Duplex with Golf
For Sale
$390,000
Pending
1040 Marblehead Dr, Naples, FL 34104
Residential, Duplex, NAPLES, FL
Property Size1,427 SF
Lot Size0.07 Acres
Days on Market50
Property Features for 1040 Marblehead Dr
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Laundry Room, Bedroom 1, Bathroom 2, Den, Bedroom 2, Bathroom 1
Parking
2
Parking features
Driveway
Window features
Window Coverings
Patio and Porch features
Porch
Interior features
Smoke Detectors, Volume Ceiling, Walk-In Closet(s), Window Coverings
Exterior features
Screened Lanai/Porch
Appliances
Electric Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Freezer, Washer
Subdivision
MONTCLAIR PARK VILLAS
View
Lake, Golf Course
Elementary school
CALUSA PARK ELEMENTARY
Middle school
EAST NAPLES MIDDLE
High school
LELY HIGH SCHOOL
Standard status
Pending
APN
60530002806
Size
1,427 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
MONTCLAIR PARK BLK N LOT 2 NKA UNIT N-2, MONTCLAIR PARK (HO)
Tax Annual Amount
1923
HOA Fee
$14,387 Annually
Legal Description
MONTCLAIR PARK BLK N LOT 2 NKA UNIT N-2, MONTCLAIR PARK (HO)
Utilities
Heating system
Electric (Heating), Central
Cooling system
Ceiling Fan(s), Central Air, Electric
Water front features
Lake
Water front
1
Amenities
screened lanai
Building Details
Year built
1991
Floors in Building
1
Number of units
2
Flooring type
Tile, Laminate
Building materials
Concrete Block, Stucco
Roof type
Tile
Architectural style
Other
Listing Agency:
Paradise Coast Property Team
(239) 529-2441
Listed By:
Christel Johnson
(239) 403-7777
Added: Jul 16
Changed: Aug 31
Last Checked: Sep 3 at 5:06PM
MLS# 226025168
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 attached duplex villa offers 1,427 square feet with two bedrooms, two full bathrooms, and a den that can serve as an office or flexible living area. The interior has been freshly painted, including the doors and trim, and includes volume ceilings, walk-in closets, window coverings, tile and laminate flooring, and a dedicated laundry room. Central air, electric heating, and a full appliance package support everyday use. A screened lanai overlooks the lake and golf course, while the attached two-car garage provides parking and storage.
The property is located within Glen Eagle Golf & Country Club and includes a Full Golf Membership with access to the club's golf and community amenities. The address is near Old Naples, with dining, shopping, galleries, entertainment, and Gulf beaches in the surrounding area.
The property is located within Glen Eagle Golf & Country Club and includes a Full Golf Membership with access to the club's golf and community amenities. The address is near Old Naples, with dining, shopping, galleries, entertainment, and Gulf beaches in the surrounding area.
Key Highlights
- 1,427‑square‑foot attached duplex villa
- Two bedrooms, two full bathrooms, and a den
- Full Golf Membership at Glen Eagle Golf & Country Club
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
$21,080
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
5.41%
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%
$421,600
$421.6K
Cap Rate 7%
$301,143
$301.1K
Cap Rate 9%
$234,222
$234.2K
Market Conditions
NOI Build-Up for 1,427 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
$31.7K $22.20/SF
− Vacancy
−$1.6K −$1.10/SF
EGI
$30.1K $21.10/SF
− OpEx
−$9.0K −$6.33/SF
NOI
$21.1K $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%
$421,600
Cap Rate 7%
$301,143
Cap Rate 9%
$234,222
Alternative Uses
Best Use
Multifamily LT 5
$301.1K
$263.5K – $351.3K
NOI $21,080 @ 7.0% cap · market cap 5.41%
Second Best
Apartment 5plus
$276.8K
$242.2K – $322.9K
NOI $19,375 @ 7.0% cap · market cap 4.97%
Theoretical Best
Office A
$572.7K
$501.1K – $668.2K
NOI $40,090 @ 7.0% cap · market cap 10.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
250
Businesses Nearby
Explore this area
Business Placement
Demographics for 34104, FL
25,485
Population
16,062
Households
1.6
Avg Household Size
53
Median Age
33%
College-Educated
91%
High-School Grad
9.9 sq mi
ZIP Area
2,574
Density / Sq Mi
$70,301
Median Household Income
$40,680
Median Earnings
$1,742
Median Rent
$348,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Attached villa with a den, screened lanai, lake views, and a two-car garage in Glen Eagle Golf & Country Club.
Where is this duplex located?
The property is located at 1040 Marblehead Dr Naples, FL.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: 1,427‑square‑foot attached duplex villa; Two bedrooms, two full bathrooms, and a den; Full Golf Membership at Glen Eagle Golf & Country Club
