Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Copied
Photo
Copied
Photo
Photo
Photo
Photo
See all photos

$225,000

For Sale - Active
8225 Ibis Club Dr Apt 203, Naples, FL 34104
1 Bed
1 Bath
811 Square Feet
0.00 Acres Lot
Built in 2000
For Sale - Active
125 Units
Checked: 17 hours ago
Updated: Sep 01, 2025 at 06:30PM

Investment Summary


Monthly Cash Flow
-$433
Cap Rate
3.8%
Cash-on-Cash Return
-10.0%
Debt Coverage Ratio
0.62
Internal Rate of Return (5 years)
-5.7%

Property Description


0.00 Acres Lot
Built in 2000
For Sale - Active
125 Units

This first floor is well located to shopping, dining at Berkshire Commons with Publix, Walgreens Hibachi of Japan and variety of other shops and businesses. Located a short drive to the Naples sandy gulf beaches makes this a dream or go to Greenway for a walk over the Gordon River. Property is well designed and ready for the new owner or investor to take adavantage of is a rapidly growing area of Naples.

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Avatar
Avatar
Avatar

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent
Avatar
Avatar
Avatar

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender
Avatar
Avatar
Avatar

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager
Avatar
Avatar
Avatar

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

  • Garage Spaces: 0
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 1

Bathroom Information

  • # of Baths (Full): 1
  • # of Baths (Total): 1.0

Interior Features

  • # of Stories: 1

Exterior Features

  • Roof Material: Shingle

HOA

  • Has HOA: Yes
  • HOA Fee: $315/monthly

Land Information

  • Land Use: Residential
  • Land Use Subtype: Condominium Unit

Lot Information

  • Parcel ID: 51146800388
  • Lot Size: 0 sqft

Property Information

  • Property Type: Condominium
  • Style: See Remarks, Low Rise
  • Year Built: 2000

Tax Information

  • Annual Tax: $822

Utilities

  • Water & Sewer: Public
  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

Location

  • County: Collier

Listing Details


Listed by:
Edward Blackburn, III
Collier Realty & Management
(239) 263-0349

Source:
Florida Gulf Coast Multiple Listing Service
MLS#: 225060576
Florida Gulf Coast Multiple Listing Service

Investment Summary


Monthly Cash Flow
-$433
Cap Rate
3.8%
Cash-on-Cash Return
-10.0%
Debt Coverage Ratio
0.62
Internal Rate of Return (5 years)
-5.7%

Purchase Details

Find an Agent

Purchase price:
$225,000
Amount financed:
-$180,000
Down payment:
$45,000
Closing costs:
$6,750
Rehab costs:
$0
Initial cash invested:
$51,750
Square feet:
811
Cost per square foot:
$277
Monthly rent per square foot:
$1.97

Financing Details

Find a Lender

Loan amount:
$180,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$1,153
Property tax:
$69
Insurance:
$112
Private mortgage insurance (PMI):
$0
Monthly payment:
$1,334

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$1,600 $19,200
Vacancy loss: (6%)
6% -$96 -$1,152
Operating income:
$1,504 $18,048

Operating Expenses


% Rent Monthly Yearly
Property taxes: (4%)
4%-$69-$822
Insurance: (7%)
7%-$112-$1,344
Property management: (8%)
8%-$128-$1,536
Repairs & maintenance: (5%)
5%-$80-$960
Capital expenditures: (5%)
5%-$80-$960
HOA fees: (20%)
20%-$315-$3,780
Total operating expenses: (49%)
49%-$784-$9,402

Cash Flow


Monthly Yearly
Net operating income:
$720 $8,640
Mortgage payments:
-$1,153 -$13,836
Cash flow:
$433 $5,196