$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 Na05 - Seagate Dr To Golf Dr
Direction 2 blocks north of the Coastland Mall. In the same location as Fujiyama and Harold's Place in the Gulfcoast Inn of Naples.
Rooms
Dining Room See Remarks
Interior
Interior Features Built-In Cabinets, Wired for Data
Heating Wall Unit
Cooling Wall Unit(s)
Flooring Tile
Window Features Single Hung,Window Coverings
Appliance Refrigerator, Refrigerator/Freezer
Laundry Common Area
Exterior
Exterior Feature None
Community Features Business Center, Pool, Internet Access, Restaurant, Street Lights, Condo/Hotel
Utilities Available Cable Available
Waterfront Description None
View Y/N No
Roof Type Shingle
Garage No
Private Pool No
Building
Lot Description See Remarks
Faces 2 blocks north of the Coastland Mall. In the same location as Fujiyama and Harold's Place in the Gulfcoast Inn of Naples.
Sewer Central
Water Central
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
HOA Fee Include Cable TV,Insurance,Internet,Laundry Facilities,Maintenance Grounds,Legal/Accounting,Manager,Pest Control Exterior,Pest Control Interior,Rec Facilities,Repairs,Reserve,Street Lights,Trash,Water
Tax ID 08884160003
Ownership Condo
Security Features Smoke Detectors
Acceptable Financing Cash
Listing Terms Cash
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Bought with Premiere Plus Realty Company
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