161 Santa Clara Dr Naples, FL 34104
Exceptional investment opportunity: a 56-unit remodeled villa condo complex in Naples, Florida, is available for $12,500,000. This unique offering boasts a mix of one-bedroom, two-bedroom, and two-bedroom-plus-den units, all meticulously updated in recent years. Upgrades include new tile floors, three-tone paint, stainless steel appliances, custom shaker cabinets, and granite countertops. Each villa features a screened lanai. Residents enjoy a serene community with numerous amenities, including tennis courts, a clubhouse, two pools, a spa, a workout room, and a playground. Recent major exterior improvements encompass new roofs, asphalt parking, exterior paint, clubhouse renovations, and refurbished pool and playground equipment. The property enjoys an excellent Naples location, providing convenient access to I-75, abundant shopping and dining options, and the renowned beaches and downtown Naples (approximately 7 miles away). This turnkey investment presents a rare opportunity in a highly desirable market. Built in 1987, this complex offers immediate income potential and strong long-term growth prospects. Detailed financial information, including rent rolls and expenses, is available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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