Incredible investment opportunity. Current owner realized over $95,000 in annual gross rental income (Oct 2017 - Sept 2018). This equates to over 11% gross CAP RATE! Net rate is over 7% after all expenses (rental commission, property taxes, property insurance, utilities, etc). Very well maintained Southern Exposure 2 story, 4 bedroom + den, 2 1/2 bath home is located in the most desirable 500 block. Beautiful real cherrywood flooring, gorgeous upgraded cabinetry, 10ft ceilings and granite countertops are just a few of the homes wonderful features. Open the sliders off the spacious great room and 1st floor master bedroom to let in the fresh air and enjoy the large screened lanai boasting a large heated pool and spa! Fun rope lighting sets the ambiance for you and your guests that may not want to ever leave! Property is being offered turnkey furnished with many new updates. Unparalleled location just around the corner from top rated Vanderbilt Beach and State Park. Endless dining and shopping options are extremely close (Mercato, Pavillon, etc). Many rental bookings already confirmed; view this unique opportunity today and take advantage of cash flow on your perfect SW FL property!
DAYS ON MARKET
|
17
|
LAST UPDATED
|
2/6/2019
|
TRACT
|
NAPLES PARK
|
YEAR BUILT
|
2004
|
COMMUNITY
|
NAPLES PARK
|
COUNTY
|
Collier
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Single Family
|
Elementary School |
NAPLES PARK ELEMENTARY SCHOOL |
Middle School |
PINE RIDGE MIDDLE SCHOOL |
High School |
BARRON COLLIER HIGH SCHOOL |
CONSTRUCTION |
Concrete block stucco, Stucco exterior |
ENERGY |
Storm windows |
EXTERIOR |
Enclosed porch |
FLOORING |
Carpet, Hardwood floors, Tile flooring |
GENERAL |
Pets allowed |
HEAT/COOL |
Central air conditioning, Central heat |
INCLUSIONS |
Clothes dryer, Clothes washer, Dishwasher, Disposal, Freezer, Furnished, Indoor grill, Microwave oven, Range and oven, Self-cleaning oven |
INTERIOR |
Ceiling fan(s), Pantry, Security features, Tub and separate shower, Window treatments |
LAUNDRY |
Laundry room/area, Laundry sink, Washer/dryer hookups |
LOCATION |
Southern exposure |
LOT |
Landscape sprinklers |
PARKING |
2 car garage, Attached parking, Automatic garage door |
PROPERTY TYPE |
Single Family |
RECREATION |
In-ground swimming pool, Spa, swimming pool |
ROOF |
Tile roof |
ROOMS |
Family room, Foyer, Guest room, Living/dining room combination |
STORIES |
Two story |
UTILITIES |
Public sewer service, Public water supply, TV cable available |
ZESTIMATE
$765047
578 N 106th AVE, Naples, FL
13
Car-Dependent
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Listed with Premiere Plus Realty Company
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