Updated Two-Unit
For Sale
$550,000
1341 Center Ln, Naples, FL 34110
Two independent residences each include in-unit laundry and a private kitchen.
Property Size1,430 SF
Price / SF$384.62
Days on Market46
Property Features for 1341 Center Ln
General Information
Standard status
Active
Size
1,430 SF
Property subtype
Residential Income
Zoning
RMF-6
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,468
Amenities
in-unit washer/dryer
large backyard
Building Details
Building Size
1,430 SF
Year Built
1970
Buildings
1
Units
2
Listing Agency:
Fast Action Realty Inc
(239) 431-5522
Listed By:
Yanely Fernandez · License #3072637
(239) 253-2286
Source:
Fastactionrealtyinc
Added: Sep 9
Changed: Oct 23
Last Checked: Oct 23 at 3:58PM
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 Fast Action Realty Inc
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Investment Insights
Based on property information with market context.
This 1,430-square-foot duplex contains two separate residences, each configured with two bedrooms, one bathroom, a living area, and a kitchen. Both units have in-unit washers and dryers. Interior updates were completed in 2024, and the property has hurricane-impact windows and doors. The roof was replaced in 2018.
The property is in North Naples, west of US-41, and is zoned RMF-6. Its outdoor area includes a large backyard.
The property is in North Naples, west of US-41, and is zoned RMF-6. Its outdoor area includes a large backyard.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- 1,430‑square‑foot duplex
- In‑unit washer and dryer in each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,124
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$422,480
$422.5K
Cap Rate 7%
$301,771
$301.8K
Cap Rate 9%
$234,711
$234.7K
Market Conditions
NOI Build-Up for 1,430 SF
Gross rent
$31.7K $22.20/SF
− Vacancy
−$1.6K −$1.10/SF
EGI
$30.2K $21.10/SF
− OpEx
−$9.1K −$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 Rate 5%
$422,480
Cap Rate 7%
$301,771
Cap Rate 9%
$234,711
Alternative Uses
Best Use
Multifamily LT 5
$301.8K
$264.1K – $352.1K
NOI $21,124 @ 7.0% cap · market cap 3.84%
Second Best
Apartment 5plus
$277.4K
$242.7K – $323.6K
NOI $19,415 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$573.9K
$502.2K – $669.6K
NOI $40,175 @ 7.0% cap · market cap 7.30%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
366
Businesses Nearby
Explore this area
Business Placement
Demographics for 34110, FL
24,093
Population
18,394
Households
1.3
Avg Household Size
63
Median Age
52%
College-Educated
96%
High-School Grad
16.0 sq mi
ZIP Area
1,506
Density / Sq Mi
$95,275
Median Household Income
$58,470
Median Earnings
$2,068
Median Rent
$529,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two independent residences each include in-unit laundry and a private kitchen.
Where is this duplex located?
The property is located at 1341 Center Ln Naples, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; 1,430‑square‑foot duplex; In‑unit washer and dryer in each residence
