2023-Built Duplex
For Sale
$360,000
6238 Revelry Ct, Ave Maria, FL 34142
Residential, Duplex, AVE MARIA, FL
Property Size1,533 SF
Price / SF$234.83
Days on Market12
Property Features for 6238 Revelry Ct
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Den, Bedroom 1, Bathroom 1, Bedroom 2
Parking
2
Parking features
Driveway
Patio and Porch features
Porch
Interior features
Built-In Cabinets
Exterior features
Screened Lanai/Porch, Tennis Court(s)
Appliances
Electric Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Refrigerator/Icemaker, Self Cleaning Oven, Washer
Subdivision
DEL WEBB
Lot features
Cul-De-Sac, Cul-De-Sac
View
Lake
Standard status
Active
APN
29817015243
Size
1,533 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
DEL WEBB NAPLES PARCELS 209-212 BLOCK 211 LOT 28
Tax Annual Amount
6335
HOA Fee
$7,364 Annually
Legal Description
DEL WEBB NAPLES PARCELS 209-212 BLOCK 211 LOT 28
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric, Ceiling Fan(s)
Water front features
Lake
Water front
1
Amenities
18-hole championship golf course
resort pool
state-of-the-art fitness center
billiards
library
golf simulator
fire pit
outdoor amphitheater
Building Details
Year built
2023
Floors in Building
1
Number of units
2
Flooring type
Tile
Building materials
Concrete Block, Stucco
Roof type
Shingle
Architectural style
Other
Listing Agency:
DomainRealty.com LLC
(239) 301-4301
Listed By:
Jennifer Rouwhorst
(239) 297-3137
Added: Sep 15
Changed: Sep 17
Last Checked: Sep 26 at 4:06PM
MLS# 226033226
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.
Built in 2023, this residential duplex property offers 1,533 square feet with two bedrooms, a den, and two bathrooms. The interior includes an open kitchen and living arrangement, quartz countertops, tile flooring, built-in cabinetry, upgraded lighting, designer window treatments, and custom closet systems. The primary suite has dual vanities and a walk-in shower, while the second bedroom area includes a private bath with a walk-in shower. A screened lanai extends the living space toward the lake, and the property includes a driveway, porch, electric appliances, central cooling, and electric heating.
Located in Ave Maria, the residence is within Del Webb Naples, a 55+ community with an 18-hole golf course, resort pool, fitness center, billiards, library, golf simulator, fire pit, outdoor amphitheater, tennis courts, and organized social activities. Ave Maria's town center provides restaurants, shops, parks, farmers markets, and live music within a short golf-cart ride.
Located in Ave Maria, the residence is within Del Webb Naples, a 55+ community with an 18-hole golf course, resort pool, fitness center, billiards, library, golf simulator, fire pit, outdoor amphitheater, tennis courts, and organized social activities. Ave Maria's town center provides restaurants, shops, parks, farmers markets, and live music within a short golf-cart ride.
Key Highlights
- 2023 construction with 1,533 square feet of living area
- Two bedrooms, a den, and two bathrooms
- Screened lanai overlooking a lake
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
$22,646
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
6.29%
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%
$452,920
$452.9K
Cap Rate 7%
$323,514
$323.5K
Cap Rate 9%
$251,622
$251.6K
Market Conditions
NOI Build-Up for 1,533 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
$34.0K $22.20/SF
− Vacancy
−$1.7K −$1.10/SF
EGI
$32.4K $21.10/SF
− OpEx
−$9.7K −$6.33/SF
NOI
$22.6K $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%
$452,920
Cap Rate 7%
$323,514
Cap Rate 9%
$251,622
Alternative Uses
Best Use
Multifamily LT 5
$323.5K
$283.1K – $377.4K
NOI $22,646 @ 7.0% cap · market cap 6.29%
Second Best
Apartment 5plus
$297.3K
$260.2K – $346.9K
NOI $20,814 @ 7.0% cap · market cap 5.78%
Theoretical Best
Office A
$615.3K
$538.4K – $717.8K
NOI $43,068 @ 7.0% cap · market cap 11.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
26
Businesses Nearby
Explore this area
Business Placement
Demographics for 34142, FL
31,327
Population
10,002
Households
3.1
Avg Household Size
30
Median Age
15%
College-Educated
63%
High-School Grad
625.9 sq mi
ZIP Area
50
Density / Sq Mi
$57,656
Median Household Income
$27,809
Median Earnings
$989
Median Rent
$296,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Updated residential property with an open layout, den, screened lanai, and lake outlook.
Where is this duplex located?
The property is located at 6238 Revelry Ct Ave Maria, FL.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: 2023 construction with 1,533 square feet of living area; Two bedrooms, a den, and two bathrooms; Screened lanai overlooking a lake
