NOT LISTED FOR SALE

Estimated Value: $696,739 - $1,029,000

4 Beds
3 Baths
2,029 Sq Ft
$416/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $580,000 $286 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $5,145/month

42 Days on Market

Highlights

  • Boat Ramp
  • Fruit Trees
  • Patio
  • Naples Park Elementary School Rated A-
  • Concrete Block With Brick
  • Tile Flooring

About This Home

As of October 2021

Unlimited Sunsets coming with the purchase of this property! Best location in town with walking distance to the beautiful Naples beaches!!! Residential Multi Family located on a large corner lot on the 500 block in highly desirable Naples Park, west of US 41, close distance to the public boat ramp, parks, shopping centers, malls, restaurants, entertainment and all the best Naples has to offer. House is divided now into 2 apartments. One unit has an open floor plan with 3 bedroom+ den, 2 bathrooms, kitchen, living and dining area. A very large master bedroom with separate entrance from the backyard and that can be used as in-law suite. Second apartment has one large efficiency room with kitchen and one full bath. Property has attached 2 car garage and two separate driveways with access from two different streets. Newer roof replaced in 2018, CBS construction, remodeled kitchen with wood cabinets and granite countertops, tile floorings throughout. Excellent duplex style for family or investor! Great rental income in the area! Can be used as an annual rental, Airbnb or vacation rental. No association fee, no pet or rental restrictions! Came see it today and make this your dream home!

Last Agent to Sell the Property

Mirela Roman

Florida Elite Realty Inc Listed on: 07/14/2021

Last Buyer's Agent

Stephanie Haddaway

Platinum Real Estate

Platinum Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,540

Year Built

  • Built in 1985

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions: 55
  • Paved or Partially Paved Lot
  • Fruit Trees

Home Design

  • Duplex
  • Concrete Block With Brick
  • Shingle Roof
  • Ridge Vents on the Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Dock has access to water
  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, full electric, full telephone, irrigation water, sewer, water
  • Assessor Parcel Number 62646640008
  • Tax Block 37

Community Details

Overview

  • Naples Park Condos

Recreation

  • Boat Ramp

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $5,000
  • Net Operating Income $16,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,540

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Legal Description: NAPLES PARK UNIT 3 BLK 37 LOT 1
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.261827$-81.813481$310.60$13.33$1.00$w0czuSE7Axo2xg6aH_WqtA
  • Building Design: Duplex
  • Building Description: 1 Story/Ranch, Duplex
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Flooring: Tile
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Boat Access: Water Avail at Dock
  • Irrigation: Central
  • Road: Paved Road, Public Road
  • Exterior Features: Fruit Trees, Patio
  • Exterior Finish: Stucco

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric, Ridge Vent
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Association/Amenities

  • Pets: No Approval Needed
  • Development: Naples Park
  • Amenities: Community Boat Ramp
  • Community Type: Non-Gated
  • Units In Building: 1

Condo/Co-op/Association

  • Sub Condo Name: NAPLES PARK

Lot Info

  • Lot Back: 55
  • Lot Frontage: 55
  • Lot Left: 135
  • Lot Right: 135
  • Lot Unit: 1
  • Section: 28
  • Waterfront: No
  • Zoning Code: RMF-6
  • Acres: 0.1700
  • Lot Description: Regular
  • Lot Dimensions: 55 X 135
  • Parcel Number: 62646640008

Rental Info

  • Tenant Pays: Cable, Full Electric, Full Telephone, Irrigation Water, Sewer, Water

Tax Info

  • Tax Description: County Only, No Homestead
  • Taxes: 4540.00

Multi Family

  • Gross Rental Income: 21600.00
  • Annual Expenses: 5000.00
  • Annual Net Operating Income: 16600.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Oct 5, 2021
Sold by
Hamici Hakim and Hamici Lotfia
Bought by
Quick Randall Scott and Quick Kristina Dawn
Seller's Agent
Mirela Roman
Florida Elite Realty Inc
Buyer's Agent
Stephanie Haddaway
Platinum Real Estate
List Price
$799,000
Sold Price
$580,000
Premium/Discount to List
-$219,000
-27.41%
Current Estimated Value
$844,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,435
Avg. Annual Appreciation
9.92%
Original Mortgage
$406,000
Outstanding Balance
$370,234
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$474,201

Purchase Details

Closed on
Aug 11, 2005
Sold by
Bartic Brendan and Bartic Kelli
Bought by
Hamici Hakim and Hamici Lotfia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.48%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 30, 1997
Sold by
Fontana Thomas J
Bought by
Fontana Thomas and Fontana Debra

Purchase Details

Closed on
Apr 24, 1995
Sold by
Anthony J Fontana Tr
Bought by
Fontana Thomas J

Purchase Details

Closed on
Feb 22, 1995
Sold by
Fontana Anthony and Fontana Divina
Bought by
Anthony J Fontana Tr
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
Quick Randall Scott $580,000 Accommodation
Hamici Hakim $500,000 First American Title Co
Fontana Thomas -- --
Fontana Thomas J -- --
Anthony J Fontana Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quick Randall Scott $406,000
Previous Owner Hamici Hakim $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2021 10/08/21 Sold $580,000 -17.1% $286 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
07/27/2021 07/27/21 Price Changed $699,900 -6.7% $345 / Sq Ft
07/20/2021 07/20/21 Price Changed $750,000 -6.1% $370 / Sq Ft
07/14/2021 07/14/21 For Sale $799,000 -- $394 / Sq Ft
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 $7,798 $744,766 -- --
2024 $7,448 $677,060 -- --
2023 $7,448 $594,504 $0 $0
2022 $5,950 $540,458 $469,631 $70,827
2021 $4,705 $405,155 $273,240 $131,915
2020 $4,540 $394,249 $266,640 $127,609
2019 $4,381 $374,697 $0 $0
2018 $3,971 $340,634 $231,000 $109,634
2017 $4,071 $346,389 $0 $0
2016 $3,697 $314,899 $0 $0
2015 $1,827 $187,643 $0 $0
2014 $1,825 $131,154 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 221051514

Naples Area Board of REALTORS®

APN: 62646640008