Back to Search
Duplex with Marina Views

1227 Mangrove Ln Chokoloskee, FL 34138

Claim this Listing
For Sale
$499,900

MULTI_FAMILY - Other - CHOKOLOSKEE, FL

Type:Duplex
Property size:
2,880 SF
Lot size:
0.23 Acres
Price / SF:
$173/SF
Added:
Jul 25, 2025
Days on Market:
352
Last Refresh:
Jul 11 at 11:06 pm

Property Features for 1227 Mangrove Ln

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
NA39
Bedrooms
6
Bathrooms
4
Rooms
Bathroom 4, Bathroom 3, Bedroom 5, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 6, Bedroom 1, Bedroom 4
Pets allowed
Yes
Standard status
Active
APN
26088565004
Size
2,880 SF
Lot size
0.23 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
CHOKOLOSKEE 36 53 29 G-3 DESC AS: COM SE CNR LT 7, S 89DEG W 431.70FT TO POB, S 89 DEG W 121.08FT, N 18 DEG E 168.23FT, S 83 DEG E 107FT, S 15 DEG W 151.23FT TO POB,
Tax Annual Amount
6182

Utilities

Heating system
Central, Electric (Heating)
Cooling system
Ceiling Fan(s)

Building Details

Year built
2007
Number of units
2
Flooring type
Laminate
Building materials
Concrete Block, Stucco
Roof type
Metal
Architectural style
Other

Listing agent Paula King, PA

Listing office Realty One Group MVP 1495 Pine Ridge Road Ste 1, Naples, FL

Listing date Jul 25, 2025

MLS# 225064702 Listing URL

Copyright © 2026 Naples Area Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This duplex-style income property totals approximately 2,880 square feet on a 0.23-acre lot. It is presented as a residential income asset with flexibility to rent out individual units, support short-term vacation rentals, or be used in ways aligned with a waterfront guest-oriented offering.

The property is located at 1227 Mangrove Ln in Chokoloskee, Collier County, Florida 34138. Zoning is listed as NA39. Public remarks describe the setting as waterfront with views of the marina and an island backdrop.

For buyers looking for a multifamily asset in a coastal setting, the duplex configuration can be an appealing fit for those who want separate rental options within one property. The stated ability to accommodate both unit-based rentals and short-term stays may suit investors and operators seeking a residential income approach consistent with the property’s waterfront positioning.

Key Highlights

  • Year built: 2007
  • Construction: concrete block and stucco
  • Metal roof

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $63.9k $22.20
− Vacancy −$3.2k −$1.10
EGI $60.8k $21.10
− OpEx −$18.2k −$6.33
NOI $42.5k $14.77
2,880 SF · lease $22.20/SF/yr · vacancy 4.94% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$607.8K
$531.8K – $709.1K (±1% cap)
NOI $42,544 @ 7.0% cap · market cap 8.51%
Second Best
Apartment 5plus
$558.6K
$488.8K – $651.7K (±1% cap)
NOI $39,102 @ 7.0% cap · market cap 7.82%
Theoretical Best
Office A
$1.16M
$1.01M – $1.35M (±1% cap)
NOI $80,911 @ 7.0% cap · market cap 16.19%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

FAQs

What type of property is this?
Duplex - Duplex-style income property on Mangrove Ln with waterfront and marina-view setting.
Where is this duplex located?
The property is located at 1227 Mangrove Ln Chokoloskee, FL.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Year built: 2007; Construction: concrete block and stucco; Metal roof
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message