Income-Generating Triplex with Corner
2642 Santa Barbara Blvd, Naples, FL 34116
New
MULTI_FAMILY - Other - NAPLES, FL
Property size:
2,700 SFLot size:
0.34 AcresPrice / SF:
$258/SF- Added:
- Jun 2, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 3 at 5:06 am
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 2, Bedroom 5, Bathroom 3, Bedroom 1, Bathroom 4, Bedroom 3, Bedroom 2, Bedroom 4, Bedroom 6, Bathroom 1
- 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
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
- 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 agent Sandra Carano License #NAPLES-249520695 (239) 200-0531
Listing office Premiere Plus Realty Company 9015 Strada Stell Ct. #104, Naples, FL (239) 732-7837
Listing date Jun 2, 2026
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.
HighLights
- Income‑producing triplex on a .34‑acre lot along Santa Barbara Blvd in Naples
- Two 2‑bedroom, 1‑bath corner units plus one 2‑bedroom, 2‑bath unit
- Rental income currently generates $4,600 per month
- Roof replaced in 2018; most windows replaced in 2010; hurricane panels installed on all windows
- Tile flooring throughout each unit with an open lanai and a loft for additional storage
- Well water and septic tank; concrete block with stucco exterior; central electric heating and central air
Overview
This income-producing triplex offers three well-laid-out residences on a 0.34-acre lot, including two 2-bedroom, 1-bath corner units and one 2-bedroom, 2-bath unit. Each unit features tile flooring throughout, an open lanai, and a loft that provides additional storage. Improvements include window replacements completed in 2010, hurricane panels installed on all windows, and a roof replacement in 2018, supporting ongoing durability and tenant comfort.
Located at 2642 Santa Barbara Blvd in Naples, the property is positioned for convenient access to shopping, dining, and major roadways. It is described as centrally located near East Naples, North Naples, and Downtown Naples, offering practical day-to-day connectivity for residents.
With current rental income of $4,600 per month, this triplex is well suited to investors seeking immediate cash flow while maintaining long-term potential. The unit mix and protective features may appeal to buyers looking for a more stable residential income setup. Please do not disturb tenants, and verify all information independently as nothing is guaranteed.
Located at 2642 Santa Barbara Blvd in Naples, the property is positioned for convenient access to shopping, dining, and major roadways. It is described as centrally located near East Naples, North Naples, and Downtown Naples, offering practical day-to-day connectivity for residents.
With current rental income of $4,600 per month, this triplex is well suited to investors seeking immediate cash flow while maintaining long-term potential. The unit mix and protective features may appeal to buyers looking for a more stable residential income setup. Please do not disturb tenants, and verify all information independently as nothing is guaranteed.
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 Profile
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Naples
- County
- Collier
- State
- Florida
- Longitude
- -81.7185066
- Latitude
- 26.177871
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Triplex with three 2-bedroom units, updated windows and roof, and strong current rental income near shopping and major roadways.
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 a .34‑acre lot along Santa Barbara Blvd in Naples; Two 2‑bedroom, 1‑bath corner units plus one 2‑bedroom, 2‑bath unit; Rental income currently generates $4,600 per month
