Janette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,550
Interest Rate
8.21%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Community Assisted & Supported Living In $227,500 Attorney
Pratt James T $170,000 --
Perez Enrique $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Community Assisted & Supported Living In $217,764
Previous Owner Pratt James T $144,500
Previous Owner Perez Enrique $108,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2015 02/05/15 Sold $227,500 -3.2% --
01/06/2015 01/06/15 Pending -- -- --
09/24/2014 09/24/14 For Sale $234,900 -- --
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 $511 $224,864 $130,000 $94,864
2024 $499 $267,915 -- --
2023 $499 $243,559 $0 $0
2022 $462 $221,417 $0 $0
2021 $453 $201,288 $0 $0
2020 $444 $182,989 $0 $0
2019 $435 $166,354 $0 $0
2018 $426 $151,231 $0 $0
2017 $2,107 $137,483 $43,152 $94,331
2016 $2,087 $139,491 $0 $0
2015 $1,600 $83,280 $0 $0
2014 $1,456 $75,709 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marlene Suarez

    Seller's Agent in 2015

    Marlene Suarez

    MDM Naples Real Estate LLC

    (239) 290-0585

    72 Total Sales

    Marlene Suarez
    Section Image

  • R

    Buyer's Agent in 2015

    Rhonda Forshier

    Premiere Plus Realty Company

    (239) 398-6013

    1 Total Sale

    Rhonda Forshier
    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 214050722

Naples Area Board of REALTORS®

APN: 36324600008

Florida Collier County Naples 34116

2531 55th Terrace SW, Naples, FL

Not Listed for Sale

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Naples Area Board of REALTORS® The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2025 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

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