New
For Sale
$685,000
3123 Santorini Ct, Naples, FL 34119
Residential, Duplex, NAPLES, FL
Property Size1,840 SF
Price / SF$372.28
Days on Market2
Property Features for 3123 Santorini Ct
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Laundry Room, Bedroom 3, Bedroom 1, Bathroom 2, Den, Bathroom 1
Parking
2
Parking features
Driveway
Spa
1
Window features
Window Coverings
Patio and Porch features
Porch
Pool private
1
Interior features
Bar, Laundry Tub, Pantry, Smoke Detectors, Tray Ceiling(s), Window Coverings
Exterior features
Screened Lanai/Porch
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Refrigerator/Freezer, Refrigerator/Icemaker, Washer, Wine Cooler
Subdivision
SANTORINI VILLAS
Lot features
Zero Lot Line, Zero Lot Line
Standard status
Active
APN
72590004926
Size
1,840 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
SANTORINI VILLAS AT OLDE CYPRESS LOT 14
Tax Annual Amount
4826
HOA Fee
$11,300 Annually
Legal Description
SANTORINI VILLAS AT OLDE CYPRESS LOT 14
Utilities
Heating system
Electric (Heating), Central
Cooling system
Ceiling Fan(s), Electric, Central Air
Building Details
Year built
2005
Floors in Building
1
Number of units
2
Flooring type
Tile
Building materials
Concrete Block, Stucco
Roof type
Tile
Architectural style
Other
Listing Agency:
William Raveis Real Estate
(239) 231-3380
Listed By:
Matt Harrington
(941) 276-4050
Added: Oct 4
Changed: Oct 5
Last Checked: Oct 5 at 5:06PM
MLS# 226026165
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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,982
Cap Rate
3.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$499,640
$499.6K
Cap Rate 7%
$356,886
$356.9K
Cap Rate 9%
$277,578
$277.6K
Market Conditions
NOI Build-Up for 1,840 SF
Gross rent
$47.9K $26.04/SF
− Vacancy
−$2.5K −$1.35/SF
EGI
$45.4K $24.69/SF
− OpEx
−$20.4K −$11.11/SF
NOI
$25.0K $13.58/SF
Area
Collier County, FL
Vacancy
5.20%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$499,640
Cap Rate 7%
$356,886
Cap Rate 9%
$277,578
Alternative Uses
Best Use
Apartment 5plus
$356.9K
$312.3K – $416.4K
NOI $24,982 @ 7.0% cap · market cap 3.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$738.5K
$646.2K – $861.6K
NOI $51,693 @ 7.0% cap · market cap 7.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
62
Businesses Nearby
Explore this area
Business Placement
Demographics for 34119, FL
34,933
Population
18,251
Households
1.9
Avg Household Size
53
Median Age
51%
College-Educated
96%
High-School Grad
22.5 sq mi
ZIP Area
1,553
Density / Sq Mi
$109,260
Median Household Income
$53,031
Median Earnings
$1,998
Median Rent
$665,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
Where is this single family property located?
The property is located at 3123 Santorini Ct Naples, FL.
What is the asking price?
The asking price for this property is $685,000.
