NOT LISTED FOR SALE

Estimated Value: $912,000 - $1,175,264

4 Beds
4 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold February 22, 2024

Last sale price $900,000

Est. 19% increase in value since last sale

Current estimated payment $6,633/month

25 Days on Market

Highlights

  • Wood Flooring
  • High Impact Windows
  • 1-Story Property
  • Naples Park Elementary School Rated A-
  • Concrete Block With Brick
  • Central Heating and Cooling System

About This Home

As of February 2024

Fantastic opportunity to own a completely renovated rental property located on an oversized lot in the 500 block of 106th Ave, which is the more
desirable locations in all of Naples Park. Property is a duplex consisting of two, completely renovated 902 sqft units, each with two bedrooms, two
bathrooms, private screened in lanai, and a fenced in backyard for both units. New stainless steel appliances, beautiful wood flooring, modern bathrooms and tasteful finishes are just a few of the upgrades this property has to offer. The property also features impact windows and doors, metal roof, carport, laundry in each residence. Perfect for an investor looking to create rental income while planning a future new construction home on an extremely rare, oversized lot in 500 block. Naples Park is within walking distance to Vanderbilt Beach and Wiggins Pass Beach, the all new Ritz Carlton, Mercato, a few minutes to the Waterside Shops. A truly great investment with long term upside.

Last Agent to Sell the Property

Joseph Caveney

William Raveis Real Estate License #NAPLES-249524686 Listed on: 01/04/2024

William Raveis Real Estate

Last Buyer's Agent

Joseph Caveney

William Raveis Real Estate License #NAPLES-249524686 Listed on: 01/04/2024

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,376

Year Built

  • Built in 1968

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions: 75
  • Fenced
  • Sprinkler System

Home Design

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

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Windows
  • High Impact Windows

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 62844600002
  • Tax Block 76

Community Details

Overview

  • 2 Units
  • Naples Park Condos
  • Naples Park Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,376

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Legal Description: NAPLES PARK UNIT 6 BLK 76 W1/2 OF LOT 12, ALL OF LOT 13
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.268097$-81.81549$298.65$13.33$1.00$zw4D2cxSueHJYb3J5X6kXQ
  • Building Design: Duplex
  • Building Description: 1 Story/Ranch
  • Year Built: 1968
  • Property Information: Fantastic opportunity to own a completely renovated rental property located on an oversized lot in the 500 block of 106th Ave, which is the more desirable locations in all of Naples Park. Property is a duplex consisting of two, completely renovated 902 sqft units, each with two bedrooms, two bathrooms, private screened in lanai, and a fenced in backyard for both units. New stainless steel appliances, beautiful wood flooring, modern bathrooms and tasteful finishes are just a few of the upgrades this property has to offer. The property also features impact windows and doors, metal roof, carport, laundry in each residence. Perfect for an investor looking to create rental income while planning a future new construction home on an extremely rare, oversized lot in 500 block. Naples Park is within walking distance to Vanderbilt Beach and Wiggins Pass Beach, the all new Ritz Carlton, Mercato, a few minutes to the Waterside Shops. A truly great investment with long term upside.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Flooring: Tile, Wood
  • Windows: Impact Resistant, Single Hung, Sliding

Exterior Features

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

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, 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

  • Lot Back: 75
  • Lot Frontage: 75
  • Lot Left: 135
  • Lot Right: 135
  • Lot Unit: 12
  • Section: 28
  • Waterfront: No
  • Zoning Code: RMF-6
  • Acres: 0.2300
  • Lot Description: Oversize
  • Lot Dimensions: 75 X 135
  • Parcel Number: 62844600002

Tax Info

  • Tax Description: County Only
  • Taxes: 7376.27
  • Tax Year: 2022

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
Feb 22, 2024
Sold by
Rothcoast Properties Llc
Bought by
Thomas Regner Living Trust and Regner
Seller's Agent
Joseph Caveney
William Raveis Real Estate
Buyer's Agent
Joseph Caveney
William Raveis Real Estate
List Price
$1,095,000
Sold Price
$900,000
Premium/Discount to List
-$195,000
-17.81%
Views
27
Current Estimated Value
$1,067,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,351
Avg. Annual Appreciation
12.78%

Purchase Details

Closed on
Apr 4, 2018
Sold by
547 106Th Ave N Llc
Bought by
Rothcoast Properties Llc

Purchase Details

Closed on
Dec 22, 2014
Sold by
Rincon Jose A and Rincon Claudia
Bought by
547 106Th Ave N Llc

Purchase Details

Closed on
Nov 1, 2000
Sold by
Delgado Manuel and Delgado Dulce Maria
Bought by
Kopper Hermann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
7.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 3, 1998
Sold by
Mcnulty Joyce E
Bought by
Delgado Manuel and Delgado Dulce Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,748
Interest Rate
6.96%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Thomas Regner Living Trust $900,000 Naples Title
Rothcoast Properties Llc $360,000 Noble Title & Trust Llc
547 106Th Ave N Llc $290,000 Sunshine Title & Escrow Inc
Kopper Hermann $186,000 --
Delgado Manuel $129,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rincon Jose A $211,128
Previous Owner Kopper Hermann $189,000
Previous Owner Kopper Hermann $139,500
Previous Owner Delgado Manuel $64,748
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2024 02/22/24 Sold $900,000 -13.9% --
01/29/2024 01/29/24 Pending -- -- --
01/15/2024 01/15/24 Price Changed $1,045,000 -4.6% --
01/04/2024 01/04/24 For Sale $1,095,000 -- --
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
2023 $9,470 $647,342 $0 $0
2022 $7,376 $588,493 $0 $0
2021 $6,663 $534,994 $0 $0
2020 $5,776 $486,358 $0 $0
2019 $5,317 $442,144 $351,000 $91,144
2018 $4,458 $329,164 $0 $0
2017 $3,745 $299,240 $237,600 $61,640
2016 $4,251 $289,179 $0 $0
2015 $3,352 $262,890 $0 $0
2014 $2,619 $175,072 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 224001041

Naples Area Board of REALTORS®

APN: 62844600002