Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $520,000-$540,000
• Estimated Rehab: $70,000-$85,000
• Comparable Rent: $3,000-$3,300
• Construction: CBS
• Occupancy: Call your Agent
• Comp 1: 261 5TH ST NW, NAPLES, FL 34120 - 3/2 2,106 sqft SOLD $545k OCTOBER 2022 (1999 build, clean/basic updates, no garage, no pool, and 2.50 acres)
• Comp 2: 3715 47TH AVE NE, NAPLES, FL 34120 - 4/2 2,012 sqft SOLD $530k NOVEMBER 2022 (2001 build, remodeled, 2 car garage, no pool, and 1.59 acres)
• Comp 3: 2810 8TH ST NW, NAPLES, FL 34120 - 3/2 1,630 sqft SOLD $535k OCTOBER 2022 (1989 build, remodeled, 2 car garage, no pool, and 2.27 acres)
• Comp 4: 5160 44TH ST NE, NAPLES, FL 34120 - 3/2 1,608 sqft PENDING $520k NOVEMBER 2022 19 DOM (2000 build, updated, 2 car garage, no pool, and 2.28 acres)
• Comp 5: 360 14TH AVE NE, NAPLES, FL 34120 - 4/3 2,012 sqft PENDING $529k NOVEMBER 15 DOM (1995 build, renovated, no garage, no pool, and 2.27 acres)
• Rehab Description: For a flip this needs a full cosmetic update to the bathrooms and trim/fixtures. Modernize the kitchen by painting or replacing cabinetry and appliances. Roof needs replacing and soffit/fascia require attention. Interior ceiling may require attention in nook/den/guest bedroom areas. Central AC is new and in good working order. Wall units installed in permitted additions are in good working order. Lanai ceiling and screens need replacing. Front entry screens need replacing. Den subfloor requires attention. Some windows may need replacing. Guest house requires attention to be finished. Tiki hut is in disrepair or may be optionally torn down. Apply fresh interior/exterior paint and deep clean main house, and do some landscaping to boost appeal!
• Features: Naples deal in highly desired Golden Gates Estates! This 3 bedroom, 2 bathroom concrete block home features 1,305 sqft of original living space plus an enclosed den and converted garage for a total of 1,952 sqft. The home sits on a deep 2.27-acre lot. Guest house is a 2 bedroom, 1 bathroom frame structure that features 465 sqft of living space. Conveniently located within minutes of I-75, Big Corkscrew Park Regional Island, and several wildlife preserves. There is high potential with this home in a desirable neighborhood being offered vacant at closing. Don't miss out on this hidden gem!
• Important Details: --> VACANT AT CLOSE!
• Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab