Address
11381 Tamiami Trl E, Naples, FL
Price
$ 2,300,000
Property Attributes
  • MLS#222059866
  • TypeContingent
  • CountyCOLLIER
  • CityNaples
  • AreaNA19 - Lely Area
  • Zip34113
  • Style
  • Year Built1961
  • Taxes$ 6010
  • Price$ 2,300,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5917
  • Lot Size0.59 Acres
Data Source:
Naples Area BOR (NABOR)
Property Description

Exclusively offered for investors with a passion for vacation rentals, seize the perfect opportunity at the East Trail Motel. This cherished family-owned and operated establishment has thrived for over two decades, showcasing the owners' unwavering commitment and attention to detail. Now, as the owner enters a well-deserved retirement, you can step into this lucrative venture. Situated a mere 6 miles from the vibrant heart of Naples, Florida's renowned 5th Avenue, the motel's prime location promises endless potential. As the area experiences a surge in new developments, you can tap into the tremendous opportunities that lie ahead. Discover a collection of single-story buildings housing 9 motel efficiency units, ensuring streamlined operations and maximum guest satisfaction. Furthermore, a two-story building awaits, boasting a spacious 1600+ sq ft apartment on the second floor, while the first floor encompasses an office, a laundry room, 2 studio units with kitchens, and an additional 2 efficiency units. In total, this exceptional property offers a remarkable 14 units, ready to welcome guests and generate substantial returns. Don't let this extraordinary investment slip away—act now

Price History
8/22/2022 Listed $2,500,000
10/14/2022 4% - $2,400,000
11/15/2023 5% - $2,300,000

General Features

Utilities Available Phone Line,Sewer,Single Phase Electric,Trash Removal,Water
Property Type Commercial
Tax Year 2021
Status Pending With Contingencies
Acres 0.5900
Cumulative Days on Market 647
Year Built 1961
Taxes 6010.68

Interior Features

Cooling YN Yes
Heating YN Yes
Number Of Spaces Units 12

Exterior Features

Lot Frontage 114
Waterfront Desc None
Canal Width None
Gulf Access No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 34113

Price
AVG $1.02M
$2.3M
Taxes
AVG $4,819
$6,010
Visits
AVG 389
237
Data Provided by Inside Real Estate®
Year Built
AVG 2001
1961
Walkscore
AVG 21
28
Data Provided by Walkscore® not using MLS data

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