$1,350,000
SOLD OCT 23, 2024
4 Beds
4 Baths
1,322 Sq Ft
0.3 Acres

Recently Sold

$1,021 Per Sq Ft

29% Below List Price

140 Days on Market

Highlights

  • 0.3 Acre Lot
  • Wood Flooring
  • Concrete Block With Brick
  • Naples Park Elementary School Rated A-
  • High Impact Windows
  • 1-Story Property

About This Home

As of October 2024

Massive price drop! Triplex (3 units)double lot in Naples park 1.5 miles from Vanderbilt and Wiggins state beaches with 12 foot ceilings and open floor plan rebuilt ins 2012. This Beach property is a great income on Airbnb or annual rental (Annual prices are $3200, $3200, $2250) and airbnb is higher which is better than than the stock market with the additional appreciation happening in this area. Newer Construction rebuilt in 2012. Very rare opportunity for a newer built income property. Just a walk to Mercato, Whole Foods, shopping, movies, and more. Very rare to see at the price per foot for a double lot, 3 units, and newer build! The property also features privacy fenced and entry fenced filled with fruit trees, bamboo, and butterfly garden! Home has been well cared for and ready for you! Check out the virtual tour!

Last Agent to Sell the Property

Lohra Ballinger

Sun Realty License #NAPLES-249516417 Listed on: 04/22/2024

Sun Realty

Last Buyer's Agent

Blaze Zdravev

John R Wood Properties License #NAPLES-249523663

John R Wood Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,879

Year Built

  • Built in 2012

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions: 130
  • Fenced
  • Sprinkler System

Home Design

  • Triplex
  • Concrete Block With Brick
  • Metal Roof

Interior Spaces

  • 1-Story Property
  • High Impact Windows

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for application fee
  • Assessor Parcel Number 62782800003
  • Tax Block 69

Community Details

Overview

  • 3 Units
  • Naples Park Condos
  • Naples Park Community

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $106,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,879

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Legal Description: NAPLES PARK UNIT 5 BLK 69 LOTS 28 + 29 OR 986 PG 1078
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.262732$-81.804664$52.39$13.33$1.00$5Up4uJ9dOvZnv5Yx_6NoTg
  • Building Design: Triplex
  • Building Description: 1 Story/Ranch
  • Year Built: 2012
  • Directions: 41 south left on 100th. end of block right side
  • Property Information: Massive price drop! Triplex (3 units)double lot in Naples park 1.5 miles from Vanderbilt and Wiggins state beaches with 12 foot ceilings and open floor plan rebuilt ins 2012. This Beach property is a great income on Airbnb or annual rental (Annual prices are $3200, $3200, $2250) and airbnb is higher which is better than than the stock market with the additional appreciation happening in this area. Newer Construction rebuilt in 2012. Very rare opportunity for a newer built income property. Just a walk to Mercato, Whole Foods, shopping, movies, and more. Very rare to see at the price per foot for a double lot, 3 units, and newer build! The property also features privacy fenced and entry fenced filled with fruit trees, bamboo, and butterfly garden! Home has been well cared for and ready for you! Check out the virtual tour!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Flooring: Tile, Wood
  • Windows: Impact Resistant

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Metal
  • Construction: Concrete Block
  • Irrigation: Assessment Paid
  • Road: City Maintained
  • Exterior Features: Fence, Sprinkler Auto

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Association/Amenities

  • Pets: No Approval Needed
  • Development: Naples Park
  • Community Type: Non-Gated
  • Units In Building: 3

Condo/Co-op/Association

  • Sub Condo Name: NAPLES PARK
  • Development Name: NAPLES PARK

Lot Info

  • Lot Back: 100
  • Lot Frontage: 130
  • Lot Left: 100
  • Lot Right: 130
  • Lot Unit: 28
  • Section: 28
  • Waterfront: No
  • Zoning Code: 6
  • Acres: 0.3000
  • Lot Description: Oversize
  • Lot Dimensions: 130 X 100 X 100 X 130
  • Parcel Number: 62782800003

Rental Info

  • Tenant Pays: Application Fee

Tax Info

  • Tax Description: City And County
  • Taxes: 7878.75
  • Tax Year: 2023

Multi Family

  • Unit Count: 3
  • Gross Rental Income: 126000.00
  • Annual Net Operating Income: 106000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2024
Closed on
Oct 24, 2024
Sold by
Ballinger Lohra
Bought by
Ukoeski Gjoko
Seller's Agent
Lohra Ballinger
Sun Realty
Buyer's Agent
Blaze Zdravev
John R Wood Properties
List Price
$1,895,000
Sold Price
$1,350,000
Premium/Discount to List
-$545,000
-28.76%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.45%
Original Mortgage
$945,000
Outstanding Balance
$940,426
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$605,993

Purchase Details

Closed on
Mar 4, 2011
Sold by
Avolio Rita
Bought by
Ballinger Larry E and Ballinger Lohra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
4.77%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,350,000 None Listed On Document
Warranty Deed $176,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $945,000 New Conventional
Previous Owner $350,000 New Conventional
Previous Owner $108,000 Commercial
Previous Owner $95,000 Commercial
Previous Owner $88,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Price Changed $1,395,000 -6.4% --
06/20/2025 06/20/25 Price Changed $1,490,000 -5.1% --
04/22/2025 04/22/25 Price Changed $1,570,000 -3.1% --
03/25/2025 03/25/25 For Sale $1,620,000 +20.0% --
10/23/2024 10/23/24 Sold $1,350,000 -9.7% $1,021 / Sq Ft
09/09/2024 09/09/24 Pending -- -- --
08/19/2024 08/19/24 Price Changed $1,495,000 -21.1% $1,131 / Sq Ft
04/22/2024 04/22/24 For Sale $1,895,000 -- $1,433 / 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
2023 $7,879 $559,321 $0 $0
2022 $5,843 $508,474 $422,719 $85,755
2021 $3,496 $314,206 $0 $0
2020 $3,393 $299,419 $0 $0
2019 $3,195 $279,191 $0 $0
2018 $2,897 $261,028 $0 $0
2017 $2,786 $244,194 $0 $0
2016 $2,651 $228,748 $0 $0
2015 $2,470 $215,848 $0 $0
2014 $2,271 $153,974 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 224033516

Naples Area Board of REALTORS®

APN: 62782800003