Duplex with Impact
For Sale
$550,000
1341 Center Ln, Naples, FL 34110
Residential Income, 1 Story/Ranch, Duplex, NAPLES, FL
Property Size1,430 SF
Lot Size0.20 Acres
Price / SF$384.62
Days on Market25
Property Features for 1341 Center Ln
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RMF-6
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 2
Patio and Porch features
Patio
Pets allowed
Yes
Subdivision
SUNNY TRAIL HEIGHTS
Lot features
Regular, Regular
Standard status
Active
APN
75460720007
Size
1,430 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SUNNY TRAIL HGTS BLK 3 LOT 9
Tax Annual Amount
3468
Legal Description
SUNNY TRAIL HGTS BLK 3 LOT 9
Utilities
Sewer type
Septic Tank
Heating system
Other (Heating)
Cooling system
Ceiling Fan(s), Wall Unit(s)
Amenities
in-unit washer and dryer
Building Details
Year built
1970
Number of units
2
Flooring type
Vinyl
Building materials
Concrete Block, Stucco
Roof type
Shingle
Architectural style
Ranch
Listing Agency:
Downing Frye Realty Inc.
Listed By:
Nick Bobzien, PA
(239) 261-2244
Added: Sep 9
Changed: Sep 30
Last Checked: Oct 3 at 1:06AM
MLS# 226034866
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 ranch-style duplex contains two separate residences, each with two bedrooms, one full bathroom, a kitchen, and a living area. Both units have in-unit washers and dryers. The 1,430-square-foot property sits on a 0.2-acre lot and was updated in 2024. A 2018 roof replacement and hurricane-impact windows and doors are among its documented improvements; the exterior also includes a patio.
In North Naples, west of US-41, the property is described as near beaches, shopping, and dining. RMF-6 zoning is listed for the site.
In North Naples, west of US-41, the property is described as near beaches, shopping, and dining. RMF-6 zoning is listed for the site.
Key Highlights
- Two residences, each with 2 bedrooms and 1 full bathroom
- 1,430 square feet on a 0.2‑acre lot
- Both units include a washer and dryer
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$21,124
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$422,480
$422.5K
Cap Rate 7%
$301,771
$301.8K
Cap Rate 9%
$234,711
$234.7K
Market Conditions
NOI Build-Up for 1,430 SF
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.
Gross rent
$31.7K $22.20/SF
− Vacancy
−$1.6K −$1.10/SF
EGI
$30.2K $21.10/SF
− OpEx
−$9.1K −$6.33/SF
NOI
$21.1K $14.77/SF
Area
Collier County, FL
Vacancy
4.94%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$422,480
Cap Rate 7%
$301,771
Cap Rate 9%
$234,711
Alternative Uses
Best Use
Multifamily LT 5
$301.8K
$264.1K – $352.1K
NOI $21,124 @ 7.0% cap · market cap 3.84%
Second Best
Apartment 5plus
$277.4K
$242.7K – $323.6K
NOI $19,415 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$573.9K
$502.2K – $669.6K
NOI $40,175 @ 7.0% cap · market cap 7.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
366
Businesses Nearby
Explore this area
Business Placement
Demographics for 34110, FL
24,093
Population
18,394
Households
1.3
Avg Household Size
63
Median Age
52%
College-Educated
96%
High-School Grad
16.0 sq mi
ZIP Area
1,506
Density / Sq Mi
$95,275
Median Household Income
$58,470
Median Earnings
$2,068
Median Rent
$529,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two independent residences offer separate kitchens, living areas, and in-unit laundry.
Where is this duplex located?
The property is located at 1341 Center Ln Naples, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 full bathroom; 1,430 square feet on a 0.2‑acre lot; Both units include a washer and dryer
