NOT LISTED FOR SALE

551 97th Ave N Naples, FL 34108

Naples Park Neighborhood

Estimated Value: $1,306,000 - $1,627,000

2 Beds
2 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold April 26, 2022

Last sale price $755,000

Est. 94% increase in value since last sale

Current estimated payment $8,164/month

98 Days on Market

Highlights

  • Concrete Pool
  • High Impact Windows
  • Tile Flooring
  • Naples Park Elementary School Rated A-
  • Concrete Block With Brick
  • 1-Story Property

About This Home

As of April 2022

Investment opportunity in the 500 BLOCK of Naples Park! One bedroom one bath on each side of this duplex. Owner currently lives on one side and rents out the other. Needs TLC but with a little design love and imagination, these could be very cute units. In the past, owner thought about building a second story -- adding a second bedroom to each unit as well as a powder bath townhouse-style. Nice-sized pool on property. Bike ride or walk to Vanderbilt Beach and Delnor-Wiggins. Lots of shopping and restaurants nearby including the fabulous Mercato complex!

Last Agent to Sell the Property

William Trembath

Tropics Real Estate, LLC Listed on: 11/08/2021

Last Buyer's Agent

Vince Iorio

Achieve Realty LLC

Achieve Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,573

Year Built

  • Built in 1969

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions: 50

Home Design

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

Interior Spaces

  • 1-Story Property
  • Single Hung Windows
  • Sliding Windows
  • Tile Flooring
  • High Impact Windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • Concrete Pool
  • In Ground Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for full electric
  • Assessor Parcel Number 62645080009
  • Tax Block 35

Community Details

Overview

  • 2 Units
  • Naples Park Condos

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $1,080
  • Net Operating Income $14,520

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,573

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Legal Description: NAPLES PARK UNIT 3 BLK 35 LOT 12
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.260013$-81.815107$185.03$13.33$1.00$KIzb01mzuQOoG_3sPdAgKQ
  • Building Design: Duplex
  • Building Description: 1 Story/Ranch
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Flooring: Tile
  • Windows: Impact Resistant, Single Hung, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Road: City Maintained
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground, Concrete

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

Lot Info

  • Section: 28
  • Waterfront: No
  • Zoning Code: 8
  • Acres: 0.1600
  • Lot Description: Regular
  • Lot Dimensions: 50 X 135
  • Parcel Number: 62645080009

Rental Info

  • Tenant Pays: Full Electric

Tax Info

  • Tax Description: County Only
  • Taxes: 2573.00

Multi Family

  • Gross Rental Income: 15600.00
  • Annual Expenses: 1080.00
  • Annual Net Operating Income: 14520.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2024
Sold by
Naples Park Venture Llc
Bought by
Trevi Ig Llc
Current Estimated Value
$1,461,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,208,062
Outstanding Balance
$1,200,879
Interest Rate
8.75%
Mortgage Type
New Conventional
Estimated Equity
$260,871

Purchase Details

Closed on
Jan 17, 2023
Sold by
Custom Homes By Kaye Inc
Bought by
Naples Park Venture Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,017,014
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2001
Sold by
Reniere Sandra
Bought by
Dimeglio Frank M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
7.53%
Mortgage Type
Commercial
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
Trevi Ig Llc $1,610,750 Omega National Title
Trevi Ig Llc $1,610,750 Omega National Title
Naples Park Venture Llc -- Omega National Title
Dimeglio Frank M $46,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trevi Ig Llc $1,208,062
Closed Trevi Ig Llc $1,208,062
Previous Owner Naples Park Venture Llc $1,017,014
Previous Owner Dimeglio Frank M $91,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2022 04/26/22 Sold $755,000 -5.5% --
02/14/2022 02/14/22 Pending -- -- --
02/09/2022 02/09/22 Price Changed $799,000 -8.1% --
11/08/2021 11/08/21 For Sale $869,000 -- --
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 $6,333 $1,224,571 $526,500 $698,071
2024 $6,293 $654,480 $654,480 --
2023 $6,293 $634,500 $634,500 $0
2022 $2,944 $248,691 $0 $0
2021 $2,639 $230,104 $0 $0
2020 $2,573 $222,056 $0 $0
2019 $2,406 $206,134 $0 $0
2018 $2,240 $191,797 $0 $0
2017 $2,112 $178,566 $0 $0
2016 $2,075 $166,452 $0 $0
2015 $1,862 $156,135 $0 $0
2014 $1,612 $96,667 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • William Trembath

    Seller's Agent in 2022

    William Trembath

    Tropics Real Estate, LLC

    (239) 290-4443

    1 in this area

    32 Total Sales

    William Trembath
    Section Image
  • Vince Iorio

    Buyer's Agent in 2022

    Vince Iorio

    Achieve Realty LLC

    (239) 571-1299

    3 in this area

    70 Total Sales

    Vince Iorio
    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 221078484

Naples Area Board of REALTORS®

APN: 62645080009

Florida Collier County Naples 34108 Naples Park

551 97th Ave N, 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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