Spanish-Style Duplex
For Sale
$550,000
15206 Storrington Pl, Naples, FL 34110
Residential, Duplex, End-Unit, Spanish, NAPLES, FL
Property Size1,777 SF
Price / SF$309.51
Days on Market192
Property Features for 15206 Storrington Pl
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Den, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1, Laundry Room
Parking
2
Parking features
Driveway
Window features
Window Coverings
Patio and Porch features
Porch
Interior features
Cathedral Ceiling(s), Laundry Tub, Walk-In Closet(s), Window Coverings
Exterior features
Screened Lanai/Porch
Appliances
Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Washer
Subdivision
STORRINGTON PLACE
Lot features
Regular, Regular
Standard status
Active
APN
74940000620
Size
1,777 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
STORRINGTON PLACE A CONDOMINIUM BLDG K-100
Tax Annual Amount
4695
HOA Fee
$11,504 Annually
Legal Description
STORRINGTON PLACE A CONDOMINIUM BLDG K-100
Utilities
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric, Ceiling Fan(s)
Amenities
hurricane-impact doors and windows
home security system
fitness center
library
pickleball courts
tennis courts
bocce courts
paved trails
boardwalk
tiki hut
paddle-sport launch
pier
lakeside pool
Building Details
Year built
1994
Floors in Building
1
Number of units
2
Flooring type
Tile
Building materials
Concrete Block, Stucco
Roof type
Tile
Architectural style
Spanish
Listing Agency:
Realty One Group MVP
(800) 896-8790
Listed By:
Marta VanderStarre
(305) 731-6403
Added: Feb 25
Changed: Aug 24
Last Checked: Sep 5 at 6:06AM
MLS# 226008898
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 1,777-square-foot attached villa in the Bay Forest community combines a two-bedroom layout with a den, vaulted ceilings, and a screened lanai exceeding 400 square feet. The interior includes an eat-in kitchen with granite counters, stainless steel appliances, and pantry storage. The primary suite has lanai access, a walk-in closet, dual sinks, and separate tub and shower areas. A second bedroom includes a full bath, while the den has double doors for privacy. The home also provides an expanded laundry room with tub and a two-car garage.
Hurricane-impact doors and windows are installed throughout, and a home security system is included. Community amenities include a clubhouse, lakeside pool, fitness center, library, pickleball, tennis, bocce courts, more than 2 miles of paved trails, and a preserve boardwalk leading to the back bay. The property is located at 15206 Storrington Pl in Naples, Florida, near North Naples and Bonita Springs shopping and restaurants, as well as Barefoot and Delnor-Wiggins beaches.
Hurricane-impact doors and windows are installed throughout, and a home security system is included. Community amenities include a clubhouse, lakeside pool, fitness center, library, pickleball, tennis, bocce courts, more than 2 miles of paved trails, and a preserve boardwalk leading to the back bay. The property is located at 15206 Storrington Pl in Naples, Florida, near North Naples and Bonita Springs shopping and restaurants, as well as Barefoot and Delnor-Wiggins beaches.
Key Highlights
- 1,777‑square‑foot attached villa with two bedrooms plus a den
- Screened lanai exceeding 400 square feet
- Hurricane‑impact doors and windows throughout
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
$26,250
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
4.77%
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%
$525,000
$525.0K
Cap Rate 7%
$375,000
$375.0K
Cap Rate 9%
$291,667
$291.7K
Market Conditions
NOI Build-Up for 1,777 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
$39.4K $22.20/SF
− Vacancy
−$1.9K −$1.10/SF
EGI
$37.5K $21.10/SF
− OpEx
−$11.3K −$6.33/SF
NOI
$26.3K $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%
$525,000
Cap Rate 7%
$375,000
Cap Rate 9%
$291,667
Alternative Uses
Best Use
Multifamily LT 5
$375.0K
$328.1K – $437.5K
NOI $26,250 @ 7.0% cap · market cap 4.77%
Second Best
Apartment 5plus
$344.7K
$301.6K – $402.1K
NOI $24,127 @ 7.0% cap · market cap 4.39%
Theoretical Best
Office A
$713.2K
$624.0K – $832.1K
NOI $49,923 @ 7.0% cap · market cap 9.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
124
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Attached villa offers two bedrooms plus a den, screened outdoor living, and a two-car garage.
Where is this duplex located?
The property is located at 15206 Storrington Pl 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: 1,777‑square‑foot attached villa with two bedrooms plus a den; Screened lanai exceeding 400 square feet; Hurricane‑impact doors and windows throughout
