UPDATED:
09/18/2024 08:48 PM
Key Details
Property Type Single Family Home
Sub Type Ranch,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
HOA Y/N No
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 Naples Park
Rooms
Bedroom Description Split Bedrooms,Two Master Suites
Dining Room Dining - Living
Kitchen Island
Ensuite Laundry In Garage
Interior
Interior Features French Doors, Smoke Detectors, Vaulted Ceiling(s)
Laundry Location In Garage
Heating Central Electric
Flooring Tile, Wood
Equipment Auto Garage Door, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Security System, Smoke Detector, Washer
Furnishings Turnkey
Fireplace No
Appliance Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Heat Source Central Electric
Exterior
Exterior Feature Screened Lanai/Porch
Garage Driveway Paved, Paved, Attached
Garage Spaces 2.0
Pool Below Ground, Concrete, Equipment Stays, Electric Heat
Amenities Available None
Waterfront No
Waterfront Description None
View Y/N Yes
Roof Type Shingle
Street Surface Paved
Parking Type Driveway Paved, Paved, Attached
Total Parking Spaces 2
Garage Yes
Private Pool Yes
Building
Lot Description Corner Lot, Oversize
Building Description Concrete Block,Stucco, DSL/Cable Available
Story 1
Water Central
Architectural Style Ranch, Single Family
Level or Stories 1
Structure Type Concrete Block,Stucco
New Construction No
Others
Pets Allowed Yes
Senior Community No
Tax ID 62783520007
Ownership Single Family
Security Features Security System,Smoke Detector(s)
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