End-Unit Duplex with Lake
For Sale
$439,900
1403 Oceania Dr S, Naples, FL 34113
Residential, Duplex, NAPLES, FL
Property Size1,544 SF
Lot Size0.11 Acres
Price / SF$284.91
Days on Market460
Property Features for 1403 Oceania Dr S
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Laundry Room, Bedroom 2, Bedroom 1, Bathroom 2, Den
Parking
2
Parking features
Driveway
Patio and Porch features
Porch
Interior features
Smoke Detectors
Exterior features
Screened Lanai/Porch
Appliances
Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Washer
Subdivision
ARTESIA
Lot features
Corner Lot, Corner Lot
View
Lake
Standard status
Active
APN
22435014144
Size
1,544 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
ARTESIA NAPLES PHASE 3 LOT 361
Tax Annual Amount
3126
HOA Fee
$4,368 Annually
Legal Description
ARTESIA NAPLES PHASE 3 LOT 361
Utilities
Heating system
Electric (Heating), Central
Cooling system
Central Air, Ceiling Fan(s), Electric
Water front features
Lake
Water front
1
Amenities
heated pool
movie theatre
fitness center
community kitchen/dining area
library
meeting rooms
Pickleball courts
Building Details
Year built
2017
Floors in Building
1
Number of units
2
Flooring type
Carpet, Tile
Building materials
Concrete Block, Brick, Stucco
Roof type
Tile
Architectural style
Other
Listing Agency:
Premiere Plus Realty Company
(239) 732-7837
Listed By:
Melanie Boyd
(239) 207-2127
Added: Jul 15, 2025
Changed: Oct 16
Last Checked: Oct 17 at 9:06AM
MLS# 225063084
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 1,544-square-foot end-unit duplex, built in 2017, includes two bedrooms, two full bathrooms, a den, laundry room, and a two-car attached garage. The residence has an open-feeling living environment with tile and carpet flooring, cherry cabinetry, a screened lanai, and lake frontage. Central electric heating and cooling, ceiling fans, and a kitchen equipped with a range, microwave, dishwasher, disposal, refrigerator/freezer, washer, and dryer support daily use.
The property is within Artesia, a tropical gated community near Marco Island and downtown Naples. Community amenities include a heated pool, movie theater, fitness center, library, meeting rooms, community kitchen and dining area, and pickleball courts. The home occupies a 0.11-acre lot and includes driveway parking.
The property is within Artesia, a tropical gated community near Marco Island and downtown Naples. Community amenities include a heated pool, movie theater, fitness center, library, meeting rooms, community kitchen and dining area, and pickleball courts. The home occupies a 0.11-acre lot and includes driveway parking.
Key Highlights
- 1,544‑square‑foot end‑unit duplex built in 2017
- Two bedrooms, two full bathrooms, and a den
- Two‑car attached garage with driveway parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,808
Cap Rate
5.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$456,160
$456.2K
Cap Rate 7%
$325,829
$325.8K
Cap Rate 9%
$253,422
$253.4K
Market Conditions
NOI Build-Up for 1,544 SF
Gross rent
$34.3K $22.20/SF
− Vacancy
−$1.7K −$1.10/SF
EGI
$32.6K $21.10/SF
− OpEx
−$9.8K −$6.33/SF
NOI
$22.8K $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%
$456,160
Cap Rate 7%
$325,829
Cap Rate 9%
$253,422
Alternative Uses
Best Use
Multifamily LT 5
$325.8K
$285.1K – $380.1K
NOI $22,808 @ 7.0% cap · market cap 5.18%
Second Best
Apartment 5plus
$299.5K
$262.0K – $349.4K
NOI $20,963 @ 7.0% cap · market cap 4.77%
Theoretical Best
Office A
$619.7K
$542.2K – $723.0K
NOI $43,377 @ 7.0% cap · market cap 9.86%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
51
Businesses Nearby
Explore this area
Business Placement
Demographics for 34113, FL
23,740
Population
16,461
Households
1.4
Avg Household Size
57
Median Age
40%
College-Educated
87%
High-School Grad
25.9 sq mi
ZIP Area
917
Density / Sq Mi
$76,539
Median Household Income
$37,070
Median Earnings
$1,888
Median Rent
$450,700
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 - End-unit duplex with lake views, den, screened lanai, and attached garage in a gated community.
Where is this duplex located?
The property is located at 1403 Oceania Dr S Naples, FL.
What is the asking price?
The asking price for this property is $439,900.
What are key features of this property?
This property features: 1,544‑square‑foot end‑unit duplex built in 2017; Two bedrooms, two full bathrooms, and a den; Two‑car attached garage with driveway parking
