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    Gulf-Access Homesite in Avion Park Title is generated by Realmo AI

    1675 Avion Place, Naples, FL 34104

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    For Sale
    $925,000

    Waterfront homesite with Gulf access, dock underway, build-ready.

    Type:Lot & Land
    Lot size:
    0.18 Acres
    Added:
    Jun 19, 2025
    Days on Market:
    353
    Last Refresh:
    Mar 13 at 9:53 am

    Property Features for 1675 Avion Place

    General Information

    Standard status
    Active
    Lot size
    0.18 Acres
    Property subtype
    Lot & Land

    We can help!

    Listing Contact
    Paul Vacco

    Listing agent Paul Vacco License #NAPLES-249523273

    Listing office Berkshire Hathaway FL Realty

    Listing date Jun 19, 2025

    Source Compass

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway FL Realty

    HighLights

    • Gulf‑access waterfront homesite with dock underway, offering direct boating access to the Gulf of Mexico and Naples Bay.
    • Build‑ready lot with paid mangrove mitigation and stamped Ashmore Design home plans included, significantly reducing build time and costs.
    • Located in Avion Park, a small, private boating community with only 27 homes and no HOA fees.
    • Prime location minutes from downtown Naples, the Gordon River Greenway Trail, Baker Park, and Port 32 Marina.
    • City water and sewer are already in place, further streamlining the building process and reducing costs.
    • Zoning allows for annual or seasonal rentals (minimum 30 days), providing income potential.

    Overview

    This 0.18-acre waterfront homesite is located in Avion Park, a boating community consisting of 27 homes. The property, situated at 1675 Avion Place, offers Gulf access via the Gordon River, leading to Naples Bay. A private dock is currently underway. State mangrove mitigation has already been paid. Stamped Ashmore Design home plans are available and included at no additional cost. A boundary survey and geotechnical exploration report (soil testing) are also available. City water and sewer are already in place. The location is steps away from the Gordon River Greenway Trail, a 2.5-mile path that connects to Baker Park and downtown Naples. Port 32 Marina and Wahoo’s River Bar & Grill are nearby. Naples Airport is also nearby. Zoning allows annual rentals or seasonal rentals up to three times per year with a 30-day minimum.
    Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Restaurant Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Naples
    County
    Collier
    State
    Florida
    Longitude
    -81.7834242
    Latitude
    26.1541744

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    FAQs

    What type of property is this?
    Waterfront Land - Waterfront homesite with Gulf access, dock underway, build-ready.
    Where is this waterfront land located?
    The property is located at 1675 Avion Place Naples, FL.
    What is the asking price?
    The asking price for this property is $925,000.
    What are key features of this property?
    This property features: Gulf‑access waterfront homesite with dock underway, offering direct boating access to the Gulf of Mexico and Naples Bay.; Build‑ready lot with paid mangrove mitigation and stamped Ashmore Design home plans included, significantly reducing build time and costs.; Located in Avion Park, a small, private boating community with only 27 homes and no HOA fees.
    (239) 776-1960
    We can help!
    Listing Contact
    Paul Vacco
    Real Estate License ID: NAPLES-249523273
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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