Residential Income Property with
For Sale
$275,900
1380 Sweetwater Cv, Naples, FL 34110
Residential, Duplex, NAPLES, FL
Property Size1,279 SF
Price / SF$215.72
Days on Market277
Property Features for 1380 Sweetwater Cv
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Laundry Room, Bathroom 2, Den, Bedroom 1, Bathroom 1
Parking
1
Parking features
Assigned, Guest, Carport
Window features
Window Coverings
Interior features
Fire Sprinkler, Pantry, Smoke Detectors, Walk-In Closet(s), Window Coverings
Appliances
Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Self Cleaning Oven, Washer
Subdivision
SWEETWATER BAY
Lot features
Zero Lot Line, Zero Lot Line
Standard status
Active
APN
76270022046
Size
1,279 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
SWEETWATER BAY IX AT STERLING OAKS A CONDOMINIUM BLDG 30-102
Tax Annual Amount
2383
HOA Fee
$11,728 Annually
Legal Description
SWEETWATER BAY IX AT STERLING OAKS A CONDOMINIUM BLDG 30-102
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Amenities
gated community
Junior Olympic heated pool
hot tub
TIKI bar
clubhouse
fitness center
sauna
cabana bar
bocce courts
pickleball courts
Building Details
Year built
2006
Floors in Building
1
Number of units
8
Flooring type
Vinyl
Building materials
Concrete Block, Stucco
Roof type
Tile
Architectural style
Other
Listing Agency:
DomainRealty.com LLC
(239) 301-4301
Listed By:
Rose Krause
(239) 207-9892
Added: Jan 15
Changed: Oct 19
Last Checked: Oct 19 at 11:06PM
MLS# 226002458
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.
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Investment Insights
Based on property information with market context.
This first-floor residential property offers 1,279 square feet with two bedrooms, a den, two bathrooms and a laundry room. Vinyl flooring runs throughout, and the kitchen has granite counters and raised-panel cabinetry. Additional features include a lanai with brick pavers, a storage closet, hurricane shutters and a carport outside the entrance. The 2006-built home has central air conditioning, with a new A/C installed in May 2024, and is located in a gated community.
Community amenities include a heated junior Olympic pool, hot tub, fitness center, clubhouse with a bar and restaurant, and a cabana bar. Residents can also use bocce and pickleball courts; tennis access is available through an optional membership that includes 12 clay courts, lessons and clinics with a USTA teaching pro. The lanai overlooks a lawn and tree canopy, and the property is in an X500 flood zone.
Community amenities include a heated junior Olympic pool, hot tub, fitness center, clubhouse with a bar and restaurant, and a cabana bar. Residents can also use bocce and pickleball courts; tennis access is available through an optional membership that includes 12 clay courts, lessons and clinics with a USTA teaching pro. The lanai overlooks a lawn and tree canopy, and the property is in an X500 flood zone.
Key Highlights
- 1,279 square feet with two bedrooms, a den and two bathrooms
- First‑floor layout with vinyl flooring throughout
- New A/C installed May 2024
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,365
Cap Rate
6.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,300
$347.3K
Cap Rate 7%
$248,071
$248.1K
Cap Rate 9%
$192,944
$192.9K
Market Conditions
NOI Build-Up for 1,279 SF
Gross rent
$33.3K $26.04/SF
− Vacancy
−$1.7K −$1.35/SF
EGI
$31.6K $24.69/SF
− OpEx
−$14.2K −$11.11/SF
NOI
$17.4K $13.58/SF
Area
Collier County, FL
Vacancy
5.20%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,300
Cap Rate 7%
$248,071
Cap Rate 9%
$192,944
Alternative Uses
Best Use
Apartment 5plus
$248.1K
$217.1K – $289.4K
NOI $17,365 @ 7.0% cap · market cap 6.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$513.3K
$449.2K – $598.9K
NOI $35,932 @ 7.0% cap · market cap 13.02%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
341
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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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Residential income property - The first-floor home combines two bedrooms and a den with vinyl flooring and a nearby carport.
Where is this residential income property located?
The property is located at 1380 Sweetwater Cv Naples, FL.
What is the asking price?
The asking price for this property is $275,900.
What are key features of this property?
This property features: 1,279 square feet with two bedrooms, a den and two bathrooms; First‑floor layout with vinyl flooring throughout; New A/C installed May 2024
