700 11th St S - Office CONDO FOR SALE


Naples, FL 34102
$789,995 USD
239-234-7250
700 11th St S, Naples, FL for Sale
$789,995 USD
Office CONDO - FOR SALE
1/31
null | 6.96% Cap Rate

700 11th St S
Naples, FL 34102


HIGHLIGHTS

  • Great views close to banks post office etc.
  • Walking distance to everything in downtown Naples: close proximity to water, restaurants, and other businesses.
  • Great Building, fire resistive. All common areas freshly renovated. Elevator updated and new roof.

OVERVIEW

Tenant in place expires May 2027. (NEW INFORMATION current tenant would be willing to vacate with reasonable notice from new owner.) This lease was put into place as part of a business sale. Rents could be moved considerably higher given the buildings location and condition. This downtown Naples condo is a great investment building is newly renovated! Many new projects getting ready to start in the area. Making this a reasonable cap rate and a great property to hold. Not many 2000 SF spaces downtown Naples. ALL INFORMAITON MUST BE VERIFIED BY PURCHASER.

FOR SALE DETAILS

PRICE

$789,995 USD

PRICE/SF

$390 USD /SF

CAP RATE

6.96%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Floresta Building-Downtown Naples Office

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

12,372 SF

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,770 SF

ZONING

C2-A

APN/PARCEL ID

07830040000

ASK ABOUT THIS PROPERTY

Richard ArnoldRichard ArnoldMore Info
239-234-7250

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Richard ArnoldRichard ArnoldMore Info
239-234-7250

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.