1500 5th Ave S 2-350

$299,000
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  • 1500 5th Ave S 2-350, NAPLES, FL 34102
  • Brokerage Office: 504203943
Street View
  • MLS#: 216039158 ( Multi-Family )
  • Street Address: 1500 5th Ave S 2-350
  • Viewed: 48
  • Price: $299,000
  • Price sqft: $
  • Waterfront: Yes
  • Wateraccess: Yes
  • Year Built: 2008
  • Bldg sqft: 0
  • Bedrooms: 2
  • Total Baths: 2
  • Full Baths: 2
  • Additional Information
  • Geolocation: 26.1388 / -81.784
  • County: COLLIER
  • City: NAPLES
  • Zipcode: 34102
  • Subdivision: Naples Bay Resort
  • Provided by: John R. Wood Properties
  • Bonita Springs-Estero Association of REALTORS┬«, Inc
  • DMCA Notice
  • Description
    R.109 This is a condominium hotel. Owner's use is restricted to 60 days per year. The balance of time it is available for nightly rental to the general public. Current rental incomes are between $26K and $30K with expenses in the $35K to $36K per year range. Rental rates have been on the rise and expect positive cash flows within the foreseeable future. Cash flow was slightly positive Feb 2019. The resort is located at a one of a kind spot right on Naples Bay and a stones throw from the Worth Ave of SW Florida, 5th Avenue South. This amenity rich resort is situated in an idyllic waterfront setting and features chic waterfront dining and shopping, euro style spa, 4 pools including lap and lazy river style, state of the art fitness and tennis, a 97 slip marina and much more! This two bedroom home enjoys a balcony with a breathtaking view of the basin and marina and an excellent rental history. Shuttle to the beach and shopping areas; rent bikes, standup paddle boards or kayaks. Fully staffed Tennis Center and six lighted Har Tru courts.Stroll the waterfront for Dining and shopping right on site with top notch venues for your enjoyment. $5,000 credit towards closing costs.

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Features
Amenities
  1. Beach Access
  2. Clubhouse
  3. Community Pool
  4. Community Room
  5. Community Spa/Hot tub
  6. Concierge Services
  7. Fitness Center Attended
  8. Full Service Spa
  9. Marina
  10. Restaurant
  11. Sauna
  12. Sidewalk
  13. Streetlight
  14. Tennis Court
  15. Underground Utility
Annual Expenses
  1. 52000.00
Annual Net Operating Income
  1. 1.00
Boat Access
  1. Concrete Dock
  2. Dock Lease
  3. Dock Purchase
  4. Elec Avail at dock
Building Design
  1. Quadraplex
Cdom
  1. 1476
Close Date
  1. 0000-00-00
Conditional Date
  1. 0000-00-00
Construction
  1. Concrete Block
Cooling
  1. Ceiling Fans
  2. Central Electric
Date Rented
  1. 0000-00-00
Development
  1. NAPLES BAY RESORT
Dom
  1. 1476
Elevator
  1. Common
Exterior Features
  1. None
Exterior Finish
  1. Stucco
Flooring
  1. Carpet
  2. Tile
Gross Rental Income
  1. 49433.00
Gulf Access Type
  1. No Bridge(s)/Water Direct
Heat
  1. Central Electric
Information Available
  1. Other See Remarks
Irrigation
  1. See Remarks
Last Change Timestamp
  1. 2020-06-29 11:49:35
Last Change Type
  1. Price Decrease
Legal Desc
  1. HOTEL AT NAPLES BAY RESORT
  2. THE A CONDOMINIUM BLDG 2-315
Lot Description
  1. 5 Plus Lots
  2. See Remarks
Mls
  1. Bonita Springs
Area Major
  1. NA08 - Royal Harbor-Windstar Are
Parcel Number
  1. 10160001366
Pets
  1. Not Allowed
Photo Count
  1. 13
Possession
  1. See Remarks
Property Type
  1. Multi-Family
Roof
  1. Built-Up or Flat
Sewer
  1. Central
Sourceof Measure Lot Dimensions
  1. See Remarks
Sourceof Measurements
  1. See Remarks
Special Information
  1. Deed Restrictions
Sprinkler Source
  1. Recycled
Subdivision Number
  1. 066600
Table
  1. Residential Income
Tax Desc
  1. City And County
Tax District Type
  1. Not Applicable
Tax Year
  1. 2019
Taxes
  1. 1183.56
Tenant Pays
  1. See Remarks
The Range
  1. 25
Township
  1. 50
Transfer Fee
  1. 0.00
Unit Number
  1. 2-350
Views
  1. 48
Water
  1. Central
Windows
  1. Other
  2. Solar Tinted
Year Built
  1. 2008
Zoning Code
  1. condominum