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For sale
Residential income properties
FL
Naples
34120
10337 Heritage Bay Boulevard 1816

Heritage Bay First-Floor Condo

10337 Heritage Bay Boulevard 1816 Naples, FL 34120

10337 Heritage Bay Boulevard 1816, Naples, FL, 34120

$379,000

For Sale

$379,000

Luxury first-floor condo with golf course views in Heritage Bay.

Property Size1,232 SF

Price / SF$307.63

AddedFeb 21, 2025

Days on Market510

Last RefreshJul 16 at 3:08 am

Property Features for 10337 Heritage Bay Boulevard 1816

General Information

Standard status: Active
Size: 1,232 SF
Property subtype: Condo/Townhome

Building Details

Year Built: 2010

Listing office Realty One Group MVP

Listing date Feb 21, 2025

Source Exitrealty

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 Realty One Group MVP

Investment Insights

Based on property information with market context.

This first-floor condominium in Terrace VII at Heritage Bay offers a blend of comfort, style, and convenience with seamless access and no stairs. The interior features an arched entryway, crown molding, and hardwood floors. Natural sunlight fills the space through large sliders and windows. The gourmet kitchen includes white cabinetry, granite countertops, a custom tile backsplash, stainless steel appliances, and a breakfast bar. A bay window in the dining nook offers views of the lanai, freshwater lake, and golf course. The primary suite is designed for relaxation and includes generous cabinet storage and an easy step-in shower. Upgraded lighting is featured throughout, including new lighting in the kitchen and coffee bar. The covered and screened tiled lanai, complete with no-see-um screens, is suited for enjoying Southwest Florida breezes. Additional features include a new ceiling fan in the living room, new floating wood floors, and a new water heater. Dedicated covered parking is included. Heritage Bay offers access to a community clubhouse, resort-style pool and spa, lap pool, fitness center, pickleball, bocce ball, tennis courts, a sauna, and an on-site restaurant. The championship golf course provides scenery and an exceptional playing experience. Located a short drive from Naples' dining and shopping on 5th Avenue and Mercato, beaches, local parks, and theaters, this property offers a retreat in paradise. The property size is 1232 square feet.

Key Highlights

Highly desirable first‑floor condo in Heritage Bay with no stairs.
Gourmet kitchen featuring white cabinetry, granite countertops, custom tile backsplash, and stainless steel appliances.
Breathtaking views of the lanai, freshwater lake, and golf course.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$32.1k	$26.04
− Vacancy	−$1.7k	−$1.35
EGI	$30.4k	$24.69
− OpEx	−$13.7k	−$11.11
NOI	$16.7k	$13.58

1,232 SF · lease $26.04/SF/yr · vacancy 5.20% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$239.0K

$209.1K – $278.8K (±1% cap)

NOI $16,727 @ 7.0% cap · market cap 4.41%

Second Best

—

no second resolved use

Theoretical Best

Office A

$494.5K

$432.7K – $576.9K (±1% cap)

NOI $34,612 @ 7.0% cap · market cap 9.13%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential income properties

Suggested Use

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For sale
Residential income properties
FL
Naples
34120
10337 Heritage Bay Boulevard 1816

What type of property is this?

Residential income property - Luxury first-floor condo with golf course views in Heritage Bay.

Where is this residential income property located?

The property is located at 10337 Heritage Bay Boulevard 1816 Naples, FL.

What is the asking price?

The asking price for this property is $379,000.

What are key features of this property?

This property features: Highly desirable first‑floor condo in Heritage Bay with no stairs.; Gourmet kitchen featuring white cabinetry, granite countertops, custom tile backsplash, and stainless steel appliances.; Breathtaking views of the lanai, freshwater lake, and golf course.