$2,645,000 845 11th Ave S Naples, FL

MLS: 218058012   Type: Pending   County: Collier   City: Naples   Area: Na06 - Olde Naples Area   Neighborhood: Olde Naples   Zip: 34102     Taxes: $2,881

Mortgage $12,418 /mo

Beds

Baths

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Sqr Footage

Acres

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0.33

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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 ($260 SF) 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 $72K GROSS YEARLY. REAL AVERAGE VALUE ON MARKET:$2,880,300.

Elementary School

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Price History

9/5/2018 Listed $2,975,000
11/28/2018 2% - $2,926,000
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
9/18/2020 2% - $2,625,000
11/13/2020 1% - $2,615,000
11/16/2020 1% - $2,599,500

Acres 0.3300
Amenities None
Amenity Fee 0.00
Community Type Condo-Hotel
Condo Fee 0.00
Cumulative Days on Market 1341
Development OLDE NAPLES
Development Name OLDE NAPLES
Foreclosed No
HOA Fee 0.00
Hoa Desc Mandatory
Land Lease Fee 0.00
Maintenance Cable, Lawn/Land Maintenance, See Remarks, Sewer, Water
Mandatory Club Fee 0.00
Master Hoa Fee 0.00
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
Possession At Closing
Potential Short Sale No
Property Type Lot & Land
Section 10
Sewer Central
Special Assessment 0.00
Status Pending
Subdivision OLDE NAPLES
Subdivision Info Remarks
Tax Year 2019
Taxes 2881.91
Utilities Available Cable, Sewer, Water
View See Remarks
Water Central

Interior Features

Range 25

Exterior Features

Boat Access None
Canal Width None
Gulf Access N
Irrigation Central, See Remarks
Land Improvements See Remarks
Land Use Code 08-Multi-Family-Less Than 10 Uni
Lot Description See Remarks, Regular
Lot Frontage 100
Lot Left 151
Lot Right 151
Lot Type Residential Lot
Lot Unit 2
Price Per Acre 8015151.52
Rear Exposure N
Road Alley
Trees None
Waterfront No
Waterfront Desc None

Property Schools



Direct Link:

https://www.naplesdreamrealty.com/property/174-218058012-845-11th-Ave-S-Naples-FL-34102

Gallery (30 photos)

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Property vs Zip Code Avg (34102)

Price 2.64M Avg 2.88M

Taxes $2,881 Avg $15,277

Acres 0.33 Avg 0.12

Visits 449 Avg 143

Days on Site 960 Avg 180

Walkscore® 69 Avg 55

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Downing Frye Realty Inc.




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Location & Address

Premier Plus Realty Co.
8955 Fontana Del Sol Way
Naples, FL
239-312-0644