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4520 Gulfstream Dr
Naples, FL 34112
Paradise Inn of Naples · Multifamily Property For Sale · 14 Units

PROPERTY FACTS

No. Units 14
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.51 AC
Building Size 6,686 SF
No. Stories 1
Year Built/Renovated 1968/2021
Tenancy Single
Parking Ratio 2.99/1,000 SF
Zoning RMF-6 - Mulit-family

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Microwave
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Wi-Fi
  • Office
  • Smoke Free

SITE AMENITIES

  • Laundry Facilities

ABOUT 4520 GULFSTREAM DR , 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 tiles 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, 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 within the first 12-months after conversion. Or keep the property the way it is and NET $206K+ annually with little to no management needed. This property is without a doubt the best income property to come for sale in Naples in a very long time. time. Located minutes to Downtown Naples, 5th Avenue Shops & Restaurants, the Naples Beach & Pier. Plus, just a short 15 minute drive to Marco Island. Call to schedule your private tour today!

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 63103600001
  • 63103640003
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$554,520
  • Listing ID: 15599323

  • Date on Market: 4/1/2019

  • Last Updated:

  • Address: 4520 Gulfstream Dr, Naples, FL 34112

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