Search
Residential Income Property with Garage
For Sale
$235,000

163 Bristol Ln, Naples, FL 34112

Residential, Duplex, End-Unit, NAPLES, FL

Property Size1,181 SF
Price / SF$198.98
Days on Market126

Property Features for 163 Bristol Ln

General Information

Property type Residential
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bathroom 2, Den, Laundry Room, Bedroom 1, Bathroom 1
Parking 1
Parking features Assigned, Driveway, Guest
Window features Window Coverings
Pets allowed Yes
Interior features Pantry, Pull Down Stairs, Walk-In Closet(s), Window Coverings
Appliances Dishwasher, Microwave, Range, Refrigerator/Freezer, Washer, Water Treatment Owned
Subdivision BRISTOL SQUARE
Standard status Active
APN 24780600007
Size 1,181 SF

Taxes and HOA fees

Tax Year 2025
Tax Description BRISTOL SQUARE CONDOMINIUM BLDG D-201
Tax Annual Amount 1462
HOA Fee $10,278 Annually
Legal Description BRISTOL SQUARE CONDOMINIUM BLDG D-201

Utilities

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

Amenities

heated community pool/clubhouse
walking/exercise path
tennis court
pickleball court
dog walking paths
extra storage room

Building Details

Year built 1986
Floors in Building 2
Number of units 4
Flooring type Tile, Carpet
Building materials Poured Concrete, Wood Frame, Vinyl Siding
Roof type Shingle
Architectural style Other
Listing Agency: Downing Frye Realty Inc.
Listed By: Missy Shumake
Added: Jun 16 Changed: Oct 19 Last Checked: Oct 19 at 10:06PM
MLS# 226022563

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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1,181-square-foot condo, built in 1986, has two bedrooms, two bathrooms, a den, and an interior laundry room. The kitchen and bathrooms have been updated; kitchen features include a custom pantry, water purifier, and dishwasher. Hurricane-impact windows bring natural light into the end unit. A private garage with an additional storage room is paired with a driveway accommodating more than two cars. The central AC unit was replaced in 2026 and has a 10-year warranty.

Community amenities across the street include a heated pool and clubhouse. A one-mile walking and exercise path, tennis court, and pickleball court are also part of the community. Everyday shopping at Kings Lake center is accessible on foot or by bicycle.

Key Highlights

  • 1,181 square feet; built in 1986
  • Two bedrooms, two bathrooms, and a den
  • Private garage, separate storage room, and driveway for more than two cars

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,035
Cap Rate
6.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$320,700 $320.7K
Cap Rate 7%
$229,071 $229.1K
Cap Rate 9%
$178,167 $178.2K
Market Conditions
NOI Build-Up for 1,181 SF
Gross rent
$30.8K $26.04/SF
− Vacancy
−$1.6K −$1.35/SF
EGI
$29.2K $24.69/SF
− OpEx
−$13.1K −$11.11/SF
NOI
$16.0K $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%
$320,700
Cap Rate 7%
$229,071
Cap Rate 9%
$178,167

Alternative Uses

Best Use
Apartment 5plus
$229.1K
$200.4K – $267.3K (±1% cap)
NOI $16,035 @ 7.0% cap · market cap 6.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$474.0K
$414.7K – $553.0K (±1% cap)
NOI $33,179 @ 7.0% cap · market cap 14.12%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

288
Businesses Nearby

Demographics for 34112, FL

26,625
Population
20,626
Households
1.3
Avg Household Size
60
Median Age
35%
College-Educated
91%
High-School Grad
14.8 sq mi
ZIP Area
1,799
Density / Sq Mi
$68,838
Median Household Income
$34,300
Median Earnings
$1,529
Median Rent
$293,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Residential income property - Updated kitchen and baths, impact windows, and a den complement the condo’s private garage and storage room.
Where is this residential income property located?
The property is located at 163 Bristol Ln Naples, FL.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: 1,181 square feet; built in 1986; Two bedrooms, two bathrooms, and a den; Private garage, separate storage room, and driveway for more than two cars
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
Why this one?
Saved
Reason not saved — we won't ask again