When was property at 1003 Michigan Avenue built and last sold?

The property at 1003 Michigan Avenue was built in 1958 and last sold on Jul 31, 1998 for $122,000.

How much is this home worth?

The estimated value of the home located at 1003 Michigan Avenue is $0.

What are some comparable homes to 1003 Michigan Avenue?

There are currently no comparable homes to 1003 Michigan Avenue.

Collier

34103

Central Naples

1003 Michigan Avenue

$565,000

● House - Off Market

1003 Michigan Avenue

NAPLES, FL 34103

2 Beds

2 Baths

1,335 Ft²

$3,843

Est. Monthly

15.41%

Cap Rate

About This Property

This adorable cottage is situated on a rare DOUBLE LOT in the heart of Naples! This is an incredible opportunity to live in a A+ location, generate excellent rental income with an Air B&B, or build your dream home! This quaint, shabby chic home boasts a HUGE fenced yard, brick courtyard and hot tub to enjoy the beautiful Florida weather. The floor plan is open and spacious and is very efficient, with no wasted space. This lovely home is located just a short drive to the award winning white sand beaches, the fabulous shops and dining of 5th Ave South, and is just blocks to shopping, restaurants, banking - and everything!!

Unit Size

1,335 Ft²

Days on Market

61 days

Land Size

0.31 acres

Price per sqft

$487

Property Type

House

Property Taxes

$652

HOA Dues

Year Built

1958

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (SWFLMLS #224053843)

Price History

Date / Event	Date	Event
Aug 26, 2024	Sold	Premium
Sold
Aug 11, 2024	In contract	-
In contract
Jul 31, 2024	Price Decreased	$649,900 ↓ $50K (7.1%)
Price Decreased
Jul 20, 2024	Price Decreased	$699,900 ↓ $25K (3.5%)
Price Decreased
Jul 15, 2024	Price Decreased	$724,900 ↓ $25K (3.3%)
Price Decreased
Jun 26, 2024	Listed by Realty One Group MVP	$749,900
Listed by Realty One Group MVP
Aug 10, 1998	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1958

Effective Year Built: 1958
Building Count: 1
Bedroom Count: 0
Building Condition: 0
Building Quality: 10
Construction Type: 12
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 70
Porch Type: 0
Pool Type: 9

Dimensions

Lot Size Square Feet: 13,504

Lot Size Depth Feet: 1,350
Lot Size Frontage Feet: 1,000
Total Building Area: 1,335
Gross Building Area: 1,335
Building Area: 1,335
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heated Square Feet: 1,335
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: BAD AXE SUB
Land Acres: 0000000310
Standard Land Use Code: 1001
County Land Use Code: 1
State Land Use Code: 01
Legal Description 1: BAD AXE BLK D LOTS 1 + 2

Neighborhood

School District Name: Collier County School District

School Tax School District: DISTRICT 1
Census Tract: 010300

Zoning

Zoning: RMF-6

Geography

Assessors Map Reference: 4A22

Subdivision Tract Number: 175000
Parcel: 22770800000
Block: D
Lot: 1
Meridian: SEC 22 TWN 49 RNG 25
Municipality: COUNTY COLLIER
Latitude: 26.1936
Longitude: -81.7983

Address

Full Address: 1003 Michigan Ave

Address - House Number: 1003
Address - Street Name: Michigan
Address - Suffix Type: Ave
State: FL
City Name: Naples
Carrier Code: C015
4-Digit Zip Code: 3856
Zip Code: 34103

Valuation

Tax

Total Area: 1,632

Tax Year: 2022
Tax Amount: $140,067
Tax Rate Code Area: 6

Appraisal Valuation

Standard Deviation: 0.2412

Valuation Date: Dec 20, 2023
Confidence Score: 66
Final Value: 808,442
High Value: 1,003,476
Low Value: 613,408

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Financing Type:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium

Market Valuation

Market Total Value: $642,362

Market Land Value: $545,738
Market Improvement Value: $96,624

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $151,653

Exemptions

Widow Exemption: Yes

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Jul 31, 1998

Current Sale Recording Date: Aug 10, 1998
Current Sale Price:

Premium
Current Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium

Financing

First Mortgage Financing Type: FIX

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Central Naples

Stats & Trends

Median Asking:

$614,000

Sale Price/ft²

$358

Below Asking

0.04%

Average Days on Market

100

Average Home Size

1892 ft²

Average Home Age

36.4 years

Currently For Sale

240 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2121 Gulf Shore Boulevard N, Naples, FL, 34102

$10,000 /mo

2 Beds
2 Baths
905 ft²

2121 Gulf Shore Boulevard N #402, Naples, FL, 34102 Listing by Stacey Cotter

Unit for rent at 5635 Turtle Bay Drive, Naples, FL, 34108-2750

$8,500 /mo

3 Beds
2 Baths
1,713 ft²

5635 Turtle Bay Drive #6, Naples, FL, 34108-2750 Listing by Andrea Clark

Unit for rent at 4560 Gulf Shore Boulevard N, Naples, FL, 34103

$10,000 /mo

2 Beds
2 Baths
1,321 ft²

4560 Gulf Shore Boulevard N #3213, Naples, FL, 34103 Listing by Julie Baron

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Mindy Sylvester, Realty One Group MVP
Last Updated: 3 years ago
Data Source: SWFLMLS, MLS# 224053843

The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2026 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

1003 Michigan Avenue

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Central Naples

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions