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101 8th St
662 SF Flex Condo Unit Offered at $1,099,000 in Naples, FL 34102
Investment Highlights
- close to downtown, shopping, dining, entertainment
- Open plan with European hardwood flooring, Hunter Douglas privacy shades, reverse osmosis water filtration system in the kitchen, soft close cabinetry
- lots of natural light, beautiful sunsets
Executive Summary
Located in Olde Naples, SoCe Flats is a lovely condo/boutique hotel project featuring 18 residences with one—and two-bedroom apartments. It is steps to 5th S, the Design District, and the relaxing beaches of Naples, Florida. The project is pet-friendly and has assigned parking spaces and Tesla charging stations.
Property Facts
1 Unit Available
Unit 208
| Unit Size | 662 SF | Cap Rate | 10.00% |
| Price | $1,099,000 | NOI | $109,900 |
| Price Per SF | $1,660.12 | No. Parking Spaces | 1 |
| Condo Use | Flex | APN/Parcel ID | 19525000165 |
| Sale Type | Investment or Owner User |
| Unit Size | 662 SF |
| Price | $1,099,000 |
| Price Per SF | $1,660.12 |
| Condo Use | Flex |
| Sale Type | Investment or Owner User |
| Cap Rate | 10.00% |
| NOI | $109,900 |
| No. Parking Spaces | 1 |
| APN/Parcel ID | 19525000165 |
Description
This is a great opportunity to own a boutique condominium/hotel in downtown Naples! This unit is one Bedroom, one Bath turnkey, unfurnished on the 2nd Floor with beautiful sunset views from the balcony. The owner is allowed to use their condo personally for up to 150 days per calendar year. The unit has quartz countertops, European hardwood flooring, Hunter Douglas privacy shades, soft-close cabinetry, and a full kitchen with a beautiful island. Reverse osmosis water filtration system in the kitchen. The full washer and dryer combo are located in the bathroom. Assigned Parking. Access to rooftop deck, amenities, TV lounge, outdoor kitchen, and tub.
Sale Notes
This is a very good potential income property at the same time. Highly sought-after nightly, weekly, and monthly rentals are available at $320, $2,401, and $9,604, respectively. It is a short walk to 5th Avenue, the beach, entertainment, and dining.
Occupancy is based on Title transfer, not on 03-27-25.
Call the listing agent for more details.
Amenities
- Car Charging Station
- Lounge
- Air Conditioning
- Smoke Detector
zoning
| Zoning Code | D (A downtown zone aiming to create a balanced mix of land uses for retail, residential, entertainment, arts, and cultural purposes.) |
| D (A downtown zone aiming to create a balanced mix of land uses for retail, residential, entertainment, arts, and cultural purposes.) |
Presented by
101 8th St
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