Seller's Agent in 2020
Diane Sullivan
Naples Beach & Bay Realty Inc
(239) 273-2848
23 in this area
36 Total Sales
Estimated Value: $179,000 - $224,000
12
Beds
12
Baths
--
Sq Ft
0.69
Acres
Highlights
- 0.69 Acre Lot
- Concrete Block With Brick
- Patio
- Shutters
- Courtyard
- Tile Flooring
About This Home
As of October 2020Two triplexes, 6 units total. Located within a mile of new Keiser University. The total GRI $104,100, NOI 80,988. 4 units have been updated with new kitchens, granite counters and SS appliances. Value add opportunity to update remaining 2 units and increase rents to 1500.00. Current tenants want to stay and will pay increased rent of 1500. All six have are deeded as condominiums, have their own PID's and the HOA is already in place. Keep as rentals with excellent cash flow with possible upside to sell as condos for exit strategy. All units are large with 2 bedrooms, 2 bath, individual in house laundry, patios and screened lanais. Exteriors are attractive with good curb appeal and lots of green space and landscaping. Contact me for more information.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,186
Year Built
- Built in 1982
Lot Details
- 0.69 Acre Lot
- Lot Dimensions: 175
- Privacy Fence
- Paved or Partially Paved Lot
Home Design
- Triplex
- Concrete Block With Brick
- Wood Frame Construction
- Shingle Roof
- Stucco
Interior Spaces
- 1-Story Property
- Shutters
- Single Hung Windows
- Tile Flooring
Bedrooms and Bathrooms
- 12 Bedrooms
- 12 Full Bathrooms
Outdoor Features
- Courtyard
- Patio
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable, full electric, internet access, security
- Assessor Parcel Number 74710120002
Community Details
Overview
- 2 Buildings
- 6 Units
- Spanish Villas Condos
Amenities
- Community Storage Space
Pet Policy
- Call for details about the types of pets allowed
Building Details
- Operating Expense $23,412
- Net Operating Income $80,988
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 1, 2020
Closed on
Oct 15, 2020
Sold by
Southwest Florida Rentals Llc
Bought by
Murphy John G and John G Murphy Living Trust
Seller's Agent
Diane Sullivan
Naples Beach & Bay Realty Inc
Buyer's Agent
Diane Sullivan
Naples Beach & Bay Realty Inc
List Price
$1,069,900
Sold Price
$1,030,000
Premium/Discount to List
-$39,900
-3.73%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$829,824
Avg. Annual Appreciation
-26.33%
Purchase Details
Closed on
Dec 9, 2011
Sold by
Oshaughnessy Brian
Bought by
Southwest Florida Rentals Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Murphy John G | $1,030,000 | Accommodation | |
| Southwest Florida Rentals Llc | $60,000 | Gulfshore Title Company Lc |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/15/2020 10/15/20 | Sold | $1,030,000 | -3.7% | -- |
| 08/31/2020 08/31/20 | Pending | -- | -- | -- |
| 06/16/2020 06/16/20 | Price Changed | $1,069,900 | 0.0% | -- |
| 06/16/2020 06/16/20 | For Sale | $1,069,900 | +3.9% | -- |
| 06/03/2020 06/03/20 | Off Market | $1,030,000 | -- | -- |
| 06/01/2020 06/01/20 | For Sale | $1,049,900 | -- | -- |
Source: Naples Area Board of REALTORS®
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 | $1,555 | $129,895 | -- | -- |
| 2024 | $1,454 | $118,086 | -- | -- |
| 2023 | $1,454 | $107,351 | $0 | $0 |
| 2022 | $1,391 | $97,592 | $0 | $0 |
| 2021 | $1,251 | $88,720 | $0 | $88,720 |
| 2020 | $1,123 | $78,739 | $0 | $78,739 |
| 2019 | $1,075 | $74,303 | $0 | $74,303 |
| 2018 | $1,062 | $73,068 | $0 | $0 |
| 2017 | $1,003 | $66,425 | $0 | $0 |
| 2016 | $916 | $60,386 | $0 | $0 |
| 2015 | $849 | $54,896 | $0 | $0 |
| 2014 | $781 | $49,905 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Diane Sullivan
Source: Naples Area Board of REALTORS®
MLS Number: 220034595
APN: 74710120002
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.
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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