
Seller's Agent in 2025
Matthew Steves
Serhant-Naples
(239) 631-0540
20 in this area
84 Total Sales
****Taking BACKUP Offers!!**** nvestor's Dream Duplex with Endless Possibilities – Prime Location in Naples
This exceptional property, situated on an oversized corner lot of 0.41 acres, offers incredible potential for investors. Zoned for multi-unit development, it provides the flexibility to expand or redevelop. The current duplex consists of 2,392 Sq Feet with VAULTED ceilings a 3-bedroom, 2-bath unit on one side, and a 2-bedroom, 1-bath unit on the other. Built in Year 2000 with durable concrete block construction, the property ensures minimal maintenance. Recent updates include a new roof installed in 2019, new gutters added in 2023, and new AC units for the 3-bedroom (2021) and 2-bedroom (2024) units. Both units feature all-tile floors for easy maintenance, and each has a long driveway with additional parking space. The large front and back yards offer ample room for outdoor activities or future expansion.
Currently generating $4,713 per month in rental income with year-long leases in place, the property is located in a highly desirable area with a steady rental market. It boasts direct access to Sugden Regional Park and Bayshore Drive, with shopping, dining, food trucks, and the Naples Botanical Garden nearby. A public boat launch is just down the road. The location is particularly attractive to short-term or vacation rental opportunities, as it is directly across from Avalon Elementary School and the Naples Pickleball Center, which features 64 courts and hosts the World Championship stadium.
With zoning approval for multi-unit development, the property offers unlimited potential for redevelopment. Investors can capitalize on the high demand for rental properties in the area, converting the property into a quadplex or additional units. It also presents an opportunity for short-term rentals catering to the growing pickleball community or for creating a unique rental community with options for Airbnb or long-term tenants. The duplex is also good for snowbirds to stay in one unit and to rent the other to cover costs.
This property represents a unique investment opportunity in one of the most desirable areas of Naples, offering steady income, strong potential for future appreciation, and multiple avenues for rental income, including annual, seasonal, or short-term rentals. The possibilities for redevelopment and income generation are endless.
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $555,000 | Title Specialists | |
Warranty Deed | $555,000 | Title Specialists | |
Warranty Deed | $269,000 | Naples Title Inc | |
Quit Claim Deed | -- | None Available | |
Deed | $100 | -- | |
Warranty Deed | $73,000 | Attorney | |
Quit Claim Deed | $140,000 | None Available | |
Warranty Deed | $19,500 | -- |
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $416,250 | New Conventional | |
Closed | $416,250 | New Conventional | |
Previous Owner | $134,500 | Commercial | |
Previous Owner | $74,800 | Commercial | |
Previous Owner | $73,000 | Commercial | |
Previous Owner | $285,000 | Commercial | |
Previous Owner | $199,292 | New Conventional | |
Previous Owner | $153,000 | Commercial | |
Previous Owner | $144,688 | FHA |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
02/04/2025 02/04/25 | Sold | $555,000 | -2.5% | -- |
12/13/2024 12/13/24 | Pending | -- | -- | -- |
12/11/2024 12/11/24 | Price Changed | $569,000 | -8.1% | -- |
12/08/2024 12/08/24 | Price Changed | $619,000 | +3.2% | -- |
12/08/2024 12/08/24 | Price Changed | $599,999 | -3.1% | -- |
12/07/2024 12/07/24 | Price Changed | $618,999 | 0.0% | -- |
11/19/2024 11/19/24 | For Sale | $619,000 | -- | -- |
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $5,242 | $408,335 | -- | -- |
2024 | $4,971 | $371,214 | -- | -- |
2023 | $4,971 | $337,467 | $0 | $0 |
2022 | $4,408 | $306,788 | $0 | $0 |
2021 | $3,637 | $278,898 | $112,112 | $166,786 |
2020 | $4,201 | $330,283 | $0 | $0 |
2019 | $3,855 | $300,257 | $153,400 | $146,857 |
2018 | $3,749 | $291,687 | $0 | $0 |
2017 | $3,454 | $265,170 | $139,880 | $125,290 |
2016 | $2,839 | $180,426 | $0 | $0 |
2015 | $2,399 | $164,024 | $0 | $0 |
2014 | $2,172 | $149,113 | $0 | $0 |
Seller's Agent in 2025
Matthew Steves
Serhant-Naples
(239) 631-0540
20 in this area
84 Total Sales
Buyer's Agent in 2025
Kasey Thompson
Safe Harbour Realty Inc
(239) 258-7517
2 in this area
94 Total Sales
Source: Naples Area Board of REALTORS®
MLS Number: 224093790
APN: 22623400007