NOT LISTED FOR SALE

Estimated Value: $749,000 - $1,131,000

4 Beds
2 Baths
-- Sq Ft
13,504 Sq Ft Lot

Last Sold June 02, 2023

Last sale price $1,025,000

Est. 5% decrease in value since last sale

Current estimated payment $5,979/month

265 Days on Market

Highlights

  • 0.31 Acre Lot
  • Room in yard for a pool
  • Tile Flooring
  • Naples Park Elementary School Rated A-
  • Concrete Block With Brick
  • Central Heating and Cooling System

About This Home

As of June 2023

Exceptional Double Lot in the Heart of Naples Park!

Introducing a rare opportunity to own a fully remodeled duplex on a FULL DOUBLE LOT with a generous 100-foot-wide frontage in the highly desirable 500 block of Naples Park—a location experiencing rapid growth and surrounded by new construction homes. This property offers a prime buildable footprint, making it perfect for future development, expansion, or a custom luxury residence.

Whether you're seeking a turnkey income-producing investment or a future homesite in one of Naples’ most in-demand areas, this versatile property delivers. It features two spacious 700 sqft units, each with 2 bedrooms and 1 bathroom, plus private screened lanais for enjoying the Florida lifestyle.

Recent upgrades include new HVAC systems (installed in 2019 and 2020), stainless steel appliances, updated bathrooms, and beautiful flooring throughout. A new roof was installed in 2019, ensuring long-term peace of mind and lower maintenance.

The large double lot provides ample space for reimagining the property to suit your needs, whether that means enhancing the current structure or building new.

Ideally located within walking distance to Mercato’s vibrant shopping and dining, and just minutes to Waterside Shops, Naples’ famous beaches, and Downtown’s 5th Avenue South and 3rd Street South.

Opportunities like this in the 500 block are rare—don’t miss your chance to secure a valuable piece of Naples Park with unmatched potential.

Last Agent to Sell the Property

Joseph Caveney

William Raveis Real Estate Listed on: 06/15/2022

William Raveis Real Estate

Last Buyer's Agent

Joseph Caveney

William Raveis Real Estate Listed on: 06/15/2022

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,436

Year Built

  • Built in 1970

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions: 100
  • Sprinkler System

Home Design

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

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Single Hung Windows
  • Room in yard for a pool

Listing and Financial Details

  • Tenant pays for cable, credit application, full electric, full telephone, internet access, sewer, trash removal, water
  • Assessor Parcel Number 62649640005
  • Tax Block 40

Community Details

Overview

  • 2 Units
  • Naples Park Condos
  • Naples Park Community

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $42,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,436

Year Built

Built in 1970

Lot Details

0.31 Acres

Listing Details

  • Legal Description: NAPLES PARK UNIT 3 BLK 40 LOTS 12 + 13
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.264483$-81.815265$292.49$13.33$1.00$TqGp9MJ8WEraROg8u0mepg
  • Building Design: Duplex
  • Building Description: Duplex
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Flooring: Laminate, Tile
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Irrigation: Central
  • Exterior Features: Room for Pool, Sprinkler Auto
  • Exterior Finish: Stucco

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Association/Amenities

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

Condo/Co-op/Association

  • Sub Condo Name: NAPLES PARK
  • Development Name: NAPLES PARK

Lot Info

  • Section: 28
  • Waterfront: No
  • Zoning Code: RMF-6
  • Acres: 0.3100
  • Lot Description: Regular
  • Lot Dimensions: 100 X 135
  • Parcel Number: 62649640005

Rental Info

  • Tenant Pays: Cable, Credit Application, Full Electric, Full Telephone, Internet Access, Sewer, Trash Removal, Water

Tax Info

  • Tax Description: County Only
  • Taxes: 5435.78
  • Tax Year: 2021

Multi Family

  • Gross Rental Income: 42000.00
  • Annual Net Operating Income: 42000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2024
Sold by
Marrocco Monte F
Bought by
545-549 102Nd Avenue Realty Trust and Marrocco
Current Estimated Value
$972,739

Purchase Details

Listed on
Jun 15, 2022
Closed on
Jun 2, 2023
Sold by
Rothcoast Properties Llc
Bought by
Marrocco Monte F
Seller's Agent
Joseph Caveney
William Raveis Real Estate
Buyer's Agent
Joseph Caveney
William Raveis Real Estate
List Price
$1,395,000
Sold Price
$1,025,000
Premium/Discount to List
-$370,000
-26.52%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.85%
Original Mortgage
$820,000
Interest Rate
6.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2017
Sold by
Hodges Thelma T and King Leslie H
Bought by
Rothcoast Properties Llc

Purchase Details

Closed on
Jan 28, 2015
Sold by
Hodges Thelma T and King Leslie H
Bought by
Earl G Hodges Family Trust

Purchase Details

Closed on
Jan 1, 2015
Bought by
Earl G Hodges Fam Trust

Purchase Details

Closed on
Mar 4, 2000
Sold by
N V C Inc
Bought by
Hodges Earl G
Source: Public Records
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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
545-549 102Nd Avenue Realty Trust -- None Listed On Document
Marrocco Monte F $1,025,000 Naples Title
Rothcoast Properties Llc $378,000 Attorney
Earl G Hodges Family Trust -- None Available
Earl G Hodges Fam Trust $100 --
Hodges Earl G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marrocco Monte F $820,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2025 09/26/25 Price Changed $1,095,000 -12.4% $782 / Sq Ft
08/11/2025 08/11/25 For Sale $1,250,000 +22.0% $893 / Sq Ft
06/02/2023 06/02/23 Sold $1,025,000 0.0% --
03/07/2023 03/07/23 Pending -- -- --
09/01/2022 09/01/22 Off Market $1,025,000 -- --
08/12/2022 08/12/22 Price Changed $1,295,000 -7.2% --
06/15/2022 06/15/22 For Sale $1,395,000 -- --
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 $10,355 $1,022,715 $947,700 $75,015
2022 $6,484 $495,853 $0 $0
2021 $5,436 $450,775 $372,600 $78,175
2020 $5,354 $448,343 $363,600 $84,743
2019 $5,012 $414,463 $351,000 $63,463
2018 $4,610 $379,240 $315,000 $64,240
2017 $3,692 $239,188 $0 $0
2016 $3,670 $217,444 $0 $0
2015 $3,032 $197,676 $0 $0
2014 $2,735 $179,705 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 222045919

Naples Area Board of REALTORS®

APN: 62649640005

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