J
Seller's Agent in 2022
Joseph Rotella
Coast to Coast Preferred Prop
(239) 345-8200
4 in this area
7 Total Sales
605 107th Ave N Naples, FL 34108
Naples Park NeighborhoodEstimated Value: $1,421,995 - $2,344,000
6
Beds
6
Baths
3,808
Sq Ft
$436/Sq Ft
Est. Value
Highlights
- Impact Glass
- Tile Flooring
- Ceiling Fan
- Naples Park Elementary School Rated A-
- Central Heating and Cooling System
- Under Construction
About This Home
As of May 2022An ideal investment, this BRAND NEW Naples Park duplex is built to deliver a strong and constant ROI for a savvy buyer. Annual and seasonal rentals are in ultra-high demand in the Naples Park neighborhood, and this property will produce a premium income. High standards and quality construction show with every element of the building, including standing-seam metal roof (30 yr warranty), PGT impact windows and doors, completely insulated attic, elevated grade (12" above code), CBS construction and designer finishings throughout. Each unit has a spacious and comfortable floorplan with an open-concept kitchen/great room, three bedrooms, 2.5 bathrooms, laundry, screened lanai, garage and plenty of parking. An absentee owner can enjoy lasting benefits of new construction while collecting anticipated annual gross rental income of $132k in a traditional lease model or $260k as a weekly vacation rental investment. This property offers true 'Naples living' every day with nearby Mercato providing renowned entertainment, dining and shopping. Vanderbilt Beach and Wiggins State Park just a short walk or bike ride away! CO expected soon as the final touches are added! *Pictures virtually staged*
Last Agent to Sell the Property
Coast to Coast Preferred Prop License #278045855 Listed on: 03/01/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,601
Year Built
- Built in 2022 | Under Construction
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 80 x 135 x 80 x 135
- Privacy Fence
- Rectangular Lot
- Sprinkler System
Home Design
- Duplex
- Metal Roof
- Stucco
Interior Spaces
- 3,808 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Tile Flooring
- Impact Glass
Bedrooms and Bathrooms
- 6 Bedrooms
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for sewer, water
- Legal Lot and Block 23 / 20
- Assessor Parcel Number 62575440007
Community Details
Overview
- 2 Units
- Naples Park Subdivision
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 1, 2022
Closed on
May 13, 2022
Sold by
Cmm Property Trust
Bought by
Lep Centech Llc
Seller's Agent
Joseph Rotella
Coast to Coast Preferred Prop
Buyer's Agent
Matt Bianchini
Compass Florida LLC
List Price
$2,200,000
Sold Price
$2,110,000
Premium/Discount to List
-$90,000
-4.09%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$451,001
Avg. Annual Appreciation
-7.13%
Purchase Details
Listed on
Mar 1, 2022
Closed on
Apr 13, 2022
Sold by
Cmm Property Trust
Bought by
Cmm Property Trust
Seller's Agent
Joseph Rotella
Coast to Coast Preferred Prop
Buyer's Agent
Matt Bianchini
Compass Florida LLC
List Price
$2,200,000
Sold Price
$2,110,000
Premium/Discount to List
-$90,000
-4.09%
Purchase Details
Closed on
Jan 23, 2012
Sold by
Belcher Gulen
Bought by
Trust Management Services Llc
Purchase Details
Closed on
Jan 13, 2006
Sold by
Belcher Gulen
Bought by
Belcher Gulen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.87%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Jun 8, 2005
Sold by
Belcher Gulen
Bought by
Belcher Gulen
Purchase Details
Closed on
Dec 1, 2003
Sold by
Wilhelm Ward P and Wilhelm Susan R
Bought by
Belcher Gulen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,200
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lep Centech Llc | $2,110,000 | Marc L Shapiro Pa | |
| Cmm Property Trust | -- | None Listed On Document | |
| Cmm Property Trust | -- | None Listed On Document | |
| Trust Management Services Llc | $133,000 | Attorney | |
| Belcher Gulen | -- | Signet Title | |
| Belcher Gulen | -- | -- | |
| Belcher Gulen | $286,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lep Centech Llc | $1,281,000 | |
| Previous Owner | Belcher Gulen | $375,000 | |
| Previous Owner | Belcher Gulen | $186,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/13/2022 05/13/22 | Sold | $2,110,000 | -4.1% | $554 / Sq Ft |
| 05/13/2022 05/13/22 | Pending | -- | -- | -- |
| 03/01/2022 03/01/22 | For Sale | $2,200,000 | -- | $578 / Sq Ft |
Source: Florida Gulf Coast Multiple Listing Service
Tax History Compared to Growth
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 | $14,292 | $1,390,695 | $690,221 | $700,474 |
| 2022 | $4,264 | $260,200 | $0 | $0 |
| 2021 | $3,601 | $295,682 | $0 | $0 |
| 2020 | $2,963 | $268,802 | $0 | $0 |
| 2019 | $3,469 | $299,443 | $0 | $0 |
| 2018 | $3,802 | $272,221 | $0 | $0 |
| 2017 | $3,478 | $247,474 | $0 | $0 |
| 2016 | $3,376 | $224,976 | $0 | $0 |
| 2015 | $2,940 | $204,524 | $0 | $0 |
| 2014 | $2,552 | $185,931 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Matt Bianchini
Compass Florida LLC
(239) 877-0015
79 in this area
139 Total Sales
Map
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 222014779
APN: 62575440007
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