NOT LISTED FOR SALE

4220 Gulfstream Dr Unit 1 Naples, FL 34112

East Naples Neighborhood

Estimated Value: $149,000 - $186,000

20 Beds
20 Baths
-- Sq Ft
0.8 Acres

Last Sold January 12, 2017

Last sale price $1,010,000

Current estimated payment $989/month

175 Days on Market

About This Home

As of January 2017

CASH COW! 10 Unit apartment complex, fully leased. May be used as an income producing property or sold off as individual condo units. All units are two bed two bath, have two parking spaces, granite countertops, tile throughout and private balconies. Extra land for storage or build a community pool. Great opportunity to increase rents!

Last Agent to Sell the Property

Andrew Ventura

William Raveis Real Estate Listed on: 06/03/2016

William Raveis Real Estate

Co-Listed By

Trevor Ekovich

License #NAPLES-249523742

Last Buyer's Agent

Matthew Pikus

Pikus Realty PA

Property Details

Home Type

  • Multi-Family

Year Built

  • 1986

Lot Details

  • City Sprinkler System

Home Design

  • Quadruplex

Listing and Financial Details

  • Tenant pays for cable, full electric, internet access

Community Details

Overview

  • Gulfstream Isles Condos

Pet Policy

  • Call for details about the types of pets allowed

Building Details

  • Operating Expense $51,753
  • Net Operating Income $68,391

Property Details

Home Type

Multi-Family

Year Built

1986

Lot Details

0

Listing Details

  • Legal Description: GULFSTREAM ISLES A CONDOMINIUM UNIT 1
  • Street View Param: 1$26.115012$-81.74950000000001$346.86$13.33$1.00$appm_BOj3R86oEb3auAdGg
  • Building Design: Quadraplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1986

Interior Features

  • Flooring: Tile

Exterior Features

  • Roof: Shingle
  • Exterior Features: Sprinkler Auto
  • Construction: Concrete Block
  • Exterior Features: Sprinkler Auto
  • Exterior Finish: Stucco
  • Irrigation: Central
  • Road: County Maintained, Public Road
  • Windows: Single Hung

Utilities

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

Condo/Co-op/Association

  • Amenities: Sidewalk
  • Community Type: Non-Gated
  • Sub Condo Name: GULFSTREAM ISLES

Association/Amenities

  • Units in Building: 10
  • Pets: With Approval
  • Development: Gulfstream Isles

Lot Info

  • Lot Description: Regular
  • Lot Dimensions: 213 X 164 X 213 X 166
  • Lot Back: 213
  • Lot Frontage: 213
  • Lot Left: 164
  • Lot Right: 166
  • Lot Unit: 1
  • Section: 18
  • Zoning Code: RMF-12

Rental Info

  • Tenant Pays: Cable, Full Electric, Internet Access

Tax Info

  • Tax Description: County Only

Multi Family

  • Unit Count: 1
  • Gross Rental Income: 120144.20
  • Annual Expenses: 51752.83
  • Annual Net Operating Income: 68391.37
  • Total Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2022
Sold by
Gulfstream Isles Llc
Bought by
Warrior Homes Collier Llc
Current Estimated Value
$165,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,925,000
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 3, 2016
Closed on
Jan 19, 2017
Sold by
Dh Squared Properties Llc
Bought by
Gufstream Isles Llc
Seller's Agent
Andrew Ventura
William Raveis Real Estate
Buyer's Agent
Matthew Pikus
Pikus Realty PA
List Price
$1,149,900
Sold Price
$1,010,000
Premium/Discount to List
-$139,900
-12.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-18.67%
Original Mortgage
$757,500
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 31, 2015
Sold by
Psc Properties Llc
Bought by
Dh Squared Properties Llc
Source: Public Records

Range of Values:

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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
Warrior Homes Collier Llc $2,775,000 Salvatori Law Office Pllc
Gufstream Isles Llc $1,010,000 None Available
Dh Squared Properties Llc $600,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Warrior Homes Collier Llc $1,925,000
Previous Owner Gufstream Isles Llc $757,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2017 01/12/17 Sold $1,010,000 -12.2% --
11/25/2016 11/25/16 Pending -- -- --
09/13/2016 09/13/16 For Sale $1,149,900 0.0% --
08/30/2016 08/30/16 Pending -- -- --
08/22/2016 08/22/16 Price Changed $1,149,900 -4.2% --
06/27/2016 06/27/16 Price Changed $1,199,900 -4.0% --
06/03/2016 06/03/16 For Sale $1,250,000 -- --
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 -- $134,752 -- $134,752
2024 $1,276 $134,746 -- --
2023 $1,276 $122,496 $0 $122,496
2022 $1,068 $89,245 $0 $0
2021 $937 $81,132 $0 $81,132
2020 $929 $81,132 $0 $81,132
2019 $857 $74,238 $0 $74,238
2018 $812 $70,408 $0 $70,408
2017 $731 $59,497 $0 $0
2016 $632 $54,088 $0 $0
2015 $466 $38,474 $0 $0
2014 -- $34,976 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrew Ventura

    Seller's Agent in 2017

    Andrew Ventura

    William Raveis Real Estate

    (239) 300-8121

    3 in this area

    79 Total Sales

    Andrew Ventura
    Section Image

  • T

    Seller Co-Listing Agent in 2017

    Trevor Ekovich

    Section Image

  • M

    Buyer's Agent in 2017

    Matthew Pikus

    Pikus Realty PA

    (609) 234-1389

    5 in this area

    18 Total Sales

    Matthew Pikus
    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 216036690

Naples Area Board of REALTORS®

APN: 48221000029

Florida Collier County Naples 34112 East Naples

4220 Gulfstream Dr Unit 1, Naples, FL

This home is located at 4220 Gulfstream Dr Unit 1, Naples, FL 34112 since 03 June 2016 and is currently estimated at $165,915. This property was built in 1986. 4220 Gulfstream Dr Unit 1 is a home located in Collier County with nearby schools including Lely Elementary School, East Naples Middle School, and Lely High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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