Updated Lakefront Duplex
For Sale
$497,000
Pending
7050 Lone Oak Blvd, Naples, FL 34109
Residential, Duplex, NAPLES, FL
Property Size1,500 SF
Lot Size0.10 Acres
Days on Market19
Property Features for 7050 Lone Oak Blvd
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Den, Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 2, Bathroom 1, Laundry Room
Parking
2
Patio and Porch features
Porch
Interior features
Cathedral Ceiling(s), Pantry, Smoke Detectors, Walk-In Closet(s)
Exterior features
Screened Lanai/Porch
Appliances
Electric Cooktop, Dishwasher, Dryer, Microwave, Range, Refrigerator/Freezer, Refrigerator/Icemaker, Self Cleaning Oven, Washer
Subdivision
WALDEN SHORES
Lot features
Regular, Regular
View
Lake
Elementary school
PELICAN MARSH
Middle school
PINE RIDGE
High school
BARRON COLLIER
Standard status
Pending
APN
81060001204
Size
1,500 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
WALDEN SHORES LOT 56
Tax Annual Amount
2491
HOA Fee
$4,080 Annually
Legal Description
WALDEN SHORES LOT 56
Utilities
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air, Ceiling Fan(s)
Water front features
Lake
Water front
1
Amenities
community pool
walking paths
picnic areas
tennis courts
pickleball
Building Details
Year built
1996
Floors in Building
1
Number of units
2
Flooring type
Laminate, Tile
Building materials
Concrete Block, Stucco
Roof type
Tile
Architectural style
Other
Listing Agency:
Berkshire Hathaway FL Realty
(239) 659-2400
Listed By:
Nick Sadowski · License #NAPLES-249530130
(888) 534-1116
Added: Sep 7
Changed: Sep 21
Last Checked: Sep 25 at 10:06AM
MLS# 226032235
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 property in Walden Oaks includes a 1,500-square-foot residence with three bedrooms and two updated bathrooms. The interior has cathedral ceilings, newer tile and laminate flooring, a refreshed kitchen with stainless steel appliances and granite countertops, a custom California-style closet, and recently repainted rooms. A screened lanai extends from the living area and overlooks the lake, while the epoxy-finished two-car garage adds functional storage and parking. The roof was replaced with tile in 2020, and the A/C ductwork was replaced that same year.
The property is located at 7050 Lone Oak Blvd in Naples, Florida 34109. Walden Oaks provides a community pool, four lakes, walking paths, picnic areas, tennis courts, and pickleball facilities. The setting offers access to Vanderbilt Beach, Mercato, Waterside Shops, Venetian Village, and downtown Naples.
The property is located at 7050 Lone Oak Blvd in Naples, Florida 34109. Walden Oaks provides a community pool, four lakes, walking paths, picnic areas, tennis courts, and pickleball facilities. The setting offers access to Vanderbilt Beach, Mercato, Waterside Shops, Venetian Village, and downtown Naples.
Key Highlights
- 1,500‑square‑foot duplex property with 3 bedrooms and 2 bathrooms
- Lakefront setting with a screened lanai and southern exposure
- Updated kitchen with granite countertops and stainless steel appliances
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
$22,158
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
4.46%
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%
$443,160
$443.2K
Cap Rate 7%
$316,543
$316.5K
Cap Rate 9%
$246,200
$246.2K
Market Conditions
NOI Build-Up for 1,500 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
$33.3K $22.20/SF
− Vacancy
−$1.6K −$1.10/SF
EGI
$31.7K $21.10/SF
− OpEx
−$9.5K −$6.33/SF
NOI
$22.2K $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%
$443,160
Cap Rate 7%
$316,543
Cap Rate 9%
$246,200
Alternative Uses
Best Use
Multifamily LT 5
$316.5K
$277.0K – $369.3K
NOI $22,158 @ 7.0% cap · market cap 4.46%
Second Best
Apartment 5plus
$290.9K
$254.6K – $339.4K
NOI $20,366 @ 7.0% cap · market cap 4.10%
Theoretical Best
Office A
$602.0K
$526.8K – $702.4K
NOI $42,141 @ 7.0% cap · market cap 8.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
339
Businesses Nearby
Explore this area
Business Placement
Demographics for 34109, FL
26,102
Population
16,027
Households
1.6
Avg Household Size
55
Median Age
50%
College-Educated
97%
High-School Grad
12.5 sq mi
ZIP Area
2,088
Density / Sq Mi
$91,073
Median Household Income
$57,422
Median Earnings
$1,873
Median Rent
$628,700
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 interiors, a screened lanai, and community recreation amenities complement the lakefront setting.
Where is this duplex located?
The property is located at 7050 Lone Oak Blvd Naples, FL.
What is the asking price?
The asking price for this property is $497,000.
What are key features of this property?
This property features: 1,500‑square‑foot duplex property with 3 bedrooms and 2 bathrooms; Lakefront setting with a screened lanai and southern exposure; Updated kitchen with granite countertops and stainless steel appliances
