Two-Unit Duplex with
For Sale
$599,900
1881 Danford St, Naples, FL 34112
Residential Income, 2 Story, Multi-Story Home, NAPLES, FL
Property Size1,800 SF
Price / SF$333.28
Days on Market77
Property Features for 1881 Danford St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
duplex
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 1, Bedroom 2
Spa
1
Patio and Porch features
Patio
Pets allowed
Yes
Exterior features
Boat Ramp
Fencing
Fenced
Accessibility
Accessible Approach with Ramp
Subdivision
BAYVIEW
Lot features
Across From Waterfront, Cul-De-Sac, Dead End, Across From Waterfront, Cul-De-Sac, Dead End
Standard status
Active
APN
61330520008
Size
1,800 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
NAPLES BAYVIEW LOT 17
Tax Annual Amount
2558
Legal Description
NAPLES BAYVIEW LOT 17
Utilities
Heating system
Electric (Heating), Central
Cooling system
Ceiling Fan(s), Zoned
Amenities
hot tub
lanai
balcony
Building Details
Year built
1981
Floors in Building
2
Number of units
2
Flooring type
Tile, Wood
Building materials
Concrete Block, Wood Frame, Stucco
Roof type
Shingle
Architectural style
Other
Listing Agency:
VIP Realty Group, Inc.
(239) 489-1100
Listed By:
Amy Ashby · License #249501890
(239) 470-5582
Added: Jun 22
Changed: Sep 5
Last Checked: Sep 6 at 1:06AM
MLS# 226023741
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 1,800-square-foot duplex, built in 1981, contains two distinct residences arranged across two levels. The lower unit has one bedroom and two bathrooms, with direct access to the hot tub and outdoor living areas. Upstairs, the two-bedroom, one-bath unit includes an additional sleeping den. The property also offers two lanais, a patio, fenced grounds, abundant parking, and a carport sized for boat storage. Construction includes concrete block, wood frame, and stucco, with tile and wood flooring, central electric heating, zoned cooling, and ceiling fans.
Located on Danford St in Naples, the property is zoned duplex and sits near a bayfront park with boat ramps, fishing access, a playground, and waterfront green space. The Bayshore Arts District and Sudgen Lake Regional Park are also identified nearby, with dining, entertainment, walking paths, lakes, and recreational amenities. A rear balcony provides views toward the bay and Windstar community.
Located on Danford St in Naples, the property is zoned duplex and sits near a bayfront park with boat ramps, fishing access, a playground, and waterfront green space. The Bayshore Arts District and Sudgen Lake Regional Park are also identified nearby, with dining, entertainment, walking paths, lakes, and recreational amenities. A rear balcony provides views toward the bay and Windstar community.
Key Highlights
- 1,800‑square‑foot duplex on a 1800‑square‑foot property
- Lower residence has 1 bedroom, 2 bathrooms, and hot tub access
- Upper residence includes 2 bedrooms, 1 bathroom, and a sleeping den
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
$26,590
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
4.43%
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%
$531,800
$531.8K
Cap Rate 7%
$379,857
$379.9K
Cap Rate 9%
$295,444
$295.4K
Market Conditions
NOI Build-Up for 1,800 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
$40.0K $22.20/SF
− Vacancy
−$2.0K −$1.10/SF
EGI
$38.0K $21.10/SF
− OpEx
−$11.4K −$6.33/SF
NOI
$26.6K $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%
$531,800
Cap Rate 7%
$379,857
Cap Rate 9%
$295,444
Alternative Uses
Best Use
Multifamily LT 5
$379.9K
$332.4K – $443.2K
NOI $26,590 @ 7.0% cap · market cap 4.43%
Second Best
Apartment 5plus
$349.1K
$305.5K – $407.3K
NOI $24,439 @ 7.0% cap · market cap 4.07%
Theoretical Best
Office A
$722.4K
$632.1K – $842.8K
NOI $50,570 @ 7.0% cap · market cap 8.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
111
Businesses Nearby
Explore this area
Business Placement
Demographics for 34112, FL
26,625
Population
20,626
Households
1.3
Avg Household Size
60
Median Age
35%
College-Educated
91%
High-School Grad
14.8 sq mi
ZIP Area
1,799
Density / Sq Mi
$68,838
Median Household Income
$34,300
Median Earnings
$1,529
Median Rent
$293,000
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 - Separate lower- and upper-level residences provide flexible living and rental configurations.
Where is this duplex located?
The property is located at 1881 Danford St Naples, FL.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 1,800‑square‑foot duplex on a 1800‑square‑foot property; Lower residence has 1 bedroom, 2 bathrooms, and hot tub access; Upper residence includes 2 bedrooms, 1 bathroom, and a sleeping den
