
$1,100,000
Everglades City Investment
Details
APN 83540600958
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 2,645
Units 10
Cap Rate 7.08%
NOI $77,871
Occupancy 66%
Tenancy Single
Broker Co-Op True
Year Built 1995
Year Renovated 2023
Buildings 5
Stories 2
Acreage 0.480
Zoning Single Family
Parking Spaces 10 spaces
Parking Per SqFt 3.78
Investment Type Owner/User
Occupancy Date 05/11/2026
Multifamily | 3 Units
Marketing description
This furnished waterfront compound is on a deep-water canal(7ft at low tide & 11 ft at high) with a 70ft dock with a boat lift and float on dock. Easy access to the Ten Thousand Islands and the Gulf of America for world class fishing, kayaking, and sunset cruises. Private location near Everglades National Park with abundantly diverse wildlife such as manatees, river otters, and over 300 species of birds. Nature lovers will enjoy an array of over 750 native plants including orchids, mangroves, and bromeliads. Property features include: detached workshop, 4 car garage bunker, and substantial parking. This property offers a unique blend of practical Florida living with modern features. Upstairs is the main house with 3 beds and 2 baths. Large living space, split bedrooms, and private balcony with grill and fire pit. Completely remodeled downstairs 2 bed 1 bath and 1 bed 1 bath units with granite counters, stainless appliances, new cabinets, new floors, and new bathrooms. There is a pool in the back yard for your relaxation and enjoyment. Laundry facility on site. Great location just 35 miles away from Naples and only 42 miles to Miami.
Investment highlights
Proforma CAP Rate of 7.0%
Gross Income of $96,000
Net Operating Income $77,000
Listing Contacts

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$77,871.00
$6,489.25/mo
Valuation Metrics
0
DSCR
7.08%
Cap Rate
7.08%
ROI
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