NOT LISTED FOR SALE
6 Beds
4 Baths
-- Sq Ft
0.31 Acres

Last Sold July 29, 2016

Last sale price $447,500

164 Days on Market

About This Home

As of July 2016

DOUBLE LOT! Fantastic investment opportunity - beautifully updated duplex in Naples Park. INSTANT CASH FLOW!! Desired location with no association fees!! Both units are fully remodeled!!

Each unit features updated kitchens with granite counters and stainless steel appliances. All of the bathrooms are updated with tiled showers and luxurious vanities. Each unit is equipped with 3 bedrooms, 2 bathrooms, and attached 1 car garages. There is a large extra building with added storage/garage behind the property also.
Both units command high rental rates. Avoid all the hassles of an HOA and earn a great return on this newly remodeled property.

Last Agent to Sell the Property

Andrew Ventura

William Raveis Real Estate License #NAPLES-249521713 Listed on: 02/10/2016

William Raveis Real Estate

Co-Listed By

Josh Yelensky

Current Property Management License #NAPLES-249521225

Last Buyer's Agent

Mark Riley

LUX International Properties License #NAPLES-656001232

Property Details

Home Type

  • Multi-Family

Year Built

  • 1972

Lot Details

  • 0.31

Home Design

  • Duplex

Listing and Financial Details

  • Tenant pays for cleaning fee, full electric, full telephone, water

Community Details

Overview

  • 2 Buildings
  • Naples Park Condos

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $8,748
  • Net Operating Income $34,992

Property Details

Home Type

Multi-Family

Year Built

1972

Lot Details

0

Listing Details

  • Legal Description: NAPLES PARK UNIT 2 BLK 20 LOTS 48 + 49
  • Building Design: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1972

Interior Features

  • Flooring: Tile

Exterior Features

  • Roof: Shingle
  • Exterior Features: Extra Building
  • Construction: Concrete Block
  • Exterior Features: Extra Building
  • Exterior Finish: Stucco
  • Road: Paved Road
  • Windows: Single Hung

Utilities

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

Condo/Co-op/Association

  • Amenities: Extra Storage
  • Community Type: Non-Gated
  • Sub Condo Name: NAPLES PARK

Association/Amenities

  • Units in Building: 2
  • Pets: No Approval Needed
  • Development: Naples Park

Lot Info

  • Lot Description: Oversize
  • Lot Dimensions: 100 X 135
  • Lot Back: 100
  • Lot Frontage: 100
  • Lot Left: 135
  • Lot Right: 135
  • Lot Unit: 48
  • Section: 28
  • Zoning Code: RMF

Rental Info

  • Tenant Pays: Cleaning Fee, Full Electric, Full Telephone, Water

Tax Info

  • Tax Description: County Only

Multi Family

  • Unit Count: 2
  • Gross Rental Income: 43740.00
  • Annual Expenses: 8748.00
  • Annual Net Operating Income: 34992.00
  • Total Buildings: 2

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

Property History

Date Event Price Change Sq Ft Price
07/29/2016 07/29/16 Sold $447,500 -4.0% --
07/23/2016 07/23/16 Pending -- -- --
07/18/2016 07/18/16 Price Changed $466,000 -4.1% --
06/27/2016 06/27/16 Price Changed $486,000 -2.6% --
06/08/2016 06/08/16 For Sale $499,000 +11.5% --
03/29/2016 03/29/16 Off Market $447,500 -- --
02/10/2016 02/10/16 For Sale $499,000 -- --
Source: Naples Area Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 215015888

Naples Area Board of REALTORS®