RARE INVESTMENT OPPORTUNITY! Jan-March 2023 did $112k Gross/ $74k net profit on Airbnb/Vrbo in 3 months. Estimated Projections of 9-12% Cap rate for 2023. Fully turnkey income property. 4-plex on a double lot! Each 0f the 4-774 sf units are 2bed/1bath for a total of 8beds/4 baths totaling 3474 sq feet, plus over 700ft storage and washing machine rooms. NO HOA! Short term rentals and/or long term tenants allowed. Parking for up to 12 vehicles . LOCATION! Central Naples Park close to the Mercado, Ritz Carlton, and Vanderbilt beach. Located on Naples Park lake with a stunning lake view from the rear units. A MUST SEE. SOLID INCOME PROPERTY! currently STR on airbnb. call for details
Sold for $2,055,000 on 06/20/23
$2,055,000
826 108th AVE N, NAPLES, FL 34108
8beds
--sqft
Quadruplex
Built in 1970
-- sqft lot
$1,527,100 Zestimate®
$--/sqft
$2,918 Estimated rent
Home value
$1,527,100
$1.30M - $1.79M
$2,918/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 21, 2023 at 02:12pm
Listed by:
Charlie Wallen 239-292-0100,
Naples Flat Fee Realty LLC,
Marlene Graham 239-821-9046,
Tropics Real Estate, LLC
Bought with:
Dante DiSabato, LLC
William Raveis Real Estate
Source: SWFLMLS,MLS#: 223030003
Originating MLS: Naples
Originating MLS: NaplesFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Laundry: Common Area
Features
- Flooring: Laminate, Tile, Vinyl
- Has fireplace: No
Property
Features
- Patio & porch: Patio
- Exterior features: Storage
- Fencing: Fenced
- Waterfront features: Lake
- Frontage type: Lakefront
Lot
- Size: 0.29 Acres
- Features: Oversize
Details
- Additional structures: Storage
- Parcel number: 62521280004
- Zoning: 8
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Block, Frame, Stucco
- Foundation: Concrete Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1970
Utilities & green energy
- Water: Central
Community & neighborhood
Community
- Community features: No Subdivision
Location
- Region: Naples
- Subdivision: NAPLES PARK
Price history
| Date | Event | Price |
|---|---|---|
| 6/20/2023 | Sold | $2,055,000-2.1% |
Source:  SWFLMLS #223030003 | ||
| 4/29/2023 | Pending sale | $2,098,500 |
Source: SWFLMLS #223030003 | ||
| 4/19/2023 | Listed for sale | $2,098,5000% |
Source: SWFLMLS #223030003 | ||
| 4/18/2023 | Listing removed | -- |
Source:  Florida Gulf Coast MLS #222082625 | ||
| 4/12/2023 | Price change | $2,099,000-4.3% |
Source: Florida Gulf Coast MLS #222082625 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $15,321 +6% | $1,477,637 +1.4% |
| 2023 | $14,454 +162.1% | $1,457,284 +179.7% |
| 2022 | $5,514 -3.4% | $521,011 +0.9% |
Find assessor info on the county website
Neighborhood: Naples Park
Nearby schools
GreatSchools rating
- 6/10Naples Park Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 9/10Pine Ridge Middle SchoolGrades: 6-8Distance: 3.9 mi
- NAFlorida Virtual Course OfferingsGrades: 9-12Distance: 4.4 mi
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$1,527,100
2% more+ $30,542
With Zillow Showcase(estimated)
$1,557,642