Amerivest Pro-Team
yourhome@amerivest.realestate8 Beds
8 Baths
10,018 Sqft Lot
8 Beds
8 Baths
10,018 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Cherrystone Court
MLS Listing ID 225047342
Style Resale Property
Bedrooms 8
Full Baths 8
HOA Y/N No
Year Built 1983
Annual Tax Amount $12,393
Tax Year 2024
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type Quadruplex
Source Naples
Property Description
Investor's dream in prestigious Royal Harbor! This rare quadplex package includes four fully updated 2 bed/2 bath units (956 sq ft each), all with separate tax IDs and legal descriptions—sold together as one investment.
Three units rented at $2,600/month, with the fourth vacant and ready to show or lease. Enjoy 75 feet of canal frontage with a brand-new dock and patio—perfect for boaters. Bring your boats or lease the dock space for additional income. Over $125K in renovations done in 2023
including:• New kitchens & updated baths in all units • All-new tile flooring• $60K dock and outdoor upgrades.2025 advanced floor control measures were installed on the property, engineered to withstand floodwaters of at least 4 feet and rigorously hurricane tested.
Minutes from 5th Ave, beaches, and top-tier amenities. Strong potential cash flow, prime location, and no work needed—just invest and collect.
Location
State FL
County Collier
Community Boating
Area Oyster Bay
Zoning res
Interior
Heating Central Electric
Flooring Tile
Fireplace No
Heat Source Central Electric
Exterior
Exterior Feature Boat Slip
Community Features Street Lights
Amenities Available Internet Access, Streetlight
Waterfront Description Canal Front
Roof Type Shingle
Porch Deck
Garage No
Private Pool No
Building
Lot Description Regular
Water Central
Architectural Style Ranch, Quadraplex
Structure Type Poured Concrete,Stucco
New Construction No
Others
Pets Allowed With Approval
Senior Community No
Tax ID 05430040004
Virtual Tour https://vimeo.com/1085798011
Real Estate Insights
Key Takeaways Profitable Growth: Real Brokerage posts its first profitable quarter while expanding at record speed. Explosive Agent Network: 28,000+ agents at Q2; now nearing 29,200—more referrals and listing exposure. Record Sales: $20.1B volume and 49,282 transactions in Q2—both up 60%+ YoY.
By Joe Ballarino In today’s housing market, the word “affordable” gets thrown around a lot—but often without context. Prices are high, interest rates fluctuate, and buyers and sellers alike are left wondering: What can people actually afford right now? To answer that, we’ve developed a new benchmar
Where Sellers Must Reflect and Buyers Can Afford to Be Choosy Prepared by Joe Ballarino, Team Lead – Amerivest Pro-Team powered by Real Key Takeaways Home sales dipped again, with NAR reporting existing-home sales at a nine-month low in June. Inventory is rising, and homes are sitting longer on mar
We’re excited to share that Amerivest Pro-Team has been recognized as one of the Top 20 large real estate teams in the United States by Real Brokerage for the first quarter of 2025—a distinction that highlights both our market leadership and the incredible commitment of our agents. National Honors A