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778 100th Ave N 4,000 SF Specialty Building Offered at $1,499,000 at a 12.47% Cap Rate in Naples, FL 34108

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INVESTMENT HIGHLIGHTS

  • Steps From the Beach,Minutes from Downtown, Fastest Growing neighborhood in the WORLD! Volley Ball Courts.... Beaches... Lots of Light.... Huge

EXECUTIVE SUMMARY

Property: 778 100th Ave North
Listing Agent: Sean Cohane
INCREDIBLE CASH FLOW!!!!
Rustic meets contemporary in this unique barn-style home boasting 3,800 sq ft of living space and located just blocks from Naples’ BEACHES! Featuring 5 bedrooms, 4 baths, and an extended open concept living area, this spacious two-story residence offers endless UPGRADES, from rustic barn doors, luxury plank floors, and french doors throughout to beautifully appointed bedroom suites and baths. All bedrooms are situated are the second floor which showcases a balcony that runs the length of the house. The kitchen features butcher-block countertops, stainless steel appliances, a breakfast bar, and an abundance of counter space and cabinets. Located close to Vanderbilt Beach and Wiggins Pass, this home is also a fabulous INVESTMENT OPPORTUNITY with solid income potential. Whether you choose to use this as your primary residence or as vacation rental, this property offers it all: close proximity to area beaches, upscale shopping and dining at nearby Mercado, and just a short drive to downtown 5th Avenue and Third Street South. Nearby I-75 provides easy access to SWFL International Airport and all of southwest Florida’s cultural offerings and entertainment.
See Video Tour Below
https://lacasatour.com/property/778-100th-ave-n-naples-fl-34108/ub

ATTACHMENTS

100th Street

FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS Under Contract

Price $1,499,000
Price Per SF $374.75
Sale Type Investment
Cap Rate 12.47%
Gross Rent Multiplier 13.1
Property Type Specialty
Property Subtype
Residential Income
  • Multifamily Apartments
  • Multifamily Dormitory
Lot Size 0.15 AC
Building Size 4,000 SF
No. Stories 1
Year Built/Renovated 2003/2022
Zoning RMF-6
Bike Score®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 27405853

  • Date on Market: 12/30/2022

  • Last Updated:

  • Address: 778 100th Ave N, Naples, FL 34108

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