NOT LISTED FOR SALE

Estimated Value: $778,230 - $1,024,000

7 Beds
4 Baths
-- Sq Ft
0.69 Acres

Last Sold January 19, 2021

Last sale price $550,000

Est. 71% increase in value since last sale

Current estimated payment $5,680/month

52 Days on Market

Highlights

  • 0.69 Acre Lot
  • Room in yard for a pool
  • Park
  • Naples High School Rated A
  • Concrete Block With Brick
  • Restaurant

About This Home

As of January 2021

INCOME and Redevelopment opportunity in the hot market of the BAYSHORE Redevelopment Art District! This triplex on .69 acres has enough land to add another adjoining unit, based on current zoning. Plenty of room for a pool, storage unit, etc. There are many conditional uses for the land that can be applied for with Collier County Zoning.( Listing agent has information) Property has one 3 BR, 2 bath, 2 car garage unit and two 2 BR, 1 Bath unit. Units occupied with tenants on month to month basis at rates much lower than market. Each has screened in lanai and washer/dryers in units. FRESHLY PAINTED EXTERIOR and Trim! FABULOUS location with very close walking distance to Ankrolab Brewing Co, 360 Market, Celebration Food Truck Park, The Real Macaw and more in area of waterfront single family homes. Nearby boat launch at Bayview Park, Hamilton Harbor social club and marina, Windstar CC Club for golf, marina stores/service, 2 community parks with tennis and pickleball, as well as nearby shopping, fitness center, etc. Located approx. 2 miles to 5th Ave/Olde Naples.

Last Agent to Sell the Property

Karen Beatty

Premiere Plus Realty Company Listed on: 10/24/2020

Premiere Plus Realty Company

Last Buyer's Agent

Neno Mihajlovikj

Realty One Group MVP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,216

Year Built

  • Built in 1979

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions: 100

Home Design

  • Triplex
  • Concrete Block With Brick
  • Shingle Roof
  • Stone Exterior Construction

Interior Spaces

  • 1-Story Property
  • Single Hung Windows

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Pool

  • Room in yard for a pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for full electric, full telephone
  • Assessor Parcel Number 61835760004
  • Tax Block 47
  • $12,000 Seller Concession

Community Details

Overview

  • 3 Units
  • Gulf Shores Condos

Amenities

  • Restaurant

Recreation

  • Park

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $13,062
  • Net Operating Income $13,062

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,216

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Legal Description: N G + T C L F NO 2 14 50 25 E 100FT OF W 940FT OF LOT 47 OR 1968 PG 343
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.120467$-81.771849$203.98$13.33$1.00$BLP0RJt71HMNrdMjzZY0rA
  • Building Design: Triplex
  • Building Description: 1 Story/Ranch
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 7
  • Flooring: Carpet, Tile
  • Windows: Single Hung

Exterior Features

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

Utilities

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

Association/Amenities

  • Pets: No Approval Needed
  • Development: Gulf Shores
  • Amenities: Community Park, Restaurant, Shopping, Sidewalk, Streetlight
  • Community Type: Non-Gated
  • Units In Building: 3

Condo/Co-op/Association

  • Sub Condo Name: GULF SHORES

Lot Info

  • Lot Back: 100
  • Lot Frontage: 100
  • Lot Left: 300
  • Lot Right: 300
  • Lot Unit: 47
  • Section: 14
  • Waterfront: No
  • Zoning Code: Triplex
  • Acres: 0.6900
  • Lot Description: 3 Lots, Oversize
  • Lot Dimensions: 100 X 300
  • Parcel Number: 61835760004

Rental Info

  • Tenant Pays: Full Electric, Full Telephone

Tax Info

  • Tax Description: County Only, No Homestead
  • Tax District Type: Municipal Service Tax Developmen
  • Taxes: 4216.40

Multi Family

  • Unit Count: 3
  • Gross Rental Income: 26400.00
  • Annual Expenses: 13062.00
  • Annual Net Operating Income: 13062.00
  • Total Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2020
Closed on
Jan 19, 2021
Sold by
Jack Lynn E and Pulizzi Josephine A
Bought by
Pecanac Predrag and Gespaher Ida
Seller's Agent
Karen Beatty
Premiere Plus Realty Company
Buyer's Agent
Neno Mihajlovikj
Realty One Group MVP
List Price
$565,000
Sold Price
$550,000
Premium/Discount to List
-$15,000
-2.65%
Current Estimated Value
$941,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,743
Avg. Annual Appreciation
11.96%
Original Mortgage
$531,643
Outstanding Balance
$474,493
Interest Rate
2.71%
Mortgage Type
FHA
Estimated Equity
$467,250

Purchase Details

Closed on
Sep 13, 2018
Sold by
Jack Lynn E and Jack Mary Elizabeth
Bought by
Jack Lynn E and Pulizzi Josephine A

Purchase Details

Closed on
Jul 14, 1994
Sold by
Kaye Stuart O
Bought by
Jack Lynn E and Pullizzi Josephine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,600
Interest Rate
8.52%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Pecanac Predrag $550,000 Omega National Title Agency
Jack Lynn E -- Attorney
Jack Lynn E $107,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pecanac Predrag $531,643
Previous Owner Jack Lynn E $109,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2021 01/19/21 Sold $550,000 -2.7% --
12/15/2020 12/15/20 Pending -- -- --
10/24/2020 10/24/20 For Sale $565,000 -- --
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 $8,412 $540,310 -- --
2024 $6,295 $491,191 -- --
2023 $6,295 $446,537 $225,000 $221,537
2022 $6,180 $411,850 $225,000 $186,850
2021 $5,357 $295,796 $0 $0
2020 $4,524 $268,905 $0 $0
2019 $4,216 $244,459 $0 $0
2018 $3,967 $222,235 $0 $0
2017 $3,700 $202,032 $0 $0
2016 $3,439 $183,665 $0 $0
2015 $3,393 $166,968 $0 $0
2014 $3,039 $151,789 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 220021357

Naples Area Board of REALTORS®

APN: 61835760004