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    Waterfront RV Resort Lot with Dock Title is generated by Realmo AI

    13403 Snook Circle, Naples, FL 34114

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    For Sale
    $875,000

    Build your motorcoach lifestyle on a waterfront lot with a private dock and casita in a Class A-only resort.

    Type:Land
    Added:
    Feb 23, 2024
    Days on Market:
    834
    Last Refresh:
    Jun 5 at 1:48 am

    Property Features for 13403 Snook Circle

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Rosa Byrnes-Warfsman

    Listing agent Rosa Byrnes-Warfsman

    Listing office Berkshire Hathaway FL Realty

    Listing date Feb 23, 2024

    Source Johnrwood

    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 Berkshire Hathaway FL Realty

    HighLights

    • Lot 25 includes a private, oversized dock on a canal with indirect Gulf access.
    • Casita features include a living room with a space‑saving murphy bed, kitchen, bathroom, soaring ceilings, storage, and plantation shutters.
    • Oversized glass doors and bright windows support indoor‑outdoor living with tropical views.
    • Private outdoor tiki hut and an additional outdoor dining area on the paver pathway to the dock.
    • Naples Motorcoach Resort is Class‑A‑only and includes a community boat ramp for easy boat launch.
    • Resort amenities: infinity pool, hot spa, fitness center, men’s & ladies’ saunas; plus two satellite pools (each with hot spa, restrooms, and laundry) and a dedicated dog park.

    Overview

    This offering is Lot 25 at Naples Motorcoach Resort, featuring a private waterfront setting with a private dock on a canal with indirect Gulf access. The property includes a casita with a living area that incorporates a space-saving murphy bed, a well-equipped kitchen, an elegant bathroom, soaring ceilings, built-in storage, and bright windows with plantation shutters. Oversized glass doors open to indoor-outdoor living, supported by an outdoor dining area and a tiki hut for casual mornings and gatherings.

    The lot is within the Naples Motorcoach Resort, described as a Class A-only, luxury community. Resort amenities listed include an infinity pool overlooking a lake and fountain, a hot spa, fitness center, men’s and ladies’ saunas, and a community kitchen and clubhouse for events. Additional conveniences include two satellite pools with hot spas, restrooms, and laundry, along with a dedicated dog park for travelers.

    For buyers seeking a waterfront base in a motorcoach-focused, amenity-rich resort, this lot provides a residence-style casita and an on-site dock for water access from the canal. The community also includes a boat ramp for launching directly to the dock, supporting day-to-day use for boating and relaxing on the water.
    Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Naples
    County
    Collier
    State
    Florida
    Longitude
    -81.6907751
    Latitude
    26.0543219

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    FAQs

    What type of property is this?
    Mobile home & RV park - Build your motorcoach lifestyle on a waterfront lot with a private dock and casita in a Class A-only resort.
    Where is this mobile home & rv park located?
    The property is located at 13403 Snook Circle Naples, FL.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: Lot 25 includes a private, oversized dock on a canal with indirect Gulf access.; Casita features include a living room with a space‑saving murphy bed, kitchen, bathroom, soaring ceilings, storage, and plantation shutters.; Oversized glass doors and bright windows support indoor‑outdoor living with tropical views.
    We can help!
    Listing Contact
    Rosa Byrnes-Warfsman
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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