NOT LISTED FOR SALE

809 Central Ave Naples, FL 34102

Old Naples Neighborhood

Estimated Value: $527,000 - $788,000

16 Beds
8 Baths
6,400 Sq Ft
$99/Sq Ft Est. Value

Last Sold August 24, 2018

Last sale price $2,500,000 $391 Per Sq Ft

Current estimated payment $3,570/month

158 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Outdoor Storage
  • Lake Park Elementary School Rated A
  • Community Barbecue Grill
  • Central Heating and Cooling System

About This Home

As of August 2018

CALLING ALL INVESTORS, DEVELOPERS & LANDLORDS, THIS IS AN OPPORTUNITY OF A LIFE TIME TO OWN A RESIDENTIAL CONDOMINIUM BUILDING IN OLDE NAPLES. The entire subdivision 800 Central Club Condominium (8 Units in Total) are for sale as one group. All 8 condominiums must be purchased at the same time. What does this mean? You can come in and rent all 8 condominiums and reap the reward of monthly residential income. You can remodel and change the make-up of the building and sell the units. You can demolish the building and build per your own specs. You can apply for a zoning change to possibly commercial medical and if approved, reap the rewards of commercial rental income. The sky's the limit! This building can be a blank canvas and you can apply brush stroke after brush stroke to create your own financial rewarding masterpiece. Only a few blocks from downtown Naples, 5th Ave. S. a block to Starbucks & the Library. 6 blocks to the beach. This is a one of a kind find in Olde Naples, the heart of it all!

Last Agent to Sell the Property

Robert Nardi

WeichertRealtors-ParadiseHomes License #249512816 Listed on: 03/15/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,896

Year Built

  • Built in 1966

Home Design

  • Quadruplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 6,400 Sq Ft Home
  • Single Hung Windows

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Full Bathrooms

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for application fee, cable TV, departure cleaning, electricity, internet, janitorial service, pet deposit, sewer, trash collection, telephone, water
  • Tax Lot 809
  • Assessor Parcel Number 07080160002

Community Details

Overview

  • 8 Units
  • 800 Central Club Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Laundry Facilities

Pet Policy

  • Pets allowed on a case-by-case basis

Building Details

  • Operating Expense $53,560
  • Net Operating Income $90,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,896

Year Built

Built in 1966

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Subdivision Name: 800 CENTRAL CLUB
  • Directions: Take Tamiami Trail N., which becomes 9th St. N. Go West on Central Ave. & make a right on 8th St. N.
  • Architectural Style: Other
  • Structure Type: Quadruplex
  • Year Built: 1966
  • Property Sub Type Additional: Quadruplex
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Full Bathrooms: 8
  • Total Bedrooms: 16
  • Flooring: Carpet, Tile, Wood
  • Window Features: Single Hung

Exterior Features

  • Lot Features: See Remarks
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Patio, Room For Pool, Storage
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: Laundry, Barbecue, Picnic Area
  • Pets Allowed: Call, Conditional

Lot Info

  • Parcel #: 07080160002
  • Zoning Description: 4
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Application Fee, Cable TV, Departure Cleaning, Electricity, Internet, Janitorial Service, Pet Deposit, Sewer, Trash Collection, Telephone, Water

Multi Family

  • Number Of Units Total: 8
  • Property Net Operating Income: 90440.0
  • Annual Operating Expense: 53560.0

Tax Info

  • Tax Annual Amount: 1895.85
  • Tax Lot: 809
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2018
Closed on
Aug 24, 2018
Sold by
Kennedy William and Kennedy Kathryn
Bought by
Apni 3 Llc
Seller's Agent
Robert Nardi
WeichertRealtors-ParadiseHomes
List Price
$2,700,000
Sold Price
$2,500,000
Premium/Discount to List
-$200,000
-7.41%
Current Estimated Value
$635,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,864,976
Avg. Annual Appreciation
-16.56%

Purchase Details

Listed on
Jan 17, 2013
Closed on
Mar 14, 2014
Sold by
Flood Jaye E
Bought by
Kennedy William S and Kennedy Kathryn A
Seller's Agent
Robert Nardi
WeichertRealtors-ParadiseHomes
Buyer's Agent
Robert Nardi
WeichertRealtors-ParadiseHomes
List Price
$199,900
Sold Price
$182,000
Premium/Discount to List
-$17,900
-8.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
80.18%

Purchase Details

Closed on
Nov 30, 2001
Sold by
Eagan Juanita
Bought by
Flood Jaye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Apni 3 Llc $309,750 Attorney
Kennedy William S $182,000 First Integrity Title Inc
Flood Jaye $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Flood Jaye $85,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/24/2018 08/24/18 Sold $2,500,000 -7.4% $391 / Sq Ft
08/21/2018 08/21/18 Pending -- -- --
03/15/2018 03/15/18 For Sale $2,700,000 +1383.5% $422 / Sq Ft
03/14/2014 03/14/14 Sold $182,000 -9.0% $209 / Sq Ft View Prior Sale
02/12/2014 02/12/14 Pending -- -- --
01/17/2013 01/17/13 For Sale $199,900 -- $230 / 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 $3,193 $341,135 -- --
2024 $3,008 $310,123 -- --
2023 $3,008 $281,930 $0 $0
2022 $2,854 $256,300 $0 $0
2021 $2,391 $233,000 $0 $233,000
2020 $2,233 $220,000 $0 $220,000
2019 $2,217 $216,000 $0 $216,000
2018 $2,008 $196,000 $0 $196,000
2017 $1,896 $184,000 $0 $184,000
2016 $1,788 $170,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Robert Nardi

    WeichertRealtors-ParadiseHomes

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 218020687

Florida Gulf Coast Multiple Listing Service

APN: 07080160002

Florida Collier County Naples 34102 Old Naples

809 Central Ave, Naples, FL

Not Listed for Sale

MultiFamily

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