NOT LISTED FOR SALE

520 111th Ave N Naples, FL 34108

Naples Park Neighborhood

Estimated Value: $824,941 - $1,069,000

5 Beds
3.5 Baths
1,751 Sq Ft
$541/Sq Ft Est. Value

Last Sold December 29, 2020

Last sale price $575,000 $328 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,347/month

155 Days on Market

Highlights

  • Central Heating and Cooling System
  • Ceiling Fan
  • Fenced
  • Naples Park Elementary School Rated A-
  • Laundry Facilities
  • Paved or Partially Paved Lot

About This Home

As of December 2020

This Naples Park Triplex Property is an income-producing gem, grossing over $57,000 annually! Completely renovated inside & out. Or consider living in one unit & having the other 2 units cover all your costs & put $$$ in your pocket. Seasonal, Airbnb rentals, annual, or owner-occupied, you have options with this property! Property Improvements: new floors throughout, all hurricane new windows, 3 new HVAC systems, new roof, & new stucco (2018). New kitchens & updated baths in two of the units; and the 3rd is updated. The property is located a 1/2 mile from Vanderbilt Beach & Wiggins State Park. It is centrally located from grocery stores, dining, & entertainment. Two units are 2 Bedrooms 1 Bath and the 1st-floor unit is a 1 Bedroom with 1 1/2 Baths. There are 3 private storage units (with W/D hookups) and parking for 5. Currently, one storage unit is the laundry for all 3 units. This property's location is tough to beat and the units command strong rent.

Last Agent to Sell the Property

Jon Feins

Compass Florida LLC License #NAPLES-249523744 Listed on: 07/18/2020

Compass Florida LLC

Co-Listed By

Richard St Germain

Compass Florida LLC License #NAPLES-249524311

Last Buyer's Agent

Desi Deswal

Redfin Corporation License #FORT-267510413

Redfin Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,128

Year Built

  • Built in 1979

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions: 50
  • Fenced
  • Paved or Partially Paved Lot

Home Design

  • Triplex
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • Multi-Level Property
  • Ceiling Fan
  • Single Hung Windows
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

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

Listing and Financial Details

  • Tenant pays for cable, cleaning fee, credit application, departure cleaning, internet access, long distance telephone, partial electric, pest control, pet deposit
  • Assessor Parcel Number 62851400004
  • Tax Block 80

Community Details

Overview

  • 3 Units
  • Naples Park Condos

Amenities

  • Laundry Facilities
  • Community Storage Space

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,128

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Legal Description: NAPLES PARK UNIT 6 BLK 80 LOT 30 OR 1813 PG 1103
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.272059$-81.816727$187.42$13.33$1.00$b13fppnEMfwUU_d8_cdUwg
  • Building Design: Triplex
  • Building Description: Multi-Story Home
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Flooring: Vinyl
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Wood Frame
  • Road: County Maintained, Paved Road
  • Exterior Features: Fence
  • Exterior Finish: Stucco, Wood Siding

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric, Wall Unit, Window Unit
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Association/Amenities

  • Pets: No Approval Needed
  • Development: Naples Park
  • Amenities: Common Laundry, Extra Storage
  • Community Type: Non-Gated
  • Units In Building: 3

Condo/Co-op/Association

  • Sub Condo Name: NAPLES PARK

Lot Info

  • Lot Back: 50
  • Lot Frontage: 50
  • Lot Left: 110
  • Lot Right: 110
  • Lot Unit: 30
  • Section: 28
  • Waterfront: No
  • Zoning Code: 8
  • Acres: 0.1300
  • Lot Description: Regular
  • Lot Dimensions: 50 X 110
  • Parcel Number: 62851400004

Rental Info

  • Tenant Pays: Cable, Cleaning Fee, Credit Application, Departure Cleaning, Internet Access, Long Distance Telephone, Partial Electric, Pest Control, Pet Deposit

Tax Info

  • Tax Description: County Only
  • Taxes: 3128.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2020
Closed on
Dec 23, 2020
Sold by
Horton Miles A
Bought by
Tuttle Clinton
Seller's Agent
Jon Feins
Compass Florida LLC
Buyer's Agent
Desi Deswal
Redfin Corporation
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
$904,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,377
Avg. Annual Appreciation
11.27%

Purchase Details

Listed on
Dec 29, 2016
Closed on
Jul 12, 2017
Sold by
James Peek Investments Llc
Bought by
Horton Miles A
Seller's Agent
Judith Kruzich
Grice Realty Inc
Buyer's Agent
Judith Kruzich
Grice Realty Inc
List Price
$385,000
Sold Price
$325,000
Premium/Discount to List
-$60,000
-15.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.87%
Original Mortgage
$273,966
Interest Rate
3.94%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 29, 2010
Sold by
Herman Wilbur M and Herman Jo Ann
Bought by
James Peck Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
4.94%
Mortgage Type
Seller Take Back
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
Tuttle Clinton $575,000 Cottrell T&E Llc
Horton Miles A $325,000 Attorney
James Peck Investments Llc $155,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Horton Miles A $338,100
Previous Owner Horton Miles A $273,966
Previous Owner James Peck Investments Llc $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2020 12/29/20 Sold $575,000 0.0% $328 / Sq Ft
12/20/2020 12/20/20 Pending -- -- --
07/18/2020 07/18/20 For Sale $575,000 +76.9% $328 / Sq Ft
07/12/2017 07/12/17 Sold $325,000 -9.5% $102 / Sq Ft
06/07/2017 06/07/17 Pending -- -- --
03/21/2017 03/21/17 Price Changed $359,000 -5.5% $112 / Sq Ft
03/12/2017 03/12/17 Price Changed $379,900 -1.3% $119 / Sq Ft
12/29/2016 12/29/16 For Sale $385,000 -- $120 / Sq Ft
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
2024 $5,485 $409,739 -- --
2023 $5,485 $372,490 $0 $0
2022 $3,814 $338,627 $254,355 $84,272
2021 $4,776 $411,583 $227,700 $183,883
2020 $3,512 $271,993 $0 $0
2019 $3,128 $247,266 $0 $0
2018 $2,693 $224,787 $132,440 $92,347
2017 $3,128 $239,100 $0 $0
2016 $2,846 $217,364 $0 $0
2015 $2,550 $197,604 $0 $0
2014 $2,347 $179,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jon Feins

    Seller's Agent in 2020

    Jon Feins

    Compass Florida LLC

    (239) 687-9546

    2 in this area

    73 Total Sales

    Jon Feins
    Section Image

  • R

    Seller Co-Listing Agent in 2020

    Richard St Germain

    Compass Florida LLC

    (603) 828-4659

    1 in this area

    12 Total Sales

    Richard St Germain
    Section Image

  • D

    Buyer's Agent in 2020

    Desi Deswal

    Redfin Corporation

    Section Image

  • J

    Seller's Agent in 2017

    Judith Kruzich

    Grice Realty Inc

    Section Image
  • Daniel Baber

    Seller Co-Listing Agent in 2017

    Daniel Baber

    WeichertRealtors-ParadiseHomes

    (239) 249-8050

    Daniel Baber
    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 220051630

Naples Area Board of REALTORS®

APN: 62851400004

Florida Collier County Naples 34108 Naples Park

520 111th Ave N, Naples, FL

This home is located at 520 111th Ave N, Naples, FL 34108 since 18 July 2020 and is currently estimated at $947,985, approximately $541 per square foot. This property was built in 1979. 520 111th Ave N is a home located in Collier County with nearby schools including Naples Park Elementary School, Pine Ridge Middle School, and Grace Classical Academy.

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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