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60-Unit Multifamily Portfolio
For Sale
$12,500,000

161 Santa Clara Drive, Naples, FL 34104

CommercialSale, Naples, FL

Property SizeContact for details
Days on Market368

Property Features for 161 Santa Clara Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning description 408 - APT CONVERSION
Directions 60 units, each individually addressed.
Subdivision NA17 - N/O Davis Blvd
Standard status Active
APN 46573002764

Taxes and HOA fees

Tax Year 2024
Tax Description GRANADA LAKES VILLAS CONDOMINIUM BLDG (See Parcel List with Legal Descriptions PDF)
Tax Annual Amount 88023
Legal Description GRANADA LAKES VILLAS CONDOMINIUM BLDG (See Parcel List with Legal Descriptions PDF)

Amenities

pool
spa
fitness center
tennis courts
clubhouse
playground

Building Details

Year built 1987
Listing Agency: Premiere Plus Realty Company
Listed By: Vincent Rigoni · License #249519444
Added: Aug 18, 2025 Changed: Aug 19 Last Checked: Aug 20 at 7:06AM
MLS# 2025006188

Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. 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 multifamily portfolio comprises 60 villa condominiums within a 248-unit gated community in Naples. The residences include one-bedroom, two-bedroom, and two-bedroom-plus-den layouts. Many have been renovated, with improvements such as tile flooring, three-tone paint, stainless steel appliances, shaker-style cabinetry, and granite countertops. Private screened lanais are included with each condo.

Community amenities include two pools, a spa, fitness center, tennis courts, clubhouse, and playground, with lakes and open green areas throughout the grounds. Property-wide work includes roof replacement, exterior painting, parking resurfacing, clubhouse upgrades, pool and fitness room improvements, and updated playground equipment.

The property was built in 1987 and offers access to I-75, shopping, and dining. Naples beaches and 5th Avenue are approximately 7 miles away, with an estimated 15–20-minute drive.

Key Highlights

  • 60 villa condominiums within a 248‑unit gated community
  • Mix of one‑bedroom, two‑bedroom, and two‑bedroom‑plus‑den residences
  • Many units renovated with tile flooring, stainless steel appliances, shaker cabinets, and granite countertops

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Dental Office Real Estate Agency Auto Repair Shop Skin Care Clinic Kitchen & Bath Showroom Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

60
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

336
Businesses Nearby

Demographics for 34104, FL

25,485
Population
16,062
Households
1.6
Avg Household Size
53
Median Age
33%
College-Educated
91%
High-School Grad
9.9 sq mi
ZIP Area
2,574
Density / Sq Mi
$70,301
Median Household Income
$40,680
Median Earnings
$1,742
Median Rent
$348,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Villa-style residences feature updated interiors, screened lanais, and access to gated community amenities.
Where is this multifamily property located?
The property is located at 161 Santa Clara Drive Naples, FL.
What is the asking price?
The asking price for this property is $12,500,000.
What are key features of this property?
This property features: 60 villa condominiums within a 248‑unit gated community; Mix of one‑bedroom, two‑bedroom, and two‑bedroom‑plus‑den residences; Many units renovated with tile flooring, stainless steel appliances, shaker cabinets, and granite countertops
More about this property
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