4520 Gulfstream Dr UNIT 8, Naples, FL 34112 | MLS 219032889 | Listing Information | BHHS Florida Realty

4520 Gulfstream Dr UNIT 8,  Naples FL, 34112

14 beds , 14 Full baths
Status: Active
MLS#: 219032889
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Last Updated: 5/23/2019 12:43 PM
Description for 4520 Gulfstream Dr UNIT 8 Naples, FL 34112
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!
Price
$3,100,000
Naples South
Collier
14
14 Full
219032889
Active
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!
Listing Information
Property Type: Multi-Family, Garden
14 14 Full
0.51 Acres 1969 Concrete Block, Stucco
50//
Naples South
Central Sewer
Cable TV
14 Total
Neighborhood
Room Information
Bathrooms
14
Interior Features
Tile
Window Air Conditioning
Window Unit
Exterior / Lot Features
No Parking
Stucco
Metal
39
Lake, Room For Pool, Extra Storage
Driving Directions
Take US-41 South to Rattlesnake Hammock road, make u-turn at light, and take first right after 7-Eleven. Then take circle around to Gulfstream drive. Property will be located on your left.
Financial Considerations
63103640003
$2,488
2018
Market Trends and Price History
Listing Price History

Naples Real Estate

Naples is located in Florida. Naples, Florida 34112 has a population of 21,512.

The median household income in Naples, Florida 34112 is $80,571. The median household income for the surrounding county is $56,250 compared to the national median of $53,482. The median age of people living in Naples 34112 is 64.6 years.

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Courtesy: 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 Website come in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than this broker 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.
This content last refreshed on 5/23/2019 12:43 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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