549 94th Ave

Naples, FL 34108

$795,000

$530 per ft²
$795,000
$530 per ft²
Active
Active
 - For Sale
beds
4 Beds
baths
2 Baths
carpenters-square
1500 ft²
property_type
Single Family Residence
calendar
Built 1970
Rarest opportunity in Naples Park! A clean, income-producing duplex positioned within immediate reach of Vanderbilt Beach, offering durability today and strategic upside tomorrow. This two-unit asset is configured with mirrored 2BR, 1BA residences, both currently occupied by long-term tenants, delivering consistent baseline cash flow from day one. The structure is straightforward and efficient, with ample off-street parking, solid construction, and a layout that lends itself seamlessly to either continued long-term leasing or a transition into short-term rental use. What elevates this property beyond a standard duplex is its adjacency to a proven, high-performing rental asset. The shared driveway and cohesive positioning alongside the neighboring triplex create a rare opportunity to control contiguous inventory in a submarket where scale is nearly impossible to assemble. The seller is open to packaging this property with 541 94th Ave N, forming a five-unit portfolio with a balanced mix of stabilized income and high-yield short-term rental potential. From a strategic standpoint, the flexibility is compelling. Maintain the current tenancy for predictable returns, reposition for short-term rental optimization, or occupy one unit while the remaining doors offset carrying costs. Recent improvements across the combined properties, including updated systems, a new roof, and refreshed interiors, reduce near-term capital expenditure and allow for immediate operational focus. Located west of US-41 with walkable access to dining, retail, and entertainment, this asset sits in one of North Naples most resilient rental corridors. Demand from both seasonal and annual tenants remains strong, supporting long-term appreciation and income stability. For an investor seeking a low-friction entry with expansion upside or a 1031 exchange into a coastal, income-generating asset, this duplex represents a disciplined, high-conviction acquisition.

MLS# 226017125

Interior Features

Appliances:   Electric Cooktop, Dishwasher
Cooling:   Ceiling Fan(s), Central Electric
Heating:   Central Electric
Flooring:   Tile
Furnished?:   Negotiable
Misc Interior:   Split Bedrooms, Entrance Foyer

Exterior/Building Features

Acres:   0.15
Building Name:   NAPLES PARK
Community Features:   None, Non-Gated
Construction Materials:   Concrete Block, Stucco
Garage Spaces:   0
Levels:   1 Story/Ranch
Parking Features:   2+ Spaces, Circular Driveway, Driveway Paved, Guest, Load Space, Paved, RV-Boat
Security Features:   Smoke Detectors
Other Exterior:   None

School Information

High School:   null
Middle School:   null
Elementary School:   null

Other Property Details

Pets Allowed:   No Approval Needed
Owner Pays:  
Other Exterior:   None
Num Units In Community:   1

 

The data relating to real estate for sale on this limited electronic display come in part from the Broker Reciprocity Program (BR Program) of the Bonita Springs-Estero Association of REALTORS®, Florida Gulf Coast Multiple Listing Service, Inc., and the M.L.S. of Naples, Inc. Properties listed with brokerage firms other than this one are marked with the BR Icon and detailed information about them includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties available through the BR Program. The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations. Copyright 2024 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

Data last updated

REALTY EZ
Southwest Florida
Real Estate

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