$740,000
SOLD MAR 7, 2022

5254 Coronado Pkwy Naples, FL 34116

6 Beds
3 Baths
-- Sq Ft
0.34 Acres

Recently Sold

4% Below List Price

2 Days on Market

Highlights

  • Fruit Trees
  • Concrete Block With Brick
  • Tile Flooring
  • High Impact Windows
  • Patio
  • Central Heating and Cooling System

About This Home

As of March 2022

AMAZING INVESTMENT OPPORTUNITY! Rarely available Triplex that has great rent rolls with long term tenants who are currently month-to-month. Tile floors, updates, impact windows and doors, washer/dryers hook-ups and plenty of parking. Each unit is individually metered. This property is producing great income with very little maintenance. This is the perfect property for investors who desire low maintenance and high income!! There is also room to add an additional unit.

Last Agent to Sell the Property

Nelson Riverasoto

A 1 Prime Realty LLC Listed on: 01/12/2022

Last Buyer's Agent

Maikol Del Sol Pa

Mamba Realty LLC License #FORT-258029711

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,739

Year Built

  • Built in 1981

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions: 120
  • Privacy Fence
  • Paved or Partially Paved Lot
  • Fruit Trees

Home Design

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

Interior Spaces

  • Ceiling Fan
  • Tile Flooring
  • High Impact Windows

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Well
  • Water Softener
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, full electric, full telephone, internet access
  • Assessor Parcel Number 36317240006
  • Tax Block 202

Community Details

Overview

  • 3 Units
  • Golden Gate City Condos

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $4,738
  • Net Operating Income $51,662

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,739

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Legal Description: GOLDEN GATE UNIT 6 BLK 202 LOT 9
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.182639$-81.71239$5.41$13.33$1.00$z1owvnsg7iJ9Ng9YBQR0pQ
  • Building Design: Triplex
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 6
  • Flooring: Tile
  • Windows: Impact Resistant

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Road: County Maintained, Paved Road, Public Road
  • Exterior Features: Fruit Trees, Patio, Privacy Wall
  • Exterior Finish: Stucco

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Sewer: Septic
  • Water: Softener, Well

Association/Amenities

  • Pets: No Approval Needed
  • Development: Golden Gate City
  • Units In Building: 3

Condo/Co-op/Association

  • Sub Condo Name: GOLDEN GATE CITY

Lot Info

  • Lot Back: 120
  • Lot Frontage: 120
  • Lot Left: 125
  • Lot Right: 125
  • Lot Unit: 9
  • Section: 28
  • Waterfront: No
  • Zoning Code: RMF-12
  • Acres: 0.3400
  • Lot Description: Regular
  • Lot Dimensions: 120 X 125
  • Parcel Number: 36317240006

Rental Info

  • Tenant Pays: Cable, Full Electric, Full Telephone, Internet Access

Tax Info

  • Tax Description: County Only
  • Taxes: 4738.59

Multi Family

  • Unit Count: 3
  • Gross Rental Income: 56400.00
  • Annual Expenses: 4738.00
  • Annual Net Operating Income: 51662.00
  • Total Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2024
Sold by
Wolf Kenneth
Bought by
Kenneth Wolf Living Trust and Wolf
Current Estimated Value
$838,372

Purchase Details

Listed on
Jan 12, 2022
Closed on
Feb 23, 2022
Sold by
Russell Crawford and Russell Jeffrey
Bought by
Wolf Kenneth
Seller's Agent
Nelson Riverasoto
A 1 Prime Realty LLC
Buyer's Agent
Maikol Del Sol Pa
Mamba Realty LLC
List Price
$769,999
Sold Price
$740,000
Premium/Discount to List
-$29,999
-3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.60%
Original Mortgage
$703,255
Interest Rate
3.92%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 14, 2020
Sold by
First Choice Developers Llc
Bought by
Crawford Alison and Kiley Jeffrey Russell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2019
Sold by
Leon Anahidia
Bought by
First Choice Developers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 1996
Sold by
Smith Reed M
Bought by
Leon Anahidia
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $740,000 Nu World Title
Warranty Deed $440,000 Paradise Coast T&E Llc
Warranty Deed $158,365 Attorney
Warranty Deed $99,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $703,255 FHA
Previous Owner $326,250 New Conventional
Previous Owner $210,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2022 03/07/22 Sold $740,000 -3.9% --
01/14/2022 01/14/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $769,999 -- --
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 $5,737 $367,867 $195,000 $172,867
2024 $6,154 $457,695 $281,250 $176,445
2023 $6,154 $486,986 $281,250 $205,736
2022 $5,677 $423,718 $221,250 $202,468
2021 $5,416 $387,134 $170,315 $216,819
2020 $4,988 $356,199 $163,494 $192,705
2019 $3,632 $206,702 $0 $0
2018 $3,375 $187,911 $0 $0
2017 $3,082 $170,828 $0 $0
2016 $2,932 $155,298 $0 $0
2015 $2,681 $141,180 $0 $0
2014 $2,416 $128,345 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 222001836

Naples Area Board of REALTORS®

APN: 36317240006