$1,949,000
$151K PRICE DROP

Estimated payment $10,739/month

Total Views 2,934
4 Beds
4 Baths
7,668 Sq Ft
$254 Price per Sq Ft

Highlights

  • Boat Ramp
  • Waterfront
  • Canal Access
  • Naples Park Elementary School Rated A-
  • 0.3 Acre Lot
  • Oversized Lot

About This Home

Rare opportunity to own a fully remodeled, fully operational 4-unit Airbnb in one of Naples’ most desirable coastal neighborhoods. Located west of US-41 near Vanderbilt Beach and Delnor-Wiggins Pass, this turnkey property features four designer-furnished 1BR/1BA units, all with modern kitchens, quartz countertops, new appliances, tile flooring, and stylish coastal décor. Recent upgrades include four new AC systems (2024), roof replacement (2016), and updated electrical/plumbing. Operating at 91% occupancy with a $175 blended nightly rate, this high-performing potential $232,000 in annual revenue and a 7.5% stabilized cap rate at the $2.1M offering price. With no HOA or rental restrictions, multiple outdoor seating areas, and ample parking, 726 Park Ave offers both lifestyle appeal and investment-grade performance—a rare combination in the Naples STR market.

Listing Agent

Jesus Vento

Real Broker, LLC License #249531645 Listed on: 10/13/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,176

Year Built

  • Built in 1961

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 115 x 117 x 115 x 116
  • Waterfront
  • Fenced
  • Oversized Lot

Home Design

  • Quadruplex
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 7,668 Sq Ft Home
  • Sliding Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Canal Access
  • Patio
  • Outdoor Storage
  • Outbuilding

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 48074640005

Community Details

Overview

  • 4 Units
  • Gulf Harbor Subdivision

Recreation

  • Boat Ramp
  • Community Boat Dock

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $91,760
  • Net Operating Income $129,040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,176

Year Built

Built in 1961

Lot Details

0.3 Acres

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3
  • Lot Size: 115 x 117 x 115 x 116
  • Subdivision Name: GULF HARBOR
  • Architectural Style: Other, See Remarks
  • Structure Type: Quadruplex
  • Year Built: 1961
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Private Spa: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Tile
  • Window Features: Sliding

Exterior Features

  • Lot Features: Oversized Lot
  • Pool Private: No
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block, Concrete, Stucco, Wood Siding
  • Exterior Features: Fence, Patio, Storage
  • Other Structures: Outbuilding
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Non-Gated
  • Amenities: Boat Dock, Boat Ramp
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 48074640005
  • Zoning Description: Residential/Multi-family

Rental Info

  • Tenant Pays: Cable TV, Electricity, Internet

Multi Family

  • Number Of Units Total: 4
  • Property Net Operating Income: 129040.0
  • Annual Operating Expense: 91760.0

Tax Info

  • Tax Annual Amount: 7176.0
  • Tax Year: 2023

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $6,442 $572,435 -- --
2024 $7,176 $520,395 -- --
2023 $7,176 $451,704 -- --
2022 $5,628 $420,885 $0 $0
2021 $5,083 $382,623 $0 $0
2020 $4,647 $347,839 $243,122 $104,717
2019 $4,829 $326,775 $0 $0
2018 $4,561 $297,068 $0 $0
2017 $4,263 $270,062 $0 $0
2016 $3,731 $245,511 $0 $0
2015 $3,320 $223,192 $0 $0
2014 $3,012 $202,902 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2025 12/11/25 Price Changed $1,949,000 -2.5% $254 / Sq Ft
11/10/2025 11/10/25 Price Changed $1,999,000 -4.8% $261 / Sq Ft
10/13/2025 10/13/25 For Sale $2,100,000 +262.1% $274 / Sq Ft
07/11/2025 07/11/25 Sold $580,000 -3.2% -- View Prior Sale
06/17/2025 06/17/25 Pending -- -- --
03/31/2025 03/31/25 Price Changed $599,000 -14.3% --
01/15/2025 01/15/25 Price Changed $699,000 -11.4% --
10/12/2024 10/12/24 Price Changed $789,000 -9.8% --
08/27/2024 08/27/24 For Sale $874,900 0.0% --
08/27/2024 08/27/24 Pending -- -- --
06/21/2024 06/21/24 For Sale $874,900 -- --
Source: Florida Gulf Coast Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed $580,000 Empire Title Company Ltd
Warranty Deed $580,000 Empire Title Company Ltd
Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- None Available
Deed $100 --
Warranty Deed $225,000 Bryant Title & Escrow Llc
Warranty Deed -- --
Warranty Deed $160,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $435,000 Balloon
Closed $435,000 Balloon
Previous Owner $50,000 Credit Line Revolving
Previous Owner $112,000 Commercial
Source: Public Records

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 225074870

Florida Gulf Coast Multiple Listing Service

APN: 48074640005

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