4520 Gulfstream Dr

Naples, FL, 34112

MLS ®: 218024388
05100 sqFt


Days Listed: 373 • Web Viewings:9 • Video Tour


4520 Gulfstream Dr , Naples, 34112

Attention Investors! This is your chance to own one of the only remaining cash cows in Naples. This property features 14 rental units all with full kitchens, ceramic tiles floors, and fully furnished. All rooms have been completely remodeled over the past few years. Many improvements have been made to the property such as commercial gauge metal roofs with a 50-year lifespan, seamless gutters, brick pavers, white-pvc privacy fence, metal doors, landscaping, state-of-the-art video surveillance system, to many upgrades to list! Owners have long-term tenants paying rent weekly, versus monthly. This property has huge verifiable income as it currently operates, but if converted over to a full scale daily Inn, which it is licensed for, the income could easily be increased to over $400,000 annually within the first 12-months after conversion. This property is without a doubt the best income property to come for sale in Naples in a very long time. Located minutes to Downtown Naples, 5th Avenue Shops & Restaurants, the Naples Beach & Pier. Plus, just a short 15 minute drive to Marco Island. Call to schedule your private tour today!

General Details

3222 Tamiami TRL , Port Charlotte FL 33952
  • Year Built: 1968
  • MLS Number: 218024388
  • City: Naples
  • County: Collier
  • Created Date: 019-04-01
  • Property Type: Commercial

Commercial Specificiations

3222 Tamiami TRL , Port Charlotte FL 33952
  • AVMYN: 1
  • Comercial Property Type: Lodging And Hospitality: Full Service
  • Commercial Type: Business W/property
  • Confidentiality Agreement Required: 1
  • Cooling: 1
  • Depth: 158
  • Fenced Yard: 1
  • Heating: 1
  • Income Cap Rate: 7.00
  • Lease No Of Parking Spaces: 20
  • List Price Description: Asking Price
  • Number Of Spaces Units: 14
  • Property Name: Paradise Inn of Naples
  • Property Use Type: Business
  • Sale Includes: Building And Land, Business, Equipment
  • Subject Property SqFt: 22120
  • Tenancy: Multiple
  • Total Building SqFt: 6686
  • Transaction Type: Sale
  • Utilities Available: Electric, Sewer, Water

Property Fees

24850 Old 41 RD 2, Bonita Springs FL 34135
 Taxes (Tax Year 2018)$4,439


4520 Gulfstream Dr , Naples, 34112

Building Details

3222 Tamiami TRL , Port Charlotte FL 33952
  • Total Floors: 1

Other Details

3222 Tamiami TRL , Port Charlotte FL 33952
  • Lot size (acres): 0.5100
  • DOM: 2
  • Legal Description: NAPLES SOUTH UNIT 1 BLK 15 LOTS 7 + 8
  • Lot Frontage: 140
  • Parcel Number: 63103640003
  • Last Change Type: Extended, New Listing, Withdrawn
  • Subdivision Number: 513100
  • Waterfront: 1
  • Waterfront Description: Lake
  • CDOM: 2
  • Utilities Available: Electric, Sewer, Water

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Listing courtesy of
Island Life Realty LLC

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