$1,200,000
SOLD SEP 6, 2024
5 Beds
4 Baths
-- Sq Ft
6,534 Sq Ft Lot

Recently Sold

4% Below List Price

57 Days on Market

Highlights

  • Concrete Pool
  • Fruit Trees
  • Concrete Block With Brick
  • Naples Park Elementary School Rated A-
  • High Impact Windows
  • Tile Flooring

About This Home

As of September 2024

RARE OPPORTUNITY IN NAPLES PARK! This beautifully renovated duplex/home home sells TURNKEY and features a new salt water pool with bubbler, water features and a tanning shelve. Home is equipped with lockout doors which are two individual units located next to each other and separated by a locking door. Each of the two units contain its on bathroom and kitchen area. Unit one can be rented as a 2 bedroom/ 2 bath and unit two can be rented as a 3 bedroom/2 bath plus pool. SELLER WILL CONSIDER DOING PARTIAL OWNER FINANCING! Property has been renovated to be used for short term rental and has not yet been established as such, therefore exact rental incomes are only currently based on projections. All buyers are strongly encouraged to do their own research and verification on rental income potential.

Last Agent to Sell the Property

Jon Shirer

John R Wood Properties License #NAPLES-249528217 Listed on: 05/16/2024

John R Wood Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,073

Year Built

  • Built in 1969

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions: 50
  • Fenced
  • Sprinkler System
  • Fruit Trees

Home Design

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

Interior Spaces

  • Ceiling Fan
  • Tile Flooring
  • High Impact Windows

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Pool

  • Concrete Pool
  • In Ground Pool
  • Saltwater Pool
  • Outdoor Shower

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Block 42

Community Details

Overview

  • 2 Units
  • Naples Park Condos
  • Naples Park Community

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $10,250
  • Net Operating Income $150,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,073

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Legal Description: NAPLES PARK UNIT 5 BLK 42 LOT 39
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.264548$-81.804021$53.85$13.33$1.00$qGQ_9SGHoF0WqrGzeyfXog
  • Building Design: Duplex
  • Building Description: Duplex
  • Year Built: 1969
  • Property Information: RARE OPPORTUNITY IN NAPLES PARK! This beautifully renovated duplex/home home sells TURNKEY and features a new salt water pool with bubbler, water features and a tanning shelve. Home is equipped with lockout doors which are two individual units located next to each other and separated by a locking door. Each of the two units contain its on bathroom and kitchen area. Unit one can be rented as a 2 bedroom/ 2 bath and unit two can be rented as a 3 bedroom/2 bath plus pool. SELLER WILL CONSIDER DOING PARTIAL OWNER FINANCING! Property has been renovated to be used for short term rental and has not yet been established as such, therefore exact rental incomes are only currently based on projections. All buyers are strongly encouraged to do their own research and verification on rental income potential.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Flooring: Tile
  • Windows: Impact Resistant

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Irrigation: Central
  • Exterior Features: Fence, Fruit Trees, Outdoor Shower, Sprinkler Auto
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground, Concrete, Salt Water System

Utilities

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

Association/Amenities

  • Pets: No Approval Needed
  • Development: Naples Park
  • Amenities: Internet Access
  • Community Type: Non-Gated
  • Units In Building: 2

Condo/Co-op/Association

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

Lot Info

  • Lot Back: 50
  • Lot Frontage: 50
  • Lot Left: 135
  • Lot Right: 135
  • Lot Unit: 39
  • Section: 28
  • Waterfront: No
  • Zoning Code: 8
  • Acres: 0.1500
  • Lot Description: Regular
  • Lot Dimensions: 50 X 135

Tax Info

  • Tax Description: County Only
  • Tax District Type: Municipal Service Tax Unit
  • Taxes: 6073.32
  • Tax Year: 2023

Multi Family

  • Unit Count: 2
  • Gross Rental Income: 139750.00
  • Annual Expenses: 10250.00
  • Annual Net Operating Income: 150000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Sep 5, 2024
Sold by
Combs Christina R
Bought by
Failsafe Data Llc
Seller's Agent
Jon Shirer
John R Wood Properties
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.38%
Original Mortgage
$900,000
Outstanding Balance
$895,899
Interest Rate
8.25%
Mortgage Type
New Conventional
Estimated Equity
$328,581

Purchase Details

Closed on
Aug 7, 1998
Sold by
Treiser Richard M and Treiser Sharon R
Bought by
Markey Bruce J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,450
Interest Rate
6.96%
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 $1,200,000 Albatross Title Services
Warranty Deed $103,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $900,000 New Conventional
Closed $480,000 Balloon
Previous Owner $125,000 Commercial
Previous Owner $100,000 Credit Line Revolving
Previous Owner $138,750 Commercial
Previous Owner $90,000 Commercial
Previous Owner $72,450 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Price Changed $1,195,000 -7.7% --
03/08/2025 03/08/25 For Sale $1,295,000 +7.9% --
09/06/2024 09/06/24 Sold $1,200,000 0.0% --
07/12/2024 07/12/24 Pending -- -- --
07/01/2024 07/01/24 Price Changed $1,199,999 -4.0% --
05/16/2024 05/16/24 For Sale $1,250,000 +61.3% --
04/14/2022 04/14/22 Sold $775,000 -1.8% --
03/04/2022 03/04/22 Pending -- -- --
02/26/2022 02/26/22 For Sale $789,000 0.0% --
02/25/2022 02/25/22 Pending -- -- --
01/17/2022 01/17/22 For Sale $789,000 -- --
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 $6,327 $587,612 $496,125 $91,487
2022 $3,379 $247,909 $0 $0
2021 $3,015 $225,372 $0 $0
2020 $2,869 $204,884 $0 $0
2019 $2,715 $186,258 $0 $0
2018 $2,515 $169,325 $0 $0
2017 $2,215 $153,932 $0 $0
2016 $2,111 $139,938 $0 $0
2015 $2,038 $127,216 $0 $0
2014 $1,809 $115,651 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 224043866

Naples Area Board of REALTORS®

APN: 62761200006