726 Park AVE, Naples, FL, 34110 | $874,900

NAPLES HIDDEN GEM. . . GULF HARBOR. . . BIKE TO BEACH. . . WEST OF US 41. . . DOUBLE LOT. . . TOTALLY RENOVATED QUADPLEX. . . OR BUILD YOUR OWN HOME. . .
Welcome to Gulf Harbor, a quiet, non gated Waterfront, Gulf Access Community via Community Boat Launch with No HOA Fees and No restrictions located in North Naples within minutes to Delnor-Wiggins State Park and Vanderbilt Beach! Community kayak/board storage and launch area in addition to boat launch.
A UNIQUE OPPORTUNITY. . . currently a renovated income producing quadplex is on the lot. New Roof installed in 2016, All new appliances, HVAC systems, and cabinets in all 4 units in 2023. Annual leases on these 1 bed/1 bath units average $1, 588/month per unit. Currently leases are month to month just in case the new buyer does not want to use as a rental, however, tenants would prefer to sign an annual lease. SF of each unit varies from 460 sf to 560 sf. There is a common laundry building on the premises, additional storage, plenty of parking, screened lanais, and currently 3 of the 4 units are leased. The Seller has not leased the 4th unit so it has easy access for showings. Also, the new buyer could live in one of the units immediately.
So whether you are looking for an investment property in a community surrounded by multi-million dollar homes, a little Florida get-away, or a large double lot to build your own home on, this is the Perfect Opportunity and the Perfect Location: Walking distance to shopping, close to groceries at Publix and Whole Foods, fine dining, shopping, entertainment at the Mercato Mall, a short drive to 5th Avenue, plus only 30 minutes to the airport!
ENJOY MILES OF BEACH WALKING AT THE AWARD WINNING VANDERBILT BEACH AND DELNOR-WIGGINS STATE PARK, SUNSETS, FINE DINING AT THE TURTLE CLUB AND BALEEN-RIGHT ON THE SAND!
A+ SCHOOLS & PET FRIENDLY.

Features

  • Building Design: Villa Attached
  • Amenities: Community Boat Ramp,Community Gulf Boat Access
  • Bedrooms: 4
  • Baths: 4 full
  • Style: Duplex,Other,See Remarks
  • Development: GULF HARBOR
  • Year Built: 1961
  • Heating: Central Electric,Wall Unit
  • Cooling: Central Electric
  • Approx Sq. Feet: 1,917
  • Acreage: 0.3
  • Est. Taxes: $7,176
  • Lot Desc: Oversize
  • View: Landscaped Area
  • Community Type: Boating,Non-Gated
  • Boat Access: Boat Ramp
  • Elem. School: NAPLES PARK ELEMENTARY
  • Middle School: NORTH NAPLES MIDDLE
  • High School: GULF COAST HIGH
  • Pet Policy: No Approval Needed
  • MLS#: 224052592
  • Website: https://www.raveis.com
    /prop/224052592/726parkave_naples_fl?source=qrflyer
Copyright © 2024  The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright Southwest Florida MLS organizations. All rights reserved.
Courtesy of Premiere Plus Realty Company

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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726 Park AVE, Naples, FL, 34110

$874,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $699,920 $699,920 $699,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 7.000% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.838% 7.141% 6.997%
Monthly Tax Payment $598 $598 $598
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,715 $4,657 $6,194
Total Monthly Payment $5,405 $5,347 $6,884

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.