Back to Search
Attached Villa with Private Lanai

15162 Majorca Bay Dr Naples, FL 34110

15162 Majorca Bay Dr, Naples, FL, 34110
$514,000
For Sale
$514,000

SINGLE_FAMILY - Other - NAPLES, FL

Property Size2,050 SF
Price / SF$250.73
Days on Market253

Property Features for 15162 Majorca Bay Dr

General Information

Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
3
Rooms
Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 2, Bathroom 3, Den, Bedroom 1, Laundry Room
Parking
2
Parking features
Driveway
Window features
Window Coverings
Patio and Porch features
Porch
Interior features
Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Window Coverings
Exterior features
Screened Lanai/Porch
Appliances
Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Washer
Standard status
Active
APN
72705000621
Size
2,050 SF

Taxes and HOA fees

Tax Year
2024
Tax Description
SEA PINES II AT BAY FOREST A CONDOMINIUM UNIT 6
Tax Annual Amount
3475

Utilities

Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air

Building Details

Year built
1990
Floors in Building
2
Number of units
2
Flooring type
Tile, Vinyl, Carpet
Building materials
Concrete Block, Stucco
Roof type
Tile
Architectural style
Other
Listing Agency Realty One Group MVP
1495 Pine Ridge Road Ste 1, Naples, FL
Listed by Marta VanderStarre
Added: Nov 9, 2025 Updated: Jul 12 at 11:30 am Checked: Jul 20 at 3:06 pm
MLS# 225072220 Listing URL

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.


Investment Insights

Based on property information with market context.

This attached villa features three bedrooms and three baths, with a large private lanai and an attached two-car garage. The layout includes two primary suites, one on the main floor and one upstairs, each with ample sleeping space plus sitting areas and roomy bathrooms. Additional living space includes a family room that can be used as an office or den, and the dining area in the great room accommodates an extended table. The kitchen offers room for a dinette, and the home also includes a screened garden area accessible from the family room and first-floor primary suite.

The Sea Pines II community has just 15 units and is set in Bay Forest. Community improvements mentioned include paver driveways, tile roofs, and fresh paint and light fixtures. Amenities include a community pool with a grill and bar space in the cabana, and Bay Forest offers 2+ miles of paved trails and a boardwalk through a preserve with a tiki hut and paddle-sport launch. The listing remarks also note direct access to the trail.

The unit is described as sitting higher in the neighborhood and having no water intrusion during Hurricane Ian.

Key Highlights

  • 3‑bedroom, 3‑bath attached villa with more than 2,000 SF and a large private lanai, plus an attached 2‑car garage
  • Two primary suites: one on the main floor and one upstairs, each with roomy bathrooms, walk‑in showers, and extended walk‑in closets
  • Large screened lanai/porch with covered patio and screened garden area, accessed from the family room and first‑floor primary suite

Local Financial Insights For Multifamily LT 5

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 $45.5k $22.20
− Vacancy −$2.2k −$1.10
EGI $43.3k $21.10
− OpEx −$13.0k −$6.33
NOI $30.3k $14.77
2,050 SF · lease $22.20/SF/yr · vacancy 4.94% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$432.6K
$378.5K – $504.7K (±1% cap)
NOI $30,283 @ 7.0% cap · market cap 5.89%
Second Best
Apartment 5plus
$397.6K
$347.9K – $463.9K (±1% cap)
NOI $27,833 @ 7.0% cap · market cap 5.41%
Theoretical Best
Office A
$822.8K
$719.9K – $959.9K (±1% cap)
NOI $57,593 @ 7.0% cap · market cap 11.20%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Building Supply Garden Center Parking Lot & Garage Gym & Fitness Center Pet Grooming Service Electronics & Wireless Store Bed & Breakfast Bar & Pub Hotel & Motel

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

FAQs

What type of property is this?
Duplex - Attached villa offers three bedrooms and three baths, plus a large private screened lanai and attached two-car garage.
Where is this duplex located?
The property is located at 15162 Majorca Bay Dr Naples, FL.
What is the asking price?
The asking price for this property is $514,000.
What are key features of this property?
This property features: 3‑bedroom, 3‑bath attached villa with more than 2,000 SF and a large private lanai, plus an attached 2‑car garage; Two primary suites: one on the main floor and one upstairs, each with roomy bathrooms, walk‑in showers, and extended walk‑in closets; Large screened lanai/porch with covered patio and screened garden area, accessed from the family room and first‑floor primary suite
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message