Waterfront Commercial
1001 10th Ave S Naples, FL 34102
For Sale
Contact for pricing
Commercial condo offering waterfront views overlooking Naples Bay and the Olde Naples Seaport.
Property Size754 SF
Price / SF$729.44
Days on Market159
Property Features for 1001 10th Ave S
General Information
- Standard status
- Active
- Size
- 754 SF
- Property subtype
- Office
Listing Agency:
Investment Properties Corporation of Naples
Listed By:
Tara Stokes · License #FL 3271221
Source:
Crexi
Added: Feb 16
Changed: Jul 23
Last Checked: Jul 24 at 6:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Investment Properties Corporation of Naples
Investment Insights
Based on property information with market context.
Rare waterfront commercial condominium located at 1001 10th Ave S in Naples, Florida, overlooking Naples Bay and the Olde Naples Seaport. The property is positioned to take advantage of its direct waterfront perspective.
The condominium’s setting places it in the downtown Naples area with immediate proximity to Fifth Avenue South and area marinas, supporting convenient access to the seaport and surrounding destinations.
The condominium’s setting places it in the downtown Naples area with immediate proximity to Fifth Avenue South and area marinas, supporting convenient access to the seaport and surrounding destinations.
Key Highlights
- Commercial condominium with waterfront views overlooking Naples Bay and the Olde Naples Seaport
- Located in downtown Naples with immediate proximity to Fifth Avenue South
Financial Insights For Office B
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 | $22.6k | $30.00 |
| − Vacancy | −$1.9k | −$2.55 |
| EGI | $20.7k | $27.45 |
| − OpEx | −$5.2k | −$6.86 |
| NOI | $15.5k | $20.59 |
754 SF · lease $30.00/SF/yr · vacancy 8.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$221.8K
$194.0K – $258.7K
NOI $15,523 @ 7.0% cap · market cap 2.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$302.6K
$264.8K – $353.1K
NOI $21,183 @ 7.0% cap · market cap 3.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bayview Dental Arts: ...
Dental Office
Bayview Dental Arts: ...
Dental Office
BayView Dental Arts: ...
Dental Office
Pentwater Capital Management
Financial Advisor
Olde Naples Boat ...
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Office units - Commercial condo offering waterfront views overlooking Naples Bay and the Olde Naples Seaport.
Where is this office units located?
The property is located at 1001 10th Ave S Naples, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Commercial condominium with waterfront views overlooking Naples Bay and the Olde Naples Seaport; Located in downtown Naples with immediate proximity to Fifth Avenue South
