$925,000
SOLD JUN 17, 2025
4 Beds
2 Baths
1,600 Sq Ft
0.31 Acres

Recently Sold

$578 Per Sq Ft

8% Below List Price

63 Days on Market

Highlights

  • 0.31 Acre Lot
  • Tile Flooring
  • Central Heating
  • Naples Park Elementary School Rated A-

About This Home

As of June 2025

***2/1***NAPLES PARK***GARAGE***NO HOA RESTRICTIONS
Prime Investment Opportunity – Duplex in Naples Park Presenting a rare and exceptional investment opportunity in the highly desirable 500 block of Naples Park. This income-producing duplex is ideally positioned just minutes from the pristine shores of Vanderbilt Beach and situated on an oversized lot, offering both immediate returns and long-term growth potential. Strategically located near Mercato’s upscale dining, shopping, and entertainment, as well as world-renowned Gulf beaches, this property appeals to both seasonal visitors and year-round residents. As Naples Park continues to experience strong appreciation and heightened investor demand, opportunities like this have become increasingly scarce. Whether you're seeking consistent rental income, future redevelopment potential, or a prime location to enhance your real estate portfolio, this property delivers on all fronts.

Last Agent to Sell the Property

Angela Muscato

Premier Property Management License #249529915 Listed on: 04/15/2025

Co-Listed By

Andrea Clark

Premier Property Management License #457502381

Last Buyer's Agent

Angela Muscato

Premier Property Management License #249529915 Listed on: 04/15/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,106

Year Built

  • Built in 1979

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 101 x 136 x 101 x 136

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, internet, water
  • Legal Lot and Block 6 / 37
  • Assessor Parcel Number 62646840002

Community Details

Overview

  • 2 Units
  • Naples Park Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $8,100
  • Net Operating Income $40,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,106

Year Built

Built in 1979

Lot Details

0.31 Acres

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.31
  • Lot Size: 101 x 136 x 101 x 136
  • Co List Office Mls Id: NPPM
  • Co List Office Phone: 239-321-6650
  • Subdivision Name: NAPLES PARK
  • Directions: Google Maps.
  • Architectural Style: Ranch, One Story, Duplex
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built: 1979
  • Property Sub Type Additional: Duplex
  • Pets No Pets Comments: ,,,
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Tile
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Other
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: None
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 62646840002
  • Zoning Description: 8 - Multi Family

Rental Info

  • Tenant Pays: Cable TV, Electricity, Internet, Water

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 40500.0
  • Annual Operating Expense: 8100.0

Tax Info

  • Tax Annual Amount: 8105.82
  • Tax Block: 37
  • Tax Lot: 6
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2025
Closed on
Jun 17, 2025
Sold by
Lutz Martha and Sears Anne
Bought by
Rubin Aleksandr
Seller's Agent
Angela Muscato
Premier Property Management
Buyer's Agent
Angela Muscato
Premier Property Management
List Price
$1,000,000
Sold Price
$925,000
Premium/Discount to List
-$75,000
-7.5%
Views
10
Current Estimated Value
$905,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,800
Avg. Annual Appreciation
-3.09%

Purchase Details

Closed on
Jul 2, 2002
Sold by
Knaust Henry E
Bought by
Knaust Henry E
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 Type Sale Price Title Company
Warranty Deed $925,000 None Listed On Document
Warranty Deed $925,000 None Listed On Document
Trustee Deed -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2025 06/24/25 Pending -- -- --
06/17/2025 06/17/25 Sold $925,000 -7.5% $578 / Sq Ft
04/15/2025 04/15/25 For Sale $1,000,000 -- $625 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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 $7,811 $542,784 -- --
2024 $7,619 $493,440 -- --
2023 $7,619 $448,582 -- --
2022 $6,004 $407,802 $0 $0
2021 $5,084 $370,729 $0 $0
2020 $4,862 $337,026 $0 $0
2019 $4,495 $306,387 $0 $0
2018 $4,068 $278,534 $0 $0
2017 $3,816 $253,213 $0 $0
2016 $4,364 $230,194 $0 $0
2015 $3,182 $209,267 $0 $0
2014 $2,860 $190,243 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 225038563

Florida Gulf Coast Multiple Listing Service

APN: 62646840002

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