161 Santa Clara DrNaples, FL 34104

Property Details for 161 Santa Clara Dr

Year built

1987

Property type

Other commercial real estate

Property subtype

Other retail properties

Description

Exceptional investment opportunity: a 56-unit remodeled villa condo complex in Naples, Florida, is available for $12,500,000. This unique offering boasts a mix of one-bedroom, two-bedroom, and two-bedroom-plus-den units, all meticulously updated in recent years. Upgrades include new tile floors, three-tone paint, stainless steel appliances, custom shaker cabinets, and granite countertops. Each villa features a screened lanai. Residents enjoy a serene community with numerous amenities, including tennis courts, a clubhouse, two pools, a spa, a workout room, and a playground. Recent major exterior improvements encompass new roofs, asphalt parking, exterior paint, clubhouse renovations, and refurbished pool and playground equipment. The property enjoys an excellent Naples location, providing convenient access to I-75, abundant shopping and dining options, and the renowned beaches and downtown Naples (approximately 7 miles away). This turnkey investment presents a rare opportunity in a highly desirable market. Built in 1987, this complex offers immediate income potential and strong long-term growth prospects. Detailed financial information, including rent rolls and expenses, is available upon request.

Location Insight

City

Naples

County

Collier

State

Florida

Latitude

26.1504

Longitude

-81.7181

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