NOT LISTED FOR SALE

740 109th Ave N Naples, FL 34108

Naples Park Neighborhood

Estimated Value: $537,000 - $805,000

12 Beds
-- Bath
-- Sq Ft
0.45 Acre Lot

Sale Details

Date Sold: May 3, 2019

Last sale price $1,125,000

Est. 41% decrease in value since last sale

Current estimated payment $4,029 / mo

77 Days on Market

Highlights

  • 0.45 Acre Lot
  • Room in yard for a pool
  • Concrete Block With Brick
  • Naples Park Elementary School Rated A-
  • Shutters
  • Courtyard

About This Home

As of May 2019

Vanderbilt Gardens on 109th Ave N is a beautiful, well maintained "Mini-Community." There are 3 duplexes with 2 bedrooms and 1 bathroom in each unit. Both 746/748 have had the bathrooms and kitchens updated, including granite counter-tops. The common areas feature a courtyard with pavers, beautiful plant life through out the property and there is space behind the duplexes for a pool. This investment portfolio has plenty of upside via potential increase in current rents along with no deferred maintenance and major upgrades done in 2016, including new A/C units. Naples Park is minutes away from local shopping shut as Mercato and The Pavilion, as well as biking distance from Vanderbilt Beach and Wiggins Pass.

Last Agent to Sell the Property

Kyle McLaughlin

Northstar Realty Group Listed on: 11/19/2018

Co-Listed By

Nicholas Patterson

Northstar Realty Group

Last Buyer's Agent

Kyle McLaughlin

Northstar Realty Group Listed on: 11/19/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,600

Year Built

  • Built in 1969

Lot Details

  • 19,602 Sq Ft Lot
  • Lot Dimensions are 150 x 135
  • Fenced

Home Design

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

Interior Spaces

  • 12 Bedrooms
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • Storage
  • Tile Flooring

Outdoor Features

  • Room in yard for a pool
  • Courtyard

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for application fee, cable, cleaning fee, departure cleaning, full electric, internet access, water
  • Assessor Parcel Number 62425680001
  • Tax Block 14
  • $15,000 Seller Concession

Community Details

Overview

  • 6 Units
  • Naples Park Condos

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $26,455
  • Net Operating Income $68,204

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,600

Year Built

Built in 1969

Lot Details

0.45 Acres

Listing Details

  • Legal Description: NAPLES PARK UNIT 1 BLK 14 LOT 35
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.270314$-81.80785400000002$149.30$13.33$1.00$et3Shlc1UZcBQaDUO1A7mA
  • Building Design: Duplex
  • Building Description: Duplex
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 12
  • Flooring: Tile
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Irrigation: Assessment Paid
  • Exterior Features: Courtyard, Decorative Shutters, Extra Building, Fence, Room for Pool, Storage
  • Exterior Finish: Stucco

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Sewer: Assessment Paid
  • Water: Assessment Paid

Association/Amenities

  • Pets: No Approval Needed
  • Development: Naples Park
  • Units In Building: 6

Condo/Co-op/Association

  • Sub Condo Name: NAPLES PARK

Lot Info

  • Section: 28
  • Waterfront: No
  • Zoning Code: 8
  • Acres: 0.4500
  • Lot Description: 3 Lots
  • Lot Dimensions: 150 X 135
  • Parcel Number: 62425680001

Rental Info

  • Tenant Pays: Application Fee, Cable, Cleaning Fee, Departure Cleaning, Full Electric, Internet Access, Water

Tax Info

  • Tax Description: County Only
  • Taxes: 2600.00

Multi Family

  • Gross Rental Income: 93697.60
  • Annual Expenses: 26455.46
  • Annual Net Operating Income: 68204.15

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2018
Closed on
May 2, 2019
Sold by
Bought by
Seller's Agent
Kyle McLaughlin
Northstar Realty Group
Buyer's Agent
Kyle McLaughlin
Northstar Realty Group
List Price
$1,299,999
Sold Price
$1,125,000
Premium/Discount to List
-$174,999
-13.46%
Current Estimated Value
$665,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$459,293
Avg. Annual Appreciation
-7.01%
Original Mortgage
$412,024
Interest Rate
0.05%
Mortgage Type
Balloon

Purchase Details

Closed on
May 13, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,250
Interest Rate
0.0358%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,125,000 Florida Universal Title Llc
$965,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $412,024
Previous Owner $434,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/03/2019 05/03/19 Sold $1,125,000 -13.5% --
02/04/2019 02/04/19 Pending -- -- --
11/19/2018 11/19/18 For Sale $1,299,999 -- --
Source: Naples Area Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,947 $387,813
2024 $5,134 $352,557
2023 $5,134 $320,506 $0 $0
2022 $3,885 $291,369 $0 $0
2021 $3,381 $264,881 $184,800 $80,081
2020 $3,222 $253,620 $166,800 $86,820
2019 $2,814 $215,394 $151,680 $63,714
2018 $2,871 $215,915 $0 $0
2017 $2,600 $196,286 $152,880 $43,406
2016 $2,105 $128,655 $0 $0
2015 $1,921 $116,959 $0 $0
2014 $1,649 $106,326 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kyle McLaughlin

    Seller's Agent in 2019

    Kyle McLaughlin

    Northstar Realty Group

    (239) 641-1892

    26 Total Sales

    Kyle McLaughlin
    Section Image
  • Nicholas Patterson

    Seller Co-Listing Agent in 2019

    Nicholas Patterson

    Northstar Realty Group

    (239) 766-6479

    1 in this area

    1 Total Sale

    Nicholas Patterson
    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 218076369

Naples Area Board of REALTORS®

APN: 62425680001

Florida Collier County Naples 34108 Naples Park

740 109th Ave N, Naples, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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 2026 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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