Beds |
Baths |
Half Baths |
Sqr Footage |
Acres |
Built |
2 |
2 |
0 |
1,000 |
0.33 |
1978 |
Unique opportunity for “buy & hold” or immediate redevelopment investment in the heart of the Olde Naples district, bordering Aqualane Shores. Large 100'x151’ lot with existing rental income producing condominium association in an unrivaled location between 5th Ave. and 3rd St. and within walking distance to everything downtown Naples has to offer! A large parcel with 15,100 sq ft that can be redeveloped into 1 or 2 large single family homes, 3 townhomes or 4 condos! This parcel is zoned R3T-12, which allows unique transient rental opportunities for downtown Naples. It can be sold in bulk (100'x151’); or, be re-plat into two separate parcels (50’x151’ each)at ONLY ($260SF)EACH OR sold separately. Current owners have worked with the City of Naples, various architects and contractors in town on all building possibilities. Sample plans, as well as estimated building costs from local top contractors in hand and can be shown to potential serious buyers. PRESENTLY ALL RENTALS UNITS ARE GENERATING ALMOST $68K GROSS YEARLY. REAL AVERAGE VALUE ON MARKET:$2,880,300.
Price History
9/5/2018 |
Listed $2,975,000
|
11/28/2018 |
2% - $2,926,000 |
11/28/2018 |
1% - $2,925,000 |
1/7/2019 |
2% - $2,895,500 |
1/22/2019 |
1% - $2,890,500 |
1/22/2019 |
1% - $2,885,500 |
2/14/2019 |
1% - $2,875,500 |
3/23/2019 |
1% - $2,869,500 |
4/11/2019 |
1% - $2,845,000 |
6/3/2019 |
1% - $2,825,000 |
9/18/2019 |
2% - $2,775,000 |
10/11/2019 |
1% - $2,770,000 |
10/21/2019 |
1% - $2,765,000 |
1/2/2020 |
1% - $2,739,000 |
1/6/2020 |
2% - $2,699,500 |
1/7/2020 |
1% - $2,694,900 |
2/4/2020 |
1% - $2,689,900 |
2/10/2020 |
1% - $2,685,500 |
6/13/2020 |
1% - $2,675,000 |
6/15/2020 |
1% - $2,655,000 |
8/26/2020 |
1% - $2,645,000 |
9/18/2020 |
1% - $2,625,000 |
11/13/2020 |
1% - $2,615,000 |
11/16/2020 |
1% - $2,599,500 |
Additional Rooms |
See Remarks |
Amenities |
None |
Amenity Fee |
0.00 |
Application Fee |
0.00 |
Builder Product |
No |
Community Type |
No Subdivision |
Condo Fee |
0.00 |
Construction |
See Remarks |
Cooling |
Ceiling Fans, Central Electric, Other |
Cumulative Days on Market |
1243 |
Development |
OLDE NAPLES |
Development Name |
OLDE NAPLES |
Elementary School |
LAKE PARK ELEMENTARY |
Elevator |
None |
Floor Plan Type |
Other |
Flooring |
See Remarks |
Foreclosed |
No |
HOA Fee |
0.00 |
High School |
NAPLES HIGH SCHOOL |
Land Lease Fee |
0.00 |
Maintenance |
Cable, Pest Control Exterior, Pest Control Interior, See Remarks, Sewer |
Mandatory Club Fee |
0.00 |
Mandatory Hoayn |
Yes |
Master Hoa Fee |
0.00 |
Middle School |
GULFVIEW MIDDLE SCHOOL |
One Time Land Lease Fee |
0 |
One Time Mandatory Club Fee |
0 |
One Time Othe Fee |
0 |
One Time Rec Lease Fee |
0 |
One Time Special Assessment Fee |
0 |
Parking |
None |
Pets Allowed Y/N |
Not Allowed |
Possession |
At Closing |
Potential Short Sale |
No |
Property Type |
Residential |
Roof |
Shingle |
Section |
10 |
Sewer |
Central |
Special Assessment |
0.00 |
Status |
Active |
Subdivision |
NORTH PORT COVE |
Tax Year |
2019 |
Taxes |
2881.91 |
Unit Floor |
2 |
View |
See Remarks |
Water |
Central |
Windows |
Other, Single Hung |
Year Built |
1978 |
Interior Features
Approx Living Area |
1000 |
Beds Total |
2 |
Cable |
Yes |
Dining Description |
See Remarks |
Equipment |
None |
Full Baths |
2 |
Furnished |
Unfurnished |
Half Baths |
0 |
Heating |
Central Electric |
Interior Features |
Other |
Master Bath Description |
Remarks |
Price Per Sq Ft |
2645.00 |
Range |
25 |
Room Count |
0 |
Total Baths |
2.00 |
Total Bedrooms |
2 Bed |
Exterior Features
Acres |
0.3300 |
Boat Access |
None |
Building Description |
2 Story |
Building Design |
Single Family |
Canal Width |
None |
Carport Desc |
Attached |
Carport Spaces |
1 |
Exterior Features |
None |
Exterior Finish |
See Remarks |
Gulf Access |
N |
Irrigation |
None |
Lot Description |
See Remarks, Regular |
Lot Frontage |
100 |
Lot Left |
151 |
Lot Right |
151 |
Lot Unit |
2 |
Number of Garage Spaces |
0.00 |
Private Pool |
N |
Private Spa |
No |
Rear Exposure |
N |
Road |
Alley, City Maintained, Public Road, See Remarks |
Storm Protection |
Other |
Waterfront |
No |
Waterfront Desc |
None |
Property
Schools
Direct Link:
https://www.naplesdreamrealty.com/property/174-218057749-835-11th-Ave-S-Naples-FL-34102