$1,199,000
$100K PRICE DROP

Estimated payment $6,715/month

Total Views 7,995
8 Beds
6 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Concrete Block With Brick
  • Patio
  • Ceiling Fan
  • Cooling System Mounted In Outer Wall Opening
  • Tile Flooring
  • Rectangular Lot

About This Home

AN UNBEATABLE LOCATION FOR LIFESTYLE AND INVESTMENT. This spectacular multi-unit duplex boasts a truly enviable location, placing you at the epicenter of the area's most desirable amenities. Imagine being just minutes from the pristine beaches of the Gulf of Mexico, the world-class shopping, dining, and entertainment of 5th Avenue South, and a vibrant selection of local cafes and parks. This unparalleled proximity to leisure, culture, and nature makes the property highly attractive to both seasonal visitors and long-term residents. Built brand new in 2023, this property represents a turn-key, low-maintenance investment in a proven, high-demand neighborhood. The multi-unit-unit structure offers exceptional rental income potential, providing multiple steady income streams that can maximize your returns whether you pursue long-term leasing, seasonal rentals, or an owner-occupant model. Investing in new construction minimizes initial capital expenditure on repairs and offers tenants modern features they desire. The combination of a highly sought-after, amenity-rich location and a brand-new build creates a powerful, future-proof asset poised for strong cash flow and excellent long-term capital appreciation. The current owners converted the two 4/3's into two 3 Bedroom 2 Bath units and two owner "Lock-Out" studios.

Listing Agent

Stephen Wolfson

Premiere Plus Realty Company Listed on: 11/30/2025

Premiere Plus Realty Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,858

Year Built

  • Built in 2023

Lot Details

  • 8,712 Sq Ft Lot
  • 82 Ft Wide Lot
  • Rectangular Lot

Home Design

  • Duplex
  • Concrete Block With Brick
  • Concrete Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Tile Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 55502640007
  • Tax Block 19

Community Details

Overview

  • 4 Units
  • Lely Tropical Estates Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,858

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 2023
  • Property Sub Type: Duplex
  • Horses: No
  • Lot Features: Regular
  • Park Name: LELY TROPICAL ESTATES
  • Is Senior Community?: No
  • Association Amenities: None
  • Co List Office Mls Id: NPPR
  • Standard Status: Active
  • Subdivision Name: LELY TROPICAL ESTATES
  • Architectural Style: Duplex
  • Has Fireplace?: No
  • Is New Construction?: No
  • Structure Type: Duplex
  • Golf Type: No Golf Available
  • Elevator: None
  • Boat Access: None
  • LastChangeTimestamp: 2025-12-29T14:56:12.297Z
  • Community Type: Non-Gated
  • BridgeModificationTimestamp: 2025-12-29T15:01:15.216Z
  • ListAgent_MUI: 45481504
  • CDOM: 29
  • Building Desc: Duplex
  • DOM: 29
  • NABOR_ListPrice: 1199000
  • Special Features: NewHome

Interior Features

  • Flooring: Tile
  • Private Spa: No
  • Full Bathrooms: 6
  • Total Bedrooms: 8

Exterior Features

  • Roof: Shingle
  • Has Private Pool?: No
  • Waterfront Features: None
  • Construction Type: Concrete Block, Stucco
  • Foundation Details: Concrete Block
  • Patio And Porch Features: Patio

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Has Attached Garage?: No

Utilities

  • Cooling: Ceiling Fan(s), Central Electric, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating: Central Electric
  • Water Source: Central

Condo/Co-op/Association

  • Pets Allowed: Yes

Lot Info

  • Waterfront: No
  • Parcel Number: 55502640007
  • Lot Size Sq Ft: 8712
  • Additional Parcels: No
  • Zoning: 8 multi family less than 10 units

Rental Info

  • Lease Term: Buyer Finance/Cash

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5857.78
  • Tax Block: 19

Multi Family

  • Number Of Units Total: 4

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,858 $465,420 -- --
2024 $1,870 $423,109 -- --
2023 $1,870 $72,997 $0 $0
2022 $1,684 $66,361 $0 $0
2021 $689 $60,328 $60,328 $0
2020 $670 $59,288 $59,288 $0
2019 $1,516 $133,139 $133,139 $0
2018 $690 $35,995 $0 $0
2017 $721 $32,723 $0 $0
2016 $463 $29,748 $0 $0
2015 $316 $27,044 $0 $0
2014 $295 $24,963 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2025 12/29/25 Price Changed $1,199,000 -7.7% --
11/30/2025 11/30/25 For Sale $1,299,000 +1755.7% --
07/01/2019 07/01/19 Sold $70,000 -21.3% -- View Prior Sale
05/01/2019 05/01/19 Pending -- -- --
02/05/2019 02/05/19 Price Changed $89,000 -6.3% --
01/04/2019 01/04/19 For Sale $95,000 +13.1% --
01/18/2018 01/18/18 Sold $84,000 -9.6% -- View Prior Sale
12/20/2017 12/20/17 Price Changed $92,901 0.0% --
12/12/2017 12/12/17 Price Changed $92,900 -6.2% --
10/17/2017 10/17/17 Price Changed $99,000 -9.2% --
09/05/2017 09/05/17 For Sale $109,000 -- --
Source: Naples Area Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $70,000 Attorney
Warranty Deed $84,000 Grey Street Title Co
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $11,471 None Available
Warranty Deed $23,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $20,000 No Value Available
Source: Public Records

About the Listing Agent

Stephen Wolfson

Premiere Plus Realty Company

(239) 453-4640

Section Image

Steve has been in real estate for over 40 year assisting folks during their search for either residential, commercial, vacation ,acreage and income producing properties. He was a highly rated motivational speaker for the University of Miami for many years teaching both public and private workshops on " Negotiating; The Art of Persuasion & Results Driven Marketing." Whether it be single family homes, condominiums, townhomes, villas or income producing properties, he represents both new homes

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Source: Naples Area Board of REALTORS®

MLS Number: 225081624

Naples Area Board of REALTORS®

APN: 55502640007