Triplex with Two-Bedroom
2642 Santa Barbara Blvd Naples, FL 34116
2642 Santa Barbara Blvd, Naples, FL, 34116
$699,000
For Sale
$699,000
MULTI_FAMILY - Other - NAPLES, FL
Property Size2,700 SF
Lot Size0.34 Acres
Price / SF$258.89
Days on Market47
Property Features for 2642 Santa Barbara Blvd
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Residential Income
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bathroom 1, Bedroom 1, Bedroom 4, Bedroom 6, Bedroom 3, Bathroom 2, Bedroom 5, Bedroom 2, Bathroom 3
- Patio and Porch features
- Patio
- Standard status
- Active
- APN
- 36325120008
- Size
- 2,700 SF
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- GOLDEN GATE UNIT 6 BLK 226 LOT 6
- Tax Annual Amount
- 4839
Utilities
- Sewer type
- Septic Tank
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric
- Water source
- Well
Building Details
- Year built
- 1982
- Number of units
- 3
- Flooring type
- Tile
- Building materials
- Concrete Block, Stucco
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
Premiere Plus Realty Company
(239) 732-7837
9015 Strada Stell Ct. #104, Naples, FL
Listed by
Sandra Carano · License #NAPLES-249520695
(239) 200-0531
Added: Jun 2 Checked: Jul 18 at 9:06 am
MLS# 226021617
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 income-producing triplex features two 2-bedroom, 1-bath corner units and one 2-bedroom, 2-bath unit. Each residence includes tile flooring, an open lanai, and a loft that can serve as additional storage space. The property also includes hurricane panels installed on all windows, and most windows were replaced in 2010. A roof replacement was completed in 2012.
The triplex is situated on a 0.34-acre lot along Santa Barbara Blvd in Naples, FL. The address is 2642 Santa Barbara Blvd, Naples, FL 34116, and the seller notes convenient access to shopping, dining, and major roadways.
For buyers seeking a small residential income property, this configuration provides a mix of 1-bath and 2-bath unit options within the same building. Current rental income is reported at $4,550 per month. Please do not disturb tenants. All information is deemed reliable but not guaranteed and should be independently verified by buyers.
The triplex is situated on a 0.34-acre lot along Santa Barbara Blvd in Naples, FL. The address is 2642 Santa Barbara Blvd, Naples, FL 34116, and the seller notes convenient access to shopping, dining, and major roadways.
For buyers seeking a small residential income property, this configuration provides a mix of 1-bath and 2-bath unit options within the same building. Current rental income is reported at $4,550 per month. Please do not disturb tenants. All information is deemed reliable but not guaranteed and should be independently verified by buyers.
Key Highlights
- Income‑producing triplex on 0.34 acres along Santa Barbara Blvd in Naples
- Unit mix: two 2‑bedroom, 1‑bath corner units and one 2‑bedroom, 2‑bath unit
- Rental income currently generating $4,550 per month
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 | $59.9k | $22.20 |
| − Vacancy | −$3.0k | −$1.10 |
| EGI | $57.0k | $21.10 |
| − OpEx | −$17.1k | −$6.33 |
| NOI | $39.9k | $14.77 |
2,700 SF · lease $22.20/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$569.8K
$498.6K – $664.8K
NOI $39,885 @ 7.0% cap · market cap 5.71%
Second Best
Apartment 5plus
$523.7K
$458.2K – $611.0K
NOI $36,659 @ 7.0% cap · market cap 5.24%
Theoretical Best
Office A
$1.08M
$948.2K – $1.26M
NOI $75,854 @ 7.0% cap · market cap 10.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Triplex - Income-producing triplex with multiple 2-bedroom layouts, tile flooring, lanai access, and updated windows, roof, and hurricane panels.
Where is this triplex located?
The property is located at 2642 Santa Barbara Blvd Naples, FL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Income‑producing triplex on 0.34 acres along Santa Barbara Blvd in Naples; Unit mix: two 2‑bedroom, 1‑bath corner units and one 2‑bedroom, 2‑bath unit; Rental income currently generating $4,550 per month
