Price Reduction
Address
845 11th Ave S Naples, FL
Price
$ 2,599,500
Property Attributes
  • MLS#218058012
  • TypeLand
  • CountyCOLLIER
  • CityNaples
  • AreaNA06 - Olde Naples Area
  • NeighborhoodOlde Naples
  • Zip34102
  • Style
  • Taxes2881
  • Price$ 2,599,500
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.33 Acres
Listing Provided Courtesy Of:
Downing Frye Realty Inc.
Property Description

Unique opportunity for “buy & hold” or immediate redevelopment investment in the heart of the Olde Naples district, bordering Aqualane Shores. Large 100'x151’ lot with existing rental income producing condominium association in an unrivaled location between 5th Ave. and 3rd St. and within walking distance to everything downtown Naples has to offer! A large parcel with 15,100 sq ft that can be redeveloped into 1 or 2 large single family homes, 3 townhomes or 4 condos! This parcel is zoned R3T-12, which allows unique transient rental opportunities for downtown Naples. It can be sold in bulk (100'x151’); or, be re-plat into two separate parcels (50’x151’ each) AT ONLY ($260 SF) OR sold separately. Current owners have worked with the City of Naples, various architects and contractors in town on all building possibilities. Sample plans, as well as estimated building costs from local top contractors in hand and can be shown to potential serious buyers. PRESENTLY ALL RENTALS UNITS ARE GENERATING ALMOST $72K GROSS YEARLY. REAL AVERAGE VALUE ON MARKET:$2,880,300.

Price History
9/5/2018 Listed $2,975,000
11/28/2018 2% - $2,926,000
1/7/2019 2% - $2,895,500
1/22/2019 1% - $2,890,500
1/22/2019 1% - $2,885,500
2/14/2019 1% - $2,875,500
3/23/2019 1% - $2,869,500
4/11/2019 1% - $2,845,000
6/3/2019 1% - $2,825,000
9/18/2019 2% - $2,775,000
10/11/2019 1% - $2,770,000
10/21/2019 1% - $2,765,000
1/2/2020 1% - $2,739,000
1/6/2020 2% - $2,699,500
1/7/2020 1% - $2,694,900
2/4/2020 1% - $2,689,900
2/10/2020 1% - $2,685,500
6/13/2020 1% - $2,675,000
6/15/2020 1% - $2,655,000
9/18/2020 2% - $2,625,000
11/13/2020 1% - $2,615,000
11/16/2020 1% - $2,599,500

General Features

Amenities None
Amenity Fee 0.00
Community Type Condo-Hotel
Condo Fee 0.00
Cumulative Days on Market 1194
Development OLDE NAPLES
Development Name OLDE NAPLES
HOA Fee 0.00
Hoa Desc Mandatory
Land Lease Fee 0.00
Maintenance Cable, Lawn/Land Maintenance, See Remarks, Sewer, Water
Mandatory Club Fee 0.00
Master Hoa Fee 0.00
Possession At Closing
Property Type Lot & Land
Section 10
Sewer Central
Special Assessment 0.00
Status Active
Subdivision OLDE NAPLES
Subdivision Info Remarks
Tax Year 2019
Taxes 2881.91
Utilities Available Cable, Sewer, Water
View See Remarks
Water Central

Interior Features

Range 25

Exterior Features

Acres 0.3300
Boat Access None
Canal Width None
Gulf Access No
Irrigation Central, See Remarks
Land Improvements See Remarks
Land Use Code 08-Multi-Family-Less Than 10 Uni
Lot Description See Remarks, Regular
Lot Frontage 100
Lot Left 151
Lot Right 151
Lot Type Residential Lot
Lot Unit 2
Price Per Acre 7877272.73
Rear Exposure No
Road Alley
Trees None
Waterfront Desc None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 34102

Price
AVG $3.95M
$2.6M
Taxes
AVG $26,561
$2,881
Visits
AVG 274
258
Walkscore
AVG 28
69
Data Provided by Walkscore ® not using MLS data

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