Rare Golden Gate
2550 Tropicana Blvd, Naples, FL 34116
MULTI_FAMILY - Ranch - NAPLES, FL
Type:Single Family Residence
Property size:
3,744 SFLot size:
0.40 AcresPrice / SF:
$292/SF- Added:
- Apr 17, 2026
- Days on Market:
- 31
- Last Refresh:
- May 17 at 11:06 pm
Property Features for 2550 Tropicana Blvd
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Zoning
- X
- Bedrooms
- 8
- Bathrooms
- 8
- Rooms
- Bathroom 5, Bathroom 7, Bedroom 3, Bathroom 1, Bathroom 8, Bedroom 1, Bathroom 4, Bathroom 3, Bedroom 5, Bedroom 4, Bedroom 2, Bedroom 7, Bathroom 6, Bedroom 8, Bedroom 6, Bathroom 2
- Pets allowed
- Yes
- Standard status
- Active
- APN
- 35985360005
- Size
- 3,744 SF
- Lot size
- 0.40 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7103
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
- Water source
- Well
Building Details
- Year built
- 1994
- Number of units
- 4
- Flooring type
- Tile
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Shingle
- Architectural style
- Ranch
Listing agent Wally Perez (239) 304-6861
Listing office Xclusive Homes LLC 5425 Golden Gate Pkwy Ste 4, Naples, FL (239) 228-6242
Listing date Apr 17, 2026
MLS# 226015822
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.
HighLights
- Rare double quadraplex (two buildings, 8 total units) in a prime Golden Gate City location.
- Each unit features 2 bedrooms, 2 bathrooms, and in‑unit washer/dryer.
- Strong rental history with long‑term, high‑quality tenants (7‑13 years average tenancy).
- Below‑market rents offer significant income increase potential.
- Prime location within walking distance to shopping and dining (Winn Dixie plaza).
- Roofs replaced in 2020; concrete driveway with 2 parking spaces per unit; ACs appear in good condition.
Overview
This rare double quadruplex is located in the Golden Gate City area. Each of the two buildings offers four units, each featuring two bedrooms, two bathrooms, and an in-unit washer and dryer. The property has a concrete driveway with parking for two cars per unit. The roofs were replaced in 2020, and the AC units appear to be in good condition. The property has a strong rental history, with most tenants residing there for between 7 and 13 years. Situated within walking distance of the Winn Dixie shopping plaza and various shopping and dining options, the location is convenient for tenants. The property is in good overall condition and, with its long-term tenants, would be an excellent addition to an investment portfolio. The 0.4-acre lot contains 3,744 square feet of building area. Rents are below market value, offering income increase potential for a new owner. The property is currently zoned as 'X'.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$614.5K
NOI $55,308 @ 9.00% cap · cautious / downside scenario
Moderate
$790.1K
NOI $55,308 @ 7.00% cap · market / base-case scenario
Aggressive
$1.11M
NOI $55,308 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $83.1k | $22.20 |
| − Vacancy | −$4.1k | −$1.10 |
| EGI | $79.0k | $21.10 |
| − OpEx | −$23.7k | −$6.33 |
| NOI | $55.3k | $14.77 |
3,744 SF · lease $22.20/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$790.1K
$691.4K – $921.8K
NOI $55,308 @ 7.0% cap · market cap 5.05%
Second Best
Apartment 5plus
$726.2K
$635.4K – $847.2K
NOI $50,833 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$1.50M
$1.31M – $1.75M
NOI $105,185 @ 7.0% cap · market cap 9.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Naples
- County
- Collier
- State
- Florida
- Longitude
- -81.7035145
- Latitude
- 26.1796315
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Double quadruplex in prime location with long-term tenants.
Where is this quadplex located?
The property is located at 2550 Tropicana Blvd Naples, FL.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: Rare double quadraplex (two buildings, 8 total units) in a prime Golden Gate City location.; Each unit features 2 bedrooms, 2 bathrooms, and in‑unit washer/dryer.; Strong rental history with long‑term, high‑quality tenants (7‑13 years average tenancy).
