3100 Areca Ave
Naples, FL 34112
- 24 Beds
- 12 Baths
- 3,097 sqft (on 0.78 acres)
24 Beds
12 Baths
3,097 sqft
(on 0.78 acres)
Local Information
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Description
This is a fixer upper money cow, excellent ROI, TLC need it "This property is being offer "as is" right to inspect max 7 days-Cash Only-Bring your offer-Seller motivated. HIGHLY DESIRABLE LOCATION & EXCELLENT INVESTMENT OPPORTUNITY! SANRI APARTMENTS was originally built in 1957 with much of the original character. These beautiful apartments are not on the soft story list; they are sitting on a large piece of land on four parcels with 3 concrete block dwellings. Total of 12 units consisting of 2bed/1bath, kitchen, laundry room, comfortable enclosed porch and nice size backyard. 2 assigned parking stall p/unit and assigned guest parking as well. Conveniently located off Bayshore Drive, only 3 minutes from downtown Naples and 5 minutes driving distance to the beach. This property has a true value right now and is priced to sell at a very high 8% cap rate. These apartments are a money-making machine, 0 vacancy rate for the last 5 years, low expenses and excellent income opportunity. There is $142,620 annual gross rental income right now, 9 out of the 12 units are rented to a private organization for the last 9 years. The apartment community has tenancies.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.
Home Highlights
Parking
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HOA
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Price/Sqft
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Listed
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Home Details for 3100 Areca Ave
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Levels, Entrance, & Accessibility Stories: 1Floors: Tile |
Heating & Cooling Air ConditioningCooling System: Central |
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Exterior Home Features Roof: TileExterior: Stucco |
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Year Built Year Built: 1957 |
Property Type / Style Property Type: Multi Family |
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Units in Building: 12 |
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Lot Area: 0.78 acres |
Price History for 3100 Areca Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 12/30/2024 | $3,000,000 | Sold | N/A |
| 02/25/2019 | $1,000,000 | Sold | NABOR FL #218059333 |
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $4,381 |
| Assessment | $275,723 |
Home facts updated by county records
Comparable Sales for 3100 Areca Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.36 | Multi-Family Home | $2,730,000 | 05/01/26 | 18 | 18 | - | |
0.88 | Multi-Family Home | $1,748,000 | 09/18/25 | 16 | 8 | 2,665 | |
0.06 | Multi-Family Home | $727,500 | 10/02/25 | 5 | 4 | - | |
0.06 | Multi-Family Home | $727,500 | 10/21/25 | - | 2,082 | ||
0.50 | Multi-Family Home | $480,000 | 11/10/25 | 6 | 5 | - | |
0.96 | Multi-Family Home | $525,000 | 06/30/25 | 4 | 4 | - | |
0.88 | Multi-Family Home | $385,000 | 02/13/26 | 2 | 2 | 1,550 | |
1.05 | Multi-Family Home | $580,000 | 01/02/26 | - | 1,462 | ||
1.04 | Multi-Family Home | $530,000 | 01/02/26 | - | 1,411 | ||
1.09 | Multi-Family Home | $560,000 | 11/24/25 | 3 | 3 | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 3100 Areca Ave.
What Locals Say about Naples
At least 1692 Trulia users voted on each feature.
86 % Say it's dog friendly
83 % Say car is needed
78 % Say parking is easy
75 % Say it's quiet
69 % Say people would walk alone at night
69 % Say there's holiday spirit
67 % Say there are sidewalks
61 % Say streets are well-lit
61 % Say yards are well-kept
60 % Say they plan to stay for at least 5 years
53 % Say neighbors are friendly
51 % Say there's wildlife
48 % Say kids play outside
47 % Say it's walkable to grocery stores
46 % Say it's walkable to restaurants
39 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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3100 Areca Ave, Naples, FL 34112 is a 24 bedroom, 12 bathroom, 3,097 sqft multi-family built in 1957. This property is not currently available for sale. 3100 Areca Ave was last sold on Dec 30, 2024 for $3,000,000. The current Trulia Estimate for 3100 Areca Ave is $1,279,400.