$136,000
$139,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
279 SqFt
SOLD DATE : 08/23/2023
Key Details
Sold Price $136,000
Property Type Condo
Sub Type Low Rise (1-3)
Listing Status Sold
Purchase Type For Sale
Square Footage 279 sqft
Price per Sqft $487
Subdivision Gulfcoast Inn Of Naples
MLS Listing ID 223015068
Sold Date 08/23/23
Bedrooms 1
Full Baths 1
Condo Fees $476/mo
HOA Y/N Yes
Originating Board Naples
Year Built 1970
Annual Tax Amount $686
Tax Year 2022
Property Description
Looking for a source of passive income? Look no further! This fully furnished unit can be purchased for personal use or as a passive investment opportunity. It's currently enrolled in the hotel management program, which means all of your leasing and maintenance will be expertly handled for you. Although currently unoccupied, the previous long-term tenant paid below market rates for the last 10 years, resulting in a net revenue of $12,990 in 2022. The new owner has the chance to unlock the full income-generating potential of this property. This unit is ideally located just one mile away from the pristine white sandy beaches of Naples and 5th Avenue. You'll be able to indulge in all the delights of the Gulfcoast Inn, a dream vacation destination that offers resort-style amenities such as a pool, spa, and tiki bar. Imagine having the opportunity to vacation in paradise at your convenience while also offsetting your costs by renting it out hassle-free. This investment opportunity is truly a rare find. Don't miss out on the chance to own an affordable unit this close to all the wonderful things Naples has to offer!
Location
State FL
County Collier
Area Moorings
Rooms
Dining Room See Remarks
Interior
Interior Features Built-In Cabinets, Smoke Detectors, Window Coverings
Heating Wall Unit
Flooring Tile
Equipment Refrigerator, Refrigerator/Freezer
Furnishings Turnkey
Fireplace No
Window Features Window Coverings
Appliance Refrigerator, Refrigerator/Freezer
Heat Source Wall Unit
Exterior
Parking Features Common, Driveway Paved, Guest, Paved
Pool Community
Community Features Pool, Restaurant, Street Lights
Amenities Available Business Center, Common Laundry, Pool, Internet Access, Restaurant, Streetlight
Waterfront Description None
View Y/N Yes
Roof Type Shingle
Garage No
Private Pool No
Building
Lot Description See Remarks
Building Description Concrete Block,Stucco, Common Area Washer/Dryer,DSL/Cable Available
Story 1
Water Central
Architectural Style Low Rise (1-3)
Level or Stories 1
Structure Type Concrete Block,Stucco
New Construction No
Schools
Elementary Schools Lake Park Elementary
Middle Schools Gulfview Middle School
High Schools Naples High School
Others
Pets Allowed No
Senior Community No
Tax ID 08884160003
Ownership Condo
Security Features Smoke Detector(s)
Read Less Info
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Bought with Premiere Plus Realty Company
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