NOT LISTED FOR SALE

5490 28th Ave SW Naples, FL 34116

Estimated Value: $462,000 - $581,000

4 Beds
4 Baths
-- Sq Ft
0.25 Acres

Last Sold March 31, 2017

Last sale price $300,000

Est. 79% increase in value since last sale

Current estimated payment $3,256/month

257 Days on Market

About This Home

As of March 2017

Come to see today!!! great income opportunity, Nice and spacious Duplex well located in Golden Gate City, Pet Friendly, very well maintained, each unit has 2 bedrooms 2 baths with an attached Garage, spacious kitchen, large back yard, only two minutes to I-75 and five minutes to 951 / Collier Boulevard.

Last Agent to Sell the Property

Diana Villarreal

Xclusive Homes LLC Listed on: 06/13/2016

Xclusive Homes LLC

Co-Listed By

Juan Orozco

Xclusive Homes LLC

Last Buyer's Agent

Leo Munoz

Xclusive Homes LLC License #NAPLES-249520489

Property Details

Home Type

  • Multi-Family

Year Built

  • 2002

Lot Details

  • 0.25

Home Design

  • Duplex

Listing and Financial Details

  • Tenant pays for application fee, cable, full electric

Community Details

Overview

  • Golden Gate City Condos

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $3,000
  • Net Operating Income $18,600

Property Details

Home Type

Multi-Family

Year Built

2002

Lot Details

0

Listing Details

  • Legal Description: GOLDEN GATE UNIT 6 BLK 219 LOT 2 AND N 10FT OF ALLEY ADJ TO S LINE LOT 2 VACATED BY RES 95-639 IN OR 2126 PG 1968
  • Street View Param: 1$26.175261$-81.71633099999997$154.55$13.33$1.00$1mpMmWIOrDo8aNjkETx2-Q
  • Building Design: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2002

Interior Features

  • Flooring: Carpet, Tile

Exterior Features

  • Roof: Shingle
  • Construction: Concrete Block
  • Exterior Finish: Stucco
  • Irrigation: Well
  • Windows: Sliding

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Sewer: Septic
  • Water: Well

Condo/Co-op/Association

  • Community Type: Non-Gated
  • Sub Condo Name: GOLDEN GATE CITY

Association/Amenities

  • Units in Building: 2
  • Pets: No Approval Needed
  • Development: Golden Gate City

Lot Info

  • Lot Description: Regular
  • Section: 28
  • Zoning Code: RMF-6

Rental Info

  • Tenant Pays: Application Fee, Cable, Full Electric

Tax Info

  • Tax Description: City And County

Multi Family

  • Annual Expenses: 3000.00
  • Annual Net Operating Income: 18600.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2016
Closed on
Mar 31, 2017
Sold by
Villaramos Llc
Bought by
R And R Home Services Llc
Seller's Agent
Diana Villarreal
Xclusive Homes LLC
Buyer's Agent
Leo Munoz
Xclusive Homes LLC
List Price
$305,000
Sold Price
$300,000
Premium/Discount to List
-$5,000
-1.64%
Current Estimated Value
$538,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,267
Avg. Annual Appreciation
6.96%
Original Mortgage
$200,000
Outstanding Balance
$166,156
Interest Rate
4.15%
Mortgage Type
Commercial
Estimated Equity
$372,111

Purchase Details

Closed on
Oct 24, 2016
Sold by
Villasante Jorge A and Martell Ivis M Ramos
Bought by
Villaramos Llc

Purchase Details

Listed on
Mar 6, 2014
Closed on
Sep 30, 2014
Sold by
Hasan Kazim and Hasam Kasin
Bought by
Martinez Jorge Alberto Villasante and Martel Ivis Maria Ramos
Seller's Agent
Altin Meleqi
The Real Estate Connection LLC
Buyer's Agent
Diana Villarreal
Xclusive Homes LLC
List Price
$285,000
Sold Price
$250,000
Premium/Discount to List
-$35,000
-12.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%

Purchase Details

Closed on
Jul 17, 2001
Sold by
Kickenweitz Edward J and Kickenweitz Linda A
Bought by
Hasam Kasin
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
R And R Home Services Llc $30,000 Omega Land Title
Villaramos Llc -- None Available
Martinez Jorge Alberto Villasante $250,000 Attorney
Hasam Kasin $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open R And R Home Services Llc $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2017 03/31/17 Sold $300,000 -1.6% --
02/25/2017 02/25/17 Pending -- -- --
01/20/2017 01/20/17 For Sale $305,000 0.0% --
01/17/2017 01/17/17 Pending -- -- --
01/17/2017 01/17/17 Price Changed $305,000 0.0% --
01/17/2017 01/17/17 For Sale $305,000 -11.6% --
01/09/2017 01/09/17 Pending -- -- --
10/19/2016 10/19/16 For Sale $344,900 0.0% --
10/03/2016 10/03/16 Pending -- -- --
07/08/2016 07/08/16 Price Changed $344,900 -1.4% --
06/13/2016 06/13/16 For Sale $349,900 +40.0% --
09/30/2014 09/30/14 Sold $250,000 -12.3% -- View Prior Sale
09/19/2014 09/19/14 Pending -- -- --
03/06/2014 03/06/14 For Sale $285,000 -- --
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
2025 $5,101 $363,994 $151,360 $212,634
2024 $4,998 $405,807 -- --
2023 $4,998 $368,915 $0 $0
2022 $4,739 $335,377 $0 $0
2021 $4,489 $304,888 $0 $0
2020 $3,807 $277,171 $119,740 $157,431
2019 $3,535 $253,582 $99,854 $153,728
2018 $3,324 $237,234 $48,963 $188,271
2017 $2,909 $202,619 $44,722 $157,897
2016 $2,834 $198,429 $0 $0
2015 $2,623 $180,390 $0 $0
2014 $2,041 $121,207 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Diana Villarreal

    Seller's Agent in 2017

    Diana Villarreal

    Xclusive Homes LLC

    (239) 641-9379

    9 in this area

    96 Total Sales

    Diana Villarreal
    Section Image

  • J

    Seller Co-Listing Agent in 2017

    Juan Orozco

    Xclusive Homes LLC

    (239) 200-8261

    1 in this area

    14 Total Sales

    Juan Orozco
    Section Image

  • L

    Buyer's Agent in 2017

    Leo Munoz

    Xclusive Homes LLC

    Section Image

  • A

    Seller's Agent in 2014

    Altin Meleqi

    The Real Estate Connection LLC

    1 in this area

    13 Total Sales

    Altin Meleqi
    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 216039538

Naples Area Board of REALTORS®

APN: 36318960000

Florida Collier County Naples 34116

5490 28th Ave SW, Naples, FL

Not Listed for Sale

MultiFamily

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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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