This spacious 3BR/3BA property features an amazing fully-updated
kitchen, the home's centerpiece, and modern touches throughout. The
kitchen features a huge center island with an extended counter area
able to seat 4 people or more, stainless steel appliances, granite
countertops, a subway tile backsplash, easy-close drawers, and a
pantry for extra storage. The updated master bathroom impresses
with dual sinks, a new vanity, new fixtures, and custom tile work
in the walk-in shower. The in-law suite has similar updates and
provides flexible living space with a private entrance and outside
patio. The expansive sundeck with a decorative composite railing is
a nice place to catch rays or entertain. Practical upgrades include
Hardie Board siding, a tankless water heater, an in-home
washer/dryer, storm protection (some impact-resistant windows), a
large carport, and an extra wide driveway. Riviera Golf Estates is
a vibrant 55+ community just eight miles from the beach and a
ten-minute drive to the shops on 5th Ave. Unlike some communities
in Naples with manufactured homes, in Riviera you own the land! The
resort-style amenities include: a newer heated saltwater pool with
lap lanes, tennis, pickleball, exercise room, shuffleboard, bocce
courts, billiards room, library, and a huge clubhouse with a very
active social calendar. All this for a low HOA fee of just
$144/month (includes basic internet). An open and bright updated
home in a great location! This home is one of the best deals in
Naples!
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Nicely remodeled home in Riviera Golf Estates. Offered Turnkey Furnished. Open floorplan. Large windows with new custom blinds. No neighboring property to the rear of the home. Spacious kitchen with large center island. Granite counter tops. New Samsung appliances. Custom 42" cabinets. Soft close doors and drawers in kitchen & baths. Large walk-in pantry(with extra pantry). Sizeable master bedroom with walk-in closet. Master bathroom has dual sinks and walk-in shower. Guest bathroom features a jacuzzi tub. Home exterior is Hardie board siding. Backyard has a large open patio and sundeck. Private attached in-law suite, with full bathroom and kitchenette. Large two car carport with additional storage room. Low quarterly HOA dues of $431! Includes: cable, fitness center, newly resurfaced salt water pool., tennis and pickleball courts (Active 55 & over community). Less than 4 miles from 5th Ave South shopping and dining. Less than 4.5 miles from the beach!
Feb 10, 2025
Relisted
$310,000
Relisted
Jan 25, 2025
In contract
-
In contract
Jan 13, 2025
Listed by REMAX Affinity Mercato
$310,000
Listed by REMAX Affinity Mercato
This is the Jewel of Riviera! This finely remodeled home is located in the highly sought after community of Riviera Golf Estates. With a full time activities director in an active lifestyle 55 and over community, you will enjoy basking in the sun by the newly resurfaced salt water pool. The home features a bright and airy open floorplan with plenty of room for enjoying family time. The home is being sold turnkey which means you just need your clothes and toothbrush. Large picture windows let you enjoy the manicured landscape or simply roll the new custom blinds and enjoy the privacy of not having neighbors to the rear part of the home . The kitchen is very functional, and comes with a new Samsung appliance package, custom 42" cabinets with most doors and drawers having a soft close feature ,large walk in pantry plus an extra pantry let you store plenty of dry goods. The large center island with granite top and brand new never used dishwasher offer plenty of seating space. The master bedroom is spacious, complete with a walk-in closet and a tasteful en-suite bathroom featuring a dual sinks and walk-in shower, the barn door puts the finishing touch on the decor. The guest bathroom features a jacuzzi tub perfect for relaxation. The exterior features Hardie board siding for maximum durability and protection. The sundeck in the back is a charming area to sun or gather to gaze at the stars. A large open patio just outside leads to a private in-law quarters that comes complete with a full bathroom, kitchenette and its own barn door. The possibilities are endless, from a mancave to a playroom or additional living space. The large carport with parking for two cars, and additional storage room round out the many features of this fine home. Riviera Golf Estates is one of less than three communities where you own your own land and have low quarterly HOA dues of $431 that even includes cable, a fitness center, a community pool, tennis and pickleball courts and an annex building to play cards, read or build puzzles.. Conveniently located minutes from shopping, dining, Tin City, famous 5th Ave South, and the gorgeous beaches Naples is known for. Hurry, this one will not last!
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