88 31st St SW 5,000 SF Specialty Building Offered at $1,465,235 CAD at a 14.13% Cap Rate in Naples, FL 34117

EXCELLENT CASH FLOW IN PRIME NAPLES LOCATION!!! (See Offering Memorandum)
This meticulously maintained pool home in sought after Golden Gate Estates, sits on a hard-to-find rectangular shape 2.50-acre cleared lot. Only 1 mile east of Collier Blvd between Golden Gate Blvd and White Blvd. Just 20 minutes to beaches, Mercato, Venetian Village, fine restaurants and all the amenities’ Naples has to offer.
The home has an open floor plan and is 1,863 sq ft under air with many upgrades. 3 bedrooms, 2 bath with access to pool/lanai. Large kitchen with new stainless-steel appliances, separate dining area, pantry and laundry room, newer roof. Installed new in 2022: complete AC system, all hurricane impact windows and plantation shutters, gutters, soffit and facia, solar attic vents, and new extended pool cage. The 2-car garage has new epoxy flooring. On the property you'll find various fruit trees, including mango and pomegranate to name a few.
Looking for a man cave, workshop or rental income....this property includes a 30'X60' separate building on a slab with 50 amp RV hook up, electric hoist, and new led shop lights. Great to tinker in and secure your boat, RV, toys, etc.
In addition, there is a separate 16'X16' insulated shed/shop that has the reverse osmosis system and well filtration system with 500 gallons freshwater tank. There is plenty of room for additional storage.
The property has two driveway entrances, one is black top that leads to the main house and the other is gravel that leads to the shop, with plenty of room for turning around your boat, trailer, RV and plenty of parking.
You'll find in walking distance, Big Cypress Elementary School and Max Hasse Community which includes a fitness center.
This property is great for the small business owner. There are no HOA fees or restrictions and this home has the potential for dual rental incomes for the right investor.