175 Cypress Way #B-103, Naples, FL 34110

1031 / IRA INVESTORS TAKE NOTE: Tenant occupied, Lease ends oct 31 2016 Rented at $1,200 per month $14,400 per year gross - $3,192 hoa cost + $400 taxes = 3,592. Net income $10,808 is a 6.5% Cap rate return on investment! Fully Remodeled unit with stainless steel appliances, new bath vanities and more, unit is large, wide, open, sunny and bright, with a relaxing wide water lake view. Unit has nice rich pergo wood flooring in both bedrooms. tile throughout. Super location, great rental market @ an avg $1200 to $1300 per month, pet friendly for owners and renters (very rare), nice community pool. Great Ideal North Naples location, less than three miles to the beaches and walk distance, close to shopping, dining, entertainment, two County parks, healthcare, I-75, golf, boating and more.