NOT LISTED FOR SALE

Estimated Value: $577,638 - $805,000

2 Beds
2 Baths
-- Sq Ft
9,583 Sq Ft

Last Sold November 28, 2018

Last sale price $289,900

Est. 133% increase in value since last sale

Current estimated payment $3,951/month

22 Days on Market

Highlights

  • Home fronts a canal
  • Concrete Block With Brick
  • Tile Flooring
  • Naples High School Rated A-

About This Home

As of November 2018

LARGE GULF ACCESS LOT. INTERSECTING CANAL VIEWS. Great investor special, duplex in South Naples. Two 1 Bed/1 Bath with no HOA. Easily rented, both units cash flow monthly. Up and coming area with plenty of new development and commercial centers being built down Bayshore Blvd bringing property values up. Just a short drive to Downtown Naples and the historic 5th Ave. Close to malls, movie theaters, and the water this location is prime. Owner is motivated to sell! Boat Dock/Lift can be built, must be permitted and approved by city.

Last Agent to Sell the Property

Trevor Ekovich

License #NAPLES-249523742 Listed on: 07/01/2018

Last Buyer's Agent

Henry Albarracin

Xclusive Homes LLC

Xclusive Homes LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,723

Year Built

  • Built in 1966

Lot Details

  • Home fronts a canal

Home Design

  • Duplex
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, full electric, internet access, pest control, pet deposit
  • Assessor Parcel Number 71781280000
  • Tax Block B
  • $12,000 Seller Concession

Community Details

Overview

  • 2 Units
  • Sabal Shores Condos

Recreation

  • Gulf Boat Access

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $6,840
  • Net Operating Income $15,960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,723

Year Built

Built in 1966

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Legal Description: SABAL SHORES BLK B LOT 13
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.122765$-81.768284$16.25$13.33$1.00$tnizFQR29HMdJkHrt5Kw6Q
  • Building Design: Duplex
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Flooring: Tile
  • Windows: Single Hung

Exterior Features

  • Gulf Access: Yes
  • Private Pool: No
  • Private Spa: No
  • Roof: Tile
  • Canal Width: 1-80
  • Construction: Concrete Block
  • Irrigation: Central
  • Exterior Finish: Stucco
  • Waterfront Type: Canal

Utilities

  • Cable Available: Yes
  • Cooling: Wall Unit
  • Heat: Wall Unit
  • Sewer: Central
  • Water: Central

Association/Amenities

  • Pets: No Approval Needed
  • Development: Sabal Shores
  • Community Type: Non-Gated
  • Units In Building: 2

Condo/Co-op/Association

  • Sub Condo Name: SABAL SHORES

Lot Info

  • Section: 11
  • Waterfront: Yes
  • Zoning Code: RMF-6
  • Lot Description: Oversize, Regular
  • Parcel Number: 71781280000

Rental Info

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

Tax Info

  • Tax Description: County Only
  • Taxes: 2723.24

Multi Family

  • Gross Rental Income: 22800.00
  • Annual Expenses: 6840.00
  • Annual Net Operating Income: 15960.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2018
Closed on
Nov 27, 2018
Sold by
Henke Gordon
Bought by
Luczak Tomasz
Seller's Agent
Trevor Ekovich
Buyer's Agent
Henry Albarracin
Xclusive Homes LLC
List Price
$289,900
Sold Price
$289,900
Current Estimated Value
$674,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,510
Avg. Annual Appreciation
12.37%
Original Mortgage
$284,648
Outstanding Balance
$250,781
Interest Rate
4.8%
Mortgage Type
FHA
Estimated Equity
$423,629

Purchase Details

Closed on
Jun 10, 2014
Sold by
Redic James
Bought by
Henke Gordon

Purchase Details

Closed on
May 10, 2007
Sold by
Collier Mortgage Capital Inc
Bought by
Redic James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.25%
Mortgage Type
Negative Amortization
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
Luczak Tomasz $289,900 Attorney
Henke Gordon $120,100 None Available
Redic James $152,000 Kel Title Insurance Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luczak Tomasz $284,648
Previous Owner Redic James $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2018 11/28/18 Sold $289,900 0.0% --
08/16/2018 08/16/18 Pending -- -- --
07/25/2018 07/25/18 For Sale $289,900 -- --
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 $5,722 $621,649 $553,430 $68,219
2024 $5,718 $303,032 -- --
2023 $5,718 $275,484 $0 $0
2022 $4,968 $250,440 $0 $0
2021 $3,817 $227,673 $155,025 $72,648
2020 $3,611 $215,915 $155,025 $60,890
2019 $3,926 $236,685 $166,950 $69,735
2018 $2,875 $166,235 $97,785 $68,450
2017 $2,723 $158,596 $97,785 $60,811
2016 $2,594 $151,613 $0 $0
2015 $2,676 $155,703 $0 $0
2014 $1,903 $103,247 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 218049458

Naples Area Board of REALTORS®

APN: 71781280000

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