4520 Gulfstream Dr

    Naples, FL 34112
    • $2,750,000
    • STATUS: Active
    • ON SITE: 140 days
    • MLS #: 219032889
    UPDATED: 37 min ago
    $2,750,000
    • 14
      BEDS
    • 0.51
      ACRES
    • 14
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1969
    County:

    School Ratings & Info

    Description

    Attention Investors! This is your chance to own one of the only remaining cash cows in Naples. This property features 14 rental units all with full kitchens, ceramic tile floors, and fully furnished. All rooms have been completely remodeled over the past few years. Many improvements have been made to the property such as commercial gauge metal roofs with a 50-year lifespan installed only a few years ago, seamless gutters, brick pavers, white-pvc privacy fence, metal doors, landscaping, state-of-the-art video surveillance system, to many upgrades to list! Owners have long-term tenants paying rent weekly, versus monthly. This property has huge verifiable income as it currently operates, but if converted over to a full scale daily Inn, which it is licensed for, the income could easily be increased to over $500,000+ annually. Or keep the property the way it is and Net $206K+ annually with little to no management. This property is without a doubt the best income property to come for sale in Naples in a very long time. Located minutes to Downtown Naples, 5th Avenue Shops & Restaurants, the Naples Beach & Pier. Call to schedule your private tour today!

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    The data relating to real estate for sale on this limited electronic display come in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than RE/MAX Radiance are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program. 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. Data last updated 2019-09-19T19:25:06.287. Some properties that appear for sale on this website may no longer be available. For the most current information, contact RE/MAX Radiance, 239-707-7317, . Licensed in the State of Florida.
    www.luxuryfloridahomeselection.com/homes/94283646

    4520 Gulfstream Dr Naples, FL 34112

    • Price: $2,750,000
    • Status: Active
    • Updated: 37 min ago
    • MLS #: 219032889
    14
    Beds
    14
    Baths
    0
    ½ Baths
    0.51
    Acres
    1969
    Built
    Neighborhood:
    Naples South
    County:
    Collier
    Area:
    NA18 - N/O Rattlesnake Hammock
    Property Description
    Attention Investors! This is your chance to own one of the only remaining cash cows in Naples. This property features 14 rental units all with full kitchens, ceramic tile floors, and fully furnished. All rooms have been completely remodeled over the past few years. Many improvements have been made to the property such as commercial gauge metal roofs with a 50-year lifespan installed only a few years ago, seamless gutters, brick pavers, white-pvc privacy fence, metal doors, landscaping, state-of-the-art video surveillance system, to many upgrades to list! Owners have long-term tenants paying rent weekly, versus monthly. This property has huge verifiable income as it currently operates, but if converted over to a full scale daily Inn, which it is licensed for, the income could easily be increased to over $500,000+ annually. Or keep the property the way it is and Net $206K+ annually with little to no management. This property is without a doubt the best income property to come for sale in Naples in a very long time. Located minutes to Downtown Naples, 5th Avenue Shops & Restaurants, the Naples Beach & Pier. Call to schedule your private tour today!
    Exterior Features

    Boat Access None Building Desc Garden Apt Building Design Quadraplex Construction Concrete Block Exterior Features Room For PoolStorage Exterior Finish Stucco Gulf Access YN No Irrigation None Lot Back 0 Lot Desc See Remarks Lot Frontage 0 Lot Left 0 Lot Right 0 Private Pool YN No Private Spa YN No Roof Metal Waterfront Desc Lake Waterfront YN Yes

    Interior Features

    Baths Total 14.00 Cooling Window Unit Elevator None Flooring Tile Heat Window Unit Windows Single Hung

    Property Features

    Amenities None Cable Available YN Yes Community Type Non-Gated Foreclosed Reo YN No Gross Rental Income 0.00 Information Available Other See Remarks Legal Unit 0 Lot Unit 8 MLS Naples Pets No Approval Needed Possession At Closing Potential Short Sale YN No Sewer Central Source Of Measure Lot Dimensions Property Appraiser Office Source Of Measure Lot Size Property Appraiser Office Status Type Resale Property Subdivision Or Condo Name Naples South Tax Desc County Only Tax District Type Not Applicable Tax Year 2018 Taxes 2488.00 Tenant Pays Departure Cleaning Terms Buyer Finance/Cash Total Buildings 2 Transfer Fee 0.00 Units In Building 14 Water Central Zoning Code 39

    Listing courtesy of Island Life Realty Llc.
    The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2019 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


    The data relating to real estate for sale on this limited electronic display come in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than RE/MAX Radiance are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program. 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. Data last updated 2019-09-19T19:25:06.287. Some properties that appear for sale on this website may no longer be available. For the most current information, contact RE/MAX Radiance, 239-707-7317, . Licensed in the State of Florida.
     
    RE/MAX Radiance
    21740 S Tamiami Trail Suite 112
    Estero FL, 33928