Tile-Finished Duplex with
For Sale
$295,000
4133 Lakewood Blvd, Naples, FL 34112
Residential, Corner, Duplex, End-Unit, NAPLES, FL
Property Size1,278 SF
Price / SF$230.83
Days on Market44
Property Features for 4133 Lakewood Blvd
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Family Room, Bathroom 1, Bedroom 1, Laundry Room, Bathroom 2
Parking
1
Parking features
Driveway
Window features
Window Coverings
Interior features
Built-In Cabinets, Closet Cabinets, Window Coverings
Appliances
Dishwasher, Disposal, Dryer, Range, Refrigerator, Refrigerator/Freezer, Washer
Subdivision
LAKEWOOD VILLAS
Lot features
Zero Lot Line, Zero Lot Line
Standard status
Active
APN
54101080001
Size
1,278 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
LAKEWOOD UNIT I A PORT OF BLK E NKA LAKEWOOD VILLAS II (HO) LOT E-27
Tax Annual Amount
996
HOA Fee
$2,540 Annually
Legal Description
LAKEWOOD UNIT I A PORT OF BLK E NKA LAKEWOOD VILLAS II (HO) LOT E-27
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Electric, Ceiling Fan(s), Central Air
Amenities
lanai
golf
Building Details
Year built
1976
Floors in Building
1
Number of units
2
Flooring type
Tile, Laminate
Building materials
Concrete Block, Stucco
Roof type
Shingle
Architectural style
Other
Listing Agency:
Downing Frye Realty Inc.
(239) 261-2244
Listed By:
James Kux · License #NAPLES-249518110
(239) 370-1004
Added: Jul 27
Changed: Sep 5
Last Checked: Sep 8 at 1:06PM
MLS# 226027770
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 in Naples offers 1,278 square feet with two bedrooms and two bathrooms. Tile and laminate flooring extend throughout the residence, while the kitchen and bathrooms have been upgraded. The layout includes a family room, dedicated laundry room, built-in cabinetry, closet storage, and window coverings. A central electric HVAC system provides heating and cooling, and the home includes a one-car attached garage, driveway parking, and a shingle roof.
Outdoor living is supported by a large enclosed lanai and a grassed yard. The property is located at 4133 Lakewood Blvd in the Lakewood community, with access to US 41, I-75, Naples beaches, Fifth Avenue shopping, and supermarkets. Community amenities include golf.
Outdoor living is supported by a large enclosed lanai and a grassed yard. The property is located at 4133 Lakewood Blvd in the Lakewood community, with access to US 41, I-75, Naples beaches, Fifth Avenue shopping, and supermarkets. Community amenities include golf.
Key Highlights
- 1,278 SF duplex with two bedrooms and two bathrooms
- Tile and laminate flooring throughout the residence
- Upgraded kitchen and bathrooms
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
$18,879
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
6.40%
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%
$377,580
$377.6K
Cap Rate 7%
$269,700
$269.7K
Cap Rate 9%
$209,767
$209.8K
Market Conditions
NOI Build-Up for 1,278 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
$28.4K $22.20/SF
− Vacancy
−$1.4K −$1.10/SF
EGI
$27.0K $21.10/SF
− OpEx
−$8.1K −$6.33/SF
NOI
$18.9K $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%
$377,580
Cap Rate 7%
$269,700
Cap Rate 9%
$209,767
Alternative Uses
Best Use
Multifamily LT 5
$269.7K
$236.0K – $314.7K
NOI $18,879 @ 7.0% cap · market cap 6.40%
Second Best
Apartment 5plus
$247.9K
$216.9K – $289.2K
NOI $17,352 @ 7.0% cap · market cap 5.88%
Theoretical Best
Office A
$512.9K
$448.8K – $598.4K
NOI $35,904 @ 7.0% cap · market cap 12.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
679
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 - Two-bedroom, two-bath duplex with an attached garage, enclosed lanai, and broad grassed yard in the Lakewood community.
Where is this duplex located?
The property is located at 4133 Lakewood Blvd Naples, FL.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 1,278 SF duplex with two bedrooms and two bathrooms; Tile and laminate flooring throughout the residence; Upgraded kitchen and bathrooms
