101 8th St

686 SF Flex Condo Unit Offered at $925,000 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

Price $925,000
Unit Size 686 SF
No. Units 1
Total Building Size 26,000 SF
Property Type Specialty (Condo)
Property Subtype
Residential Income
  • Office Office Residential
Sale Type Investment or Owner User
Building Class B
Floors 3
Typical Floor Size 6,000 SF
Year Built 2021
Lot Size 0.37 AC

1 UNIT AVAILABLE

Unit 208

Unit Size 686 SF
Price $925,000
Price Per SF $1,348.40
Condo Use Flex
Sale Type Investment or Owner User
Cap Rate 10.00%
NOI $92,500
No. Parking Spaces 1
APN/Parcel ID 19525000165
DESCRIPTION

OPEN HOUSE 02-01-25, 3 pm-5 pm!!!

This is an excellent opportunity to own a boutique condominium/hotel in downtown Naples! Highly sought-after nightly, weekly, and monthly rentals are available at $320, $2,401, and $9,604, respectively.
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 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 the date of Title transfer.
Call the listing agent for more details.

Walk Score®
Very Walkable (75)

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.)
  • Listing ID: 34306079

  • Date on Market: 12/27/2024

  • Last Updated:

  • Address: 101 8th St, Naples, FL 34102