Golf Course Condo with
160 Turtle Lake Court 111 Naples, FL 34105
160 Turtle Lake Court 111, Naples, FL, 34105
$285,000
For Sale
$285,000
First-floor condo with golf course views and community amenities.
Property Size842 SF
Price / SF$338.48
Days on Market552
Property Features for 160 Turtle Lake Court 111
General Information
- Standard status
- Active
- Size
- 842 SF
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1977
Listing Agency
Premiere Plus Realty Company
(239) 269-7653
Listed by
Eliane Potter · License #249511695
(239) 269-7653
Source
Exitrealty
Added: Jan 11, 2025 Checked: Jul 17 at 4:53 am
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 Premiere Plus Realty Company
Investment Insights
Based on property information with market context.
This first-floor condominium features 2 bedrooms and 2 bathrooms. The property includes tile and laminate flooring throughout. Situated on a golf course, the location offers access to community amenities. These amenities include a basketball court, tennis and pickleball courts, a clubhouse, a pool, a sauna, a bocce court, a library, and an exercise room. The property is located within a school zone. The property size is 842 square feet.
Key Highlights
- First‑floor condominium featuring 2 bedrooms and 2 bathrooms.
- Located on a picturesque golf course.
- Active community with abundant amenities: basketball, tennis, pickleball courts, clubhouse, pool, sauna, bocce court, library, and exercise room.
Local Financial Insights For Apartment 5plus
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 | $21.9k | $26.04 |
| − Vacancy | −$1.1k | −$1.35 |
| EGI | $20.8k | $24.69 |
| − OpEx | −$9.4k | −$11.11 |
| NOI | $11.4k | $13.58 |
842 SF · lease $26.04/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$163.3K
$142.9K – $190.5K
NOI $11,432 @ 7.0% cap · market cap 4.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$337.9K
$295.7K – $394.3K
NOI $23,655 @ 7.0% cap · market cap 8.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Birding Tours Paz ...
Travel Agency
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FAQs
What type of property is this?
Residential income property - First-floor condo with golf course views and community amenities.
Where is this residential income property located?
The property is located at 160 Turtle Lake Court 111 Naples, FL.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: First‑floor condominium featuring 2 bedrooms and 2 bathrooms.; Located on a picturesque golf course.; Active community with abundant amenities: basketball, tennis, pickleball courts, clubhouse, pool, sauna, bocce court, library, and exercise room.
