4190 Gulfstream Dr

    Naples, FL 34112
    • $999,900
    • STATUS: Active
    • ON SITE: 65 days
    • MLS #: 219053997
    $999,900
    • 12
      BEDS
    • 0.67
      ACRES
    • 12
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1982
    County:

    School Ratings & Info

    Description

    *Being sold with 4200 Gulfstream Dr, MLS #219053998. A total of 6 units. All with individual PID's and the HOA is already in place. Interesting opportunity with potential upside for Investor. Keep as rentals with excellent cash flow, GRI $94,500, NOI 69,800, or sell individually as condos. Unit interiors are all spacious and desirable 2 bedroom, 2 baths with individual laundry, patios and screened lanais. Exteriors are attractive with good curb appeal and lots of green space and landscaping. Cap rate of 7% at current rents. Long term tenants paying an average of $1300 per month. Rents could easily be increased to $1500 per month with potential exist strategy of selling as condos. Great Investment Opportunity. Contact me for more information

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    The data relating to real estate for sale on this limited electronic display come in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than The Riley Smith Group 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. Data last updated 2019-10-18T00:25:16.833. Some properties that appear for sale on this website may no longer be available. For the most current information, contact The Riley Smith Group, 305-342-1623, . Licensed in the State of Florida.
    www.rileysmithgroup.com/homes/97906428

    4190 Gulfstream Dr Naples, FL 34112

    • Price: $999,900
    • Status: Active
    • MLS #: 219053997
    12
    Beds
    12
    Baths
    0
    ½ Baths
    0.67
    Acres
    1982
    Built
    Neighborhood:
    Spanish Villas
    County:
    Collier
    Area:
    NA18 - N/O Rattlesnake Hammock
    Property Description
    *Being sold with 4200 Gulfstream Dr, MLS #219053998. A total of 6 units. All with individual PID's and the HOA is already in place. Interesting opportunity with potential upside for Investor. Keep as rentals with excellent cash flow, GRI $94,500, NOI 69,800, or sell individually as condos. Unit interiors are all spacious and desirable 2 bedroom, 2 baths with individual laundry, patios and screened lanais. Exteriors are attractive with good curb appeal and lots of green space and landscaping. Cap rate of 7% at current rents. Long term tenants paying an average of $1300 per month. Rents could easily be increased to $1500 per month with potential exist strategy of selling as condos. Great Investment Opportunity. Contact me for more information
    Exterior Features

    Boat Access None Building Desc 1 Story/Ranch Building Design Triplex Canal Width None Construction Concrete BlockWood Frame Exterior Features CourtyardDecorative ShuttersNonePatioPrivacy Wall Exterior Finish Stucco Gulf Access YN No Irrigation None Lot Back 168 Lot Desc See Remarks Lot Frontage 168 Lot Left 175 Lot Right 175 Private Pool YN No Private Spa YN No Road County MaintainedPaved RoadPublic Road Roof ShingleTile Waterfront Desc None Waterfront YN No

    Interior Features

    Baths Total 12.00 Cooling Central Electric Elevator None Flooring Tile Heat Central Electric Windows Single Hung

    Property Features

    Amenities NoneSee Remarks Building Number 4190 Cable Available YN Yes Community Type Condo/HotelNon-Gated Foreclosed Reo YN No Gross Rental Income 94500.00 Information Available Other See Remarks Legal Unit 25 Lot Unit B MLS Naples Pets No Approval Needed Possession At Closing Potential Short Sale YN No Sewer Central Source Of Measure Lot Dimensions Property Appraiser OfficeSee Remarks Source Of Measure Lot Size Property Appraiser OfficeSee Remarks Status Type Resale Property Subdivision Or Condo Name Spanish Villas Tax Desc County Only Tax District Type Not Applicable Tax Year 2018 Taxes 5820.00 Tenant Pays CableFull ElectricInternet AccessSecurity Terms Buyer Finance/Cash Total Buildings 2 Transfer Fee 0.00 Unit Count 0 Units In Building 6 Water Central Zoning Code 0

    Listing courtesy of Naples Beach & Bay Realty Inc.
    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 limited electronic display come in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than The Riley Smith Group 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. Data last updated 2019-10-18T00:25:16.833. Some properties that appear for sale on this website may no longer be available. For the most current information, contact The Riley Smith Group, 305-342-1623, . Licensed in the State of Florida.
     
    The Riley Smith Group
    3560 Main Highway
    Coconut Grove FL, 33133