Asking Price Has Been Further REDUCED * Brink Your Offer Today; its Priced to Sell * Updated Completion Date Below * Make Sure to Compare this Income Property with Identical Floorplan Closed Sale (Sold) Comparable: MLS 224049094 to help see the value in this Price Reduced Duplex / Quadruplex located at 5255 Coronado Pkwy, Naples, FL 34116, perfectly positioned just off Santa Barbara Blvd in Golden Gate City. This Upgraded New Construction (6 bed 4 bath) Three Bed Two Bath Duplex (each side) with a Laundry Room (each side) which can be used as 4 different units but is technically a Duplex with a total of 2,667 sq ft, Vinyl Plank Flooring throughout, Upgraded PGT Impact Windows and Colored Metal Roof in one of Naples / Collier County Hottest Markets. This unit, currently Under Construction with roof, stucco, drywall, bathrooms, etc complete, has a Total of Six Bedrooms and Four Bathrooms to offer a new owner many different possibilities, on a 0.34 acre lot 120 ft wide x 125 feet deep with an AH flood zone rating. This investment property is located close to everything for its occupants to fully enjoy the Desirable Southwest Florida Lifestyle. Florida Living at its best here on the Gulf of America for its residents to be able to enjoy all of the areas amenities, attractions and desirable lifestyle. This Investment Type Home for sale is suitable to Live in / Work from Home on one side and rent the other side; or Rent Both sides where there is additional flexibility due to its unique “Fourplex Floorplan Design”, all without HOA fees and condo commandoes. Property is offered $100,000 under appraised value, $975,000 appraisal is on hand, please feel free to ask. 5301 Coronado Pkwy just down the street, built in 2017 with the same floorplan but not with the same upgrades / specifications; MLS: 224049094 Sold / Closed on 11/27/2024 for $875,000. Then allow / adjust for upgraded Metal Roof, etc for brand new 5255 Coronado Pkwy. Please Note, for rental income we have a rental income projections sheet available from a local rental specialist. Estimated Monthly Rent: $3,225 per month, per side = $6,450 per month combined. Floorplans, Features Sheet, Appraisal, Disclosures and Rental Income Projections Sheet are available. (Metal Roof, Stucco and Drywall is complete) Seller hopes to have a CO by end of July 2025. There is a Yard Sign to help locate. HT232.
0.34 Private Acres Exterior Space
Other
$1,933 Annual Tax
Built in 2025
MLS/Listing ID 224101181
4 Units
Association - Internet Access
Association - Shopping
Association - Sidewalk
Association - Underground Utility
Metal
Style - Duplex
Association - Park
Association - Library
Community - Sidewalks
Community - Park
Pets Allowed
Listing Courtesy of 239REALESTATEDEALS.COM LLC, BARRY HOEY - 239-360-5527
Source of Data: NAPLES AREA BOARD OF REALTORS
TOTAL MONTHLY COST
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