The story
Unit 201 at 101 8th Street South is a 2-bedroom, 2-bathroom, single-level condo in Naples, FL with 902 sq ft of living space, built in 2021. It is currently listed at $1,149,000. Highlights include city views.
Seller financing available!! Interest only financing for 3 years at 4.95% interest rate for full prices offers with a 50% down payment. This unit is expected to have north of $80,000 in rental income this year!!! LOWEST PRICED 2/2 newly built condo in all of 34102!! Rental property management will continue for the new owners for 15% ALL 5 STAR REVIEWS!!! Positioned in the heart of downtown Naples and just eight blocks from the Gulf of America, this 2021 built two bedroom, two bathroom condo offers an exceptional location paired with rare daily rental flexibility. The ability to rent up to 365 times per year allows for daily rentals, creating a significant advantage in the Naples market. This level of rental allowance provides owners with the opportunity to generate income throughout the year, including during peak season, holidays, and special events. Daily rental capability supports shorter stays that align with strong visitor demand in the downtown Naples area, while also allowing owners to balance personal use with rental opportunities without long minimum stay requirements. Its prime setting places it near the beach as well as the shopping, dining, and cultural attractions that define the Naples lifestyle. Fifth Avenue South and Third Street South are nearby, offering a wide range of restaurants, boutiques, galleries, and cafes. Cambier Park, the Naples Pier, and numerous local events contribute to the area’s active and desirable atmosphere year round. The neighborhood blends residential streets with vibrant commercial districts, appealing to both full time residents and visitors. Proximity to the beach and downtown amenities further supports consistent rental demand and enhances the value of this central Naples address. Built in 2021, the property combines recent construction with a highly sought after location. The condo features a well planned layout with two separate bedrooms and two bathrooms, providing comfortable day to day living along with flexibility for guests. It is offered fully furnished, allowing for immediate occupancy. Finishes and furnishings reflect a contemporary style that complements the newer construction, creating a clean and cohesive interior throughout. A covered parking space located beneath the building adds convenience and protection from the elements. In a downtown setting where parking can be limited, this feature provides an added level of ease. Secure building access and modern construction standards further contribute to the overall appeal. Current owner is getting a tax deduction of $325k, new owner could be eligible for even more. check with your accountant.
