NOT LISTED FOR SALE

Estimated Value: $437,496 - $789,000

5 Beds
-- Bath
-- Sq Ft
0.32 Acres

Last Sold December 09, 2022

Last sale price $462,500

Est. 20% increase in value since last sale

Current estimated payment $3,489/month

4 Days on Market

Highlights

  • Jalousie or louvered window
  • Concrete Block With Brick
  • Central Heating and Cooling System
  • Naples High School Rated A-
  • 1-Story Property
  • Concrete Flooring

About This Home

As of December 2022

Income-producing tri-plex available in Bayshore ( art district ) only 5 minutes from 5th Ave and 3rd street! Consisting of two 2-bedroom 1 bath and a studio ideal for seasonal or annual rentals. Two of the units are currently rented. This tri-plex also sits on a double lot allowing room to build.

Last Agent to Sell the Property

Danielle Ladd

Marzucco Real Estate Listed on: 11/19/2022

Marzucco Real Estate

Last Buyer's Agent

David Burnham

Compass Florida, LLC

Compass Florida, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,102

Year Built

  • Built in 1957

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions: 138

Home Design

  • Triplex
  • Concrete Block With Brick
  • Metal Roof
  • Stucco

Interior Spaces

  • 5 Bedrooms
  • 1-Story Property
  • Jalousie or louvered window
  • Concrete Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, full electric, internet access, pet deposit
  • Assessor Parcel Number 71781920001
  • Tax Block D

Community Details

Overview

  • 3 Units
  • Sabal Shores Condos
  • Sabal Shores Community

Pet Policy

  • Call for details about the types of pets allowed

Building Details

  • Net Operating Income $38,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,102

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Legal Description: SABAL SHORES BLK D LOTS 12 + 13
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.12174$-81.768348$326.79$13.33$1.00$9Hqzh4Stwlyu50xn_ddd-g
  • Building Design: Triplex
  • Building Description: 1 Story/Ranch
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 5
  • Flooring: Concrete
  • Windows: Jalousie

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Metal
  • Construction: Concrete Block
  • Exterior Finish: Stucco

Utilities

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

Association/Amenities

  • Pets: With Approval
  • Development: Sabal Shores
  • Amenities: Other
  • Units In Building: 3

Condo/Co-op/Association

  • Sub Condo Name: SABAL SHORES
  • Development Name: SABAL SHORES

Lot Info

  • Section: 11
  • Waterfront: No
  • Zoning Code: 8
  • Acres: 0.3200
  • Lot Dimensions: 138 X 100
  • Parcel Number: 71781920001

Rental Info

  • Tenant Pays: Cable, Full Electric, Internet Access, Pet Deposit

Tax Info

  • Tax Description: City And County
  • Tax District Type: Community Development District
  • Taxes: 3102.18
  • Tax Year: 2021

Multi Family

  • Gross Rental Income: 3200.00
  • Annual Net Operating Income: 38400.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2023
Sold by
Balidemaj Arber
Bought by
Areca Ave Llc
Current Estimated Value
$554,374

Purchase Details

Listed on
Nov 19, 2022
Closed on
Dec 9, 2022
Sold by
Wright Edward
Bought by
Balidemaj Arber
Seller's Agent
Danielle Ladd
Marzucco Real Estate
Buyer's Agent
David Burnham
Compass Florida, LLC
List Price
$499,995
Sold Price
$462,500
Premium/Discount to List
-$37,495
-7.5%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.04%

Purchase Details

Closed on
Oct 21, 2021
Sold by
Sanders Kirk N and The Kirk N Sanders Revocable T
Bought by
Wright Edward and Ladd Danielle Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
2.8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 5, 2015
Sold by
Sanders Kirk N
Bought by
Sanders Kirk N

Purchase Details

Closed on
Jan 1, 2015
Bought by
Kirk N Sanders Rev Trust

Purchase Details

Closed on
Jan 18, 2001
Sold by
Hanson Donald R
Bought by
Sanders Kirk N
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Areca Ave Llc -- None Listed On Document
Balidemaj Arber $462,500 Heights Title Services
Wright Edward $340,000 Heights Title Services Llc
Sanders Kirk N -- Attorney
Kirk N Sanders Rev Trust $100 --
Sanders Kirk N $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wright Edward $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2022 12/09/22 Sold $462,500 -7.5% --
11/23/2022 11/23/22 Pending -- -- --
11/19/2022 11/19/22 For Sale $499,995 -- --
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 $7,082 $547,260 $438,237 $109,023
2024 $5,885 $518,517 $416,325 $102,192
2023 $5,885 $454,919 $438,236 $16,683
2022 $5,033 $325,750 $310,583 $15,167
2021 $3,102 $160,249 $0 $0
2020 $3,086 $145,681 $0 $0
2019 $2,931 $132,437 $0 $0
2018 $2,508 $120,397 $0 $0
2017 $2,403 $109,452 $0 $0
2016 $2,311 $99,502 $0 $0
2015 $1,910 $90,456 $0 $0
2014 $1,791 $82,233 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Naples Area Board of REALTORS®

MLS Number: 222083349

Naples Area Board of REALTORS®

APN: 71781920001