5395 Carolina Ave, Naples, FL 34113
MULTI_FAMILY - Ranch - NAPLES, FL
- Added:
- Aug 12, 2025
- Days on Market:
- 316
- Last Refresh:
- Jun 23 at 10:06 pm
Property Features for 5395 Carolina Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Zoning
- RSF-4
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 4, Bedroom 5, Bathroom 2, Bathroom 1, Bedroom 2
- Standard status
- Active
- APN
- 62205400003
- Size
- 2,736 SF
- Lot size
- 0.27 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- NAPLES MANOR EXT BLK 7 LOT 27
- Tax Annual Amount
- 3717
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 1969
- Number of units
- 3
- Flooring type
- Tile
- Building materials
- Concrete Block, Stucco
- Roof type
- Shingle
- Architectural style
- Ranch
Listing agent Jose Spinatto (239) 537-7321
Listing office Mato Realty, LLC 7795 Davis Blvd #103, Naples, FL (239) 259-6286
Listing date Aug 12, 2025
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.
HighLights
- Naples Manor triplex with 4 bedrooms and 4 baths
- Central heating and central air conditioning with electric heating
- Tile flooring throughout
- Concrete block and stucco construction with shingle roof
- Large driveway and rear shed on site
- Central water and sewer
Overview
Located at 5395 Carolina Ave in Naples, the home is described as having convenient access to Downtown Naples and Marco Island. The property sits on a 0.27-acre lot and is zoned RSF-4, aligning with single-family residential zoning parameters.
For owner-occupants or investors seeking a smaller multifamily option, this triplex format can appeal to buyers looking for more than one unit under a single roof. The combination of central utilities, a usable driveway, and onsite storage provides functional basics for tenant appeal and ongoing management. Prospective buyers should verify unit configuration and zoning requirements with Collier County and review the property details during their due diligence process.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $60.7k | $22.20 |
| − Vacancy | −$3.0k | −$1.10 |
| EGI | $57.7k | $21.10 |
| − OpEx | −$17.3k | −$6.33 |
| NOI | $40.4k | $14.77 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Naples
- County
- Collier
- State
- Florida
- Longitude
- -81.7256329
- Latitude
- 26.092914
