4 Beds
3 Baths
2,011 SqFt
4 Beds
3 Baths
2,011 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,011 sqft
Price per Sqft $546
Subdivision Naples Park
MLS Listing ID 224075359
Bedrooms 4
Full Baths 3
Originating Board Naples
Year Built 1985
Annual Tax Amount $6,444
Tax Year 2023
Lot Size 7,405 Sqft
Acres 0.17
Property Description
For investors, this home is a gem. With an average rental income of $86k over the past three years(rental history available upon request), it’s a proven income generator. It has garnered impressive reviews on VRBO (175 reviews with an average rating of 9.8) and AirBnB (18 reviews with an average rating of 4.94). Naples Park is a fantastic investment neighborhood with no HOA fees and no rental restrictions, making it an attractive option for savvy buyers. This home is located in the X-500 flood zone so no flood insurance is required.
Why does this home rent so well you may ask?
The majority of the homes in Naples Park are much smaller. Most are 1200-1500 sq feet with only 3br and 2 bathrooms. This home boasts 2011 sq feet with 4 brs and 3 full bathrooms. 2 of the bedrooms are en-suites located on opposite sides of the home which makes it very private for large groups of travelers. 4br homes rent for approximately 25-30% more per night than 3br homes do. A heated pool is a must for most renters during season. This home features a large heated pool, which offers southern exposure and screen enclosure. Some renters are concerned about bugs while they spend time outside and this outdoor setup is ideal for those people. Location is another important factor. Naples Park is located very close to Vanderbilt Beach, Delnor-Wiggins Pass State Park, and Mercato, not to mention plenty of great dinning and shopping options for all.
Naples Park has no HOA fees or stringent rentals restrictions most other neighborhoods posses.
Why is that so important you may ask?
No rental restrictions means you are able to rent your home nightly which dramatically increases the annual rental income potential. The City of Naples and well as most of the other gated communities in SWFL have 30 and 90 day minimum rental policies and some communities even limit the amount of leases per year.
Don't miss out on this incredible opportunity. Whether you're looking for a primary residence, a vacation home, or a lucrative investment property, 10025 8th Street North has it all!
Location
State FL
County Collier
Area Na03 - Naples Park Area
Rooms
Dining Room Dining - Living
Kitchen Kitchen Island
Interior
Interior Features Split Bedrooms, Guest Bath, Guest Room, Wired for Data, Vaulted Ceiling(s)
Heating Central Electric
Cooling Central Electric
Flooring Tile, Wood
Window Features Single Hung
Appliance Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Laundry In Garage
Exterior
Exterior Feature Sprinkler Auto
Garage Spaces 2.0
Pool In Ground, Concrete, Equipment Stays, Electric Heat
Community Features None, Non-Gated
Utilities Available Cable Available
Waterfront No
Waterfront Description None
View Y/N No
View None/Other
Roof Type Shingle
Street Surface Paved
Porch Screened Lanai/Porch
Garage Yes
Private Pool Yes
Building
Lot Description Corner Lot, Oversize
Story 1
Sewer Central
Water Central
Level or Stories 1 Story/Ranch
Structure Type Concrete Block,Stucco
New Construction No
Others
HOA Fee Include None
Tax ID 62783520007
Ownership Single Family
Security Features Security System,Smoke Detector(s),Smoke Detectors
Acceptable Financing Buyer Finance/Cash
Listing Terms Buyer Finance/Cash