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Three-Unit Medical Office Condominium
New
For Sale
$1,274,999

1090 6th Ave N # 24, Naples, FL 34102

Three storefront entrances allow the combined office to remain unified or be configured as separate units.

Property Size3,000 SF
Price / SF$424
Days on Market4

Property Features for 1090 6th Ave N # 24

General Information

Standard status Active
Size 3,000 SF
Total Parking Spaces 21

Additional Details

Condition Move-in Ready
Office Units 3
Property Use Office

Taxes and HOA fees

Annual Taxes $2,342

Amenities

No
1
Building And Land

Building Details

Year Built 1975
Stories 1
Listing Agency: A Plus Realty
Listed By: Henry MacDonald
Source: Clausenproperties
Added: Oct 30 Changed: Oct 31 Last Checked: Oct 31 at 3:26AM

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 A Plus Realty

Rey
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Investment Insights

Based on property information with market context.

This medical office condominium combines Units 1086, 1088, and 1090 into approximately 3,000 square feet of office space. The layout includes two reception areas, a central workstation, approximately ten private offices or exam rooms, four restrooms, a staff kitchen, and several storage areas. Each unit has its own storefront entrance, providing the option to use the space as one office or configure it as three units. The building dates to 1975, and the property is vacant.

Located on 6th Avenue North in Naples Comm Plaza, the property has 21 parking spaces and is minutes from Downtown Naples and Naples Community Hospital.

Key Highlights

  • Approximately 3,000 SF across Units 1086, 1088, and 1090
  • Three separate storefront entrances allow for a combined office or three individual units
  • Approximately ten private offices or exam rooms, two reception areas, and a central workstation

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$61,763
Cap Rate
4.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,235,260 $1.2M
Cap Rate 7%
$882,329 $882.3K
Cap Rate 9%
$686,256 $686.3K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$90.0K $30.00/SF
− Vacancy
−$7.7K −$2.55/SF
EGI
$82.4K $27.45/SF
− OpEx
−$20.6K −$6.86/SF
NOI
$61.8K $20.59/SF
Area
Collier County, FL
Vacancy
8.50%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,235,260
Cap Rate 7%
$882,329
Cap Rate 9%
$686,256

Alternative Uses

Best Use
Office B
$882.3K
$772.0K – $1.03M (±1% cap)
NOI $61,763 @ 7.0% cap · market cap 4.84%
Second Best
Healthcare Medical
$574.4K
$502.6K – $670.2K (±1% cap)
NOI $40,211 @ 7.0% cap · market cap 3.15%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M (±1% cap)
NOI $84,283 @ 7.0% cap · market cap 6.61%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Dr. Cordero Pediatric ... Pediatrician HCN at Cordero Pediatrics Pediatrician Dr. Sandra Milan Pediatrician Novo Piel Cream (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Catering Service Wine and Liquor Store Auto Parts Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Office units

Location Intelligence

Trade Area within ½ mile

2,643
Businesses Nearby
Balanced
Demand for This Use

Demographics for 34102, FL

10,496
Population
9,791
Households
1.1
Avg Household Size
64
Median Age
58%
College-Educated
96%
High-School Grad
5.6 sq mi
ZIP Area
1,874
Density / Sq Mi
$115,927
Median Household Income
$57,254
Median Earnings
$1,491
Median Rent
$1,422,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Similar Off Market Nearby

  • Naples Coastal Animal Hospital — 956 2nd Ave N, Naples, FL 34102
  • Dr. Sterling Sigmond — 956 2nd Ave N, Naples, FL 34102

Frequently Asked Questions

What type of property is this?
Medical Office Space - Three storefront entrances allow the combined office to remain unified or be configured as separate units.
Where is this medical office space located?
The property is located at 1090 6th Ave N # 24 Naples, FL.
What is the asking price?
The asking price for this property is $1,274,999.
What are key features of this property?
This property features: Approximately 3,000 SF across Units 1086, 1088, and 1090; Three separate storefront entrances allow for a combined office or three individual units; Approximately ten private offices or exam rooms, two reception areas, and a central workstation
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